Is ANH a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

1,699 people get ANH articles and Market Currents by email alert.

Get email alerts on ANH »

HEADLINES:

10 Top Real Estate Dogs Run Down 14.3% To 24.4% Gains In April
Fredrik Arnold • Mon, May 13 • 6 Comments
10 Top Financial Dogs Track 7.5% To 22% Gains In April
Fredrik Arnold • Sat, May 4 • 19 Comments
Anworth Mortgage Asset's CEO Discusses Q1 2013 Results - Earnings Call Transcript
Tue, Apr 30
Anworth Announces First Quarter 2013 Financial Results

Business Wire (Apr 29, 2013)
Anworth Schedules First Quarter 2013 Earnings Release and Conference Call

Business Wire (Apr 26, 2013)
How To Reduce (Or Eliminate) Taxes On Annaly's Dividends
Doug Carey • Thu, Apr 25 • 32 Comments
Anworth Announces Preferred Dividends

Business Wire (Apr 19, 2013)
Top Performing 15.6% Dividend Payer American Capital Agency Is A Good Safe Haven Choice
David White • Wed, Apr 17 • 97 Comments
Anworth Announces Increase to Series B Preferred Stock Conversion Rate

Business Wire (Apr 8, 2013)
8 Prime Real Estate Dogs Fetch 10% To 22% Gains In March
Fredrik Arnold • Mon, Apr 1 • 3 Comments
Anworth Declares a $0.15 Per Share First Quarter 2013 Common Dividend

Business Wire (Mar 28, 2013)
Top 6 March Financial Dogs Point Out 8% To 17% Gains
Fredrik Arnold • Thu, Mar 21 • 12 Comments
Dwindling Cash And Risky Bets - New York Mortgage Trust May Roll Craps
Stock Skeptic • Sun, Mar 17 • 67 Comments
Conditional Prepayment Rate And mREITs
Dividend Living • Wed, Mar 13 • 17 Comments
2 mREITs Yielding Above 10%
IAEResearch • Tue, Mar 12 • 1 Comment
Double-Digit Yields. Be Sure You Get The mREIT Facts Before You Leap
Richard Berger • Thu, Mar 7 • 95 Comments
Tax Bomb: Mortgage REITs Triggering UBIT
The Chestnut • Thu, Mar 7 • 62 Comments
Desperately Seeking Yield Through Equities Redux: Part 2: Agency Mortgage REITs
Philip Mause • Tue, Mar 5 • 9 Comments
Reduce Or Eliminate Taxes On American Capital Agency, Other REITS
Doug Carey • Wed, Feb 27 • 22 Comments
Anworth Mortgage Asset Management Discusses Q4 2012 Results - Earnings Call Transcript
Fri, Feb 8

To learn more about Seeking Alpha Pro, click here.

Despite QE3, Anworth Mortgage's 10% Dividend Yield Is Safe
Qineqt • Wed, Oct 31, 2012
Buy Anworth: 11% Dividend Yield, Cheap Valuations And Low Beta
Qineqt • Wed, Aug 1, 2012 • 1 Comment
Anworth Is Best mREIT Value As A 12.6% Yield Small Cap
Todd Johnson • Tue, May 1, 2012 • 60 Comments
Mortgage REITs Offer Value to Yield-Hungry Investors
StreetAuthority • Wed, Jul 6, 2011
Analyzing Anworth Mortgage Asset Corp. Through Different Interest Rate Cycles
Parsimony Investment Research • Sun, Jun 26, 2011
Bulls Cautious on Anworth Mortgage
optionMONSTER • Tue, Feb 8, 2011 • 1 Comment
JMP's Upgrade of Anworth is Right On the Money
Patrick Harden • Wed, Oct 24, 2007
JPM's Anworth Mortgage Upgrade Completely Unfounded
Thomas Kelly • Mon, Oct 22, 2007

