New York Mortgage Trust, Inc., a real estate investment trust (REIT), acquires, invests in, finances, and manages mortgage-related and residential housing-related, and financial assets in the United States. The company's investment portfolio includes residential mortgage loans, including second mortgages and loans sourced from distressed markets; non-agency residential mortgage-backed securities; multi-family commercial mortgage-backed securities; and preferred equities. It qualifies as a REIT for federal income tax purposes. The company generally would not be subject to federal income tax on that portion of its income if it distributes at least 90% of its taxable income to its stockholders. New York Mortgage Trust, Inc. was founded in 1989 and is headquartered in New York City, New York.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
SymbolNASDAQ:NYMT
CUSIP64960450
Phone212-792-0107
Debt
Debt-to-Equity Ratio14.47
Current Ratio86.93
Quick Ratio86.93
Price-To-Earnings
Trailing P/E Ratio9.08
Forward P/E Ratio24.79
P/E GrowthN/A
Sales & Book Value
Annual Sales$441.10 million
Price / Sales1.88
Cash Flow$0.8062 per share
Price / Cash7.38
Book Value$6.14 per share
Price / Book0.97
Profitability
EPS (Most Recent Fiscal Year)$0.66
Net Income$91.98 million
Net Margins24.78%
Return on Equity17.07%
Return on Assets1.03%
Miscellaneous
Employees19
Outstanding Shares139,060,000
Market Cap$845.49 million
NY Mtg Tr Inc/SH (NASDAQ:NYMT) Frequently Asked Questions
What is NY Mtg Tr Inc/SH's stock symbol?
NY Mtg Tr Inc/SH trades on the NASDAQ under the ticker symbol "NYMT."
How often does NY Mtg Tr Inc/SH pay dividends? What is the dividend yield for NY Mtg Tr Inc/SH?
NY Mtg Tr Inc/SH announced a quarterly dividend on Monday, September 17th. Investors of record on Thursday, September 27th will be given a dividend of $0.20 per share on Friday, October 26th. This represents a $0.80 dividend on an annualized basis and a yield of 13.45%. The ex-dividend date is Wednesday, September 26th. View NY Mtg Tr Inc/SH's Dividend History.
How were NY Mtg Tr Inc/SH's earnings last quarter?
NY Mtg Tr Inc/SH (NASDAQ:NYMT) issued its earnings results on Thursday, August, 2nd. The real estate investment trust reported $0.20 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.15 by $0.05. The real estate investment trust had revenue of $17.50 million for the quarter. NY Mtg Tr Inc/SH had a return on equity of 17.07% and a net margin of 24.78%. View NY Mtg Tr Inc/SH's Earnings History.
When is NY Mtg Tr Inc/SH's next earnings date?
What price target have analysts set for NYMT?
5 brokers have issued 12-month price objectives for NY Mtg Tr Inc/SH's stock. Their forecasts range from $6.00 to $6.75. On average, they anticipate NY Mtg Tr Inc/SH's share price to reach $6.25 in the next year. This suggests a possible upside of 5.0% from the stock's current price. View Analyst Price Targets for NY Mtg Tr Inc/SH.
What is the consensus analysts' recommendation for NY Mtg Tr Inc/SH?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NY Mtg Tr Inc/SH in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for NY Mtg Tr Inc/SH.
What are Wall Street analysts saying about NY Mtg Tr Inc/SH stock?
Here are some recent quotes from research analysts about NY Mtg Tr Inc/SH stock:
- 1. According to Zacks Investment Research, "New York Mortgage Trust is a real estate investment trust focused on owning and managing a leveraged portfolio of residential mortgage securities and a mortgage origination business. The mortgage portfolio is comprised largely of prime adjustable-rate and hybrid mortgage loans and securities, much of which, over time will be originated by NYMT's wholly owned mortgage origination business, The New York Mortgage Company, a taxable real estate investment trust subsidiary. " (10/9/2018)
- 2. Maxim Group analysts commented, "NYMT reported 2Q18 comprehensive income of $0.15, versus its dividend of $0.20, partly due to lower average earning assets and a low volume of distressed mortgage sales." (8/3/2018)
Who are some of NY Mtg Tr Inc/SH's key competitors?
Some companies that are related to NY Mtg Tr Inc/SH include Education Realty Trust (EDR), National Health Investors (NHI), Colony NorthStar (CLNS), Corporate Office Properties Trust (OFC), Physicians Realty Trust (DOC), The GEO Group (GEO), Colony Capital (CLNY), MFA Finl Inc/SH (MFA), Rexford Industrial Realty (REXR), Corecivic (CXW), Keppel REIT (KREVF), Stag Industrial (STAG), Brandywine Realty Trust (BDN), Empire State Realty Trust (ESRT) and Colony Credit Real Estate (CLNC).
Who are NY Mtg Tr Inc/SH's key executives?
NY Mtg Tr Inc/SH's management team includes the folowing people:
- Mr. Steven R. Mumma CPA, Chairman & CEO (Age 59)
- Ms. Kristine R. Nario, Chief Financial Officer (Age 38)
- Mr. Nathan R. Reese, COO & Sec. (Age 39)
- Emily Stiller, Controller
- Mr. Stephen L. Hogue, MD & Head of Multifamily Asset Management
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is NY Mtg Tr Inc/SH's stock price today?
One share of NYMT stock can currently be purchased for approximately $5.95.
How big of a company is NY Mtg Tr Inc/SH?
NY Mtg Tr Inc/SH has a market capitalization of $845.49 million and generates $441.10 million in revenue each year. The real estate investment trust earns $91.98 million in net income (profit) each year or $0.66 on an earnings per share basis. NY Mtg Tr Inc/SH employs 19 workers across the globe.
What is NY Mtg Tr Inc/SH's official website?
How can I contact NY Mtg Tr Inc/SH?
NY Mtg Tr Inc/SH's mailing address is 275 MADISON 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]
MarketBeat Community Rating for NY Mtg Tr Inc/SH (NASDAQ NYMT)
MarketBeat's community ratings are surveys of what our community members think about NY Mtg Tr Inc/SH and other stocks. Vote "Outperform" if you believe NYMT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NYMT will underperform the S&P 500 over the long term. You may vote once every thirty days.
