THORNBURG MTG INC TMA (NYSE) $ 2.61 Change: -0.37 -14.18% | Volume: 1,031,266

THORNBURG MTG - Fundamental Profile

Company Information

Ticker Symbol: TMA
Exchange: NYSE
Contact Info: 150 Washington Avenue Santa Fe NM 87501 505-989-1900
CEO/President: Garrett Thornburg
Industry: REIT - Mortgage Trusts / Standard Industry Code: 6798
Description: Thornburg Mortgage Asset Corp is a mortgage acquisition company that primarily invests in adjustable-rate mortgage assets comprised of ARM securities and ARM loans, thereby indirectly providing capital to the single family residential housing market. ARM securities representinterests in pools of ARM loans, which often include guarantees or other credit enhancements against losses from loan defaults. While the Company is not a bank or savings and loan, its business purpose, strategy, method of operation and risk profile are best understood in comparison to such institutions.

Share Information

Shares Outstanding: 386,920 (000) Market Value: 125,410 ($000)
Percentage of Inst.Shareholders: 20.91% Number of Inst.Shareholders: 18.90%
Last Quarter Sales: 509.31 ($Mil.) Last Quarter Net Income: 412.31 ($Mil.)
Last Quarter EPS: 0.04 P/E Ratio: 0
Most Recent Earnings: 0.84 on 08/25/08 Earnings Per Share: -28.30
Most Recent Split: Annual Dividend Rate: 2.5
Most Recent Dividend: 0.250 on 12/27/07 Annual Dividend Yield: 77.16%
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