Atrium Mortgage Investment Corporation (TSX: AI)Record Lending in Q3 / Investors’ Appetite for MICs to Remain High
Highlights As expected, lending increased 27% QoQ amid a strong residential real estate market....
Read More
Company Name: Atrium Mortgage Investment Corporation
Atrium Mortgage Investment Corporation (TSX: AI) Gearing Up for a Strong H2
Highlights Lending increased 486% YoY in Q2 amid a strong rebound in real estate activities....
Read More
Atrium Mortgage Investment Corporation (TSX: AI) Strong Investor Sentiment to Push Sector Multiples Higher
Highlights AI’s interest collections have been in line with historical rates through the pandemic....
Read More
Atrium Mortgage Investment Corporation (TSX: AI)-2020 Dividends Exactly Equals our Estimate; Preparing to Ramp Up Lending
Interest payment collections have been in line with historical rates through the pandemic. As of February 9, 2021, Atrium had collected 98% of its mortgage interest due in January. Announced a $0.02 special dividend, bringing 2020 dividends to $0.92 per share, exactly in line with our estimate.
Read More
Atrium Mortgage Investment Corporation – Q3 Beat Expectations; Interest Collections In Line With Historical Rates
Atrium’s Interest payment collections have been in line with historical rates through the pandemic. After a quiet Q2, the company ramped up lending in Q3; net mortgages outstanding increased 2.8% QoQ; management expects Q4 to be much stronger and lend approximately $100M in the quarter vs $48M in Q3 and $16M in Q2.
Read More