Below are the three companies in the Thrifts & Mortgage Finance industry with the lowest 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.
Lendingtree Inc ranks lowest with a forward earnings yield of 1.7%. Tfs Financial Co is next with a forward earnings yield of 2.0%. Kearny Financial ranks third lowest with a forward earnings yield of 2.4%.
Astoria Finl follows with a forward earnings yield of 2.7%, and Beneficial Banco rounds out the bottom five with a forward earnings yield of 3.3%.
SmarTrend recommended that subscribers consider buying shares of Lendingtree Inc on January 4th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $226.74. Since that recommendation, shares of Lendingtree Inc have risen 41.3%. We continue to monitor Lendingtree Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.