REIT - Mortgage Stocks
REIT - Mortgage: Ready Capital Corporation owns the largest revenue base; Dynex Capital, Inc. has the fastest current growth.
How has REIT - Mortgage moved against S&P 500?
The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this industry is 56% behind S&P 500. Earnings across its companies fell 19% on average over the last four reported quarters.
RS — · 7/30 >200d (−2) · 0/30 lead (−2) · EPS 13/30↑
Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 30 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
Is REIT - Mortgage outperforming S&P 500?
REIT - Mortgage has underperformed S&P 500 by 26.3% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 13.2%. 2 of 29 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. Adamas Trust, Inc. is the strongest against the sector itself at +30.5%.
Sector metric: — as of latest available · unclassified · direction unavailable.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
REIT - Mortgage has underperformed S&P 500 by 26.3% over 52 weeks and 13.2% over 13 weeks. 2 of 29 covered companies beat the S&P 500 on Mansfield relative strength, while 15 of 29 beat the sector itself. Ready Capital Corporation leads with income of $1,057 million, based on 13 of 29 comparable companies through Mar 2026.
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
How this score is built, and what the marks mean
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led S&P 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1NexPoint Real Estate Finance, Inc.NREF | 62.5/100Thin evidence · provisional56% evidence | FADING | 24.1/35 Income 41.8% · PAT 57.9% 55% evidence | 13.1/25 ROA — · ROE 3.1% · GNPA — 34% evidence | 8.6/20 P/BV 0.65× · P/BV÷ROE 0.21 70% evidence | 16.7/20 RS sector 27.5% · RS bench 5% · 1Y 20.6%5 of 12 weeks ahead 70% evidence |
| Exact sum: 24.1 + 13.1 + 8.6 + 16.7 = 62.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 2Ellington Financial Inc.EFC | 60.6/100Thin evidence · provisional56% evidence | ASLEEP | 24.8/35 Income 39.9% · PAT 43.1% 55% evidence | 13.9/25 ROA — · ROE 6% · GNPA — 34% evidence | 8.6/20 P/BV 0.77× · P/BV÷ROE 0.13 70% evidence | 13.3/20 RS sector 9.6% · RS bench -10.1% · 1Y 2.5%0 of 12 weeks ahead 70% evidence |
| Exact sum: 24.8 + 13.9 + 8.6 + 13.3 = 60.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 3Starwood Property Trust, Inc.STWD | 45.6/100Mixed-negative evidence62% evidence | BASING | 20.2/35 Income 12.3% · PAT 13.9% 55% evidence | 12.8/25 ROA — · ROE 0.8% · GNPA — 34% evidence | 3.3/20 P/BV 0.96× · P/BV÷ROE 1.2 70% evidence | 9.3/20 RS sector -1.5% · RS bench -19.5% · 1Y -18.2%0 of 12 weeks ahead 100% evidence |
| Exact sum: 20.2 + 12.8 + 3.3 + 9.3 = 45.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4Apollo Commercial Real Estate Finance, Inc.ARI | 43.1/100Thin evidence · provisional56% evidence | ASLEEP | 21.5/35 Income -8.3% · PAT 100% 55% evidence | 12.8/25 ROA — · ROE 1.4% · GNPA — 34% evidence | 5.0/20 P/BV 0.8× · P/BV÷ROE 0.57 70% evidence | 3.8/20 RS sector -26.8% · RS bench -40.1% · 1Y -32.2%0 of 12 weeks ahead 70% evidence |
