Atrium Mortgage Investment (AI) Stock Price, News & Analysis

Company Overview

Atrium Mortgage Investment Corp is a non-banking finance company providing residential and commercial mortgages that lends funds in major urban centres in Canada where the stability and liquidity of real estate are high. Its objectives are to provide its shareholders with stable and secure dividends and preserve shareholders' equity by lending within conservative risk parameters. The company generates its revenue from mortgage interest and fees.

Key Stats

• Today's Range: C$10.86 to C$11.06
• 50-Day Range: C$10.88 to C$11.42
• 52-Week Range: C$10.30 to C$12.00
• Volume: 137,489 shs
• Average Volume: 47,565 shs
• Market Capitalization: C$485.27 million
• P/E Ratio: 10.48
• Dividend Yield: 8.26%
• Price Target: C$13.02
• Consensus Rating: Moderate Buy

Atrium Mortgage Investment Stock Analysis - MarketRank™

Atrium Mortgage Investment scored higher than 57% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Atrium Mortgage Investment has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Atrium Mortgage Investment has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Atrium Mortgage Investment is 10.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.35.

Price to Earnings Ratio vs. Sector

The P/E ratio of Atrium Mortgage Investment is 10.48, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 418.74.

Price to Book Value per Share Ratio

Atrium Mortgage Investment has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for AI.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Atrium Mortgage Investment is a leading dividend payer. It pays a dividend yield of 7.92%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Atrium Mortgage Investment does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Atrium Mortgage Investment is 86.54%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for AI.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 0.92

News Sentiment

Atrium Mortgage Investment has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Atrium Mortgage Investment this week, compared to 1 article on an average week.

Search Interest

110 people have searched for AI on MarketBeat in the last 30 days. This is an increase of 28% compared to the previous 30 days.

MarketBeat Follows

3 people have added Atrium Mortgage Investment to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Atrium Mortgage Investment insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$1,152,678.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

Only 4.45% of the stock of Atrium Mortgage Investment is held by insiders.

Percentage Held by Institutions

Only 4.65% of the stock of Atrium Mortgage Investment is held by institutions.

AI Stock Analysis - Frequently Asked Questions

How have AI shares performed this year?

Atrium Mortgage Investment's stock was trading at C$10.52 on January 1st, 2024. Since then, AI stock has increased by 3.6% and is now trading at C$10.90.
View the best growth stocks for 2024 here.

How do I buy shares of Atrium Mortgage Investment?

Shares of AI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Atrium Mortgage Investment own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Atrium Mortgage Investment investors own include Toronto-Dominion Bank (TD), Meta Platforms (META), Enbridge (ENB), Manulife Financial (MFC), Royal Bank of Canada (RY), TELUS (T) and BCE (BCE).

Company Calendar

• Ex-Dividend for 11/13 Dividend: 10/31/2024
• Dividend Payable: 11/13/2024
• Ex-Dividend for 12/12 Dividend: 11/29/2024
• Dividend Payable: 12/12/2024
• Today: 12/21/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Mortgage Finance
• Sub-Industry: Computer Software
• Current Symbol: TSE:AI
• CUSIP: N/A
• CIK: N/A
• Web: www.atriummic.com
• Phone: +1-416-8671053
• Fax: N/A
• Employees: 700
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$13.02
• High Stock Price Target: C$13.03
• Low Stock Price Target: C$13.00
• Potential Upside/Downside: +19.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.04
• Trailing P/E Ratio: 10.48
• Forward P/E Ratio: 10.29
• P/E Growth: N/A
• Net Income: C$46.41 million
• Net Margins: 81.77%
• Pretax Margin: N/A
• Return on Equity: 9.48%
• Return on Assets: 5.41%

Debt

• Debt-to-Equity Ratio: 78.58
• Current Ratio: 62.51
• Quick Ratio: 102.54

Sales & Book Value

• Annual Sales: C$56.76 million
• Price / Sales: 8.55
• Cash Flow: C$0.14 per share
• Price / Cash Flow: 78.03
• Book Value: C$11.06 per share
• Price / Book: 0.99

Miscellaneous

• Outstanding Shares: 44,520,000
• Free Float: N/A
• Market Cap: C$485.27 million
• Optionable: Not Optionable
• Beta: 1.21