New York Mortgage Trust Company Profile (NASDAQ:NYMT)

About New York Mortgage Trust (NASDAQ:NYMT)

New York Mortgage Trust logoNew York Mortgage Trust, Inc. is a real estate investment trust (REIT). The Company is engaged in the business of acquiring, investing in, financing and managing primarily mortgage-related assets and financial assets. The Company's investment portfolio includes residential mortgage loans, including second mortgages and loans sourced from distressed markets, non-agency residential mortgage-backed securities (RMBS), multi-family commercial mortgage-backed securities, preferred equity and joint venture equity investments in, and mezzanine loans to, owners of multi-family properties, equity and debt securities issued by entities that invest in residential and commercial real estate and agency RMBS. It may acquire and manage various other types of mortgage-related and financial assets, including, without limitation, collateralized mortgage obligations and securities issued by newly originated residential securitizations, including credit sensitive securities from these securitizations.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Residential
  • Sub-Industry: Mortgage REITs
  • Symbol: NASDAQ:NYMT
  • CUSIP: 64960450
  • Web: www.nymtrust.com
Capitalization:
  • Market Cap: $687.83 million
  • Outstanding Shares: 111,843,000
Average Prices:
  • 50 Day Moving Avg: $6.24
  • 200 Day Moving Avg: $6.44
  • 52 Week Range: $5.54 - $7.04
P/E:
  • Trailing P/E Ratio: 11.96
  • Foreward P/E Ratio: 10.42
  • P/E Growth: 0.85
Sales & Book Value:
  • Annual Revenue: $109.93 million
  • Price / Sales: 6.26
  • Book Value: $6.13 per share
  • Price / Book: 1.00
Dividend:
  • Annual Dividend: $0.96
  • Dividend Yield: 13.1%
Profitability:
  • Net Margins: 18.01%
  • Return on Equity: 8.27%
  • Return on Assets: 0.64%
Debt:
  • Debt-to-Equity Ratio: 11.57%
  • Current Ratio: 124.73%
  • Quick Ratio: 124.73%
Misc:
  • Average Volume: 1.11 million shs.
  • Beta: 1.28
  • Short Ratio: 8.84
 

Frequently Asked Questions for New York Mortgage Trust (NASDAQ:NYMT)

What is New York Mortgage Trust's stock symbol?

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

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 16th. Shareholders of record on Monday, March 27th will be paid a dividend of $0.20 per share on Tuesday, April 25th. This represents a $0.80 dividend on an annualized basis and a yield of 13.01%. The ex-dividend date is Thursday, March 23rd. View New York Mortgage Trust's Dividend History.

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

New York Mortgage Trust Inc (NASDAQ:NYMT) issued its earnings results on Wednesday, May, 3rd. The company reported $0.14 EPS for the quarter, missing the Zacks' consensus estimate of $0.15 by $0.01. The firm had revenue of $13.92 million for the quarter, compared to analysts' expectations of $19.49 million. New York Mortgage Trust had a net margin of 18.01% and a return on equity of 8.27%. During the same period in the prior year, the business earned $0.13 EPS. View New York Mortgage Trust's Earnings History.

Where is New York Mortgage Trust's stock going? Where will New York Mortgage Trust's stock price be in 2017?

7 analysts have issued twelve-month target prices for New York Mortgage Trust's stock. Their predictions range from $5.50 to $7.00. On average, they expect New York Mortgage Trust's stock price to reach $6.15 in the next twelve months. View Analyst Ratings for New York Mortgage Trust.

Are investors shorting New York Mortgage Trust?

New York Mortgage Trust saw a drop in short interest during the month of April. As of April 13th, there was short interest totalling 9,937,686 shares, a drop of 12.6% from the March 31st total of 11,374,191 shares. Based on an average trading volume of 861,071 shares, the days-to-cover ratio is presently 11.5 days. Currently, 9.0% of the company's stock are short sold.

Who are some of New York Mortgage Trust's key competitors?

Who owns New York Mortgage Trust stock?

New York Mortgage Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.04%), LSV Asset Management (3.09%), UBS Group AG (2.64%), Global X Management Co. LLC (2.23%), Geode Capital Management LLC (0.82%) and California Public Employees Retirement System (0.50%). Company insiders that own New York Mortgage Trust stock include Kevin M Donlon, Kristine Rimando Nario and Steven R Mumma. View Institutional Ownership Trends for New York Mortgage Trust.