| Exact sum: 21.5 + 12.8 + 5 + 3.8 = 43.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 5Franklin BSP Realty Trust, Inc.FBRT | 42.0/100Thin evidence · provisional54% evidence | ASLEEP | 20.4/35 Income — · PAT — 26% evidence | 11.0/25 ROA -0.6% · ROE 1.1% · GNPA — 68% evidence | 6.0/20 P/BV 0.55× · P/BV÷ROE 0.5 70% evidence | 4.6/20 RS sector -12.2% · RS bench -28.5% · 1Y -29.2%0 of 12 weeks ahead 70% evidence |
| Exact sum: 20.4 + 11 + 6 + 4.6 = 42 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 6Ready Capital CorporationRC | 39.2/100Thin evidence · provisional56% evidence | ASLEEP | 12.5/35 Income -25.8% · PAT -38.6% 55% evidence | 14.2/25 ROA — · ROE 5.9% · GNPA — 34% evidence | 8.6/20 P/BV 0.2× · P/BV÷ROE 0.03 70% evidence | 3.9/20 RS sector -25.8% · RS bench -40.5% · 1Y -60.9%0 of 12 weeks ahead 70% evidence |
| Exact sum: 12.5 + 14.2 + 8.6 + 3.9 = 39.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 7Chicago Atlantic Real Estate Finance, Inc.REFI | 39.1/100Thin evidence · provisional56% evidence | ASLEEP | 13.8/35 Income -12.5% · PAT -18.4% 55% evidence | 13.6/25 ROA — · ROE 1.6% · GNPA — 34% evidence | 6.4/20 P/BV 0.79× · P/BV÷ROE 0.49 70% evidence | 5.3/20 RS sector -10.2% · RS bench -26.7% · 1Y -27.1%0 of 12 weeks ahead 70% evidence |
| Exact sum: 13.8 + 13.6 + 6.4 + 5.3 = 39.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 8Annaly Capital Management, Inc.NLY | 56.9/100Thin evidence · provisional46% evidence | BASING | 19.1/35 Income — · PAT — 10% evidence | 13.1/25 ROA — · ROE 5.4% · GNPA — 34% evidence | 8.0/20 P/BV 0.97× · P/BV÷ROE 0.18 70% evidence | 16.7/20 RS sector 12.1% · RS bench -7.9% · 1Y 10.4%0 of 12 weeks ahead 100% evidence |
| Exact sum: 19.1 + 13.1 + 8 + 16.7 = 56.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 9Adamas Trust, Inc.ADAM | 56.7/100Thin evidence · provisional40% evidence | FADING | 18.8/35 Income — · PAT — 10% evidence | 12.3/25 ROA — · ROE 3.7% · GNPA — 34% evidence | 8.6/20 P/BV 0.57× · P/BV÷ROE 0.15 70% evidence | 17.0/20 RS sector 30.5% · RS bench 7.9% · 1Y 43.2%7 of 12 weeks ahead 70% evidence |
| Exact sum: 18.8 + 12.3 + 8.6 + 17 = 56.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 10Dynex Capital, Inc.DX | 50.7/100Thin evidence · provisional41% evidence | BASING | 19.7/35 Income 100% · PAT 100% 29% evidence | 9.6/25 ROA — · ROE -3.9% · GNPA — 34% evidence | 9.1/20 P/BV 0.97× · P/BV÷ROE — 10% evidence | 12.3/20 RS sector 5% · RS bench -13.8% · 1Y 2.7%0 of 12 weeks ahead 100% evidence |
| Exact sum: 19.7 + 9.6 + 9.1 + 12.3 = 50.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 11Two Harbors Investment Corp.TWO | 50.3/100Thin evidence · provisional28% evidence | ASLEEP | 16.0/35 Income — · PAT — 10% evidence | 9.3/25 ROA — · ROE -3.4% · GNPA — 34% evidence | 9.8/20 P/BV 0.75× · P/BV÷ROE — 10% evidence | 15.2/20 RS sector 19.1% · RS bench -1.6% · 1Y 22.5%5 of 12 weeks ahead 70% evidence |
| Exact sum: 16 + 9.3 + 9.8 + 15.2 = 50.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 12Rithm Capital Corp.RITM | 49.6/100Thin evidence · provisional46% evidence | BASING | 16.5/35 Income — · PAT — 10% evidence | 12.5/25 ROA — · ROE 0.8% · GNPA — 34% evidence | 4.7/20 P/BV 0.62× · P/BV÷ROE 0.77 70% evidence | 15.9/20 RS sector 6.9% · RS bench -12.9% · 1Y -16.5%0 of 12 weeks ahead 100% evidence |
