New York Mortgage Trust, Inc. (NYMT)
NASDAQ: NYMT · Real-Time Price · USD
5.94
+0.26 (4.58%)
At close: Dec 20, 2024, 4:00 PM
6.04
+0.10 (1.68%)
After-hours: Dec 20, 2024, 7:58 PM EST
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 32.66% from the current stock price of 5.94.
Analyst Consensus: Buy
* Price targets were last updated on Nov 14, 2024.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 5 | 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 | +26.26% | 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 | +1.01% | May 8, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $8.5 → $7 | Hold | Maintains | $8.5 → $7 | +17.85% | May 3, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $15 → $11 | Strong Buy | Reiterates | $15 → $11 | +85.19% | Mar 25, 2024 |
Financial Forecast
Revenue This Year
80.01M
Revenue Next Year
116.73M
from 80.01M
Increased by 45.89%
EPS This Year
-0.64
from -0.99
EPS Next Year
0.55
from -0.64
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 90.4M | 158.3M | 151.4M |
| Avg | 80.0M | 116.7M | 147.1M |
| Low | 72.2M | 84.8M | 141.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 97.9% | 29.7% |
| Avg | - | 45.9% | 26.0% |
| Low | - | 5.9% | 21.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.60 | 0.83 | 0.67 |
| Avg | -0.64 | 0.55 | 0.65 |
| Low | -0.65 | 0.27 | 0.63 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 21.1% |
| Avg | - | - | 17.6% |
| Low | - | - | 13.0% |
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.