Who sold New York Mortgage Trust stock? Who is selling New York Mortgage Trust stock?

New York Mortgage Trust's stock was sold by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Morgan Stanley, JPMorgan Chase & Co., Creative Planning, TIAA CREF Investment Management LLC, Nationwide Fund Advisors, Principal Financial Group Inc. and Cambridge Investment Research Advisors Inc.. View Insider Buying and Selling for New York Mortgage Trust.

Who bought New York Mortgage Trust stock? Who is buying New York Mortgage Trust stock?

New York Mortgage Trust's stock was acquired by a variety of institutional investors in the last quarter, including Global X Management Co. LLC, UBS Group AG, LSV Asset Management, Citadel Advisors LLC, Parametric Portfolio Associates LLC, Vanguard Group Inc., Geode Capital Management LLC and Menta Capital LLC. Company insiders that have bought New York Mortgage Trust stock in the last two years include Kevin M Donlon, Kristine Rimando Nario and Steven R Mumma. View Insider Buying and Selling for New York Mortgage Trust.

How do I buy New York Mortgage Trust stock?

Shares of New York Mortgage Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of New York Mortgage Trust stock cost?

One share of New York Mortgage Trust stock can currently be purchased for approximately $6.15.

Analyst Ratings

Consensus Ratings for New York Mortgage Trust (NASDAQ:NYMT) (?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $6.15 (0.00% downside)

Analysts' Ratings History for New York Mortgage Trust (NASDAQ:NYMT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/10/2017Keefe, Bruyette & WoodsSet Price TargetHold$6.00LowView Rating Details
3/24/2017Ladenburg Thalmann Financial ServicesDowngradeBuy -> NeutralLowView Rating Details
12/19/2016Maxim GroupBoost Price TargetBuy$6.75 -> $7.00N/AView Rating Details
11/3/2016FBR & CoReiterated RatingHoldN/AView Rating Details
8/6/2016Deutsche Bank AGSet Price TargetHold$6.00N/AView Rating Details
8/3/2016Credit Suisse Group AGReiterated RatingSell$5.50N/AView Rating Details
6/4/2016JMP SecuritiesReiterated RatingHoldN/AView Rating Details
3/1/2016Barclays PLCLower Price TargetEqual Weight$6.00 -> $5.00N/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for New York Mortgage Trust (NASDAQ:NYMT)
Earnings by Quarter for New York Mortgage Trust (NASDAQ:NYMT)
Earnings History by Quarter for New York Mortgage Trust (NASDAQ:NYMT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017Q1 2017$0.15$0.14$19.49 million$13.92 millionViewListenView Earnings Details
2/21/2017Q4 2016$0.16$0.09$17.15 million$14.81 millionViewN/AView Earnings Details
11/1/2016Q316$0.18$0.18$69.14 million$15.52 millionViewN/AView Earnings Details
8/2/2016Q216$0.18$0.10$16.50 million$16.66 millionViewN/AView Earnings Details
5/3/2016Q116$0.17$0.13$78.72 million$17.64 millionViewN/AView Earnings Details
2/23/2016Q4$0.22$0.01$80.35 million$15.99 millionViewListenView Earnings Details
11/3/2015Q3$0.22$0.23$87.10 million$18.29 millionViewListenView Earnings Details
8/4/2015Q2$0.23$0.20$94.19 million$20.30 millionViewListenView Earnings Details
5/5/2015Q115$0.26$0.21$23.55 million$21.60 millionViewN/AView Earnings Details
11/4/2014Q314$0.19$0.42$22.43 million$19.32 millionViewN/AView Earnings Details
8/5/2014Q214$0.25$0.34$22.55 million$19.88 millionViewListenView Earnings Details
5/6/2014Q114$0.26$0.29$19.83 millionViewN/AView Earnings Details
3/4/2014Q413$0.23$0.34$16.92 millionViewListenView Earnings Details
11/5/2013Q313$0.23$0.27ViewN/AView Earnings Details
8/6/2013Q113$0.24$0.19ViewN/AView Earnings Details
5/7/2013Q1 2013$0.22$0.31$14.40 millionViewN/AView Earnings Details
3/5/2013Q412$0.25$0.19ViewN/AView Earnings Details
11/7/2012Q312$0.72$0.34ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for New York Mortgage Trust (NASDAQ:NYMT)
2017 EPS Consensus Estimate: $0.59
2018 EPS Consensus Estimate: $0.57
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.15$0.15$0.15
Q2 20171$0.14$0.14$0.14
Q3 20171$0.15$0.15$0.15
Q4 20171$0.15$0.15$0.15
Q1 20181$0.14$0.14$0.14
Q2 20181$0.14$0.14$0.14
Q3 20181$0.14$0.14$0.14
Q4 20181$0.15$0.15$0.15
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for New York Mortgage Trust (NASDAQ:NYMT)
Most Recent Dividend:4/25/2017
Annual Dividend:$0.96
Dividend Yield:15.61%
Payout Ratio:228.58% (Trailing 12 Months of Earnings)
160.00% (Based on This Year's Estimates)
162.71% (Based on Next Year's Estimates)
Dividend Payments by Quarter for New York Mortgage Trust (NASDAQ:NYMT)

