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 41, which is 19 points higher than the mortgage industry average of 22. It passed 15 out of 38 due diligence checks and has strong fundamentals. Walker & Dunlop has seen its stock return 48.84% over the past year, overperforming other mortgage stocks by 30 percentage points.
Walker & Dunlop has an average 1 year
price target of $100.00, a downside of -2.4% from Walker & Dunlop's current stock price of $102.46.
Walker & Dunlop stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Walker & Dunlop, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% 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 36, which is 14 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 91.5% over the past year, overperforming other mortgage stocks by 72 percentage points.
Mr Cooper Group has an average 1 year
price target of $89.33, an upside of 6.07% from Mr Cooper Group's current stock price of $84.22.
Mr Cooper Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Mr Cooper Group, 50% have issued a Strong Buy rating, 33.33% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Velocity Financial (NYSE:VEL)
Velocity Financial (NYSE:VEL) is the third best mortgage stock with a Zen Score of 35, which is 13 points higher than the mortgage industry average of 22. It passed 12 out of 33 due diligence checks and has average fundamentals. Velocity Financial has seen its stock return 101.13% over the past year, overperforming other mortgage stocks by 82 percentage points.
Velocity Financial has an average 1 year
price target of $18.60, an upside of 4.61% from Velocity Financial's current stock price of $17.78.
Velocity Financial stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Velocity Financial, 40% have issued a Strong Buy rating, 40% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.