FC.TO - Firm Capital Mortgage Investment Corporation

Toronto - Toronto Delayed Price. Currency in CAD
13.71
+0.14 (+1.03%)
As of 10:50AM EDT. Market open.
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Previous Close13.57
Open13.52
Bid13.68 x 0
Ask13.72 x 0
Day's Range13.52 - 13.71
52 Week Range12.59 - 13.97
Volume11,465
Avg. Volume22,039
Market Cap385.893M
Beta (3Y Monthly)0.18
PE Ratio (TTM)14.24
EPS (TTM)0.96
Earnings DateMar 18, 2019 - Mar 22, 2019
Forward Dividend & Yield0.94 (6.95%)
Ex-Dividend Date2019-07-30
1y Target Est10.66
  • GlobeNewswire9 days ago

    Firm Capital Mortgage Investment Corporation Announces Monthly Cash Dividends

    The Corporation has in place a Dividend Reinvestment Plan (“DRIP”) and Share Purchase Plan that is available to its shareholders.  Shareholders are reminded that they can participate in the Corporation’s Dividend Reinvestment Plan and Share Purchase Plan.

  • GlobeNewswirelast month

    Firm Capital Mortgage Investment Corporation Announces Results of Voting at Annual General and Special Meeting

    /NOT FOR DISTRIBUTION OVER U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, June 19, 2019 -- Firm Capital Mortgage Investment Corporation (the.

  • GlobeNewswire2 months ago

    Firm Capital Mortgage Investment Corporation Closes $2.8 Million Private Placement

    Firm Capital Mortgage Investment Corporation (the “Corporation”) (FC.TO) is pleased to announce that it has closed a non-brokered private placement (the “Private Placement”). The Corporation closed on 209,630 common shares (“Common Shares”) for gross proceeds of approximately $2.8 million. The Corporation intends to use the net proceeds of the Private Placement to repay indebtedness, for funding new investments and for general corporate purposes.

  • GlobeNewswire2 months ago

    Firm Capital Mortgage Investment Corporation Announces Q1/2019 Results

    Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX FC) released its financial statements for the three months ended March 31, 2019. The investment portfolio as at March 31, 2019 increased by $28.8 million to $549.7 million in comparison to $520.9 million as at December 31, 2018 (gross of provision). Profit for the quarter represents an annualized return on shareholders’ equity of 8.97%.

  • GlobeNewswire4 months ago

    Firm Capital Mortgage Investment Corporation Announces Year Ended and Q4/2018 Results

    Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX FC) released its financial statements for the three and twelve months ended December 31, 2018. Fourth quarter profit represents an annual return on shareholders’ equity of 9.01%.

  • GlobeNewswire5 months ago

    Firm Capital Mortgage Investment Corporation Closes $23 Million Bought Deal Financing

    Firm Capital Mortgage Investment Corporation (the “Corporation”) (FC.TO) is pleased to announce that it has closed its previously announced bought deal offering (the “Offering”) of 1,748,000 common shares (the “Offered Shares”) at a price of $13.20 per Offered Share, which includes the exercise in full by the Underwriters (as defined hereinafter) of their option to purchase up to 228,000 additional Offered Shares. The Offering was underwritten by a syndicate of underwriters that was led by CIBC Capital Markets, National Bank Financial Inc. and Scotiabank, and which included RBC Capital Markets, TD Securities Inc., Canaccord Genuity Corp., Desjardins Securities Inc., Industrial Alliance Securities Inc., Echelon Wealth Partners Inc. and GMP Securities L.P. (collectively, the “Underwriters”).

  • Read This Before Considering Firm Capital Mortgage Investment Corporation (TSE:FC) For Its Upcoming CA$0.12 Dividend
    Simply Wall St.5 months ago

    Read This Before Considering Firm Capital Mortgage Investment Corporation (TSE:FC) For Its Upcoming CA$0.12 Dividend

    Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Attention dividend hunters! Firm Capital Mortgage Investment Corporation (TSE:FC) willRead More...