10 Top Real Estate Dogs Run Down 14.3% To 24.4% Gains In April
Fredrik Arnold • Mon, May 13 • 6 Comments
10 Top Financial Dogs Track 7.5% To 22% Gains In April
Fredrik Arnold • Sat, May 4 • 19 Comments
How To Reduce (Or Eliminate) Taxes On Annaly's Dividends
Doug Carey • Thu, Apr 25 • 32 Comments
Top Performing 15.6% Dividend Payer American Capital Agency Is A Good Safe Haven Choice
David White • Wed, Apr 17 • 97 Comments
8 Prime Real Estate Dogs Fetch 10% To 22% Gains In March
Fredrik Arnold • Mon, Apr 1 • 3 Comments
Top 6 March Financial Dogs Point Out 8% To 17% Gains
Fredrik Arnold • Thu, Mar 21 • 12 Comments
Dwindling Cash And Risky Bets - New York Mortgage Trust May Roll Craps
Stock Skeptic • Sun, Mar 17 • 67 Comments
Conditional Prepayment Rate And mREITs
Dividend Living • Wed, Mar 13 • 17 Comments
2 mREITs Yielding Above 10%
IAEResearch • Tue, Mar 12 • 1 Comment
Double-Digit Yields. Be Sure You Get The mREIT Facts Before You Leap
Richard Berger • Thu, Mar 7 • 95 Comments
Tax Bomb: Mortgage REITs Triggering UBIT
The Chestnut • Thu, Mar 7 • 62 Comments
Desperately Seeking Yield Through Equities Redux: Part 2: Agency Mortgage REITs
Philip Mause • Tue, Mar 5 • 9 Comments
Reduce Or Eliminate Taxes On American Capital Agency, Other REITS
Doug Carey • Wed, Feb 27 • 22 Comments
New York Mortgage Trust: A Hedge In The REIT Space And 17% Yield To Boot
The Banker • Fri, Jan 18 • 22 Comments
With More QE3 Spending On The Horizon, Mortgage REITs Are Given Few Options
Matt Schilling • Wed, Dec 12, 2012 • 11 Comments
5 Reasons To Stick With Mortgage REITs
CorvetteKid • Thu, Dec 6, 2012 • 68 Comments
Fungible Risk Strata Of REIT Preferreds Afford Optimization
Dane Bowler • Fri, Nov 23, 2012 • 9 Comments
Very Mixed Q3 Results From American Capital Agency - Expect A Dividend Reduction Soon
Tim Plaehn • Tue, Oct 30, 2012 • 26 Comments
QE Forever Gives Non-Agency mREITs A Competitive Advantage Over Their Peers
Dane Bowler • Thu, Oct 18, 2012 • 11 Comments
Comparing Mortgage REITs: The Winners And The Risks - Part 2
Portfolio Management 101 • Mon, Oct 15, 2012 • 20 Comments

Anworth Mortgage Asset's CEO Discusses Q1 2013 Results - Earnings Call Transcript
Tue, Apr 30
Anworth Mortgage Asset Management Discusses Q4 2012 Results - Earnings Call Transcript
Fri, Feb 8
Anworth Mortgage Asset Management Discusses Q3 2012 Results - Earnings Call Transcript
Fri, Oct 26, 2012 • 1 Comment
Anworth Mortgage Asset's CEO Discusses Q2 2012 Results - Earnings Call Transcript
Fri, Jul 27, 2012
Anworth Mortgage Asset Corporation Q3 2008 Earnings Call Transcript
Mon, Dec 1, 2008
Anworth Mortgage F2Q08 (Qtr End 6/30/08) Earnings Call Transcript
Mon, Sep 22, 2008
Anworth Mortgage Asset Corporation Q1 2008 Earnings Call Transcript
Wed, May 7, 2008
Anworth Mortgage Asset Corporation Q4 2007 Earnings Call Transcript
Mon, Apr 7, 2008

Anworth Announces First Quarter 2013 Financial Results

Business Wire (Apr 29, 2013)
Anworth Schedules First Quarter 2013 Earnings Release and Conference Call

Business Wire (Apr 26, 2013)
Anworth Announces Preferred Dividends

Business Wire (Apr 19, 2013)
Anworth Announces Increase to Series B Preferred Stock Conversion Rate

Business Wire (Apr 8, 2013)
Anworth Declares a $0.15 Per Share First Quarter 2013 Common Dividend

