New York Mortgage Trust, Inc. (NYMT)
NASDAQ: NYMT · Real-Time Price · USD
5.90
+0.10 (1.64%)
Nov 21, 2024, 11:24 AM EST - Market open
New York Mortgage Trust Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for NYMT stock have an average target of 7.88, with a low estimate of 6.00 and a high estimate of 11. The average target predicts an increase of 33.67% from the current stock price of 5.90.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NYMT stock from 5 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jones Trading | Jones Trading | Hold → Strong Buy Upgrades $7.5 | Hold → Strong Buy | Upgrades | $7.5 | +27.23% | Nov 14, 2024 |
| Janney Montgomery Scott | Janney Montgomery Scott | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Aug 13, 2024 |
| UBS | UBS | Hold Maintains $7.5 → $6 | Hold | Maintains | $7.5 → $6 | +1.78% | May 8, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $8.5 → $7 | Hold | Maintains | $8.5 → $7 | +18.74% | May 3, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $15 → $11 | Strong Buy | Reiterates | $15 → $11 | +86.60% | Mar 25, 2024 |
Financial Forecast
Revenue This Year
80.46M
Revenue Next Year
101.83M
from 80.46M
Increased by 26.56%
EPS This Year
-0.75
from -0.99
EPS Next Year
0.46
from -0.75
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 90.4M | 135.8M | 151.4M |
| Avg | 80.5M | 101.8M | 147.1M |
| Low | 73.0M | 77.4M | 141.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 68.7% | 48.7% |
| Avg | - | 26.6% | 44.4% |
| Low | - | -3.8% | 38.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.66 | 0.71 | 0.59 |
| Avg | -0.75 | 0.46 | 0.57 |
| Low | -0.98 | 0.27 | 0.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 28.8% |
| Avg | - | - | 25.1% |
| Low | - | - | 20.2% |
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.