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Shares of Chimera Investment Rank the Highest in Terms of Forward Earnings Yield in the Mortgage REITs Industry (CIM, ARR, NRF, NYMT, AGNC)May 08, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Mortgage REITs industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.Chimera Investment ranks highest with a forward earnings yield of 15.5%. Armour Residential REIT is next with a forward earnings yield of 15.2%. NorthStar Realty Finance ranks third highest with a forward earnings yield of 14.3%. New York Mortgage Trust follows with a forward earnings yield of 14.0%, and American Capital Agency rounds out the top five with a forward earnings yield of 13.4%. SmarTrend recommended that subscribers consider buying shares of NorthStar Realty Finance on August 17th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $5.64. Since that recommendation, shares of NorthStar Realty Finance have risen 80.3%. We continue to monitor NorthStar Realty Finance for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |