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

$1.08
-0.06 (-5.26 %)
(As of 04/5/2020 03:38 AM ET)
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Today's Range
$1.01
Now: $1.08
$1.23
50-Day Range
$1.02
MA: $4.33
$6.35
52-Week Range
$0.98
Now: $1.08
$6.47
Volume13.64 million shs
Average Volume20.86 million shs
Market Capitalization$407.67 million
P/E Ratio1.69
Dividend Yield70.18%
Beta1.72
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; residential mortgage loans, including distressed residential mortgage loans, non- qualified mortgage loans, second mortgages, and other residential mortgage loans; 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 incorporated in 2003 and is headquartered in New York, New York.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.2Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.71 out of 5 stars


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$694.61 million
Cash Flow$0.34 per share
Book Value$5.22 per share

Profitability

Net Income$173.74 million

Miscellaneous

Employees36
Market Cap$407.67 million
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable

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NY MTG TR INC/SH (NASDAQ:NYMT) Frequently Asked Questions

How has NY MTG TR INC/SH's stock been impacted by COVID-19 (Coronavirus)?

NY MTG TR INC/SH's stock was trading at $5.21 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NYMT shares have decreased by 79.3% and is now trading at $1.08. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of NY MTG TR INC/SH?

5 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for NY MTG TR INC/SH.

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

NY MTG TR INC/SH is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for NY MTG TR INC/SH.

How were NY MTG TR INC/SH's earnings last quarter?

NY MTG TR INC/SH (NASDAQ:NYMT) issued its quarterly earnings results on Monday, February, 24th. The real estate investment trust reported $0.20 EPS for the quarter, meeting the Zacks' consensus estimate of $0.20. The real estate investment trust had revenue of $44 million for the quarter, compared to the consensus estimate of $37.50 million. NY MTG TR INC/SH had a return on equity of 12.55% and a net margin of 23.67%. View NY MTG TR INC/SH's earnings history.

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 10th. Stockholders of record on Friday, December 20th will be given 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 74.07%. The ex-dividend date of this dividend is Thursday, December 19th. View NY MTG TR INC/SH's dividend history.

What guidance has NY MTG TR INC/SH issued on next quarter's earnings?

NY MTG TR INC/SH issued an update on its fourth quarter 2019 After-Hours earnings guidance on Monday, February, 10th. The company provided EPS guidance of 0.19-0.21 for the period, compared to the Thomson Reuters consensus estimate of $0.17.

What price target have analysts set for NYMT?

5 Wall Street analysts have issued 12-month price objectives for NY MTG TR INC/SH's shares. Their forecasts range from $6.25 to $7.00. On average, they expect NY MTG TR INC/SH's share price to reach $6.75 in the next year. This suggests a possible upside of 525.0% from the stock's current price. View analysts' price targets 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. " (2/29/2020)
  • 2. Maxim Group analysts commented, "NYMT reported 1Q19 comprehensive income of $0.29 per share, versus its dividend of $0.20; combined with two accretive equity raises, book value per share was up 1.8%." (5/7/2019)

Has NY MTG TR INC/SH been receiving favorable news coverage?

Headlines about NYMT stock have been trending very negative on Sunday, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. NY MTG TR INC/SH earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news 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.

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

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 following 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 & Director
  • Emily Stiller, Controller

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 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, Robinhood, 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 $1.08.

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

NY MTG TR INC/SH has a market capitalization of $407.67 million 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. View additional information about NY MTG TR INC/SH.

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 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 4/5/2020 by MarketBeat.com Staff

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