New York Mortgage Trust (NYMT) Stock Price, News & Analysis

Company Overview

New York Mortgage Trust, Inc. (NASDAQ: NYMT) is a real estate investment trust (REIT) focused on originating and investing in a diversified portfolio of mortgage-related assets and other real estate instruments. The company acquires agency and non-agency residential mortgage-backed securities (RMBS), residential whole loans and mortgage servicing rights (MSRs), and selectively allocates capital to commercial mortgage-backed securities (CMBS) and other structured credit investments. Through its subsidiary lending platforms, NYMT also participates in loan origination and warehouse financing strategies designed to capture carry and arbitrage opportunities in U.S. housing markets.

NYMT’s portfolio emphasizes U.S. single-family and multi-family mortgages, with a primary focus on securities issued or guaranteed by U.S. government-sponsored enterprises. The company seeks to generate attractive risk-adjusted returns by blending agency-backed instruments with select non-agency RMBS and whole-loan positions, while also leveraging its balance sheet to enhance yield. The firm’s investment approach combines fundamental credit research, active portfolio management and hedging strategies to manage interest rate and prepayment risk across changing market environments.

Since its founding in 2008, New York Mortgage Trust has expanded its platform through both primary market originations and secondary market purchases, targeting regions with strong housing fundamentals and stable credit profiles. The company operates out of its headquarters in New York City and serves a broad geographic footprint across the United States. NYMT collaborates with a network of correspondent lenders, mortgage brokers and servicing partners to support its lending and investment activities and to maintain liquidity in its mortgage portfolios.

The company is externally managed by New York Mortgage Trust, Inc., under the oversight of an independent board of directors. The executive leadership team is led by President and Chief Executive Officer Michael C. Stott, whose career spans investment banking, mortgage finance and risk management. Backed by a seasoned management group, NYMT seeks to deliver steady cash flows and shareholder value by capitalizing on its deep expertise in mortgage markets and its disciplined investment process.

Key Stats

• Today's Range: $6.67 to $6.76
• 50-Day Range: $6.42 to $7.19
• 52-Week Range: $5.02 to $7.27
• Volume: 425,530 shs
• Average Volume: 692,458 shs
• Market Capitalization: $606.82 million
• P/E Ratio: N/A
• Dividend Yield: 11.90%
• Price Target: $7.56
• Consensus Rating: Moderate Buy

New York Mortgage Trust Stock Analysis - MarketRank™

New York Mortgage Trust scored higher than 51% of companies evaluated by MarketBeat, and ranked 447th out of 906 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

New York Mortgage Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

New York Mortgage Trust has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 27.45%

Earnings Growth

Earnings for New York Mortgage Trust are expected to grow by 27.45% in the coming year, from $0.51 to $0.65 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of New York Mortgage Trust is -112.00, 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. Sector

The P/E ratio of New York Mortgage Trust is -112.00, 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 Ratio

New York Mortgage Trust has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.20% of the float of New York Mortgage Trust has been sold short.

Short Interest Ratio / Days to Cover

New York Mortgage Trust has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in New York Mortgage Trust has recently increased by 1.90%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

New York Mortgage Trust is a leading dividend payer. It pays a dividend yield of 11.85%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

New York Mortgage Trust does not have a long track record of dividend growth.

Dividend Sustainability

Based on EPS estimates, New York Mortgage Trust will have a dividend payout ratio of 123.08% in the coming year. This indicates that New York Mortgage Trust may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.20% of the float of New York Mortgage Trust has been sold short.

Short Interest Ratio / Days to Cover

New York Mortgage Trust has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in New York Mortgage Trust has recently increased by 1.90%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 4 news articles for New York Mortgage Trust this week, compared to 2 articles on an average week.

Search Interest

6 people have searched for NYMT on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, New York Mortgage Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.70% of the stock of New York Mortgage Trust is held by insiders.

Percentage Held by Institutions

54.89% 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.

NYMT Stock Analysis - Frequently Asked Questions

How have NYMT shares performed this year?

New York Mortgage Trust's stock was trading at $6.06 at the beginning of the year. Since then, NYMT shares have increased by 10.9% and is now trading at $6.72.

How were New York Mortgage Trust's earnings last quarter?

New York Mortgage Trust, Inc. (NASDAQ:NYMT) announced its quarterly earnings data on Wednesday, April, 30th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.10. The real estate investment trust earned $33.10 million during the quarter, compared to the consensus estimate of $27.84 million. New York Mortgage Trust had a net margin of 8.50% and a trailing twelve-month return on equity of 2.51%.
Read the conference call transcript.

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 closing bell 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.

Who are New York Mortgage Trust's major shareholders?

New York Mortgage Trust's top institutional shareholders include Range Financial Group LLC (0.02%).
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.

What other stocks do shareholders of New York Mortgage Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that New York Mortgage Trust investors own include Rithm Capital (RITM), Energy Transfer (ET), AT&T (T), Annaly Capital Management (NLY), Chimera Investment (CIM), Verizon Communications (VZ) and Meta Platforms (META).

Company Calendar

• Record date for 4/28 Dividend: 3/31/2025
• Ex-Dividend for 4/28 Dividend: 3/31/2025
• Dividend Payable: 4/28/2025
• Last Earnings: 4/30/2025
• Record date for 7/30 Dividend: 6/23/2025
• Ex-Dividend for 7/30 Dividend: 6/23/2025
• Today: 7/11/2025
• Dividend Payable: 7/30/2025
• Next Earnings (Estimated): 7/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: REIT - MTGE TRUST
• Sub-Industry: Mortgage REITs
• Current Symbol: NASDAQ:NYMT
• CIK: 1273685
• Web: www.nymtrust.com
• Phone: (212) 792-0107
• Fax: 212-634-9428
• Employees: 70
• Year Founded: N/A

Price Target and Rating

• Average Price Target for New York Mortgage Trust: $7.56
• High Price Target: $9.00
• Low Price Target: $6.75
• Potential Upside/Downside: +12.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.06)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 13.18
• P/E Growth: N/A
• Net Income: -$62.03 million
• Net Margins: 8.50%
• Pretax Margin: 5.58%
• Return on Equity: 2.51%
• Return on Assets: 0.25%

Debt

• Debt-to-Equity Ratio: 9.15
• Current Ratio: 11.43
• Quick Ratio: 11.43

Sales & Book Value

• Annual Sales: $401.28 million
• Price / Sales: 1.51
• Cash Flow: $0.11 per share
• Price / Cash Flow: 60.91
• Book Value: $9.53 per share
• Price / Book: 0.71

Miscellaneous

• Outstanding Shares: 90,300,000
• Free Float: 88,763,000
• Market Cap: $606.82 million
• Optionable: Optionable
• Beta: 1.27