About Arlington Asset Investment (NYSE:AI)
Arlington Asset Investment Corp. is an investment company. The Company focuses on acquiring and holding a levered portfolio of residential mortgage-backed securities (MBS), consisting of agency MBS and private-label MBS. Agency MBS include residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by a United States Government agency or government-sponsored enterprise (GSE), such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). Private-label MBS, or non-agency MBS, include residential MBS that are not guaranteed by a GSE or the United States Government. The Company funds its investments primarily through short-term financing arrangements. The Company purchases agency MBS either in initial offerings or in the secondary market through broker-dealers or similar entities. It may invest in agency MBS collateralized by adjustable-rate mortgage loans (ARMs) or hybrid ARMs.
Industry, Sector and Symbol
Industry Investment Management & Fund Operators
Sub-IndustryAsset Management & Custody Banks
Trailing P/E Ratio20.2142857142857
Forward P/E Ratio7.70
Sales & Book Value
Annual Sales$121.25 million
Price / Sales2.63
Cash Flow$1.80 per share
Price / Cash6.29
Book Value$13.45 per share
Price / Book0.84
Net Income$17.43 million
Return on Equity4.68%
Return on Assets0.40%
Arlington Asset Investment (NYSE:AI) Frequently Asked Questions
What is Arlington Asset Investment's stock symbol?
Arlington Asset Investment trades on the New York Stock Exchange (NYSE) under the ticker symbol "AI."
How often does Arlington Asset Investment pay dividends? What is the dividend yield for Arlington Asset Investment?
Arlington Asset Investment announced a quarterly dividend on Friday, December 15th. Stockholders of record on Friday, December 29th will be paid a dividend of $0.55 per share on Wednesday, January 31st. This represents a $2.20 annualized dividend and a dividend yield of 19.43%. The ex-dividend date of this dividend is Thursday, December 28th. View Arlington Asset Investment's Dividend History.
How were Arlington Asset Investment's earnings last quarter?
Arlington Asset Investment Corp (NYSE:AI) posted its earnings results on Tuesday, February, 6th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.20 by $0.38. The financial services provider had revenue of $15.66 million for the quarter, compared to the consensus estimate of $18.14 million. Arlington Asset Investment had a net margin of 14.42% and a return on equity of 4.68%. View Arlington Asset Investment's Earnings History.
When will Arlington Asset Investment make its next earnings announcement?
Where is Arlington Asset Investment's stock going? Where will Arlington Asset Investment's stock price be in 2018?
4 brokers have issued twelve-month price objectives for Arlington Asset Investment's stock. Their predictions range from $12.00 to $14.25. On average, they anticipate Arlington Asset Investment's stock price to reach $13.31 in the next twelve months. View Analyst Ratings for Arlington Asset Investment.
What are Wall Street analysts saying about Arlington Asset Investment stock?
Here are some recent quotes from research analysts about Arlington Asset Investment stock:
- 1. According to Zacks Investment Research, "Arlington Asset Investment Corp. is a principal investment firm that currently invests primarily in mortgage-related and other assets. " (1/15/2018)
- 2. FBR & Co analysts commented, "We reiterate our Neutral rating and $13.00 price target on AI shares following 3Q17 results. Core EPS of $0.52 missed our $0.57 estimate and came in below the quarterly dividend of $0.55. The miss was largely driven by higher prepayment speeds and funding costs, given the rate environment. On the bright side, both common and tangible book value increased over 2Q17, given agency MBS spreads tightening in the quarter. Looking ahead, management noted that the operating environment has already improved in 4Q17, and it expects fewer earnings headwinds. That said, we maintain a balanced view and would look to remain on the sidelines with regard to shares, given our expectation of continued earnings headwinds." (10/27/2017)
- 3. Maxim Group analysts commented, "On June 16, AI announced that it was reducing its 2Q17 quarterly dividend to $0.55, from $0.625. We are lowering our 2017 dividend estimate to $2.27, from $2.50, and lowering our 2017 EPS estimate to $1.86, from $2.10." (7/24/2017)
Who are some of Arlington Asset Investment's key competitors?
