Fundamental Research Analysts Give Atrium Mortgage Investment (AI) a C$13.53 Price Target

Fundamental Research set a C$13.53 target price on Atrium Mortgage Investment (TSE:AI) in a report released on Thursday. The brokerage currently has a hold rating on the stock.

A number of other analysts have also recently weighed in on AI. TD Securities upped their target price on shares of Atrium Mortgage Investment from C$12.50 to C$13.00 and gave the company a hold rating in a research note on Wednesday, July 25th. Industrial Alliance Securities cut shares of Atrium Mortgage Investment from a buy rating to a hold rating in a research note on Monday, July 30th.

AI stock opened at C$13.40 on Thursday. The company has a current ratio of 84.31, a quick ratio of 84.28 and a debt-to-equity ratio of 67.89. Atrium Mortgage Investment has a 12 month low of C$12.11 and a 12 month high of C$14.49.

The firm also recently disclosed a monthly dividend, which was paid on Monday, November 12th. Stockholders of record on Monday, November 12th were paid a $0.075 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 6.72%. The ex-dividend date was Tuesday, October 30th. Atrium Mortgage Investment’s dividend payout ratio is 95.44%.

Atrium Mortgage Investment Company Profile

Atrium Mortgage Investment Corporation provides financing solutions to the real estate communities in Ontario, Saskatchewan, Alberta, and British Columbia in Canada. It offers various types of mortgage loans, including first and second mortgages; infill construction and financing; land and land assembly financing for stacked and traditional townhomes, single detached homes, and low-rise and midrise condominiums; and bridge and term financing.

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