NASDAQ:NYMT New York Mortgage Trust (NYMT) Stock Price, News & Analysis → Elon’s New Device is About to Shock the World (From InvestorPlace) (Ad) Free NYMT Stock Alerts $6.21 -0.05 (-0.80%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$6.07▼$6.4250-Day Range$6.27▼$7.3452-Week Range$5.78▼$10.63Volume1.43 million shsAverage Volume678,898 shsMarket Capitalization$566.54 millionP/E RatioN/ADividend Yield12.88%Price Target$10.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get New York Mortgage Trust alerts: Email Address New York Mortgage Trust MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside59.0% Upside$9.88 Price TargetShort InterestHealthy2.59% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.23Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth47.27%From $0.55 to $0.81 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.08 out of 5 starsFinance Sector2961st out of 5,252 stocksReal Estate Investment Trusts Industry607th out of 1,080 stocks 3.2 Analyst's Opinion Consensus RatingNew York Mortgage Trust has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageNew York Mortgage Trust has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.59% of the float of New York Mortgage Trust has been sold short.Short Interest Ratio / Days to CoverNew York Mortgage Trust has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in New York Mortgage Trust has recently increased by 11.48%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipNew York Mortgage Trust is a leading dividend payer. It pays a dividend yield of 12.77%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNew York Mortgage Trust does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, New York Mortgage Trust will have a dividend payout ratio of 98.77% in the coming year. This indicates that New York Mortgage Trust may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NYMT. Previous Next 1.0 News and Social Media Coverage News SentimentNew York Mortgage Trust has a news sentiment score of -0.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for New York Mortgage Trust this week, compared to 1 article on an average week.Search InterestOnly 7 people have searched for NYMT on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added New York Mortgage Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, New York Mortgage Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.20% of the stock of New York Mortgage Trust is held by insiders.Percentage Held by Institutions54.89% of the stock of New York Mortgage Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for New York Mortgage Trust are expected to grow by 47.27% in the coming year, from $0.55 to $0.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New York Mortgage Trust is -3.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of New York Mortgage Trust is -3.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNew York Mortgage Trust has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchGlobal crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project... Here's everything you need to know. About New York Mortgage Trust Stock (NASDAQ:NYMT)New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, including business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); single-family rental properties; and other mortgage, residential housing, and credit-related assets. The company also qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. New York Mortgage Trust, Inc. was incorporated in 2003 and is headquartered in New York, New York.Read More NYMT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NYMT Stock News HeadlinesMay 3, 2024 | americanbankingnews.comNew York Mortgage Trust (NASDAQ:NYMT) Reaches New 52-Week Low After Earnings MissMay 2, 2024 | seekingalpha.comNew York Mortgage Trust, Inc. 2024 Q1 - Results - Earnings Call PresentationMay 4, 2024 | Weiss Ratings (Ad)FW: 234x GainThis coin is an essential building block for an ongoing financial revolution of massive dimensions. As a big part of this revolution, the big banks of the world must connect to the blockchain.May 1, 2024 | globenewswire.comNew York Mortgage Trust Reports First Quarter 2024 ResultsApril 24, 2024 | americanbankingnews.comNew York Mortgage Trust (NYMT) Scheduled to Post Quarterly Earnings on WednesdayApril 16, 2024 | globenewswire.comNew York Mortgage Trust 2024 First Quarter Conference Call Scheduled for Thursday, May 2, 2024April 11, 2024 | yahoo.comYork County leaders have a 6-point action plan to address affordable housing crisisMarch 14, 2024 | msn.comNew York Mortgage Trust, Inc. 7% SER G PFD declares $0.4375 dividendMay 4, 2024 | Weiss Ratings (Ad)FW: 234x GainThis