New York Mortgage Trust, Inc. (NASDAQ:NYMTN)

New York Mortgage Trust, Inc. NYMTN

Real Estate - REIT - Mortgage - NASDAQ - US

Watchlist

$ 22.8408

0.931 %

$ 530 M

Market Cap

485.97

P/E

1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one NYMTN stock under the base case scenario is HIDDEN Compared to the current market price of 22.8 USD, New York Mortgage Trust, Inc. is HIDDEN

NYMTN Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart NYMTN

FINANCIALS

Annual
Quarterly

210 M REVENUE

Growth Rates

1Year 2383.47%

3Years 44.42%

5Years 8.12%

7Years 10.40%

10Years 8.74%

48.2 M OPERATING INCOME

Growth Rates

1Year 115.50%

3Years 29.42%

5Years -36.81%

7Years -23.86%

10Years -3.51%

-48.7 M NET INCOME

Growth Rates

1Year 85.71%

3Years 44.73%

5Years -7.93%

7Years -8.06%

10Years -5.49%

30 M OPERATING CASH FLOW

Growth Rates

1Year -67.37%

3Years -35.33%

5Years 4.38%

7Years -8.04%

10Years -5.60%

-1.22 B INVESTING CASH FLOW

Growth Rates

1Year -139.78%

3Years -16.37%

5Years -13.68%

7Years -67.66%

10Years -23.13%

1.14 B FINANCING CASH FLOW

Growth Rates

1Year 147.72%

3Years 36.75%

5Years 12.90%

7Years 52.62%

10Years 27.68%

93.7 M REVENUE

Growth Rates

1Year 2383.47%

3Years 44.42%

5Years 8.12%

7Years 10.40%

10Years 8.74%

0 OPERATING INCOME

Growth Rates

1Year 115.50%

3Years 29.42%

5Years -36.81%

7Years -23.86%

10Years -3.51%

40.5 M NET INCOME

Growth Rates

1Year 85.71%

3Years 44.73%

5Years -7.93%

7Years -8.06%

10Years -5.49%

-922 K OPERATING CASH FLOW

Growth Rates

1Year -67.37%

3Years -35.33%

5Years 4.38%

7Years -8.04%

10Years -5.60%

-841 M INVESTING CASH FLOW

Growth Rates

1Year -139.78%

3Years -16.37%

5Years -13.68%

7Years -67.66%

10Years -23.13%

806 M FINANCING CASH FLOW

Growth Rates

1Year 147.72%

3Years 36.75%

5Years 12.90%

7Years 52.62%

10Years 27.68%

Balance Sheet Decomposition New York Mortgage Trust, Inc.

7.4 B ASSETS
5.77 B LIABILITIES

Current Assets	2.2 B
Cash & Short-Term Investments	2.2 B
Receivables	0
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	227 M
Gross Profit	-17 M
Operating Expenses	49.6 M
Operating Income	48.2 M
Other Expenses	96.9 M
Net Income	-48.7 M

RATIOS

-8.11% GROSS MARGIN

Averages

1Year -8.11%

3Years -1451.97%

5Years -831.32%

7Years -572.23%

10Years -378.21%

22.98% OPERATING MARGIN

Averages

1Year 22.98%

3Years -1195.02%

5Years -673.67%

7Years -432.21%

10Years -236.53%

-23.17% NET MARGIN

Averages

1Year -23.17%

3Years -1326.39%

5Years -752.39%

7Years -516.29%

10Years -341.42%

-3.08% ROE

Averages

1Year -3.08%

3Years -4.70%

5Years -3.75%

7Years -0.08%

10Years 3.29%

-0.66% ROA

Averages

1Year -0.66%

3Years -0.90%

5Years -1.63%

7Years -0.95%

10Years -0.38%

1.10% ROIC

Averages

1Year 1.10%

3Years -0.66%

5Years -1.63%

7Years -0.69%

10Years 0.47%

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	10.4 M
Change in Working Capital	-16.7 M
Others	43.6 M
Free Cash Flow	30 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets New York Mortgage Trust, Inc.

