Analysts Set $3.88 Target Price for Hunt Companies Finance Trust Inc (NYSE:HCFT)

Shares of Hunt Companies Finance Trust Inc (NYSE:HCFT) have received an average broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy rating.

Analysts have set a 1-year consensus target price of $3.88 for the company, according to Zacks. Zacks has also given Hunt Companies Finance Trust an industry rank of 169 out of 256 based on the ratings given to its competitors.

A number of brokerages recently issued reports on HCFT. ValuEngine upgraded shares of Hunt Companies Finance Trust from a “strong sell” rating to a “sell” rating in a research report on Thursday. Zacks Investment Research upgraded shares of Hunt Companies Finance Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, July 17th.

Large investors have recently bought and sold shares of the company. Sawtooth Solutions LLC purchased a new stake in Hunt Companies Finance Trust during the first quarter valued at about $131,000. AE Wealth Management LLC lifted its stake in Hunt Companies Finance Trust by 118.6% during the second quarter. AE Wealth Management LLC now owns 70,082 shares of the company’s stock valued at $239,000 after buying an additional 38,027 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. purchased a new stake in Hunt Companies Finance Trust during the first quarter valued at about $611,000. Institutional investors own 38.00% of the company’s stock.

HCFT traded down $0.04 on Friday, reaching $3.31. The company had a trading volume of 12,756 shares, compared to its average volume of 30,715. The firm has a fifty day moving average of $3.41. The stock has a market cap of $78.41 million, a P/E ratio of -10.68 and a beta of 1.29. The company has a debt-to-equity ratio of 4.98, a current ratio of 10.35 and a quick ratio of 10.35. Hunt Companies Finance Trust has a one year low of $2.76 and a one year high of $3.79.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 28th were given a dividend of $0.075 per share. This is a positive change from Hunt Companies Finance Trust’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.30 annualized dividend and a dividend yield of 9.06%. Hunt Companies Finance Trust’s dividend payout ratio (DPR) is -96.77%.

Hunt Companies Finance Trust Company Profile

Hunt Companies Finance Trust, Inc, a real estate specialty finance company, focuses on investing in portfolio mortgage-backed securities (MBS), mortgages, and other real estate related assets. It invests in agency and non-agency residential MBS, multi-family MBS, mortgage-servicing rights, and other mortgage-related investments.

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