AAIC - Time To Pump Out New Shares

January, 26 2021 07:07 PM Arlington Asset Investment Corp Class A (new)

Some mortgage REITs are trading at significant premiums to book value per share. When that happens, issuing new shares is wise.
One mortgage REIT already took advantage of favorable pricing to issue new shares. That’s intelligent and expected.
IVR and MITT should be looking for any opportunity to issue new shares. That may be more difficult around earnings. Bearish outlook on IVR and MITT.
In this series, we’re providing readers with 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