Real Estate -
REIT - Mortgage - NASDAQ - US
$ 5.49
-6.63 %
$ 497 M
Market Cap
-4.82
P/E
1. INTRINSIC VALUE
Balance Sheet
New York Mortgage Trust, Inc.
| Current Assets | 4 B |
| Cash & Short-Term Investments | 4 B |
| Receivables | 151 M |
| Other Current Assets | -151 M |
| Non-Current Assets | 21 M |
| Long-Term Investments | 0 |
| PP&E | 0 |
| Other Non-Current Assets | 21 M |
| Current Liabilities | 79.4 M |
| Accounts Payable | 41 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 38.4 M |
| Non-Current Liabilities | 3.56 B |
| Long-Term Debt | 3.56 B |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
New York Mortgage Trust, Inc.
| Revenue | 83.9 M |
| Cost Of Revenue | 0 |
| Gross Profit | 83.9 M |
| Operating Expenses | 48.7 M |
| Operating Income | 35.2 M |
| Other Expenses | 129 M |
| Net Income | -94 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
New York Mortgage Trust, Inc.
| Net Income | -94 M |
| Depreciation & Amortization | 20.2 M |
| Capital Expenditures | -9.47 M |
| Stock-Based Compensation | 6.07 M |
| Change in Working Capital | 0 |
| Others | 66.7 M |
| Free Cash Flow | 4.6 M |
Wall Street Analysts Price Targets
New York Mortgage Trust, Inc.
Wall Street analysts predict an average 1-year price target for NYMT of $8.7 , with forecasts ranging from
a
low of
$3 to a high of $14 .
NYMT Lowest Price Target
Wall Street Target
3 USD
-45.36%
NYMT Average Price Target
Wall Street Target
8.7 USD
58.47%
NYMT Highest Price Target
Wall Street Target
14 USD
155.01%
4. DIVIDEND
ANALYSIS
5.21%
DIVIDEND YIELD
0.2 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
New York Mortgage Trust, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Let's Talk Mortgage REITs (But Not For Too Long)
A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-book ratio may be due to lower volatility in the total economic return by period. Digital Realty Trust deserves to be mocked. I am reporting for duty!
seekingalpha.com
- 3 weeks ago
New York Mortgage Trust Declares First Quarter 2025 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends
NEW YORK, March 20, 2025 (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 March 31, 2025. The dividend will be payable on April 28, 2025 to common stockholders of record as of the close of business on March 31, 2025.
globenewswire.com
- 1 month ago
15% Yields Want To Mug Your Dividends
Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture some gains in this sector.
seekingalpha.com
- 1 month ago
New York Mortgage Trust: Q4 Update And Evaluating Its 9-11% Yielding Senior Securities
New York Mortgage Trust, Inc.'s Q4 results showed a 5.6% book value loss due, in part, to rising Agency yields, partially offset by swap hedges. NYMT's liability profile is favorable, with low recourse/mark-to-market leverage and a significant portion of financing through non-recourse securitizations. We find NYMT's senior securities, particularly NYMTM and NYMTI, attractive due to their high yields and the company's high Agency allocation and liquidity.
seekingalpha.com
- 1 month ago
New York Mortgage Trust, Inc. (NYMT) Q4 2024 Earnings Call Transcript
New York Mortgage Trust, Inc. (NASDAQ:NYMT ) Q4 2024 Earnings Conference Call February 20, 2025 9:00 AM ET Company Participants Kristi Mussallem - Investor Relations Jason Serrano - Chief Executive Officer Nick Mah - President Kristine Nario - Chief Financial Officer Conference Call Participants Bose George - KBW Doug Harter - UBS Matthew Erdner - JonesTrading Jake Katsikas - BTIG Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the New York Mortgage Trust Fourth Quarter 2024 Results Conference Call.
seekingalpha.com
- 1 month ago
New York Mortgage Trust (NYMT) Reports Q4 Loss, Tops Revenue Estimates
New York Mortgage Trust (NYMT) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of $0.08. This compares to loss of $0.24 per share a year ago.
zacks.com
- 1 month ago
New York Mortgage Trust Reports Fourth Quarter and Full Year 2024 Results
NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the three months and year ended December 31, 2024, respectively.
globenewswire.com
- 1 month ago
New York Mortgage Trust Announces Tax Treatment of 2024 Dividend Distributions
NEW YORK, Jan. 30, 2025 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT” or the “Company”) today announced the following tax treatment of common and preferred stock dividends declared in 2024. This information is provided to assist stockholders with tax reporting requirements related to dividend distributions of taxable income by the Company.
globenewswire.com
- 2 months ago
NYMTG: A 9.125% Senior Note IPO From New York Mortgage Trust
New York Mortgage Trust's new 9.125% Senior Notes are high-risk, high-return investments with a maturity date of 04/01/2030 and callable from 04/01/2027. NYMTG's debt-heavy capital structure and significant interest expenses compared to equity dividends present limited buffers for principal and interest payments. NYMT's common stock has a high dividend yield of 13.22%, but recent dividend cuts and high interest expenses raise concerns about financial stability.
seekingalpha.com
- 2 months ago
New York Mortgage Trust 2024 Fourth Quarter Conference Call Scheduled for Thursday, February 20, 2025
NEW YORK, Jan. 28, 2025 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) is scheduled to report financial results for the three and twelve months ended December 31, 2024 after the close of market on February 19, 2025. New York Mortgage Trust's executive management will host a conference call and audio webcast at 9:00 a.m., Eastern Time, on Thursday, February 20, 2025. To access the conference call, please pre-register using this link. Registrants will receive confirmation with dial-in details.
globenewswire.com
- 2 months ago
Preferreds Weekly Review: Floater Yield Confusion And Redemption Likelihood
We take a look at the action in preferreds and baby bonds through the third week of January and highlight some of the key themes we are watching. Preferred stocks started the year strong with a 1% return, despite Treasury market volatility, with all sectors except BDCs showing gains. NYMT Series E preferred reset its coupon to SOFR + 6.691%, raising the yield to over 11%, highlighting the importance of tracking floating-rate resets.
seekingalpha.com
- 2 months ago
Past Time To Take Gains On These Big Yielders
Past Time To Take Gains On These Big Yielders
seekingalpha.com
- 2 months ago
8. Profile
Summary
New York Mortgage Trust, Inc. NYMT
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 497 M
Dividend Yield
5.21%
Description
New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, second mortgages, and business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties, as well as joint venture equity investments in multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); and other mortgage, residential housing, and credit-related assets. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2003 and is headquartered in New York, New York.
Contact
90 Park Avenue, New York, NY, 10016
https://www.nymtrust.com
IPO
Date
July 26, 2004
Employees
70
Officers
JB Kim
Managing Director
Mr. Stephen L. Hogue
Managing Director
Joshua Eberle
Managing Director
Emily Stiller
Controller
Mr. Ardian Dauti
Managing Director
Mr. Jason T. Serrano
Chief Executive Officer & Director
Mr. Nicholas Mah
President
Mr. Steven R. Mumma CPA
Executive Chairman
Adam Howse
Head of Operations
Ms. Kristine R. Nario-Eng CPA, Eng.
Secretary, Chief Financial Officer & Principal Accounting Officer