NASDAQ:NYMT - NY Mtg Tr Inc/SH Stock Price, News, & Analysis

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$5.95 -0.04 (-0.67 %)
(As of 10/18/2018 02:55 PM ET)
Previous Close$5.99
Today's Range$5.94 - $6.01
52-Week Range$5.35 - $6.54
Volume53,890 shs
Average Volume1.45 million shs
Market Capitalization$845.49 million
P/E Ratio9.08
Dividend Yield13.58%
Beta1.11
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.

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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?

NY Mtg Tr Inc/SH is scheduled to release their next quarterly earnings announcement on Thursday, November 1st 2018. View Earnings Estimates for NY Mtg Tr Inc/SH.

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?

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?

The official website for NY Mtg Tr Inc/SH is http://www.nymtrust.com.

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  203 (Vote Outperform)
Underperform Votes:  292 (Vote Underperform)
Total Votes:  495
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.
This page was last updated on 10/18/2018 by MarketBeat.com Staff

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