NASDAQ:NYMT New York Mortgage Trust (NYMT) Stock Price, News & Analysis $6.68 +0.16 (+2.45%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$6.59▼$6.7150-Day Range$5.69▼$6.8552-Week Range$5.65▼$10.63Volume586,473 shsAverage Volume616,257 shsMarket Capitalization$609.42 millionP/E RatioN/ADividend Yield11.98%Price Target$8.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get New York Mortgage Trust alerts: Email Address New York Mortgage Trust MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside19.8% Upside$8.00 Price TargetShort InterestHealthy3.00% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.69Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.46) to $0.59 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.1.81 out of 5 starsFinance Sector686th out of 898 stocksReal Estate Investment Trusts Industry139th out of 181 stocks 2.2 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.Read more about New York Mortgage Trust's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.00% 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 4.2.Change versus previous monthShort interest in New York Mortgage Trust has recently decreased by 2.18%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipNew York Mortgage Trust is a leading dividend payer. It pays a dividend yield of 12.38%, 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 135.59% in the coming year. This indicates that New York Mortgage Trust may not be able to sustain their current dividend.Read more about New York Mortgage Trust's 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 2.6 News and Social Media Coverage News SentimentNew York Mortgage Trust has a news sentiment score of 0.69. 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 higher news sentiment than the 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for New York Mortgage Trust this week, compared to 1 article on an average week.Search InterestOnly 4 people have searched for NYMT on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added New York Mortgage Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -70% 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 1.50% 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.Read more about New York Mortgage Trust's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for New York Mortgage Trust are expected to grow in the coming year, from ($0.46) to $0.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New York Mortgage Trust is -3.61, 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 -3.61, 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 0.57. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about New York Mortgage Trust's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here 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 HeadlinesJuly 24 at 9:00 AM | americanbankingnews.comNew York Mortgage Trust (NYMT) to Release Earnings on WednesdayJuly 23, 2024 | wsj.comRare New York Commercial-Mortgage Bond Raises $600 MillionJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 22, 2024 | globenewswire.comNew York Mortgage Trust 2024 Second Quarter Conference Call Scheduled for Thursday, August 1, 2024July 21, 2024 | businesswire.comKBRA Assigns Preliminary Ratings to OBX 2024-NQM11 TrustJuly 13, 2024 | seekingalpha.comNYMTI: The New 9.125% Bond From Mortgage REIT New York Mortgage TrustJune 25, 2024 | globenewswire.comNew York Mortgage Trust, Inc. Announces Pricing of Public Offering of Senior NotesJune 18, 2024 | globenewswire.comNew York Mortgage Trust Declares Second Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock DividendsJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.May 2, 2024 | seekingalpha.comNew York Mortgage Trust, Inc. 2024 Q1 - Results - Earnings Call PresentationMay 1, 2024 | globenewswire.comNew York Mortgage Trust Reports First Quarter 2024 ResultsApril 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 dividendMarch 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 PresentationSee 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 Last Earnings5/01/2024Ex-Dividend for 7/29 Dividend6/27/2024Today7/26/2024Dividend Payable7/29/2024Next Earnings (Confirmed)7/31/2024Fiscal 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$8.00 High Stock Price Target$11.00 Low Stock Price Target$6.00 Potential Upside/Downside+19.8%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($1.85) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-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 Ratio4.02 Sales & Book Value Annual Sales$258.66 million Price / Sales2.36 Cash Flow$0.71 per share Price / Cash Flow9.44 Book Value$11.74 per share Price / Book0.57Miscellaneous Outstanding Shares91,230,000Free Float89,860,000Market Cap$609.42 million OptionableOptionable Beta1.93 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. 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:BRMKIndustrial Logistics Properties TrustNASDAQ:ILPTApollo Commercial Real Estate FinanceNYSE:ARIReady CapitalNYSE:RCTwo Harbors InvestmentNYSE:TWOView All CompetitorsInstitutional OwnershipAllspring Global Investments Holdings LLCSold 85,007 shares on 7/26/2024Ownership: 3.960%Bank of New York Mellon CorpBought 42,007 shares on 7/26/2024Ownership: 0.833%Nisa Investment Advisors LLCBought 1,634 shares on 7/20/2024Ownership: 0.076%Clear Harbor Asset Management LLCSold 358,520 shares on 7/17/2024Ownership: 0.118%SG Americas Securities LLCBought 26,356 shares on 7/12/2024Ownership: 0.029%View All Institutional Transactions NYMT Stock Analysis - Frequently Asked Questions How have NYMT shares performed this year? New York Mortgage Trust's stock was trading at $8.53 at the beginning of the year. Since then, NYMT shares have decreased by 21.7% and is now trading at $6.68. View the best growth stocks for 2024 here. How were New York Mortgage Trust's earnings last quarter? New York Mortgage Trust, Inc. (NASDAQ:NYMT) released its quarterly earnings data on Wednesday, May, 1st. The real estate investment trust reported ($0.30) EPS 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 trailing twelve-month return on equity of 2.60% and a negative net margin of 44.65%. When did New York Mortgage Trust's stock split? New York Mortgage Trust's stock reverse split before market open 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. Who are New York Mortgage Trust's major shareholders? Top institutional shareholders of New York Mortgage Trust include Allspring Global Investments Holdings LLC (3.96%), Bank of New York Mellon Corp (0.83%), Clear Harbor Asset Management LLC (0.12%) and Nisa Investment Advisors LLC (0.08%). 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. 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 New Residential Investment (NRZ), Two Harbors Investment (TWO), Energy Transfer (ET), CBL & Associates Properties (CBL), NGL Energy Partners (NGL), Orchid Island Capital (ORC) and Washington Prime Group (WPG). This page (NASDAQ:NYMT) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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