Post by
sdhaka on Nov 30, 2023 5:08pm
Atrium Mortgage is doing well in a tough market,
Our team has published a research report on Atrium Mortgage Investment Corporation. Despite market headwinds, Atrium shines with a record-breaking Q3-2023 revenue, surpassing estimates by 4%.
Atrium Mortgage is doing well in a tough market, hitting a record $0.86B in mortgages. As economic changes hint at upcoming Bank of Canada rate cuts, AI's strong position is backed by a 61% average Loan-to-Value (LTV). Looking forward, our 2023 dividend forecast of $1.16/share, with an 11.25% yield, makes AI the top-yielding publicly traded MIC.
*FRC provides issuer paid coverage.
*Past performance is not indicative of future results.
Be the first to comment on this post