| Exact sum: 16.5 + 12.5 + 4.7 + 15.9 = 49.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 13Ares Commercial Real Estate CorporationACRE | 47.6/100Thin evidence · provisional49% evidence | BASING | 15.1/35 Income -20.9% · PAT — 45% evidence | 11.3/25 ROA 0.1% · ROE -1.9% · GNPA — 68% evidence | 9.8/20 P/BV 0.54× · P/BV÷ROE — 10% evidence | 11.4/20 RS sector 4% · RS bench -14.7% · 1Y 6.9%0 of 12 weeks ahead 70% evidence |
| Exact sum: 15.1 + 11.3 + 9.8 + 11.4 = 47.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 14MFA Financial, Inc.MFA | 47.2/100Thin evidence · provisional44% evidence | BASING | 15.3/35 Income -3% · PAT -2.2% 55% evidence | 11.4/25 ROA — · ROE -0.1% · GNPA — 34% evidence | 9.8/20 P/BV 0.55× · P/BV÷ROE — 10% evidence | 10.7/20 RS sector 3% · RS bench -15.5% · 1Y -2.4%0 of 12 weeks ahead 70% evidence |
| Exact sum: 15.3 + 11.4 + 9.8 + 10.7 = 47.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 15AGNC Investment Corp.AGNC | 46.8/100Thin evidence · provisional50% evidence | ASLEEP | 14.9/35 Income — · PAT — 30% evidence | 8.4/25 ROA -0.5% · ROE -4.8% · GNPA — 68% evidence | 9.0/20 P/BV 1× · P/BV÷ROE — 10% evidence | 14.5/20 RS sector 10.1% · RS bench -9.5% · 1Y 12.6%0 of 12 weeks ahead 100% evidence |
| Exact sum: 14.9 + 8.4 + 9 + 14.5 = 46.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 16TPG RE Finance Trust, Inc.TRTX | 45.6/100Thin evidence · provisional40% evidence | ASLEEP | 17.6/35 Income — · PAT — 10% evidence | 12.7/25 ROA — · ROE 1.2% · GNPA — 34% evidence | 5.5/20 P/BV 0.62× · P/BV÷ROE 0.51 70% evidence | 9.8/20 RS sector 1.1% · RS bench -17.2% · 1Y -10%0 of 12 weeks ahead 70% evidence |
| Exact sum: 17.6 + 12.7 + 5.5 + 9.8 = 45.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 17Redwood Trust, Inc.RWT | 45.6/100Thin evidence · provisional28% evidence | BASING | 19.2/35 Income — · PAT — 10% evidence | 11.0/25 ROA — · ROE -0.1% · GNPA — 34% evidence | 9.8/20 P/BV 0.73× · P/BV÷ROE — 10% evidence | 5.6/20 RS sector -7.7% · RS bench -24.6% · 1Y -18.3%0 of 12 weeks ahead 70% evidence |
| Exact sum: 19.2 + 11 + 9.8 + 5.6 = 45.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 18Ladder Capital CorpLADR | 43.5/100Thin evidence · provisional40% evidence | BASING | 17.9/35 Income — · PAT — 10% evidence | 13.0/25 ROA — · ROE 1% · GNPA — 34% evidence | 3.8/20 P/BV 0.88× · P/BV÷ROE 0.88 70% evidence | 8.8/20 RS sector -0.1% · RS bench -18.3% · 1Y -13.2%0 of 12 weeks ahead 70% evidence |
| Exact sum: 17.9 + 13 + 3.8 + 8.8 = 43.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 19BrightSpire Capital, Inc.BRSP | 43.4/100Thin evidence · provisional48% evidence | ASLEEP | 19.6/35 Income — · PAT — 26% evidence | 10.2/25 ROA -0.4% · ROE -2.2% · GNPA — 68% evidence | 9.6/20 P/BV 0.8× · P/BV÷ROE — 10% evidence | 4.0/20 RS sector -3.3% · RS bench -20.7% · 1Y -6.6%0 of 12 weeks ahead 100% evidence |
| Exact sum: 19.6 + 10.2 + 9.6 + 4 = 43.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 20TPG Mortgage Investment Trust, Inc.MITT | 42.8/100Thin evidence · provisional44% evidence | ASLEEP | 13.3/35 Income -6.1% · PAT -23.4% 55% evidence | 11.4/25 ROA — · ROE -0.6% · GNPA — 34% evidence | 9.8/20 P/BV 0.43× · P/BV÷ROE — 10% evidence | 8.3/20 RS sector -0.6% · RS bench -18.5% · 1Y -3.5%0 of 12 weeks ahead 70% evidence |
