U.S. Mortgage REITs Industry Analysis
UpdatedAug 03, 2024
DataAggregated Company Financials
Companies38
- 7D-2.2%
- 3M1.4%
- 1Y-6.8%
- YTD-5.1%
Over the last 7 days, the Mortgage REITs industry has dropped 2.2%, driven by a pullback from Starwood Property Trust of 2.7%. In contrast, Great Ajax has gained 6.8%. Overall the industry is down 6.8% in 12 months. As for the next few years, earnings are expected to grow by 56% 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 |
|---|---|---|---|---|---|---|
| Sat, 03 Aug 2024 | US$41.1b | US$8.5b | US$2.0b | 12.4x | 20.9x | 4.8x |
| Mon, 01 Jul 2024 | US$45.9b | US$9.5b | US$2.9b | 9.9x | 15.6x | 4.8x |
| Wed, 29 May 2024 | US$46.2b | US$9.5b | US$2.9b | 10.6x | 15.7x | 4.8x |
| Fri, 26 Apr 2024 | US$43.9b | US$9.1b | US$2.7b | 11.7x | 16.2x | 4.8x |
| Sun, 24 Mar 2024 | US$46.0b | US$8.8b | US$2.3b | 13.4x | 20.2x | 5.3x |
| Tue, 20 Feb 2024 | US$45.4b | US$8.0b | US$2.2b | 11.6x | 21.1x | 5.6x |
| Thu, 18 Jan 2024 | US$47.0b | US$8.3b | US$2.4b | 11x | 19.4x | 5.7x |
| Sat, 16 Dec 2023 | US$50.0b | US$8.3b | US$2.4b | 11.1x | 20.7x | 6x |
| Mon, 13 Nov 2023 | US$43.5b | US$8.3b | US$2.4b | 10.8x | 18x | 5.2x |
| Wed, 11 Oct 2023 | US$41.7b | US$8.0b | US$2.2b | 10.5x | 19x | 5.2x |
| Fri, 08 Sep 2023 | US$45.5b | US$8.0b | US$2.2b | 11.7x | 20.6x | 5.7x |
| Sun, 06 Aug 2023 | US$46.6b | US$7.8b | US$1.8b | 11.8x | 25.4x | 6x |
| Tue, 04 Jul 2023 | US$37.9b | US$7.3b | US$1.3b | 12.2x | 28.5x | 5.2x |
| Thu, 01 Jun 2023 | US$33.6b | US$7.3b | US$1.3b | 10.9x | 25.3x | 4.6x |
| Sat, 29 Apr 2023 | US$31.6b | US$8.5b | US$3.0b | 8.5x | 10.7x | 3.7x |
| Mon, 27 Mar 2023 | US$38.3b | US$10.4b | US$4.8b | 8.2x | 8x | 3.7x |
| Wed, 22 Feb 2023 | US$46.3b | US$10.7b | US$4.9b | 9.7x | 9.5x | 4.3x |
| Fri, 20 Jan 2023 | US$46.4b | US$13.8b | US$6.9b | 8.2x | 6.7x | 3.4x |
| Sun, 18 Dec 2022 | US$44.1b | US$13.8b | US$6.9b | 8.4x | 6.4x | 3.2x |
| Tue, 15 Nov 2022 | US$46.9b | US$13.7b | US$6.9b | 8.2x | 6.8x | 3.4x |
| Thu, 13 Oct 2022 | US$44.4b | US$15.4b | US$7.1b | 9.8x | 6.2x | 2.9x |
| Sat, 10 Sep 2022 | US$59.0b | US$15.4b | US$7.1b | 11.8x | 8.3x | 3.8x |
| Mon, 08 Aug 2022 | US$61.2b | US$11.4b | US$7.4b | 12.3x | 8.3x | 5.4x |
| Wed, 06 Jul 2022 | US$56.5b | US$15.5b | US$7.0b | 10.9x | 8x | 3.7x |
| Fri, 03 Jun 2022 | US$62.8b | US$15.5b | US$7.0b | 12.1x | 9x | 4.1x |
| Sun, 01 May 2022 | US$65.0b | US$16.8b | US$7.8b | 10.9x | 8.4x | 3.9x |
| Tue, 29 Mar 2022 | US$72.6b | US$16.8b | US$7.8b | 12.1x | 9.4x | 4.3x |
| Thu, 24 Feb 2022 | US$70.4b | US$16.8b | US$8.0b | 10.2x | 8.8x | 4.2x |
| Sat, 22 Jan 2022 | US$74.1b | US$17.9b | US$9.5b | 9.4x | 7.8x | 4.1x |
| Mon, 20 Dec 2021 | US$75.9b | US$17.9b | US$9.5b | 9.2x | 8x | 4.2x |
| Wed, 17 Nov 2021 | US$82.5b | US$18.0b | US$9.5b | 9.8x | 8.6x | 4.6x |
| Fri, 15 Oct 2021 | US$77.7b | US$17.4b | US$10.7b | 9.8x | 7.3x | 4.5x |
| Sun, 12 Sep 2021 | US$74.3b | US$17.5b | US$10.7b | 9.5x | 7x | 4.3x |
| Tue, 10 Aug 2021 | US$75.6b | US$17.6b | US$10.8b | 9.3x | 7x | 4.3x |
Price to Earnings Ratio
7x
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 20.9x which is higher than its 3-year average PE of 13.2x.
- The industry is trading close to its 3-year average PS ratio of 4.5x.
Past Earnings Growth
- The earnings for companies in the Mortgage REITs industry have declined 43% per year over the last three years,
- Revenues have also declined 22% 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 | -2.94% | |
| Financials | -3.90% | |
| Mortgage REITs | -2.25% | |
| Mortgage REITs | -2.25% | |
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 | |
|---|---|---|---|---|---|
| AJX Great Ajax | US$3.62 | 6.8% +US$10.5m | -46.7% | PB0.7x | |
| ACR ACRES Commercial Realty | US$15.10 | 7.9% +US$8.3m | 69.5% | PE19.2x | |
| AGNC AGNC Investment | US$10.06 | 0.1% +US$7.7m | 1.5% | PE26.6x | |
| WMC Western Asset Mortgage Capital | US$9.18 | 9.0% +US$4.6m | 1.5% | PS6.1x | |
| SUNS Sunrise Realty Trust | US$12.12 | 5.2% +US$4.1m | n/a | PE118.6x |