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FMY

NEUTRAL
$11.9 Live
First Trust Mortgage Income Fund · NYSE
$11.4 52W Range $12.39

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 27, 2026
Market cap
$50.14M
P/E
11.02
ROE
8.5%
Profit margin
130.5%
Debt/Equity
N/A
Dividend yield
6.55%

AI Analysis

AI-powered fundamental assessment

Confidence
85%
FMY presents as a classic value-income play with a stable Piotroski F-Score of 5/9, indicating moderate financial health. While the stock trades attractively below its Graham Number ($17.69) and book value (P/B 0.92), it is plagued by significant negative growth in both revenue (-11.60%) and earnings (-30.20%). The technical trend is currently bearish (0/100), offsetting the appeal of its 6.55% dividend yield. Overall, the fund is stable but lacks a growth catalyst to drive price appreciation.

Key Strengths

Trading below book value (P/B 0.92)
Significant discount to Graham Number ($17.69)
Strong liquidity with a Current Ratio of 2.25
Attractive dividend yield of 6.55%
P/E ratio (11.02) is significantly lower than the sector average (38.59)

Key Risks

Sharp decline in YoY earnings growth (-30.20%)
Negative revenue growth (-11.60%)
Bearish technical trend (0/100 score)
High dividend payout ratio (79.63%) limiting reinvestment
Small market capitalization ($0.05B) leading to higher volatility
AI Fair Value Estimate
Based on comprehensive analysis
$12.62
+6.1% above current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
60
Strong
Value
85
Future
20
Past
60
Health
65
Dividend
70
AI Verdict
Stable Value Trap Risk
Key drivers: Low valuation multiples, Negative earnings trajectory, Strong liquidity ratios, Bearish technicals
Confidence
80%
Value
85/100

Ref P/E 11.02, Graham Number $17.69

Positives
  • P/B < 1.0
  • Price well below Graham Number
  • Low P/E relative to peers
Watchpoints
  • Price exceeds growth-based intrinsic value ($7.56)
Future
20/100

Ref Revenue Growth -11.60%, Earnings Growth -30.20%

Positives
No standout positives identified.
Watchpoints
  • Double-digit revenue decline
  • Significant earnings contraction
Past
60/100

Ref 5Y Change +20.7%, Technical Trend 0/100

Positives
  • Positive 3Y and 5Y price changes
Watchpoints
  • Recent technical momentum is non-existent
Health
65/100

Ref Piotroski F-Score 5/9, Current Ratio 2.25

Positives
  • Piotroski F-Score 5/9 (Stable)
  • Current Ratio 2.25
Watchpoints
  • Lack of Altman Z-Score data
Dividend
70/100

Ref Yield 6.55%, Payout 79.63%

Positives
  • Strong 6.55% yield
Watchpoints
  • High payout ratio (79.63%)

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$11.9

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for FMY and closest competitors.

Updated 2026-04-24
FMY
First Trust Mortgage Income Fund
Primary
5Y
+20.7%
3Y
+30.6%
1Y
+5.2%
6M
+1.8%
1M
+2.7%
1W
-1.4%
TCB
Texas Community Bancshares, Inc.
Peer
5Y
+18.0%
3Y
+53.7%
1Y
+15.2%
6M
+7.3%
1M
-7.1%
1W
+0.4%
MAT
Metalpha Technology Holding Limited
Peer
5Y
-17.6%
3Y
+15.8%
1Y
-23.5%
6M
-63.2%
1M
-5.7%
1W
+8.3%
HGB
Heritage Global Inc.
Peer
5Y
-53.3%
3Y
-51.4%
1Y
-30.7%
6M
-8.5%
1M
+12.0%
1W
+1.4%
MLC
Mount Logan Capital Inc.
Peer
5Y
-43.8%
3Y
-18.2%
1Y
+15.6%
6M
-47.2%
1M
-25.1%
1W
+15.4%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
11.02
Forward P/E
N/A
PEG Ratio
N/A
P/B Ratio
0.92
P/S Ratio
14.36
EV/Revenue
N/A
EV/EBITDA
N/A
Market Cap
$50.14M

Profitability

Profit margins and return metrics

Profit Margin 130.46%
Operating Margin 81.59%
Gross Margin 100.0%
ROE 8.46%
ROA 3.05%

Growth

Revenue and earnings growth rates

Revenue Growth -11.6%
Earnings Growth -30.2%
Q/Q Revenue Growth N/A
Q/Q Earnings Growth -30.2%

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
N/A
Current Ratio
2.25
Strong
Quick Ratio
2.03
Excellent
Cash/Share
$N/A

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Total Assets
$0.1B
Liabilities
$0.0B
Equity
$0.1B
Debt/Equity
0.07x

Financial Services Sector Comparison

Comparing FMY against 763 companies in the Financial Services sector (133 bullish, 317 neutral, 313 bearish)
P/E Ratio
11.02
This Stock
vs
38.21
Sector Avg
-71.2% (Discount)
Return on Equity (ROE)
8.46%
This Stock
vs
-1.82%
Sector Avg
-564.8% (Below Avg)
Profit Margin
130.46%
This Stock
vs
75.74%
Sector Avg
+72.2% (Superior)
Revenue Growth
-11.6%
This Stock
vs
37.18%
Sector Avg
-131.2% (Slower)
Current Ratio
2.25
This Stock
vs
3.32
Sector Avg
-32.4% (Weaker)

Similar Companies

Peer comparison within the same industry

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

KADLEC THOMAS R
Director
Buy
2025-10-31
503 shares · $6,056
Insider transactions can signal confidence or concerns about company prospects

Past News Coverage

Recent headlines mentioning FMY from our newsroom.

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