Correlation is dominating price movements. Fundamentals are taking a back seat. The mREITs and eREITs are extremely different vehicles. They have very different fundamentals. I believe this is the same factor hurting share prices for the commercial mortgage REITs. Investors are focused on implications for the residential mREITs and the stampede is catching the commercial mREITs. Today's REIT Trust still has strong long-term fundamentals. I will break down the numbers for the Q4 2017 earnings release. I wish management would communicate better with the market.
Granite Point Mortgage Trust (GPMT) is sliding in share price as it faces correlation with other mortgage REITs. The same issue has lowered the share price on Blackstone Mortgage Trust (BXMT). Nothing fundamentally bad has occurred for either of the mREITs. The quick increase in bond yields since late December coincides with expectations for more hikes in the Fed Funds rate. That would help commercial mREITs like GPMT and BXMT grow their core EPS faster in 2018 and 2019.
Source: Seeking Alpha
Related Articles:
- 6 Dividend Stocks That Gave Me A 20%+ Annualized Return
- 3 Simple Steps For A Successful Retirement
- 6 Rainy Day Dividend Stocks
- With Dividend Growth Stocks, Cash Is King
- When A Stock Fails To Raise Its Dividend: Is It Time To Sell?
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
If you want to earn more dividend income from the stock market, then you need to start investing in healthcare. Analysts project the number ...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
I am going to double down on Exxon Mobil (XOM) this week because I believe investors will have to deal with more market volatility going for...
-
High dividend yields are harder to find lately, given the long-running stock market rally. But that scarcity doesn't mean investors have...
-
Dividend investing is all about owning investments that pay you — and pay you well — through thick and thin markets. And whether you are bui...
-
The U.S. boosted tariffs on $200 billion worth of Chinese goods from 10% to 25%. The markets had expected this to be the week that this deal...
-
One little-known tax loophole allows Americans to collect large, growing distribution checks from the government. And investors can begin ea...
-
Technology is the alchemy of the stock market. It is where companies turn worthless silicon into incredible new and expensive gizmos and dev...
-
Every investor needs a security blanket -- that piece of the portfolio that needs no attention and doesn't keep you up at night. Busines...
0 comments
Post a Comment
Post a Comment