Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Mortgage REITs Industry Analysis

UpdatedJun 05, 2026
DataAggregated Company Financials
Companies40
  • 7D-1.1%
  • 3M-3.8%
  • 1Y-0.02%
  • YTD-6.9%

Over the last 7 days, the Mortgage REITs industry has dropped 1.1%, driven by AGNC Investment declining 2.5%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 26% per annum.

Industry Valuation and Performance

Has the U.S. Mortgage REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 05 Jun 2026US$62.2bUS$14.3bUS$5.3b11.6x11.8x4.3x
Sun, 03 May 2026US$66.7bUS$14.3bUS$5.6b11.7x11.9x4.7x
Tue, 31 Mar 2026US$60.7bUS$14.1bUS$5.7b9x10.6x4.3x
Thu, 26 Feb 2026US$67.1bUS$14.1bUS$5.8b10x11.7x4.8x
Sat, 24 Jan 2026US$68.3bUS$12.6bUS$4.2b13x16.4x5.4x
Mon, 22 Dec 2025US$65.3bUS$12.6bUS$4.2b13.1x15.7x5.2x
Wed, 19 Nov 2025US$61.8bUS$12.6bUS$4.2b12.2x14.8x4.9x
Fri, 17 Oct 2025US$60.8bUS$10.4bUS$2.3b12.8x25.9x5.8x
Sun, 14 Sep 2025US$64.0bUS$10.4bUS$2.3b14.2x27.3x6.1x
Tue, 12 Aug 2025US$61.1bUS$10.4bUS$2.4b13.2x25.8x5.9x
Thu, 10 Jul 2025US$58.5bUS$10.5bUS$2.4b11.4x24x5.6x
Sat, 07 Jun 2025US$56.5bUS$10.5bUS$2.4b12.9x23.1x5.4x
Mon, 05 May 2025US$55.2bUS$10.4bUS$2.5b12.5x22.4x5.3x
Wed, 02 Apr 2025US$54.6bUS$11.2bUS$3.6b11.7x15.3x4.9x
Fri, 28 Feb 2025US$58.3bUS$11.4bUS$3.5b12.5x16.7x5.1x
Sun, 26 Jan 2025US$53.6bUS$10.3bUS$2.5b11.1x21.8x5.2x
Tue, 24 Dec 2024US$53.8bUS$10.3bUS$2.5b10.3x21.8x5.2x
Thu, 21 Nov 2024US$55.3bUS$10.3bUS$2.5b10.5x22.4x5.4x
Sat, 19 Oct 2024US$41.5bUS$8.7bUS$1.8b14.4x22.5x4.8x
Mon, 16 Sep 2024US$42.4bUS$8.7bUS$1.8b15.7x23x4.9x
Wed, 14 Aug 2024US$39.7bUS$8.6bUS$1.9b13.8x21.4x4.6x
Fri, 12 Jul 2024US$43.4bUS$9.3bUS$2.7b9.7x16.2x4.7x
Sun, 09 Jun 2024US$46.1bUS$9.5bUS$2.9b10.2x15.6x4.8x
Tue, 07 May 2024US$46.1bUS$9.6bUS$2.9b11.5x15.7x4.8x
Thu, 04 Apr 2024US$45.2bUS$8.8bUS$2.3b13.7x19.9x5.2x
Sat, 02 Mar 2024US$45.4bUS$8.7bUS$2.2b11.8x20.2x5.2x
Mon, 29 Jan 2024US$48.3bUS$8.2bUS$2.3b11.5x21.3x5.9x
Wed, 27 Dec 2023US$50.6bUS$8.3bUS$2.4b11.6x20.9x6.1x
Fri, 24 Nov 2023US$45.4bUS$8.3bUS$2.4b9.8x18.8x5.5x
Sun, 22 Oct 2023US$39.4bUS$8.0bUS$2.2b10.4x17.9x4.9x
Tue, 19 Sep 2023US$46.3bUS$8.0bUS$2.2b11.7x21x5.8x
Thu, 17 Aug 2023US$43.9bUS$8.0bUS$2.2b11.4x19.9x5.5x
Sat, 15 Jul 2023US$39.4bUS$7.3bUS$1.3b12.6x29.6x5.4x
Mon, 12 Jun 2023US$36.1bUS$7.3bUS$1.3b11.1x27.2x4.9x
Price to Earnings Ratio

27.2x


Total Market Cap: US$36.1bTotal Earnings: US$1.3bTotal Revenue: US$7.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Mortgage REITs Industry Price to Earnings3Y Average 19.6x202420252026
Current Industry PE
  • Investors are pessimistic on the American Mortgage REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 11.8x which is lower than its 3-year average PE of 19.6x.
  • The 3-year average PS ratio of 5.2x is higher than the industry's current PS ratio of 4.3x.
Past Earnings Growth
  • The earnings for companies in the Mortgage REITs industry have grown 58% per year over the last three years.
  • Revenues for these companies have grown 25% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Financials industry?