Some companies that are related to Arlington Asset Investment include Oaktree Specialty Lending (OCSL), Arrow Global Group (ARW), Chesnara (CSN), Ashford Hospitality Trust (AHT), Catchmark Timber Trust (CTT), Mercantile Bank (MBWM), Hudson Valley (HVB), Hansteen (HSTN), Raven Russia (RUS), Southwest Bancorp (OKSB), Triangle Capital (TCAP), AmREIT (AMRE), Watkin Jones (WJG), Sirius Real Estate (SRE), SPDR S&P Retail (XRT), NewStar Financial (NEWS), Bridge Capital (BBNK) and Bank Mutual (BKMU).
Who are Arlington Asset Investment's key executives?
Arlington Asset Investment's management team includes the folowing people:
- Eric F. Billings, Executive Chairman of the Board (Age 62)
- J. Rock Tonkel Jr., President, Chief Executive Officer, Director (Age 52)
- Richard Ernst Konzmann, Chief Financial Officer, Principal Financial Officer, Executive Vice President, Treasurer (Age 47)
- Benjamin J. Strickler, Chief Accounting Officer, Vice President (Age 35)
- Daniel J. Altobello, Lead Independent Director (Age 76)
- Daniel E. Berce, Independent Director (Age 63)
- David W. Faeder, Independent Director (Age 58)
- Peter A. Gallagher, Independent Director (Age 74)
- Ralph S. Michael III, Independent Director (Age 62)
Who owns Arlington Asset Investment stock?
Arlington Asset Investment's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.61%), Wolverine Asset Management LLC (3.05%), Bank of New York Mellon Corp (1.04%), Geode Capital Management LLC (0.82%), PVG Asset Management Corp (0.52%) and Two Sigma Advisers LP (0.43%). Company insiders that own Arlington Asset Investment stock include Eric F Billings, J Rock Tonkel Jr, Ralph S Michael III and Richard Ernst Konzmann. View Institutional Ownership Trends for Arlington Asset Investment.
Who sold Arlington Asset Investment stock? Who is selling Arlington Asset Investment stock?
Arlington Asset Investment's stock was sold by a variety of institutional investors in the last quarter, including Wolverine Asset Management LLC, Goldman Sachs Group Inc., Wells Fargo & Company MN, Aperio Group LLC and Metropolitan Life Insurance Co. NY. View Insider Buying and Selling for Arlington Asset Investment.
Who bought Arlington Asset Investment stock? Who is buying Arlington Asset Investment stock?
Arlington Asset Investment's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Bramshill Investments LLC, Deutsche Bank AG, Rational Advisors LLC, LPL Financial LLC, Geode Capital Management LLC, PVG Asset Management Corp and UBS Asset Management Americas Inc.. Company insiders that have bought Arlington Asset Investment stock in the last two years include Eric F Billings, J Rock Tonkel Jr, Ralph S Michael III and Richard Ernst Konzmann. View Insider Buying and Selling for Arlington Asset Investment.
How do I buy Arlington Asset Investment stock?
Shares of Arlington Asset Investment can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Arlington Asset Investment's stock price today?
One share of Arlington Asset Investment stock can currently be purchased for approximately $11.32.
How big of a company is Arlington Asset Investment?
Arlington Asset Investment has a market capitalization of $318.55 million and generates $121.25 million in revenue each year. The financial services provider earns $17.43 million in net income (profit) each year or $0.56 on an earnings per share basis. Arlington Asset Investment employs 11 workers across the globe.
How can I contact Arlington Asset Investment?
