Workflow
REIT and Equity Trust
icon
Search documents
Cherry Hill Mortgage (CHMI) Q1 Earnings Beat Estimates
ZACKS· 2025-05-06 23:40
Group 1: Earnings Performance - Cherry Hill Mortgage (CHMI) reported quarterly earnings of $0.17 per share, exceeding the Zacks Consensus Estimate of $0.11 per share, and up from $0.13 per share a year ago, representing an earnings surprise of 54.55% [1] - The company posted revenues of $2.17 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 17.33%, compared to revenues of -$0.91 million a year ago [2] - Over the last four quarters, Cherry Hill has surpassed consensus EPS estimates only once [2] Group 2: Stock Performance and Outlook - Cherry Hill shares have increased approximately 13.3% since the beginning of the year, while the S&P 500 has declined by 3.9% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $0.12 on $3 million in revenues, and for the current fiscal year, it is $0.52 on $13.67 million in revenues [7] Group 3: Industry Context - The REIT and Equity Trust industry, to which Cherry Hill belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable industry outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Cherry Hill's stock performance [5] - The estimate revisions trend for Cherry Hill is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting expected underperformance in the near future [6]
AG Mortgage Investment Trust (MITT) Q1 Earnings and Revenues Lag Estimates
ZACKS· 2025-05-06 12:45
AG Mortgage Investment Trust (MITT) came out with quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -16.67%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.19 per share when it actually produced earnings of $0.18, delivering a surprise of -5.26%.Over t ...
Can Ready Capital (RC) Keep the Earnings Surprise Streak Alive?
ZACKS· 2025-05-05 17:10
Core Viewpoint - Ready Capital (RC) is positioned to continue its earnings-beat streak, having surpassed earnings estimates consistently in recent quarters [1][5]. Earnings Performance - In the last reported quarter, Ready Capital achieved earnings of $0.23 per share, exceeding the Zacks Consensus Estimate of $0.21 per share, resulting in a surprise of 9.52% [2]. - In the previous quarter, the company was expected to report earnings of $0.23 per share but delivered $0.25 per share, leading to a surprise of 8.70% [2]. Earnings Estimates and Predictions - Estimates for Ready Capital have been trending higher, influenced by its history of earnings surprises [5]. - The stock has a positive Zacks Earnings ESP of +8.33%, indicating that analysts have recently become more optimistic about the company's earnings prospects [8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a strong possibility of another earnings beat in the upcoming report [8]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7].
Angel Oak Mortgage (AOMR) Lags Q1 Earnings Estimates
ZACKS· 2025-05-05 13:11
Angel Oak Mortgage (AOMR) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -37.04%. A quarter ago, it was expected that this real estate finance company would post earnings of $0.25 per share when it actually produced earnings of $0.42, delivering a surprise of 68%.Over the last four q ...
NexPoint (NREF) Misses Q1 Earnings Estimates
ZACKS· 2025-05-01 14:35
Core Viewpoint - NexPoint (NREF) reported quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.46 per share, compared to a loss of $0.46 per share a year ago, indicating an earnings surprise of -10.87% [1] Group 1: Earnings Performance - Over the last four quarters, NexPoint has surpassed consensus EPS estimates three times [2] - The company posted revenues of $11.51 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 19.39%, compared to year-ago revenues of -$12.81 million [2] - The current consensus EPS estimate for the coming quarter is $0.50 on revenues of $10.17 million, and for the current fiscal year, it is $2 on revenues of $40.55 million [7] Group 2: Stock Performance and Outlook - NexPoint shares have declined approximately 6.8% since the beginning of the year, while the S&P 500 has decreased by 5.3% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] - The estimate revisions trend for NexPoint is mixed, and changes in earnings expectations may occur following the recent earnings report [6] Group 3: Industry Context - The REIT and Equity Trust industry, to which NexPoint belongs, is currently in the top 33% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Redwood Trust (RWT) Lags Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-30 23:25