US Market-0.11%
Financials1.18%
Mortgage REITs-1.13%
Mortgage REITs-1.13%
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?

CompanyLast Price7D1YValuation
BXMT Blackstone Mortgage TrustUS$18.450.9%
+US$29.1m		-2.0%PE30.5x
CMTG Claros Mortgage TrustUS$2.537.7%
+US$25.2m		-9.3%PB0.2x
KREF KKR Real Estate Finance TrustUS$7.045.2%
+US$22.5m		-22.0%PB0.6x
ARR ARMOUR Residential REITUS$17.220.6%
+US$13.6m		4.2%PE9.4x
ACRE Ares Commercial Real EstateUS$5.051.4%
+US$3.9m		8.1%PS5.1x

Latest News

BXMT
US$18.45
Blackstone Mortgage Trust
7D
0.9%
1Y
-2.0%
BRSP
US$5.57
BrightSpire Capital
7D
-3.1%
1Y
9.6%
Narrative Update • Jun 03

BRSP: Cautious Earnings Assumptions And New Buybacks Will Shape Future Risk Balance

Analysts have trimmed their average BrightSpire Capital price target by $0.50, reflecting updated views on discount rates, revenue trends, profit margins and future P/E assumptions following both a recent target cut and an upgrade. Analyst Commentary Recent research has highlighted a mixed setup for BrightSpire Capital, with the trimmed average price target pointing to a more cautious stance on how the stock is valued against its earnings profile and business risks.
KREF
US$7.04
KKR Real Estate Finance Trust
7D
5.2%
1Y
-22.0%
Narrative Update • Jun 03

KREF: Future Returns Will Reflect Credit Quality And Earnings Visibility Reassessment

Analysts have reduced their average price target on KKR Real Estate Finance Trust by $2.50 to $7.00 as they reassess fair value, risk assumptions, growth expectations, profitability, and future P/E multiples in light of recent research updates from multiple firms. Analyst Commentary Recent research has generally taken a more cautious stance on KKR Real Estate Finance Trust, with several firms trimming price targets and at least one downgrade in rating.
ARR
US$17.22
ARMOUR Residential REIT
7D
0.6%
1Y
4.2%
RITM
US$9.17
Rithm Capital
7D
-1.0%
1Y
-18.2%
NLY
US$21.27
Annaly Capital Management
7D
-1.5%
1Y
12.7%
ACRE
US$5.05
Ares Commercial Real Estate
7D
1.4%
1Y
8.1%
Narrative Update • Jun 02

ACRE: Updated Discount Rates Will Support Measured Forward P E Expectations

Ares Commercial Real Estate's analyst price target has moved slightly lower to $5.25, as analysts factor in updated assumptions on discount rates, revenue trends and profitability expectations. Analyst Commentary Recent Street research has trimmed price targets on Ares Commercial Real Estate toward the mid US$5 range, with one cut to US$5.50 and the latest to US$5.25.
AGNC
US$10.29
AGNC Investment
7D
-2.5%
1Y
13.8%
PMT
US$10.19
PennyMac Mortgage Investment Trust
7D
-3.2%
1Y
-17.6%
Narrative Update • May 24

PMT: Recalibrated Earnings And Margins Will Support Future Upside Potential

Analysts have trimmed their average price target on PennyMac Mortgage Investment Trust by about $0.54 to $12.61, citing updated assumptions around fair value, discount rates, revenue trends, profit margins, and future P/E expectations. Analyst Commentary Recent research updates around PennyMac Mortgage Investment Trust point to a more balanced and selective stance.
ORC
US$6.68
Orchid Island Capital
7D
-3.9%
1Y
-3.7%
CMTG
US$2.53
Claros Mortgage Trust
7D
7.7%
1Y
-9.3%
NREF
US$15.80
NexPoint Real Estate Finance
7D
1.3%
1Y
5.4%
MFA
US$9.26
MFA Financial
7D
-3.5%
1Y
-2.3%
CIM
US$13.28
Chimera Investment
7D
-2.1%
1Y
-2.0%
Narrative Update • May 09

CIM: Higher Dividend And Buyback History Will Support Steady Outlook

Analysts have modestly revised their price target on Chimera Investment to $14.00 from $14.00, citing updated assumptions around revenue growth, profit margin, and a lower forward P/E multiple as key inputs in their refreshed models. What's in the News Chimera Investment reported that from October 1, 2025 to December 31, 2025, it repurchased 0 shares for US$0 million under its existing buyback program, leaving the overall authorization unchanged for that period (Key Developments).
TRTX
US$8.45
TPG RE Finance Trust
7D
0.1%
1Y
9.0%
GPMT
US$1.54
Granite Point Mortgage Trust
7D
2.7%
1Y
-39.4%