New York Mortgage Trust (NYMT) Stock Price, News & Analysis $8.83 -0.11 (-1.23%) (As of 11:32 AM ET) Add Compare Share Share Today's Range$8.83▼$8.9450-Day Range$7.40▼$9.2052-Week Range$7.23▼$12.96Volume154,094 shsAverage Volume624,740 shsMarket Capitalization$800.70 millionP/E RatioN/ADividend Yield13.59%Price Target$12.08 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media New York Mortgage Trust MarketRank™ Stock AnalysisAnalyst RatingHold2.20 Rating ScoreUpside/Downside35.2% Upside$12.08 Price TargetShort InterestHealthy2.49% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.05Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.23) to $0.79 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector202nd out of 788 stocksReal Estate Investment Trusts Industry45th out of 171 stocks 3.1 Analyst's Opinion Consensus RatingNew York Mortgage Trust has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.08, New York Mortgage Trust has a forecasted upside of 35.2% from its current price of $8.94.Amount of Analyst CoverageNew York Mortgage Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.49% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in New York Mortgage Trust has recently decreased by 3.46%, 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 13.42%, 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 151.90% in the coming year. This indicates that New York Mortgage Trust may not be able to sustain their current 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 3.4 News and Social Media Coverage News SentimentNew York Mortgage Trust has a news sentiment score of 1.05. 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 0.62 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for New York Mortgage Trust this week, compared to 1 article on an average week.Search InterestOnly 5 people have searched for NYMT on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.MarketBeat Follows3 people have added New York Mortgage Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 1.20% of the stock of New York Mortgage Trust is held by insiders.Percentage Held by Institutions52.98% 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. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for New York Mortgage Trust are expected to grow in the coming year, from ($1.23) to $0.79 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New York Mortgage Trust is -4.81, 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 -4.81, 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 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks 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 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.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 HeadlinesDecember 9, 2023 | americanbankingnews.comAnalysts Set New York Mortgage Trust, Inc. (NASDAQ:NYMT) PT at $12.80December 7, 2023 | americanbankingnews.comNew York Mortgage Trust (NASDAQ:NYMT) Now Covered by Analysts at UBS GroupDecember 11, 2023 | Wealthpress (Ad)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.November 4, 2023 | markets.businessinsider.comMaxim Group Sticks to Its Buy Rating for New York Mortgage (NYMT)November 2, 2023 | seekingalpha.comNew York Mortgage Trust, Inc. 2023 Q3 - Results - Earnings Call PresentationOctober 10, 2023 | seekingalpha.comNew York Mortgage Trust: Why We Rotated Our Allocation In The Preferred Suite, Part 2September 27, 2023 | msn.comNew York Mortgage Trust 6.875% PFD SER F goes ex-dividend tomorrowAugust 14, 2023 | msn.comB. Riley Securities Maintains New York Mortgage Trust (NYMT) Buy RecommendationDecember 11, 2023 | Wealthpress (Ad)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.August 5, 2023 | finance.yahoo.comNew York Mortgage Trust, Inc. (NASDAQ:NYMT) Q2 2023 Earnings Call TranscriptAugust 4, 2023 | markets.businessinsider.comMaxim Group Reaffirms Their Buy Rating on New York Mortgage (NYMT)August 3, 2023 | seekingalpha.comNew York Mortgage Trust, Inc. 2023 Q2 - Results - Earnings Call PresentationJuly 13, 2023 | nz.finance.yahoo.comNYMT - New York Mortgage Trust, Inc.July 7, 2023 | finance.yahoo.comNew York Mortgage Trust 2023 Second Quarter Conference Call Scheduled for Thursday, August 3, 2023June 8, 2023 | finance.yahoo.comNew York Mortgage Trust (NYMT) Slips on 