New York Mortgage Trust ( (NYMT) ) has released its Q2 earnings. Here is a breakdown of the information New York Mortgage Trust presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
New York Mortgage Trust, Inc. is an internally managed real estate investment trust (REIT) focused on acquiring, investing in, financing, and managing primarily mortgage-related residential assets.
In its second-quarter 2025 earnings report, New York Mortgage Trust reported a net loss attributable to common stockholders of $3.5 million, or $0.04 per share, while earnings available for distribution were $20.0 million, or $0.22 per share. The company maintained a dividend of $0.20 per common share.
Key financial metrics for the quarter included a yield on average interest-earning assets of 6.48% and a net interest spread of 1.50%. The company acquired $503.7 million in Agency investments and $280.2 million in residential loans, while also completing a $90 million issuance of senior notes and acquiring full ownership of Constructive Loans, LLC.
Looking forward, New York Mortgage Trust’s management remains optimistic about its strategic direction, emphasizing the acquisition of Constructive Loans as a pivotal step in expanding its residential business purpose lending, which is expected to enhance the company’s ability to meet growing demand for non-agency credit.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money