Dividend History by Quarter for New York Mortgage Trust (NASDAQ:NYMT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/16/2017Quarterly$0.2012.56%3/23/20173/27/20174/25/2017
12/15/2016quarterly$0.2414.2%12/22/201612/27/20161/26/2017
9/16/2016quarterly$0.2416.22%9/22/20169/26/201610/28/2016
6/16/2016quarterly$0.2414.68%6/23/20166/27/20167/25/2016
3/18/2016quarterly$0.2419.09%3/23/20163/28/20164/25/2016
12/16/2015quarterly$0.2417.49%12/23/201512/28/20151/25/2016
9/18/2015quarterly$0.2414.68%9/24/20159/28/201510/26/2015
6/18/2015quarterly$0.2713.43%6/25/20156/29/20157/27/2015
3/19/2015quarterly$0.2713.48%3/26/20153/30/20154/27/2015
12/12/2014quarterly$0.2713.72%12/18/201412/22/20141/26/2015
9/18/2014quarterly$0.2713.74%9/25/20149/29/201410/27/2014
6/18/2014quarterly$0.2713.3%6/26/20146/30/20147/25/2014
3/13/2014quarterly$0.2713.69%3/20/20143/24/20144/25/2014
12/10/2013quarterly$0.2714.84%12/18/201312/20/20131/27/2014
9/12/2013quarterly$0.2716.59%9/19/20139/23/201310/25/2013
6/18/2013quarterly$0.2715.47%6/26/20136/28/20137/25/2013
3/18/2013quarterly$0.2714.71%3/26/20133/28/20134/25/2013
12/14/2012quarterly$0.2716.39%12/20/201212/24/20121/25/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for New York Mortgage Trust (NASDAQ:NYMT)
Insider Ownership Percentage: 0.61%
Institutional Ownership Percentage: 29.83%
Insider Trades by Quarter for New York Mortgage Trust (NASDAQ:NYMT)
Institutional Ownership by Quarter for New York Mortgage Trust (NASDAQ:NYMT)
Insider Trades by Quarter for New York Mortgage Trust (NASDAQ:NYMT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/9/2016Kevin M DonlonPresidentBuy58,004$6.30$365,425.20View SEC Filing  
5/31/2016Kevin M DonlonPresidentBuy203,396$5.92$1,204,104.32View SEC Filing  
5/23/2016Kevin M DonlonPresidentBuy1,600$5.60$8,960.00View SEC Filing  
5/20/2016Kevin M DonlonPresidentBuy50,000$5.60$280,000.00View SEC Filing  
5/17/2016Kevin M DonlonPresidentBuy200,000$5.66$1,132,000.00View SEC Filing  
8/10/2015Kristine Rimando NarioCFOBuy2,200$6.59$14,498.00View SEC Filing  
8/10/2015Steven R MummaCEOBuy15,000$6.67$100,050.00View SEC Filing  
8/20/2013Steven MummaCEOBuy25,000$5.65$141,250.00View SEC Filing  
8/19/2013Douglas NealDirectorBuy8,700$5.64$49,068.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for New York Mortgage Trust (NASDAQ:NYMT)
Latest Headlines for New York Mortgage Trust (NASDAQ:NYMT)
Source:
DateHeadline
americanbankingnews.com logoNew York Mortgage Trust Inc (NYMT) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - May 16 at 9:46 AM
americanbankingnews.com logoKeefe, Bruyette & Woods Reiterates $6.00 Price Target for New York Mortgage Trust Inc (NYMT)
www.americanbankingnews.com - May 13 at 5:50 PM
marketwatch.com logo10-Q: NEW YORK MORTGAGE TRUST INC
www.marketwatch.com - May 9 at 6:36 PM
americanbankingnews.com logoNew York Mortgage Trust Inc (NYMT) Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - May 6 at 8:32 AM
americanbankingnews.com logoQ2 2017 Earnings Estimate for New York Mortgage Trust Inc Issued By FBR & Co (NYMT)
www.americanbankingnews.com - May 5 at 7:16 AM
finance.yahoo.com logoEdited Transcript of NYMT earnings conference call or presentation 4-May-17 1:00pm GMT
