Pink Sheets: Origen Financial Inc. (ORGN) news stock charts
Origen Financial Inc. (ORGN/ORGN.PK) Penny Investment Summary:
Origen Financial, Inc. operates as a real estate investment trust (REIT) in the United States. It engages in managing residual interests in its securitized loan portfolios. The company qualifies as a REIT for federal income tax purposes. It would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1996 and is based in Southfield, Michigan.www.origenfinancial.com
27 Employees
Founded in 1996
ORIGEN FINANCIAL INC (ORGN:OTC)
LAST $1.50 USD
CHANGE TODAY +0.02 1.35%
VOLUME 28.0K
As of 5:20 PM 03/18/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of ORIGEN FINANCIAL INC (ORGN)
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OPEN
$1.60
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PREVIOUS CLOSE
$1.48
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DAY HIGH
$1.60
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DAY LOW
$1.50
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52 WEEK HIGH
03/12/10 - $1.79
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52 WEEK LOW
03/20/09 - $0.50
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MARKET CAP
38.9M
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AVERAGE VOLUME 10 D
8.3K
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EPS TTM
$-0.27
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SHARES OUTSTANDING
25.9M
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EX-DATE
09/18/08
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P/E TTM
--
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DIVIDEND
--
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DIVIDEND YIELD
0.00%
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| K = Thousands M = Millions B = Billions | ||
Key developments for ORIGEN FINANCIAL INC (ORGN)
Origen Financial Announces Preliminary Unaudited Results for the Fourth Quarter and Full Year of 2009
03/9/2010
Origen Financial Inc. announced a preliminary unaudited net loss of $2.3 million, or $0.09 per share, for the fourth quarter of 2009, and $8.6 million, or $0.33 for the full year 2009.
Origen Financial Inc. expected to Report Q1 2010 Results on May 10, 2010. This event was calculated by Capital IQ (Created on March 9, 2010).
03/9/2010
Origen Financial Inc. expected to Report Q1 2010 Results on May 10, 2010. This event was calculated by Capital IQ (Created on March 9, 2010).
Origen Financial Inc. to Report Q4, 2009 Final Results on 03/18/2010
03/9/2010
Origen Financial Inc. announced that they will report Q4, 2009 final results on 03/18/2010
Origen Financial Inc. financial resources
ORGN Competitors
| Company | Last | Change | |
| No competitor information is available for ORGN. | |||
| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | ORGN | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 2.6x |
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| Price/Book | 0.4x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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ORGN |
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ORGN transactions
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| No transactions in the last 6 months. | ||
Pink Sheets: More Recent Financial News About Origen Financial Inc.
Origen Financial Announces Preliminary Unaudited Fourth Quarter and Full Year 2009 Results
2010-03-17 08:22:27
Quote: SOUTHFIELD, Mich., March 9 /PRNewswire-FirstCall/ -- Origen Financial, Inc. ORGN.pkNews), a real estate investment trust that manages residual interests in securitized manufactured housing loan portfolios, today announced a preliminary unaudited net loss of $2.3 million, or $0.09 per share, for the fourth quarter of 2009, and $8.6 million, or $0.33 for the full year 2009. Â Sun Communities, Inc. ("Sun"), an owner of approximately 19 percent of Origen's outstanding common stock, is required to ...Read article
Origen Financial Announces Preliminary Unaudited Fourth Quarter and Full Year 2009 Results
2010-03-10 08:29:25
Quote: SOUTHFIELD, Mich., March 9 /PRNewswire-FirstCall/ -- Origen Financial, Inc. ORGN.pkNews), a real estate investment trust that manages residual interests in securitized manufactured housing loan portfolios, today announced a preliminary unaudited net loss of $2.3 million, or $0.09 per share, for the fourth quarter of 2009, and $8.6 million, or $0.33 for the full year 2009. Â Sun Communities, Inc. ("Sun"), an owner of approximately 19 percent of Origen's outstanding common stock, is required to ...Read article
Origen Financial Announces Preliminary Unaudited Third Quarter 2009 Results
2009-11-30 02:03:47
Quote: 5 /PRNewswire-FirstCall/ -- Origen Financial, Inc. ORGNNews), a real estate investment trust that manages residual interests in securitized manufactured housing loan portfolios, today announced a preliminary unaudited net loss of $4.3 million, or $0.17 per share, for the third quarter of 2009.Sun Communities, Inc., an owner of approximately 19 percent of Origen's outstanding common stock, is required to report certain financial results and information of Origen as part of its accelerated SEC rep...Read article
ORIGEN FINANCIAL INC Files SEC form 10-K, Annual Report
2009-11-30 02:03:47
Quote: The notes to the financial
statements provide information about us, as well as the basis for presentation
used in this Form 10-K.
Overview
In October 2003, we began operations upon the acquisition of all of the
equity interests of Origen Financial L.L.C. We also took steps to qualify Origen
Financial, Inc. as a REIT. In the second quarter of 2004, we completed the
initial public offering of our common stock. Through March 2008 our business was
to originate, purchase and service manufactured ho...Read article
ORIGEN FINANCIAL INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
2009-11-30 02:03:47
Quote: Item 5.02Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
(e) On December 15, Origen Financial, Inc. ("Origen") amended its split-dollar
life insurance plan pursuant to the terms set forth in the First Amendment to
the Origen Financial, LLC Endorsement Split-Dollar Plan ("Amended Split-Dollar
Plan"). Additionally, on that same date, Origen amended its non-qualified
deferred com...Read article
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