Gary Kain-led American Capital Agency (AGNC -2.8%) and American Capital Mortgage (MTGE -2%) lead the decline in an all-red mREIT sector (MORT -1%) today, with AGNC taking out its post-earnings low from last week. On the earnings call, Kain said upward pressure on rates had cooled to start Q2 and book value was headed higher, but markets may not be cooperating. The 10-year yield is up 8 bps today to a near 2-month high. Others: Annaly (NLY -1.2%), Invesco (IVR -1.2%), MFA (MFA -1.8%), Western Asset (WMC -1.3%). [View news story]
Interesting data and story line. QE, Bernanke, deflationary pressures, influx of foreign capital into U.S.
I have heard some Cyprus bank depositors have moved $ to U.S. :)
Hi RS, I'm tweeting this great article simply because you embrace the readership. You make investing fun, intellectual, common sense, intuitive. And you are right far more than you are wrong. Todd
15.3% Dividend Yield Makes This mREIT Attractive [View article]
Hi got that swing, I address AGNC's hedging methods in the article. I would recommend checking your "source of information" on your AGNC impression. TJ
15.3% Dividend Yield Makes This mREIT Attractive [View article]
Hi StueyG,
WSJ makes money with making people panic.
On the other hand, mREITs are a high risk trade due to their leverage and the fact that interest rates could jump. If hedging is not done appropriately by Gary Kain - then the stocks go poof.
3 Healthcare REITs For Dividend Investors [View article]
Hi Socksycat,
MPW is trading at $15.74 with a 5.1% yield. It has doubled in the past year. Valuations become stretched. As a REIT they will raise capital for further expansion into similar markets.
If you examine VTR (or any healthcare REIT), every valuation is stretched due to yield seekers.
My Last Article And My Last Best Idea [View article]
American Capital, Ltd. (ACAS) 03.17.13 [View instapost]
Gary Kain-led American Capital Agency (AGNC -2.8%) and American Capital Mortgage (MTGE -2%) lead the decline in an all-red mREIT sector (MORT -1%) today, with AGNC taking out its post-earnings low from last week. On the earnings call, Kain said upward pressure on rates had cooled to start Q2 and book value was headed higher, but markets may not be cooperating. The 10-year yield is up 8 bps today to a near 2-month high. Others: Annaly (NLY -1.2%), Invesco (IVR -1.2%), MFA (MFA -1.8%), Western Asset (WMC -1.3%). [View news story]
I have heard some Cyprus bank depositors have moved $ to U.S. :)
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A Tale Of 2 Bank Stocks [View article]
15.3% Dividend Yield Makes This mREIT Attractive [View article]
The only value a mREIT has is the "book value per share". That's the basic theme of valuation.These aren't stocks.
Todd
15.3% Dividend Yield Makes This mREIT Attractive [View article]
You should worry if the downgrade is from someone you respect.
Todd
15.3% Dividend Yield Makes This mREIT Attractive [View article]
15.3% Dividend Yield Makes This mREIT Attractive [View article]
WSJ makes money with making people panic.
On the other hand, mREITs are a high risk trade due to their leverage and the fact that interest rates could jump. If hedging is not done appropriately by Gary Kain - then the stocks go poof.
Definitely not a sector for "buy and hold".
Todd
15.3% Dividend Yield Makes This mREIT Attractive [View article]
3 Healthcare REITs For Dividend Investors [View article]
MPW is trading at $15.74 with a 5.1% yield. It has doubled in the past year. Valuations become stretched. As a REIT they will raise capital for further expansion into similar markets.
If you examine VTR (or any healthcare REIT), every valuation is stretched due to yield seekers.
TJ
15.3% Dividend Yield Makes This mREIT Attractive [View article]
General Electric: The Hazards Of A Perfect Stock Even After Solid Earnings [View article]
15.3% Dividend Yield Makes This mREIT Attractive [View article]
15.3% Dividend Yield Makes This mREIT Attractive [View article]