Owens Realty Mortgage, Inc., a real estate investment trust, focuses on the origination, investment, and management of commercial real estate loans primarily in the Western United States. The company invests in first, second, and third mortgage and deed of trust loans; wraparound and participating mortgage and deed of trust loans; construction mortgage and deed of trust loans on real property; and loans on leasehold interest mortgages and deeds of trust. Its loans are secured by mortgages or deeds of trust on unimproved, improved, income-producing, and non-income-producing real properties, such as condominium projects, apartment complexes, shopping centers, office buildings, and other commercial or industrial properties. As of December 31, 2017, the company held investments in 61 loans secured by liens on title and leasehold interests in real property in Northern California, Southern California, Arizona, Colorado, Hawaii, Illinois, Indiana, Michigan, Nevada, Ohio, Texas, Washington, and Wisconsin. It primarily serves small and middle-market investors and developers. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Owens Financial Group, Inc. serves as the manager of Owens Realty Mortgage, Inc. The company was founded in 1983 and is based in Walnut Creek, California.
Industry, Sector and Symbol
Industry REIT - Office
Sub-IndustryN/A
SectorReal Estate
Phone+1-925-9353840
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees2
OptionableNot Optionable
Owens Realty Mortgage (NYSEAMERICAN:ORM) Frequently Asked Questions
What is Owens Realty Mortgage's stock symbol?
Owens Realty Mortgage trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "ORM."
How often does Owens Realty Mortgage pay dividends? What is the dividend yield for Owens Realty Mortgage?
Owens Realty Mortgage announced a quarterly dividend on Wednesday, December 19th. Investors of record on Monday, December 31st will be given a dividend of $0.20 per share on Monday, January 14th. This represents a $0.80 annualized dividend and a yield of 3.90%. The ex-dividend date of this dividend is Friday, December 28th. View Owens Realty Mortgage's Dividend History.
How will Owens Realty Mortgage's stock buyback program work?
Owens Realty Mortgage declared that its Board of Directors has initiated a share repurchase plan on Wednesday, March 14th 2018, which allows the company to repurchase $10,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its stock is undervalued.
How were Owens Realty Mortgage's earnings last quarter?
Owens Realty Mortgage Inc (NYSEAMERICAN:ORM) announced its quarterly earnings results on Wednesday, November, 7th. The financial services provider reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.06. The financial services provider had revenue of $4.72 million for the quarter. View Owens Realty Mortgage's Earnings History.
When is Owens Realty Mortgage's next earnings date?
Has Owens Realty Mortgage been receiving favorable news coverage?
News stories about ORM stock have trended positive on Wednesday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Owens Realty Mortgage earned a coverage optimism score of 2.8 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the stock's share price in the near future.
Are investors shorting Owens Realty Mortgage?
Owens Realty Mortgage saw a increase in short interest in December. As of December 14th, there was short interest totalling 177,738 shares, an increase of 32.7% from the November 30th total of 133,942 shares. Based on an average daily volume of 49,665 shares, the short-interest ratio is currently 3.6 days. Currently, 2.2% of the company's shares are sold short. View Owens Realty Mortgage's Current Options Chain.
Who are some of Owens Realty Mortgage's key competitors?
Some companies that are related to Owens Realty Mortgage include 360 Capital Group (TGP), Allied Properties Real Estate Investment (APYRF), Allied Properties Real Estate Investment (AP.UN), alstria office REIT (AOX), Asia Pacific Data Centre Group (AJD), Australian Unity Office Fund (AOF), Befimmo (VJ6), Cromwell Group (CMW), Dream Global REIT (DUNDF), Dream Global REIT (DRG.UN), Dream Office Real Estate Investment Trst (D.UN), Empire State Realty OP LP Unit Series ES (ESBA), Franklin Street Properties (FSP), Franklin Street Properties (FSP) and Garda Diversified Property Fund (GDF).
Who are Owens Realty Mortgage's key executives?
Owens Realty Mortgage's management team includes the folowing people:
- Mr. Bryan Haven Draper, CEO, Pres & Director (Age 61)
- Ms. Melina A. Platt, CFO & Treasurer (Age 52)
- Mr. William P. Fiske, Investor Relation
- Mr. Daniel J. Worley, Sr. VP & Corp. Sec. (Age 48)
- Mr. Brian M. Haines, Sr. VP & Loan Officer of Owens Financial Group Inc (Age 41)
How do I buy shares of Owens Realty Mortgage?
Shares of ORM 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 Owens Realty Mortgage's stock price today?
One share of ORM stock can currently be purchased for approximately $20.53.
How big of a company is Owens Realty Mortgage?
Owens Realty Mortgage has a market capitalization of $174.16 million. Owens Realty Mortgage employs 2 workers across the globe.
What is Owens Realty Mortgage's official website?
How can I contact Owens Realty Mortgage?
Owens Realty Mortgage's mailing address is 2221 Olympic Blvd, WALNUT CREEK, CA 94595-1623, United States. The financial services provider can be reached via phone at +1-925-9353840.
MarketBeat Community Rating for Owens Realty Mortgage (NYSEAMERICAN ORM)
MarketBeat's community ratings are surveys of what our community members think about Owens Realty Mortgage and other stocks. Vote "Outperform" if you believe ORM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ORM will underperform the S&P 500 over the long term. You may vote once every thirty days.
