Five Oaks Investment Corp (OAKS) 5.45 $OAKS
Five Oaks reports 1Q loss
Automated Insights - Tue May 10, 5:34PM CDT
NEW YORK (AP) _ Five Oaks Investment Corp. (OAKS) on Tuesday reported a loss of $16.9 million in its first quarter.
OAKS: 5.45 (+0.02)
Five Oaks Investment Corp. Reports First Quarter 2016 Financial Results
PR Newswire - Tue May 10, 3:30PM CDT
Five Oaks Investment Corp. (NYSE: OAKS) ("we", "Five Oaks" or "the Company"
today announced its financial results for the first quarter ended March 31, 2016. For the first quarter, the Company reported a GAAP net loss of $17.8 million, or $1.22 per basic and diluted share, a comprehensive loss of $18.9 million, or $1.30 per basic and diluted share, and core earnings(1) of $3.5 million, or $0.24 per basic and diluted share. The Company also reported a net book value of $8.12 per share on a basic and diluted basis at March 31, 2016.
OAKS: 5.45 (+0.02)
Five Oaks posts 4Q profit
Automated Insights - Wed Mar 23, 4:11PM CDT
NEW YORK (AP) _ Five Oaks Investment Corp. (OAKS) on Wednesday reported fourth-quarter net income of $3.5 million, after reporting a loss in the same period a year earlier.
OAKS: 5.45 (+0.02)
Five Oaks Investment Corp. Reports Fourth Quarter and Full Year 2015 Financial Results
PR Newswire - Wed Mar 23, 3:45PM CDT
Five Oaks Investment Corp. (NYSE: OAKS) ("we", "Five Oaks" or "the Company" today announced its financial results for the fourth quarter and for the year ended December 31, 2015. For the fourth quarter, the Company reported GAAP net income of $2.6 million, or $0.18 per basic and diluted share, a comprehensive loss of $6.4 million, or $0.43 per basic and diluted share, and core earnings(1) of $4.1 million, or $0.28 per basic and diluted share. For the year, the Company reported GAAP net loss of $3.1 million, or $0.21 per basic and diluted share, a comprehensive loss of $10.7 million, or $0.73 per basic and diluted share, and core earnings(1) of $16.8 million, or $1.14 per basic and diluted share. The Company also reported a net book value of $9.58 per share on a basic and diluted basis at December 31, 2015.
OAKS: 5.45 (+0.02)
American Capital Agency Changes Key Leadership Positions
Zacks Equity Research - Zacks Investment Research - Mon Mar 21, 9:40AM CDT
American Capital Agency Corp. (AGNC) has witnessed major changes in top management positions.
OAKS: 5.45 (+0.02), NLY: 10.80 (unch), CLNY: 18.04 (-0.43), AGNC: 18.89 (-0.18)
Five Oaks Investment Corp. Announces Second Quarter 2016 Common Stock Dividend Rate of $0.06 Per Share for April, May and June 2016 and Preferred Stock Dividend
PR Newswire - Wed Mar 16, 3:30PM CDT
Five Oaks Investment Corp. (NYSE: OAKS) (the "Company" today announced that its board of directors has declared monthly cash dividend rates for the second quarter of 2016 of $0.06 per share of common stock for the months of April, May and June.
OAKS: 5.45 (+0.02)
Resource Capital Approves $50M Securities Buyback Program
Zacks Equity Research - Zacks Investment Research - Wed Mar 16, 10:40AM CDT
The board of directors of Resource Capital Corp. (RSO) has authorized a new securities repurchase program for a maximum amount of $50 million.