Arlington Asset Investment's mailing address is 1001 19th St N Ste 1900, ARLINGTON, VA 22209-1720, United States. The financial services provider can be reached via phone at +1-703-3730200 or via email at [email protected]
MarketBeat Community Rating for Arlington Asset Investment (AI)MarketBeat's community ratings are surveys of what our community members think about Arlington Asset Investment and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Arlington Asset Investment (NYSE:AI) Earnings History and Estimates Chart
Arlington Asset Investment (NYSE AI) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/6/2018||Q4 2017||$0.20||$0.58||$18.14 million||$15.66 million||View||Listen|
|10/24/2017||Q3 2017||$0.37||$0.52||$20.17 million||$14.87 million||View||N/A|
|7/24/2017||Q2 2017||$0.60||$0.58||$20.28 million||$18.93 million||View||N/A|
|4/25/2017||Q1 2017||$0.21||$0.22||$19.54 million||$20.28 million||View||N/A|
|2/7/2017||Q4 2016||$0.65||$0.64||$21.72 million||$16.14 million||View||Listen|
|10/25/2016||Q316||$0.66||$0.64||$21.63 million||$18.26 million||View||N/A|
|7/26/2016||Q216||$0.67||$0.67||$23.55 million||$19.65 million||View||N/A|
|5/10/2016||Q116||$0.92||$0.80||$28.34 million||$22.06 million||View||Listen|
|2/2/2016||Q4 2015||$1.32||$1.27||$33.20 million||$32.94 million||View||N/A|
|10/26/2015||Q315||$1.33||$1.35||$35.41 million||$35.41 million||View||Listen|
|7/27/2015||Q215||$1.30||$1.31||$33.99 million||$34.12 million||View||Listen|
|4/27/2015||Q115||$1.18||$1.50||$33.08 million||$33.24 million||View||N/A|
|2/3/2015||Q414||$1.15||$1.36||$33.52 million||$32.86 million||View||N/A|
|10/27/2014||Q3 2014||$1.09||$1.29||$29.98 million||$33.30 million||View||N/A|
|7/29/2014||Q214||$0.67||$1.18||$24.38 million||$30.06 million||View||N/A|
|4/28/2014||Q1 2014||$1.00||$1.14||$20.10 million||$23.87 million||View||N/A|
|2/3/2014||Q4||$1.02||$1.22||$21.17 million||$22.55 million||View||N/A|
|10/28/2013||Q3 2013||$1.13||$0.98||$23.00 million||View||N/A|
|7/29/2013||Q2 2013||$1.25||$1.09||$23.21 million||$23.15 million||View||N/A|
|4/29/2013||Q1 2013||$1.01||$18.49 million||$16.72 million||View||N/A|
|2/6/2013||Q4 2012||$1.01||$1.25||$17.71 million||$16.70 million||View||N/A|
Arlington Asset Investment (NYSE:AI) Earnings Estimates
2018 EPS Consensus Estimate: $1.48
2019 EPS Consensus Estimate: $1.48
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Arlington Asset Investment (NYSE:AI) Dividend Information
|Most Recent Dividend:||1/31/2018|
|Dividend Growth:||-12.40% (3 Year Average)|
|Payout Ratio:||392.86% (Trailing 12 Months of Earnings) |
149.66% (Based on This Year's Estimates)
152.78% (Based on Next Year's Estimates)
Arlington Asset Investment (NYSE:AI) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Arlington Asset Investment (NYSE AI) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 5.90%
Institutional Ownership Percentage: 41.05%
Arlington Asset Investment (NYSE AI) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|2/9/2018||Richard Ernst Konzmann||CFO||Buy||1,500||$10.65||$15,975.00|| |
|11/3/2017||J Rock Tonkel Jr||CEO||Buy||5,000||$11.00||$55,000.00||327,132|| |
|10/30/2017||Ralph S Michael III||Director||Buy||5,000||$11.66||$58,300.00||7,325|| |
|10/27/2017||Richard Ernst Konzmann||CFO||Buy||4,000||$11.34||$45,360.00||11,457|| |
|6/6/2016||Eric F Billings||Chairman||Buy||18,516||$13.58||$251,447.28||134,667|| |
|5/20/2016||J Rock Tonkel Jr||CEO||Buy||17,500||$12.37||$216,475.00||309,820|| |
|2/10/2016||Daniel E Berce||Director||Buy||10,000||$11.21||$112,100.00||15,000|| |
|12/17/2014||Eric F Billings||Chairman||Sell||143,066||$26.73||$3,824,154.18|| |
