Resource America has the Highest Forward Earnings Yield in the Specialized Finance Industry (REXI, MRLN, NDAQ, ICE, MCO)
Below are the three companies in the Specialized Finance industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.
Resource America ranks highest with a forward earnings yield of 7.7%. Marlin Business Services is next with a forward earnings yield of 7.3%. NASDAQ OMX ranks third highest with a forward earnings yield of 4.8%.
IntercontinentalExchange follows with a forward earnings yield of 4.2%, and Moody's rounds out the top five with a forward earnings yield of 4.2%.
SmarTrend recommended that subscribers consider buying shares of Resource America on March 7th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $5.56. Since that recommendation, shares of Resource America have risen 76.2%. We continue to monitor Resource America for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward earnings yield resource america marlin business services nasdaq omx IntercontinentalExchange moody's