Hunt Companies Finance Trust Inc (HCFT) Got Some Good News


In a report released today, Steven Delaney from JMP Securities upgraded Hunt Companies Finance Trust Inc (HCFT) to Buy, with a price target of $3.80. The company’s shares closed yesterday at $3.12.

According to TipRanks.com, Delaney is a 5-star analyst with an average return of 14.9% and a 85.5% success rate. Delaney covers the Financial sector, focusing on stocks such as Kkr Real Estate Finance Trust Inc, Granite Point Mortgage Trust Inc, and Starwood Property Trust.

The the analyst consensus on Hunt Companies Finance Trust Inc is currently a Hold rating.

See today’s analyst top recommended stocks >>

Based on Hunt Companies Finance Trust Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $4.35 million. In comparison, last year the company had a net profit of $8.89 million.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HCFT in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Hunt Companies Finance Trust, Inc. operates as a real estate investment finance company, which engages in investing, financing, and managing a portfolio of mortgage-backed securities, residential mortgage loans, and other mortgage related investments. Its objective is to attract long-term risk-adjusted returns to its stockholders.

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