Core Viewpoint - Redwood Trust reported quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.17 per share, but showing an improvement from $0.08 per share a year ago, indicating a -17.65% earnings surprise [1] - The company posted revenues of $27.9 million for the quarter, missing the consensus estimate by 10.89%, compared to $24 million in the same quarter last year [2] Earnings Performance - Over the last four quarters, Redwood Trust has surpassed consensus EPS estimates two times [2] - The company had an earnings surprise of -18.75% in the previous quarter, where it was expected to post earnings of $0.16 per share but delivered $0.13 [1] Stock Performance - Redwood Trust shares have declined approximately 4.8% since the beginning of the year, while the S&P 500 has seen a decline of 5.5% [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates for the upcoming quarter at $0.20 on revenues of $30.55 million, and $0.82 on revenues of $126.96 million for the current fiscal year [7] - The estimate revisions trend for Redwood Trust is currently favorable, resulting in a Zacks Rank 1 (Strong Buy) for the stock, suggesting expected outperformance in the near future [6] Industry Context - The REIT and Equity Trust industry, to which Redwood Trust belongs, is currently ranked in the bottom 43% of over 250 Zacks industries, indicating potential challenges ahead [8]
New York Mortgage Trust (NYMT) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-30 23:20
分组1 - New York Mortgage Trust (NYMT) reported quarterly earnings of $0.20 per share, exceeding the Zacks Consensus Estimate of $0.10 per share, compared to a loss of $0.30 per share a year ago, representing an earnings surprise of 100% [1] - The company posted revenues of $33.1 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 6.68%, and compared to year-ago revenues of $17.86 million [2] - Over the last four quarters, New York Mortgage Trust has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] 分组2 - The stock's immediate price movement will depend on management's commentary on the earnings call and future earnings expectations [3] - New York Mortgage Trust shares have lost about 3.1% since the beginning of the year, while the S&P 500 has declined by 5.5% [3] - The current consensus EPS estimate for the coming quarter is $0.13 on $33.06 million in revenues, and $0.49 on $135.96 million in revenues for the current fiscal year [7] 分组3 - The estimate revisions trend for New York Mortgage Trust is favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] - The REIT and Equity Trust industry is currently in the bottom 43% of the Zacks industries, which may impact stock performance [8] - Ready Capital, another stock in the same industry, is expected to report quarterly earnings of $0.12 per share, representing a year-over-year change of -58.6% [9]
Annaly Capital Management (NLY) Q1 Earnings Surpass Estimates
ZACKS· 2025-04-30 22:55
Annaly Capital Management (NLY) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.41%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.67 per share when it actually produced earnings of $0.72, delivering a surprise of 7.46%.Over the last ...
Blackstone Mortgage Trust (BXMT) Surpasses Q1 Earnings Estimates
ZACKS· 2025-04-30 13:05
Core Viewpoint - Blackstone Mortgage Trust (BXMT) reported quarterly earnings of $0.17 per share, significantly exceeding the Zacks Consensus Estimate of $0.01 per share, but down from $0.65 per share a year ago, indicating a substantial earnings surprise of 1,600% [1] Group 1: Earnings Performance - The company has surpassed consensus EPS estimates for the last four quarters, with a notable earnings surprise of 237.50% in the previous quarter [2][1] - Blackstone Mortgage's revenues for the quarter ended March 2025 were $89.82 million, missing the Zacks Consensus Estimate by 22.85%, and down from $142.39 million year-over-year [2] Group 2: Stock Performance and Outlook - Blackstone Mortgage shares have increased by approximately 8.9% since the beginning of the year, contrasting with a decline of -5.5% in the S&P 500 [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the earnings outlook for upcoming quarters [4][3] Group 3: Earnings Estimates and Industry Context - The current consensus EPS estimate for the upcoming quarter is $0.37 on revenues of $120.36 million, and for the current fiscal year, it is $1.07 on revenues of $478.78 million [7] - The REIT and Equity Trust industry, to which Blackstone Mortgage belongs, is currently ranked in the bottom 43% of over 250 Zacks industries, which may impact stock performance [8]
BrightSpire (BRSP) Q1 Earnings Meet Estimates
ZACKS· 2025-04-29 22:50
分组1 - BrightSpire (BRSP) reported quarterly earnings of $0.16 per share, matching the Zacks Consensus Estimate, but down from $0.23 per share a year ago [1] - Colony Credit posted revenues of $15.88 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 10.31%, and down from $27.43 million year-over-year [2] - Colony Credit shares have declined approximately 12.1% since the beginning of the year, compared to a 6% decline in the S&P 500 [3] 分组2 - The earnings outlook for Colony Credit is currently unfavorable, leading to a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] - The current consensus EPS estimate for Colony Credit is $0.16 on $16.4 million in revenues for the upcoming quarter, and $0.65 on $66.5 million in revenues for the current fiscal year [7] - The REIT and Equity Trust industry is ranked in the bottom 42% of Zacks industries, suggesting potential challenges for stocks in this sector [8] 分组3 - MFA Financial, another company in the same industry, is expected to report quarterly earnings of $0.39 per share, reflecting an 11.4% year-over-year increase, with revenues projected at $57.59 million, up 20.5% from the previous year [9][10]