Published Tue, 15 Sep 2020 22:44:19 -0400 on Seeking Alpha
Seeking AlphaREITsMortgage REIT Dividend Raises UnderwaySep. 15, 2020 10:44 PM ET|| Includes: AGNC, AGNCM, AGNCN, AGNCO, AGNCP, AI, AI.PB, AI.PC, AIC, AIW, ANH, ANH.PA, ANH.PB, ANH.PC, ARR, ARR.PC, CHMI, CHMI.PA, CHMI.PB, CIM, CIM.PA, CIM.PB, CIM.PC, CIM.PD, CMO, CMO.PE, DX, DX.PB, DX.PC, EFC, EFC.PA, IVR, IVR.PA, IVR.PB, IVR.PC, MFA, MFA.PB, MFA.PC, MFO, MITT, MITT.PA, MITT.PB, MITT.PC, MORT, NLY, NLY.PD, NLY.PF, NLY.PG, NLY.PI, NRZ, NRZ.PA, NRZ.PB, NRZ.PC, NYMT, NYMTM, NYMTN, NYMTO, NYMTP, ORC, PMT, PMT.PA, PMT.PB, REM, TWO, TWO.PA, TWO.PB, TWO.PC, TWO.PD, TWO.PE, WMCby: Colorado Wealth Management FundColorado Wealth Management Fund The REIT ForumThe #1 REIT Service Measured By Total ReturnsSummaryDiscounts to book value (or NAV) are the start of your mortgage REIT analysis, but not the end.
In this series, we’re providing readers with the discounts to trailing book values throughout the sector and a few notes on the current environment.
When we provide an index card for an individual mortgage REIT, it includes our most recent estimate on book values.
New York Mortgage Trust just announced a 50% dividend increase, going from $.05 per quarter to $.075 per quarter. We're repeating our bullish rating on the stock.
New Residential Investment Corp. announced a new source of funding at a substantially lower rate.
This research report was produced by The REIT Forum with assistance from Big Dog Investments.
The topics we discuss are going to be extremely relevant to the residential mortgage REITs. The table below uses BV as of Q2 2020 (if the company has reported earnings):
BV Q2 2020
Orchid Island Capital
American Capital Agency Corp.
Capstead Mortgage Corporation
... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|ORCHID ISLAND CAPITAL||5.58||0.0||-0.29||0.96||17.75|
|ARLINGTON ASSET INVESTMENT||5.55||0.0||-1.21||0.90||16.58|
|CHERRY HILL MORTGAGE INVESTMENT||13.52||0.0||-3.91||1.60||14.40|
|ANNALY CAPITAL MANAGEMENT||8.60||0.0||-3.32||1.20||14.00|
|NEW RESIDENTIAL INVESTMENT||14.98||18.0||0.83||2.00||13.28|
|ANWORTH MORTGAGE ASSET||3.39||0.0||-0.98||0.44||13.17|
|NEW YORK MORTGAGE TRUST||6.14||12.0||0.51||0.80||12.74|
|WESTERN ASSET MORTGAGE CAPITAL||9.83||10.7||0.92||1.24||12.58|
|AMERICAN CAPITAL AGENCY||15.64||0.0||-1.54||1.92||12.21|
|ARMOUR RESIDENTIAL REIT||17.26||0.0||-9.30||2.04||12.03|
|TWO HARBORS INVESTMENT||13.28||0.0||-2.81||1.60||12.02|
|INVESCO MORTGAGE CAPITAL||15.18||0.0||-1.01||1.80||11.80|
|AG MORTGAGE INVESTMENT TRUST||17.47||6.1||2.87||1.90||10.89|
|PENNYMAC MORTGAGE INV TRUST||22.24||9.5||2.35||1.88||8.50|
|ISHARES FTSE NAREIT MORTG PLUS CAPPED INDEX FUND||41.97||0.0||0.00||0.00||0.00|
Older articles featuring Orchid Island Capital (ORC):Orchid Island Capital Announces May 2021 Monthly Dividend and April 30, 2021 RMBS Portfolio Characteristics
Orchid Island Capital Announces Estimated First Quarter 2021 Results, April 2021 Monthly Dividend and March 31, 2021...
Orchid Island Capital Announces March 2021 Monthly Dividend and February 28, 2021 RMBS Portfolio Characteristics
Orchid Island Capital Announces February 2021 Monthly Dividend and January 31, 2021 RMBS Portfolio Characteristics
Orchid Island Capital Announces Estimated Fourth Quarter 2020 Results, January 2021 Monthly Dividend and December 31,...
Orchid Island Capital Announces December 2020 Monthly Dividend and November 30, 2020 RMBS Portfolio Characteristics
Monthly Pay December Dividend Stocks And Funds
Orchid Island Capital Announces November 2020 Monthly Dividend and October 31, 2020 RMBS Portfolio Characteristics
No More Love For One Of These 12% Yielding REITs
Like Preferred Stocks? Cherry Hill And Two Harbors Yield Up To 9%