NYMTN has no price targets from Wall Street.

4. DIVIDEND ANALYSIS

4.98% DIVIDEND YIELD

0.5 USD DIVIDEND PER SHARE

5. COMPETITION

NexPoint Real Estate Finance, Inc. operates as a real estate finance company in the United States. It focuses on originating, structuring, and investing in first mortgage loans, mezzanine loans, preferred equity, and preferred stock, as well as multifamily commercial mortgage backed securities securitizations.

0 USD

NREF-PA

Overvalued 100.00%

TPG RE Finance Trust, Inc., a commercial real estate finance company, originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in the United States.

0 USD

TRTX-PC

Overvalued 100.00%

New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States.

1.8 USD

NYMTL

Overvalued 92.01%

New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States.

1.8 USD

NYMTZ

Overvalued 91.22%

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States.

-11.6 USD

TWO-PB

Overvalued 147.43%

Two Harbors Investment Corp. invests in, finances, and manages mortgage servicing rights (MSRs), agency residential mortgage-backed securities (RMBS), and other financial assets through RoundPoint in the United States.

-11.6 USD

TWO-PC

Overvalued 147.09%

Invesco Mortgage Capital Inc. operates as a real estate investment trust (REIT) that primarily focuses on investing in, financing, and managing mortgage-backed securities and other mortgage-related assets.

0.0117 USD

IVR-PB

Overvalued 99.95%

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of residential, commercial mortgage loans, and other real estate related securities.

12.2 USD

CIM-PA

Overvalued 49.06%

MFA Financial, Inc., together with its subsidiaries, operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including non-agency mortgage-backed securities (MBS), agency MBS, and credit risk transfer securities; residential whole loans, including purchased performing loans, purchased credit deteriorated, and non-performing loans; and mortgage servicing rights related assets.

6. Ownership

Insider Ownership New York Mortgage Trust, Inc.

Summary
Transactions

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

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 weeks 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 - 2 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 - 3 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 - 3 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 - 4 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 - 6 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 - 8 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 - 10 months 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

New York Mortgage Trust, Inc. (NYMT) Q4 2022 Earnings Call Transcript New York Mortgage Trust, Inc. (NASDAQ:NYMT ) Q4 2022 Earnings Conference Call February 23, 2023 9:00 AM ET Company Participants Jason Serrano – Chief Executive Officer Kristine Nario – Chief Financial Officer Nick Mah – President Conference Call Participants Stephen Laws – Raymond James Doug Harter – Credit Suisse Mike Smith – KBW Christopher Nolan – Ladenburg Eric Hagen – BTIG Wes Martens – JLS Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the New York Mortgage Trust Fourth Quarter and Full Year 2022 Results Conference Call. seekingalpha.com - 1 year ago

New York Mortgage Trust: No Disruption To The 12.7% Yield New York Mortgage Trust is paying out a 12.7% yield from its portfolio of mortgage-related assets. Whilst the quarterly cash payouts of the internally managed mREIT are recovering from their pandemic-era low, there is some uncertainty posed by the economy this year. seekingalpha.com - 1 year ago

8. Profile Summary

New York Mortgage Trust, Inc. NYMTN

COUNTRY US

INDUSTRY REIT - Mortgage

MARKET CAP $ 530 M

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. 30, 2017

Employees 79

Officers Mr. Steven B. Brannan Managing Director JB Kim Managing Director Mr. Ardian Dauti Managing Director Ms. Kristine R. Nario-Eng CPA, Eng. Secretary, Chief Financial Officer & Principal Accounting Officer Adam Howse Head of Operations Emily Stiller Controller Mr. Nicholas Mah President Mr. Steven R. Mumma CPA Executive Chairman Mr. Stephen L. Hogue Managing Director Mr. Jason T. Serrano Chief Executive Officer & Director

Price Chart NYMTN

New York Mortgage Trust, Inc. NYMTN

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