Real Estate -
REIT - Mortgage - NASDAQ - US
$ 24.91
-0.658 %
$ 2.26 B
Market Cap
530.0
P/E
1. INTRINSIC VALUE
Balance Sheet
New York Mortgage Trust, Inc.
| Current Assets | 2.27 B |
| Cash & Short-Term Investments | 2.2 B |
| Receivables | 64.9 M |
| Other Current Assets | 0 |
| Non-Current Assets | 2.24 B |
| Long-Term Investments | 2.16 B |
| PP&E | 6.58 M |
| Other Non-Current Assets | 75.5 M |
| Current Liabilities | 531 M |
| Accounts Payable | 23.7 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 507 M |
| Non-Current Liabilities | 2.83 B |
| Long-Term Debt | 2.81 B |
| Other Non-Current Liabilities | 29.3 M |
EFFICIENCY
Earnings Waterfall
New York Mortgage Trust, Inc.
| Revenue | 210 M |
| Cost Of Revenue | 112 M |
| Gross Profit | 97.8 M |
| Operating Expenses | 49.6 M |
| Operating Income | 48.2 M |
| Other Expenses | 96.9 M |
| Net Income | -48.7 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
New York Mortgage Trust, Inc.
| Net Income | -48.7 M |
| Depreciation & Amortization | 24.6 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 8.82 M |
| Change in Working Capital | -16.7 M |
| Others | 45.2 M |
| Free Cash Flow | 30 M |
Wall Street Analysts Price Targets
New York Mortgage Trust, Inc.
NYMTM has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
4.98%
DIVIDEND YIELD
0.492 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
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
17 years ago
Feb 27, 2007
|
Sell 108 K
USD
|
Wirth Michael I
|
- 33200
|
3.25 USD |
|
17 years ago
Feb 27, 2007
|
Sell 2.58 K
USD
|
Wirth Michael I
|
- 790
|
3.26 USD |
|
17 years ago
Feb 14, 2007
|
Sell 37 K
USD
|
Wirth Michael I
Director
|
- 11200
|
3.3 USD |
|
17 years ago
Feb 14, 2007
|
Sell 2.65 K
USD
|
Wirth Michael I
Director
|
- 800
|
3.31 USD |
|
17 years ago
Feb 14, 2007
|
Sell 14.2 K
USD
|
Wirth Michael I
Director
|
- 4280
|
3.32 USD |
|
17 years ago
Feb 14, 2007
|
Sell 9.72 K
USD
|
Wirth Michael I
Director
|
- 2920
|
3.33 USD |
|
17 years ago
Feb 14, 2007
|
Sell 7.68 K
USD
|
Wirth Michael I
Director
|
- 2300
|
3.34 USD |
|
17 years ago
Feb 14, 2007
|
Sell 2.01 K
USD
|
Wirth Michael I
Director
|
- 600
|
3.35 USD |
|
17 years ago
Feb 14, 2007
|
Sell 3.02 K
USD
|
Wirth Michael I
Director
|
- 900
|
3.36 USD |
|
17 years ago
Feb 14, 2007
|
Sell 6.74 K
USD
|
Wirth Michael I
Director
|
- 2000
|
3.37 USD |
7. News
Preferreds Weekly Review: Mortgage REITs See Some Redemptions
We take a look at the action in preferreds and baby bonds through the second week of November and highlight some of the key themes we are watching. Preferred stocks had a strong week with a 2% total return, supported by a Treasury rally and narrowing credit spreads. Invesco Mortgage Capital is redeeming its floating-rate preferred IVR.PR.B, which will raise equity coverage.
seekingalpha.com
- 2 months 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.
seekingalpha.com
- 2 months ago
Gauging Distribution Winners And Losers In The Next Rate Cycle
The Fed is expected to lower short-term rates soon, impacting distributions for investment vehicles like CEFs and BDCs. Investors should focus on both distribution paths and valuations of CEFs, as valuation changes can significantly affect portfolio wealth. BDCs, despite holding floating-rate assets, offer high dividend coverage and income diversification, making them attractive even in a rate-cutting cycle.
