Are New York Mortgage Trust Inc (NYMT), Ocwen Financial Corp (OCN), and MFA Financial, Inc. (MFA) Savvy Investment Options?
New York, NY – GDP INSIDER – 12/19/2014.
This investment analysis article discusses New York Mortgage Trust Inc(NASDAQ:NYMT), Ocwen Financial Corp(NYSE:OCN), and MFA Financial, Inc.(NYSE:MFA).
New York Mortgage Trust Inc(NASDAQ:NYMT) declared its fourth quarter 2014 common stock dividend on Dec. 12th, 2014. The dividend, worth $0.27 per share of its common stock, will be payable to Dec. 22nd, 2014 shareholders on Jan. 26th, 2015. The stock has traded within a range of $6.75 to $8.20 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $7.78 after a 2.75% loss of $0.22. Simply put, the trust’s trading value appears to be relatively stable.
Ocwen Financial Corp(NYSE:OCN) published a public filing on Dec. 16th yesterday that detailed that the company had been working closely with the Office of Mortgage Settle Oversight. Te filing details the company’s commitment to National Mortgage Settlement compliance. The company had a trading volume of 5.18 million yesterday, which is 1.87 million greater than its three month average volume of 3.31 million. Trader interest in Ocwen Financial Corp. is on the rise. The company has an earnings per share (TTM) of $1.33 and a price to earnings ratio (TTM) of $16.13.
MFA Financial, Inc.(NYSE:MFA) also declared its fourth quarter 2014 stock dividend on Dec. 9th, 2014. The dividend, which will be payable to Dec. 26th shareholders on Jan. 30th, 2015, is worth $0.23 per share of its common stock. The company has an earnings per share (TTM) of $0.81, a price to earnings ratio (TTM) of $10.14, and a market capitalization of $3.02 billion. MFA Financial Inc.’s beta of 0.69 indicates that the stock is 31% less volatile than the market. The company had a closing price of $8.17 yesterday.
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