|12/16/2014||Eric F Billings||Chairman||Sell||26,772||$26.81||$717,757.32|| |
|12/15/2014||Eric F Billings||Chairman||Sell||194,743||$27.25||$5,306,746.75|| |
|5/16/2013||Peter A Gallagher||Director||Sell||1,395||$28.82||$40,203.90|| |
Arlington Asset Investment (NYSE AI) News Headlines
|Arlington Asset Investment Corp (AI) Files 10-K for the Fiscal Year Ended on December 31, 2017|
finance.yahoo.com - February 17 at 8:03 AM
|Arlington Asset Investment Corp. Declares Dividend on its Series B Preferred Stock for the First Quarter of 2018|
finance.yahoo.com - February 15 at 5:31 PM
|Insider Buying: Arlington Asset Investment Corp (AI) CFO Acquires 1,500 Shares of Stock|
www.americanbankingnews.com - February 13 at 6:46 PM
|Arlington Asset Investment Corp (AI) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - February 12 at 1:48 AM
|Arlington Asset Investment (AI) Price Target Cut to $12.00|
www.americanbankingnews.com - February 8 at 3:18 PM
|Arlington Asset Investment (AI) Issues Quarterly Earnings Results, Beats Expectations By $0.02 EPS|
www.americanbankingnews.com - February 7 at 9:22 AM
|Arlington Asset Investment posts 4Q profit|
finance.yahoo.com - February 7 at 7:49 AM
|Arlington Asset Investment Corp. Reports Fourth Quarter and Full Year 2017 Financial Results|
finance.yahoo.com - February 7 at 7:49 AM
|Should You Buy Arlington Asset Investment Corp (NYSE:AI) Now?|
finance.yahoo.com - February 6 at 3:32 PM
|Financial Survey: Garrison Capital (GARS) & Arlington Asset Investment (AI)|
www.americanbankingnews.com - February 4 at 1:20 PM
|Arlington Asset Investment Corp. to Report Fourth Quarter and Full Year 2017 Financial Results|
finance.yahoo.com - February 2 at 7:43 AM
|What to Expect From WisdomTree (WETF) in Q4 Earnings?|
finance.yahoo.com - February 1 at 3:32 PM
|16.5% Dividend On Book, Upgraded To Neutral, Still Material Risk - Seeking Alpha|
seekingalpha.com - January 31 at 7:58 AM
|Arlington Asset Investment (AI) to Release Earnings on Monday|
www.americanbankingnews.com - January 29 at 3:06 AM
|Stonegate Capital Partners Initiates Coverage on Arlington Asset Investment Corp. (NYSE: AI)|
finance.yahoo.com - January 26 at 7:46 AM
|Arlington Asset Investment Corp (AI) Receives Consensus Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - January 18 at 2:08 AM
|Arlington Asset Investment (AI) Upgraded to "Strong-Buy" by Zacks Investment Research|
www.americanbankingnews.com - January 15 at 5:50 PM
|Arlington Asset Investment Corp Expected to Post FY2017 Earnings of $0.61 Per Share (AI)|
www.americanbankingnews.com - January 15 at 3:02 AM
|Arlington Asset Investment Corp Forecasted to Post Q1 2019 Earnings of $0.36 Per Share (AI)|
www.americanbankingnews.com - January 12 at 9:10 PM
|Head-To-Head Analysis: BlackRock (BLK) & Arlington Asset Investment (AI)|
www.americanbankingnews.com - January 12 at 7:04 PM
|Reviewing State Street (STT) and Arlington Asset Investment (AI)|
www.americanbankingnews.com - January 6 at 5:02 AM
|Gamco Investors (GBL) vs. Arlington Asset Investment (AI) Critical Contrast|
www.americanbankingnews.com - January 6 at 3:08 AM
|Arlington Asset Investment Corp. breached its 50 day moving average in a Bearish Manner : AI-US : January 1, 2018|
finance.yahoo.com - January 1 at 10:25 AM
|Arlington Asset Investment Corp (AI) Ex-Dividend Date Scheduled for December 28, 2017 - Nasdaq|
www.nasdaq.com - December 28 at 3:17 PM
|Arlington Asset Investment Corp (AI) Receives Consensus Rating of "Hold" from Brokerages|
www.americanbankingnews.com - December 24 at 1:56 AM
