Positive News SentimentPositive NewsNASDAQ:NYMT New York Mortgage Trust (NYMT) Stock Forecast, Price & News $10.05 +0.11 (+1.11%) (As of 01:44 PM ET) Add Compare Share Share Today's Range$9.83▼$10.0650-Day Range$9.30▼$10.2852-Week Range$8.28▼$12.96Volume347,821 shsAverage Volume629,371 shsMarket Capitalization$916.36 millionP/E RatioN/ADividend Yield15.92%Price Target$13.29 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media New York Mortgage Trust MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside32.2% Upside$13.29 Price TargetShort InterestHealthy2.95% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.74Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth97.14%From $0.70 to $1.38 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.2.78 out of 5 starsFinance Sector157th out of 862 stocksReal Estate Investment Trusts Industry20th out of 190 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 $13.29, New York Mortgage Trust has a forecasted upside of 32.2% from its current price of $10.05.Amount of Analyst CoverageNew York Mortgage Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.95% 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 3.6, 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 18.46%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipNew York Mortgage Trust is a leading dividend payer. It pays a dividend yield of 15.67%, 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 115.94% 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 3.2 News and Social Media Coverage News SentimentNew York Mortgage Trust has a news sentiment score of 1.74. 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 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for New York Mortgage Trust this week, compared to 1 article on an average week.Search InterestOnly 9 people have searched for NYMT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added New York Mortgage Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% 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 1.10% of the stock of New York Mortgage Trust is held by insiders.Percentage Held by Institutions53.62% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for New York Mortgage Trust are expected to grow by 97.14% in the coming year, from $0.70 to $1.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New York Mortgage Trust is -3.85, 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 -3.85, 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 0.74. 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 (NASDAQ:NYMT) StockNew York Mortgage Trust, Inc. is a real estate investment trust, which engages in the acquisition, investment, finance, and management of mortgage-related single-family and multi-family residential assets. Its investment portfolio includes credit sensitive single-family and multi-family assets. The company was founded on September 26, 2003 and is headquartered in New York, NY.Read More 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 NYMT Stock News HeadlinesMay 16, 2023 | marketbeat.comThese 10%+ Yields are Mystery Meats – Avoid!June 8, 2023 | finance.yahoo.comNew York Mortgage Trust (NYMT) Slips on 25% Dividend CutJune 8, 2023 | Edge On The Street (Ad)The Real Problem With "Made in America" LithiumPoliticians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple. June 4, 2023 | americanbankingnews.comNew York Mortgage Trust, Inc. Forecasted to Post Q2 2023 Earnings of $0.10 Per Share (NASDAQ:NYMT)June 1, 2023 | americanbankingnews.comNew York Mortgage Trust, Inc. (NASDAQ:NYMT) Forecasted to Post FY2024 Earnings of $1.19 Per ShareMay 22, 2023 | americanbankingnews.comStockNews.com Begins Coverage on New York Mortgage Trust (NASDAQ:NYMT)May 21, 2023 | americanbankingnews.comAnalysts Set New York Mortgage Trust, Inc. (NASDAQ:NYMT) Price Target at $13.17May 11, 2023 | americanbankingnews.comNew York Mortgage Trust (NASDAQ:NYMT) Price Target Cut to $13.00June 8, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.May 10, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: New York Mortgage (NYMT), American Homes (AMH) and Affirm Holdings (AFRM)May 8, 2023 | americanbankingnews.comStockNews.com Upgrades New York Mortgage Trust (NASDAQ:NYMT) to "Hold"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 weakensMay 1, 2023 | americanbankingnews.comNew York Mortgage Trust (NYMT) Set to Announce Quarterly Earnings on WednesdayApril 26, 2023 | americanbankingnews.comAnalysts Set New York Mortgage Trust, Inc. (NASDAQ:NYMT) PT at $13.20April 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, 2023April 4, 2023 | americanbankingnews.comCritical Survey: Whitestone REIT (NYSE:WSR) versus New York Mortgage Trust (NASDAQ:NYMT)March 30, 2023 | americanbankingnews.comAnalysts Set New York Mortgage Trust, Inc. (NASDAQ:NYMT) Target Price at $13.20March 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 RevenueFebruary 22, 2023 | finance.yahoo.comNew York Mortgage Trust (NYMT) Reports Q4 Loss, Tops Revenue EstimatesSee More Headlines NYMT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NYMT Company Calendar Last Earnings5/03/2022Ex-Dividend for 4/26 Dividend3/17/2023Dividend Payable4/26/2023Today6/08/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get 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) 792-0107Fax212-634-9428Employees64Year FoundedN/APrice Target and Rating Average Stock Price Forecast$13.29 High Stock Price Forecast$20.