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S&P 500   4,288.39
DOW   33,433.35
QQQ   361.26
Nvidia Stock, Christmas Comes Early If You’re On the Fence
BREAKING: Tiny biotech successfully treats blindness (Ad)
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Here’s Why Cloudflare may be the Ultimate Cloud Stock to Own
BREAKING: Tiny biotech successfully treats blindness (Ad)
Peloton and Lululemon, Does the Deal Make Sense?
2 Seasonal Stocks to Warm Up Your Portfolio
New Breakthrough "Living Software" Has Been… (Ad)
Fed's Powell gets an earful about inflation and interest rates from small businesses
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
S&P 500   4,288.39
DOW   33,433.35
QQQ   361.26
Nvidia Stock, Christmas Comes Early If You’re On the Fence
BREAKING: Tiny biotech successfully treats blindness (Ad)
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Here’s Why Cloudflare may be the Ultimate Cloud Stock to Own
BREAKING: Tiny biotech successfully treats blindness (Ad)
Peloton and Lululemon, Does the Deal Make Sense?
2 Seasonal Stocks to Warm Up Your Portfolio
New Breakthrough "Living Software" Has Been… (Ad)
Fed's Powell gets an earful about inflation and interest rates from small businesses
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
S&P 500   4,288.39
DOW   33,433.35
QQQ   361.26
Nvidia Stock, Christmas Comes Early If You’re On the Fence
BREAKING: Tiny biotech successfully treats blindness (Ad)
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Here’s Why Cloudflare may be the Ultimate Cloud Stock to Own
BREAKING: Tiny biotech successfully treats blindness (Ad)
Peloton and Lululemon, Does the Deal Make Sense?
2 Seasonal Stocks to Warm Up Your Portfolio
New Breakthrough "Living Software" Has Been… (Ad)
Fed's Powell gets an earful about inflation and interest rates from small businesses
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
NASDAQ:NYMT

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

$8.33
-0.16 (-1.88%)
(As of 10/2/2023 ET)
Compare
Today's Range
$8.26
$8.46
50-Day Range
$8.33
$10.49
52-Week Range
$8.26
$12.96
Volume
903,960 shs
Average Volume
734,777 shs
Market Capitalization
$760.11 million
P/E Ratio
N/A
Dividend Yield
14.41%
Price Target
$12.67

New York Mortgage Trust MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
52.1% Upside
$12.67 Price Target
Short Interest
Healthy
2.60% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.47mentions of New York Mortgage Trust in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.07) to $0.95 Per Share

Overall MarketRank

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

2.55 out of 5 stars

Finance Sector

354th out of 861 stocks

Real Estate Investment Trusts Industry

70th out of 182 stocks


NYMT stock logo

About New York Mortgage Trust (NASDAQ:NYMT) Stock

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 Price History

NYMT Stock News Headlines

StockNews.com Upgrades New York Mortgage Trust (NASDAQ:NYMT) to Hold
Something is Coming for America's Top Stock
This stock has already doubled this year - but it could hurt your portfolio if you hold it much longer. Learn why here.
Maxim Group Reaffirms Their Buy Rating on New York Mortgage (NYMT)
NYMT - New York Mortgage Trust, Inc.
Something is Coming for America's Top Stock
This stock has already doubled this year - but it could hurt your portfolio if you hold it much longer. Learn why here.
8-K: NEW YORK MORTGAGE TRUST INC
See More Headlines
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NYMT Company Calendar

Last Earnings
5/03/2022
Ex-Dividend for 7/26 Dividend
6/15/2023
Dividend Payable
7/26/2023
Ex-Dividend for 10/26 Dividend
9/20/2023
Today
10/03/2023
Dividend Payable
10/26/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
Sector
Finance
Current Symbol
NASDAQ:NYMT
CUSIP
64960450
Employees
74
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$12.67
High Stock Price Forecast
$15.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+52.1%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$-298,610,000.00
Pretax Margin
-71.91%

Debt

Sales & Book Value

Annual Sales
$153.47 million
Cash Flow
$1.14 per share
Book Value
$13.60 per share

Miscellaneous

Free Float
90,155,000
Market Cap
$760.11 million
Optionable
Optionable
Beta
1.79
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Key Executives

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













NYMT Stock - Frequently Asked Questions

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

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for New York Mortgage Trust in the last twelve months. There are currently 3 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 forecast for 2023?

4 Wall Street research analysts have issued twelve-month target prices for New York Mortgage Trust's shares. Their NYMT share price forecasts range from $10.00 to $15.00. On average, they expect the company's share price to reach $12.67 in the next twelve months. This suggests a possible upside of 52.1% 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 at the beginning of the year. Since then, NYMT shares have decreased by 18.7% and is now trading at $8.33.
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, November 1st 2023.
View our NYMT earnings forecast
.

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

New York Mortgage Trust, Inc. (NASDAQ:NYMT) released 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 negative net margin of 64.46% and a negative trailing twelve-month return on equity of 1.40%. During the same quarter in the previous year, the company earned $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. Stockholders 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 14.41%. The ex-dividend date is Wednesday, September 20th.
Read our dividend analysis for NYMT
.

What ETFs hold New York Mortgage Trust's stock?
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 14.22%. 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.

When did New York Mortgage Trust's stock split?

Shares of New York Mortgage Trust 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 closing bell 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?
What is New York Mortgage Trust's stock symbol?

New York Mortgage Trust trades on the NASDAQ under the ticker symbol "NYMT."

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.

What is New York Mortgage Trust's stock price today?

One share of NYMT stock can currently be purchased for approximately $8.33.

How much money does New York Mortgage Trust make?

New York Mortgage Trust (NASDAQ:NYMT) has a market capitalization of $760.11 million and generates $153.47 million in revenue each year. The real estate investment trust earns $-298,610,000.00 in net income (profit) each year or ($2.14) on an earnings per share basis.

How can I contact New York Mortgage Trust?

New York Mortgage Trust's mailing address is 90 Park Avenue, New York NY, 10016. The official website for the company is www.nymtrust.com. The real estate investment trust can be reached via phone at (212) 792-0107, via email at investorrelations@nymtrust.com, or via fax at 212-634-9428.

This page (NASDAQ:NYMT) was last updated on 10/3/2023 by MarketBeat.com Staff

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