WallStreetZenWallStreetZen

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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
WD
WALKER & DUNLOP INC
$3.01B$89.89$96.677.54%Hold38.43%287.50%N/AN/A
VEL
VELOCITY FINANCIAL INC
$535.35M$16.24$18.3012.68%Buy5-19.65%N/AN/AN/A
GHI
GREYSTONE HOUSING IMPACT INVESTORS LP
$352.25M$15.32$20.0030.55%Strong Buy1-3.43%N/AN/AN/A
IOR
INCOME OPPORTUNITY REALTY INVESTORS INC
$69.88M$17.00N/AN/AN/AN/AN/AN/AN/AN/A
COOP
MR COOPER GROUP INC
$4.88B$75.49$82.509.29%Strong Buy618.65%N/AN/AN/A
CNF
CNFINANCE HOLDINGS LTD
$123.45M$1.80N/AN/AN/AN/AN/AN/AN/AN/A
SNFCA
SECURITY NATIONAL FINANCIAL CORP
$154.24M$6.70N/AN/AN/AN/AN/AN/AN/AN/A
PFSI
PENNYMAC FINANCIAL SERVICES INC
$4.39B$87.11$97.0011.35%Strong Buy637.04%N/AN/AN/A
GHLD
GUILD HOLDINGS CO
$855.46M$14.00$15.6711.91%Hold338.68%N/AN/AN/A
ECPG
ENCORE CAPITAL GROUP INC
$987.48M$41.94$56.0033.52%Buy114.51%N/AN/AN/A
UWMC
UWM HOLDINGS CORP
$9.69B$6.07$5.33-12.14%Sell339.47%N/AN/AN/A
LDI
LOANDEPOT INC
$759.26M$2.35$2.25-4.26%Sell216.03%N/AN/AN/A
OCN
OCWEN FINANCIAL CORP
$177.74M$23.13$39.0068.61%Buy21.49%N/AN/AN/A
AAMC
ALTISOURCE ASSET MANAGEMENT CORP
$9.26M$3.63N/AN/AN/AN/AN/AN/AN/AN/A
RKT
ROCKET COMPANIES INC
$23.17B$11.67$10.78-7.62%Sell8N/AN/AN/AN/A

Mortgage Stocks FAQ

What are the best mortgage stocks to buy right now in Apr 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 45, which is 27 points higher than the mortgage industry average of 18. It passed 16 out of 38 due diligence checks and has strong fundamentals. Walker & Dunlop has seen its stock return 24.45% over the past year, overperforming other mortgage stocks by 16 percentage points.

Walker & Dunlop has an average 1 year price target of $96.67, an upside of 7.54% from Walker & Dunlop's current stock price of $89.89.

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

2. Velocity Financial (NYSE:VEL)


Velocity Financial (NYSE:VEL) is the second best mortgage stock with a Zen Score of 43, which is 25 points higher than the mortgage industry average of 18. It passed 14 out of 33 due diligence checks and has strong fundamentals. Velocity Financial has seen its stock return 81.25% over the past year, overperforming other mortgage stocks by 72 percentage points.

Velocity Financial has an average 1 year price target of $18.30, an upside of 12.68% from Velocity Financial's current stock price of $16.24.

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.

3. Greystone Housing Impact Investors (NYSE:GHI)


Greystone Housing Impact Investors (NYSE:GHI) is the third best mortgage stock with a Zen Score of 30, which is 12 points higher than the mortgage industry average of 18. It passed 10 out of 38 due diligence checks and has average fundamentals. Greystone Housing Impact Investors has seen its stock lose -7.94% over the past year, underperforming other mortgage stocks by -17 percentage points.

Greystone Housing Impact Investors has an average 1 year price target of $20.00, an upside of 30.55% from Greystone Housing Impact Investors's current stock price of $15.32.

Greystone Housing Impact Investors stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Greystone Housing Impact Investors, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the mortgage stocks with highest dividends?

Out of 3 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 10.09%, which is 6 percentage points higher than the mortgage industry average of 4.24%. Greystone Housing Impact Investors's dividend payout is not stable, having dropped more than 10% five 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 74.9% 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 3.57%, which is -1 percentage points lower than the mortgage industry average of 4.24%.

Guild Holdings Co's dividend payout ratio of -78.1% indicates that its dividend yield might not be sustainable for the long-term.

3. Walker & Dunlop (NYSE:WD)


Walker & Dunlop (NYSE:WD) has an annual dividend yield of 2.83%, which is -1 percentage points lower than the mortgage industry average of 4.24%. 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 78.7% indicates that its dividend yield is sustainable for the long-term.

Why are mortgage stocks down?

Mortgage stocks were down -1.25% in the last day, and down -5.15% over the last week.

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

What are the most undervalued mortgage stocks?

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

1. Velocity Financial (NYSE:VEL)


Velocity Financial (NYSE:VEL) is the most undervalued mortgage stock based on WallStreetZen's Valuation Score. Velocity Financial has a valuation score of 57, which is 32 points higher than the mortgage industry average of 25. It passed 4 out of 7 valuation due diligence checks.

Velocity Financial's stock has gained 81.25% in the past year. It has overperformed other stocks in the mortgage industry by 72 percentage points.

2. Security National Financial (NASDAQ:SNFCA)


Security National Financial (NASDAQ:SNFCA) is the second most undervalued mortgage stock based on WallStreetZen's Valuation Score. Security National Financial has a valuation score of 57, which is 32 points higher than the mortgage industry average of 25. It passed 4 out of 7 valuation due diligence checks.

Security National Financial's stock has dropped -0.27% in the past year. It has underperformed other stocks in the mortgage industry by -9 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 32 points higher than the mortgage industry average of 25. It passed 4 out of 7 valuation due diligence checks.

Walker & Dunlop's stock has gained 24.45% in the past year. It has overperformed other stocks in the mortgage industry by 16 percentage points.

Are mortgage stocks a good buy now?

27.27% of mortgage stocks rated by analysts are a strong buy right now. On average, analysts expect mortgage stocks to rise by 15.73% 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 -47.28x.
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.