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JAVELIN Mortgage Investment Corp. Announces Pricing of Public Offering of 6,000,000 Shares of Common Stock

GlobeNewswire (May 8, 2013)
JAVELIN Mortgage Investment Corp. Announces Public Offering of 6,000,000 Shares of Common Stock

GlobeNewswire (May 7, 2013)
JAVELIN Mortgage Investment Corp. Reports 15.5% Annualized ROE From Taxable REIT Income for the Quarter Ended March 31, 2013

GlobeNewswire (May 6, 2013)
Top MoPay Dividend Dogs Seek 14.8% To 89.6% Net Gains In April
Fredrik Arnold • Wed, Apr 24 • 29 Comments
JAVELIN Mortgage Investment Corp. Reports 15.8% Annualized ROE From Taxable REIT Income for Initial Operating Period

GlobeNewswire (Mar 21, 2013)
JAVELIN Mortgage Investment Corp. Announces Q2 2013 Monthly Dividend Rate of $0.23 Per Share

GlobeNewswire (Mar 19, 2013)
Top Monthly Pay Dividend Dogs For March
Fredrik Arnold • Sun, Mar 17 • 41 Comments
Monthly Pay Dividend Dogs: February Stocks Vs. Funds And Trusts
Fredrik Arnold • Sun, Feb 10 • 58 Comments
Monthly Pay Dividend Dogs: January Stocks Vs. Funds And Trusts
Fredrik Arnold • Fri, Jan 18 • 52 Comments
5 Hybrid Mortgage REITs Yielding 10% For 2013
CorvetteKid • Wed, Jan 9 • 66 Comments
Monthly Pay Dividend Dogs: December Stocks Vs. Funds And Trusts
Fredrik Arnold • Sat, Dec 22, 2012 • 49 Comments
JAVELIN Mortgage Investment Corp. Announces Q1 2013 Monthly Dividend Rate of $0.23 Per Share

GlobeNewswire (Dec 17, 2012)
JAVELIN Mortgage Investment Corp. Announces November and December 2012 Monthly Dividend Rate of $0.23 Per Share

GlobeNewswire (Nov 7, 2012)
Cramer's Mad Money - What Makes An IPO Successful? (10/15/12)
SA Editor Miriam Metzinger • Tue, Oct 16, 2012 • 6 Comments
5 Stocks With Insider Buys Filed On October 9 To Consider
Markus Aarnio • Wed, Oct 10, 2012 • 6 Comments
Active Week For IPOs Marred By Lackluster Trading
Renaissance Capital IPO Research • Sun, Oct 7, 2012
As Javelin Debuts, Armour Takes A Page From The Team At Annaly Capital
Matt Schilling • Thu, Oct 4, 2012 • 9 Comments
IPO Preview: Javelin Mortgage Investment
IPOdesktop • Tue, Oct 2, 2012 • 4 Comments
8 IPOs Scheduled For The Week Of October 1
IPOdesktop • Tue, Oct 2, 2012
8 U.S. IPOs Planned For The Week Of October 1
Renaissance Capital IPO Research • Mon, Oct 1, 2012 • 1 Comment

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As Javelin Debuts, Armour Takes A Page From The Team At Annaly Capital
Matt Schilling • Thu, Oct 4, 2012 • 9 Comments
IPO Preview: Javelin Mortgage Investment
IPOdesktop • Tue, Oct 2, 2012 • 4 Comments

