Research Analysts Set Expectations for NYMT FY2025 Earnings

Key Points

• B. Riley raised their FY2025 earnings per share estimate for New York Mortgage Trust from $0.80 to $0.85 and maintains a "Buy" rating with a price target of $9.00.
• The company reported earnings of $0.22 per share for the last quarter, surpassing analyst expectations of $0.20, although revenue fell short at $17.81 million versus an estimated $38.67 million.
• New York Mortgage Trust also declared a quarterly dividend of $0.20 per share, reflecting an annualized dividend yield of 12.2%, and has a payout ratio of 421.05%.

New York Mortgage Trust, Inc. (NASDAQ:NYMT - Free Report) - Research analysts at B. Riley raised their FY2025 earnings per share estimates for shares of New York Mortgage Trust in a research note issued to investors on Thursday, July 31st. B. Riley analyst R. Binner now anticipates that the real estate investment trust will post earnings per share of $0.85 for the year, up from their previous estimate of $0.80. B. Riley has a "Buy" rating and a $9.00 price target 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 $0.23 EPS and FY2026 earnings at $0.90 EPS.

Other analysts also recently issued reports about the company. Wall Street Zen upgraded New York Mortgage Trust from a "sell" rating to a "hold" rating in a research report on Thursday, May 1st. UBS Group upped their target price on New York Mortgage Trust from $6.50 to $6.75 and gave the company a "neutral" rating in a research report on Thursday, July 10th. Finally, Jones Trading reiterated a "buy" rating and set a $7.50 target price on shares of New York Mortgage Trust in a research report on Friday, May 2nd. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, New York Mortgage Trust presently has a consensus rating of "Hold" and a consensus target price of $7.56.

New York Mortgage Trust Stock Performance

NASDAQ:NYMT opened at $6.58 on Monday. The stock has a fifty day moving average price of $6.71 and a 200-day moving average price of $6.43. The company has a market cap of $594.17 million, a price-to-earnings ratio of 34.63 and a beta of 1.28. The company has a debt-to-equity ratio of 10.13, a quick ratio of 11.43 and a current ratio of 11.70. New York Mortgage Trust has a fifty-two week low of $5.01 and a fifty-two week high of $7.27.

New York Mortgage Trust (NASDAQ:NYMT - Get Free Report) last released its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.20 by $0.02. The firm had revenue of $17.81 million during the quarter, compared to the consensus estimate of $38.67 million. New York Mortgage Trust had a return on equity of 7.59% and a net margin of 12.50%.

Hedge Funds Weigh In On New York Mortgage Trust

A number of institutional investors have recently modified their holdings of NYMT. KLP Kapitalforvaltning AS acquired a new position in shares of New York Mortgage Trust during the 4th quarter worth $98,000. LPL Financial LLC acquired a new position in shares of New York Mortgage Trust during the 4th quarter worth $129,000. Vanguard Group Inc. increased its holdings in New York Mortgage Trust by 4.3% in the 4th quarter. Vanguard Group Inc. now owns 6,422,036 shares of the real estate investment trust's stock worth $38,918,000 after purchasing an additional 264,334 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in New York Mortgage Trust by 137.2% in the 4th quarter. JPMorgan Chase & Co. now owns 100,934 shares of the real estate investment trust's stock worth $612,000 after purchasing an additional 58,388 shares in the last quarter. Finally, Wells Fargo & Company MN increased its holdings in New York Mortgage Trust by 18.1% in the 4th quarter. Wells Fargo & Company MN now owns 83,530 shares of the real estate investment trust's stock worth $506,000 after purchasing an additional 12,791 shares in the last quarter. Institutional investors and hedge funds own 54.89% of the company's stock.

New York Mortgage Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 30th. Stockholders of record on Monday, June 23rd were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, June 23rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 12.2%. New York Mortgage Trust's payout ratio is 421.05%.

About New York Mortgage Trust

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.

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