WallStreetZenWallStreetZen

Sectors & IndustriesReal EstateREIT - Mortgage
Best Mortgage REIT Stocks to Buy Now (2024)
Top mortgage reit stocks in 2024 ranked by overall Zen Score. See the best mortgage reit stocks to buy now, according to analyst forecasts for the reit - mortgage industry.

Industry: REIT - Mortgage
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
LFT
LUMENT FINANCE TRUST INC
NYSE
REIT - Mortgage
$114.95M$2.20-0.45%$19.72M7.59x5.01
RC
READY CAPITAL CORP
NYSE
REIT - Mortgage
$1.54B$8.940.90%$337.68M3.97x3.86
ABR
ARBOR REALTY TRUST INC
NYSE
REIT - Mortgage
$2.41B$12.79-1.31%$471.62M7.15x4.00
REFI
CHICAGO ATLANTIC REAL ESTATE FINANCE INC
NASDAQ
REIT - Mortgage
$292.61M$16.08-0.80%$38.71M7.51x0.32
MITT
AG MORTGAGE INVESTMENT TRUST INC
NYSE
REIT - Mortgage
$171.12M$5.810.17%$53.78M3.46x10.60
LOAN
MANHATTAN BRIDGE CAPITAL INC
NASDAQ
REIT - Mortgage
$54.22M$4.74-1.04%$8.01M9.88x0.78
BXMT
BLACKSTONE MORTGAGE TRUST INC
NYSE
REIT - Mortgage
$3.51B$20.230.50%$251.92M14.15x4.50
PMT
PENNYMAC MORTGAGE INVESTMENT TRUST
NYSE
REIT - Mortgage
$1.22B$14.13-0.14%$244.40M7.85x5.70
ACRE
ARES COMMERCIAL REAL ESTATE CORP
NYSE
REIT - Mortgage
$413.61M$7.60-1.43%-$37.89M-10.56x2.64
STWD
STARWOOD PROPERTY TRUST INC
NYSE
REIT - Mortgage
$6.34B$20.230.60%$1.83B18.91x10.00
SACH
SACHEM CAPITAL CORP
NYSEMKT
REIT - Mortgage
$202.74M$4.475.42%$51.66M9.51x1.71
RITM
RITHM CAPITAL CORP
NYSE
REIT - Mortgage
$5.25B$10.87-0.46%$744.42M9.79x4.03
FBRT
FRANKLIN BSP REALTY TRUST INC
NYSE
REIT - Mortgage
$1.07B$13.06-1.51%$150.87M9.20x2.75
MFA
MFA FINANCIAL INC
NYSE
REIT - Mortgage
$1.15B$11.29-0.62%$80.16M24.54x4.67
CIM
CHIMERA INVESTMENT CORP
NYSE
REIT - Mortgage
$1.07B$4.42-2.21%$126.21M19.22x4.05
ARI
APOLLO COMMERCIAL REAL ESTATE FINANCE INC
NYSE
REIT - Mortgage
$1.58B$11.14-0.09%$66.82M38.41x3.21
NYMT
NEW YORK MORTGAGE TRUST INC
NASDAQ
REIT - Mortgage
$653.24M$7.16-0.69%-$23.97M-7.23x3.66
