FMY (First Trust Mortgageome Fund) EPS without NRI: $0.71 (TTM As of Apr. 2026)

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FMY First Trust Mortgage Income Fund FMY
54 GF Score
Price $11.43
GF Value $11.71
Valuation Fairly Valued
! 5 Warning Signs
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What is First Trust Mortgageome Fund EPS without NRI?

First Trust Mortgageome Fund FMY -3.46% 54 EPS without NRI is $0.71 as of Apr. 2026. GuruFocus rates FMY with a GF Score™ of 54/100 and a GF Value™ of $11.71 (Fairly Valued). The stock has 5 warning signs investors should review. Among 841 Asset Management companies, First Trust Mortgageome Fund ranks worse than 118905.95% on this metric.

First Trust Mortgageome Fund's earnings per share without non-recurring items for the six months ended in Apr. 2026 was $0.16. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Apr. 2026 was $0.71.

During the past 12 months, First Trust Mortgageome Fund's average earnings per share (NRI) Growth Rate was -46.30% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 0.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for First Trust Mortgageome Fund's EPS without NRI or its related term are showing as below:

During the past 9 years, First Trust Mortgageome Fund's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 115.80% per year. The lowest was -28.80% per year. And the median was -0.75% per year.

FMY's 3-Year EPS without NRI Growth Rate is not ranked *
in the Asset Management industry.
Industry Median: 11.6
* Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.

First Trust Mortgageome Fund's EPS (Diluted) for the six months ended in Apr. 2026 was $0.16. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $0.71.

First Trust Mortgageome Fund's EPS (Basic) for the six months ended in Apr. 2026 was $0.16. Its EPS (Basic) for the trailing twelve months (TTM) ended in Apr. 2026 was $0.71.


First Trust Mortgageome Fund  (NYSE:FMY) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


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 EPS without NRI Related Terms


First Trust Mortgageome Fund EPS without NRI Historical Data

* Premium members only.

The historical data trend for First Trust Mortgageome Fund's EPS without NRI can be seen below:

* 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 EPS without NRI Chart

First Trust Mortgageome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only 0.19 -1.17 0.31 1.91 1.08

First Trust Mortgageome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
EPS without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.12 0.78 0.53 0.55 0.16

FMY vs OFS, SDEV, MGLD: EPS without NRI Comparison

For the Asset Management subindustry, First Trust Mortgageome Fund's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 without NRI vs Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Mortgageome Fund's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where First Trust Mortgageome Fund's PE Ratio without NRI falls into.


FMY
54GF Score
First Trust Mortgage Income Fund FMY
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Trust Mortgageome Fund EPS without NRI Calculation

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.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI 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.

Frequently Asked Questions Learn more about EPS without NRI →
What does a EPS without NRI of $0.71 mean?
First Trust Mortgageome Fund (FMY) has a EPS without NRI of $0.71 as of Apr. 2026. EPS without NRI represents per-share earnings excluding one-time charges. 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 EPS without NRI too high?
First Trust Mortgageome Fund's current EPS without NRI is $0.71. The Asset Management industry median EPS without NRI 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 EPS without NRI compare to OFS and SDEV?
According to the Asset Management industry distribution chart, First Trust Mortgageome Fund ranks #999999 out of 841 companies for EPS without NRI. This places First Trust Mortgageome Fund in the lower half of its industry. The industry median EPS without NRI 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 EPS without NRI for an Asset Management company?
The median EPS without NRI among Asset Management companies is 11.60, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Trust Mortgageome Fund's current EPS without NRI 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 EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on First Trust Mortgageome Fund and its competitors. For the Asset Management industry, the median EPS without NRI 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 EPS without NRI 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 EPS without NRI 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 EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For First Trust Mortgageome Fund (FMY), the current EPS without NRI 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:

  • EPS without NRI: $0.71
  • GF Value™: $11.71 vs. price of $11.43 (2.4% below fair value)
  • GF Score™: 54/100 with 5 warning signs
  • 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 Mortgageome Fund Business Description

Address 120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
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

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.43
Price
$11.71
GF Value