With 0.24 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.17 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $8.51 whereas the lowest price it dropped to was $8.28. The 52-week range on AFCG shows that it touched its highest point at $10.88 and its lowest point at $7.36 during that stretch. It currently has a 1-year price target of $12.60. With its current market cap of 185.93 million, AFCG has annualized dividend of $1.62 while the current yield stands at 19.13%. Beta for the stock currently stands at 1.10.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AFCG was up-trending over the past week, with a rise of 1.68%, but this was down by -11.31% over a month. Three-month performance dropped to -12.68% while six-month performance fell -1.40%. The stock gained 4.15% in the past year, while it has gained 1.68% so far this year. A look at the trailing 12-month EPS for AFCG yields 0.40 with Next year EPS estimates of 1.64. For the next quarter, that number is 0.38. This implies an EPS growth rate of 21.88% for this year and -3.85% for next year.
Float and Shares Shorts:
At present, 21.88 million AFCG shares are outstanding with a float of 17.55 million shares on hand for trading. On 2024-12-13, short shares totaled 0.48 million, which was 218.00000000000003 higher than short shares on 1731628800. In addition to Mr. Leonard Mark Tannenbaum C.F.A. as the firm’s Co-Founder & Executive Chairman, Mr. Daniel Neville serves as its CEO & Partner.
Institutional Ownership:
Through their ownership of 0.31554002 of AFCG’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AFCG since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AFCG analysts setting a high price target of 14.0 and a low target of 10.0, the average target price over the next 12 months is 12.6. Based on these targets, AFCG could surge 65.29% to reach the target high and rise by 18.06% to reach the target low. Reaching the average price target will result in a growth of 48.76% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.83771 being high and $1.57669 being low. For AFCG, this leads to a yearly average estimate of $1.70178. Based on analyst estimates, the high estimate for the next quarter is $0.43 and the low estimate is $0.35. The average estimate for the next quarter is thus $0.38.
