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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
NASDAQ:NYMT

New York Mortgage Trust (NYMT) Stock Price, News & Analysis

$7.20
+0.07 (+0.98%)
(As of 03/28/2024 ET)
Today's Range
$7.12
$7.26
50-Day Range
$6.88
$8.47
52-Week Range
$6.87
$10.63
Volume
495,378 shs
Average Volume
581,945 shs
Market Capitalization
$656.93 million
P/E Ratio
N/A
Dividend Yield
11.11%
Price Target
$10.83

New York Mortgage Trust MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
50.5% Upside
$10.83 Price Target
Short Interest
Healthy
2.41% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.19mentions of New York Mortgage Trust in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
47.27%
From $0.55 to $0.81 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.97 out of 5 stars

Finance Sector

295th out of 849 stocks

Real Estate Investment Trusts Industry

56th out of 181 stocks

NYMT stock logo

About New York Mortgage Trust Stock (NASDAQ:NYMT)

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, including business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); single-family rental properties; and other mortgage, residential housing, and credit-related assets. The company also 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.

NYMT Stock Price History

NYMT Stock News Headlines

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New York Mortgage Trust Inc.
Maxim Group Sticks to Its Buy Rating for New York Mortgage (NYMT)
Maxim Group Reaffirms Their Buy Rating on New York Mortgage (NYMT)
NYMT - New York Mortgage Trust, Inc.
8-K: NEW YORK MORTGAGE TRUST INC
See More Headlines
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Company Calendar

Last Earnings
5/03/2022
Ex-Dividend for 1/26 Dividend
12/22/2023
Dividend Payable
1/26/2024
Ex-Dividend for 4/25 Dividend
3/22/2024
Today
3/29/2024
Dividend Payable
4/25/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
Current Symbol
NASDAQ:NYMT
CUSIP
64960450
Employees
79
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.83
High Stock Price Target
$13.00
Low Stock Price Target
$8.50
Potential Upside/Downside
+50.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-48,670,000.00
Pretax Margin
-30.05%

Debt

Sales & Book Value

Annual Sales
$258.66 million
Cash Flow
$0.72 per share
Book Value
$11.74 per share

Miscellaneous

Free Float
90,140,000
Market Cap
$656.93 million
Optionable
Optionable
Beta
1.93
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Key Executives

  • Mr. Steven R. Mumma CPA (Age 65)
    Executive Chairman
    Comp: $1.57M
  • Mr. Jason T. Serrano (Age 49)
    CEO & Director
    Comp: $2.37M
  • Ms. Kristine R. Nario-Eng CPA (Age 44)
    Eng., Secretary, CFO & Principal Accounting Officer
    Comp: $1.04M
  • Mr. Nicholas Mah (Age 42)
    President
  • Adam Howse
    Head of Operations
  • Mr. Stephen L. Hogue (Age 57)
    Managing Director
  • Mr. Steven B. Brannan (Age 44)
    Managing Director
  • Mr. Ardian Dauti
    Managing Director
  • JB Kim
    Managing Director
  • Emily Stiller
    Controller

NYMT Stock Analysis - Frequently Asked Questions

Should I buy or sell New York Mortgage Trust stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New York Mortgage Trust in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NYMT shares.
View NYMT analyst ratings
or view top-rated stocks.

What is New York Mortgage Trust's stock price target for 2024?

2 equities research analysts have issued twelve-month price targets for New York Mortgage Trust's stock. Their NYMT share price targets range from $8.50 to $13.00. On average, they anticipate the company's share price to reach $10.83 in the next year. This suggests a possible upside of 50.5% from the stock's current price.
View analysts price targets for NYMT
or view top-rated stocks among Wall Street analysts.

How have NYMT shares performed in 2024?

New York Mortgage Trust's stock was trading at $8.53 on January 1st, 2024. Since then, NYMT stock has decreased by 15.6% and is now trading at $7.20.
View the best growth stocks for 2024 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our NYMT earnings forecast
.

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

New York Mortgage Trust, Inc. (NASDAQ:NYMT) announced its earnings results on Tuesday, May, 3rd. The real estate investment trust reported ($0.88) EPS for the quarter, missing analysts' consensus estimates of $0.32 by $1.20. New York Mortgage Trust had a positive trailing twelve-month return on equity of 0.87% and a negative net margin of 18.82%. During the same period in the previous year, the firm posted $0.44 EPS.

How often does New York Mortgage Trust pay dividends? What is the dividend yield for New York Mortgage Trust?

New York Mortgage Trust announced a quarterly dividend on Wednesday, March 13th. Stockholders of record on Monday, March 25th will be paid a dividend of $0.20 per share on Thursday, April 25th. This represents a $0.80 dividend on an annualized basis and a yield of 11.11%. The ex-dividend date of this dividend is Friday, March 22nd.
Read our dividend analysis for NYMT
.

Is New York Mortgage Trust a good dividend stock?

New York Mortgage Trust (NASDAQ:NYMT) pays an annual dividend of $0.80 per share and currently has a dividend yield of 11.63%. NYMT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for NYMT.

What ETFs hold New York Mortgage Trust's stock?
When did New York Mortgage Trust's stock split?

New York Mortgage Trust's stock reverse split on the morning of Thursday, March 9th 2023. The 1-4 reverse split was announced on Thursday, March 9th 2023. The number of shares owned by shareholders was adjusted after the market closes on Thursday, March 9th 2023. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

What is Steven R. Mumma's approval rating as New York Mortgage Trust's CEO?

3 employees have rated New York Mortgage Trust Chief Executive Officer Steven R. Mumma on Glassdoor.com. Steven R. Mumma has an approval rating of 70% among the company's employees.

What other stocks do shareholders of New York Mortgage Trust own?
Who are New York Mortgage Trust's major shareholders?

New York Mortgage Trust's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.75%), Vanguard Group Inc. (6.79%), Allspring Global Investments Holdings LLC (4.08%), Charles Schwab Investment Management Inc. (1.68%), Balyasny Asset Management L.P. (1.46%) and Northern Trust Corp (1.16%).
View institutional ownership trends
.

How do I buy shares of New York Mortgage Trust?

Shares of NYMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NYMT) was last updated on 3/29/2024 by MarketBeat.com Staff

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