AAIC - No More Love For One Of These 12% Yielding REITs

November, 10 2020 01:43 AM Arlington Asset Investment Corp Class A (new)

ARR got way too cheap during the pandemic, but the sale is over. Share prices look pretty fair. Neutral outlook on ARR and a few others tossed in.
Investors may love the monthly dividend, but they’ve often misunderstood the REIT. We haven’t. We’ve nailed ratings on both sides for ARR.
Discounts to book value (or NAV) are the start of your mortgage REIT analysis, but not the end.
In this series we’re providing readers with the discounts to trailing book values throughout the sector and a few notes on the current environment.
When we provide an index card for an individual mortgage REIT, it includes our most recent estimate on book values.

For further details see:

Company Name:	Arlington Asset Investment Corp Class A (new)
Stock Symbol:	AAIC
Market:	NYSE
Website:	arlingtonasset.com