Mortgage REITs are expected to rebound in 2014 after falling an average of 3.0 percent in 2013, compared to the S&P 500’s gain of 30.0 percent. Recently, KBW Bank REIT analyst Michael Widner has stated that the sector is set for gains of over 20.0 percent in 2014 as Mortgage REITs are trading at a 20 percent discount to the book value of its underlying holdings. "I have a difficult time seeing the broader market replicating its 2013 returns in 2014," he says.
American Capital Agency Corp. (NASDAQ: AGNC) shares traded in the range of $20.07 to $20.30 Thursday before settling to close at $20.28, an increase of 0.65 percent. The company currently offers investors a quarterly dividend of $0.65 per share, for a dividend yield of roughly 12.8 percent. Shares of American Capital Agency have gained approximately 5.0 percent year-to-date.
More information on American Capital Agency and access to the free equity report can be found at:
www.WallStreetFundamentals.com/AGNC
Hatteras Financial Corp. (NYSE: HTS) shares traded in the range of $17.41 to $17.52 Thursday before settling to close at $17.51, an increase of 0.06 percent. The company currently offers investors a quarterly dividend of $0.50 per share, for a dividend yield of roughly 11.4 percent. Shares of Hatteras Financial have gained approximately 7.0 percent year-to-date.
More information on Hatteras Financial and access to the free equity report can be found at:
www.WallStreetFundamentals.com/HTS
Invesco Mortgage Capital Inc. (NYSE: IVR) shares traded in the range of $15.08 to $15.26 Thursday before settling to close at $15.23, an increase of 0.66 percent. The company currently offers investors a quarterly dividend of $0.50 per share, for a dividend yield of roughly 13.1 percent. Shares of Invesco Mortgage Capital have gained approximately 7.0 percent year-to-date.
More information on Invesco Mortgage Capital and access to the free equity report can be found at:
www.WallStreetFundamentals.com/IVR
Two Harbors Investment Corp. (NYSE: TWO) shares traded in the range of $9.74 to $9.86 Thursday before settling to close at $9.80, a decrease of 0.51 percent. The company currently offers investors a quarterly dividend of $0.26 per share, for a dividend yield of roughly 10.6 percent. Shares of Two Harbors Investment have gained approximately 5.0 percent year-to-date.
More information on Two Harbors Investment and access to the free equity report can be found at:
www.WallStreetFundamentals.com/TWO
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