Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, mortgage real estate investment trust Hatteras Financial (NYSE: HTS ) has earned a respected four-star ranking.
With that in mind, let's take a closer look at Hatteras' business and see what CAPS investors are saying about the stock right now.
Hatteras facts
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Headquarters (founded)
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Winston Salem, N.C. (2007)
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Market Cap
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$1.79 billion
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Industry
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Mortgage REITs
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Trailing-12-Month Revenue
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$225.3 million
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Management
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Chairman/CEO Michael Hough
President/COO Benjamin Hough
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Return on Equity (average, past 2 years)
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17%
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Total Debt
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$14.9 billion
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Dividend Yield
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16.4%
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Competitors
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Annaly Capital Management (NYSE: NLY )
Anworth Mortgage Asset (NYSE: ANH )
Capstead Mortgage (NYSE: CMO )
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Source: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 94% of the 280 members who have rated Hatteras believe the stock will outperform the S&P 500 going forward. These bulls include B1ll1am and PhysicsRules.
Earlier this year, B1ll1am tapped Hatteras as a timely income opportunity: "As long as interest rates stay low, [mortgage REITs] will be very profitable and pay huge dividends. Interest rates should remain low for at least 2 more years as the Real Estate market is still under pressure."
Hatteras, in particular, sports a whopping dividend yield of 16.4%. That's slightly higher than that of competitors such as Annaly (15.2%), Anworth (14.2%), and Capstead (15.4%).
CAPS member PhysicsRules touches on the company's solid track record:
Hatteras Financial Services is a REIT throwing off dividends comparable to NLY. Smarter people than me can analyze their portfolios and decide if the stream remains stable. I can only speak from experience, I have owned 500 shares for several years now. The dividend shows up every quarter and now I find myself in the very weird position where the shares I hold have been paid for entirely with the dividend.
What do you think about Hatteras, or any other stock for that matter? If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future, and on Motley Fool CAPS, thousands of investors are working every day to find them. CAPS is 100% free, so get started!
Interested in another easy way to track Hatteras? Add it to your watchlist.
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