coin is an essential building block for an ongoing financial revolution of massive dimensions. As a big part of this revolution, the big banks of the world must connect to the blockchain.March 14, 2024 | msn.comNew York Mortgage Trust Cum Conv Perp Red Pfd Registered Shs Series D declares $0.50 dividendMarch 14, 2024 | msn.comNew York Mortgage Trust, Inc. 6.875% PFD SER F declares $0.4297 dividendMarch 13, 2024 | globenewswire.comNew York Mortgage Trust Declares First Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock DividendsFebruary 22, 2024 | seekingalpha.comNew York Mortgage Trust, Inc. 2023 Q4 - Results - Earnings Call PresentationFebruary 21, 2024 | globenewswire.comNew York Mortgage Trust Reports Fourth Quarter and Full Year 2023 ResultsFebruary 15, 2024 | wsj.comNew York Mortgage Trust Inc.January 31, 2024 | msn.comNew York expands the legal definition of rape to include many forms of nonconsensual sexual contactDecember 18, 2023 | msn.comNew York Mortgage Trust 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock declares $0.4922 dividendNovember 4, 2023 | markets.businessinsider.comMaxim Group Sticks to Its Buy Rating for New York Mortgage (NYMT)November 2, 2023 | seekingalpha.comNew York Mortgage Trust, Inc. 2023 Q3 - Results - Earnings Call PresentationOctober 10, 2023 | seekingalpha.comNew York Mortgage Trust: Why We Rotated Our Allocation In The Preferred Suite, Part 2September 27, 2023 | msn.comNew York Mortgage Trust 6.875% PFD SER F goes ex-dividend tomorrowAugust 14, 2023 | msn.comB. Riley Securities Maintains New York Mortgage Trust (NYMT) Buy RecommendationAugust 5, 2023 | finance.yahoo.comNew York Mortgage Trust, Inc. (NASDAQ:NYMT) Q2 2023 Earnings Call TranscriptAugust 4, 2023 | markets.businessinsider.comMaxim Group Reaffirms Their Buy Rating on New York Mortgage (NYMT)August 3, 2023 | seekingalpha.comNew York Mortgage Trust, Inc. 2023 Q2 - Results - Earnings Call PresentationJuly 13, 2023 | nz.finance.yahoo.comNYMT - New York Mortgage Trust, Inc.July 7, 2023 | finance.yahoo.comNew York Mortgage Trust 2023 Second Quarter Conference Call Scheduled for Thursday, August 3, 2023See More Headlines Receive NYMT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for New York Mortgage Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/25 Dividend3/22/2024Dividend Payable4/25/2024Last Earnings5/01/2024Today5/04/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate investment trusts Sub-IndustryMortgage REITs Current SymbolNASDAQ:NYMT CUSIP64960450 CIK1273685 Webwww.nymtrust.com Phone(212) 792-0107Fax212-634-9428Employees79Year FoundedN/APrice Target and Rating Average Stock Price Target$9.88 High Stock Price Target$13.00 Low Stock Price Target$7.00 Potential Upside/Downside+74.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($1.85) Trailing P/E RatioN/A Forward P/E Ratio11.29 P/E GrowthN/ANet Income$-48,670,000.00 Net Margins-44.65% Pretax Margin-60.29% Return on Equity-2.60% Return on Assets-0.40% Debt Debt-to-Equity Ratio5.03 Current Ratio4.02 Quick Ratio4.29 Sales & Book Value Annual Sales$258.66 million Price / Sales2.19 Cash Flow$0.68 per share Price / Cash Flow9.16 Book Value$10.56 per share Price / Book0.59Miscellaneous Outstanding Shares91,230,000Free Float90,136,000Market Cap$566.54 million OptionableOptionable Beta1.91 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Steven R. Mumma CPA (Age 65)Executive Chairman Comp: $1.57MMr. Nicholas Mah (Age 42)President Adam HowseHead of OperationsMr. Stephen L. Hogue (Age 57)Managing Director Mr. Steven B. Brannan (Age 44)Managing Director Mr. Ardian DautiManaging DirectorJB KimManaging DirectorMore ExecutivesKey CompetitorsBroadmark Realty CapitalNYSE:BRMKDynex CapitalNYSE:DXInvesco Mortgage CapitalNYSE:IVRAres Commercial Real EstateNYSE:ACREARMOUR Residential REITNYSE:ARRView All CompetitorsInstitutional OwnershipMirae Asset Global Investments Co. Ltd.Bought 6,148 shares on 5/1/2024Ownership: 0.914%Allspring Global Investments Holdings LLCBought 1,463 shares on 4/30/2024Ownership: 4.052%Van ECK Associates CorpBought 7,316 shares on 4/30/2024Ownership: 0.635%Principal Financial Group Inc.Sold 1,831 shares on 4/29/2024Ownership: 0.516%Yousif Capital Management LLCSold 9,873 shares on 4/26/2024Ownership: 0.045%View All Institutional Transactions NYMT Stock Analysis - Frequently Asked Questions Should I buy or sell New York Mortgage Trust stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for New York Mortgage Trust in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NYMT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NYMT, but not buy additional shares or sell existing shares. View NYMT analyst ratings or view top-rated stocks. What is New York Mortgage Trust's stock price target for 2024? 