AOMR
ANGEL OAK MORTGAGE REIT INC
NYSE
REIT - Mortgage
$264.63M$10.600.66%$34.96M7.79x8.01
EFC
ELLINGTON FINANCIAL INC
NYSE
REIT - Mortgage
$967.63M$11.37-0.26%$84.54M12.78x9.08
LADR
LADDER CAPITAL CORP
NYSE
REIT - Mortgage
$1.38B$10.90-1.00%$136.81M13.46x2.60
KREF
KKR REAL ESTATE FINANCE TRUST INC
NYSE
REIT - Mortgage
$692.45M$9.99-1.38%-$30.14M-12.81x4.37
EARN
ELLINGTON RESIDENTIAL MORTGAGE REIT
NYSE
REIT - Mortgage
$129.42M$6.532.19%$4.56M21.06x5.94
AGNC
AGNC INVESTMENT CORP
NASDAQ
REIT - Mortgage
$6.67B$9.60-0.31%$278.00M192.00x7.67
ACR
ACRES COMMERCIAL REALTY CORP
NYSE
REIT - Mortgage
$89.49M$11.550.87%$27.68M33.00x4.02
CHMI
CHERRY HILL MORTGAGE INVESTMENT CORP
NYSE
REIT - Mortgage
$104.17M$3.471.17%-$34.27M-2.04x4.44
AJX
GREAT AJAX CORP
NYSE
REIT - Mortgage
$92.54M$3.37-6.13%-$46.83M-1.68x3.32
NREF
NEXPOINT REAL ESTATE FINANCE INC
NYSE
REIT - Mortgage
$231.77M$13.45-1.68%-$4.49M-20.69x18.71
ORC
ORCHID ISLAND CAPITAL INC
NYSE
REIT - Mortgage
$443.26M$8.640.23%-$39.23M-9.71x8.08
IVR
INVESCO MORTGAGE CAPITAL INC
NYSE
REIT - Mortgage
$441.96M$9.12-0.65%-$15.86M-10.73x5.75
ARR
ARMOUR RESIDENTIAL REIT INC
NYSE
REIT - Mortgage
$911.14M$18.69-0.48%-$55.94M-10.05x8.71
TWO
TWO HARBORS INVESTMENT CORP
NYSE
REIT - Mortgage
$1.31B$12.68-0.70%-$83.39M-7.93x4.96
GPMT
GRANITE POINT MORTGAGE TRUST INC
NYSE
REIT - Mortgage
$241.77M$4.76-0.63%-$59.61M-3.17x2.31
NLOP
NET LEASE OFFICE PROPERTIES
NYSE
REIT - Mortgage
$337.99M$22.86-0.61%-$7.45M-2.54x0.92
RWT
REDWOOD TRUST INC
NYSE
REIT - Mortgage
$780.25M$5.93-1.66%$14.22M-53.91x11.06
TRTX
TPG RE FINANCE TRUST INC
NYSE
REIT - Mortgage
$598.81M$7.691.85%-$112.79M-4.55x2.75
DX
DYNEX CAPITAL INC
NYSE
REIT - Mortgage
$730.63M$12.480.00%$70.88M-49.92x6.32
NLY
ANNALY CAPITAL MANAGEMENT INC
NYSE
REIT - Mortgage
$9.74B$19.480.00%-$1.58B-5.40x7.28
CMTG
CLAROS MORTGAGE TRUST INC
NYSE
REIT - Mortgage
$1.36B$9.810.20%$38.94M490.50x2.51

