First Trust Mortgage Income Fund Stock (FMY) Forecast
The First Trust Mortgage Income Fund (FMY) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $11.27, representing a -0.21% decrease from the current price of $11.29. The highest analyst price target is $11.53, and the lowest is $11.01.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month FMY Price Target
Average 10.16 (-10.05% Downside)
Is First Trust Mortgage Income Fund (FMY) A Buy Now?
Oscillators
Buy: 1 · Sell: 2 · Neutral: 4Summary: Neutral
Moving Averages
Buy: 6 · Sell: 4 · Neutral: 0Summary: Buy
According to our latest analysis, FMY could be considered a Potential Buy, with 17 technical analysis indicators signaling 7 Buy signals, 6 signaling Sell signals and 4 Neutral signals. This might be a good time to open fresh positions on FMY, as trading bullish markets is always a lot easier
- RSI (Relative Strength Index): The RSI(14) value of 53.03 indicates that FMY is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 68.74 indicates that FMY is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 82.84 indicates that FMY is overbought. This suggests that FMY price is at or near the highest level relative to its recent price history.
- ADX (Average Directional Index): The ADX value of 24.92 suggests a moderate trend in the market. While not exceptionally strong, it indicates that there is some directional movement occurring. You should pay attention to this trend but may also look for confirmation from other technical indicators or fundamental factors.
- CCI (Commodity Channel Index): A CCI(14) value of 96.83 indicates that FMY is still overbought but not to an extreme extent.
Long-term FMY price forecast for 2026, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about First Trust Mortgage Income Fund financial reports and earnings history, First Trust Mortgage Income Fund (FMY) stock could reach $10.78 by 2030, $6.27 by 2040 and $1.82 by 2050. See the projected annual prices until 2050 of the First Trust Mortgage Income Fund stock below:
- First Trust Mortgage Income Fund (FMY) is expected to reach an average price of $8.32 in 2035, with a high prediction of $8.85 and a low estimate of $7.55. This indicates an -26.27% change from the last recorded price of $11.29.
- First Trust Mortgage Income Fund (FMY) stock is projected to chart a bullish course in 2040, with an average price target of $6.01, representing an -46.74% change from its current level. The forecast ranges from a conservative $4.70 to a sky-high $6.27.
- Our analysts predict First Trust Mortgage Income Fund (FMY) to change -73.07% by 2045, soaring from $2.70 to an average price of $3.04, potentially reaching $3.88. While $2.70 is the low estimate, the potential upside is significant.
- First Trust Mortgage Income Fund (FMY) stock is expected to climb by 2050, reaching an average of $1.23, a -89.08% change from its current level. However, a wide range of estimates exists, with high and low targets of $1.82 and $0.1812, respectively, highlighting the market's uncertainty.
First Trust Mortgage Income Fund Stock (FMY) Year by Year Forecast
First Trust Mortgage Income Fund Stock (FMY) Price Forecast for 2026
The predicted value for First Trust Mortgage Income Fund (FMY) in 2026 is set at an average of $11.68. Estimates vary from a peak of $12.36 to a trough of $10.67, indicating an +3.46% surge from the present price of $11.29.
First Trust Mortgage Income Fund Stock (FMY) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for First Trust Mortgage Income Fund (FMY) is $9.83, with a high forecast of $11.63 and a low forecast of $8.45. This indicates an -12.92% decrease from the last price of $11.29.
First Trust Mortgage Income Fund Stock (FMY) Price Forecast for 2028
In 2028, First Trust Mortgage Income Fund (FMY) is projected to reach an average price of $9.35, with a high projection of $10.05 and a low estimate of $8.86. This indicates an -17.18% fall from the last price of $11.29.
First Trust Mortgage Income Fund Stock (FMY) Price Forecast for 2029
The 2029 price forecast for First Trust Mortgage Income Fund Stock (FMY) is $9.90 on average, with a high prediction of $10.56 and a low estimate of $8.71. This represents an -12.35% decrease from the previous price of $11.29.
First Trust Mortgage Income Fund Stock (FMY) Price Forecast for 2030
First Trust Mortgage Income Fund Stock (FMY) is expected to reach an average price of $10.23 in 2030, with a high forecast of $10.78 and a low forecast of $9.63. This signifies an -9.40% decrease from the last price of $11.29.
