NASDAQ:NYMTNY MTG TR INC/SH Stock Price, Forecast & News

NY MTG TR INC/SH's stock was trading at $5.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NYMT shares have decreased by 45.1% and is now trading at $2.86. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NY MTG TR INC/SH in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for NY MTG TR INC/SH.

NY MTG TR INC/SH is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for NY MTG TR INC/SH.

NY MTG TR INC/SH (NASDAQ:NYMT) posted its quarterly earnings results on Thursday, May, 21st. The real estate investment trust reported ($1.71) earnings per share for the quarter, missing the consensus estimate of ($0.98) by $0.73. The real estate investment trust earned $47.08 million during the quarter, compared to analysts' expectations of $46.50 million. NY MTG TR INC/SH had a net margin of 23.67% and a negative return on equity of 30.87%. View NY MTG TR INC/SH's earnings history.

NY MTG TR INC/SH declared a quarterly dividend on Tuesday, December 10th. Investors of record on Friday, December 20th will be paid a dividend of $0.20 per share on Monday, January 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 27.97%. The ex-dividend date is Thursday, December 19th. View NY MTG TR INC/SH's dividend history.

8 equities research analysts have issued 1 year price targets for NY MTG TR INC/SH's stock. Their forecasts range from $2.50 to $7.00. On average, they anticipate NY MTG TR INC/SH's stock price to reach $5.45 in the next year. This suggests a possible upside of 90.6% from the stock's current price. View analysts' price targets for NY MTG TR INC/SH.

Media stories about NYMT stock have been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by monitoring 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 five, with scores nearest to five being the most favorable. NY MTG TR INC/SH earned a news impact score of -1.6 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutNY MTG TR INC/SH.

Some companies that are related to NY MTG TR INC/SH include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), CHIMERA INVT CO/SH NEW (CIM), Apollo Commercial Real Est. Finance (ARI), Two Harbors Investment (TWO), PennyMac Mortgage Investment Trust (PMT), Colony Capital (CLNY), MFA FINL INC/SH (MFA), Redwood Trust (RWT), Invesco Mortgage Capital (IVR), ARMOUR Residential REIT (ARR), CAPSTEAD MTG CO/SH (CMO), Ready Capital (RC) and Dynex Capital (DX). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other NY MTG TR INC/SH investors own include New Residential Investment (NRZ), ANNALY CAP MGMT/SH (NLY), Energy Transfer LP Unit (ET), Western Asset Mortgage Capital (WMC), NGL Energy Partners (NGL), Two Harbors Investment (TWO), CHIMERA INVT CO/SH NEW (CIM), Orchid Island Capital (ORC), MFA FINL INC/SH (MFA) and AGNC Investment (AGNC).

NY MTG TR INC/SH trades on the NASDAQ under the ticker symbol "NYMT."

NY MTG TR INC/SH's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Delphi Financial Group Inc. (1.78%), Geode Capital Management LLC (1.42%), Bank of New York Mellon Corp (1.05%), Van ECK Associates Corp (0.40%), Rhumbline Advisers (0.33%) and Parametric Portfolio Associates LLC (0.32%). Company insiders that own NY MTG TR INC/SH stock include Alan L Hainey, Jason T Serrano, Kristine Rimando Nario-Eng, Nathan R Reese and Steven R Mumma. View institutional ownership trends for NY MTG TR INC/SH.

NYMT stock was sold by a variety of institutional investors in the last quarter, including Arizona State Retirement System, SG Americas Securities LLC, Nisa Investment Advisors LLC, and Janney Montgomery Scott LLC. View insider buying and selling activity for NY MTG TR INC/SH.

NYMT stock was acquired by a variety of institutional investors in the last quarter, including Geode Capital Management LLC, Bank of New York Mellon Corp, Rhumbline Advisers, BNP Paribas Arbitrage SA, Delphi Financial Group Inc., Van ECK Associates Corp, Advisors Preferred LLC, and American International Group Inc.. Company insiders that have bought NY MTG TR INC/SH 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 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, Robinhood, Fidelity, and Charles Schwab.

One share of NYMT stock can currently be purchased for approximately $2.86.

NY MTG TR INC/SH has a market capitalization of $1.08 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. NY MTG TR INC/SH employs 36 workers across the globe.

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

NY MTG TR INC/SH'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]