Firm Capital Mortgage Investment (FCMGF) Expected to Release Earnings on Thursday

Firm Capital Mortgage Investment (OTCMKTS:FCMGF) is expected to be announcing its resultson Thursday, August 6th. Analysts expect the company to post earnings of $0.1726 per share and revenue of $9.8580 million for the quarter.

Firm Capital Mortgage Investment Stock Down 0.3%

Shares of OTCMKTS:FCMGF opened at $8.36 on Wednesday. Firm Capital Mortgage Investment has a 1-year low of $7.15 and a 1-year high of $9.08. The firm’s 50 day simple moving average is $8.57 and its two-hundred day simple moving average is $8.71.

Analysts Set New Price Targets

Separately, National Bank Financial assumed coverage on shares of Firm Capital Mortgage Investment in a research note on Monday, June 29th. They set a “sector perform” rating on the stock. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Firm Capital Mortgage Investment Company Profile

Firm Capital Mortgage Investment is a publicly traded mortgage investment entity that focuses on originating, acquiring and managing a diversified portfolio of commercial mortgage loans. Headquartered in Canada, the company provides debt financing solutions secured by real estate assets, with an emphasis on first and second mortgages. By targeting structured lending opportunities, Firm Capital Mortgage Investment seeks to deliver stable interest income to its shareholders.

The company’s core activities include underwriting commercial mortgages for industrial, multi-residential, office and retail properties, as well as specialty projects that require tailored financing structures.