New York Mortgage Trust, Inc. (NYMT)
NASDAQ: NYMT · IEX Real-Time Price · USD
5.91
+0.18 (3.14%)
Jul 2, 2024, 4:00 PM EDT - Market closed
New York Mortgage Trust Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for NYMT stock have an average target of 8.00, with a low estimate of 6.00 and a high estimate of 11. The average target predicts an increase of 35.36% from the current stock price of 5.91.
Analyst Consensus: Buy
* Price targets were last updated on May 8, 2024.
Analyst Ratings
The average analyst rating for NYMT stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 4 | 4 | 2 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 6 | 6 | 4 | 4 | 4 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
UBS | UBS | Hold Maintains $7.5 → $6 | Hold | Maintains | $7.5 → $6 | +1.52% | May 8, 2024 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $8.5 → $7 | Hold | Maintains | $8.5 → $7 | +18.44% | May 3, 2024 |
B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $15 → $11 | Strong Buy | Reiterates | $15 → $11 | +86.13% | Mar 25, 2024 |
UBS | UBS | Hold Initiates $8.5 | Hold | Initiates | $8.5 | +43.82% | Dec 6, 2023 |
B. Riley Securities | B. Riley Securities | Strong Buy Maintains $20 → $15 | Strong Buy | Maintains | $20 → $15 | +153.81% | Aug 14, 2023 |
Financial Forecast
Revenue This Year
91.35M
from 198.87M
Decreased by -54.06%
Revenue Next Year
106.94M
from 91.35M
Increased by 17.06%
EPS This Year
-0.40
from -0.99
EPS Next Year
0.44
from -0.40
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 103.8M | 138.6M |
Avg | 91.4M | 106.9M |
Low | 70.6M | 78.1M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | -47.8% | 51.7% |
Avg | -54.1% | 17.1% |
Low | -64.5% | -14.5% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 0.74 | 0.71 | 0.72 |
Avg | -0.40 | 0.44 | 0.70 |
Low | -0.73 | 0.25 | 0.68 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | - | - | 63.3% |
Avg | - | - | 58.6% |
Low | - | - | 52.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.