Five Oaks Investment Corp. (NYSE:OAKS) declared a monthly dividend on Monday, September 19th. Shareholders of record on Monday, October 17th will be given a dividend of 0.06 per share on Friday, October 28th. This represents a $0.72 dividend on an annualized basis and a yield of 12.79%. The ex-dividend date of this dividend is Thursday, October 13th.

A number of research firms have issued reports on OAKS. Zacks Investment Research downgraded Five Oaks Investment Corp. from a “hold” rating to a “sell” rating in a report on Wednesday, August 24th. JMP Securities reiterated a “buy” rating on shares of Five Oaks Investment Corp. in a report on Wednesday, August 17th. Finally, Credit Suisse Group AG reiterated a “hold” rating and issued a $6.50 price objective on shares of Five Oaks Investment Corp. in a report on Friday, September 9th.

Institutional investors have recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its position in shares of Five Oaks Investment Corp. by 68.1% in the second quarter. Bank of New York Mellon Corp now owns 22,461 shares of the company’s stock worth $123,000 after buying an additional 9,103 shares during the period. Mackenzie Financial Corp boosted its position in shares of Five Oaks Investment Corp. by 36.5% in the second quarter. Mackenzie Financial Corp now owns 30,897 shares of the company’s stock worth $169,000 after buying an additional 8,270 shares during the period. Finally, Vanguard Group Inc. boosted its position in shares of Five Oaks Investment Corp. by 29.2% in the second quarter. Vanguard Group Inc. now owns 628,511 shares of the company’s stock worth $3,445,000 after buying an additional 142,230 shares during the period. Hedge funds and other institutional investors own 17.62% of the company’s stock.

Shares of Five Oaks Investment Corp. (NYSE:OAKS) opened at 5.63 on Tuesday. The stock has a 50 day moving average price of $5.84 and a 200-day moving average price of $5.65. The stock’s market capitalization is $82.18 million. Five Oaks Investment Corp. has a 1-year low of $3.82 and a 1-year high of $7.31.

Five Oaks Investment Corp. (NYSE:OAKS) last announced its earnings results on Tuesday, August 9th. The company reported $0.21 EPS for the quarter, missing the Zacks’ consensus estimate of $0.22 by $0.01. Five Oaks Investment Corp. had a positive return on equity of 10.80% and a negative net margin of 25.00%. On average, analysts forecast that Five Oaks Investment Corp. will post $0.86 earnings per share for the current year.

Five Oaks Investment Corp. Company Profile

Five Oaks Investment Corp. is a real estate investment trust. The Company is focused on investing on a leveraged basis in mortgage and other real estate-related assets, particularly residential mortgage loans and mortgage-backed securities (MBS). The Company invests in various assets, such as Agency residential MBS (RMBS); securitizations backed by multi-family mortgage loans, or Multi-Family MBS; residential mortgage loans and other mortgage-related investments, including mortgage servicing rights (MSRs), and Non-Agency RMBS.

5 Day Chart for NYSE:OAKS

Receive News & Ratings for Five Oaks Investment Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Oaks Investment Corp. and related companies with Analyst Ratings Network's FREE daily email newsletter.