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TMCNet:  Top 5 Companies in the Mortgage REITs Industry With the Highest Forward P/E Ratio (RWT, CXS, MFA, NLY, IVR)

[November 15, 2012]

Top 5 Companies in the Mortgage REITs Industry With the Highest Forward P/E Ratio (RWT, CXS, MFA, NLY, IVR)

Nov 15, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Mortgage REITs industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.Redwood Trust ranks highest with a a forward P/E ratio of 14.85. Following is CreXus Investment with a a forward P/E ratio of 11.04. MFA Financial ranks third highest with a a forward P/E ratio of 8.11.


Annaly Capital Management follows with a a forward P/E ratio of 6.85, and Invesco Mortgage Capital rounds out the top five with a a forward P/E ratio of 6.50.

SmarTrend recommended that subscribers consider buying shares of Redwood Trust on January 10th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $11.03. Since that recommendation, shares of Redwood Trust have risen 39.9%. We continue to monitor Redwood Trust for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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