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+33.7%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($2.61) Trailing P/E RatioN/A Forward P/E Ratio14.20 P/E GrowthN/ANet Income$-298,610,000.00 Net Margins-79.33% Pretax Margin-92.28% Return on Equity-1.19% Return on Assets-0.25% Debt Debt-to-Equity Ratio2.40 Current Ratio9.31 Quick Ratio9.31 Sales & Book Value Annual Sales$258.39 million Price / Sales3.51 Cash Flow$1.15 per share Price / Cash Flow8.68 Book Value$13.60 per share Price / Book0.73Miscellaneous Outstanding Shares91,180,000Free Float90,177,000Market Cap$906.33 million OptionableOptionable Beta1.81 Key ExecutivesJason Thomas SerranoChief Executive Officer & DirectorNicholas MahPresidentKristine R. Nario-EngChief Financial Officer & SecretarySteve BrannanMD & Head-Multifamily Credit AcquisitionsMari NittaInvestor Relations ContactKey CompetitorsARMOUR Residential REITNYSE:ARRPennyMac Mortgage Investment TrustNYSE:PMTMFA FinancialNYSE:MFARedwood TrustNYSE:RWTReady CapitalNYSE:RCView All CompetitorsInstitutional OwnershipProShare Advisors LLCSold 45,018 shares on 5/26/2023Ownership: 0.015%Ameriprise Financial Inc.Sold 1,166,759 shares on 5/22/2023Ownership: 0.458%EMC Capital ManagementSold 29,592 shares on 5/22/2023Ownership: 0.011%JPMorgan Chase & Co.Sold 325,206 shares on 5/18/2023Ownership: 0.160%New York State Common Retirement FundSold 218,275 shares on 5/18/2023Ownership: 0.042%View All Institutional Transactions NYMT Stock - Frequently Asked Questions Should I buy or sell New York Mortgage Trust stock right now? 5 Wall Street 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 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? 5 analysts have issued 1 year price objectives for New York Mortgage Trust's stock. Their NYMT share price forecasts range from $10.00 to $20.00. On average, they expect the company's stock price to reach $13.29 in the next year. This suggests a possible upside of 33.7% 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 stock has decreased by 2.9% and is now trading at $9.94. View the best growth stocks for 2023 here. Are investors shorting New York Mortgage Trust? New York Mortgage Trust saw a decrease in short interest in May. As of May 15th, there was short interest totaling 2,650,000 shares, a decrease of 18.5% from the April 30th total of 3,250,000 shares. Based on an average daily trading volume, of 733,300 shares, the short-interest ratio is presently 3.6 days. Approximately 3.0% of the company's shares are short sold. 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 Tuesday, August 1st 2023. View our NYMT earnings forecast. How were New York Mortgage Trust's earnings last quarter? New York Mortgage Trust, Inc. (NASDAQ:NYMT) announced its earnings results 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 79.33% and a negative trailing twelve-month return on equity of 1.19%. During the same quarter last year, the company earned $0.44 earnings per share. 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, March 9th. Investors of record on Monday, March 20th will be given a dividend of $0.40 per share on Wednesday, April 26th. This represents a $1.60 annualized dividend and a dividend yield of 16.10%. The ex-dividend date of this dividend is Friday, March 17th. 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 WisdomTree Alternative Income Fund (HYIN), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), VanEck Mortgage REIT Income ETF (MORT), iShares Mortgage Real Estate ETF (REM), Invesco DWA Financial Momentum ETF (PFI), Hoya Capital High Dividend Yield ETF (RIET), Global X SuperDividend ETF (SDIV) and Invesco S&P SmallCap Financials ETF (PSCF). Is New York Mortgage Trust a good dividend stock? New York Mortgage Trust (NASDAQ:NYMT) pays an annual dividend of $1.60 per share and currently has a dividend yield of 15.83%. 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? New York Mortgage Trust's stock 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). What is New York Mortgage Trust's stock symbol? New York Mortgage Trust trades on the NASDAQ under the ticker symbol "NYMT." Who are New York Mortgage Trust's major shareholders? New York Mortgage Trust's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.82%), State Street Corp (4.14%), Allspring Global Investments Holdings LLC (4.03%), Geode Capital Management LLC (2.26%), Charles Schwab Investment Management Inc. (1.32%) and EMG Holdings L.P. (1.00%). 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. What is New York Mortgage Trust's stock price today? One share of NYMT stock can currently be purchased for approximately $9.94. How much money does New York Mortgage Trust make? New York Mortgage Trust (NASDAQ:NYMT) has a market capitalization of $906.33 million and generates $258.39 million in revenue each year. The real estate investment trust earns $-298,610,000.00 in net income (profit) each year or ($2.61) 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 6/8/2023 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. 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