New York Mortgage Trust Stock Forecast, Price & News

7 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 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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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New York Mortgage Trust is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for New York Mortgage Trust.

New York Mortgage Trust will be holding an earnings conference call on Thursday, May 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

New York Mortgage Trust, Inc. (NASDAQ:NYMT) announced its quarterly earnings results on Wednesday, February, 24th. The real estate investment trust reported $0.18 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.09.
View New York Mortgage Trust's earnings history.

New York Mortgage Trust's stock was trading at $5.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NYMT stock has decreased by 14.4% and is now trading at $4.46.
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New York Mortgage Trust declared a quarterly dividend on Monday, March 15th. Stockholders of record on Thursday, March 25th will be paid a dividend of $0.10 per share on Monday, April 26th. This represents a $0.40 dividend on an annualized basis and a yield of 8.97%. The ex-dividend date is Wednesday, March 24th.
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 9.01%. NYMT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. New York Mortgage Trust does not yet have a strock track record of dividend growth. The dividend payout ratio of New York Mortgage Trust is 62.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, New York Mortgage Trust will have a dividend payout ratio of 64.52% next year. This indicates that New York Mortgage Trust will be able to sustain or increase its dividend.
View New York Mortgage Trust's dividend history.

7 analysts have issued 1 year target prices for New York Mortgage Trust's shares. Their forecasts range from $2.50 to $4.50. On average, they expect New York Mortgage Trust's share price to reach $3.50 in the next year. This suggests that the stock has a possible downside of 21.5%.
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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), Two Harbors Investment (TWO), MFA Financial (MFA), PennyMac Mortgage Investment Trust (PMT), Redwood Trust (RWT), Invesco Mortgage Capital (IVR), ARMOUR Residential REIT (ARR), Ready Capital (RC), Capstead Mortgage (CMO) and Dynex Capital (DX).
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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 institutional and retail investors. Top institutional investors include New York State Teachers Retirement System (0.14%), State of Alaska Department of Revenue (0.07%), Oregon Public Employees Retirement Fund (0.04%), Everence Capital Management Inc. (0.02%), Private Wealth Strategies L.L.C. (0.01%) and Veriti Management LLC (0.01%). Company insiders that own New York Mortgage Trust stock include Alan L Hainey, 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 State of Alaska Department of Revenue, Clear Street Markets LLC, and New York State Teachers Retirement System.
View insider buying and selling activity for New York Mortgage Trust or view top insider-selling stocks.

NYMT stock was bought by a variety of institutional investors in the last quarter, including Everence Capital Management Inc., Private Wealth Strategies L.L.C., Oregon Public Employees Retirement Fund, and Veriti 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 $4.46.

New York Mortgage Trust has a market capitalization of $1.69 billion 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.

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]