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; distressed residential assets comprising residential mortgage loans sourced from distressed markets and 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 founded in 2003 and is headquartered in New York City, New York.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
Phone212-792-0107
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$522.28 million
Profitability
Miscellaneous
Employees36
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable
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 declared a quarterly dividend on Tuesday, March 19th. Shareholders of record on Friday, March 29th will be paid a dividend of $0.20 per share on Thursday, April 25th. This represents a $0.80 annualized dividend and a yield of 13.14%. The ex-dividend date is Thursday, March 28th. 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) posted its quarterly earnings results on Thursday, February, 21st. The real estate investment trust reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.15 by $0.13. The real estate investment trust earned $21.87 million during the quarter, compared to analyst estimates of $19.90 million. NY MTG TR INC/SH had a net margin of 20.71% and a return on equity of 13.29%. View NY MTG TR INC/SH's Earnings History.
When is NY MTG TR INC/SH's next earnings date?
What price target have analysts set for NYMT?
4 brokers have issued 1-year target prices for NY MTG TR INC/SH's shares. Their predictions range from $5.00 to $6.75. On average, they anticipate NY MTG TR INC/SH's stock price to reach $5.8750 in the next year. This suggests that the stock has a possible downside of 3.5%. View Analyst Price Targets for NY MTG TR INC/SH.
What is the consensus analysts' recommendation for NY MTG TR INC/SH?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NY MTG TR INC/SH in the last year. There are currently 1 sell rating, 2 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. " (1/15/2019)
- 2. Maxim Group analysts commented, "NYMT reported 3Q18 comprehensive income of $0.14, versus its dividend of $0.20, partly due to an intra-quarter common equity raise and lower average earning assets. Strong originations drove period-end earning assets up; combined with a solid 4Q18 pipeline and the new equity, this should position NYMT well for 4Q18 and 2019." (11/6/2018)
Has NY MTG TR INC/SH been receiving favorable news coverage?
News articles about NYMT stock have been trending positive recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. NY MTG TR INC/SH earned a coverage optimism score of 2.1 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future.
Who are some of NY MTG TR INC/SH's key competitors?
Some companies that are related to NY MTG TR INC/SH include AmeriCold Realty Trust (COLD), Life Storage (LSI), First Industrial Realty Trust (FR), Blackstone Mortgage Trust (BXMT), Hospitality Properties Trust (HPT), Ryman Hospitality Properties (RHP), PS Business Parks (PSB), Cousins Properties (CUZ), Pebblebrook Hotel Trust (PEB), Eastgroup Properties (EGP), Healthcare Realty Trust (HR), Equity Commonwealth (EQC), Rayonier (RYN), CoreSite Realty (COR) and Weingarten Realty Investors (WRI).
What other stocks do shareholders of NY MTG TR INC/SH own?
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 60)
- Ms. Kristine R. Nario, Chief Financial Officer (Age 39)
- Mr. Nathan R. Reese, COO & Sec. (Age 40)
- Mr. Jason T. Serrano, Pres
- Emily Stiller, Controller
Who are NY MTG TR INC/SH's major shareholders?
NY MTG TR INC/SH's stock is owned by many different of retail and institutional investors. Top institutional shareholders include LSV Asset Management (2.28%), Bank of New York Mellon Corp (1.13%), Geode Capital Management LLC (1.09%), Geode Capital Management LLC (1.09%), Van ECK Associates Corp (0.47%) and Rhumbline Advisers (0.28%). 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 MetLife Investment Advisors LLC, California Public Employees Retirement System and Prime Capital Investment Advisors LLC. View Insider Buying and Selling for NY MTG TR INC/SH.
Which major investors are buying NY MTG TR INC/SH stock?
NYMT stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Geode Capital Management LLC, Geode Capital Management LLC, SG Americas Securities LLC, Bank of New York Mellon Corp, Rhumbline Advisers, LSV Asset Management and Nisa Investment Advisors LLC. View Insider Buying and Selling 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, 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 $6.09.
How big of a company is NY MTG TR INC/SH?
NY MTG TR INC/SH has a market capitalization of $1.13 billion and generates $522.28 million in revenue each year. The real estate investment trust earns $102.89 million in net income (profit) each year or $0.86 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?
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)
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.
