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Ag Mortgage Inve is Among the Companies in the Mortgage REITs Industry With the Lowest Projected Earnings Growth (MITT, MFA, CIM, HASI, NYMT)

By Nick Russo

Below are the three companies in the Mortgage REITs industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Ag Mortgage Inve ranks lowest with a projected earnings growth of 0.9%. Mfa Financial is next with a projected earnings growth of 2.2%. Chimera Inv Corp ranks third lowest with a projected earnings growth of 2.4%.

Hannon Armstrong follows with a projected earnings growth of 3.0%, and New York Mtge rounds out the bottom five with a projected earnings growth of 4.9%.

SmarTrend recommended that its subscribers protect gains by selling shares of Hannon Armstrong on November 2nd, 2017 by issuing a Downtrend alert when the shares were trading at $23.13. Since that call, shares of Hannon Armstrong have fallen 17.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest projected earnings growth ag mortgage inve mfa financial chimera inv corp hannon armstrong new york mtge

Ticker(s): MITT MFA CIM HASI NYMT