|Arlington Asset Investment Corp (AI) to Issue $0.55 Quarterly Dividend|
www.americanbankingnews.com - December 15 at 6:08 PM
|Arlington Asset Investment Corp. Declares $0.55 per Common Share Dividend for the Fourth Quarter of 2017|
finance.yahoo.com - December 14 at 4:51 PM
|Arlington Asset Investment Corp. breached its 50 day moving average in a Bullish Manner : AI-US : December 8, 2017|
finance.yahoo.com - December 8 at 10:43 AM
|Arlington Asset Investment Corp. Declares Dividend on its Series B Preferred Stock for the Fourth Quarter of 2017|
finance.yahoo.com - December 1 at 5:51 PM
|Not So Baby 7% Yield From This Baby Bond - Seeking Alpha|
seekingalpha.com - November 26 at 3:27 PM
|Annaly Capital's BV, Valuation, And Dividend Compared To 18 mREIT Peers (Post Q3 2017 Earnings) - Part 1|
seekingalpha.com - November 14 at 4:09 PM
|Bank Of New York Mellon Corporation (The) (BK) vs. Arlington Asset Investment Corp (AI) Critical Review|
www.americanbankingnews.com - November 11 at 3:28 PM
|Arlington Asset Investment Corp (AI) CEO J Rock Tonkel, Jr. Acquires 5,000 Shares|
www.americanbankingnews.com - November 6 at 9:56 AM
|Arlington Asset Investment Corp (AI) Given Consensus Rating of "Hold" by Brokerages|
www.americanbankingnews.com - November 4 at 2:00 AM
|Arlington Asset Investment Corp (AI) Lifted to Hold at Zacks Investment Research|
www.americanbankingnews.com - November 2 at 5:10 PM
|Arlington Asset Investment Corp (AI) Director Buys $58,300.00 in Stock|
www.americanbankingnews.com - October 31 at 11:26 AM
|Arlington Asset Investment Corp (AI) CFO Richard Ernst Konzmann Buys 4,000 Shares|
www.americanbankingnews.com - October 30 at 11:25 AM
|Arlington Asset Investment Corp (AI) Receives "Hold" Rating from FBR & Co|
www.americanbankingnews.com - October 27 at 9:22 AM
|18% Dividend Yield Had A Dazzler Of A Quarter, Upgraded From A Sell To Neutral - Seeking Alpha|
seekingalpha.com - October 27 at 1:51 AM
|Arlington Asset's (AI) CEO Rock Tonkel, Jr. on Q3 2017 Results - Earnings Call Transcript|
www.msn.com - October 26 at 10:59 AM
|Arlington Asset Investment From The Perspective Of A Preferred And Note Investor - Seeking Alpha|
seekingalpha.com - October 25 at 9:45 PM
|Edited Transcript of AI earnings conference call or presentation 25-Oct-17 1:00pm GMT|
finance.yahoo.com - October 25 at 9:45 PM
|FY2018 EPS Estimates for Arlington Asset Investment Corp (AI) Cut by FBR & Co|
www.americanbankingnews.com - October 25 at 6:06 PM
|Arlington Asset Investment Corp. Reports Third Quarter 2017 Financial Results - PR Newswire (press release)|
www.prnewswire.com - October 25 at 4:38 PM
|Arlington Asset Investment Corp (AI) Downgraded to Sell at Zacks Investment Research|
www.americanbankingnews.com - October 25 at 4:14 PM
|Arlington Asset Investment Corp. Reports Third Quarter 2017 Financial Results|
finance.yahoo.com - October 24 at 9:42 PM
|Arlington Asset Investment posts 3Q profit|
finance.yahoo.com - October 24 at 9:42 PM
|Arlington Asset Investment Corp (AI) Posts Earnings Results, Misses Expectations By $0.07 EPS|
www.americanbankingnews.com - October 24 at 8:28 PM
|Arlington Asset Investment Corp. to Report Third Quarter 2017 Financial Results - PR Newswire (press release)|
www.prnewswire.com - October 20 at 2:22 AM
|1 Terrible Investment Offers 2 Good Investments|
seekingalpha.com - October 16 at 4:32 PM
Arlington Asset Investment (NYSE:AI) SEC Filings
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Arlington Asset Investment (NYSE:AI) Income Statement, Balance Sheet and Cash Flow Statement
Arlington Asset Investment (NYSE AI) Stock Chart for Sunday, February, 25, 2018