NYMT
New York Mortgage TrustNYMT
NYMT
About: New York Mortgage Trust Inc is a real estate investment trust for federal income tax purposes, in the business of acquiring, investing in, financing and managing mortgage-related and residential housing-related assets. The company's investment portfolio consists of Structured multi-family property investments such as multi-family CMBS an preferred equity in, and mezzanine loans to owners of multi-family properties. Distressed residential assets such as residential mortgage loans sourced from distressed markets and non-Agency RMBS. Second mortgages, Agency RMBS, and certain other mortgage-related and residential housing-related assets.
Employees: 79
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
837% more call options, than puts
Call options by funds: $281K | Put options by funds: $30K
5% more capital invested
Capital invested by funds: $307M [Q2] → $321M (+$13.9M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
9% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 22
9% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 54
1% less funds holding
Funds holding: 159 [Q2] → 157 (-2) [Q3]
1.41% less ownership
Funds ownership: 57.56% [Q2] → 56.15% (-1.41%) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$7.50
29%
upside
Avg. target
$7.50
29%
upside
High target
$7.50
29%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Jones Trading Jason Weaver 45% 1-year accuracy 17 / 38 met price target | 29%upside $7.50 | Buy Upgraded | 14 Nov 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
2 weeks ago
New York Mortgage Trust Declares Fourth Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends
NEW YORK, Dec. 10, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that its Board of Directors (the “Board”) declared a regular quarterly cash dividend of $0.20 per share on shares of its common stock for the quarter ending December 31, 2024. The dividend will be payable on January 23, 2025 to common stockholders of record as of the close of business on December 20, 2024.
Neutral
Seeking Alpha
1 month ago
New York Mortgage Trust: Updating Our Allocation As The Company Derisks
We take a look at the mortgage REIT NYMT and its preferreds. The company continues to derisk its portfolio, moving away from multifamily properties into Agency MBS. The relative value in the preferreds suite has shifted in favor of NYMTM which is expected to move out to a double-digit yield early next year.
Neutral
Seeking Alpha
1 month ago
New York Mortgage Trust, Inc. (NYMT) Q3 2024 Earnings Call Transcript
New York Mortgage Trust, Inc. (NASDAQ:NYMT ) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Kristi Mussallem - IR Jason Serrano - CEO Kristine Nario - CFO Nick Mah - President Conference Call Participants Bose George - KBW Jason Stewart - Janney Montgomery Scott Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the New York Mortgage Trust Third Quarter 2024 Results Conference Call.
Positive
Zacks Investment Research
1 month ago
New York Mortgage Trust (NYMT) Beats Q3 Earnings Estimates
New York Mortgage Trust (NYMT) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.12 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
New York Mortgage Trust Reports Third Quarter 2024 Results
NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the three and nine months ended September 30, 2024.
Neutral
24/7 Wall Street
1 month ago
These 15 Stocks Are Among the Top Dividend Payers in the Wilshire 5000
Created in 1974, the Wilshire 5000 Index was intended to be a market-weighted index of the combined NYSE, NASDAQ, and American Stock Exchange (since merged with NASDAQ in 1998).
Neutral
24/7 Wall Street
2 months ago
These 15 Stocks Are Among the Top Dividend Payers on the NASDAQ
24/7 Wall Street Insights NASDAQ was founded in 1971 as an automated quote stock exchange alternative to the New York Stock Exchange, and now has more listings than the NYSE.
Neutral
Seeking Alpha
2 months ago
3 Shares Yielding Over 9%
We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not as great today. I'll include an alternative from my portfolio that still offers an attractive yield for investors.
Neutral
GlobeNewsWire
2 months ago
New York Mortgage Trust 2024 Third Quarter Conference Call Scheduled for Thursday, October 31, 2024
NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) is scheduled to report financial results for the three and nine months ended September 30, 2024 after the close of market on October 30, 2024. New York Mortgage Trust's executive management will host a conference call and audio webcast at 9:00 a.m., Eastern Time, on Thursday, October 31, 2024. To access the conference call, please pre-register using this link. Registrants will receive confirmation with dial-in details.
Neutral
24/7 Wall Street
2 months ago
These 15 Stocks Are Among the Top Dividend Payers in the Russell 2000
Recognizing that one day “Magnificent 7” stocks like Apple were once small cap stocks (those with market caps between $250 million and $2 billion), FTSE Russell, a subsidiary of the London Stock Exchange, created the Russell 2000 Index.
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