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

Firm Capital Mortgage Investment (OTCMKTS:FCMGF) will likely be issuing its resultson Thursday, August 6th. Analysts expect Firm Capital Mortgage Investment to announce earnings of $0.1726 per share and revenue of $9.8580 million for the quarter.

Firm Capital Mortgage Investment Price Performance

Shares of OTCMKTS:FCMGF opened at $8.59 on Thursday. Firm Capital Mortgage Investment has a 12 month low of $7.15 and a 12 month high of $9.08. The company has a 50-day moving average price of $8.59 and a 200 day moving average price of $8.71.

Analyst Ratings Changes

Separately, National Bank Financial assumed coverage on Firm Capital Mortgage Investment in a research report on Monday, June 29th. They set a “sector perform” rating on the stock. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently 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.