  • GlobeNewswire5 months ago

    Firm Capital Mortgage Investment Corporation Announces $20 Million Bought Deal Financing

    Firm Capital Mortgage Investment Corporation (the “Corporation”) (FC.TO) is pleased to announce that it has entered into an agreement to sell, on a bought deal basis, to a syndicate of underwriters bookrun by CIBC Capital Markets, National Bank Financial Inc. and Scotiabank, 1,520,000 common shares (the “Common Shares”) at a price of $13.20 per Common Share for gross proceeds of $20,064,000. The Corporation has granted the underwriters an over-allotment option to purchase up to an additional 228,000 Common Shares exercisable, in whole or in part, at any time until 30 days following the closing of the offering. The Common Shares will be issued pursuant to a prospectus supplement that will be filed with the securities regulatory authorities in all provinces of Canada under the Corporation’s base shelf prospectus dated July 17, 2017 and may also be offered by way of private placement into the United States pursuant to Rule 144A.

  • CNW Group6 months ago

    Firm Capital Mortgage Investment Corporation: Confirmation of Special Year-End Dividend Amount and Announces Monthly Cash Dividends

    TORONTO, Jan. 9, 2019 /CNW/ - Firm Capital Mortgage Investment Corporation (the "Corporation") (TSX:FC.TO - News) is pleased to confirm the previously announced special year-end dividend of $0.05 per share. Accordingly, a special year-end dividend is being made to distribute all of the Corporation's net income earned in 2018. The special dividend is not indicative of future performance by the Corporation.

  • ACCESSWIRE6 months ago

    Today's Research Reports on Pinetree Capital, Firm Capital Mortgage Investment, High Liner Foods Incorporated and Gluskin Sheff + Associates

    NEW YORK, NY / ACCESSWIRE / January 9, 2019 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

  • CNW Group7 months ago

    Firm Capital Mortgage Investment Corporation Announces Completion of Early Redemption of 5.40% Debentures

    TORONTO, Dec. 27, 2018 /CNW/ - Firm Capital Mortgage Investment Corporation (the "Corporation") (TSX:FC.TO - News) is pleased to announce that it has completed the early redemption (the "Redemption") and cancellation of its outstanding 5.40% convertible unsecured subordinated debentures, which were scheduled to mature on February 28, 2019 (the "Debentures"). Pursuant to the Redemption, the Debentures were redeemed for cash and will cease trading on the Toronto Stock Exchange under the symbol FC.DB.B, subsequent to the date hereof. The Corporation, through its mortgage banker, Firm Capital Corporation, is a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine and equity investments.

  • Are Insiders Selling Firm Capital Mortgage Investment Corporation (TSE:FC) Stock?
    Simply Wall St.7 months ago

    Are Insiders Selling Firm Capital Mortgage Investment Corporation (TSE:FC) Stock?

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On the other hand, we'd be remiss not to mention Read More...

  • CNW Group7 months ago

    Firm Capital Mortgage Investment Corporation announces December estimated special and regular dividend amounting to $0.128 per share

    TORONTO, Dec. 12, 2018 /CNW/ - Firm Capital Mortgage Investment Corporation (the "Corporation") (TSX:FC.TO - News) announces its monthly cash dividend for December in the amount of $0.078 per share. The Corporation also announces an estimated special year-end cash dividend (the "Special Dividend") of $0.05 per share. The precise amount of the Special Dividend will be confirmed prior to the payment date.

  • CNW Group8 months ago

    Firm Capital Mortgage Investment Corporation Announces Redemption of 5.40% Debentures

    TORONTO, Nov. 23, 2018 /CNW/ - Firm Capital Mortgage Investment Corporation (the "Corporation") (TSX:FC.TO - News) is pleased to announce that it intends to redeem early its outstanding $25,738,000 aggregate principal amount of 5.40% convertible unsecured subordinated debentures of the Corporation (the "Debentures") due February 28, 2019, effective December 27, 2018 (the "Redemption Date"). A redemption notice has been delivered to the Debenture trustee and provides for the cash redemption of the aggregate principal amount of $25,738,000 and all accrued and unpaid interest to but excluding the Redemption Date.

