NASDAQ:NYMT

New York Mortgage Trust Stock Forecast, Price & News

$4.46
+0.02 (+0.45 %)
(As of 04/22/2021 12:00 AM ET)
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Today's Range
$4.46
Now: $4.46
$4.58
50-Day Range
$4.23
MA: $4.51
$4.70
52-Week Range
$1.51
Now: $4.46
$4.78
Volume3.52 million shs
Average Volume3.49 million shs
Market Capitalization$1.69 billion
P/E RatioN/A
Dividend Yield9.01%
Beta2
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.
New York Mortgage Trust logo

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
Current SymbolNASDAQ:NYMT
CUSIP64960450
Phone212-792-0107
Employees56
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$694.61 million
Cash Flow$0.44 per share
Book Value$5.22 per share

Profitability

Net Income$173.74 million

Miscellaneous

Market Cap$1.69 billion
Next Earnings Date5/6/2021 (Confirmed)
OptionableOptionable

Headlines

Recap: New York Mortgage Trust Q4 Earnings
February 24, 2021 |  benzinga.com
Is NYMT A Good Stock To Buy Now?
December 17, 2020 |  finance.yahoo.com
Ex-Dividend Date Insight: New York Mortgage Trust
December 15, 2020 |  finance.yahoo.com
New York Mortgage Trust: Great Cities Survive Anything
November 30, 2020 |  seekingalpha.com
See More Headlines

MarketRank

Overall MarketRank

1.75 out of 5 stars

Finance Sector

374th out of 1,947 stocks

Real Estate Investment Trusts Industry

89th out of 274 stocks

Analyst Opinion: 1.1Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -
$4.46
+0.02 (+0.45 %)
(As of 04/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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New York Mortgage Trust (NASDAQ:NYMT) Frequently Asked Questions

Is New York Mortgage Trust a buy right now?

7 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 5 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.

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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but New York Mortgage Trust wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

New York Mortgage Trust is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for New York Mortgage Trust
.

How can I listen to New York Mortgage Trust's earnings call?

New York Mortgage Trust will be holding an earnings conference call on Thursday, May 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

New York Mortgage Trust, Inc. (NASDAQ:NYMT) announced its quarterly earnings results on Wednesday, February, 24th. The real estate investment trust reported $0.18 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.09.
View New York Mortgage Trust's earnings history
.

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

New York Mortgage Trust's stock was trading at $5.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NYMT stock has decreased by 14.4% and is now trading at $4.46.
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, March 15th. Stockholders of record on Thursday, March 25th will be paid a dividend of $0.10 per share on Monday, April 26th. This represents a $0.40 dividend on an annualized basis and a yield of 8.97%. The ex-dividend date is Wednesday, March 24th.
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 9.01%. NYMT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. New York Mortgage Trust does not yet have a strock track record of dividend growth. The dividend payout ratio of New York Mortgage Trust is 62.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, New York Mortgage Trust will have a dividend payout ratio of 64.52% next year. This indicates that New York Mortgage Trust will be able to sustain or increase its dividend.
View New York Mortgage Trust's dividend history.

What price target have analysts set for NYMT?

7 analysts have issued 1 year target prices for New York Mortgage Trust's shares. Their forecasts range from $2.50 to $4.50. On average, they expect New York Mortgage Trust's share price to reach $3.50 in the next year. This suggests that the stock has a possible downside of 21.5%.
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., CPA, Acting Principal Financial Officer & 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 institutional and retail investors. Top institutional investors include New York State Teachers Retirement System (0.14%), State of Alaska Department of Revenue (0.07%), Oregon Public Employees Retirement Fund (0.04%), Everence Capital Management Inc. (0.02%), Private Wealth Strategies L.L.C. (0.01%) and Veriti Management LLC (0.01%). Company insiders that own New York Mortgage Trust stock include Alan L Hainey, Jason T Serrano, Kristine Rimando Nario-Eng, Nathan R Reese and Steven R Mumma.
View institutional ownership trends for New York Mortgage Trust
.

Which institutional investors are selling New York Mortgage Trust stock?

NYMT stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Clear Street Markets LLC, and New York State Teachers Retirement System.
View insider buying and selling activity for New York Mortgage Trust
or view top insider-selling stocks.

Which institutional investors are buying New York Mortgage Trust stock?

NYMT stock was bought by a variety of institutional investors in the last quarter, including Everence Capital Management Inc., Private Wealth Strategies L.L.C., Oregon Public Employees Retirement Fund, and Veriti 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 $4.46.

How much money does New York Mortgage Trust make?

New York Mortgage Trust has a market capitalization of $1.69 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.

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 4/23/2021 by MarketBeat.com Staff
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