- In our last public update on the sector, we wrote: “NLY’s share price is pushing the upper end of our target ranges as well”.
- It temporarily moved over that line, providing an opportunity for investors to capture their gains.
- If you’re not using price-to-book, you’re missing out on a critical part of the analysis for mortgage REITs.
- There are still a few nice opportunities in the mortgage REITs, preferred shares, and equity REITs.
- Since the risk/reward profile is heavily skewed, investors can still benefit a great deal from positioning their portfolio to protect the large gains from the last 15 months.
For further details see:
Drop The 9% Dividend Yielder To Get 7% Instead