Business Wire (Mar 28, 2013)
Anworth Announces Fourth Quarter 2012 Financial Results

Business Wire (Feb 7, 2013)
Anworth Schedules Fourth Quarter 2012 Earnings Release and Conference Call

Business Wire (Feb 6, 2013)
Anworth Mortgage Asset Corporation Announces Dividend Tax Information for 2012

Business Wire (Jan 25, 2013)
CORRECTING and REPLACING Anworth Announces Preferred Dividends

Business Wire (Jan 18, 2013)
Anworth Announces Increase to Series B Preferred Stock Conversion Rate

Business Wire (Dec 28, 2012)
Anworth Declares a $0.15 Per Share Fourth Quarter 2012 Common Dividend

Business Wire (Dec 14, 2012)
Anworth Announces Third Quarter 2012 Financial Results

Business Wire (Oct 25, 2012)
Anworth Schedules Third Quarter 2012 Earnings Release and Conference Call

Business Wire (Oct 24, 2012)
Anworth Announces Preferred Dividends

Business Wire (Oct 15, 2012)
Anworth Announces Increase to Series B Preferred Stock Conversion Rate

Business Wire (Oct 8, 2012)
Anworth Declares a $0.15 Per Share Third Quarter 2012 Common Dividend

Business Wire (Sep 28, 2012)
Anworth Announces Second Quarter 2012 Financial Results

Business Wire (Jul 26, 2012)
Anworth Schedules Second Quarter 2012 Earnings Release and Conference Call

Business Wire (Jul 25, 2012)
Anworth Announces Preferred Dividends

Business Wire (Jul 20, 2012)
Anworth Announces Increase to Series B Preferred Stock Conversion Rate

Business Wire (Jul 9, 2012)

ANH vs. ETF Alternatives

Company Description

We were formed in October 1997 and commenced operations on March 17, 1998. We are in the business of investing primarily in United States, or U.S., agency mortgage-backed securities, or MBS, which are obligations guaranteed by the U.S. government, such as Ginnie Mae, or federally sponsored... More

