Hunt Companies Finance Trust Inc (NYSE:HCFT) announced a quarterly dividend on Tuesday, March 19th, Wall Street Journal reports. Investors of record on Friday, March 29th will be paid a dividend of 0.07 per share on Monday, April 15th. This represents a $0.28 annualized dividend and a yield of 7.84%. The ex-dividend date is Thursday, March 28th. This is an increase from Hunt Companies Finance Trust’s previous quarterly dividend of $0.06.

Hunt Companies Finance Trust has a payout ratio of 68.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect Hunt Companies Finance Trust to earn $0.50 per share next year, which means the company should continue to be able to cover its $0.24 annual dividend with an expected future payout ratio of 48.0%.

HCFT stock traded down $0.01 during trading hours on Tuesday, reaching $3.57. 33,369 shares of the stock were exchanged, compared to its average volume of 85,528. The stock has a market cap of $85.30 million, a PE ratio of 7.44 and a beta of 1.33. The company has a current ratio of 20.81, a quick ratio of 20.81 and a debt-to-equity ratio of 4.55. Hunt Companies Finance Trust has a 12 month low of $2.55 and a 12 month high of $3.79.

Hunt Companies Finance Trust (NYSE:HCFT) last released its earnings results on Monday, March 18th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.04). The firm had revenue of $4.60 million for the quarter. Hunt Companies Finance Trust had a return on equity of 8.47% and a net margin of 2.79%. On average, analysts forecast that Hunt Companies Finance Trust will post 0.35 earnings per share for the current fiscal year.

In other Hunt Companies Finance Trust news, Director James Christopher Hunt purchased 22,500 shares of Hunt Companies Finance Trust stock in a transaction that occurred on Monday, January 7th. The stock was acquired at an average price of $3.02 per share, for a total transaction of $67,950.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders bought a total of 28,054 shares of company stock valued at $84,717 in the last 90 days. 0.92% of the stock is owned by corporate insiders.

Several equities analysts have recently weighed in on the company. ValuEngine upgraded Hunt Companies Finance Trust from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd. JMP Securities upgraded Hunt Companies Finance Trust from a “market perform” rating to a “market outperform” rating and set a $3.75 price objective for the company in a report on Thursday, January 10th.

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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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