finance.yahoo.com - May 5 at 12:09 AM
americanbankingnews.com logoNew York Mortgage Trust (NYMT) Receives News Impact Rating of 0.07
www.americanbankingnews.com - May 4 at 8:22 PM
finance.yahoo.com logoNew York Mortgage Trust posts 1Q profit - Yahoo Finance
finance.yahoo.com - May 4 at 7:07 PM
globenewswire.com logoNew York Mortgage Trust Reports First Quarter 2017 Results - GlobeNewswire (press release)
globenewswire.com - May 4 at 7:07 PM
finance.yahoo.com logoNew York Mortgage Trust, Inc. breached its 50 day moving average in a Bearish Manner : NYMT-US : May 4, 2017
finance.yahoo.com - May 4 at 7:07 PM
seekingalpha.com logoNew York Mortgage Trust misses by $0.01, misses on net interest income
seekingalpha.com - May 3 at 8:06 PM
finance.yahoo.com logoNew York Mortgage Trust Reports First Quarter 2017 Results
finance.yahoo.com - May 3 at 8:06 PM
americanbankingnews.com logoNew York Mortgage Trust Inc (NYMT) Releases Earnings Results, Misses Estimates By $0.01 EPS
www.americanbankingnews.com - May 3 at 7:56 PM
marketbeat.com logoNew York Mortgage Trust posts 1Q profit
marketbeat.com - May 3 at 6:05 PM
americanbankingnews.com logoSomewhat Positive Press Coverage Likely to Impact New York Mortgage Trust (NYMT) Share Price
www.americanbankingnews.com - May 1 at 7:54 PM
finance.yahoo.com logoETFs with exposure to New York Mortgage Trust, Inc. : May 1, 2017
finance.yahoo.com - May 1 at 5:53 PM
finance.yahoo.com logoReal Estate Investment Trusts Are The New Money Market Funds
finance.yahoo.com - April 28 at 7:57 PM
americanbankingnews.com logoShort Interest in New York Mortgage Trust Inc (NYMT) Drops By 12.6%
www.americanbankingnews.com - April 28 at 7:10 AM
americanbankingnews.com logoFavorable Press Coverage Likely to Impact New York Mortgage Trust (NYMT) Stock Price
www.americanbankingnews.com - April 27 at 3:54 PM
finance.yahoo.com logoNew York Mortgage Trust, Inc. breached its 50 day moving average in a Bullish Manner : NYMT-US : April 24, 2017
finance.yahoo.com - April 24 at 12:14 PM
americanbankingnews.com logoNew York Mortgage Trust (NYMT) Given News Sentiment Score of 0.19
www.americanbankingnews.com - April 23 at 8:09 PM
globenewswire.com logoNew York Mortgage Trust 2017 First Quarter Conference Call ... - GlobeNewswire (press release)
globenewswire.com - April 22 at 12:35 PM
feeds.benzinga.com logoNew York Mortgage Trust 2017 First Quarter Conference Call Scheduled for Thursday, May 4, 2017
feeds.benzinga.com - April 21 at 4:22 PM
americanbankingnews.com logoNew York Mortgage Trust Inc (NYMT) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - April 21 at 10:25 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Extremely Likely to Impact New York Mortgage Trust (NYMT) Stock Price
www.americanbankingnews.com - April 20 at 7:22 PM
bizjournals.com logoResearch Reports Coverage on REIT Stocks -- Two Harbors Investment, New York Mortgage Trust, Monogram Residential, and AvalonBay
www.bizjournals.com - April 20 at 9:13 AM
americanbankingnews.com logoNew York Mortgage Trust (NYMT) Getting Positive News Coverage, Study Shows
www.americanbankingnews.com - April 16 at 3:00 PM