Sector: Financial

Industry: REIT - Diversified

Country: United States

All
| Earnings
| Dividends
| M&A
| On the move

Monday, May 6, 9:50 AM More sell-side on the mREITS (MORT): Maxim keeps a Buy with $33 PT on AGNC expecting the annual dividend to be maintained at $5/share thanks to $1.08 of undistributed taxable income in the kitty (KBW agrees). Jefferies is cautious, calling AGNC's Q1 tale an example of how even a well-run mREIT can run afoul. "Price and extension risk inherent in agency MBS (NLY, HTS, CYS, CMO, ANH, ARR, WMC) today are risks most investors underestimate." 10 Comments [Financials]
Monday, April 29, 4:30 PM More on Anworth Mortgage (ANH) Q1 earnings: Book value/share of $7.04 vs. $7.14 on Dec. 31. Net interest rate spread slides 5 bps to 0.89% while leverage is roughly level at 7.12x - yet earnings remained flat at $0.15/share. Conference call tomorrow at 1 ET. (PR) Comment! [Financials, Earnings]
Monday, April 29, 4:10 PM Anworth Mortgage (ANH): Q1 EPS of $0.15 beats by $0.02. (PR) Comment! [Earnings, Breaking News, Financials]
Monday, April 29, 12:10 AM Notable earnings after Monday’s close: ANAD, ANH, BWLD, CBL, CRK, CSE, CYH, DTLK, ESRX, GGP, HIG, HLF, HTZ, IDTI, JEC, MAS, MSTR, NEM, PCL, QGEN, RGR, RJET, RVBD, SBAC, SSW, SU, TXRH, VECO 1 Comment [Earnings]
Sunday, April 28, 5:35 PM Notable earnings after Monday’s close: ANAD, ANH, BWLD, CBL, CRK, CSE, CYH, DTLK, ESRX, GGP, HIG, HLF, HTZ, IDTI, JEC, MAS, MSTR, NEM, PCL, QGEN, RGR, RJET, RVBD, SBAC, SSW, SU, TXRH, VECO 1 Comment [Earnings]
Tuesday, April 2, 9:06 AM Anworth Mortgage (ANH) gains 0.5% premarket as Pine River Capital Management discloses a 6.4% stake in the company. 1 Comment [Financials]
Thursday, March 28, 6:03 PM Anworth Mortgage Asset (ANH) declares $0.15/share quarterly dividend, in line with prior. Forward yield 9.48%. For shareholders of record Apr. 08. Payable Apr. 29. Ex-div date Apr. 04. (PR) Comment! [Dividends]
Wednesday, March 20, 4:14 PM Anworth Mortgage (ANH) files a shelf registration for up to $545M of common and/or preferred stock and warrants. (S-3). Shares -0.5% AH. Comment! [Financials]
Friday, February 8, 7:14 AM More on Anworth Mortgage (ANH) Q4 earnings: Book value/share of $7.14 down 4.2% from Q3. Net interest margin for the agency-only player shrinks to 94 bps - about the slimmest we've seen for mREITs - from 109. Leverage rises to 7.13X from 6.82. Shares -1% premarket. Conference call at 10 AM ET. (PR) Comment! [Financials]
Thursday, February 7, 4:17 PM Anworth Mortgage (ANH): Q4 Core EPS of $0.15 beats by $0.01. Book value share of $7.14 vs. $7.45 in Q3. (PR) Comment! [Earnings, Financials, Breaking News]
Friday, December 14, 2012, 4:24 PM There's no dividend cut either (see AGNC earlier) for Anworth Mortgage (ANH), which maintains its payout at $0.15/share. Anworth is a pure agency mREIT, and with sharply falling net interest margins, it seems the only way to maintain the dividend would be to add in capital gains from MBS sales. If spreads don't improve, one might expect a cut in future quarters. (PR) Comment! [Financials]
Friday, December 14, 2012, 4:18 PM Anworth Mortgage Asset Corporation (ANH) declares $0.15/share quarterly dividend, in line with previous. For shareholders of record Dec. 28. Payable Jan. 29. Ex-div date Dec. 26. (PR) Comment! [Dividends]
Tuesday, December 4, 2012, 10:04 AM Leveraging a bond yielding 1.5%-2% by 8X is not a great business, writes David Schawel, remaining bearish on pure-agency mREITs. Dividends - and share prices along with them - will be cut more than expected next year. How about non-agency? Maybe too popular, he says. "Every hedge fund is suddenly an expert." (other ideas instead: I, II) 22 Comments [Financials]
Tuesday, November 27, 2012, 10:35 AM More from JPMorgan on MBS: The mREITs will continue to purchase agency MBS even with the Fed dominating the market, says Matthew Jozoff, noting the firms weren't sellers even during the financial crisis. With their stock prices already below book value (pg. 14), the main threat to mREITs would be a termination of repo funding or a massive MBS sell-off - neither very likely according to Jozoff's team. 15 Comments [Financials]
Wednesday, November 14, 2012, 2:30 PM A double-take is necessary to believe some of the handles in the mREIT sector, undergoing another savage selloff as the Fed hints at even more QE. The pure-agency REITs - in direct competition with the Fed for paper - are hit hardest. AGNC -3.4%, ARR -8.1%, CMO -4.9%, WMC -7.1%, to name a few. 53 Comments [Financials]
Wednesday, November 7, 2012, 9:40 AM It's a jittery mortgage REIT sector as last night's election assures the Fed will continue to strangle the leveraged operators' net interest margins. Annaly (NLY -2.8%) - the purest of the pure-play agency REITs - still reeling from Monday's poor earnings, leads to the downside. AGNC -2%, TWO -2.3%, HTS -2.1%. 27 Comments [Financials, On the Move]

