Ratings by Citizens (Steven DeLaney)
| Date | Company | Symbol | Type | Rating (Past) |
PT (Past) |
Start $ (End $) |
% Chg. | Details |
|---|---|---|---|---|---|---|---|---|
| 4/2/2026 | Arbor Realty Trust | ABR | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 3/12/2026 | Velocity Financial | VEL | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 1/9/2026 | Franklin BSP Realty Trust | FBRT | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 11/25/2025 | Starwood Property Trust | STWD | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 11/7/2025 | Velocity Financial | VEL | Maintain | Market Outperform (N/A) |
|
Details | ||
| 10/30/2025 | Bright Spire Capital | BRSP | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 10/24/2025 | Redwood Trust | RWT | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 10/10/2025 | Walker & Dunlop | WD | Upgrade | Market Outperform (Market Perform) |
79.55 (48.32) |
-39.26% | Details | |
| 9/23/2025 | Velocity Financial | VEL | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 9/11/2025 | Acres Commercial Realty Corp | ACR | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 8/22/2025 | KKR Real Estate Financial Trust | KREF | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 8/19/2025 | Arbor Realty Trust | ABR | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 8/5/2025 | MFA Financial Inc. | MFA | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 8/1/2025 | Acres Commercial Realty Corp | ACR | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 7/22/2025 | Starwood Property Trust | STWD | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 7/18/2025 | Ares Commercial | ACRE | Maintain | Market Perform (Market Perform) |
|
Details | ||
| 7/17/2025 | MFA Financial Inc. | MFA | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 7/1/2025 | Starwood Property Trust | STWD | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 6/10/2025 | Velocity Financial | VEL | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 5/29/2025 | Arbor Realty Trust | ABR | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 5/20/2025 | KKR Real Estate Financial Trust | KREF | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 5/2/2025 | Acres Commercial Realty Corp | ACR | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 4/29/2025 | Franklin BSP Realty Trust | FBRT | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 4/24/2025 | KKR Real Estate Financial Trust | KREF | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 4/22/2025 | Bright Spire Capital | BRSP | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 4/21/2025 | Ares Commercial | ACRE | Maintain | Market Perform (Market Perform) |
|
Details | ||
| 4/17/2025 | MFA Financial Inc. | MFA | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 3/26/2025 | MFA Financial Inc. | MFA | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 3/19/2025 | Arbor Realty Trust | ABR | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 3/12/2025 | Franklin BSP Realty Trust | FBRT | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 3/7/2025 | Velocity Financial | VEL | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 3/6/2025 | Acres Commercial Realty Corp | ACR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 2/24/2025 | Arbor Realty Trust | ABR | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 2/20/2025 | Bright Spire Capital | BRSP | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 1/24/2025 | Bright Spire Capital | BRSP | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 1/23/2025 | MFA Financial Inc. | MFA | Maintain | Market Outperform (N/A) |
|
Details | ||
