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New York Mortgage Trust (NYMT)
NASDAQ:NYMT
Holding NYMT?
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NYMT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$5.51 - $9.67
Previous Close$6.76
Volume467.97K
Average Volume (3M)497.49K
Market Cap
$612.32M
Enterprise Value$1.42B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$796.41M
Price to Earnings (P/E)―
Beta1.33
Next Earnings
Oct 30, 2024EPS Estimate
$0.01Last Dividend Ex-Date
Jun 28, 2024Dividend Yield13.33%
Share Statistics
EPS (TTM)-1.73
Shares Outstanding90,579,449
10 Day Avg. Volume371,517
30 Day Avg. Volume497,493
Standard Deviation0.15
R-Squared0.48
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.68
Price to Sales (P/S)2.29
Price to Cash Flow (P/CF)-150.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.64
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$7.00Price Target Upside2.34% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
New York Mortgage News
Bulls Say, Bears Say
Bulls Say
Investment PotentialThe role of private capital is increasingly important in the U.S. mortgage market, creating potential for outsized risk-adjusted returns for private capital such as NYMT.
Market OpportunitiesManagement describes the mortgage market as having undergone a 'landscape change' to deep-discount pricing from premium pricing, thereby creating opportunities for companies with low leverage and patience.
Stock ValuationNYMT shares trade at 0.6x of current estimated BVPS and a 12.7% dividend yield, which is attractive compared to peers.
Bears Say
Dividend RiskEarnings estimates remain below current dividend, putting the dividend at risk of being reduced without a change in strategy or substantial monetizations.
Financial PerformanceNYMT reported 2Q24 results with a net loss of ($0.29)/sh vs. its $0.20 dividend, so book value per share was down 5.1%.
Market ConditionsA soft market for multi-family real estate, caused largely by high interest rates, resulted in continued losses on NYMT's joint venture equity positions in multi-family real estate.
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Ownership Overview
9.81% Insiders
14.92% Mutual Funds
32.69% Other Institutional Investors
42.58% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NYMT FAQ
What was New York Mortgage Trust’s price range in the past 12 months?
New York Mortgage Trust lowest stock price was $5.51 and its highest was $9.67 in the past 12 months.
What is New York Mortgage Trust’s market cap?
Currently, no data Available
When is New York Mortgage Trust’s upcoming earnings report date?
New York Mortgage Trust’s upcoming earnings report date is Oct 30, 2024 which is in 40 days.
How were New York Mortgage Trust’s earnings last quarter?
New York Mortgage Trust released its earnings results on Jul 31, 2024. The company reported -$0.29 earnings per share for the quarter, missing the consensus estimate of -$0.007 by -$0.283.
Is New York Mortgage Trust overvalued?
According to Wall Street analysts New York Mortgage Trust’s price is currently Undervalued.
Does New York Mortgage Trust pay dividends?
New York Mortgage Trust pays a Quarterly dividend of $0.2 which represents an annual dividend yield of 13.33%. See more information on New York Mortgage Trust dividends here
What is New York Mortgage Trust’s EPS estimate?
New York Mortgage Trust’s EPS estimate is $0.01.
How many shares outstanding does New York Mortgage Trust have?
New York Mortgage Trust has 90,579,450 shares outstanding.
What happened to New York Mortgage Trust’s price movement after its last earnings report?
New York Mortgage Trust reported an EPS of -$0.29 in its last earnings report, missing expectations of -$0.007. Following the earnings report the stock price went down -2.006%.
Which hedge fund is a major shareholder of New York Mortgage Trust?
Among the largest hedge funds holding New York Mortgage Trust’s share is Graham Capital Management, L.P.. It holds New York Mortgage Trust’s shares valued at 545K.
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New York Mortgage Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$7.00 (2.34% Upside)
$7.00 (2.34% Upside)
Hedge Fund Trend
Increased
By 18.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 7.4%
Last 30 Days ▼ 7.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-20.94%
12-Months-Change
Fundamentals
Return on Equity
-7.44%
Trailing 12-Months
Asset Growth
31.05%
Trailing 12-Months
Company Description
New York Mortgage Trust
New York Mortgage Trust, Inc. operates as a real estate investment trust, which acquires, invests and manages primarily mortgage-related assets and financial assets. Its investment portfolio includes structured multi-family property, residential mortgage loans, non-Agency RMBS, Agency RMBS, and certain other mortgage-related and residential housing-related assets. The company was founded on September 26, 2003 and is headquartered in New York, NY.
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NYMT Company Deck
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NYMT Earnings Call
Q2 2024
0:00 / 0:00
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NYMT Stock 12 Month Forecast
Average Price Target
$7.00
▲(2.34% Upside)
Technical Analysis
Best Analysts Covering NYMT
1 Year
1 Year Success Rate
4/17 ratings generated profit
1 Year Average Return
-6.43%
reiterated a buy rating 2 months ago
Copying Michael Diana's trades and holding each position for 1 Year would result in 23.53% of your transactions generating a profit, with an average return of -6.43% per trade.
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