NASDAQ:NYMT New York Mortgage Trust - NYMT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding New York Mortgage Trust, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $9.18 +0.49 (+5.64%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$8.56▼$9.2150-Day Range$8.69▼$12.7652-Week Range$8.28▼$14.88Volume824,446 shsAverage Volume1.10 million shsMarket Capitalization$839.14 millionP/E RatioN/ADividend Yield17.43%Price Target$13.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media New York Mortgage Trust MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside45.2% Upside$13.33 Price TargetShort InterestHealthy10.11% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.09Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth86.89%From $0.61 to $1.14 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.2.69 out of 5 starsFinance Sector341st out of 883 stocksReal Estate Investment Trusts Industry67th out of 189 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 $13.33, New York Mortgage Trust has a forecasted upside of 45.2% from its current price of $9.18.Amount of Analyst CoverageNew York Mortgage Trust has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted10.11% 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 3.7, 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 75.32%, 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 18.41%, 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 140.35% 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 3.4 News and Social Media Coverage News SentimentNew York Mortgage Trust has a news sentiment score of 1.09. 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 0.77 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for New York Mortgage Trust this week, compared to 1 article on an average week.Social Mentions This WeekMarketBeat has tracked 1 reddit mention for New York Mortgage Trust this week, compared to 0 mentions on an average week.Search InterestOnly 56 people have searched for NYMT on MarketBeat in the last 30 days. This is a decrease of -2% compared to the previous 30 days.MarketBeat Follows17 people have added New York Mortgage Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 240% 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 86.89% in the coming year, from $0.61 to $1.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New York Mortgage Trust is -2.55, 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 -2.55, 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 0.68. 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 HeadlinesMarch 22, 2023 | finance.yahoo.comIs the Options Market Predicting a Spike in New York Mortgage (NYMT) Stock?March 20, 2023 | americanbankingnews.comNew York Mortgage Trust (NASDAQ:NYMT) Price Target Increased to $10.00 by Analysts at Keefe, Bruyette & WoodsMarch 26, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!March 18, 2023 | americanbankingnews.comNew York Mortgage Trust (NASDAQ:NYMT) Cut to "Sell" at StockNews.comMarch 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 26, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!March 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 EstimatesDecember 29, 2022 | seekingalpha.comNew York Mortgage Trust: A Weakening Macro Picture Weighs, Shares Trending DownDecember 28, 2022 | thestreet.comNew York Mortgage Trust (NYMT) Stock Plummets on Earnings MissDecember 12, 2022 | finance.yahoo.comNew York Mortgage Trust Declares Fourth Quarter 2022 Common Stock Dividend of $0.10 Per Share, and Preferred Stock DividendsDecember 12, 2022 | finance.yahoo.comNew York Mortgage Trust Appoints Nicholas Mah as PresidentNovember 8, 2022 | finance.yahoo.comNew York Mortgage Trust Third Quarter 2022 Earnings: Misses ExpectationsNovember 5, 2022 | markets.businessinsider.comMaxim Group Keeps Their Buy Rating on New York Mortgage (NYMT)November 3, 2022 | seekingalpha.comNew York Mortgage Trust, Inc. (NYMT) Q3 2022 Earnings Call TranscriptNovember 2, 2022 | finance.yahoo.comNew York Mortgage Trust Reports Third Quarter 2022 ResultsOctober 17, 2022 | finance.yahoo.comNew York Mortgage Trust Provides Preliminary Estimates of Third Quarter 2022 Financial Results and Announces Date of Third Quarter 2022 Conference CallOctober 14, 2022 | seekingalpha.comNew York Mortgage Trust State Of MindOctober 13, 2022 | finance.yahoo.comWith 55% institutional ownership, New York Mortgage Trust, Inc. (NASDAQ:NYMT) is a favorite amongst the big gunsSeptember 23, 2022 | benzinga.comNew York Mortgage Trust Announces Repositioning Away from Multi-Family Joint Venture Equity PortfolioSeptember 23, 2022 | finance.yahoo.comNew York Mortgage Trust Announces Repositioning Away from Multi-Family Joint Venture Equity PortfolioSeptember 20, 2022 | msn.comThursday Is Your Last Chance To Buy New York Mortgage Trust Before The Dividend PayoutSeptember 18, 2022 | benzinga.comNew York Mortgage Trust Declares Third Quarter...September 16, 2022 | finance.yahoo.comNew York Mortgage Trust Declares Third Quarter 2022 Common Stock Dividend of $0.10 Per Share, and Preferred Stock DividendsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings5/03/2022Ex-Dividend for 1/26 Dividend12/23/2022Dividend Payable1/26/2023Ex-Dividend for 4/26 Dividend3/17/2023Today3/26/2023Dividend Payable4/26/2023Next Earnings (Estimated)5/02/2023Fiscal 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$13.33 High Stock Price Forecast$20.