nasdaq.com logoNYMT Makes Bullish Cross Above Critical Moving Average
www.nasdaq.com - April 11 at 6:51 PM
finance.yahoo.com logoNew York Mortgage Trust, Inc. : NYMT-US: Dividend Analysis : March 27th, 2017 (record date) : By the numbers : April 10, 2017
finance.yahoo.com - April 10 at 6:30 PM
finance.yahoo.com logoETFs with exposure to New York Mortgage Trust, Inc. : April 5, 2017
finance.yahoo.com - April 7 at 11:39 AM
americanbankingnews.com logoNew York Mortgage Trust Inc (NYMT) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - March 27 at 2:20 PM
americanbankingnews.com logoNew York Mortgage Trust Inc (NYMT) Sees Large Increase in Short Interest
www.americanbankingnews.com - March 26 at 7:23 AM
americanbankingnews.com logoNew York Mortgage Trust Inc (NYMT) Rating Lowered to Neutral at Ladenburg Thalmann Financial Services
www.americanbankingnews.com - March 24 at 11:46 AM
americanbankingnews.com logoNew York Mortgage Trust Inc (NYMT) Announces Quarterly Dividend of $0.20
www.americanbankingnews.com - March 17 at 9:29 AM
seekingalpha.com logoNew York Mortgage Trust: Get Out
seekingalpha.com - March 17 at 8:19 AM
finance.yahoo.com logoNew York Mortgage Trust Declares First Quarter 2017 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends
finance.yahoo.com - March 16 at 7:42 PM
finance.yahoo.com logo4:02 pm New York Mortgage Trust reduces quarterly dividend to $0.20/share from $0.24/share
finance.yahoo.com - March 16 at 7:42 PM
biz.yahoo.com logoNEW YORK MORTGAGE TRUST INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - March 16 at 7:42 PM
finance.yahoo.com logoNEW YORK MORTGAGE TRUST INC Financials
finance.yahoo.com - March 4 at 7:02 PM
marketwatch.com logo10-K: NEW YORK MORTGAGE TRUST INC
www.marketwatch.com - March 1 at 10:26 AM
biz.yahoo.com logoNEW YORK MORTGAGE TRUST INC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 1 at 10:26 AM
thestreet.com logoNew York Mortgage Trust's Series B Preferred Stock Shares Cross 8% Yield Mark
www.thestreet.com - February 28 at 7:03 PM
seekingalpha.com logoNew York Mortgage Trust: Unjustifiable
seekingalpha.com - February 23 at 12:07 AM
finance.yahoo.com logoEdited Transcript of NYMT earnings conference call or presentation 22-Feb-17 2:00pm GMT
finance.yahoo.com - February 23 at 12:06 AM
seekingalpha.com logoNew York Mortgage Trust Missed Hard
seekingalpha.com - February 22 at 9:03 AM
reuters.com logoBRIEF-New York Mortgage Q4 EPS $0.09
www.reuters.com - February 22 at 9:03 AM
biz.yahoo.com logoQ4 2016 New York Mortgage Trust Inc Earnings Release - After Market Close
us.rd.yahoo.com - February 22 at 9:03 AM
us.rd.yahoo.com logoNew York Mortgage Trust Reports Fourth Quarter and Full Year 2016 Results
us.rd.yahoo.com - February 22 at 9:03 AM
globenewswire.com logoNew York Mortgage Trust Reports Fourth Quarter and Full Year 2016 Results - GlobeNewswire (press release)
globenewswire.com - February 21 at 5:54 PM
biz.yahoo.com logoNEW YORK MORTGAGE TRUST INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a
biz.yahoo.com - February 21 at 5:54 PM

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Chart

New York Mortgage Trust (NYMT) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff