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

$8.83
-0.11 (-1.23%)
(As of 11:32 AM ET)
Compare
Today's Range
$8.83
$8.94
50-Day Range
$7.40
$9.20
52-Week Range
$7.23
$12.96
Volume
154,094 shs
Average Volume
624,740 shs
Market Capitalization
$800.70 million
P/E Ratio
N/A
Dividend Yield
13.59%
Price Target
$12.08

New York Mortgage Trust MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
35.2% Upside
$12.08 Price Target
Short Interest
Healthy
2.49% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.05mentions of New York Mortgage Trust in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.23) to $0.79 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.41 out of 5 stars

Finance Sector

202nd out of 788 stocks

Real Estate Investment Trusts Industry

45th out of 171 stocks


NYMT stock logo

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 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. The company was incorporated in 2003 and is headquartered in New York, New York.

NYMT Stock Price History

NYMT Stock News Headlines

Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Maxim Group Sticks to Its Buy Rating for New York Mortgage (NYMT)
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Maxim Group Reaffirms Their Buy Rating on New York Mortgage (NYMT)
NYMT - New York Mortgage Trust, Inc.
8-K: NEW YORK MORTGAGE TRUST INC
See More Headlines
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Company Calendar

Last Earnings
5/03/2022
Ex-Dividend for 10/26 Dividend
9/20/2023
Dividend Payable
10/26/2023
Today
12/11/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/28/2024

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
Sector
Finance
Current Symbol
NASDAQ:NYMT
CUSIP
64960450
Employees
79
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.08
High Stock Price Target
$15.00
Low Stock Price Target
$8.50
Potential Upside/Downside
+35.9%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$-298,610,000.00
Pretax Margin
-63.01%

Debt

Sales & Book Value

Annual Sales
$258.39 million
Cash Flow
$1.16 per share
Book Value
$13.60 per share

Miscellaneous

Free Float
89,595,000
Market Cap
$806.15 million
Optionable
Optionable
Beta
1.84
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Key Executives

  • Mr. Steven R. Mumma CPA (Age 64)
    Executive Chairman
    Comp: $1.57M
  • Mr. Jason T. Serrano (Age 48)
    CEO & Director
    Comp: $2.37M
  • Ms. Kristine R. Nario-Eng CPA (Age 43)
    Eng., Secretary, CFO & Principal Accounting Officer
    Comp: $1.04M
  • Mr. Nicholas Mah (Age 41)
    President
  • Mr. Stephen L. Hogue (Age 56)
    Managing Director
  • Mr. Steven B. Brannan (Age 43)
    Managing Director
  • Emily Stiller
    Controller














NYMT Stock Analysis - Frequently Asked Questions

Should I buy or sell New York Mortgage Trust stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for New York Mortgage Trust in the last year. There are currently 4 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?

5 Wall Street analysts have issued 12 month target prices for New York Mortgage Trust's shares. Their NYMT share price targets range from $8.50 to $15.00. On average, they anticipate the company's stock price to reach $12.08 in the next twelve months. This suggests a possible upside of 35.2% 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 2023?

New York Mortgage Trust's stock was trading at $10.24 on January 1st, 2023. Since then, NYMT stock has decreased by 12.7% and is now trading at $8.94.
View the best growth stocks for 2023 here
.

When is New York Mortgage Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our NYMT earnings forecast
.

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

New York Mortgage Trust, Inc. (NASDAQ:NYMT) posted its quarterly earnings results on Tuesday, May, 3rd. The real estate investment trust reported ($0.88) earnings per share for the quarter, missing the consensus estimate of $0.32 by $1.20. New York Mortgage Trust had a positive trailing twelve-month return on equity of 1.46% and a negative net margin of 52.78%. During the same period last year, the firm posted $0.44 EPS.

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 Monday, September 11th. Investors of record on Thursday, September 21st will be paid a dividend of $0.30 per share on Thursday, October 26th. This represents a $1.20 annualized dividend and a dividend yield of 13.42%. The ex-dividend date is Wednesday, September 20th.
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 $1.20 per share and currently has a dividend yield of 13.42%. 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?
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?
Who are New York Mortgage Trust's major shareholders?

New York Mortgage Trust's stock is owned by a number of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (4.05%), Charles Schwab Investment Management Inc. (1.54%), Wolverine Asset Management LLC (1.08%), Mirae Asset Global Investments Co. Ltd. (0.99%), Bank of New York Mellon Corp (0.85%) and Van ECK Associates Corp (0.62%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:NYMT) was last updated on 12/11/2023 by MarketBeat.com Staff

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