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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
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
LFT
LUMENT FINANCE TRUST INC
$122.78M$2.35N/AN/AN/AN/A22.68%N/AN/AN/A
RC
READY CAPITAL CORP
$1.50B$8.71$38.10337.43%Buy5-56.32%N/AN/AN/A
ABR
ARBOR REALTY TRUST INC
$2.41B$12.76$13.818.25%Hold462.61%N/AN/AN/A
REFI
CHICAGO ATLANTIC REAL ESTATE FINANCE INC
$284.42M$15.63$20.0027.96%Buy13.46%N/AN/AN/A
MITT
AG MORTGAGE INVESTMENT TRUST INC
$164.05M$5.57$7.0025.67%Buy3N/AN/AN/AN/A
BXMT
BLACKSTONE MORTGAGE TRUST INC
$3.28B$18.86$20.609.23%Hold5-14.67%N/AN/AN/A
PMT
PENNYMAC MORTGAGE INVESTMENT TRUST
$1.18B$13.66$14.707.61%Buy5-19.34%N/AN/AN/A
LOAN
MANHATTAN BRIDGE CAPITAL INC
$57.54M$5.03N/AN/AN/AN/AN/AN/AN/AN/A
NREF
NEXPOINT REAL ESTATE FINANCE INC
$229.42M$13.04$14.007.36%Hold1-45.59%N/AN/AN/A
STWD
STARWOOD PROPERTY TRUST INC
$6.11B$19.50$21.309.23%Buy52.15%N/AN/AN/A
SACH
SACHEM CAPITAL CORP
$148.98M$3.14$4.7551.27%Strong Buy2N/AN/AN/AN/A
RITM
RITHM CAPITAL CORP
$5.29B$10.94$12.1911.41%Strong Buy819.13%N/AN/AN/A
FBRT
FRANKLIN BSP REALTY TRUST INC
$1.02B$12.46$14.7518.38%Strong Buy4N/AN/AN/AN/A
MFA
MFA FINANCIAL INC
$1.07B$10.51$12.2516.56%Buy4-20.22%N/AN/AN/A
CIM
CHIMERA INVESTMENT CORP
$992.00M$4.11$5.5033.82%Hold110.08%N/AN/AN/A
NYMT
NEW YORK MORTGAGE TRUST INC
$644.12M$7.06$9.7538.10%Buy2-50.98%N/AN/AN/A
ARI
APOLLO COMMERCIAL REAL ESTATE FINANCE INC
$1.53B$10.78$10.50-2.60%Hold3-28.53%N/AN/AN/A
ACRE
ARES COMMERCIAL REAL ESTATE CORP
$362.45M$6.66$7.3810.74%Hold481.65%N/AN/AN/A
LADR
LADDER CAPITAL CORP
$1.33B$10.52$12.5018.82%Buy12.16%N/AN/AN/A
EFC
ELLINGTON FINANCIAL INC
$976.15M$11.47$13.6919.34%Buy4-54.55%N/AN/AN/A
AOMR
ANGEL OAK MORTGAGE REIT INC
$290.10M$11.62$11.00-5.34%Buy2113.49%N/AN/AN/A
EARN
ELLINGTON CREDIT CO
$132.20M$6.67$6.00-10.04%Hold1N/AN/AN/AN/A
AGNC
AGNC INVESTMENT CORP
$6.39B$9.20$9.654.89%Buy5501.20%N/AN/AN/A
CHMI
CHERRY HILL MORTGAGE INVESTMENT CORP
$104.77M$3.49$5.0043.27%Strong Buy1N/AN/AN/AN/A
AJX
GREAT AJAX CORP
$98.31M$3.58$6.0067.60%Strong Buy1N/AN/AN/AN/A
ACR
ACRES COMMERCIAL REALTY CORP
$107.08M$13.82N/AN/AN/AN/A-41.18%N/AN/AN/A
GPMT
GRANITE POINT MORTGAGE TRUST INC
$224.51M$4.42$5.7530.09%Buy3N/AN/AN/AN/A
ARR
ARMOUR RESIDENTIAL REIT INC
$895.54M$18.37$19.254.79%Hold2N/AN/AN/AN/A
ORC
ORCHID ISLAND CAPITAL INC
$426.33M$8.31N/AN/AN/AN/AN/AN/AN/AN/A
TWO
TWO HARBORS INVESTMENT CORP
$1.27B$12.31$14.7519.82%Hold4N/AN/AN/AN/A
IVR
INVESCO MORTGAGE CAPITAL INC
$405.62M$8.37$8.00-4.42%Hold1N/AN/AN/AN/A
KREF
KKR REAL ESTATE FINANCE TRUST INC
$682.74M$9.85$11.8019.80%Buy5-18.72%N/AN/AN/A
RWT
REDWOOD TRUST INC
$751.30M$5.71$7.8236.97%Buy7-39.37%N/AN/AN/A
NLY
ANNALY CAPITAL MANAGEMENT INC
$9.17B$18.33$20.9014.02%Buy5N/AN/AN/AN/A
TRTX
TPG RE FINANCE TRUST INC
$592.58M$7.61$7.701.18%Buy55.67%N/AN/AN/A
DX
DYNEX CAPITAL INC
$670.92M$11.46$14.0022.16%Strong Buy4N/AN/AN/AN/A
NLOP
NET LEASE OFFICE PROPERTIES
$350.26M$23.69$60.00153.27%Buy1N/AN/AN/AN/A
CMTG
CLAROS MORTGAGE TRUST INC
$1.24B$8.95$9.678.01%Hold3-9.83%N/AN/AN/A

