New York Mortgage Trust, Inc. (NYMT)
NASDAQ: NYMT · IEX Real-Time Price · USD
6.96
+0.14 (2.05%)
At close: Apr 19, 2024, 4:00 PM
6.93
-0.03 (-0.43%)
After-hours: Apr 19, 2024, 6:05 PM EDT
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 10.69, with a low estimate of 8.50 and a high estimate of 13. The average target predicts an increase of 53.59% from the current stock price of 6.96.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NYMT stock from 4 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 4 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $15 → $11 | Strong Buy | Reiterates | $15 → $11 | +58.05% | Mar 25, 2024 |
| UBS | UBS | Hold Initiates $8.5 | Hold | Initiates | $8.5 | +22.13% | Dec 6, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $20 → $15 | Strong Buy | Maintains | $20 → $15 | +115.52% | Aug 14, 2023 |
| Credit Suisse | Credit Suisse | Hold Reiterates $12 | Hold | Reiterates | $12 | +72.41% | May 22, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $10 → $10 | Hold | Maintains | $10 → $10 | +47.27% | May 10, 2023 |
Financial Forecast
Revenue This Year
112.63M
from 198.87M
Decreased by -43.36%
Revenue Next Year
137.64M
from 112.63M
Increased by 22.21%
EPS This Year
0.65
from -0.99
EPS Next Year
0.93
from 0.65
Increased by 43.68%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 143.1M | 180.1M |
| Avg | 112.6M | 137.6M |
| Low | 75.8M | 99.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -28.1% | 59.9% |
| Avg | -43.4% | 22.2% |
| Low | -61.9% | -11.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.00 | 1.29 |
| Avg | 0.65 | 0.93 |
| Low | 0.47 | 0.74 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 99.9% |
| Avg | - | 43.7% |
| Low | - | 15.3% |
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.