OAKS: 5.45 (+0.02), NLY: 10.80 (unch), RSO: 12.91 (-0.27), CLNY: 18.04 (-0.43)
Five Oaks Investment authorizes stock repurchase plan
M2 - Mon Dec 21, 5:42AM CST
Board of directors of Five Oaks Investment Corp. (NYSE: OAKS) has authorized a stock repurchase program for up to USD10 million of the company's common stock. Under the stock repurchase program, the company may repurchase its common stock from time to time, in amounts, at prices and at such times as the company deems appropriate, subject to market conditions and other considerations. The company's repurchases may be executed using open market purchases (including through 10b5-1 plans), privately negotiated transactions, accelerated share repurchase programs or other transactions. The company also said its board of directors has declared monthly cash dividend rates for the first quarter of 2016 of USD0.06 per share of common stock for the months of January, February and March, payable on January 28, February 26, and March 30, 2016 to shareholders of record as of January 15, February 16 and March 15, 2016. In accordance with the terms of the 8.75 percent cumulative redeemable preferred stock (Series A), the board of directors has also declared monthly cash dividend rates for the first quarter of 2016 of USD0.1823 per share, payable January 28, February 26 and March 28 to shareholders of record as of January 15, February 16 and March 15, 2016. The company also said it has obtained approval from Federal Home Loan Bank of Indianapolis to fund its acquisition of prime jumbo loans. The amount of any such funding will be a function of several factors, including the company's pledging of sufficient eligible collateral. Lastly, the company said Thomas M. Pearce Jr., a director of the company since 2013, is stepping down from the board of directors to dedicate his full time to his role as president and CEO of MAXEX and its upcoming launch of a multi-seller to multi-buyer exchange and clearing agent for residential mortgage loans. Five Oaks Investment Corp. is a real estate investment trust focused with its subsidiaries on investing on a leveraged basis in mortgage and other real estate-related assets, particularly residential mortgage loans, mortgage servicing rights, and mortgage-backed securities, including residential mortgage-backed securities and multi-family mortgage-backed securities. business. Five Oaks Investment Corp. is externally managed and advised by Oak Circle Capital Partners LLC.
OAKS: 5.45 (+0.02)
Five Oaks Investment Corp. Announcements
PR Newswire - Wed Dec 16, 7:30AM CST
Five Oaks Investment Corp. (NYSE: OAKS) (the "Company" today announced that the Company's board of directors has authorized a stock repurchase program for up to $10 million of the Company's common stock. Under the stock repurchase program, the Company may repurchase its common stock from time to time, in amounts, at prices and at such times as the Company deems appropriate, subject to market conditions and other considerations. The Company's repurchases may be executed using open market purchases (including through 10b5-1 plans), privately negotiated transactions, accelerated share repurchase programs or other transactions.
OAKS: 5.45 (+0.02)
Five Oaks Investment Corp. Reports Third Quarter 2015 Financial Results
PR Newswire - Mon Nov 09, 3:30PM CST
Five Oaks Investment Corp. (NYSE: OAKS) ("we", "Five Oaks" or "the Company" today announced its financial results for the third quarter ended September 30, 2015. For the third quarter, the Company reported a GAAP net loss of $2.2 million, or $0.15 per basic and diluted share, a comprehensive loss of $2.0 million, or $0.14 per basic and diluted share, and core earnings* of $3.6 million, or $0.24 per basic and diluted share. The Company also reported a net book value of $10.26 per share on a basic and diluted basis at September 30, 2015.
OAKS: 5.45 (+0.02)
Five Oaks Investment Corp. Third Quarter 2015 Financial Results Scheduled to be Reported on Monday, November 9, 2015
PR Newswire - Mon Nov 02, 4:05PM CST
Five Oaks Investment Corp. (NYSE: OAKS) ("Five Oaks" or "the Company" is scheduled to report its financial results for the third quarter ended September 30, 2015 after the market close on November 9, 2015.
OAKS: 5.45 (+0.02)
Five Oaks Investment declares common and preferred stock dividends for Q4 2015 for three months
M2 - Wed Sep 16, 4:49AM CDT
The board of directors of Five Oaks Investment Corp (NYSE:OAKS) approved a monthly common stock cash dividend of USD0.10 per share for the three months of the fourth quarter of 2015, the fund disclosed on Tuesday.
OAKS: 5.45 (+0.02)
Five Oaks Investment Corp. Reports Second Quarter 2015 Financial Results
PR Newswire - Mon Aug 10, 3:30PM CDT
Five Oaks Investment Corp. (NYSE: OAKS) ("Five Oaks" or "the Company" today announced its financial results for the second quarter ended June 30, 2015. For the second quarter, the Company reported GAAP net income of $3.2 million, or $0.21 per basic and diluted share, a comprehensive loss of $5.3 million, or $0.36 per basic and diluted share, and core earnings* of $4.4 million, or $0.30 per basic and diluted share. The Company also reported a net book value of $10.71 per share on a basic and diluted basis at June 30, 2015.
