Welcome to our dedicated page for Arlington Asset Investment news (Ticker: AAIC), a resource for investors and traders seeking the latest updates and insights on Arlington Asset Investment stock.
Arlington Asset Investment Corp. (NYSE: AAIC) is a principal investment firm specializing in acquiring and holding a leveraged portfolio of residential mortgage-backed securities (MBS). These MBS include agency MBS, guaranteed by U.S. government agencies or government-sponsored enterprises such as Fannie Mae or Freddie Mac, and private-label MBS that are not guaranteed by any government entity.
The company leverages its investment portfolio to enhance potential returns for shareholders, funding these investments primarily through short-term financing arrangements like repurchase agreements. Arlington Asset also engages in various hedging transactions to mitigate the interest rate sensitivity of its borrowing costs and the value of its MBS portfolio.
Headquartered in the Washington, D.C. metropolitan area, Arlington Asset operates primarily in the mortgage and residential real estate sectors. The company has elected to be taxed as a Real Estate Investment Trust (REIT), focusing on generating long-term returns for its shareholders.
Recent achievements include consistent positive economic returns over challenging market conditions and the successful completion of significant transactions like the sale of single-family residential properties. The company has also repurchased a notable portion of its outstanding shares, delivering substantial value to its shareholders.
In May 2023, Arlington Asset announced a definitive merger agreement with Ellington Financial Inc. (NYSE: EFC). This merger is expected to provide increased scale, enhanced access to capital markets, and drive earnings accretion and sustained long-term growth.
Arlington Asset's investment portfolio as of June 30, 2023, includes MSR financing receivables, credit investments, and agency MBS, with a total invested capital allocation of $298.7 million and an 'at risk' leverage ratio of 0.5 to 1. The company's current focus is on preserving capital, managing liquidity, and capitalizing on new opportunities in the evolving market conditions.
Arlington Asset Investment Corp. (NYSE: AAIC) reported net income of $3.1 million, or $0.10 per diluted share, for Q4 2021, with non-GAAP core operating income at $0.5 million, or $0.02 per share. The company achieved a 3.2% increase in book value per common share to $6.16, aided by a stock buyback of 3.8%. For 2021, the net loss per diluted share was $0.38. Arlington launched new investment channels in mortgage servicing rights and single-family rentals, with an initial $61 million in property purchases. The current leverage ratio stands at 1.5 to 1, reflecting strong liquidity.
Arlington Asset Investment Corp. (AAIC) will release its fourth quarter and full year financial results for 2021 on March 2, 2022. The earnings report will be available after market close, with a conference call scheduled for March 3, 2022, at 10:00 A.M. Eastern Time to discuss the results. Investors can listen to the call via the company's website, with replays available for 60 days thereafter. Arlington primarily invests in mortgage-related assets and is headquartered in the Washington, D.C. metropolitan area.
Arlington Asset Investment Corp. (NYSE: AAIC) has announced a quarterly dividend of $0.4375 per share for its 7.00% Series B Preferred Stock (AAIC PrB) and $0.515625 per share for its 8.250% Series C Preferred Stock (AAIC PrC) for Q1 2022. These dividends will be payable on March 30, 2022, to shareholders recorded by March 1, 2022. The tax characterization of the distributions will be provided on Form 1099-DIV post-year-end. Arlington primarily invests in mortgage-related assets and has opted to be taxed as a REIT.
Arlington Asset Investment Corp. (NYSE: AAIC) announced a quarterly dividend of $0.4375 for its 7.00% Series B Preferred Stock (AAIC PrB) and $0.515625 for its 8.250% Series C Preferred Stock (AAIC PrC) for Q4 2021. Both dividends are payable on December 30, 2021 to shareholders of record as of December 21, 2021. The tax characterization will be reported via Form 1099-DIV after the calendar year end.
Arlington Asset Investment Corp. (NYSE: AAIC) reported a net loss of $1.0 million, equating to $0.03 per diluted share, and a non-GAAP core operating income of $1.9 million ($0.06 per share) for Q3 2021. The book value per share stands at $5.97. The company repurchased 1.1 million shares, achieving a 3.3% buyback. Major investments include a $150 million financing facility for single-family rentals, targeting $200 million in properties. The portfolio valued at $854 million shows 44% in agency MBS, with notable returns from MSR related investments.
Arlington Asset Investment Corp. (NYSE: AAIC) will release its third-quarter financial results for the period ending September 30, 2021, on November 9, 2021, after market close. A conference call for investors will take place on November 10, 2021, at 10:00 A.M. ET to discuss these results. The earnings call will be available for listening via the Company's website and will be replayed for 60 days post-call. Arlington invests primarily in mortgage-related assets and operates as a REIT, headquartered in the Washington, D.C. metropolitan area.
Arlington Asset Investment Corp. (NYSE: AAIC) has declared quarterly dividends for its preferred stocks: $0.4375 for its 7.00% Series B Cumulative Perpetual Redeemable Preferred Stock (AAIC.PRB) and $0.515625 for its 8.250% Series C Fixed-to-Floating Cumulative Redeemable Preferred Stock (AAIC.PRC). Both dividends are payable on September 30, 2021, to shareholders of record as of September 16, 2021. The tax treatment of these dividends will be reported to shareholders via Form 1099-DIV after the year-end.
Arlington Asset Investment Corp. (AAIC) reported a net loss of $7.8 million, or $0.24 per diluted share, for Q2 2021. Despite this, they achieved a non-GAAP core operating income of $2.2 million, or $0.07 per diluted share. As of June 30, 2021, their investment portfolio was valued at $954 million, with 25% allocated to mortgage servicing rights, contributing to profitability. The company repurchased 0.9 million shares, increasing total repurchases to 3.7%. No dividend was declared for common stock due to ongoing evaluations. Earnings call scheduled for Aug 4, 2021.
Arlington Asset Investment Corp. (NYSE: AAIC) will release its second-quarter financial results for 2021 after market hours on August 3, 2021. Following the release, a conference call is scheduled for August 4, 2021, at 9:00 A.M. Eastern Time, where the Company will discuss its performance and financial metrics. Arlington invests primarily in mortgage-related assets and has adopted a REIT structure, operating out of the Washington, D.C. area. For further details, visit www.arlingtonasset.com.
Arlington Asset Investment Corp. (NYSE: AAIC) has successfully closed a public offering of $33.5 million in 6.000% Senior Notes due 2026, priced at 100% of principal. The offering generated net proceeds of approximately $32.5 million, intended to redeem existing 6.625% Senior Notes due 2023 and for general corporate purposes. An additional $5.0 million may be issued to cover over-allotments. The offering was managed by Ladenburg Thalmann & Co. Inc., in accordance with SEC regulations.
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