Market Overview

UPDATE: Stifel Nicolaus Downgrades Anworth Mortgage Asset Corporation to Hold on Relative Sector Value

Related ANH
2 Small-Cap mREITs & 3 Top High-Yield Picks From Credit Suisse
Anworth Announces Increase to Series B Preferred Stock Conversion Rate

Stifel Nicolaus lowers its rating on Anworth Mortgage Asset Corporation (NYSE: ANH) and removes its price target on shares.

Stifel Nicolaus says, "Anworth is running with the lowest net interest spread in the agency REIT group. Combined with lower-than-average leverage, the portfolio produces the lowest ROE of the group. This translates to the lowest dividend yield (even with the stock trading well below book value) and we don't envision this changing in the near future."

ANH closed at $7.01 on Monday.

Latest Ratings for ANH

Nov 2015Keefe Bruyette & WoodsMaintains
Nov 2015Deutsche BankMaintainsHold
Aug 2015Keefe Bruyette & WoodsMaintainsMarket Perform

View More Analyst Ratings for ANH
View the Latest Analyst Ratings

Posted-In: Stifel NicolausAnalyst Color Downgrades Price Target Intraday Update Analyst Ratings


Related Articles (ANH)

View Comments and Join the Discussion!

Partner Center