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Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
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How major US stock indexes fared Friday, 2/23/2024
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Stock ideas from the 2024 Microcap Conference
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Stock ideas from the 2024 Microcap Conference
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
NASDAQ:NYMT

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

$7.34
+0.11 (+1.52%)
(As of 02/23/2024 ET)
Today's Range
$7.12
$7.37
50-Day Range
$7.14
$8.93
52-Week Range
$7.12
$10.80
Volume
814,795 shs
Average Volume
594,732 shs
Market Capitalization
$665.59 million
P/E Ratio
N/A
Dividend Yield
10.90%
Price Target
$11.63

New York Mortgage Trust MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
58.4% Upside
$11.63 Price Target
Short Interest
Healthy
2.06% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.60mentions of New York Mortgage Trust in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

3.09 out of 5 stars

Finance Sector

528th out of 860 stocks

Real Estate Investment Trusts Industry

120th out of 180 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

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New York Mortgage Trust Inc.
Maxim Group Sticks to Its Buy Rating for New York Mortgage (NYMT)
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 1/26 Dividend
12/22/2023
Dividend Payable
1/26/2024
Today
2/24/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$11.63
High Stock Price Target
$15.00
Low Stock Price Target
$8.50
Potential Upside/Downside
+59.4%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
4 Analysts

Profitability

Net Income
$-298,610,000.00
Pretax Margin
-30.05%

Debt

Sales & Book Value

Annual Sales
$258.66 million
Cash Flow
$1.18 per share
Book Value
$11.74 per share

Miscellaneous

Free Float
89,595,000
Market Cap
$665.59 million
Optionable
Optionable
Beta
1.96
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Key Executives

  • Mr. Steven R. Mumma CPA (Age 65)
    Executive Chairman
    Comp: $1.57M
  • Mr. Jason T. Serrano (Age 49)
    CEO & Director
    Comp: $2.37M
  • Ms. Kristine R. Nario-Eng CPA (Age 44)
    Eng., Secretary, CFO & Principal Accounting Officer
    Comp: $1.04M
  • Mr. Nicholas Mah (Age 42)
    President
  • Adam Howse
    Head of Operations
  • Mr. Stephen L. Hogue (Age 57)
    Managing Director
  • Mr. Steven B. Brannan (Age 44)
    Managing Director
  • Mr. Ardian Dauti
    Managing Director
  • JB Kim
    Managing Director
  • Emily Stiller
    Controller














NYMT Stock Analysis - Frequently Asked Questions

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

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for New York Mortgage Trust in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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?

4 Wall Street research analysts have issued twelve-month price targets 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 $11.63 in the next year. This suggests a possible upside of 58.4% 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 2024?

New York Mortgage Trust's stock was trading at $8.53 on January 1st, 2024. Since then, NYMT stock has decreased by 14.0% and is now trading at $7.34.
View the best growth stocks for 2024 here
.

Are investors shorting New York Mortgage Trust?

New York Mortgage Trust saw a decrease in short interest in the month of January. As of January 31st, there was short interest totaling 1,840,000 shares, a decrease of 15.2% from the January 15th total of 2,170,000 shares. Based on an average daily volume of 720,500 shares, the days-to-cover ratio is currently 2.6 days. Approximately 2.1% of the shares of the company are sold short.
View New York Mortgage Trust's Short Interest
.

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our NYMT earnings forecast
.

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

New York Mortgage Trust, Inc. (NASDAQ:NYMT) announced its quarterly earnings data on Tuesday, May, 3rd. The real estate investment trust reported ($0.88) earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by $1.20. New York Mortgage Trust had a positive trailing twelve-month return on equity of 0.87% and a negative net margin of 18.82%. During the same period last year, the company 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 Thursday, December 14th. Investors of record on Tuesday, December 26th will be given a dividend of $0.20 per share on Friday, January 26th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 10.90%. The ex-dividend date is Friday, December 22nd.
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 $0.80 per share and currently has a dividend yield of 11.06%. 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 the morning of 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 variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.79%), Allspring Global Investments Holdings LLC (4.08%), Charles Schwab Investment Management Inc. (1.68%), Balyasny Asset Management L.P. (1.46%), Northern Trust Corp (1.16%) and Wolverine Asset Management LLC (1.02%).
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.
Compare Top Brokerages Here.

This page (NASDAQ:NYMT) was last updated on 2/24/2024 by MarketBeat.com Staff