Anworth Mortgage Asset Corporat found using ticker (ANH) now have 1 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 2 and 2 calculating the average target price we see 2. Now with the previous closing price of 1.85 this is indicating there is a potential upside of 8.1%. The day 50 moving average is 1.75 and the 200 moving average now moves to 2.15. The market capitalisation for the company is $183m. Visit the company website at: http://www.anworth.com
Anworth Mortgage Asset Corporation operates as a real estate investment trust (REIT) in the United States. It primarily invests in, finances, and manages a leveraged portfolio of residential mortgage-backed securities and loans that are guaranteed by government-sponsored enterprises, such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation. The company also invests in non-agency mortgage backed securities that are secured by first-lien residential mortgage loans; and other mortgage-related investments consisting of mortgage derivative securities, subordinated interests, and residential real estate properties. Anworth Mortgage Asset Corporation qualifies as a REIT for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Anworth Mortgage Asset Corporation was founded in 1997 and is based in Santa Monica, California.