NASDAQ:NYMT

New York Mortgage Trust Stock Forecast, Price & News

$4.72
+0.08 (+1.72 %)
(As of 06/16/2021 12:00 AM ET)
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Today's Range
$4.65
$4.74
50-Day Range
$4.28
$4.82
52-Week Range
$2.26
$4.93
Volume2.85 million shs
Average Volume3.32 million shs
Market Capitalization$1.79 billion
P/E Ratio5.90
Dividend Yield8.62%
Beta1.94
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New York Mortgage Trust logo

About New York Mortgage Trust

New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, second mortgages, and business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties, as well as joint venture equity investments in multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); and other mortgage, residential housing, and credit-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. The company was incorporated in 2003 and is headquartered in New York, New York.

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MarketRank

Overall MarketRank

1.95 out of 5 stars

Finance Sector

239th out of 1,977 stocks

Real Estate Investment Trusts Industry

52nd out of 275 stocks

Analyst Opinion: 1.1Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 3.1 5 -4 -3 -2 -1 -
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New York Mortgage Trust (NASDAQ:NYMT) Frequently Asked Questions

Is New York Mortgage Trust a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for New York Mortgage Trust in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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.

What stocks does MarketBeat like better than New York Mortgage Trust?

Wall Street analysts have given New York Mortgage Trust a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but New York Mortgage Trust wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting New York Mortgage Trust?

New York Mortgage Trust saw a increase in short interest in the month of May. As of May 14th, there was short interest totaling 11,430,000 shares, an increase of 26.0% from the April 29th total of 9,070,000 shares. Based on an average daily trading volume, of 3,380,000 shares, the short-interest ratio is currently 3.4 days.
View New York Mortgage Trust's Short Interest
.

When is New York Mortgage Trust's next earnings date?

New York Mortgage Trust is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for New York Mortgage Trust
.

How were New York Mortgage Trust's earnings last quarter?

New York Mortgage Trust, Inc. (NASDAQ:NYMT) posted its earnings results on Thursday, May, 6th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11. New York Mortgage Trust had a net margin of 97.46% and a trailing twelve-month return on equity of 9.41%.
View New York Mortgage Trust's earnings history
.

How has New York Mortgage Trust's stock price been impacted by Coronavirus (COVID-19)?

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. Since then, NYMT shares have decreased by 9.4% and is now trading at $4.72.
View which stocks have been most impacted by COVID-19
.

How often does New York Mortgage Trust pay dividends? What is the dividend yield for New York Mortgage Trust?

New York Mortgage Trust declared a quarterly dividend on Monday, June 14th. Investors of record on Thursday, June 24th will be given a dividend of $0.10 per share on Monday, July 26th. This represents a $0.40 dividend on an annualized basis and a yield of 8.47%. The ex-dividend date of this dividend is Wednesday, June 23rd.
View New York Mortgage Trust's dividend history
.

Is New York Mortgage Trust a good dividend stock?

New York Mortgage Trust pays an annual dividend of $0.40 per share and currently has a dividend yield of 8.62%. 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.

What price target have analysts set for NYMT?

6 equities research analysts have issued 12-month price objectives for New York Mortgage Trust's stock. Their forecasts range from $2.50 to $6.00. On average, they expect New York Mortgage Trust's stock price to reach $4.38 in the next twelve months. This suggests that the stock has a possible downside of 7.3%.
View analysts' price targets for New York Mortgage Trust
or view top-rated stocks among Wall Street analysts.

Who are New York Mortgage Trust's key executives?

New York Mortgage Trust's management team includes the following people:
  • Mr. Steven R. Mumma CPA, Chairman & CEO (Age 62, Pay $2.19M)
  • Mr. Jason T. Serrano, Pres & Director (Age 46, Pay $1.79M)
  • Ms. Kristine R. Nario-Eng Eng., CPA, CFO & Principal Accounting Officer (Age 41, Pay $770.34k)
  • Mr. Nathan R. Reese, COO & Sec. (Age 42, Pay $774.15k)
  • Mr. Stephen L. Hogue, MD & Head of Multifamily Asset Management
  • Mr. Steven B. Brannan, MD & Head of Multifamily Credit Acquisitions (Age 41)
  • Mr. Chris Cutter, Sr. VP of Product (Age 37)
  • Emily Stiller, Controller

What is Steven R. Mumma's approval rating as New York Mortgage Trust's CEO?

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.

Who are some of New York Mortgage Trust's key competitors?

What other stocks do shareholders of New York Mortgage Trust own?

What is New York Mortgage Trust's stock symbol?

New York Mortgage Trust trades on the NASDAQ under the ticker symbol "NYMT."

Who are New York Mortgage Trust's major shareholders?

New York Mortgage Trust's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (18.55%), Geode Capital Management LLC (1.67%), Northern Trust Corp (1.16%), Bank of New York Mellon Corp (1.05%), Credit Suisse AG (0.78%) and Principal Financial Group Inc. (0.70%). 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
.

Which major investors are selling New York Mortgage Trust stock?

NYMT stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, EJF Capital LLC, Royal Bank of Canada, Russell Investments Group Ltd., Northern Trust Corp, Advisors Asset Management Inc., SG Americas Securities LLC, and Van ECK Associates Corp.
View insider buying and selling activity for New York Mortgage Trust
or view top insider-selling stocks.

Which major investors are buying New York Mortgage Trust stock?

NYMT stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Arrowstreet Capital Limited Partnership, Healthcare of Ontario Pension Plan Trust Fund, Goldman Sachs Group Inc., Q Global Advisors LLC, JPMorgan Chase & Co., Great Lakes Advisors LLC, and Geode Capital Management LLC. 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.

How do I buy shares of New York Mortgage Trust?

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.
Compare Top Brokerages Here.

What is New York Mortgage Trust's stock price today?

One share of NYMT stock can currently be purchased for approximately $4.72.

How much money does New York Mortgage Trust make?

New York Mortgage Trust has a market capitalization of $1.79 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.

How many employees does New York Mortgage Trust have?

New York Mortgage Trust employs 56 workers across the globe.

What is New York Mortgage Trust's official website?

The official website for New York Mortgage Trust is www.nymtrust.com.

Where are New York Mortgage Trust's headquarters?

New York Mortgage Trust is headquartered at 90 Park Avenue, New York NY, 10016.

How can I contact New York Mortgage Trust?

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]


This page was last updated on 6/16/2021 by MarketBeat.com Staff
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