| Exact sum: 13.3 + 11.4 + 9.8 + 8.3 = 42.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 21Angel Oak Mortgage REIT, Inc.AOMR | 42.6/100Thin evidence · provisional44% evidence | BASING | 9.3/35 Income -36.8% · PAT -56.8% 55% evidence | 9.8/25 ROA — · ROE -2.9% · GNPA — 34% evidence | 9.6/20 P/BV 0.8× · P/BV÷ROE — 10% evidence | 13.9/20 RS sector 11.9% · RS bench -8.3% · 1Y -0.1%0 of 12 weeks ahead 70% evidence |
| Exact sum: 9.3 + 9.8 + 9.6 + 13.9 = 42.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 22Chimera Investment CorporationCIM | 42.5/100Thin evidence · provisional44% evidence | BASING | 9.5/35 Income -35.7% · PAT -98.9% 55% evidence | 11.0/25 ROA — · ROE -0.8% · GNPA — 34% evidence | 9.8/20 P/BV 0.43× · P/BV÷ROE — 10% evidence | 12.2/20 RS sector 5% · RS bench -13.8% · 1Y -5.7%0 of 12 weeks ahead 70% evidence |
| Exact sum: 9.5 + 11 + 9.8 + 12.2 = 42.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 23Arbor Realty Trust, Inc.ABR | 42.0/100Thin evidence · provisional28% evidence | BASING | 17.0/35 Income — · PAT — 10% evidence | 11.9/25 ROA — · ROE -1% · GNPA — 34% evidence | 9.8/20 P/BV 0.37× · P/BV÷ROE — 10% evidence | 3.3/20 RS sector -29.9% · RS bench -43.6% · 1Y -55.8%0 of 12 weeks ahead 70% evidence |
| Exact sum: 17 + 11.9 + 9.8 + 3.3 = 42 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 24ARMOUR Residential REIT, Inc.ARR | 40.6/100Thin evidence · provisional48% evidence | BASING | 14.0/35 Income — · PAT — 26% evidence | 5.1/25 ROA -1% · ROE -9.5% · GNPA — 68% evidence | 9.5/20 P/BV 0.84× · P/BV÷ROE — 10% evidence | 12.0/20 RS sector 6.6% · RS bench -12.4% · 1Y 5.2%0 of 12 weeks ahead 100% evidence |
| Exact sum: 14 + 5.1 + 9.5 + 12 = 40.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 25PennyMac Mortgage Investment TrustPMT | 40.4/100Thin evidence · provisional28% evidence | BASING | 16.3/35 Income — · PAT — 10% evidence | 9.4/25 ROA — · ROE -4.7% · GNPA — 34% evidence | 9.8/20 P/BV 0.53× · P/BV÷ROE — 10% evidence | 4.9/20 RS sector -11.2% · RS bench -27.6% · 1Y -20.4%0 of 12 weeks ahead 70% evidence |
| Exact sum: 16.3 + 9.4 + 9.8 + 4.9 = 40.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 26Blackstone Mortgage Trust, Inc.BXMT | 37.7/100Thin evidence · provisional34% evidence | ASLEEP | 16.8/35 Income — · PAT — 10% evidence | 10.2/25 ROA — · ROE -2.4% · GNPA — 34% evidence | 9.4/20 P/BV 0.88× · P/BV÷ROE — 10% evidence | 1.3/20 RS sector -15.6% · RS bench -31% · 1Y -23.6%0 of 12 weeks ahead 100% evidence |
| Exact sum: 16.8 + 10.2 + 9.4 + 1.3 = 37.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 27Claros Mortgage Trust, Inc.CMTG | 37.1/100Thin evidence · provisional35% evidence | ASLEEP | 15.0/35 Income -677.5% · PAT — 29% evidence | 9.3/25 ROA — · ROE -3.2% · GNPA — 34% evidence | 9.8/20 P/BV 0.22× · P/BV÷ROE — 10% evidence | 3.0/20 RS sector -32.4% · RS bench -45.2% · 1Y -48.4%1 of 12 weeks ahead 70% evidence |
| Exact sum: 15 + 9.3 + 9.8 + 3 = 37.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 28Orchid Island Capital, Inc.ORC | 36.7/100Thin evidence · provisional42% evidence | BASING | 14.1/35 Income — · PAT — 26% evidence | 6.4/25 ROA -0.7% · ROE -5.8% · GNPA — 68% evidence | 9.1/20 P/BV 0.97× · P/BV÷ROE — 10% evidence | 7.1/20 RS sector -2.3% · RS bench -20% · 1Y -10.6%0 of 12 weeks ahead 70% evidence |