| 11/7/2024 | Starwood Property Trust | STWD | Maintain | Market Outperform (N/A) |
|
Details | ||
| 10/30/2024 | KKR Real Estate Financial Trust | KREF | Maintain | Market Outperform (N/A) |
|
Details | ||
| 9/27/2024 | Arbor Realty Trust | ABR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 9/25/2024 | Acres Commercial Realty Corp | ACR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 9/6/2024 | MFA Financial Inc. | MFA | Maintain | Market Outperform (N/A) |
|
Details | ||
| 8/2/2024 | Velocity Financial | VEL | Maintain | Market Outperform (N/A) |
|
Details | ||
| 7/31/2024 | Bright Spire Capital | BRSP | Maintain | Market Outperform (N/A) |
|
Details | ||
| 6/20/2024 | Arbor Realty Trust | ABR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 4/30/2024 | Velocity Financial | VEL | Maintain | Market Outperform (N/A) |
|
Details | ||
| 4/30/2024 | Acres Commercial Realty Corp | ACR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 4/24/2024 | KKR Real Estate Financial Trust | KREF | Maintain | Market Outperform (N/A) |
|
Details | ||
| 3/8/2024 | Velocity Financial | VEL | Maintain | Market Outperform (N/A) |
|
Details | ||
| 2/7/2024 | KKR Real Estate Financial Trust | KREF | Maintain | Market Outperform (N/A) |
|
Details | ||
| 2/1/2024 | Arbor Realty Trust | ABR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 1/12/2024 | Great Ajax Corp. | AJX | Downgrade | Market Perform (Market Outperform) |
5.37 (3.02) |
-43.76% | Details | |
| 1/10/2024 | Franklin BSP Realty Trust | FBRT | Upgrade | Market Outperform (Market Perform) |
13.55 (8.28) |
-38.89% | Details | |
| 12/5/2023 | KKR Real Estate Financial Trust | KREF | Maintain | Market Outperform (N/A) |
|
Details | ||
| 12/5/2023 | Ares Commercial | ACRE | Downgrade | Market Perform (Market Outperform) |
10.34 (4.89) |
-52.71% | Details | |
| 11/1/2023 | Bright Spire Capital | BRSP | Maintain | Market Outperform (N/A) |
|
Details | ||
| 10/25/2023 | KKR Real Estate Financial Trust | KREF | Maintain | Market Outperform (N/A) |
|
Details | ||
| 10/19/2023 | MFA Financial Inc. | MFA | Maintain | Market Outperform (N/A) |
|
Details | ||
| 8/30/2023 | KKR Real Estate Financial Trust | KREF | Maintain | Market Outperform (N/A) |
|
Details | ||
| 8/8/2023 | UWM Holdings Corp. | UWMC | Downgrade | Market Perform (Market Outperform) |
6.74 (2.73) |
-59.5% | Details | |
| 8/4/2023 | Velocity Financial | VEL | Maintain | Market Outperform (N/A) |
|
Details | ||
| 8/3/2023 | Ares Commercial | ACRE | Maintain | Market Outperform (N/A) |
|
Details | ||
| 7/21/2023 | MFA Mortgage | MFA | Maintain | Market Outperform (N/A) |
|
Details | ||
| 7/19/2023 | Arbor Realty Trust | ABR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 7/14/2023 | Starwood Property Trust | STWD | Maintain | Market Outperform (N/A) |
|
Details | ||
| 5/3/2023 | Ares Commercial | ACRE | Maintain | Market Outperform (N/A) |
|
Details | ||
| 5/2/2023 | Walker & Dunlop | WD | Downgrade | Market Perform (Market Outperform) |
67.31 (79.55) |
18.18% | Details | |
| 4/28/2023 | UWM Holdings Corp. | UWMC | Maintain | Market Outperform (N/A) |
|
Details | ||
| 4/21/2023 | MFA Mortgage | MFA | Maintain | Market Outperform (N/A) |
|
Details | ||
| 3/2/2023 | UWM Holdings Corp. | UWMC | Maintain | Market Outperform (N/A) |
|
Details | ||
| 2/21/2023 | Claros Mortgage Trust Inc | CMTG | Downgrade | Market Perform (Market Outperform) |
15.80 (2.34) |
-85.19% | Details | |
| 2/14/2023 | Claros Mortgage Trust Inc | CMTG | Maintain | Market Outperform (N/A) |
|
Details | ||
| 2/1/2023 | KKR Real Estate Financial Trust | KREF | Maintain | Market Outperform (N/A) |
|
Details | ||
| 11/10/2022 | Walker & Dunlop | WD | Maintain | Market Outperform (N/A) |
