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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video) (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video) (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video) (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video) (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video) (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video) (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video) (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video) (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video) (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
NASDAQ:NYMT

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

$8.49
+0.05 (+0.59%)
(As of 09/29/2023 ET)
Compare
Today's Range
$8.45
$8.64
50-Day Range
$8.34
$10.49
52-Week Range
$8.28
$12.96
Volume
680,476 shs
Average Volume
717,993 shs
Market Capitalization
$774.71 million
P/E Ratio
N/A
Dividend Yield
14.13%
Price Target
$12.67

New York Mortgage Trust MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
49.2% 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 3 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.

2.49 out of 5 stars

Finance Sector

384th out of 870 stocks

Real Estate Investment Trusts Industry

77th out of 180 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
Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)
“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”
Maxim Group Reaffirms Their Buy Rating on New York Mortgage (NYMT)
NYMT - New York Mortgage Trust, Inc.
Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)
“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”
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
10/01/2023
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
+49.2%
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
$258.39 million
Cash Flow
$1.17 per share
Book Value
$13.60 per share

Miscellaneous

Free Float
90,155,000
Market Cap
$774.71 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 year. 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 equities 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 anticipate the company's share price to reach $12.67 in the next twelve months. This suggests a possible upside of 49.2% 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 shares have decreased by 17.1% and is now trading at $8.49.
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) announced its quarterly earnings results on Tuesday, May, 3rd. The real estate investment trust reported ($0.88) EPS 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 period last year, the company posted $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 Monday, September 11th. Stockholders of record on Thursday, September 21st will be given a dividend of $0.30 per share on Thursday, October 26th. This represents a $1.20 annualized dividend and a dividend yield of 14.13%. The ex-dividend date of this dividend 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?

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 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 $8.49.

How much money does New York Mortgage Trust make?

New York Mortgage Trust (NASDAQ:NYMT) has a market capitalization of $774.71 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 ($2.14) 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 10/1/2023 by MarketBeat.com Staff

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