Last $695.00 USD
Change Today +12.68 / 1.86%
Volume 6.6K
AAMC On Other Exchanges
Symbol
Exchange
NYSE Amex
As of 8:04 PM 09/17/14 All times are local (Market data is delayed by at least 15 minutes).

altisource asset management (AAMC) Snapshot

Open
$675.00
Previous Close
$682.32
Day High
$705.00
Day Low
$675.00
52 Week High
01/15/14 - $1,209
52 Week Low
09/19/13 - $356.00
Market Cap
1.6B
Average Volume 10 Days
10.5K
EPS TTM
$5.73
Shares Outstanding
2.2M
EX-Date
--
P/E TM
121.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for ALTISOURCE ASSET MANAGEMENT (AAMC)

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altisource asset management (AAMC) Details

Altisource Asset Management Corporation provides asset management and corporate governance services for institutional investors in the United States. The company offers its services under a residential asset management agreement to Altisource Residential Corporation, which acquires and owns single-family rental assets. It also provides management services to NewSource Reinsurance Company Ltd, a title insurance and reinsurance company. The company was founded in 2012 and is headquartered in Frederiksted, Virgin Islands.

7 Employees
Last Reported Date: 02/20/14
Founded in 2012

altisource asset management (AAMC) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $325.0K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $166.5K
General Counsel and Secretary
Total Annual Compensation: $248.0K
Executive Vice President of Corporate Develop...
Total Annual Compensation: $296.2K
Compensation as of Fiscal Year 2013.

altisource asset management (AAMC) Key Developments

Altisource Asset Management Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Altisource Asset Management Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total rental revenues and net gain on mortgage loans of $116,042,000 compared to $8,884,000 for the same period a year ago. Income before income taxes was $80,821,000 compared to $3,728,000 last year. Net income was $81,012,000 compared to $3,728,000 last year. Net income attributable to common stockholders was $13,230,000 or $4.60 per diluted share compared to net loss attributable to common stockholders of $1,499,000 or $0.64 per basic and diluted share last year. Rental revenues were $181,000. For the quarter, on non-GAAP basis, the company reported total rental revenues and net gain on mortgage loans of $15,714,000 compared to $1,156,000 last year. Income before income taxes was $13,337,000. Net income was $13,106,000 compared to net loss of $1,499,000 last year. Net income attributable to common stockholders was $13,106,000 compared to net loss attributable to common stockholders of $1,499,000 last year. For the six months, the company reported total rental revenues and net gain on mortgage loans of $190,562,000 compared to $10,399,000 for the same period a year ago. Income before income taxes was $130,328,000 compared to $1,904,000 last year. Net income was $129,753,000 compared to $1,904,000 last year. Net income attributable to common stockholders was $20,058,000 or $7.00 per diluted share compared to net loss attributable to common stockholders of $2,339,000 or $1.00 per diluted share last year. Rental revenues were $250,000. For the six months, on non-GAAP basis, the company reported total rental revenues and net gain on mortgage loans of $28,405,000 compared to negative $2,057,000 last year. Income before income taxes was $20,824,000. Net income was $20,275,000 compared to net loss of $2,339,000 last year. Net income attributable to common stockholders was $20,275,000 compared to net loss attributable to common stockholders of $2,339,000 last year.

Altisource Asset Management Corporation to Report Q2, 2014 Results on Jul 22, 2014

Altisource Asset Management Corporation announced that they will report Q2, 2014 results on Jul 22, 2014

Altisource Asset Management Corporation, Q2 2014 Earnings Call, Jul 22, 2014

Altisource Asset Management Corporation, Q2 2014 Earnings Call, Jul 22, 2014

 

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AAMC

Industry Average

Valuation AAMC Industry Range
Price/Earnings 100.0x
Price/Sales 6.1x
Price/Book NM Not Meaningful
Price/Cash Flow 88.6x
TEV/Sales NM Not Meaningful
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