B. Riley Issues Negative Forecast for NYMT Earnings

New York Mortgage Trust, Inc. (NASDAQ:NYMT - Free Report) - Equities researchers at B. Riley lowered their Q1 2025 earnings estimates for shares of New York Mortgage Trust in a report issued on Monday, April 21st. B. Riley analyst R. Binner now anticipates that the real estate investment trust will post earnings of $0.10 per share for the quarter, down from their previous forecast of $0.11. B. Riley has a "Buy" rating and a $8.00 price objective on the stock. The consensus estimate for New York Mortgage Trust's current full-year earnings is $0.51 per share. B. Riley also issued estimates for New York Mortgage Trust's Q4 2025 earnings at $0.18 EPS and FY2026 earnings at $0.75 EPS.

New York Mortgage Trust (NASDAQ:NYMT - Get Free Report) last released its earnings results on Wednesday, February 19th. The real estate investment trust reported ($0.44) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.47). The company had revenue of $26.71 million for the quarter, compared to the consensus estimate of $20.06 million. New York Mortgage Trust had a negative net margin of 15.46% and a negative return on equity of 1.39%.

Separately, StockNews.com cut New York Mortgage Trust from a "hold" rating to a "sell" rating in a research note on Wednesday, April 23rd. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $7.00.

New York Mortgage Trust Trading Up 1.2 %

Shares of New York Mortgage Trust stock traded up $0.07 during trading on Wednesday, hitting $5.71. The stock had a trading volume of 534,769 shares, compared to its average volume of 688,950. The stock has a market cap of $516.68 million, a PE ratio of -5.00 and a beta of 1.43. New York Mortgage Trust has a 12 month low of $5.02 and a 12 month high of $7.19. The firm's fifty day simple moving average is $6.27 and its 200-day simple moving average is $6.06. The company has a debt-to-equity ratio of 8.33, a current ratio of 11.17 and a quick ratio of 8.25.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. New York State Teachers Retirement System increased its holdings in New York Mortgage Trust by 1.6% during the first quarter. New York State Teachers Retirement System now owns 129,512 shares of the real estate investment trust's stock valued at $841,000 after buying an additional 2,100 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in New York Mortgage Trust by 3.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,772,564 shares of the real estate investment trust's stock worth $24,484,000 after purchasing an additional 138,835 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of New York Mortgage Trust by 1,240.0% during the first quarter. GAMMA Investing LLC now owns 19,055 shares of the real estate investment trust's stock worth $124,000 after buying an additional 17,633 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in New York Mortgage Trust by 15.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 181,363 shares of the real estate investment trust's stock worth $1,099,000 after acquiring an additional 24,849 shares during the period. Finally, Two Sigma Advisers LP purchased a new stake in New York Mortgage Trust in the fourth quarter valued at approximately $454,000. 54.89% of the stock is currently owned by hedge funds and other institutional investors.

New York Mortgage Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 14.02%. The ex-dividend date is Monday, March 31st. New York Mortgage Trust's dividend payout ratio is presently -70.18%.

New York Mortgage Trust Company Profile

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.