Atrium Mortgage Investment (TSE:AI) Given a C$13.00 Price Target by Fundamental Research Analysts

Fundamental Research set a C$13.00 target price on Atrium Mortgage Investment (TSE:AI) in a research note released on Tuesday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Atrium Mortgage Investment Stock Up 0.3%

Shares of Atrium Mortgage Investment stock opened at C$11.09 on Tuesday. The stock has a market cap of C$530.24 million, a price-to-earnings ratio of 10.66 and a beta of 0.68. Atrium Mortgage Investment has a twelve month low of C$9.97 and a twelve month high of C$11.84. The company’s fifty day moving average is C$11.48 and its 200 day moving average is C$11.43.

Atrium Mortgage Investment Dividend Announcement

The business also recently declared a oct 25 dividend, which was paid on Thursday, November 13th. Stockholders of record on Thursday, November 13th were paid a $0.0775 dividend. The ex-dividend date of this dividend was Friday, October 31st. This represents a dividend yield of 819.0%. Atrium Mortgage Investment’s dividend payout ratio is presently 88.22%.

Atrium Mortgage Investment Company Profile

Atrium Mortgage Investment Corp is a non-banking finance company providing residential and commercial mortgages that lends funds in major urban centres in Canada where the stability and liquidity of real estate are high. Its objectives are to provide its shareholders with stable and secure dividends and preserve shareholders’ equity by lending within conservative risk parameters.