The Residential Lending segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization or transfer into the investment portfolio. The Business Purpose Lending segment includes the platform that originates and acquires business purpose residential loans. The Multifamily Investments segment refers to the investments in securities collateralized by multifamily mortgage loans, as well as other investments in multifamily mortgages and related assets.
The Third-Party Residential Investments segment contains the investment in residential mortgage-backed securities issued by third parties and investments in Freddie Mac securitizations.
Investors receive a 6.16% dividend. This one is on the Raymond James Analyst Select Picks list and has a $12 target price. The consensus target is $10. Shares have been hovering close to $9.
This company has traded sideways all year long and could be ready to run. Southwestern Energy Co. (NYSE: SWN) is one of the largest U.S. natural gas producers. Its primary producing locations are the Fayetteville and the Marcellus Shale. The company has acquired acreage in SW Appalachia that is exceeding expectations and provides a runway to growth.
The company’s estimated proved natural gas, oil and NGLs reserves comprise 12,721 billion cubic feet of natural gas equivalent (Bcfe); and 929 Bcfe of proved undeveloped reserves. It also engages in marketing of natural gas, oil and NGLs. It serves energy companies, utilities and industrial purchasers of natural gas.
The $4 Goldman Sachs price target was just lifted to $4.75. The consensus target is $4. The stock has settled in just below the $3.50 level.
These are five stocks for aggressive investors that look to get share count leverage on companies that have sizable upside potential. While not suited for all investors, these are not penny stocks with absolutely no track record or liquidity, and major Wall Street firms have research coverage.