|
Details | ||
| 11/4/2022 | Velocity Financial | VEL | Maintain | Market Outperform (N/A) |
|
Details | ||
| 11/3/2022 | Bright Spire Capital | BRSP | Maintain | Market Outperform (N/A) |
|
Details | ||
| 11/1/2022 | Arbor Realty Trust | ABR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 10/20/2022 | MFA Mortgage | MFA | Maintain | Market Outperform (N/A) |
|
Details | ||
| 10/14/2022 | Ares Commercial | ACRE | Maintain | Market Outperform (N/A) |
|
Details | ||
| 9/29/2022 | Nexpoint Real Estate | NREF | New Coverage | Market Perform (N/A) |
16.55 (15.51) |
-6.28% | Details | |
| 9/8/2022 | Bright Spire Capital | BRSP | Maintain | Market Outperform (N/A) |
|
Details | ||
| 8/18/2022 | Franklin BSP Realty Trust | FBRT | Downgrade | Market Perform (Market Outperform) |
15.61 (8.28) |
-46.96% | Details | |
| 8/9/2022 | Starwood Property Trust | STWD | Maintain | Market Outperform (N/A) |
|
Details | ||
| 7/22/2022 | KKR Real Estate Financial Trust | KREF | Maintain | Market Outperform (N/A) |
|
Details | ||
| 7/14/2022 | Acres Commercial Realty Corp | ACR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 7/7/2022 | Claros Mortgage Trust Inc | CMTG | Maintain | Market Outperform (N/A) |
|
Details | ||
| 6/14/2022 | MFA Mortgage | MFA | Maintain | Market Outperform (N/A) |
|
Details | ||
| 5/26/2022 | UWM Holdings Corp. | UWMC | Maintain | Market Outperform (N/A) |
|
Details | ||
| 4/26/2022 | MFA Mortgage | MFA | Maintain | Market Outperform (N/A) |
|
Details | ||
| 4/18/2022 | Velocity Financial | VEL | Maintain | Market Outperform (N/A) |
|
Details | ||
| 4/13/2022 | Home Point Capital Inc. | HMPT | Downgrade | Market Perform (Market Outperform) |
3.29 (2.32) |
-29.48% | Details | |
| 4/8/2022 | UWM Holdings Corp. | UWMC | Maintain | Market Outperform (N/A) |
|
Details | ||
| 3/10/2022 | Franklin BSP Realty Trust | FBRT | New Coverage | Market Outperform (N/A) |
12.81 (8.28) |
-35.36% | Details | |
| 3/4/2022 | Acres Commercial Realty Corp | ACR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 2/23/2022 | Home Point Capital Inc. | HMPT | Maintain | Market Outperform (N/A) |
|
Details | ||
| 12/17/2021 | Bright Spire Capital | BRSP | New Coverage | Market Outperform (N/A) |
9.38 (5.50) |
-41.36% | Details | |
| 12/10/2021 | Arbor Realty Trust | ABR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 11/29/2021 | Claros Mortgage Trust Inc | CMTG | New Coverage | Market Outperform (N/A) |
17.04 (2.34) |
-86.27% | Details | |
| 11/5/2021 | Acres Commercial Realty Corp | ACR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 11/4/2021 | Velocity Financial | VEL | Maintain | Market Outperform (N/A) |
|
Details | ||
| 10/26/2021 | KKR Real Estate Financial Trust | KREF | Maintain | Market Outperform (N/A) |
|
Details | ||
| 9/30/2021 | Arbor Realty Trust | ABR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 9/2/2021 | UWM Holdings Corp. | UWMC | Maintain | Market Outperform (N/A) |
|
Details | ||
| 8/26/2021 | Home Point Capital Inc. | HMPT | Maintain | Market Outperform (N/A) |
|
Details | ||
| 8/11/2021 | Cherry Hill Mortgage | CHMI | Downgrade | Market Perform (Market Outperform) |
9.16 (2.36) |
-74.24% | Details | |
| 8/4/2021 | Starwood Property Trust | STWD | Maintain | Market Outperform (N/A) |
|
Details | ||
| 7/27/2021 | KKR Real Estate Financial Trust | KREF | Maintain | Market Outperform (N/A) |
|
Details | ||
| 7/16/2021 | MFA Mortgage | MFA | Maintain | Market Outperform (N/A) |
|
Details | ||
| 6/25/2021 | Ready Capital Corp. | RC | Maintain | Market Outperform (N/A) |
|
Details | ||
