ZAIS Financial Corp. Common Sto (NYSE:ZFC):
ZAIS Financial Corp. And Sutherland Asset Management Corp. Announce Stockholder Approvals Of Their Merger.
In the market the company is trading up since yesterday’s close of $14.5.
The company announced a dividend paid on Friday July 15th, 2016. The dividend was $0.400 per share for the quarter or $1.60 on an annualized basis. The dividend yield was $11.00. The ex-dividend date was set for Tuesday the 28th of June 2016.
It is currently trading at $14.64 which is marginally higher than the 50 day moving average which is $14.02 and which is a tad above the 200 day moving average of $14.28. The 50 day moving average moved up $0.62 and the 200 day average went up by +2.51%.
Ratings analysts have weighed in on ZFC of late. On March 11 the stock rating was downgraded from “Market Outperform” to “Market Perform” in a report from JMP Securities. March 10 investment analysts at Oppenheimer maintained a company rating of “Outperform” but moved down the price target to $16.00 from $17.00.
Equity analyst Barclays raised the price target and upgraded the stock on February 1 changing the price target from $16.00 to $17.00 and moving the rating from “Equal-weight” to “Overweight”. On February 1 the company was upgraded to “Overweight” from “Equal-weight” with a current price target of $17.00 in an announcement from Barclays.
On November 6 Deutsche Bank left the company rating at “Buy” and moved down the price target from $21.50 to $20.50. November 5 investment analysts at Oppenheimer maintained a stock rating of “Outperform” but lowered the price target to $17.00 from $20.00.