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S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
The Day of Financial Reckoning Is Near (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
The Day of Financial Reckoning Is Near (Ad)
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Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
The Day of Financial Reckoning Is Near (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
The Day of Financial Reckoning Is Near (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
The Day of Financial Reckoning Is Near (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
The Day of Financial Reckoning Is Near (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
The Day of Financial Reckoning Is Near (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
The Day of Financial Reckoning Is Near (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
The Day of Financial Reckoning Is Near (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric

New York Mortgage Trust - NYMT Stock Forecast, Price & News

$3.02
-0.03 (-0.98%)
(As of 08/18/2022 12:00 AM ET)
Add
Compare
Today's Range
$3.02
$3.07
50-Day Range
$2.27
$3.19
52-Week Range
$2.24
$4.50
Volume
2.34 million shs
Average Volume
3.57 million shs
Market Capitalization
$1.15 billion
P/E Ratio
N/A
Dividend Yield
13.11%
Price Target
$3.71

New York Mortgage Trust MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
22.8% Upside
$3.71 Price Target
Short Interest
Bearish
6.38% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.61mentions of New York Mortgage Trust in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.34) to $0.21 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.82 out of 5 stars

Finance Sector

756th out of 914 stocks

Real Estate Investment Trusts Industry

147th out of 195 stocks

NYMT stock logo

About New York Mortgage Trust (NASDAQ:NYMT) Stock

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.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on NYMT shares. StockNews.com downgraded New York Mortgage Trust from a "hold" rating to a "sell" rating in a research note on Tuesday, May 10th. Jonestrading decreased their price target on New York Mortgage Trust from $4.25 to $4.00 and set a "buy" rating on the stock in a research note on Thursday, August 4th. Credit Suisse Group decreased their price target on New York Mortgage Trust to $3.50 in a research note on Friday, July 22nd. Barclays decreased their price target on New York Mortgage Trust from $3.50 to $3.00 and set an "equal weight" rating on the stock in a research note on Monday, July 18th. Finally, TheStreet downgraded New York Mortgage Trust from a "c-" rating to a "d+" rating in a research note on Wednesday, August 3rd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, New York Mortgage Trust presently has an average rating of "Hold" and a consensus target price of $3.71.

New York Mortgage Trust Price Performance

NYMT remained flat at $3.05 during trading on Thursday. The company's stock had a trading volume of 51,841 shares, compared to its average volume of 2,401,743. The stock's 50-day moving average price is $2.84 and its 200 day moving average price is $3.21. The company has a debt-to-equity ratio of 2.30, a quick ratio of 3.87 and a current ratio of 3.87. New York Mortgage Trust has a one year low of $2.24 and a one year high of $4.50.

New York Mortgage Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 25th. Stockholders of record on Monday, June 27th were given a $0.10 dividend. The ex-dividend date of this dividend was Friday, June 24th. This represents a $0.40 annualized dividend and a dividend yield of 13.11%. New York Mortgage Trust's dividend payout ratio is currently -142.85%.

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NYMT Stock News Headlines

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New York Mortgage Trust Inc - Stock Quote NYMT
New York Mortgage Trust Q1 2022 Earnings Preview
New York Mortgage Trust Earnings Preview
Expert Ratings for New York Mortgage Trust
New York Mortgage Trust declares $0.10 dividend
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NYMT Company Calendar

Last Earnings
5/03/2022
Ex-Dividend for 7/25 Dividend
6/24/2022
Dividend Payable
7/25/2022
Today
8/18/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
Sector
Finance
Current Symbol
NASDAQ:NYMT
CUSIP
64960450
Employees
64
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$3.71
High Stock Price Forecast
$5.00
Low Stock Price Forecast
$3.00
Forecasted Upside/Downside
+22.8%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$193.20 million
Pretax Margin
-39.38%

Debt

Sales & Book Value

Annual Sales
$206.87 million
Cash Flow
$0.63 per share
Book Value
$4.17 per share