| 6/8/2021 | Acres Commercial Realty Corp | ACR | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 5/26/2021 | Home Point Capital Inc. | HMPT | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 5/25/2021 | UWM Holdings Corp. | UWMC | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 5/4/2021 | Velocity Financial | VEL | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 4/28/2021 | KKR Real Estate Financial Trust | KREF | Upgrade | Market Outperform (Market Perform) |
19.63 (6.09) |
-68.98% | Details | |
| 4/16/2021 | MFA Mortgage | MFA | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 4/7/2021 | Broadmark Realty Capital Inc. | BRMK | New Coverage | Market Perform (N/A) |
10.53 (4.82) |
-54.23% | Details | |
| 3/17/2021 | Velocity Financial | VEL | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 3/16/2021 | Longtop Financial | LFT | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 3/12/2021 | Ready Capital Corp. | RC | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 3/11/2021 | Capstead Mortgage | CMO | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 2/23/2021 | Home Point Capital Inc. | HMPT | New Coverage | Market Outperform (N/A) |
12.00 (2.32) |
-80.67% | Details | |
| 2/11/2021 | Annaly Capital Management | NLY | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 1/22/2021 | MFA Mortgage | MFA | Maintain | Market Outperform (N/A) |
|
Details | ||
| 11/5/2020 | Ready Capital Corp. | RC | Maintain | Market Outperform (N/A) |
|
Details | ||
| 10/23/2020 | Redwood Trust | RWT | Upgrade | Market Outperform (Market Perform) |
8.19 (5.22) |
-36.26% | Details | |
| 10/6/2020 | Ladder Capital | LADR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 8/26/2020 | Velocity Financial | VEL | Maintain | Market Outperform (N/A) |
|
Details | ||
| 8/24/2020 | MFA Mortgage | MFA | Upgrade | Market Outperform (Market Perform) |
2.70 (9.15) |
238.89% | Details | |
| 8/19/2020 | Arbor Realty Trust | ABR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 8/13/2020 | Velocity Financial | VEL | Maintain | Market Outperform (N/A) |
|
Details | ||
| 8/7/2020 | Ready Capital Corp. | RC | Maintain | Market Outperform (N/A) |
|
Details | ||
| 7/31/2020 | Capstead Mortgage | CMO | Maintain | Market Outperform (N/A) |
|
Details | ||
| 7/30/2020 | Capstead Mortgage | CMO | Maintain | Market Outperform (N/A) |
|
Details | ||
| 7/30/2020 | Annaly Capital Management | NLY | Maintain | Market Outperform (N/A) |
|
Details | ||
| 7/7/2020 | Cherry Hill Mortgage | CHMI | Maintain | Market Outperform (N/A) |
|
Details | ||
| 7/1/2020 | Ladder Capital | LADR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 6/18/2020 | Ready Capital Corp. | RC | Maintain | Market Outperform (N/A) |
|
Details | ||
| 6/11/2020 | Annaly Capital Management | NLY | Maintain | Market Outperform (N/A) |
|
Details | ||
| 6/10/2020 | Annaly Capital Management | NLY | Maintain | Market Outperform (N/A) |
|
Details | ||
| 6/9/2020 | Walker & Dunlop | WD | Upgrade | Market Outperform (Market Perform) |
50.73 (48.32) |
-4.75% | Details | |
| 6/2/2020 | Ready Capital Corp. | RC | Maintain | Market Outperform (N/A) |
|
Details | ||
| 5/12/2020 | Exantas Capital Corp. | XAN | Maintain | Market Outperform (N/A) |
|
Details | ||
| 5/12/2020 | Cherry Hill Mortgage | CHMI | Maintain | Market Outperform (N/A) |
|
Details | ||
| 5/8/2020 | Velocity Financial | VEL | Maintain | Market Outperform (N/A) |
|
Details | ||
| 5/6/2020 | Ladder Capital | LADR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 5/5/2020 | Starwood Property Trust | STWD | Maintain | Market Outperform (N/A) |
|
Details | ||
| 4/30/2020 | Annaly Capital Management | NLY | Upgrade | Market Outperform (Market Perform) |
6.26 (21.17) |
238.18% | Details | |
