New York Mortgage Trust Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for New York Mortgage Trust in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" New York Mortgage Trust stock. 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.
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Wall Street analysts have given New York Mortgage Trust a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but New York Mortgage Trust wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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New York Mortgage Trust saw a increase in short interest in the month of May. As of May 14th, there was short interest totaling 11,430,000 shares, an increase of 26.0% from the April 29th total of 9,070,000 shares. Based on an average daily trading volume, of 3,380,000 shares, the short-interest ratio is currently 3.4 days.
View New York Mortgage Trust's Short Interest.

New York Mortgage Trust is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for New York Mortgage Trust.

New York Mortgage Trust, Inc. (NASDAQ:NYMT) posted its earnings results on Thursday, May, 6th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11. New York Mortgage Trust had a net margin of 97.46% and a trailing twelve-month return on equity of 9.41%.
View New York Mortgage Trust's earnings history.

New York Mortgage Trust's stock was trading at $5.21 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NYMT shares have decreased by 9.4% and is now trading at $4.72.
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New York Mortgage Trust declared a quarterly dividend on Monday, June 14th. Investors of record on Thursday, June 24th will be given a dividend of $0.10 per share on Monday, July 26th. This represents a $0.40 dividend on an annualized basis and a yield of 8.47%. The ex-dividend date of this dividend is Wednesday, June 23rd.
View New York Mortgage Trust's dividend history.

New York Mortgage Trust pays an annual dividend of $0.40 per share and currently has a dividend yield of 8.62%. NYMT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View New York Mortgage Trust's dividend history.

6 equities research analysts have issued 12-month price objectives for New York Mortgage Trust's stock. Their forecasts range from $2.50 to $6.00. On average, they expect New York Mortgage Trust's stock price to reach $4.38 in the next twelve months. This suggests that the stock has a possible downside of 7.3%.
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3 employees have rated New York Mortgage Trust CEO Steven R. Mumma on Glassdoor.com. Steven R. Mumma has an approval rating of 70% among New York Mortgage Trust's employees.

Some companies that are related to New York Mortgage Trust include Annaly Capital Management (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), Colony Capital (CLNY), Chimera Investment (CIM), Apollo Commercial Real Estate Finance (ARI), MFA Financial (MFA), Two Harbors Investment (TWO), PennyMac Mortgage Investment Trust (PMT), Redwood Trust (RWT), Ready Capital (RC), Invesco Mortgage Capital (IVR), ARMOUR Residential REIT (ARR), Ares Commercial Real Estate (ACRE) and Capstead Mortgage (CMO).
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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).

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

New York Mortgage Trust's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (18.55%), Geode Capital Management LLC (1.67%), Northern Trust Corp (1.16%), Bank of New York Mellon Corp (1.05%), Credit Suisse AG (0.78%) and Principal Financial Group Inc. (0.70%). Company insiders that own New York Mortgage Trust stock include Jason T Serrano, Kristine Rimando Nario-Eng, Nathan R Reese and Steven R Mumma.
View institutional ownership trends for New York Mortgage Trust.

NYMT stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, EJF Capital LLC, Royal Bank of Canada, Russell Investments Group Ltd., Northern Trust Corp, Advisors Asset Management Inc., SG Americas Securities LLC, and Van ECK Associates Corp.
View insider buying and selling activity for New York Mortgage Trust or view top insider-selling stocks.

NYMT stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Arrowstreet Capital Limited Partnership, Healthcare of Ontario Pension Plan Trust Fund, Goldman Sachs Group Inc., Q Global Advisors LLC, JPMorgan Chase & Co., Great Lakes Advisors LLC, and Geode Capital Management LLC. Company insiders that have bought New York Mortgage Trust stock in the last two years include Jason T Serrano, Kristine Rimando Nario-Eng, Nathan R Reese, and Steven R Mumma.
View insider buying and selling activity for New York Mortgage Trust or or view top insider-buying stocks.

Shares of NYMT 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.
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One share of NYMT stock can currently be purchased for approximately $4.72.

New York Mortgage Trust has a market capitalization of $1.79 billion and generates $350.16 million in revenue each year. The real estate investment trust earns $-288,510,000.00 in net income (profit) each year or ($1.39) on an earnings per share basis.

New York Mortgage Trust employs 56 workers across the globe.

The official website for New York Mortgage Trust is www.nymtrust.com.

New York Mortgage Trust is headquartered at 90 Park Avenue, New York NY, 10016.

New York Mortgage Trust's mailing address is 90 Park Avenue, New York NY, 10016. The real estate investment trust can be reached via phone at 212-792-0107 or via email at [email protected]