- Q3 2020 is producing some strong results on mortgage REIT earnings. Core EPS, Net Interest Spread, and Net Interest Margins expanded significantly.
- When the latest wave of COVID-19 cases calms down, investors should be getting excited about earnings.
- Discounts to book value (or NAV) are the start of your mortgage REIT analysis, but not the end.
- In this series we're providing readers with the discounts to trailing book values throughout the sector and a few notes on the current environment.
- When we provide an index card for an individual mortgage REIT, it includes our most recent estimate on book values.
For further details see:
Mortgage REIT Earnings Rock Higher