Hatteras Financial Corp (HTS) : The consensus on Hatteras Financial Corp (HTS) based on 4 analyst recommendation on the company stock is 2.75, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Hatteras Financial Corp (HTS) : The consensus price target for Hatteras Financial Corp (HTS) is $16.18 for the short term with a standard deviation of $0.46. The most optimist securities analyst among the 2 who monitor the stock believes that the stock can reach $17, however, the pessimist price target for the company is $16.
Hatteras Financial Corp (NYSE:HTS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.38 and $16.28 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.48. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.46, notching a gain of 0.30% for the day. The total traded volume was 1,620,206 . The stock had closed at $16.41 on the previous day.
Also, Equity Analysts at the Brokerage Firm, Ladenburg Thalmann, downgrades their rating on the shares of Hatteras Financial Corp (NYSE:HTS). Ladenburg Thalmann has a Neutral rating on the shares. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on April 12, 2016. The company shares have dropped -4.43% from its 1 Year high price. On Jul 8, 2015, the shares registered one year high at $17.23 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $16.19 and the 200 Day Moving Average price is recorded at $14.55.
Hatteras Financial Corp. is an externally managed mortgage real estate investment trust (REIT) that invests primarily in single-family residential mortgage real estate assets, such as mortgage-backed security (MBS) and other financial assets. MBS are pass-through securities consisting of a pool of mortgage loans. The Company invests in both adjustable-rate and fixed-rate MBS. Adjustable rate mortgages (ARMs) are mortgage loans that have floating interest rates. All of its fixed-rate MBS are 10-year and 15-year amortizing fixed-rate securities. The Company has primarily invested in MBS issued or guaranteed by the United States Government agency, such as Ginnie Mae, or by the United States Government-sponsored enterprise, such as Fannie Mae or Freddie Mac. The Company is externally managed and advised by its manager, Atlantic Capital Advisors LLC (ACA).