| Exact sum: 14.1 + 6.4 + 9.1 + 7.1 = 36.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 29Invesco Mortgage Capital Inc.IVR | 36.4/100Thin evidence · provisional42% evidence | BASING | 12.9/35 Income — · PAT — 26% evidence | 4.4/25 ROA -1.2% · ROE -9.5% · GNPA — 68% evidence | 9.8/20 P/BV 0.74× · P/BV÷ROE — 10% evidence | 9.3/20 RS sector 0.7% · RS bench -17.4% · 1Y -2.8%0 of 12 weeks ahead 70% evidence |
| Exact sum: 12.9 + 4.4 + 9.8 + 9.3 = 36.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Market action
Adamas Trust, Inc. has the strongest one-year price move in REIT - Mortgage at +43.2%. It also leads on Mansfield relative strength against the S&P 500 at +7.9%. 2 of 29 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-08-04.
Every company, the sector's own index and S&P 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind S&P 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS S&P 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against REIT - Mortgage itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
Income Scale & Growth Durability
Ready Capital Corporation has the highest Income among the 29 REIT - Mortgage companies compared here, at $1,057 million. Starwood Property Trust, Inc. is next at $904 million. Dynex Capital, Inc. has the highest Income growth at the 100% top of the scoring scale, so level and change sit with different companies.
What the numbers say: Ready Capital Corporation is the scale leader at $1,057 million, 16.9% ahead of Starwood Property Trust, Inc.. Dynex Capital, Inc.'s growth is stored at the ≥100% scoring cap; the uncapped TTM change is 181.5% from a $304 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
Investor read: Ready Capital Corporation is the scale benchmark; Dynex Capital, Inc. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Ready Capital Corporation's growth falls below Dynex Capital, Inc.'s for two consecutive comparable reports while operating margin also compresses.
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
Full 20-quarter history · every available company
Income · reported quarter history
Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Arbor Realty Trust, Inc. · ABR
ARMOUR Residential REIT, Inc. · ARR
Blackstone Mortgage Trust, Inc. · BXMT
Chimera Investment Corporation · CIM
Dynex Capital, Inc. · DX
Ellington Financial Inc. · EFC
Ladder Capital Corp · LADR
Orchid Island Capital, Inc. · ORC
Rithm Capital Corp. · RITM
Starwood Property Trust, Inc. · STWD
Two Harbors Investment Corp. · TWO
Income growth · reported quarter history
Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Annaly Capital Management, Inc. · NLY
Arbor Realty Trust, Inc. · ABR
ARMOUR Residential REIT, Inc. · ARR
Blackstone Mortgage Trust, Inc. · BXMT
Chimera Investment Corporation · CIM
Dynex Capital, Inc. · DX
Ellington Financial Inc. · EFC
Ladder Capital Corp · LADR
Orchid Island Capital, Inc. · ORC
Rithm Capital Corp. · RITM
Starwood Property Trust, Inc. · STWD
Two Harbors Investment Corp. · TWO
Profit Scale & Acceleration
Ready Capital Corporation has the highest Net profit among the 29 REIT - Mortgage companies compared here, at $631 million. Starwood Property Trust, Inc. is next at $384 million. Apollo Commercial Real Estate Finance, Inc. has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.
