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Canadian Real Estate Market Records Fewer Homes Sales For the Third Quarter – (NLY, ARI, NYMT, AGNC)

Canadian Real Estate Market Records Fewer Homes Sales For the Third Quarter – (NLY, ARI, NYMT, AGNC)


 

The average price of a home in Canada increased in a range of 1.8% and 4.8% in the third quarter as compared to the same period last year, depending on the type of home, according to figures provided Wednesday by real estate firm Royal LePage. The price for an average standard two-story home advanced 4% year-over-year, to about 404 thousand Canadian dollars (equals approximately US$409,000), while standard condominium prices moved up 1.8% to C$244,000.

In the U.S. stock market, Annaly Capital Management, Inc. (NYSE:NLY) declined sharply on Wednesday a day after it declared conversion rate adjustment for 4.00% convertible senior bond payable 2015. Shares of this company traded down -0.18% during trading yesterday, hitting $16.90.

The stock has a 52 week low of $14.65 and a 52 week high of $17.75. The company has a market cap of $16.46 billion and a P/E ratio of 99.35. The P/S ratio is 4.68 and P/B ratio 1.01. Dividend yield stands at 11.84 percent. The beta value is 0.25. NLY’s RSI amounts to 52.22.

 

Apollo Commercial Real Est. Finance Inc (NYSE:ARI) shares plunged after stating Public Offering of Common Stock. The company has a market value of $346.61 million. Over the last 12 months has generated revenue of $56.83 million and has a net income of $32.75 million. The firm’s operating margin is 55.51 percent and net profit margin 58.40 percent. The latest closing price of its shares moved down -0.82% from the 50-day moving average.

New York Mortgage Trust, Inc. (NASDAQ:NYMT) faced steep fall on Wednesday after pricing public offering at 3% discount. For this company, a return on equity of 9.23 percent was realized due to the financial situation.

Last twelve months earnings per share reached a value of $0.59. Last fiscal year, $1.08 has been paid in form of dividends to investors. The stock closed at $6.92, down -0.18 points or -2.54% from previous close and at a distance of -1.09% from 20-day simple moving average.

 

American Capital Agency Corp. (NASDAQ:AGNC) continued to move up yesterday but Morgan Stanley today downgraded the stock from an overweight rating to an equal weight rating. In the last trading session, the stock’s price moved 17.84% above its 200 day moving average, changing hands as low as $34.80 per share.

The stock is currently trading 3.97% down its SMA 50. The worst hit in its 52 week range is $22.84 per share, with $36.77 being the 52 week best price, which compares with a latest closing price of $35.13. The Beta of this stock is 0.46.



SOURCE: Canadian Real Estate Market Records Fewer Homes Sales For the Third Quarter – (NLY, ARI, NYMT, AGNC) | Property Mentor http://www.propertymentorgroup.com/canadian-real-estate-market-records-fewer-homes-sales-for-the-third-quarter-nly-ari-nymt-agnc/122994/#ixzz28Qxzp1lV