seekingalpha.com
- 4 months ago
New York Mortgage Trust, Inc. (NYMT) Q2 2024 Earnings Call Transcript
New York Mortgage Trust, Inc. (NASDAQ:NYMT ) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Kristi Mussallem – Investor Relations Jason Serrano – Chief Executive Officer Kristine Nario – Chief Financial Officer Nick Mah – President Conference Call Participants Doug Harter – UBS Jason Weaver – JonesTrading Frank Labetti – KBW Eric Hagen – BTIG Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the New York Mortgage Trust Second Quarter 2024 Results Conference Call.
seekingalpha.com
- 5 months ago
New Preferred Stock And Exchange Traded Debt IPOs, July 2024
New offerings from New York Mortgage Trust, Dime Community Bancshares, and Oxford Lane Capital Corp. with fixed coupon rates and credit ratings. DCOMG achieved a perfect CDx3 Compliance Score, while Morgan Stanley and Regions Financial Corporation also priced new preferred stock offerings. Investors can buy new shares at wholesale prices through the OTC exchange, track past preferred stock IPOs below par, and stay updated on the current marketplace offerings.
seekingalpha.com
- 5 months ago
Preferreds Weekly Review: Tight Spreads Drive Bond Issuance
We take a look at the action in preferreds and baby bonds through the first week of July and highlight some of the key themes we are watching. Preferreds market saw a solid week with a drop in Treasury yields and stable median yield-to-worst below 7%. Corporate bond yields stand at lowest levels in 2 years, prompting new issuance from across the space.
seekingalpha.com
- 6 months ago
New York Mortgage Trust, Inc. (NYMT) Q1 2024 Earnings Call Transcript
New York Mortgage Trust, Inc. (NASDAQ:NYMT ) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Kristi Mussallem – Investor Relations Jason Serrano – Chief Executive Officer Kristine Nario – Chief Financial Officer Nick Mah – President Conference Call Participants Bose George – KBW Doug Harter – UBS Eric Hagen – BTIG Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the New York Mortgage Trust First Quarter 2024 Results Conference Call.
seekingalpha.com
- 8 months ago
New York Mortgage Trust, Inc. (NYMT) Q4 2023 Earnings Call Transcript
New York Mortgage Trust, Inc. (NYMT) Q4 2023 Earnings Call Transcript
seekingalpha.com
- 10 months ago
NYMT Pfds: FOMC Policy Has Shifted, But My Hold Ratings Stand
New York Mortgage Trust is classified as a Residential mortgage REIT, or mREIT. This article briefly reviews the Issuer and the four preferred stocks investors can pick from: 3 fixed/floating and one fixed-rate issue. NYMT has significantly increased its use of preferred stocks, while NYMT's financials show a deteriorating book value and a reduction in dividends starting in 2Q 2023.
seekingalpha.com
- 11 months ago
Preferreds Weekly Review: Funds Vs. Individual Preferreds Debate
We take a look at the action in preferreds and baby bonds through the second week of December and highlight some of the key themes we are watching. Preferreds rallied for another week, closing in on a 10% total return for the year. We touch on the debate of whether it makes sense to hold preferreds funds or allocate to individual preferreds.
seekingalpha.com
- 1 year ago
New York Mortgage Trust, Inc. (NYMT) Q2 2023 Earnings Call Transcript
New York Mortgage Trust, Inc. (NASDAQ:NYMT ) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants Jason Serrano - Chief Executive Officer Kristine Nario - Chief Financial Officer Nick Ma - President Conference Call Participants Doug Harter - Credit Suisse Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the New York Mortgage Trust Second Quarter 2023 Financial Results Conference Call.
seekingalpha.com
- 1 year ago
5 Dividend Yields From 7% To 16%
The big yields in these shares will draw in many investors. Huge dividend increases may be required when floating rates kick in. We're including my largest position.
seekingalpha.com
- 1 year ago
8. Profile
Summary
New York Mortgage Trust, Inc. NYMTM
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 2.26 B
Dividend Yield
4.98%
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
Oct. 18, 2019
Employees
79
Officers
Mr. Steven B. Brannan
Managing Director
Mr. Stephen L. Hogue
Managing Director
JB Kim
Managing Director
Mr. Ardian Dauti
Managing Director
Mr. Jason T. Serrano
Chief Executive Officer & Director
Adam Howse
Head of Operations
Emily Stiller
Controller
Mr. Steven R. Mumma CPA
Executive Chairman
Mr. Nicholas Mah
President
Ms. Kristine R. Nario-Eng CPA, Eng.
Secretary, Chief Financial Officer & Principal Accounting Officer