What the numbers say: Ready Capital Corporation leads with $631 million of TTM profit, 64.3% above Starwood Property Trust, Inc.. Apollo Commercial Real Estate Finance, Inc. shows ≥100% on the scoring scale (1054.5% uncapped) growth from a $127 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
Investor read: Ready Capital Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
All-company data · latest reported quarter
Full 20-quarter history · every available company
Net profit · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
AGNC Investment Corp. · AGNC
Annaly Capital Management, Inc. · NLY
ARMOUR Residential REIT, Inc. · ARR
Blackstone Mortgage Trust, Inc. · BXMT
Chimera Investment Corporation · CIM
Dynex Capital, Inc. · DX
Ellington Financial Inc. · EFC
Ladder Capital Corp · LADR
Orchid Island Capital, Inc. · ORC
Rithm Capital Corp. · RITM
Starwood Property Trust, Inc. · STWD
Two Harbors Investment Corp. · TWO
Profit growth · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
AGNC Investment Corp. · AGNC
Annaly Capital Management, Inc. · NLY
ARMOUR Residential REIT, Inc. · ARR
Blackstone Mortgage Trust, Inc. · BXMT
Chimera Investment Corporation · CIM
Dynex Capital, Inc. · DX
Ellington Financial Inc. · EFC
Ladder Capital Corp · LADR
Orchid Island Capital, Inc. · ORC
Rithm Capital Corp. · RITM
Starwood Property Trust, Inc. · STWD
Two Harbors Investment Corp. · TWO
Funding Base & Its Composition
No company in this REIT - Mortgage comparison reports a funding base figure this section can compare, so the Deposits rank is empty. On Borrowings, AGNC Investment Corp. is highest at $89,945 million, across 26 of 29 companies with a usable reading.
What the numbers say: There is not enough comparable evidence to name a reliable deposits leader.
Investor read: The current leader sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current borrowings signal.
All-company data · latest reported quarter
Full 20-quarter history · every available company
No consistent historical series is available for deposits.
Borrowings · reported quarter history
Showing the 12 largest of 26 companies with a series here. The remaining 14 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
AGNC Investment Corp. · AGNC
Annaly Capital Management, Inc. · NLY
Arbor Realty Trust, Inc. · ABR
Blackstone Mortgage Trust, Inc. · BXMT
Chimera Investment Corporation · CIM
Dynex Capital, Inc. · DX
Ellington Financial Inc. · EFC
Ladder Capital Corp · LADR
MFA Financial, Inc. · MFA
Rithm Capital Corp. · RITM
Starwood Property Trust, Inc. · STWD
Two Harbors Investment Corp. · TWO
Return On Assets
Ares Commercial Real Estate Corporation has the highest ROA among the 29 REIT - Mortgage companies compared here, at 0.1%. BrightSpire Capital, Inc. is next at -0.4%. Franklin BSP Realty Trust, Inc. has the highest ROA change at +0.3 percentage points, so level and change sit with different companies. Its ROA series carries 19 reported observations across the 20-quarter window.
What the numbers say: Ares Commercial Real Estate Corporation leads roa at 0.1%; Franklin BSP Realty Trust, Inc. leads roa change at +0.3 percentage points.
Investor read: Ares Commercial Real Estate Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roa change signal.
All-company data · latest reported quarter
| Company | ROA | ROA change | Reported |
|---|---|---|---|
| Ares Commercial Real Estate Corporation ACRE | 0.1% | 0.0 pp | Mar 2026 |
| BrightSpire Capital, Inc. BRSP | -0.4% | +0.1 pp | Jun 2026 |
| AGNC Investment Corp. AGNC | -0.5% | −0.7 pp | Jun 2026 |
| Franklin BSP Realty Trust, Inc. FBRT | -0.6% | +0.3 pp | Jun 2026 |
| Orchid Island Capital, Inc. ORC | -0.7% | −1.8 pp | Jun 2026 |
| ARMOUR Residential REIT, Inc. ARR | -1.0% | −1.8 pp | Jun 2026 |
| Invesco Mortgage Capital Inc. IVR | -1.2% | −2.5 pp | Jun 2026 |
Full 20-quarter history · every available company
ROA · reported quarter history
AGNC Investment Corp. · AGNC
Ares Commercial Real Estate Corporation · ACRE
ARMOUR Residential REIT, Inc. · ARR
BrightSpire Capital, Inc. · BRSP
Franklin BSP Realty Trust, Inc. · FBRT
Invesco Mortgage Capital Inc. · IVR
Orchid Island Capital, Inc. · ORC
ROA change · reported quarter history
AGNC Investment Corp. · AGNC
Ares Commercial Real Estate Corporation · ACRE
ARMOUR Residential REIT, Inc. · ARR
BrightSpire Capital, Inc. · BRSP
Franklin BSP Realty Trust, Inc. · FBRT
Invesco Mortgage Capital Inc. · IVR
Orchid Island Capital, Inc. · ORC
ROE — Leaders & Improvers
Ellington Financial Inc. has the highest ROE among the 29 REIT - Mortgage companies compared here, at 6%. Ready Capital Corporation is next at 5.9%. Redwood Trust, Inc. has the highest ROE change at +8.6 percentage points, so level and change sit with different companies. 29 of 29 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Ellington Financial Inc. leads roe at 6%; Redwood Trust, Inc. leads roe change at +8.6 percentage points.