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+45.2%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($3.60) Trailing P/E RatioN/A Forward P/E Ratio15.05 P/E GrowthN/ANet Income$-298,610,000.00 Net Margins-115.56% Pretax Margin-131.63% Return on Equity-3.01% Return on Assets-0.67% Debt Debt-to-Equity Ratio2.36 Current Ratio9.77 Quick Ratio9.77 Sales & Book Value Annual Sales$258.39 million Price / Sales3.25 Cash Flow$1.23 per share Price / Cash Flow7.46 Book Value$13.60 per share Price / Book0.68Miscellaneous Outstanding Shares91,410,000Free Float90,405,000Market Cap$839.14 million OptionableOptionable Beta1.78 Key ExecutivesJason Thomas SerranoChief Executive Officer & DirectorNicholas MahPresidentNathan R. ReeseChief Operating Officer & SecretaryKristine R. Nario-EngChief Financial OfficerSteve BrannanMD & Head-Multifamily Credit AcquisitionsKey CompetitorsRedwood TrustNYSE:RWTMFA FinancialNYSE:MFAARMOUR Residential REITNYSE:ARRDynex CapitalNYSE:DXPennyMac Mortgage Investment TrustNYSE:PMTView All CompetitorsInstitutional OwnershipMetLife Investment Management LLCSold 20,805 shares on 3/23/2023Ownership: 0.198%MetLife Investment Management LLCSold 20,805 shares on 2/15/2023Ownership: 0.049%Evergreen Capital Management LLCBought 14,726 shares on 2/15/2023Ownership: 0.007%CI Private Wealth LLCBought 15,818 shares on 2/15/2023Ownership: 0.004%Centiva Capital LPBought 13,700 shares on 2/15/2023Ownership: 0.004%View All Institutional Transactions NYMT Stock - Frequently Asked Questions Should I buy or sell New York Mortgage Trust stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for New York Mortgage Trust in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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? 5 analysts have issued 1-year price objectives for New York Mortgage Trust's shares. Their NYMT share price forecasts range from $10.00 to $20.00. On average, they anticipate the company's share price to reach $13.33 in the next twelve months. This suggests a possible upside of 45.2% 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 at the start of the year. Since then, NYMT shares have decreased by 10.4% and is now trading at $9.18. 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 Tuesday, May 2nd 2023. View our NYMT earnings forecast. How were New York Mortgage Trust's earnings last quarter? New York Mortgage Trust, Inc. (NASDAQ:NYMT) posted its quarterly earnings results on Tuesday, May, 3rd. The real estate investment trust reported ($0.88) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $1.20. New York Mortgage Trust had a negative trailing twelve-month return on equity of 3.01% and a negative net margin of 115.56%. During the same quarter in the prior 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 declared a quarterly dividend on Thursday, March 9th. Stockholders 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 17.43%. The ex-dividend date 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 Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), VanEck Mortgage REIT Income ETF (MORT), WisdomTree Alternative Income Fund (HYIN), iShares Mortgage Real Estate ETF (REM), Hoya Capital High Dividend Yield ETF (RIET), Global X SuperDividend ETF (SDIV), Invesco S&P SmallCap Financials ETF (PSCF) and Vanguard S&P Small-Cap 600 Value ETF (VIOV). 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 18.41%. 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 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 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 a number of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (3.93%), Geode Capital Management LLC (1.98%), Charles Schwab Investment Management Inc. (1.21%), Clear Harbor Asset Management LLC (0.96%), Morgan Stanley (0.93%) and Mirae Asset Global Investments Co. Ltd. (0.73%). 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 $9.18. How much money does New York Mortgage Trust make? New York Mortgage Trust (NASDAQ:NYMT) has a market capitalization of $839.14 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 ($3.60) 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 3/26/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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