| 4/14/2020 | Arbor Realty Trust | ABR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 4/13/2020 | MFA Mortgage | MFA | Downgrade | Market Perform (Market Outperform) |
1.77 (9.15) |
416.95% | Details | |
| 4/6/2020 | TPG RE Finance Trust | TRTX | Maintain | Market Outperform (N/A) |
|
Details | ||
| 4/3/2020 | Redwood Trust | RWT | Maintain | Market Outperform (N/A) |
|
Details | ||
| 4/3/2020 | Ladder Capital | LADR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 4/1/2020 | Tremont Mortgage Trust | TRMT | Downgrade | Market Perform (Market Outperform) |
2.88 (5.22) |
81.25% | Details | |
| 3/30/2020 | Capstead Mortgage | CMO | Upgrade | Market Outperform (Market Perform) |
4.93 (6.50) |
31.85% | Details | |
| 3/23/2020 | Redwood Trust | RWT | Upgrade | Market Outperform (Market Perform) |
6.43 (5.22) |
-18.82% | Details | |
| 3/18/2020 | Hunt Companies Financial Trust | HCFT | Maintain | Market Outperform (N/A) |
|
Details | ||
| 3/12/2020 | Ready Capital Corp. | RC | Maintain | Market Outperform (N/A) |
|
Details | ||
| 3/9/2020 | MFA Mortgage | MFA | Upgrade | Market Outperform (Market Perform) |
7.50 (9.15) |
22% | Details | |
| 2/25/2020 | Ladder Capital | LADR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 2/18/2020 | Walker & Dunlop | WD | Downgrade | Market Perform (Market Outperform) |
78.77 (48.32) |
-38.66% | Details | |
| 2/18/2020 | Arbor Realty Trust | ABR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 2/11/2020 | Velocity Financial | VEL | New Coverage | Market Outperform (N/A) |
13.99 (17.13) |
22.44% | Details | |
| 1/29/2020 | Walker & Dunlop | WD | Maintain | Market Outperform (N/A) |
|
Details | ||
| 1/23/2020 | Exantas Capital Corp. | XAN | Maintain | Market Outperform (N/A) |
|
Details | ||
| 11/26/2019 | Starwood Property Trust | STWD | Maintain | Market Outperform (N/A) |
|
Details | ||
| 11/4/2019 | Arbor Realty Trust | ABR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 9/6/2019 | Arbor Realty Trust | ABR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 7/10/2019 | Tremont Mortgage Trust | TRMT | New Coverage | Market Outperform (N/A) |
4.09 (5.22) |
27.63% | Details | |
| 5/9/2019 | Redwood Trust | RWT | Maintain | Market Outperform (N/A) |
|
Details | ||
| 5/7/2019 | MFA Mortgage | MFA | Downgrade | Market Perform (Market Outperform) |
7.47 (9.15) |
22.49% | Details | |
| 4/24/2019 | MFA Mortgage | MFA | Maintain | Market Outperform (N/A) |
|
Details | ||
| 3/25/2019 | KKR Real Estate Financial Trust | KREF | Downgrade | Market Perform (Market Outperform) |
20.35 (6.77) |
-66.73% | Details | |
| 3/5/2019 | Arbor Realty Trust | ABR | Maintain | Market Outperform (N/A) |
|
Details | ||
| 3/4/2019 | Redwood Trust | RWT | Upgrade | Market Outperform (Market Perform) |
15.30 (5.22) |
-65.88% | Details | |
| 3/1/2019 | Starwood Property Trust | STWD | Maintain | Market Outperform (N/A) |
|
Details | ||
| 2/28/2019 | iStar Financial | STAR | Downgrade | Market Perform (Market Outperform) |
8.77 (7.63) |
-13% | Details | |
| 1/2/2019 | Starwood Property Trust | STWD | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 12/31/2018 | iStar Financial | STAR | Upgrade | Market Outperform (Market Perform) |
9.18 (8.77) |
-4.47% | Details | |
| 12/17/2018 | MFA Mortgage | MFA | Upgrade | Market Outperform (Market Perform) |
6.99 (7.47) |
6.87% | Details | |
| 11/26/2018 | Ladder Capital | LADR | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 11/1/2018 | Walker & Dunlop | WD | Maintain | Market Outperform (Market Outperform) |
|
Details | ||
| 10/17/2018 | KKR Real Estate Financial Trust | KREF | New Coverage | Market Outperform (N/A) |
19.70 (20.35) |
3.3% | Details |

