NASDAQ:NYMT NY MTG TR INC/SH Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding NY MTG TR INC/SH Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $2.66 +0.03 (+1.14 %) (As of 09/22/2020 12:50 PM ET) Add Compare Share Today's Range$2.64Now: $2.66▼$2.6950-Day Range$2.47MA: $2.67▼$2.8652-Week Range$0.98Now: $2.66▼$6.47Volume56,391 shsAverage Volume9.55 million shsMarket Capitalization$1.00 billionP/E RatioN/ADividend Yield7.43%Beta1.83 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related and residential housing-related assets in the United States. Its investment portfolio includes structured multi-family property investments, such as multi-family commercial mortgage-backed securities and preferred equity in, and mezzanine loans to owners of multi-family properties; residential mortgage loans, including distressed residential mortgage loans, non- qualified mortgage loans, second mortgages, and other residential mortgage loans; non-agency residential mortgage-backed securities (RMBS); agency RMBS; and other mortgage-related and residential housing-related assets. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. New York Mortgage Trust, Inc. was incorporated in 2003 and is headquartered in New York, New York.Read More Beat the Market (BTM) Rank™ 3.1 Analyst's Opinion Consensus RatingNY MTG TR INC/SH has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.96, NY MTG TR INC/SH has a forecasted upside of 87.1% from its current price of $2.65.Amount of Analyst CoverageNY MTG TR INC/SH has only been the subject of 2 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesNY MTG TR INC/SH has received 318 “outperform” votes. (Add your “outperform” vote.)Underperform VotesNY MTG TR INC/SH has received 407 “underperform” votes. (Add your “underperform” vote.)Community SentimentNY MTG TR INC/SH has received 56.14% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipNY MTG TR INC/SH is a leading dividend payer. It pays a dividend yield of 7.43%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNY MTG TR INC/SH has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of NY MTG TR INC/SH is 31.25%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, NY MTG TR INC/SH will have a dividend payout ratio of 40.00% next year. This indicates that NY MTG TR INC/SH will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NY MTG TR INC/SH insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.60% of the stock of NY MTG TR INC/SH is held by insiders.Percentage Held by Institutions53.05% of the stock of NY MTG TR INC/SH is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for NY MTG TR INC/SH are expected to grow in the coming year, from ($1.34) to $0.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NY MTG TR INC/SH is -2.45, 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 NY MTG TR INC/SH is -2.45, 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 RatioNY MTG TR INC/SH has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.19 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Real estate investment trusts Sub-IndustryMortgage REITs SectorFinance Current SymbolNASDAQ:NYMT Previous Symbol CUSIP64960450 CIK1273685 Webwww.nymtrust.com Phone212-792-0107Debt Debt-to-Equity Ratio1.43 Current Ratio42.01 Quick Ratio42.01Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$694.61 million Price / Sales1.45 Cash Flow$0.37 per share Price / Cash Flow7.15 Book Value$5.22 per share Price / Book0.51Profitability EPS (Most Recent Fiscal Year)$0.64 Net Income$173.74 million Net Margins23.67% Return on Equity-27.89% Return on Assets-3.39%Miscellaneous Employees36 Outstanding Shares377,744,000Market Cap$1.00 billion Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $2.66 +0.03 (+1.14 %) (As of 09/22/2020 12:50 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive NYMT News and Ratings via Email Sign-up to receive the latest news and ratings for NYMT and its competitors with MarketBeat's FREE daily newsletter. NY MTG TR INC/SH (NASDAQ:NYMT) Frequently Asked Questions How has NY MTG TR INC/SH's stock been impacted by COVID-19? NY MTG TR INC/SH's stock was trading at $5.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, NYMT shares have decreased by 48.9% and is now trading at $2.66. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of NY MTG TR INC/SH? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NY MTG TR INC/SH in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for NY MTG TR INC/SH. When is NY MTG TR INC/SH's next earnings date? NY MTG TR INC/SH is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020. View our earnings forecast for NY MTG TR INC/SH. How were NY MTG TR INC/SH's earnings last quarter? NY MTG TR INC/SH (NASDAQ:NYMT) announced its earnings results on Wednesday, August, 5th. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.03 by $0.25. NY MTG TR INC/SH had a net margin of 23.67% and a negative return on equity of 27.89%. View NY MTG TR INC/SH's earnings history. 