samibadri
What happened to REITs? It's been quiet. $ARR $AGNC $ACAS $TWO $MFA $ANH
Apr 30, 1:59 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Danny2
$ANH
11/29/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Albert Alfonso
ANH book vaule is $7.45, 18% discount
10/25/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ZetaKap
7 Buy-Rated Financials With Very Low Levels Of Debt http://bit.ly/Oac9vy $ANH $BKU $FRC $FUBC $HFWA $SBX $TROW @ZetaKap
8/24/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Saibus Research
mREIT Dividend Sustainability: A Company That Stands Above The Rest http://seekingalpha.com/a/f6jv $AGNC, $ANH, $HTS, $NLY
7/9/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Patrick Harden
Anworth (ANH) cuts dividend by 14%. Performance is really lagging other agency mREITs.
6/29/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ZetaKap
3 REITs Sporting Very High Yields Along With Low Valuations http://bit.ly/LBF6Aq $ANH $CMO $MFA @ZetaKap
6/8/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ZetaKap
6 Dividend Stocks With 10%+ Yields Backed By High Profits And Analyst Confidence http://bit.ly/MbFPZ2 $AGNC $ANH $ARI $BBEP $CMO $DX
6/4/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ZetaKap
9 Undervalued High Yield Small Caps Favored By Analysts http://bit.ly/KMXu7T $ANH $AYR $BLC $BOX $CMO $DX $HTGC $KFN $MSB @ZetaKap
5/31/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ZetaKap
9 Discounted Small Caps With High Yields And Great Analyst Ratings http://bit.ly/KMXqoH $ANH $AYR $BLC $BOX $CMO $DX $HTGC $KFN $MSB
5/31/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

LATEST REPLIES

Dividend Sheet
Best Yielding Diversified REITs: http://bit.ly/tuKUAJ + $CIM $MFA $NLY $ANH $CWH $STWD $CLNY $RWT $IRETP $FUR $BDN $GTY $EXL $LXP $NNN $FPO
10/28/11
Reply (3)

• !Report Abuse
View all 3 replies
Scott Molinaroli: well. performs well.
2/6/12
• !Report Abuse
madav1138: it do.
2/6/12
• !Report Abuse
Add a reply...

140 characters

SlingWing9
Breakouts - ANH, NLY, CMO, XLP, XLV, XLU. Expect test of new support. What to do about ORCL?
12/22/11
Reply (1)

• !Report Abuse
View all 1 replies
madav1138: I am so glad I didn't jump on NLY at $18, my cost basis has reduced down to 16.99 and with my DRIP, it will go down further for good returns
12/22/11
• !Report Abuse
Add a reply...

140 characters

Patrick Harden
ANH trims dividend, continuing the trend set by CYS, CMO, and HTS. Expect NLY's dividend to be cut too, leaving AGNC as the sector star.
12/15/11
Reply (4)

• !Report Abuse
View all 4 replies
Brandon Gibbs: and NLY does not? i would say both have extremely solid management teams
12/16/11
• !Report Abuse
jmodrkrk: more leverage.
12/16/11
• !Report Abuse
Add a reply...

140 characters

madav1138
Like I was saying, REITs are good for the next 2 years, Fed can't do anything ANH, AGNC, NLY, REM, re-fi plan DOA and low rates garunteed
10/24/11
Reply (4)

• !Report Abuse
View all 4 replies
Ocean Man: New foreclosures hitting the market is what's keeping prices down - too much supply. This is huge for increasing home values.
10/24/11
• !Report Abuse
madav1138: Yes, it needs to run its course, all the government is doing is letting it die an agonizing slow death.
10/24/11
• !Report Abuse
Add a reply...

140 characters

madav1138
ANH, is the .02 cent divy cut priced in at a $1 discount to what it was trading at last quarter?
10/23/11
Reply (5)

• !Report Abuse
View all 5 replies
madav1138: Still, nothing has affect the MReits too much, and the re-fi plan has been tried 4 times already
10/24/11
• !Report Abuse
madav1138: Told ya...
10/24/11
• !Report Abuse
Add a reply...

140 characters

Adam Breit
With Fed committed to low for long rates, select mortgage REITs should be a winning play - AI, AGNC and ANH look attractive.
10/16/11
Reply (1)

• !Report Abuse
View all 1 replies
airlift123: Ya as long as your hedged. When the volume spikes your screwed!
10/18/11
• !Report Abuse
Add a reply...

140 characters

ANH Anworth Mortgage Asset Corporation

ANH

Anworth Mortgage Asset Corporation