25% Dividend CutMay 10, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: New York Mortgage (NYMT), American Homes (AMH) and Affirm Holdings (AFRM)May 4, 2023 | seekingalpha.comNew York Mortgage Trust, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 4, 2023 | marketwatch.com8-K: NEW YORK MORTGAGE TRUST INCMay 3, 2023 | msn.comNew York Mortgage Trust Q1 earnings tops estimates, but NII weakensApril 25, 2023 | seekingalpha.comNew York Mortgage Trust: BVPS Drops, But Bad News Getting Baked In (Rating Upgrade)April 7, 2023 | finance.yahoo.comNew York Mortgage Trust 2023 First Quarter Conference Call Scheduled for Thursday, May 4, 2023March 22, 2023 | finance.yahoo.comIs the Options Market Predicting a Spike in New York Mortgage (NYMT) Stock?March 9, 2023 | finance.yahoo.comNew York Mortgage Trust Declares First Quarter 2023 Common Stock Dividend of $0.40 Per Share, and Preferred Stock DividendsMarch 9, 2023 | finance.yahoo.comNew York Mortgage Trust Declares First Quarter 2023 Common Stock Dividend of $0.40 Per Share, and Preferred Stock DividendsMarch 9, 2023 | finanznachrichten.deNew York Mortgage Trust, Inc.: New York Mortgage Trust Completes One-for-four Reverse Stock SplitMarch 9, 2023 | finance.yahoo.comNew York Mortgage Trust Completes One-for-four Reverse Stock SplitMarch 4, 2023 | benzinga.comNew York Mortgage Trust Stock (NASDAQ:NYMT), Earnings Estimates, EPS, and RevenueSee 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 Earnings5/03/2022Ex-Dividend for 10/26 Dividend9/20/2023Dividend Payable10/26/2023Today12/11/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/28/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Real estate investment trusts Sub-IndustryMortgage REITs SectorFinance Current SymbolNASDAQ:NYMT CUSIP64960450 CIK1273685 Webwww.nymtrust.com Phone(212) 792-0107Fax212-634-9428Employees79Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.86) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-298,610,000.00 Net Margins-52.78% Pretax Margin-63.01% Return on Equity1.46% Return on Assets0.27% Debt Debt-to-Equity Ratio3.81 Current Ratio12.41 Quick Ratio12.41 Sales & Book Value Annual Sales$258.39 million Price / Sales3.12 Cash Flow$1.16 per share Price / Cash Flow7.68 Book Value$13.60 per share Price / Book0.65Miscellaneous Outstanding Shares90,680,000Free Float89,595,000Market Cap$806.15 million OptionableOptionable Beta1.84 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Steven R. Mumma CPA (Age 64)Executive Chairman Comp: $1.57MMr. Jason T. Serrano (Age 48)CEO & Director Comp: $2.37MMs. Kristine R. Nario-Eng CPA (Age 43)Eng., Secretary, CFO & Principal Accounting Officer Comp: $1.04MMr. Nicholas Mah (Age 41)President Mr. Stephen L. Hogue (Age 56)Managing Director Mr. Steven B. Brannan (Age 43)Managing Director Emily StillerControllerMore ExecutivesKey CompetitorsRedwood TrustNYSE:RWTARMOUR Residential REITNYSE:ARRBroadmark Realty CapitalNYSE:BRMKMFA FinancialNYSE:MFAChimera InvestmentNYSE:CIMView All CompetitorsInstitutional OwnershipCitigroup Inc.Sold 30,726 shares on 12/6/2023Ownership: 0.040%Deutsche Bank AGBought 5,554 shares on 11/24/2023Ownership: 0.047%Public Sector Pension Investment BoardSold 49,062 shares on 11/22/2023Ownership: 0.124%Almitas Capital LLCSold 16,000 shares on 11/21/2023Ownership: 0.433%Walleye Capital LLCBought 15,700 shares on 11/21/2023Ownership: 0.017%View All Institutional Transactions 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? ETFs with the largest weight of New York Mortgage Trust (NASDAQ:NYMT) stock in their portfolio include Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), WisdomTree Alternative Income Fund (HYIN), VanEck Mortgage REIT Income ETF (MORT) and iShares Mortgage Real Estate Capped ETF (REM).Global X SuperDividend ETF (SDIV). 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? Based on aggregate information from My MarketBeat watchlists, some companies that other 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), Washington Prime Group (WPG), Annaly Capital Management (NLY), Western Asset Mortgage Capital (WMC) and Golar LNG Partners (GMLP). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding New York Mortgage Trust, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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