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Arlington Asset Investment Corp - AAIC STOCK NEWS

Welcome to our dedicated news page for Arlington Asset Investment (Ticker: AAIC), a resource for investors and traders seeking the latest updates and insights on Arlington Asset Investment.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Arlington Asset Investment's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Arlington Asset Investment's position in the market.

News
Arlington Asset Investment Corp. Announces Intention to Delist Notes from the NYSE
Rhea-AI Summary
Arlington Asset Investment Corp. (NYSE: AAIC) has announced its intention to voluntarily delist and deregister its 6.75% Senior Notes due 2025 and 6.000% Senior Notes due 2026 from the New York Stock Exchange (NYSE) in connection with the anticipated merger transaction with Ellington Financial Inc. (NYSE: EFC). The merger is expected to close on December 14, 2023, subject to the satisfaction of closing conditions. Following the merger, Arlington believes that the costs of compliance and resources required to maintain the listing of the Senior Notes on the NYSE will exceed the benefits, leading to the decision to delist and deregister the Senior Notes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
Tags
none
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News
Arlington Asset Investment Corp. Shareholders Approve Merger with Ellington Financial Inc.
Rhea-AI Summary
Arlington Asset Investment Corp. (NYSE: AAIC) shareholders have approved the merger with Ellington Financial Inc. (NYSE: EFC) with an overwhelming 98.2% of votes cast in favor. The merger is expected to result in the conversion of Arlington Common Stock into Ellington Financial common stock and cash consideration. The deal also involves the conversion of Arlington's preferred stock into newly-designated Ellington Financial preferred stock. The merger is anticipated to close on December 14, 2023, pending the satisfaction of closing conditions outlined in the Merger Agreement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
Tags
acquisition
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News
Arlington Asset Investment Corp. Reports Third Quarter 2023 Financial Results
Rhea-AI Summary
Arlington Asset Investment Corp. (NYSE: AAIC) reported Q3 2023 financial results, including a 3.5% decrease in book value and a special meeting for shareholders to vote on a proposed merger with Ellington Financial Inc. The company's investment portfolio includes MSR financing receivables, credit investments, and agency MBS. The weighted average yield on MSR financing receivables was 14.63% for Q3 2023. The credit investment portfolio at fair value was $128,488, with a weighted average leverage of 1.6. The agency MBS investment portfolio was $114,647, with a weighted average yield of 4.34% for Q3 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4%
Tags
earnings
News
Arlington Asset Investment Corp. Declares Third Quarter 2023 Dividends on Preferred Stock
Rhea-AI Summary
Arlington Asset Investment Corp. authorizes quarterly dividends for its preferred stocks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
Tags
dividends earnings
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News
Arlington Asset Investment Corp. Reports Second Quarter 2023 Financial Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
Tags
earnings
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News
Arlington Asset Investment Corp. Declares Second Quarter 2023 Dividends on Preferred Stock
Rhea-AI Summary
Arlington Asset Investment Corp. has announced quarterly dividends for its Series B and Series C preferred stocks. The dividends will be payable on June 30, 2023, to shareholders of record on June 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends earnings
News
Ellington Financial and Arlington Asset Investment Corp. Announce Definitive Merger Agreement
Rhea-AI Summary
Ellington Financial Inc. (NYSE: EFC) and Arlington Asset Investment Corp. (NYSE: AAIC) have entered into a definitive merger agreement. Under the agreement, Ellington Financial will acquire Arlington, resulting in a pro forma equity capital base of over $1.5 billion. Each share of Arlington common stock will be converted into 0.3619 shares of Ellington Financial common stock, and Arlington stockholders will also receive $3 million in cash. The offer price represents a 73% premium to Arlington's share price on May 26, 2023, and a 15% discount to diluted tangible book value per share as of March 31, 2023. The transaction is expected to close in the fourth quarter of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
47.64%
Tags
acquisition
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News
ELLINGTON FINANCIAL AND ARLINGTON ASSET INVESTMENT CORP. ANNOUNCE DEFINITIVE MERGER AGREEMENT
Rhea-AI Summary
Ellington Financial Inc. has announced its acquisition of Arlington Asset Investment Corp., creating a combined company with a pro forma equity capital base of over $1.5 billion. The deal involves each share of Arlington common stock being converted into 0.3619 shares of Ellington Financial common stock, along with $3 million in cash. The offer price of $4.77 per Arlington share represents a 73% premium to Arlington's share price on May 26, 2023. The transaction is expected to close in Q4 2023, subject to approval by Arlington's stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
47.64%
Tags
acquisition
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News
Arlington Asset Investment Corp. Reports First Quarter 2023 Financial Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
Tags
earnings
News
Arlington Asset Investment Corp. Reports Fourth Quarter and Full Year 2022 Financial Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.38%
Tags
earnings
Stock AAIC logo
Arlington Asset Investment Corp

NYSE:AAIC

AAIC Rankings

N/A Ranked by Market Cap
#570 Ranked by Stock Gains
N/A Ranked by Dividends

AAIC Stock Data

137.08M
27.03M
3.98%
43%
0.31%
Securities and Commodity Exchanges
Finance and Insurance
Link
US
Mc Lean

About AAIC

arlington asset investment corp. (nyse: ai) is a principal investment firm that currently acquires and holds a levered portfolio of residential mortgage-backed securities ("mbs"​), consisting of agency mbs and private-label mbs. agency mbs include residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by a u.s. government agency or government sponsored enterprise ("gse"​) such as fannie mae or freddie mac. private-label mbs, or non-agency mbs, include residential mbs that are not guaranteed by a gse or the u.s. government. the company prudently leverages its investment portfolio so as to increase potential returns to its shareholders. it funds its investments primarily through short-term financing arrangements, principally through repurchase agreements. the company enters into various hedging transactions to mitigate the interest rate sensitivity of its cost of borrowing and the value of its mbs portfolio. the company's common stock