Top MoPay Dividend Dogs Seek 14.8% To 89.6% Net Gains In April
Fredrik Arnold • Wed, Apr 24 • 29 Comments
Top Monthly Pay Dividend Dogs For March
Fredrik Arnold • Sun, Mar 17 • 41 Comments
Monthly Pay Dividend Dogs: February Stocks Vs. Funds And Trusts
Fredrik Arnold • Sun, Feb 10 • 58 Comments
Monthly Pay Dividend Dogs: January Stocks Vs. Funds And Trusts
Fredrik Arnold • Fri, Jan 18 • 52 Comments
5 Hybrid Mortgage REITs Yielding 10% For 2013
CorvetteKid • Wed, Jan 9 • 66 Comments
Monthly Pay Dividend Dogs: December Stocks Vs. Funds And Trusts
Fredrik Arnold • Sat, Dec 22, 2012 • 49 Comments
Cramer's Mad Money - What Makes An IPO Successful? (10/15/12)
SA Editor Miriam Metzinger • Tue, Oct 16, 2012 • 6 Comments
5 Stocks With Insider Buys Filed On October 9 To Consider
Markus Aarnio • Wed, Oct 10, 2012 • 6 Comments
Active Week For IPOs Marred By Lackluster Trading
Renaissance Capital IPO Research • Sun, Oct 7, 2012
8 IPOs Scheduled For The Week Of October 1
IPOdesktop • Tue, Oct 2, 2012
8 U.S. IPOs Planned For The Week Of October 1
Renaissance Capital IPO Research • Mon, Oct 1, 2012 • 1 Comment

There are no Transcripts on JMI.

JAVELIN Mortgage Investment Corp. Announces Pricing of Public Offering of 6,000,000 Shares of Common Stock

GlobeNewswire (May 8, 2013)
JAVELIN Mortgage Investment Corp. Announces Public Offering of 6,000,000 Shares of Common Stock

GlobeNewswire (May 7, 2013)
JAVELIN Mortgage Investment Corp. Reports 15.5% Annualized ROE From Taxable REIT Income for the Quarter Ended March 31, 2013

GlobeNewswire (May 6, 2013)
JAVELIN Mortgage Investment Corp. Reports 15.8% Annualized ROE From Taxable REIT Income for Initial Operating Period

GlobeNewswire (Mar 21, 2013)
JAVELIN Mortgage Investment Corp. Announces Q2 2013 Monthly Dividend Rate of $0.23 Per Share

GlobeNewswire (Mar 19, 2013)
JAVELIN Mortgage Investment Corp. Announces Q1 2013 Monthly Dividend Rate of $0.23 Per Share

GlobeNewswire (Dec 17, 2012)
JAVELIN Mortgage Investment Corp. Announces November and December 2012 Monthly Dividend Rate of $0.23 Per Share

GlobeNewswire (Nov 7, 2012)

JMI vs. ETF Alternatives

Company Description

JMI is a newly-organized Maryland corporation formed to invest in and manage a leveraged portfolio of agency mortgage-backed securities, non-agency mortgage-backed securities and other mortgage-related investments. More

