Thornburg Mortgage, Inc. operates as a residential mortgage lending company. It originates, acquires, and retains investments in adjustable and variable rate mortgage (ARM) assets. The company’s ARM assets consist of purchased ARM assets and ARM loans, including traditional ARM assets and hybrid ARM assets. It acquires and originates assets, through correspondent lending, wholesale lending, direct retail lending, and bulk acquisition programs. Thornburg Mortgage, Inc. acquires ARM assets from investment banking firms, broker-dealers, mortgage bankers, mortgage brokerage firms, banks, savings and loan institutions, credit unions, home builders, and other entities involved in originating, securitizing, packaging, and selling mortgage-backed securities and mortgage loans. It operates as an externally advised real estate investment trust (REIT). As a REIT, the company would not be subject to federal corporate income tax, provided it distributes at least 90% of taxable income to its shareholders. Thornburg Mortgage, Inc. was founded in 1992 and is based in Santa Fe, New Mexico.
www.thornburgmortgage.com
| Analysts' Targets |
| Friedman, Billings, Ramsey & C | $1 |
| Hold |
Wednesday, April 30, 2008
|
| Deutsche Bank Securities | $1 |
| Hold |
Thursday, April 10, 2008
|
| RBC Capital Markets | $1 |
| Sector Perform |
Wednesday, April 02, 2008
|
| Jefferies & Co. | $4 |
| Buy |
Wednesday, March 05, 2008
|
| UBS Securities | $14 |
| Add |
Friday, February 08, 2008
|
| Credit Suisse | $12 |
| Hold |
Thursday, February 07, 2008
|
| Keefe Bruyette & Woods | $9 |
| Mkt Perform |
Thursday, January 10, 2008
|
| Currency | US Dollars |
| Share Price | $0.76 |
| Change Today | -$0.04 |
| 52 Week High | $27.49 |
| 52 Week Low | $0.67 |
| Volume | 780,241 |
| Beta | 3.32 |
| RiskGrade | 1,010 |
<!-- -- END secondColHolder ----> | Strong Buy | 0 |
| Buy | 0 |
| Neutral | 4 |
| Sell | 1 |
| Strong Sell | 2 |
| Total | 7 |
| Dividend Information |
| Dividend Yield: | 132.50 % |
| Dividend Yield 5yr Avg: | 12.30 % |
| Dividend Rate: | $ 1.00 % |
| Dividend Payout Ratio: | 0.00 % |
| Dividend Payout Ratio 5yr Avg: | 0.00 % |
| Dividend Growth Rate 3yr Avg: | -7.24 % |
| Dividend Growth Rate 5yr Avg: | -0.35 % |
| Dividend AllStar™ Ranking: | |
| Consecutive Div. Increases: | 0 years |
| Dividend Payment Type: | Cash |
| Dividend Declaration Date: | Dec-18-2007 |
| Dividend Ex Date: | Dec-27-2007 |
| Dividend Record Date: | Dec-31-2007 |
| Dividend Pay Date: | Jan-30-2008 |
| Dividend Amount: | 0.2500 |
| Dividend Payments: | Last 12 months payments: 2 |
| | 1993 |
$0.75 (06/08/08)
