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During the past 9 years, First Trust Mortgageome Fund's highest 3-Year average EPS without NRI Growth Rate was 115.80% per year. The lowest was -28.80% per year. And the median was -0.75% per year.
First Trust Mortgageome Fund (NYSE:FMY) Earnings per Share (Diluted) Explanation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
First Trust Mortgageome Fund Earnings per Share (Diluted) Related Terms
First Trust Mortgageome Fund Earnings per Share (Diluted) Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
First Trust Mortgageome Fund Earnings per Share (Diluted) Chart
FMY vs OFS, SDEV, MGLD: Earnings per Share (Diluted) Comparison
For the Asset Management subindustry, First Trust Mortgageome Fund's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
First Trust Mortgageome Fund PE Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, First Trust Mortgageome Fund's PE Ratio distribution charts can be found below:
* The bar in red indicates where First Trust Mortgageome Fund's PE Ratio falls into.
First Trust Mortgageome Fund Earnings per Share (Diluted) Calculation
Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.
First Trust Mortgageome Fund's Earnings Per Share (Diluted) for the fiscal year that ended in Oct. 2025 is calculated as
Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.71
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.
What does a Earnings per Share (Diluted) of $0.71 mean?
First Trust Mortgageome Fund (FMY) has a Earnings per Share (Diluted) of $0.71 as of Apr. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on First Trust Mortgageome Fund and its competitors. According to the industry distribution chart, First Trust Mortgageome Fund ranks #999999 out of 841 companies in the Asset Management industry.
Is First Trust Mortgageome Fund's Earnings per Share (Diluted) too high?
First Trust Mortgageome Fund's current Earnings per Share (Diluted) is $0.71. The Asset Management industry median Earnings per Share (Diluted) is 11.60. First Trust Mortgageome Fund's value of $0.71 is 93.9% below this industry median. Based on the distribution chart, First Trust Mortgageome Fund ranks #999999 out of 841 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, First Trust Mortgageome Fund has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Trust Mortgageome Fund's Earnings per Share (Diluted) compare to OFS and SDEV?
According to the Asset Management industry distribution chart, First Trust Mortgageome Fund ranks #999999 out of 841 companies for Earnings per Share (Diluted). This places First Trust Mortgageome Fund in the lower half of its industry. The industry median Earnings per Share (Diluted) is 11.60. First Trust Mortgageome Fund's value of $0.71 is 93.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for an Asset Management company?
The median Earnings per Share (Diluted) among Asset Management companies is 11.60, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Trust Mortgageome Fund's current Earnings per Share (Diluted) of $0.71 is 93.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on First Trust Mortgageome Fund and its competitors. For the Asset Management industry, the median Earnings per Share (Diluted) is 11.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Trust Mortgageome Fund's current Earnings per Share (Diluted) is $0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Trust Mortgageome Fund stock overvalued right now?
Based on GuruFocus' analysis, First Trust Mortgageome Fund (FMY) is currently considered Fairly Valued. The stock's GF Value™ is $11.71, compared to a current price of $11.43 — trading 2.4% below its estimated fair value. The current Earnings per Share (Diluted) is $0.71 and 93.9% below the Asset Management industry median of 11.60. First Trust Mortgageome Fund's overall GF Score™ is 54/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For First Trust Mortgageome Fund (FMY), the current Earnings per Share (Diluted) is $0.71 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Trust Mortgageome Fund (FMY) Overvalued in 2026?
Based on GuruFocus' analysis, First Trust Mortgageome Fund stock appears to be undervalued.
The current stock price of $11.43 is trading 2.4% below its estimated GF Value™ of $11.71.
GuruFocus considers First Trust Mortgageome Fund to be Fairly Valued.
Key valuation signals for FMY:
Earnings per Share (Diluted): $0.71
GF Value™: $11.71 vs. price of $11.43 (2.4% below fair value)
Industry Position: 93.9% below the Asset Management median (#999999 of 841)
No single metric tells the full story. See the FMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Trust Mortgage Income Fund is a United States-based diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income. Its secondary investment objective is to preserve capital. The fund pursues its objectives by investing predominantly in mortgage-backed securities representing part ownership in a pool of either residential or commercial mortgage loans that, in the opinion of the Fund's investment advisor, offer an attractive combination of credit quality, yield, and maturity.
54GF Score
Get the complete analysis for FMY
Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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