NASDAQ:NYMTNY MTG TR INC/SH Stock Price, Forecast & News

NY MTG TR INC/SH's stock was trading at $5.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NYMT shares have decreased by 57.6% and is now trading at $2.21. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NY MTG TR INC/SH in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for NY MTG TR INC/SH.

NY MTG TR INC/SH is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for NY MTG TR INC/SH.

NY MTG TR INC/SH (NASDAQ:NYMT) posted its quarterly earnings data on Thursday, May, 21st. The real estate investment trust reported ($1.71) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.98) by $0.73. The real estate investment trust had revenue of $47.08 million for the quarter, compared to the consensus estimate of $46.50 million. NY MTG TR INC/SH had a negative return on equity of 30.87% and a net margin of 23.67%. View NY MTG TR INC/SH's earnings history.

NY MTG TR INC/SH announced a quarterly dividend on Tuesday, December 10th. Stockholders of record on Friday, December 20th will be given a dividend of $0.20 per share on Monday, January 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 36.20%. The ex-dividend date is Thursday, December 19th. View NY MTG TR INC/SH's dividend history.

8 equities research analysts have issued 12-month target prices for NY MTG TR INC/SH's shares. Their forecasts range from $2.50 to $7.00. On average, they anticipate NY MTG TR INC/SH's share price to reach $5.45 in the next twelve months. This suggests a possible upside of 146.6% from the stock's current price. View analysts' price targets for NY MTG TR INC/SH.

News articles about NYMT stock have trended somewhat positive on Thursday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. NY MTG TR INC/SH earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutNY MTG TR INC/SH.

Some companies that are related to NY MTG TR INC/SH include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), CHIMERA INVT CO/SH NEW (CIM), Two Harbors Investment (TWO), Apollo Commercial Real Est. Finance (ARI), PennyMac Mortgage Investment Trust (PMT), Colony Capital (CLNY), MFA FINL INC/SH (MFA), Redwood Trust (RWT), ARMOUR Residential REIT (ARR), CAPSTEAD MTG CO/SH (CMO), Invesco Mortgage Capital (IVR), Ready Capital (RC) and Dynex Capital (DX). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other NY MTG TR INC/SH investors own include New Residential Investment (NRZ), ANNALY CAP MGMT/SH (NLY), Energy Transfer LP Unit (ET), Western Asset Mortgage Capital (WMC), NGL Energy Partners (NGL), Two Harbors Investment (TWO), CHIMERA INVT CO/SH NEW (CIM), Orchid Island Capital (ORC), MFA FINL INC/SH (MFA) and AGNC Investment (AGNC).

NY MTG TR INC/SH trades on the NASDAQ under the ticker symbol "NYMT."

NY MTG TR INC/SH's stock is owned by a variety of institutional and retail investors. Top institutional investors include Delphi Financial Group Inc. (1.78%), Geode Capital Management LLC (1.42%), Bank of New York Mellon Corp (1.05%), Van ECK Associates Corp (0.40%), Rhumbline Advisers (0.33%) and Parametric Portfolio Associates LLC (0.32%). Company insiders that own NY MTG TR INC/SH stock include Alan L Hainey, Jason T Serrano, Kristine Rimando Nario-Eng, Nathan R Reese and Steven R Mumma. View institutional ownership trends for NY MTG TR INC/SH.

NYMT stock was sold by a variety of institutional investors in the last quarter, including Arizona State Retirement System, SG Americas Securities LLC, Nisa Investment Advisors LLC, and Janney Montgomery Scott LLC. View insider buying and selling activity for NY MTG TR INC/SH.

NYMT stock was acquired by a variety of institutional investors in the last quarter, including Geode Capital Management LLC, Bank of New York Mellon Corp, Rhumbline Advisers, BNP Paribas Arbitrage SA, Delphi Financial Group Inc., Van ECK Associates Corp, Advisors Preferred LLC, and American International Group Inc.. Company insiders that have bought NY MTG TR INC/SH 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 NY MTG TR INC/SH.

Shares of NYMT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of NYMT stock can currently be purchased for approximately $2.21.

NY MTG TR INC/SH has a market capitalization of $834.20 million and generates $694.61 million in revenue each year. The real estate investment trust earns $173.74 million in net income (profit) each year or $0.64 on an earnings per share basis. NY MTG TR INC/SH employs 36 workers across the globe.

The official website for NY MTG TR INC/SH is www.nymtrust.com.

NY MTG TR INC/SH'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]