First Trust Mortgage Income Fund Stock Forecast, Price & News

Wall Street analysts have given First Trust Mortgage Income Fund a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Trust Mortgage Income Fund wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

First Trust Mortgage Income Fund saw a decrease in short interest in March. As of March 31st, there was short interest totaling 2,400 shares, a decrease of 79.5% from the March 15th total of 11,700 shares. Based on an average daily volume of 8,300 shares, the short-interest ratio is presently 0.3 days.
View First Trust Mortgage Income Fund's Short Interest.

First Trust Mortgage Income Fund's stock was trading at $13.93 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FMY shares have decreased by 3.2% and is now trading at $13.4850.
View which stocks have been most impacted by COVID-19.

First Trust Mortgage Income Fund declared a monthly dividend on Monday, March 22nd. Shareholders of record on Monday, April 5th will be paid a dividend of $0.06 per share on Thursday, April 15th. This represents a $0.72 dividend on an annualized basis and a yield of 5.34%. The ex-dividend date of this dividend is Thursday, April 1st.
View First Trust Mortgage Income Fund's dividend history.

First Trust Mortgage Income Fund pays an annual dividend of $0.72 per share and currently has a dividend yield of 0.06%.
View First Trust Mortgage Income Fund's dividend history.

Some companies that are related to First Trust Mortgage Income Fund include Aberdeen Global Dynamic Dividend Fund (AGD), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein National Municipal Income Fund (AFB), AllianzGI Convertible & Income 2024 Target Term Fund (CBH), Apollo Tactical Income Fund (AIF), Ares Dynamic Credit Allocation Fund (ARDC), BlackRock 2022 Global Income Opportunity Trust (BGIO), BlackRock Corporate High Yield Fund (HYT), BlackRock Credit Allocation Income Trust (BTZ), BlackRock Floating Rate Income Strategies Fund (FRA), BlackRock Floating Rate Income Trust (BGT), BlackRock Limited Duration Income Trust (BLW) and BlackRock Muni Intermediate Duration Fund (MUI).
View all of FMY's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Mortgage Income Fund investors own include AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Blackrock Resources & Commodities Strategy Trust (BCX), Franklin Resources (BEN), BlackRock Enhanced International Dividend Trust (BGY), The Bank of Nova Scotia (BNS), BlackRock Enhanced Global Dividend Trust (BOE), British American Tobacco (BTI) and BlackRock Utilities, Infrastructure & Power Opportunities Trust (BUI).

First Trust Mortgage Income Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "FMY."

Shares of FMY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of FMY stock can currently be purchased for approximately $13.49.

The official website for First Trust Mortgage Income Fund is www.ftportfolios.com.