3 Wall Street analysts have issued twelve-month price objectives for New York Mortgage Trust's shares. Their NYMT share price targets range from $7.00 to $13.00. On average, they anticipate the company's share price to reach $9.88 in the next twelve months. This suggests a possible upside of 59.0% from the stock's current price. View analysts price targets for NYMT or view top-rated stocks among Wall Street analysts. How have NYMT shares performed in 2024? New York Mortgage Trust's stock was trading at $8.53 at the beginning of 2024. Since then, NYMT shares have decreased by 27.2% and is now trading at $6.21. View the best growth stocks for 2024 here. When is New York Mortgage Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our NYMT earnings forecast. How were New York Mortgage Trust's earnings last quarter? New York Mortgage Trust, Inc. (NASDAQ:NYMT) announced its earnings results on Wednesday, May, 1st. The real estate investment trust reported ($0.30) earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by $0.42. The real estate investment trust earned $83.89 million during the quarter, compared to analyst estimates of $19.64 million. New York Mortgage Trust had a negative net margin of 44.65% and a negative trailing twelve-month return on equity of 2.60%. During the same period in the prior year, the company posted $0.11 earnings per share. How often does New York Mortgage Trust pay dividends? What is the dividend yield for New York Mortgage Trust? New York Mortgage Trust announced a quarterly dividend on Wednesday, March 13th. Stockholders of record on Monday, March 25th will be paid a dividend of $0.20 per share on Thursday, April 25th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 12.88%. The ex-dividend date of this dividend is Friday, March 22nd. Read our dividend analysis for NYMT. Is New York Mortgage Trust a good dividend stock? New York Mortgage Trust (NASDAQ:NYMT) pays an annual dividend of $0.80 per share and currently has a dividend yield of 12.77%. NYMT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for NYMT. What ETFs hold New York Mortgage Trust's stock? ETFs with the largest weight of New York Mortgage Trust (NASDAQ:NYMT) stock in their portfolio include AXS Real Estate Income ETF (RINC), WisdomTree Alternative Income Fund (HYIN), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Invesco KBW High Dividend Yield Financial ETF (KBWD) and VanEck Mortgage REIT Income ETF (MORT).iShares Mortgage Real Estate ETF (REM). When did New York Mortgage Trust's stock split? New York Mortgage Trust shares reverse split on Thursday, March 9th 2023. The 1-4 reverse split was announced on Thursday, March 9th 2023. The number of shares owned by shareholders was adjusted after the market closes on Thursday, March 9th 2023. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split. What is Steven R. Mumma's approval rating as New York Mortgage Trust's CEO? 3 employees have rated New York Mortgage Trust Chief Executive Officer Steven R. Mumma on Glassdoor.com. Steven R. Mumma has an approval rating of 70% among the company's employees. What other stocks do shareholders of New York Mortgage Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other New York Mortgage Trust investors own include New Residential Investment (NRZ), Two Harbors Investment (TWO), Energy Transfer (ET), CBL & Associates Properties (CBL), NGL Energy Partners (NGL), Orchid Island Capital (ORC), Washington Prime Group (WPG), Annaly Capital Management (NLY), Western Asset Mortgage Capital (WMC) and Golar LNG Partners (GMLP). Who are New York Mortgage Trust's major shareholders? New York Mortgage Trust's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (4.05%), Mirae Asset Global Investments Co. Ltd. (0.91%), Van ECK Associates Corp (0.63%), Principal Financial Group Inc. (0.52%), New York State Teachers Retirement System (0.14%) and Yousif Capital Management LLC (0.05%). View institutional ownership trends. How do I buy shares of New York Mortgage Trust? Shares of NYMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:NYMT) was last updated on 5/4/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldElon to Transform U.S. Economy? Porter & CompanyAutomatic Income (from home)Awesomely, LLCGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchCould Your Accounts Be Frozen?Allegiance GoldFW: 234x GainWeiss RatingsThe Gold Grab of the CenturyColonial MetalsStock-Picking AI Predicts #1 Stock of 2024Altimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding New York Mortgage Trust, Inc. 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