New York Mortgage Trust Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for New York Mortgage Trust in the last year. There are currently 1 sell rating, 1 hold rating 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 saw a increase in short interest in August. As of August 31st, there was short interest totaling 8,690,000 shares, an increase of 21.4% from the August 15th total of 7,160,000 shares. Based on an average trading volume of 2,770,000 shares, the short-interest ratio is currently 3.1 days. Approximately 2.3% of the company's shares are sold short.
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New York Mortgage Trust is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for New York Mortgage Trust.

New York Mortgage Trust, Inc. (NASDAQ:NYMT) announced its earnings results on Thursday, August, 5th. The real estate investment trust reported $0.11 EPS for the quarter, hitting the consensus estimate of $0.11. New York Mortgage Trust had a trailing twelve-month return on equity of 10.13% and a net margin of 148.35%.
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 (WHO). Since then, NYMT stock has decreased by 16.1% and is now trading at $4.37.
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New York Mortgage Trust announced a quarterly dividend on Monday, September 13th. Shareholders of record on Thursday, September 23rd will be paid a dividend of $0.10 per share on Monday, October 25th. This represents a $0.40 annualized dividend and a yield of 9.15%. The ex-dividend date of this dividend is Wednesday, September 22nd.
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 9.28%. 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.

4 brokers have issued twelve-month price objectives for New York Mortgage Trust's shares. Their forecasts range from $4.50 to $6.00. On average, they expect New York Mortgage Trust's stock price to reach $5.00 in the next twelve months. This suggests a possible upside of 14.4% from the stock's current price.
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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), Chimera Investment (CIM), Apollo Commercial Real Estate Finance (ARI), Two Harbors Investment (TWO), MFA Financial (MFA), PennyMac Mortgage Investment Trust (PMT), Redwood Trust (RWT), Ready Capital (RC), Invesco Mortgage Capital (IVR), ARMOUR Residential REIT (ARR), Ares Commercial Real Estate (ACRE), 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 a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (18.22%), Vanguard Group Inc. (6.56%), State Street Corp (3.42%), Geode Capital Management LLC (1.77%), Northern Trust Corp (1.14%) and Bank of New York Mellon Corp (0.99%). 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 BlackRock Inc., Advisors Asset Management Inc., Bank of America Corp DE, Citadel Advisors LLC, Legal & General Group Plc, Bank of New York Mellon Corp, Credit Suisse AG, and Millennium Management LLC.
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 Invesco Ltd., Connor Clark & Lunn Investment Management Ltd., Renaissance Technologies LLC, JPMorgan Chase & Co., State Street Corp, Simplex Trading LLC, Vanguard Group Inc., and Healthcare of Ontario Pension Plan Trust Fund. 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 $4.37.

New York Mortgage Trust has a market capitalization of $1.66 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 57 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]