OAKS: 5.45 (+0.02)
Five Oaks reports 1Q loss
Automated Insights - Tue May 10, 5:34PM CDT
NEW YORK (AP) _ Five Oaks Investment Corp. (OAKS) on Tuesday reported a loss of $16.9 million in its first quarter.
OAKS: 5.45 (+0.02)
Five Oaks Investment Corp. Reports First Quarter 2016 Financial Results
PR Newswire - Tue May 10, 3:30PM CDT
Five Oaks Investment Corp. (NYSE: OAKS) ("we", "Five Oaks" or "the Company"
today announced its financial results for the first quarter ended March 31, 2016. For the first quarter, the Company reported a GAAP net loss of $17.8 million, or $1.22 per basic and diluted share, a comprehensive loss of $18.9 million, or $1.30 per basic and diluted share, and core earnings(1) of $3.5 million, or $0.24 per basic and diluted share. The Company also reported a net book value of $8.12 per share on a basic and diluted basis at March 31, 2016. OAKS: 5.45 (+0.02)
Five Oaks posts 4Q profit
Automated Insights - Wed Mar 23, 4:11PM CDT
NEW YORK (AP) _ Five Oaks Investment Corp. (OAKS) on Wednesday reported fourth-quarter net income of $3.5 million, after reporting a loss in the same period a year earlier.
OAKS: 5.45 (+0.02)
Five Oaks Investment Corp. Reports Fourth Quarter and Full Year 2015 Financial Results
PR Newswire - Wed Mar 23, 3:45PM CDT
Five Oaks Investment Corp. (NYSE: OAKS) ("we", "Five Oaks" or "the Company"
today announced its financial results for the fourth quarter and for the year ended December 31, 2015. For the fourth quarter, the Company reported GAAP net income of $2.6 million, or $0.18 per basic and diluted share, a comprehensive loss of $6.4 million, or $0.43 per basic and diluted share, and core earnings(1) of $4.1 million, or $0.28 per basic and diluted share. For the year, the Company reported GAAP net loss of $3.1 million, or $0.21 per basic and diluted share, a comprehensive loss of $10.7 million, or $0.73 per basic and diluted share, and core earnings(1) of $16.8 million, or $1.14 per basic and diluted share. The Company also reported a net book value of $9.58 per share on a basic and diluted basis at December 31, 2015. OAKS: 5.45 (+0.02)
American Capital Agency Changes Key Leadership Positions
Zacks Equity Research - Zacks Investment Research - Mon Mar 21, 9:40AM CDT
American Capital Agency Corp. (AGNC) has witnessed major changes in top management positions.
OAKS: 5.45 (+0.02), NLY: 10.80 (unch), CLNY: 18.04 (-0.43), AGNC: 18.89 (-0.18)
Five Oaks Investment Corp. Announces Second Quarter 2016 Common Stock Dividend Rate of $0.06 Per Share for April, May and June 2016 and Preferred Stock Dividend
PR Newswire - Wed Mar 16, 3:30PM CDT
Five Oaks Investment Corp. (NYSE: OAKS) (the "Company"
today announced that its board of directors has declared monthly cash dividend rates for the second quarter of 2016 of $0.06 per share of common stock for the months of April, May and June. OAKS: 5.45 (+0.02)
Resource Capital Approves $50M Securities Buyback Program
Zacks Equity Research - Zacks Investment Research - Wed Mar 16, 10:40AM CDT
The board of directors of Resource Capital Corp. (RSO) has authorized a new securities repurchase program for a maximum amount of $50 million.