  • CNW Group8 months ago

    Firm Capital Mortgage Investment Corporation Closes $25,000,000 Bought Deal Financing

    TORONTO, Nov. 23, 2018 /CNW/ - Firm Capital Mortgage Investment Corporation (the "Corporation") (TSX:FC.TO - News) is pleased to announce that it has closed its previously announced bought deal offering (the "Offering") of $25,000,000 aggregate principal amount of 5.50% convertible unsecured subordinated debentures of the Corporation (the "Debentures") due January 31, 2026 at a price of $1,000 per Debenture. Each Debenture is convertible into common shares of the Corporation at the option of the holder at a conversion price of $14.60 per common share (or approximately 68.4932 common shares per $1,000 principal amount of Debentures). The Offering was underwritten by a syndicate of underwriters that was co-led by TD Securities Inc., CIBC Capital Markets and Scotiabank, and which included National Bank Financial Inc., RBC Dominion Securities Inc., Canaccord Genuity Corp., Desjardins Securities Inc., Industrial Alliance Securities Inc., Echelon Wealth Partners Inc. and GMP Securities L.P. (collectively, the "Underwriters").

  • ACCESSWIRE8 months ago

    Today's Research Reports on Labrador Iron Ore Royalty, CI Financial, Alaris Royalty and Firm Capital Mortgage Investment

    NEW YORK, NY / ACCESSWIRE / November 16, 2018 / MarketEdge Report strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with ...

  • GlobeNewswire8 months ago

    Firm Capital Mortgage Investment Corporation Announces $25 Million Bought Deal Financing

    Firm Capital Mortgage Investment Corporation (the “Corporation”) (FC.TO) is pleased to announce that it has entered into an agreement to sell, on a bought deal basis, to a syndicate of underwriters bookrun by TD Securities Inc., CIBC Capital Markets and Scotiabank, $25,000,000 aggregate principal amount of 5.50% convertible unsecured subordinated debentures due January 31, 2026 (the “Debentures”) at a price of $1,000 per Debenture. The Corporation has granted the underwriters an over-allotment option to purchase up to $3,750,000 additional aggregate principal amount of Debentures, exercisable, in whole or in part, at any time until 30 days following the closing of the offering. The Debentures will bear interest at a rate of 5.50% per annum, payable semi-annually in arrears on the last day of June and December in each year commencing on June 30, 2019, and will mature on January 31, 2026 (the “Maturity Date”).

  • CNW Group8 months ago

    Firm Capital Mortgage Investment Corporation Announces Q3/2018 Results

    TORONTO, Nov. 7, 2018 /CNW/ - Firm Capital Mortgage Investment Corporation (the "Corporation") (TSX FC) released its financial statements for the three and nine months ended September 30, 2018. Weighted average portfolio interest rate increased by 2 basis points to 8.11% from December 31, 2017. Third quarter profit represents an annualized return on shareholders' equity of 9.69%.

  • ACCESSWIRE9 months ago

    Today's Research Reports on Canadian Imperial Bank of Commerce, Alaris Royalty, Firm Capital Mortgage and Cymbria

    NEW YORK, NY / ACCESSWIRE / October 17, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • Bullish on Real Estate? 4 Stocks That Pay Dividend Yields up to 7.5%
    The Motley Fool10 months ago

    Bullish on Real Estate? 4 Stocks That Pay Dividend Yields up to 7.5%

    Here are four stocks to trade and gain exposure to real estate business. Genworth MI Canada Inc. (TSX:MIC) has led the pack, up 20% in one year.

  • ACCESSWIRE10 months ago

    Today's Research Reports on Tricon Capital Group, Firm Capital Mortgage Investment, Cymbria and Equitable Group

    NEW YORK, NY / ACCESSWIRE / September 18, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • Simply Wall St.10 months ago

    With An ROE Of 15.6%, Has Firm Capital Property Trust’s (CVE:FCD.UN) Management Done Well?

    This analysis is intended to introduce important early concepts to people who are starting to invest and want to learn about Return on Equity using a real-life example. With anRead More...

  • Should You Bet the Farm on This 8% Yield?
    The Motley Fool11 months ago

    Should You Bet the Farm on This 8% Yield?

    Investing in mortgages can be a lucrative endeavour, but the average investor is better off doing it through a company like MCAN Mortgage Corporation (TSX:MCAN). Here’s why.