Mortgage REIT Stocks FAQ

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

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

1. Lument Finance Trust (NYSE:LFT)


Lument Finance Trust (NYSE:LFT) is the top mortgage reit stock with a Zen Score of 48, which is 26 points higher than the mortgage reit industry average of 22. It passed 18 out of 38 due diligence checks and has strong fundamentals. Lument Finance Trust has seen its stock return 12.82% over the past year, overperforming other mortgage reit stocks by 11 percentage points.

2. Ready Capital (NYSE:RC)


Ready Capital (NYSE:RC) is the second best mortgage reit stock with a Zen Score of 46, which is 24 points higher than the mortgage reit industry average of 22. It passed 17 out of 38 due diligence checks and has strong fundamentals. Ready Capital has seen its stock lose -7.84% over the past year, underperforming other mortgage reit stocks by -9 percentage points.

Ready Capital has an average 1 year price target of $38.50, an upside of 330.65% from Ready Capital's current stock price of $8.94.

Ready Capital stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Ready Capital, 40% have issued a Strong Buy rating, 0% have issued a Buy, 40% have issued a hold, while 20% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Arbor Realty Trust (NYSE:ABR)


Arbor Realty Trust (NYSE:ABR) is the third best mortgage reit stock with a Zen Score of 37, which is 15 points higher than the mortgage reit industry average of 22. It passed 14 out of 38 due diligence checks and has average fundamentals. Arbor Realty Trust has seen its stock return 8.21% over the past year, overperforming other mortgage reit stocks by 7 percentage points.

Arbor Realty Trust has an average 1 year price target of $15.83, an upside of 23.79% from Arbor Realty Trust's current stock price of $12.79.

Arbor Realty Trust stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Arbor Realty Trust, 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.

What are the mortgage reit stocks with highest dividends?

Out of 31 mortgage reit stocks that have issued dividends in the past year, the 3 mortgage reit stocks with the highest dividend yields are:

1. Armour Residential Reit (NYSE:ARR)


Armour Residential Reit (NYSE:ARR) has an annual dividend yield of 23.11%, which is 9 percentage points higher than the mortgage reit industry average of 13.66%. Armour Residential Reit's dividend payout is not stable, having dropped more than 10% eight times in the last 10 years. Armour Residential Reit's dividend has not shown consistent growth over the last 10 years.

Armour Residential Reit's dividend payout ratio of -232.3% indicates that its high dividend yield might not be sustainable for the long-term.

2. Cherry Hill Mortgage Investment (NYSE:CHMI)


Cherry Hill Mortgage Investment (NYSE:CHMI) has an annual dividend yield of 20.75%, which is 7 percentage points higher than the mortgage reit industry average of 13.66%. Cherry Hill Mortgage Investment's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Cherry Hill Mortgage Investment's dividend has not shown consistent growth over the last 10 years.

Cherry Hill Mortgage Investment's dividend payout ratio of -42.4% indicates that its high dividend yield might not be sustainable for the long-term.

3. Orchid Island Capital (NYSE:ORC)


Orchid Island Capital (NYSE:ORC) has an annual dividend yield of 19.91%, which is 6 percentage points higher than the mortgage reit industry average of 13.66%. Orchid Island Capital's dividend payout is not stable, having dropped more than 10% nine times in the last 10 years. Orchid Island Capital's dividend has not shown consistent growth over the last 10 years.

Orchid Island Capital's dividend payout ratio of -197.8% indicates that its high dividend yield might not be sustainable for the long-term.

Why are mortgage reit stocks down?

Mortgage reit stocks were down -0.29% in the last day, and down -1.31% over the last week.

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

What are the most undervalued mortgage reit stocks?

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

1. Lument Finance Trust (NYSE:LFT)


Lument Finance Trust (NYSE:LFT) is the most undervalued mortgage reit stock based on WallStreetZen's Valuation Score. Lument Finance Trust has a valuation score of 71, which is 44 points higher than the mortgage reit industry average of 27. It passed 5 out of 7 valuation due diligence checks.

Lument Finance Trust's stock has gained 12.82% in the past year. It has overperformed other stocks in the mortgage reit industry by 11 percentage points.

2. Ready Capital (NYSE:RC)


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

Ready Capital's stock has dropped -7.84% in the past year. It has underperformed other stocks in the mortgage reit industry by -9 percentage points.

3. Chicago Atlantic Real Estate Finance (NASDAQ:REFI)


Chicago Atlantic Real Estate Finance (NASDAQ:REFI) is the third most undervalued mortgage reit stock based on WallStreetZen's Valuation Score. Chicago Atlantic Real Estate Finance has a valuation score of 57, which is 30 points higher than the mortgage reit industry average of 27. It passed 4 out of 7 valuation due diligence checks.

Chicago Atlantic Real Estate Finance's stock has gained 20.99% in the past year. It has overperformed other stocks in the mortgage reit industry by 19 percentage points.

Are mortgage reit stocks a good buy now?

48.39% of mortgage reit stocks rated by analysts are a buy right now. On average, analysts expect mortgage reit stocks to rise by 28.2% over the next year.

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

The average P/E ratio of the reit - mortgage industry is 39.93x.
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.