New York Mortgage Trust Stock Forecast, Price & News

6 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 1 sell rating, 3 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.
View analyst ratings for New York Mortgage Trust or view top-rated stocks.

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New York Mortgage Trust is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for New York Mortgage Trust.

New York Mortgage Trust will be holding an earnings conference call on Friday, August 6th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 855-859-2056 with passcode "8337948".

New York Mortgage Trust, Inc. (NASDAQ:NYMT) posted its quarterly earnings results on Thursday, May, 6th. The real estate investment trust reported $0.11 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.11. New York Mortgage Trust had a trailing twelve-month return on equity of 9.41% and a net margin of 97.46%.
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 reached pandemic status according to the World Health Organization (WHO). Since then, NYMT shares have decreased by 15.5% and is now trading at $4.40.
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New York Mortgage Trust announced a quarterly dividend on Monday, June 14th. Shareholders of record on Thursday, June 24th will be paid a dividend of $0.10 per share on Monday, July 26th. This represents a $0.40 annualized dividend and a dividend yield of 9.09%. The ex-dividend date is Wednesday, June 23rd.
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 9.07%. 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.

6 Wall Street analysts have issued twelve-month target prices for New York Mortgage Trust's stock. Their forecasts range from $2.50 to $6.00. On average, they anticipate New York Mortgage Trust's share price to reach $4.38 in the next year. This suggests that the stock has a possible downside of 0.6%.
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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), MFA Financial (MFA), PennyMac Mortgage Investment Trust (PMT), Two Harbors Investment (TWO), 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).
View all of NYMT's competitors.

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 State of Alaska Department of Revenue (0.07%) and XR Securities LLC (0.00%). 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 purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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 $4.40.

New York Mortgage Trust has a market capitalization of $1.67 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]