Investor read: Ellington Financial Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roe change signal.
All-company data · latest reported quarter
Full 20-quarter history · every available company
ROE · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
AGNC Investment Corp. · AGNC
Annaly Capital Management, Inc. · NLY
ARMOUR Residential REIT, Inc. · ARR
Blackstone Mortgage Trust, Inc. · BXMT
Chimera Investment Corporation · CIM
Dynex Capital, Inc. · DX
Ellington Financial Inc. · EFC
Ladder Capital Corp · LADR
Orchid Island Capital, Inc. · ORC
Rithm Capital Corp. · RITM
Starwood Property Trust, Inc. · STWD
Two Harbors Investment Corp. · TWO
ROE change · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
AGNC Investment Corp. · AGNC
Annaly Capital Management, Inc. · NLY
ARMOUR Residential REIT, Inc. · ARR
Blackstone Mortgage Trust, Inc. · BXMT
Chimera Investment Corporation · CIM
Dynex Capital, Inc. · DX
Ellington Financial Inc. · EFC
Ladder Capital Corp · LADR
Orchid Island Capital, Inc. · ORC
Rithm Capital Corp. · RITM
Starwood Property Trust, Inc. · STWD
Two Harbors Investment Corp. · TWO
Gross NPA — Leaders & Improvers
No company in this REIT - Mortgage comparison reports gross NPA on a comparable basis, so there is nothing to rank here — 0 of 29 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Jun 2026.
Valuation Against Growth & Quality
Ready Capital Corporation has the lowest P/BV ÷ ROE among the 29 REIT - Mortgage companies compared here, at 0.03×. Ellington Financial Inc. is next at 0.13×. The same company also holds the lowest P/BV, at 0.2×. 12 of 29 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Ready Capital Corporation has the lowest comparable P/BV ÷ ROE at 0.03×, 76.9% below Ellington Financial Inc.. Only 12 of 29 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.
All-company data · latest reported quarter
Full 20-quarter history · every available company
P/BV ÷ ROE · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
AGNC Investment Corp. · AGNC
Annaly Capital Management, Inc. · NLY
ARMOUR Residential REIT, Inc. · ARR
Blackstone Mortgage Trust, Inc. · BXMT
Chimera Investment Corporation · CIM
Dynex Capital, Inc. · DX
Ellington Financial Inc. · EFC
Ladder Capital Corp · LADR
Orchid Island Capital, Inc. · ORC
Rithm Capital Corp. · RITM
Starwood Property Trust, Inc. · STWD
Two Harbors Investment Corp. · TWO
P/BV · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
AGNC Investment Corp. · AGNC
Annaly Capital Management, Inc. · NLY
ARMOUR Residential REIT, Inc. · ARR
Blackstone Mortgage Trust, Inc. · BXMT
Chimera Investment Corporation · CIM
Dynex Capital, Inc. · DX
Ellington Financial Inc. · EFC
Ladder Capital Corp · LADR
Orchid Island Capital, Inc. · ORC
Rithm Capital Corp. · RITM
Starwood Property Trust, Inc. · STWD
Two Harbors Investment Corp. · TWO
What can make this comparison misleading?
