Relatively Low Price to Forward Sales Detected in Shares of Resource Capital in the Mortgage REITs Industry (RSO, NYMT, ARR, RWT, CIM)
Below are the three companies in the Mortgage REITs industry with the lowest price to forward sales ratios. The ratio shows how much Wall Street values every dollar of the company's future sales and is useful in comparing comparable companies. Generally the lower the ratio, the more attractive the investment.
Resource Capital ranks lowest with a a price to forward sales ratio of 3.72. Following is New York Mortgage Trust with a a price to forward sales ratio of 4.27. Armour Residential REIT ranks third lowest with a a price to forward sales ratio of 4.76.
Redwood Trust follows with a a price to forward sales ratio of 4.88, and Chimera Investment rounds out the bottom five with a a price to forward sales ratio of 5.42.
SmarTrend recommended that subscribers consider buying shares of Chimera Investment on February 26th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $13.16. Since that recommendation, shares of Chimera Investment have risen 25.6%. We continue to monitor Chimera Investment for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to forward sales resource capital new york mortgage trust armour residential reit redwood trust chimera investment