U.S. Mortgage REITs Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies40
- 7D2.7%
- 3M3.5%
- 1Y6.5%
- YTD-5.3%
In the last week, the Mortgage REITs industry is up 2.7%, with Hannon Armstrong Sustainable Infrastructure Capital up 25%. Meanwhile, Claros Mortgage Trust actually underperformed within the industry, shrinking 10.0% in the last week. This means that the industry has gained 6.5% over the past year. As for the next few years, earnings are expected to grow by 41% per annum.
Industry Valuation and Performance
Has the U.S. Mortgage REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | US$45.9b | US$9.5b | US$3.0b | 11x | 15.4x | 4.8x |
| Sat, 06 Apr 2024 | US$44.9b | US$8.8b | US$2.3b | 13.7x | 19.7x | 5.1x |
| Mon, 04 Mar 2024 | US$45.6b | US$8.7b | US$2.2b | 11.8x | 20.3x | 5.2x |
| Wed, 31 Jan 2024 | US$48.8b | US$8.0b | US$2.1b | 10.5x | 23.6x | 6.1x |
| Fri, 29 Dec 2023 | US$51.2b | US$8.3b | US$2.4b | 11.3x | 21.2x | 6.2x |
| Sun, 26 Nov 2023 | US$45.4b | US$8.3b | US$2.4b | 9.8x | 18.8x | 5.5x |
| Tue, 24 Oct 2023 | US$38.8b | US$8.0b | US$2.2b | 10.2x | 17.6x | 4.9x |
| Thu, 21 Sep 2023 | US$45.8b | US$8.0b | US$2.2b | 11.3x | 20.8x | 5.7x |
| Sat, 19 Aug 2023 | US$43.0b | US$8.0b | US$2.2b | 11.1x | 19.5x | 5.4x |
| Mon, 17 Jul 2023 | US$39.4b | US$7.3b | US$1.3b | 12.6x | 29.6x | 5.4x |
| Wed, 14 Jun 2023 | US$37.0b | US$7.3b | US$1.3b | 11.2x | 27.9x | 5x |
| Fri, 12 May 2023 | US$32.3b | US$7.2b | US$1.3b | 11.1x | 24.9x | 4.5x |
| Sun, 09 Apr 2023 | US$39.0b | US$10.4b | US$4.8b | 8.2x | 8.2x | 3.8x |
| Tue, 07 Mar 2023 | US$44.7b | US$10.5b | US$4.8b | 9.6x | 9.2x | 4.3x |
| Thu, 02 Feb 2023 | US$49.7b | US$13.8b | US$6.9b | 8.6x | 7.2x | 3.6x |
| Sat, 31 Dec 2022 | US$43.0b | US$13.8b | US$6.9b | 8x | 6.2x | 3.1x |
| Mon, 28 Nov 2022 | US$47.3b | US$13.8b | US$6.9b | 8.7x | 6.9x | 3.4x |
| Wed, 26 Oct 2022 | US$47.8b | US$15.4b | US$7.0b | 10.2x | 6.8x | 3.1x |
| Fri, 23 Sep 2022 | US$53.8b | US$15.4b | US$7.1b | 11x | 7.5x | 3.5x |
| Sun, 21 Aug 2022 | US$61.5b | US$15.4b | US$7.1b | 12.7x | 8.6x | 4x |
| Tue, 19 Jul 2022 | US$56.0b | US$15.5b | US$7.0b | 11.1x | 8x | 3.6x |
| Thu, 16 Jun 2022 | US$53.9b | US$15.5b | US$7.0b | 10.7x | 7.7x | 3.5x |
| Sat, 14 May 2022 | US$60.3b | US$15.4b | US$7.0b | 11.8x | 8.6x | 3.9x |
| Mon, 11 Apr 2022 | US$68.9b | US$16.8b | US$7.8b | 12.1x | 8.9x | 4.1x |
| Wed, 09 Mar 2022 | US$70.0b | US$16.8b | US$7.8b | 10.8x | 9x | 4.2x |
| Fri, 04 Feb 2022 | US$73.9b | US$17.1b | US$8.7b | 10.2x | 8.5x | 4.3x |
| Sun, 02 Jan 2022 | US$77.0b | US$17.9b | US$9.5b | 9.7x | 8.1x | 4.3x |
| Tue, 30 Nov 2021 | US$79.1b | US$17.9b | US$9.5b | 9.6x | 8.4x | 4.4x |
| Thu, 28 Oct 2021 | US$79.3b | US$17.1b | US$10.4b | 9.9x | 7.7x | 4.6x |
| Sat, 25 Sep 2021 | US$76.9b | US$17.4b | US$10.8b | 9.5x | 7.2x | 4.4x |
| Mon, 23 Aug 2021 | US$75.7b | US$17.6b | US$10.8b | 9.4x | 7x | 4.3x |
| Sat, 10 Jul 2021 | US$76.6b | US$17.6b | US$10.8b | 9.4x | 7.1x | 4.4x |
Price to Earnings Ratio
5.6x
Current Industry PE
- Investors are optimistic on the American Mortgage REITs industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 15.4x which is higher than its 3-year average PE of 12.6x.
- The industry is trading close to its 3-year average PS ratio of 4.4x.
Past Earnings Growth
- The earnings for companies in the Mortgage REITs industry have declined 39% per year over the last three years,
- Revenues have also declined 24% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the U.S. Financials industry?
| US Market | 3.30% | |
| Financials | 2.80% | |
| Mortgage REITs | 2.75% | |
| Mortgage REITs | 2.75% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HASI Hannon Armstrong Sustainable Infrastructure Capital | US$30.45 | 24.6% +US$682.2m | 17.5% | PE14x | |
| NLY Annaly Capital Management | US$19.68 | 3.7% +US$355.3m | 4.5% | PB1x | |
| STWD Starwood Property Trust | US$20.08 | 5.0% +US$301.3m | 23.1% | PE14.5x | |
| AGNC AGNC Investment | US$9.53 | 3.0% +US$201.7m | 2.0% | PE11x | |
| ABR Arbor Realty Trust | US$13.50 | 4.1% +US$87.8m | 10.4% | PE8.4x |