The mREIT sector ( REM +1.2% ) is up for a 2nd consecutive day, with Hatteras Financial 's ( HTS +1.5% ) 9% dividend cut overnight not hurting the stock and suggesting maybe a lot of bad news has been priced in. Core income
The shellacking agency mREITs such as Annaly ( NLY ), American Capital Agency ( AGNC ), Armour Residential ( ARR ), and Hatteras ( HTS ) have received is almost entirely explained by four factors: 1) The rapid increase in interest rates 2) Management's
about a 20% discount. Previous : CIO Kain promises to continue buybacks at this discounted level. Other agency players: Hatteras ( HTS -1% ), CYS ( CYS -1.4% ), Capstead ( CMO -1% ). Non-agency mREITs are slipping as well - even as Case-Shiller
2.9% ), ( MTGE -2.5% ), Armour ( ARR -3.7% ), Invesco ( IVR -3% ), CYS Investments ( CYS -5.3% ), Hatteras ( HTS -3% ). Other related ETFs: MORT , MORL . Earlier : Big beat on jobs number sends Treasury prices south. Post your comment
The 6% decline in HTS is an overreaction to a mixed earnings report, says analyst Jason Stewart, upping to Buy with $22 price target . The 3 ..... represents a slight premium to book value and a pro forma dividend yield of 10.5% (what if the dividend gets cut?). Hatteras earnings coverage . Post your comment!
Hatteras Financial Corp ( HTS ) Q3 2013 Earnings Call October ..... Operator Good day, and welcome to Hatteras Q3 Earnings Conference Call and ..... seekingalpha.com/article/1788602- hatteras - financial -corp-management-discusses-q3-2013-results-earnings-call-transcript
yield curve has priced in the taper, says Hatteras ( HTS -3.3% ) management on the earnings ..... thus a steeper yield curve and making Hatteras ' laddered ARM book strategy as the place ..... eurodollar futures. Off 7.5% earlier, HTS is trying to mount a minor comeback as
for it. AGNC continues to be a major drag on the sector ( REM -3.7% ). Other names: Two Harbors ( TWO -2.6% ), Hatteras ( HTS -2.9% ), Anworth ( ANH -3.8% ), Western Asset ( WMC -2.6% ), Ellington ( EFC -1.9% ), ( EARN -3