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Research Reports Coverage on REIT Stocks -- Anworth Mortgage Asset, Global Net Lease, RAIT Financial Trust, and PennyMac Mortgage Investment Trust

GNL, PMT

PR Newswire

NEW YORK, November 14, 2016 /PRNewswire/ --

Today, Stock-Callers.com has lined up the following Diversified REITs for further assessment: Anworth Mortgage Asset Corp. (NYSE: ANH), Global Net Lease Inc. (NYSE: GNL), RAIT Financial Trust (NYSE: RAS), and PennyMac Mortgage Investment Trust (NYSE: PMT). These companies belong to the financials sector which was little changed in afternoon trade on Friday, November 11th, 2016, with the NYSE Financial Sector Index slipping about 0.1%, and financial companies in the S&P 500 Index dropping less than 0.1%. These stocks research reports can be downloaded now by simply registering for free at: http://stock-callers.com/registration

Anworth Mortgage Asset  

Santa Monica, California headquartered Anworth Mortgage Asset Corp.'s stock rose 0.81%, finishing last Friday's session at $4.97. A total volume of 844,158 shares was traded, which was above their three months average volume of 546,280 shares. Over the last month and the previous three months, the Company's shares have advanced 3.33% and 2.61%, respectively. Moreover, the stock has gained 25.64% on an YTD basis. Shares of the Company are trading above their 50-day and 200-day moving averages by 2.06% and 9.59%, respectively. Additionally, shares of Anworth Mortgage Asset, which invests in, finances, and manages leveraged portfolio of residential mortgage-backed securities that are guaranteed by Ginnie Mae, or by agencies or instrumentalities of the federal government, including Fannie Mae and Freddie Mac, have a Relative Strength Index (RSI) of 55.40.

On November 03rd, 2016, Anworth Mortgage Asset reported core earnings of $12,082, or $0.13 per share. At September 30th, 2016, the Company's book value was $6.25 per share of common stock, which was an increase of $0.19 from $6.06 in the prior quater. Your complete research report on ANH can be retrieved for free at: http://stock-callers.com/registration/?symbol=ANH

Global Net Lease  

On Friday, shares in New York-based Global Net Lease Inc. ended the session 2.46% higher at $7.51. The stock recorded a trading volume of 953,949 shares, which was above its three months average volume of 518,490 shares. The Company's shares have gained 2.40% since the start of this year. The stock is trading below its 50-day moving average by 2.59%. Moreover, shares of Global Net Lease, which invests in the real estate markets across the globe, have an RSI of 52.65.

On October 12th, 2016, research firm FBR & Co. initiated a 'Market Perform' rating on the Company's stock, issuing a target price of $8.15 per share. On November 09th, 2016, Global Net Lease reported that net income attributable to stockholders of $8.9 million, or $0.05 per share, for Q3 2016 a y-o-y increase of 64.6%. The company reported net operating income of $49.1 million, up by 4.6% on y-o-y basis. Adjusted Funds from Operations ("AFFO") was $33.1 million, or $0.20 per share, a year-over-year increase of 15.7%. GNL free report is just a click away at: http://stock-callers.com/registration/?symbol=GNL

RAIT Financial Trust  

Philadelphia, Pennsylvania-based RAIT Financial Trust's stock jumped 6.69%, to close the day at $2.87. A total volume of 617,966 shares was traded, which was above their three months average volume of 506,450 shares. The Company's shares have advanced 20.09% on an YTD basis. The stock is trading 1.03% above its 200-day moving average. Additionally, shares of RAIT Financial Trust, which operates as a self-managed and self-advised REIT, have an RSI of 49.49.

As per notes filed with the SEC on November 07th, 2016, in connection with Scott L.N. Davidson's anticipated promotion to the position of Chief Executive Officer of RAIT Financial Trust, RAIT and Mr. Davidson entered on November 1st, 2016, into an employment agreement which provides for his compensation, grounds for termination and severance, non-competition, non-solicitation, intellectual property and confidentiality covenants and other customary provisions. Sign up for your complimentary research report on RAS at: http://stock-callers.com/registration/?symbol=RAS

PennyMac Mortgage Investment Trust  

Shares in Moorpark, California-based PennyMac Mortgage Investment Trust recorded a trading volume of 753,011 shares, which was higher than their three months average volume of 451,920 shares. The stock ended Friday's session at $16.07, up 1.45%. The Company's shares have gained 7.71% in the past month, 8.98% in the previous three months, and 15.81% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.59% and 15.41%, respectively. Furthermore, shares of PennyMac Mortgage Investment Trust, which invests primarily in residential mortgage loans and mortgage-related assets in the US, have an RSI of 68.03.

On November 04th, 2016, the company reported net income of $35.4 million, or $0.49 per diluted share, for Q3 2016, on net investment income of $103.3 million.  Book value per share was $20.21 at September 30th, 2016, up from $20.09 at June 30th, 2016. Register for free on Stock-Callers.com and download the latest research report on PMT at: http://stock-callers.com/registration/?symbol=PMT

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