Wunderlich Securities Raises 2011 Estimates On ANH

Wunderlich Securities is raising its 2011 estimate on shares of Anworth Mortgage Asset Corporation (NYSE: ANH).

“An increase in book value at year end and an increase in financial leverage were the trends that led to the earnings beat for 4Q10, and we are applying established trend lines to our projections, and have increased our 2011E from $0.82 to $0.94,” Wunderlich Securities writes.

of Anworth Mortgage Asset Corporation closed Friday at $7.05.