New York Mortgage Trust, Inc. (NYMT)

NASDAQ: NYMT · Real-Time Price · USD
6.48
-0.07 (-1.07%)
At close: Dec 11, 2024, 4:00 PM
6.44
-0.04 (-0.62%)
Pre-market: Dec 12, 2024, 9:02 AM EST
-1.07%
Market Cap 586.95M
Revenue (ttm) 252.54M
Net Income (ttm) -30.49M
Shares Out 90.58M
EPS (ttm) -0.34
PE Ratio n/a
Forward PE 14.40
Dividend $0.80 (12.35%)
Ex-Dividend Date Sep 30, 2024
Volume 612,882
Open 6.48
Previous Close 6.55
Day's Range 6.41 - 6.59
52-Week Range 5.14 - 9.67
Beta 1.99
Analysts Buy
Price Target 7.88 (+21.61%)
Earnings Date Oct 30, 2024

About 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... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Jun 24, 2004
Employees 79
Stock Exchange NASDAQ
Ticker Symbol NYMT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for NYMT stock is "Buy." The 12-month stock price forecast is $7.88, which is an increase of 21.61% from the latest price.

Price Target
$7.88
(21.61% upside)
Analyst Consensus: Buy
Stock Forecasts

News

New York Mortgage Trust Declares Fourth Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends

NEW YORK, Dec. 10, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that its Board of Directors (the “Board”) declared a regular quarterly cash div...

1 day ago - GlobeNewsWire

New York Mortgage Trust: Updating Our Allocation As The Company Derisks

We take a look at the mortgage REIT NYMT and its preferreds. The company continues to derisk its portfolio, moving away from multifamily properties into Agency MBS. The relative value in the preferred...

4 weeks ago - Seeking Alpha

New York Mortgage Trust, Inc. (NYMT) Q3 2024 Earnings Call Transcript

New York Mortgage Trust, Inc. (NASDAQ:NYMT) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Kristi Mussallem - IR Jason Serrano - CEO Kristine Nario - CFO Nick Mah -...

5 weeks ago - Seeking Alpha

New York Mortgage Trust Reports Third Quarter 2024 Results

NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the three and nine months ended Septemb...

6 weeks ago - GlobeNewsWire

3 Shares Yielding Over 9%

We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not a...

7 weeks ago - Seeking Alpha

New York Mortgage Trust 2024 Third Quarter Conference Call Scheduled for Thursday, October 31, 2024

NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) is scheduled to report financial results for the three and nine months ended September 30, 2024...

2 months ago - GlobeNewsWire

The High Yield Desert

I frequently discuss high-yield sectors like mortgage REITs, BDCs, and preferred shares, emphasizing the importance of knowing when not to buy. Preferred shares have rallied above targets, reducing bu...

2 months ago - Seeking Alpha

New York Mortgage Trust Declares Third Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends

NEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that its Board of Directors (the “Board”) declared a regular quarterly cash di...

2 months ago - GlobeNewsWire

Gauging Distribution Winners And Losers In The Next Rate Cycle

The Fed is expected to lower short-term rates soon, impacting distributions for investment vehicles like CEFs and BDCs. Investors should focus on both distribution paths and valuations of CEFs, as val...

Other symbols: ARCCEIMFDUSNCDLOXLCPFO
3 months ago - Seeking Alpha

New York Mortgage Trust PFDs: Still Rated Hold As Riskier Than Other mREIT PFDs

This article provides an update on New York Mortgage Trust preferred stocks from my January review. Along with comparing all four available NYMT preferred stocks, a brief overview of the issuer is pro...

4 months ago - Seeking Alpha

New York Mortgage Trust: Agency RMBS May Protect Earnings

New York Mortgage Trust is trading at a discount to adjusted book value after selling off. The company focuses on agency RMBS, with strong liquidity and capital allocation. Q2 earnings results show a ...

4 months ago - Seeking Alpha

Bashing Big Yielders

Dividends need to be sustained to create value. We're highlighting a company that regularly falls short. I made some mistakes many years ago and I want to address them so we can all learn from them.

4 months ago - Seeking Alpha

New York Mortgage Trust, Inc. (NYMT) Q2 2024 Earnings Call Transcript

New York Mortgage Trust, Inc. (NASDAQ:NYMT) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Kristi Mussallem – Investor Relations Jason Serrano – Chief Executive Offic...

4 months ago - Seeking Alpha

New Preferred Stock And Exchange Traded Debt IPOs, July 2024

New offerings from New York Mortgage Trust, Dime Community Bancshares, and Oxford Lane Capital Corp. with fixed coupon rates and credit ratings. DCOMG achieved a perfect CDx3 Compliance Score, while M...

4 months ago - Seeking Alpha

New York Mortgage Trust Reports Second Quarter 2024 Results

NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the three and six months ended June 30,...

4 months ago - GlobeNewsWire

New York Mortgage Trust 2024 Second Quarter Conference Call Scheduled for Thursday, August 1, 2024

NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) is scheduled to report financial results for the three and six months ended June 30, 2024 after...

5 months ago - GlobeNewsWire

Mortgage REITs Surging

After a terrible start to the year, mortgage REITs are hot in July. Don't tell ORC. They missed most of the rally. If only it was an opportunity to destroy book value. They're so good at that. Quick c...

5 months ago - Seeking Alpha

New York Mortgage Trust: The Series G Preferred Shares Are A Turnaround Bet

New York Mortgage Trust is a mREIT focused on agency residential mortgage-backed securities but also holds a 15% pure real estate exposure to multifamily. The Series G 7% fixed-rate preferred shares h...

5 months ago - Seeking Alpha

Preferreds Weekly Review: Tight Spreads Drive Bond Issuance

We take a look at the action in preferreds and baby bonds through the first week of July and highlight some of the key themes we are watching. Preferreds market saw a solid week with a drop in Treasur...

Other symbols: NEWTOXLCRWT
5 months ago - Seeking Alpha

NYMTI: The New 9.125% Bond From Mortgage REIT New York Mortgage Trust

NYMTI: The New 9.125% Bond From Mortgage REIT New York Mortgage Trust

5 months ago - Seeking Alpha

12%+ Dividend Yields Duel

This is a head-to-head battle between two of the high yielders. Both are at least over 12%. This is a lesson in evaluating similar shares for differences in valuation. The emphasis here is on the chan...

5 months ago - Seeking Alpha

New York Mortgage Trust, Inc. Announces Pricing of Public Offering of Senior Notes

NEW YORK, June 25, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today the pricing of an underwritten public offering of $60 million aggregate princip...

6 months ago - GlobeNewsWire

12% Dividend Yield Sure Beats 8%

Management tried to keep the dividend down. They have the cash to pay out. These shares ranked ahead of the common shares. We've invested in these shares before. Now we're doing it again. Except this ...

6 months ago - Seeking Alpha

New York Mortgage Trust Declares Second Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends

NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that its Board of Directors (the “Board”) declared a regular quarterly cash div...

6 months ago - GlobeNewsWire

9%+ Yields For Bigger Income

We spotted a new baby bond that was particularly appealing. A discount to face value drove yields higher. When we consider these high-yielding investments, it's important to carefully compare them wit...

6 months ago - Seeking Alpha