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 declared a quarterly dividend on Monday, September 14th. Shareholders of record on Thursday, September 24th will be given a dividend of $0.075 per share on Monday, October 26th. This represents a $0.30 annualized dividend and a dividend yield of 11.28%. The ex-dividend date is Wednesday, September 23rd. This is a boost from NY MTG TR INC/SH's previous quarterly dividend of $0.05. View NY MTG TR INC/SH's dividend history. What price target have analysts set for NYMT? 7 Wall Street analysts have issued 1-year price objectives for NY MTG TR INC/SH's stock. Their forecasts range from $2.50 to $7.00. On average, they expect NY MTG TR INC/SH's stock price to reach $4.96 in the next year. This suggests a possible upside of 86.4% from the stock's current price. View analysts' price targets for NY MTG TR INC/SH. Are investors shorting NY MTG TR INC/SH? NY MTG TR INC/SH saw a increase in short interest in August. As of August 31st, there was short interest totaling 10,690,000 shares, an increase of 37.4% from the August 15th total of 7,780,000 shares. Based on an average daily volume of 4,690,000 shares, the days-to-cover ratio is currently 2.3 days. View NY MTG TR INC/SH's Short Interest. Who are some of NY MTG TR INC/SH's key competitors? Some companies that are related to NY MTG TR INC/SH include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), CHIMERA INVT CO/SH NEW (CIM), PennyMac Mortgage Investment Trust (PMT), Two Harbors Investment (TWO), Apollo Commercial Real Est. Finance (ARI), MFA FINL INC/SH (MFA), Colony Capital (CLNY), Redwood Trust (RWT), Ready Capital (RC), ARMOUR Residential REIT (ARR), CAPSTEAD MTG CO/SH (CMO), Invesco Mortgage Capital (IVR) and Dynex Capital (DX). View all competitors. What other stocks do shareholders of NY MTG TR INC/SH own? Based on aggregate information from My MarketBeat watchlists, some companies that other NY MTG TR INC/SH investors own include New Residential Investment (NRZ), Two Harbors Investment (TWO), Energy Transfer LP Unit (ET), CBL & Associates Properties (CBL), NGL Energy Partners (NGL), Orchid Island Capital (ORC), Washington Prime Group (WPG), ANNALY CAP MGMT/SH (NLY), Western Asset Mortgage Capital (WMC) and Golar LNG Partners (GMLP). Who are NY MTG TR INC/SH's key executives? NY MTG TR INC/SH's management team includes the following people: Mr. Steven R. Mumma CPA, Chairman & CEO (Age 60)Ms. Kristine R. Nario, Chief Financial Officer (Age 39)Mr. Nathan R. Reese, COO & Sec. (Age 40)Mr. Jason T. Serrano, Pres & DirectorEmily Stiller, Controller What is NY MTG TR INC/SH's stock symbol? NY MTG TR INC/SH trades on the NASDAQ under the ticker symbol "NYMT." Who are NY MTG TR INC/SH's major shareholders? NY MTG TR INC/SH's stock is owned by a variety of institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (1.02%), LSV Asset Management (0.82%), California Public Employees Retirement System (0.22%), New York State Common Retirement Fund (0.08%), American International Group Inc. (0.07%) and SG Americas Securities LLC (0.06%). Company insiders that own NY MTG TR INC/SH stock include Alan L Hainey, Jason T Serrano, Kristine Rimando Nario-Eng, Nathan R Reese and Steven R Mumma. View institutional ownership trends for NY MTG TR INC/SH. Which major investors are selling NY MTG TR INC/SH stock? NYMT stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Bank of New York Mellon Corp, Janney Montgomery Scott LLC, and Amalgamated Bank. View insider buying and selling activity for NY MTG TR INC/SH. Which major investors are buying NY MTG TR INC/SH stock? NYMT stock was acquired by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, SG Americas Securities LLC, Nisa Investment Advisors LLC, Teza Capital Management LLC, New York State Common Retirement Fund, American International Group Inc., Prime Capital Investment Advisors LLC, and Oregon Public Employees Retirement Fund. Company insiders that have bought NY MTG TR INC/SH 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 NY MTG TR INC/SH. 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, Robinhood, 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 $2.66. How big of a company is NY MTG TR INC/SH? NY MTG TR INC/SH has a market capitalization of $1.00 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. NY MTG TR INC/SH employs 36 workers across the globe. What is NY MTG TR INC/SH's official website? The official website for NY MTG TR INC/SH is www.nymtrust.com. How can I contact NY MTG TR INC/SH? NY MTG TR INC/SH'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] This page was last updated on 9/22/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 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. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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