Miscellaneous

Free Float
377,055,000
Market Cap
$1.15 billion
Optionable
Optionable
Beta
1.70

Key Executives

  • Mr. Steven R. Mumma CPA (Age 63)
    Exec. Chairman
    Comp: $2.21M
  • Mr. Jason T. Serrano (Age 47)
    Pres, CEO & Director
    Comp: $1.89M
  • Ms. Kristine R. Nario-Eng Eng. (Age 42)
    CPA, CFO & Principal Accounting Officer
    Comp: $962.92k
  • Mr. Nathan R. Reese (Age 43)
    COO & Sec.
    Comp: $804.21k
  • Mr. Stephen L. Hogue (Age 55)
    Managing Director
  • Mr. Steven B. Brannan (Age 42)
    Managing Director
  • Mr. Chris Cutter (Age 38)
    Sr. VP of Product
  • Mr. Nicholas Mah
    Managing Director
  • Emily Stiller
    Controller













NYMT Stock - Frequently Asked Questions

Should I buy or sell New York Mortgage Trust stock right now?

5 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, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NYMT shares. 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 NYMT analyst ratings
or view top-rated stocks.

What is New York Mortgage Trust's stock price forecast for 2022?

5 analysts have issued 1-year target prices for New York Mortgage Trust's stock. Their NYMT share price forecasts range from $3.00 to $5.00. On average, they anticipate the company's share price to reach $3.71 in the next twelve months. This suggests a possible upside of 22.4% from the stock's current price.
View analysts price targets for NYMT
or view top-rated stocks among Wall Street analysts.

How have NYMT shares performed in 2022?

New York Mortgage Trust's stock was trading at $3.72 at the start of the year. Since then, NYMT shares have decreased by 18.5% and is now trading at $3.03.
View the best growth stocks for 2022 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our NYMT earnings forecast
.

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

New York Mortgage Trust, Inc. (NASDAQ:NYMT) issued its earnings results on Tuesday, May, 3rd. The real estate investment trust reported ($0.22) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by $0.30. New York Mortgage Trust had a negative net margin of 25.09% and a positive trailing twelve-month return on equity of 3.54%. During the same period last year, the firm posted $0.11 earnings per share.

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

New York Mortgage Trust announced a quarterly dividend on Friday, June 17th. Investors of record on Monday, June 27th will be given a dividend of $0.10 per share on Monday, July 25th. This represents a $0.40 annualized dividend and a yield of 13.20%. The ex-dividend date of this dividend is Friday, June 24th.
Read our dividend analysis for NYMT
.

Is New York Mortgage Trust a good dividend stock?

New York Mortgage Trust (NASDAQ:NYMT) pays an annual dividend of $0.40 per share and currently has a dividend yield of 12.94%. NYMT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for NYMT.

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

3 employees have rated New York Mortgage Trust Chief Executive Officer Steven R. Mumma on Glassdoor.com. Steven R. Mumma has an approval rating of 70% among the company's employees.

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 a variety of institutional and retail investors. Top institutional investors include State Street Corp (3.86%), Allspring Global Investments Holdings LLC (3.70%), Northern Trust Corp (1.12%), Clear Harbor Asset Management LLC (0.82%), EMG Holdings L.P. (0.62%) and Principal Financial Group Inc. (0.62%). Insiders that own company stock include Jason T Serrano, Kristine Rimando Nario-Eng, Nathan R Reese and Steven R Mumma.
View institutional ownership trends
.

How do I buy shares of New York Mortgage Trust?

Shares of NYMT stock 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 $3.03.

How much money does New York Mortgage Trust make?

New York Mortgage Trust (NASDAQ:NYMT) has a market capitalization of $1.16 billion and generates $206.87 million in revenue each year. The real estate investment trust earns $193.20 million in net income (profit) each year or ($0.28) on an earnings per share basis.

How can I contact New York Mortgage Trust?

New York Mortgage Trust's mailing address is 90 Park Avenue, New York NY, 10016. The official website for the company is www.nymtrust.com. The real estate investment trust can be reached via phone at (212) 792-0107, via email at investorrelations@nymtrust.com, or via fax at 212-634-9428.

This page (NASDAQ:NYMT) was last updated on 8/19/2022 by MarketBeat.com Staff

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