Hunt Companies Finance Trust Inc (NYSE:HCFT) Given Consensus Recommendation of “Strong Buy” by Brokerages
Shares of Hunt Companies Finance Trust Inc (NYSE:HCFT) have been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Brokers have set a 1 year consensus price objective of $3.75 for the company, according to Zacks. Zacks has also given Hunt Companies Finance Trust an industry rank of 177 out of 255 based on the ratings given to its competitors.
Separately, ValuEngine upgraded shares of Hunt Companies Finance Trust from a “sell” rating to a “hold” rating in a research note on Friday, November 1st.
HCFT stock remained flat at $$3.29 during trading on Friday. 182,100 shares of the company’s stock were exchanged, compared to its average volume of 49,190. Hunt Companies Finance Trust has a 52-week low of $3.17 and a 52-week high of $3.64. The company has a debt-to-equity ratio of 4.99, a current ratio of 26.74 and a quick ratio of 26.74. The firm has a market capitalization of $77.22 million, a P/E ratio of 82.25 and a beta of 1.29. The company has a fifty day moving average of $3.26 and a two-hundred day moving average of $3.29.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 9.12%. The ex-dividend date was Monday, December 30th. Hunt Companies Finance Trust’s dividend payout ratio is presently -96.77%.
About Hunt Companies Finance Trust
Hunt Companies Finance Trust, Inc, a real estate specialty finance company, focuses on investing in portfolio mortgage-backed securities (MBS), mortgages, and other real estate related assets. It invests in agency and non-agency residential MBS, multi-family MBS, mortgage-servicing rights, and other mortgage-related investments.
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