Sector: Financial

Industry: Mortgage Investment

Country: United States

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

Tuesday, May 7, 4:43 PM Javelin Mortgage (JMI) announces a whopper of a secondary - 6M shares (with underwriters granted an option for another 900K) against a current float of 7.5M. The company last night reported March 31 book value of $18.40/share against today's closing stock price of $19.98. Shares -3.6% AH. (PR) 1 Comment [Financials, On the Move]
Monday, May 6, 9:00 PM Javelin Mortgage (JMI): Q1 taxable REIT EPS of $0.77 vs. $0.73 in Q4. Book value/share of $18.40 vs. $19.74 on Dec. 31 and current price of $20.03. Net interest margin of 1.96%, down 40 bps from Q4, with average yield on assets down 21 bps and funding costs up 19. Agency portfolio of $1.1B, non-agency of $136.8M. (PR) Comment! [Earnings, Financials]
Thursday, April 18, 11:17 PM Mortgage REITs (MORT) catch the eye of D.C., with the Financial Stability Oversight Council reportedly set to cite the industry as a potential source of market vulnerability. The companies have seen assets quadruple to over $400B since 2009, but Annaly (NLY) CEO Wellington Denahan notes their capital bases have risen as well. A Two Harbors (TWO) presentation (page 8) shows mREITs are relatively small players in the MBS market. Maybe the Fed and the GSEs just don't like the competition. Annaly and American Capital (AGNC) are the 2 biggest mREITs, with Two Harbors a distant 3rd. 42 Comments [Financials]
Friday, April 5, 10:10 AM Outperforming today (and one wonders why they aren't green) are the mortgage REITs, as the weak jobs number sends bond yields lower, and - presumably - their book values higher. NLY -0.6%, AGNC -0.8%, ARR -0.5%. CIM, CYS, and JMI just poke into positive territory. MORT -0.9%. 10 Comments [Financials]
Wednesday, April 3, 6:57 AM Javelin Mortgage (JMI) files a shelf registration for an offering of up to $143.75M of stock, 7.1875M shares at yesterday's closing price. It's likely the $143.75M figure was just used for registration fee purposes as a sale of this size would double the company's capitalization. (S-11) Comment! [Financials]
Thursday, March 21, 4:55 PM Javelin Mortgage (JMI): Q4 EPS of $0.73 against dividends of just $0.46. Since earnings were so much higher than dividends, company accrued an excise tax expense of $46K. Book value of $19.74/share as of Dec. 31 vs. current price $19.39. Non-agency portfolio of $130M. Agency portfolio of $1.1B. Shares +0.5% AH. (PR) Comment! [Financials, Earnings]
Tuesday, March 19, 8:35 AM JAVELIN Mortgage Investment Corp. (JMI) declares dividend of $0.23/share for the month of Apr., May and June. Forward yield 14.35%. (PR) Comment! [Dividends]
Tuesday, March 19, 8:08 AM There's no dividend cut at Javelin Mortgage (JMI) which announces a monthly payout of $0.23 in Q2. The hybrid mREIT managed by Armour Residential (ARR) is about flat since its September IPO, and has paid out dividends at a better than 14% annualized rate. (PR) 1 Comment [Financials]
Tuesday, February 12, 4:57 PM Javelin Mortgage (JMI) files a shelf registration for the sale of 250K shares (about 3.3% of the float) by a certain stakeholder. (S-11) Comment! [Financials]
Monday, December 17, 2012, 4:47 PM Javelin Mortgage Investment (JMI) declares $0.23/share monthly dividend, in line with previous. Forward yield 14.89%. (PR) Comment! [Dividends]
Monday, December 17, 2012, 4:28 PM Javelin Mortgage (JMI) declares monthly dividends of $0.23 for each of the next 3 months, the same as the firm's first two months of payouts. The annualized yield remains 14.9%. Javelin is a hybrid mREIT managed by the pure-agency Armour Residential (ARR). The stock is off 5.4% since its October IPO. (PR) Comment! [Financials]
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, 11:16 AM Turning to non-agency MBS (webcast), JPMorgan gets even more bullish. Key is their expectation of 3-5% growth in home prices (with upside potential) in 2013. While the paper is likely to retain some correlation with risk on/risk off, the fundamentals of improving housing - rising prices, declining distressed sales, declining shadow inventory - will be of growing importance. (previous on MBS) Comment! [U.S. Economy, 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]
Sunday, November 18, 2012, 8:30 AM Amidst a letter making you want to decamp to the bomb shelter, Kyle Bass renews his bullish call on housing, specifically non-agency MBS. The refinancing boom has not spread to Alt-A and Subprime loans, and rates remain high while credit trends sharply improve - a sweet situation for owners of the paper. Mortgage REITs with non-agency exposure include: NCT, IVR, MFA, EFC, CIM, DX. 9 Comments [Financials, Quick Ideas]
Thursday, November 15, 2012, 10:28 AM Recently gone-public Javelin Mortgage (JMI) provides its initial company update, showing a heavy titt to Agency MBS - $1.2B, as opposed to $131M for non-Agency. Leverage is 7.6x capital vs. a target of 7.5. Consistent with the business plan, the non-Agency paper - purchased at 81.7% of par - is non-hedged. (PR) Comment! [Financials]

JMI Javelin Mortgage Investment

JMI

Javelin Mortgage Investment