This REIT - Mortgage comparison names 6 specific ways its own evidence can mislead, all listed below. All 29 companies here report on comparable dates, so no rank carries a stale marker. 2 of the 7 ranked sections have fewer than three usable current readings. A high growth rate can still be a low-base artefact.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROE can be manufactured with leverage. Read it beside ROA and asset quality.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- Banks and lenders are not forced through operating-margin or ROCE comparisons; missing lender-specific fields remain visibly missing.
- Thin comparisons: Funding base, Asset quality have fewer than three usable current readings.
How was this comparison built?
This comparison is built from the reported filings of 29 REIT - Mortgage companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-04. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
REIT - Mortgage company comparison FAQs
These 21 answers restate the REIT - Mortgage comparison above in question form. Every one is computed from the same 29 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-04. Nothing here is estimated, and none of it is a recommendation.
Is the REIT - Mortgage sector outperforming S&P 500?
REIT - Mortgage has underperformed S&P 500 by 26.3% over 52 weeks and 13.2% over 13 weeks. 2 of 29 covered companies beat the S&P 500 on Mansfield relative strength, while 15 of 29 beat the sector itself.
Which REIT - Mortgage company is largest by income?
Ready Capital Corporation leads with income of $1,057 million, based on 13 of 29 comparable companies through Mar 2026.
Which REIT - Mortgage company is growing fastest?
Dynex Capital, Inc. has the fastest current income growth at 100%, across 13 of 29 comparable companies.
Which REIT - Mortgage company has the strongest 4-Factor Sector Score?
NexPoint Real Estate Finance, Inc. ranks first at 62.5/100 with 55.7% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which REIT - Mortgage company has the lowest comparable P/BV-to-ROE?
Ready Capital Corporation has the lowest comparable P/BV ÷ ROE at 0.03, among 12 of 29 companies whose earnings and growth are steady enough for the ratio to mean anything.
How much history does this REIT - Mortgage comparison include?
The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Which REIT - Mortgage company is the biggest?
Ready Capital Corporation is the largest, with trailing-twelve-month income of $1,057 million, ahead of Starwood Property Trust, Inc. at $904 million. That covers 13 of 29 companies with comparable reporting through Mar 2026.
Which REIT - Mortgage company makes the most profit?
Ready Capital Corporation earns the most, at $631 million of trailing-twelve-month net profit, from 13 of 29 comparable companies. Apollo Commercial Real Estate Finance, Inc. has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.
Which REIT - Mortgage company earns the highest return on capital?
Ares Commercial Real Estate Corporation leads on return on assets at 0.1%, across 7 of 29 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which REIT - Mortgage stock is the cheapest?
On price-to-book divided by return on equity — where a LOWER number is cheaper — Ready Capital Corporation screens cheapest at 0.03×. Only 12 of 29 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Is the REIT - Mortgage sector beating the market?
REIT - Mortgage has underperformed S&P 500 by 26.3% over the last 52 weeks and 13.2% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 2 of 29 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which REIT - Mortgage stock has the strongest price momentum?
Adamas Trust, Inc. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which REIT - Mortgage company scores highest for research priority?
NexPoint Real Estate Finance, Inc. scores 62.5 out of 100 with 55.7% evidence confidence, from 24.1 points on growth and earnings, 13.1 on capital efficiency, 8.6 on valuation and 16.7 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many REIT - Mortgage companies does this comparison cover, and over what period?
It compares 29 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the REIT - Mortgage sector?
The 29 REIT - Mortgage companies on this page carry $65,623 million of combined market value. Annaly Capital Management, Inc. is the largest at $17,147 million, about 26% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-04.
What is the REIT - Mortgage sector's P/B ratio?
The median price-to-book ratio across the 29 REIT - Mortgage companies on this page is 0.7×, measured on the 29 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-04.
How is the REIT - Mortgage sector performing?
2 of the 29 covered REIT - Mortgage companies are beating S&P 500 on Mansfield relative strength. The sector itself is 26.3% behind S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-04.
How many REIT - Mortgage stocks are listed in the US?
This comparison covers 29 listed REIT - Mortgage companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.