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Best Mortgage Stocks to Buy Now (2024)
Top mortgage stocks in 2024 ranked by overall Zen Score. See the best mortgage stocks to buy now, according to analyst forecasts for the mortgage finance industry.

Industry: Mortgage Finance
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
WD
WALKER & DUNLOP INC
NYSE
Mortgage Finance
$3.14B$93.95-0.45%$442.14M26.77x1.49
COOP
MR COOPER GROUP INC
NASDAQ
Mortgage Finance
$4.77B$72.40-0.59%$1.09B10.48x2.12
SNFCA
SECURITY NATIONAL FINANCIAL CORP
NASDAQ
Mortgage Finance
$179.01M$7.79-0.26%$67.16M5.23x3.75
IOR
INCOME OPPORTUNITY REALTY INVESTORS INC
NYSEMKT
Mortgage Finance
$71.86M$17.2418.16%$7.40M12.49x0.00
GHI
GREYSTONE HOUSING IMPACT INVESTORS LP
NYSE
Mortgage Finance
$376.00M$16.400.00%$102.27M8.51x3.89
GHLD
GUILD HOLDINGS CO
NYSE
Mortgage Finance
$884.07M$14.47-1.56%$84.70M22.26x1.74
CNF
CNFINANCE HOLDINGS LTD
NYSE
Mortgage Finance
$137.16M$2.00-0.99%N/A5.48x2.67
VEL
VELOCITY FINANCIAL INC
NYSE
Mortgage Finance
$513.37M$15.66-0.13%$62.61M11.77x8.88
UWMC
UWM HOLDINGS CORP
NYSE
Mortgage Finance
$10.64B$6.67-1.48%$412.67M44.47x69.10
PFSI
PENNYMAC FINANCIAL SERVICES INC
NYSE
Mortgage Finance
$4.39B$87.05-0.01%$253.65M30.12x4.33
ECPG
ENCORE CAPITAL GROUP INC
NASDAQ
Mortgage Finance
$1.26B$53.420.21%$283.36M-242.82x2.97
AAMC
ALTISOURCE ASSET MANAGEMENT CORP
NYSEMKT
Mortgage Finance
$12.16M$4.400.92%-$19.84M-0.54x-0.16
OCN
OCWEN FINANCIAL CORP
NYSE
Mortgage Finance
$216.49M$28.202.03%$368.63M-2.57x28.23
LDI
LOANDEPOT INC
NYSE
Mortgage Finance
$834.78M$2.600.00%$19.07M-2.80x14.00
RKT
ROCKET COMPANIES INC
NYSE
Mortgage Finance
$21.81B$11.00-1.35%$223.16M-61.11x19.85

Mortgage Stocks FAQ

What are the best mortgage stocks to buy right now in Feb 2024?

According to Zen Score, the 3 best mortgage finance stocks to buy right now are:

1. Walker & Dunlop (NYSE:WD)


Walker & Dunlop (NYSE:WD) is the top mortgage stock with a Zen Score of 50, which is 28 points higher than the mortgage industry average of 22. It passed 18 out of 38 due diligence checks and has strong fundamentals. Walker & Dunlop has seen its stock return 8.34% over the past year, underperforming other mortgage stocks by -4 percentage points.

Walker & Dunlop has an average 1 year price target of $108.33, an upside of 15.31% from Walker & Dunlop's current stock price of $93.95.

Walker & Dunlop stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Walker & Dunlop, 0% have issued a Strong Buy rating, 66.67% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Mr Cooper Group (NASDAQ:COOP)


Mr Cooper Group (NASDAQ:COOP) is the second best mortgage stock with a Zen Score of 38, which is 16 points higher than the mortgage industry average of 22. It passed 12 out of 33 due diligence checks and has average fundamentals. Mr Cooper Group has seen its stock return 57.29% over the past year, overperforming other mortgage stocks by 45 percentage points.

Mr Cooper Group has an average 1 year price target of $78.83, an upside of 8.89% from Mr Cooper Group's current stock price of $72.40.

Mr Cooper Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Mr Cooper Group, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Security National Financial (NASDAQ:SNFCA)


Security National Financial (NASDAQ:SNFCA) is the third best mortgage stock with a Zen Score of 34, which is 12 points higher than the mortgage industry average of 22. It passed 13 out of 38 due diligence checks and has average fundamentals. Security National Financial has seen its stock return 15.05% over the past year, overperforming other mortgage stocks by 3 percentage points.

What are the mortgage stocks with highest dividends?

Out of 4 mortgage stocks that have issued dividends in the past year, the 3 mortgage stocks with the highest dividend yields are:

1. Greystone Housing Impact Investors (NYSE:GHI)


Greystone Housing Impact Investors (NYSE:GHI) has an annual dividend yield of 9.45%, which is 5 percentage points higher than the mortgage industry average of 4.01%. Greystone Housing Impact Investors's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Greystone Housing Impact Investors's dividend has shown consistent growth over the last 10 years.

Greystone Housing Impact Investors's dividend payout ratio of 82% indicates that its high dividend yield is sustainable for the long-term.

2. Guild Holdings Co (NYSE:GHLD)


Guild Holdings Co (NYSE:GHLD) has an annual dividend yield of 3.46%, which is -1 percentage points lower than the mortgage industry average of 4.01%.

Guild Holdings Co's dividend payout ratio of 76.9% indicates that its dividend yield is sustainable for the long-term.

3. Walker & Dunlop (NYSE:WD)


Walker & Dunlop (NYSE:WD) has an annual dividend yield of 2.68%, which is -1 percentage points lower than the mortgage industry average of 4.01%. Walker & Dunlop's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Walker & Dunlop's dividend has shown consistent growth over the last 10 years.

Walker & Dunlop's dividend payout ratio of 70.9% indicates that its dividend yield is sustainable for the long-term.

Why are mortgage stocks up?

Mortgage stocks were up 0.45% in the last day, and up 0.55% over the last week.

We couldn't find a catalyst for why mortgage stocks are up.

What are the most undervalued mortgage stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued mortgage stocks right now are:

1. Security National Financial (NASDAQ:SNFCA)


Security National Financial (NASDAQ:SNFCA) is the most undervalued mortgage stock based on WallStreetZen's Valuation Score. Security National Financial has a valuation score of 71, which is 41 points higher than the mortgage industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Security National Financial's stock has gained 15.05% in the past year. It has overperformed other stocks in the mortgage industry by 3 percentage points.

2. Mr Cooper Group (NASDAQ:COOP)


Mr Cooper Group (NASDAQ:COOP) is the second most undervalued mortgage stock based on WallStreetZen's Valuation Score. Mr Cooper Group has a valuation score of 71, which is 41 points higher than the mortgage industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Mr Cooper Group's stock has gained 57.29% in the past year. It has overperformed other stocks in the mortgage industry by 45 percentage points.

3. Walker & Dunlop (NYSE:WD)


Walker & Dunlop (NYSE:WD) is the third most undervalued mortgage stock based on WallStreetZen's Valuation Score. Walker & Dunlop has a valuation score of 57, which is 27 points higher than the mortgage industry average of 30. It passed 4 out of 7 valuation due diligence checks.

Walker & Dunlop's stock has gained 8.34% in the past year. It has underperformed other stocks in the mortgage industry by -4 percentage points.

Are mortgage stocks a good buy now?

33.33% of mortgage stocks rated by analysts are a strong buy right now. On average, analysts expect mortgage stocks to rise by 10.29% over the next year.

What is the average p/e ratio of the mortgage finance industry?

The average P/E ratio of the mortgage finance industry is -17.22x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.