Seeking Alpha

Hatteras book value declines 3.9% in Q3

  • Net income of $0.44 in Q3. Dividend was $0.55.
  • Book value of $21.31 per share is off 3.9% from the end of Q2. Today's close of $19.01 is a 10.8% discount.
  • Like fellow ARM player Capstead Mortgage, CPR rate is elevated at 19.7% for Q3; company says October's  CPR has declined to 14.1%.
  • Net interest spread of 0.86% is off 7 basis points from Q2.
  • Conference call tomorrow at 10 ET.
  • Q3 results, press release.
  • HTS -1.4% AH.

Check out Seeking Alpha’s new Earnings Center »

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs