U.S. Mortgage Finance Industry Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies8
- 7D-1.1%
- 3M-2.3%
- 1Y-16.3%
- YTD-18.4%
Over the last 7 days, the Mortgage Finance industry has dropped 1.5%, driven by a pullback from New York Community Bancorp of 11%. Meanwhile, Home Point Capital actually outperformed within the industry, gaining 34% in the last week. Overall the industry is down 19% in 12 months. Earnings are forecast to grow by 6.3% annually.
Industry Valuation and Performance
Has the U.S. Mortgage Finance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 03 Dec 2023 | US$2.4b | US$1.5b | US$275.9m | 35.9x | 8.6x | 1.6x |
| Tue, 31 Oct 2023 | US$2.4b | US$1.5b | US$275.9m | 35.9x | 8.6x | 1.6x |
| Thu, 28 Sep 2023 | US$2.4b | US$1.5b | US$275.9m | 35.9x | 8.6x | 1.6x |
| Sat, 26 Aug 2023 | US$2.4b | US$1.5b | US$275.9m | 35.9x | 8.7x | 1.6x |
| Mon, 24 Jul 2023 | US$2.4b | US$1.5b | US$275.9m | 35.9x | 8.7x | 1.6x |
| Wed, 21 Jun 2023 | US$2.4b | US$1.5b | US$276.1m | 36x | 8.7x | 1.6x |
| Fri, 19 May 2023 | US$2.4b | US$1.5b | US$276.1m | 36x | 8.7x | 1.6x |
| Sun, 16 Apr 2023 | US$2.4b | US$1.5b | US$276.1m | 36x | 8.7x | 1.6x |
| Tue, 14 Mar 2023 | US$80.7b | US$31.4b | US$8.0b | 11.3x | 10.1x | 2.6x |
| Thu, 09 Feb 2023 | US$94.7b | US$35.1b | US$8.6b | 11.7x | 11.1x | 2.7x |
| Sat, 07 Jan 2023 | US$84.4b | US$35.7b | US$8.7b | 11.3x | 9.7x | 2.4x |
| Mon, 05 Dec 2022 | US$89.0b | US$35.8b | US$8.7b | 11.8x | 10.2x | 2.5x |
| Wed, 02 Nov 2022 | US$81.6b | US$39.4b | US$8.8b | 11.1x | 9.2x | 2.1x |
| Fri, 30 Sep 2022 | US$77.4b | US$40.3b | US$9.2b | 11.5x | 8.4x | 1.9x |
| Sun, 28 Aug 2022 | US$89.0b | US$40.3b | US$9.2b | 11.7x | 9.7x | 2.2x |
| Tue, 26 Jul 2022 | US$89.1b | US$44.8b | US$9.0b | 11.5x | 10x | 2x |
| Thu, 23 Jun 2022 | US$78.5b | US$44.9b | US$9.0b | 11.3x | 8.7x | 1.7x |
| Sat, 21 May 2022 | US$87.7b | US$44.9b | US$9.0b | 12.2x | 9.8x | 2x |
| Mon, 18 Apr 2022 | US$94.8b | US$50.1b | US$9.6b | 12x | 9.9x | 1.9x |
| Wed, 16 Mar 2022 | US$102.9b | US$50.6b | US$9.9b | 12.4x | 10.4x | 2x |
| Fri, 11 Feb 2022 | US$111.0b | US$53.4b | US$11.5b | 12.6x | 9.6x | 2.1x |
| Sun, 09 Jan 2022 | US$124.3b | US$55.0b | US$14.1b | 12.9x | 8.8x | 2.3x |
| Tue, 07 Dec 2021 | US$124.5b | US$55.1b | US$14.1b | 12.2x | 8.8x | 2.3x |
| Thu, 04 Nov 2021 | US$132.5b | US$58.3b | US$16.1b | 11.8x | 8.3x | 2.3x |
| Sat, 02 Oct 2021 | US$136.9b | US$59.2b | US$16.1b | 12.3x | 8.5x | 2.3x |
| Mon, 30 Aug 2021 | US$82.4b | US$59.0b | US$14.5b | 12.1x | 5.7x | 1.4x |
| Tue, 06 Jul 2021 | US$80.8b | US$59.0b | US$14.5b | 12x | 5.6x | 1.4x |
| Fri, 09 Apr 2021 | US$88.3b | US$61.0b | US$14.4b | 12.2x | 6.1x | 1.4x |
| Thu, 31 Dec 2020 | US$75.0b | US$43.5b | US$6.4b | 12x | 11.7x | 1.7x |
Price to Earnings Ratio
12x
Current Industry PE
- Investors are relatively neutral on the American Mortgage industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 8.6x.
- The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Mortgage industry have declined 64% per year over the last three years,
- Revenues have also declined 66% 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 | 1.15% | |
| Financials | 2.43% | |
| Mortgage Finance | -1.07% | |
| Thrifts and Mortgage Finance | 4.30% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||