Mortgage REIT Stocks FAQ

What are the best mortgage reit stocks to buy right now in Apr 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 50, which is 28 points higher than the mortgage reit industry average of 22. It passed 19 out of 38 due diligence checks and has strong fundamentals. Lument Finance Trust has seen its stock return 24.34% over the past year, overperforming other mortgage reit stocks by 28 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 -16.17% over the past year, underperforming other mortgage reit stocks by -13 percentage points.

Ready Capital has an average 1 year price target of $38.10, an upside of 337.43% from Ready Capital's current stock price of $8.71.

Ready Capital stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Ready Capital, 60% have issued a Strong Buy rating, 0% have issued a Buy, 20% 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 21.64% over the past year, overperforming other mortgage reit stocks by 25 percentage points.

Arbor Realty Trust has an average 1 year price target of $13.81, an upside of 8.25% from Arbor Realty Trust's current stock price of $12.76.

Arbor Realty Trust stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Arbor Realty Trust, 0% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 25% 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 22.65%, which is 9 percentage points higher than the mortgage reit industry average of 13.81%. 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. Orchid Island Capital (NYSE:ORC)


Orchid Island Capital (NYSE:ORC) has an annual dividend yield of 20.22%, which is 6 percentage points higher than the mortgage reit industry average of 13.81%. 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.

3. Nexpoint Real Estate Finance (NYSE:NREF)


Nexpoint Real Estate Finance (NYSE:NREF) has an annual dividend yield of 19.59%, which is 6 percentage points higher than the mortgage reit industry average of 13.81%. Nexpoint Real Estate Finance's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Nexpoint Real Estate Finance's dividend has shown consistent growth over the last 10 years.

Nexpoint Real Estate Finance's dividend payout ratio of 425.8% indicates that its high dividend yield might not be sustainable for the long-term.

Why are mortgage reit stocks up?

Mortgage reit stocks were up 0.69% in the last day, and up 2.37% over the last week. Cherry Hill Mortgage Investment was the among the top gainers in the reit - mortgage industry, gaining 5.76% yesterday.

Cherry Hill Mortgage Investment Corporation shares are trading higher after the company announced the exploration of strategic alternatives.

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 24.34% in the past year. It has overperformed other stocks in the mortgage reit industry by 28 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 -16.17% in the past year. It has underperformed other stocks in the mortgage reit industry by -13 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 11.56% in the past year. It has overperformed other stocks in the mortgage reit industry by 15 percentage points.

Are mortgage reit stocks a good buy now?

50% of mortgage reit stocks rated by analysts are a buy right now. On average, analysts expect mortgage reit stocks to rise by 30.93% 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 37.42x.
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.