NASDAQ:NYMT - NY MTG TR INC/SH Stock Price, News, & Analysis

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$6.30 -0.01 (-0.16 %)
(As of 02/20/2019 07:12 AM ET)
Previous Close$6.31
Today's Range$6.2750 - $6.33
52-Week Range$5.47 - $6.54
Volume1.05 million shs
Average Volume1.11 million shs
Market Capitalization$981.23 million
P/E Ratio9.55
Dividend Yield12.68%
Beta0.88
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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
Current SymbolNASDAQ:NYMT
CUSIP64960450
Phone212-792-0107

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$441.10 million
Cash Flow$0.8225 per share
Book Value$6.14 per share

Profitability

Net Income$91.98 million

Miscellaneous

Employees19
Market Cap$981.23 million
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, December 4th. Shareholders of record on Friday, December 14th will be paid a dividend of $0.20 per share on Friday, January 25th. This represents a $0.80 dividend on an annualized basis and a yield of 12.70%. The ex-dividend date is Thursday, December 13th. 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) announced its quarterly earnings data on Monday, November, 5th. The real estate investment trust reported $0.20 EPS for the quarter, beating the Zacks' consensus estimate of $0.15 by $0.05. The real estate investment trust earned $19.60 million during the quarter, compared to analyst estimates of $17.10 million. NY MTG TR INC/SH had a net margin of 25.07% and a return on equity of 17.13%. View NY MTG TR INC/SH's Earnings History.

When is NY MTG TR INC/SH's next earnings date?

NY MTG TR INC/SH is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for NY MTG TR INC/SH.

What price target have analysts set for NYMT?

4 brokers have issued 1-year price objectives for NY MTG TR INC/SH's shares. Their predictions range from $6.00 to $6.75. On average, they anticipate NY MTG TR INC/SH's stock price to reach $6.3750 in the next twelve months. This suggests a possible upside of 1.2% from the stock's current price. 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 3 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?

Media stories about NYMT stock have been trending somewhat positive on Wednesday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. NY MTG TR INC/SH earned a news sentiment score of 2.0 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

Are investors shorting NY MTG TR INC/SH?

NY MTG TR INC/SH saw a decrease in short interest in the month of January. As of January 15th, there was short interest totalling 13,873,914 shares, a decrease of 18.3% from the December 31st total of 16,982,313 shares. Based on an average daily trading volume, of 3,572,865 shares, the days-to-cover ratio is presently 3.9 days. Approximately 9.0% of the shares of the company are sold short. View NY MTG TR INC/SH's Current Options Chain.

Who are some of NY MTG TR INC/SH's key competitors?

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 a number of 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%), Van ECK Associates Corp (0.47%), Rhumbline Advisers (0.28%) and California Public Employees Retirement System (0.25%). View Institutional Ownership Trends for NY MTG TR INC/SH.

Which institutional 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 institutional investors are buying NY MTG TR INC/SH stock?

NYMT stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Geode Capital Management LLC, SG Americas Securities LLC, Bank of New York Mellon Corp, Rhumbline Advisers, LSV Asset Management, Nisa Investment Advisors LLC and Advisors Preferred 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 $6.30.

How big of a company is NY MTG TR INC/SH?

NY MTG TR INC/SH has a market capitalization of $981.23 million and generates $441.10 million in revenue each year. The real estate investment trust earns $91.98 million in net income (profit) each year or $0.66 on an earnings per share basis. NY MTG TR INC/SH employs 19 workers across the globe.

What is NY MTG TR INC/SH's official website?

The official website for NY MTG TR INC/SH is http://www.nymtrust.com.

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  225 (Vote Outperform)
Underperform Votes:  306 (Vote Underperform)
Total Votes:  531
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.
This page was last updated on 2/20/2019 by MarketBeat.com Staff

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