Why New York Mortgage Is Poised to Outperform
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, mortgage REIT New York Mortgage Trust has earned a coveted five-star ranking.
With that in mind, let's take a closer look at New York Mortgage and see what CAPS investors are saying about the stock right now.
New York Mortgage facts
Headquarters (founded) | New York (1989) |
Market Cap | $352.5 million |
Industry | Mortgage REITs |
Trailing-12-Month Revenue | $40.5 million |
Management | CEO Steven Mumma |
Return on Equity (average, past 3 years) | 9.5% |
Cash / Debt | $277.9 million / $6.6 billion |
Dividend Yield | 15.2% |
Competitors | Annaly Capital Management |
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 98%of the 91 members who have rated New York Mortgage believe the stock will outperform the S&P 500 going forward.
Just last week, one of those Fools, All-Star Staka, offered a cautiously optimistic take on the New York Mortgage opportunity:
Positive:-Profits from FED interest rate suppression and generates high dividends based on high leverage
Negative:-Risk that FED might get sane again (very low probability)
If you want market-topping returns, you need to put together the best portfolio you can. Of course, despite its perfect five-star rating, New York Mortgage may not be your top choice.
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Want to see how well (or not so well) the stocks in this series are performing? Follow the TrackPoisedTo CAPS account.
The article Why New York Mortgage Is Poised to Outperform originally appeared on Fool.com.
Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool owns shares of Annaly Capital Management. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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