OAKS: 5.45 (+0.02), NLY: 10.80 (unch), RSO: 12.91 (-0.27), CLNY: 18.04 (-0.43)
Five Oaks Investment authorizes stock repurchase plan
M2 - Mon Dec 21, 5:42AM CST
Board of directors of Five Oaks Investment Corp. (NYSE: OAKS) has authorized a stock repurchase program for up to USD10 million of the company's common stock. Under the stock repurchase program, the company may repurchase its common stock from time to time, in amounts, at prices and at such times as the company deems appropriate, subject to market conditions and other considerations. The company's repurchases may be executed using open market purchases (including through 10b5-1 plans), privately negotiated transactions, accelerated share repurchase programs or other transactions. The company also said its board of directors has declared monthly cash dividend rates for the first quarter of 2016 of USD0.06 per share of common stock for the months of January, February and March, payable on January 28, February 26, and March 30, 2016 to shareholders of record as of January 15, February 16 and March 15, 2016. In accordance with the terms of the 8.75 percent cumulative redeemable preferred stock (Series A), the board of directors has also declared monthly cash dividend rates for the first quarter of 2016 of USD0.1823 per share, payable January 28, February 26 and March 28 to shareholders of record as of January 15, February 16 and March 15, 2016. The company also said it has obtained approval from Federal Home Loan Bank of Indianapolis to fund its acquisition of prime jumbo loans. The amount of any such funding will be a function of several factors, including the company's pledging of sufficient eligible collateral. Lastly, the company said Thomas M. Pearce Jr., a director of the company since 2013, is stepping down from the board of directors to dedicate his full time to his role as president and CEO of MAXEX and its upcoming launch of a multi-seller to multi-buyer exchange and clearing agent for residential mortgage loans. Five Oaks Investment Corp. is a real estate investment trust focused with its subsidiaries on investing on a leveraged basis in mortgage and other real estate-related assets, particularly residential mortgage loans, mortgage servicing rights, and mortgage-backed securities, including residential mortgage-backed securities and multi-family mortgage-backed securities. business. Five Oaks Investment Corp. is externally managed and advised by Oak Circle Capital Partners LLC.
OAKS: 5.45 (+0.02)
Five Oaks Investment Corp. Announcements
PR Newswire - Wed Dec 16, 7:30AM CST
Five Oaks Investment Corp. (NYSE: OAKS) (the "Company"
today announced that the Company's board of directors has authorized a stock repurchase program for up to $10 million of the Company's common stock. Under the stock repurchase program, the Company may repurchase its common stock from time to time, in amounts, at prices and at such times as the Company deems appropriate, subject to market conditions and other considerations. The Company's repurchases may be executed using open market purchases (including through 10b5-1 plans), privately negotiated transactions, accelerated share repurchase programs or other transactions. OAKS: 5.45 (+0.02)
Five Oaks Investment Corp. Reports Third Quarter 2015 Financial Results
PR Newswire - Mon Nov 09, 3:30PM CST
Five Oaks Investment Corp. (NYSE: OAKS) ("we", "Five Oaks" or "the Company"
today announced its financial results for the third quarter ended September 30, 2015. For the third quarter, the Company reported a GAAP net loss of $2.2 million, or $0.15 per basic and diluted share, a comprehensive loss of $2.0 million, or $0.14 per basic and diluted share, and core earnings* of $3.6 million, or $0.24 per basic and diluted share. The Company also reported a net book value of $10.26 per share on a basic and diluted basis at September 30, 2015. OAKS: 5.45 (+0.02)
Five Oaks Investment Corp. Third Quarter 2015 Financial Results Scheduled to be Reported on Monday, November 9, 2015
PR Newswire - Mon Nov 02, 4:05PM CST
Five Oaks Investment Corp. (NYSE: OAKS) ("Five Oaks" or "the Company"
is scheduled to report its financial results for the third quarter ended September 30, 2015 after the market close on November 9, 2015. OAKS: 5.45 (+0.02)
Five Oaks Investment declares common and preferred stock dividends for Q4 2015 for three months
M2 - Wed Sep 16, 4:49AM CDT
The board of directors of Five Oaks Investment Corp (NYSE:OAKS) approved a monthly common stock cash dividend of USD0.10 per share for the three months of the fourth quarter of 2015, the fund disclosed on Tuesday.
OAKS: 5.45 (+0.02)
Five Oaks Investment Corp. Reports Second Quarter 2015 Financial Results
PR Newswire - Mon Aug 10, 3:30PM CDT
Five Oaks Investment Corp. (NYSE: OAKS) ("Five Oaks" or "the Company"
today announced its financial results for the second quarter ended June 30, 2015. For the second quarter, the Company reported GAAP net income of $3.2 million, or $0.21 per basic and diluted share, a comprehensive loss of $5.3 million, or $0.36 per basic and diluted share, and core earnings* of $4.4 million, or $0.30 per basic and diluted share. The Company also reported a net book value of $10.71 per share on a basic and diluted basis at June 30, 2015. OAKS: 5.45 (+0.02)
