Stephen Laws

Mortgage, student loan and financial services company Finance of America (NYSE: FOA) is trading higher Tuesday on news of an analyst upgrade and an index inclusion. What Happened: Raymond James analyst Stephen Laws upgraded shares of Finance of America to Strong Buy and announced a price...

In a report published Friday, Deutsche Bank analyst Stephen Laws reiterated a Hold rating and $15.00 price target on Western Asset Mortgage Capital Corp. (NYSE: WMC). In the report, Deutsche Bank noted, "On 3/26, WMC declared 1Q dividend of 67c, which is 3c below our estimate of 70c and down 3c...

Fifth Street Asset Management Inc (NASDAQ: FSAM) should see strong growth in its assets under management as traditional banks pull back from lending, an analyst said Monday. The Greenwich, Connecticut-based asset manager provides financing to companies with revenue between $25 million and $500...

Deutsche Bank initiated coverage on Fifth Street Asset Management Inc (NASDAQ: FSAM) with a Buy rating and $17 price target. According to analyst Stephen Laws, “FSAM manages permanent capital vehicles, private funds and a credit focused hedge fund and generates income from base...

On Tuesday, analysts at Deutsche Bank initiated coverage on shares of Eagle Point Credit Company Inc (NYSE: ECC) with a Buy rating and $22 price target. Stephen Laws expects Eagle Point to benefit from: 1) Investment opportunities in CLO equity and debt tranches, as issuance has increased in...

In a report published Monday, Deutsche Bank analyst Stephen Laws initiated coverage on Medley Management (NYSE: MDLY) with a Buy rating and $19.00 price target. In the report, Deutsche Bank noted, “We are initiating coverage of Medley Management with a Buy rating. MDLY manages permanent capital...

In a report published Wednesday, Deutsche Bank analyst Stephen Laws reiterated a Buy rating on NorthStar Realty Finance (NYSE: NRF), and raised the price target from $17.25 to $17.50. In the report, Deutsche Bank noted, “In this note, we review catalysts that we believe could occur in the next 12-...

In a report published Monday, Deutsche Bank analyst Stephen Laws downgraded the rating on TCP Capital (NASDAQ: TCPC) from Buy to Hold, but reiterated the $17.50 price target. In the report, Deutsche Bank noted, “TCPC reported solid 4Q results as NII of 40c beat our estimate on higher prepayment...

In a report published Monday, Deutsche Bank analyst Stephen Laws downgraded the rating on American Capital Mortgage Investment (NASDAQ: MTGE) from Buy to Hold, but reiterated the $20.50 price target. In the report, Deutsche Bank noted, “Given shares of MTGE are trading roughly 1% below our price...

In a report published Monday, Deutsche Bank analyst Stephen Laws downgraded the rating on CYS Investments (NYSE: CYS) from Buy to Hold, but reiterated the $8.75 price target. In the report, Deutsche Bank noted, “Given shares are trading in line with our target, which is based on 95% of 12/31 book...

In a report published Monday, Deutsche Bank analyst Stephen Laws downgraded the rating on New York Mortgage Trust (NASDAQ: NYMT) from Buy to Hold, but raised the price target from $7.00 to $7.75. In the report, Deutsche Bank “NYMT reported solid 4Q results as core EPS and NII were basically in...

In a report published Monday, Deutsche Bank analyst Stephen Laws initiated coverage on Ladder Capital Corp. (NYSE: LADR) with a Buy rating and $22.25 price target. In the report, Deutsche Bank noted, “We expect LADR to generate attractive returns given the improved operating environment and the...

In a report published Friday, Deutsche Bank analyst Stephen Laws initiated coverage on Prospect Capital (NASDAQ: PSEC) with a Buy rating and $12.25 price target. In the report, Deutsche Bank noted, “We expect the portfolio to continue generating attractive ROEs with strong credit results. We...

In a report published Wednesday, Deutsche Bank analyst Stephen Laws initiated a Buy rating on Altisource Residential (NYSE: RESI) and initiated a price target of $31.00. In the report, Deutsche Bank says "As RESI continues to process its portfolio of sub- and non-performing loans, we expect the...

In a report published Thursday, Deutsche Bank analyst Stephen Laws reiterated a Hold rating on Ellington Residential Mortgage REIT (NYSE: EARN), but lowered the price target from $19.25 to $16.75. In the report, Deutsche Bank noted, “While core EPS were 5c below our estimate due to lower...