FMY Company Profile and Key Details

Short-term trend indicators are bullishly aligned (SMA20 0.59%, SMA50 0.52%, SMA200 0.38%). The stock’s 14-day RSI is 54.67 (neutral), while the ATR of 0.09 points to tighter daily ranges. The stock remains sitting in the mid-range of its 52-week band, trading -1.78% below its high and over 4.46% above its low. Average 10-day trading volume of 3.04 thousand shares is in line with the 3-month average of 3.12 thousand, indicating normal recent market interest.

First Trust Mortgage Income Fund (NYSE:FMY) closed at $11.32 USD, losing -$0.15 (-1.31%) from the previous close of $11.47. The stock is currently trading near its 52-week low $11.32 and $12.37. With a market capitalization of about $47.69 million, First Trust Mortgage Income Fund is classified as a micro-cap and shows lower-than-market volatility (beta ~0.26). Key stats such as the average daily volume over the past year has been around 3.13 thousand shares, volume is running light vs its 52-week average. Headquartered in Wheaton, IL, First Trust Mortgage Income Fund operates in the Financial Services sector and the Asset Management - Income industry. The First Trust Mortgage Income Fund operates as a closed-end mutual fund primarily focused on generating income.

First Trust Mortgage Income Fund last paid a dividend of 0.78 per share, this equals a trailing yield of roughly 6.92%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $0.75. This means the shares are trading above this model’s fair value.

Our AI price prediction model suggests that First Trust Mortgage Income Fund stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term.

currently trading near 52-week highs band. Valuation shows First Trust Mortgage Income Fund trading at a premium to the broader market with a P/E of 16.09.

First Trust Mortgage Income Fund trades at a P/E ratio of 16.09, slightly below the S&P 500 average, with a price-to-sales ratio of 13.91 and a price-to-book ratio of 0.9 suggesting the stock is closer to book value. The P/FCF stands at 0.0, also below market averages.