Real Estate -
REIT - Mortgage - NASDAQ - US
$ 18.5305
1.2 %
$ 1.67 B
Market Cap
394.27
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 | 3.94 B |
| PP&E | 0 |
| Other Non-Current Assets | -3.92 B |
| 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 | 60 M |
| Capital Expenditures | -9.47 M |
| Stock-Based Compensation | 6.07 M |
| Change in Working Capital | 0 |
| Others | 26.9 M |
| Free Cash Flow | 4.6 M |
Wall Street Analysts Price Targets
New York Mortgage Trust, Inc.
NYMTZ has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
2.02%
DIVIDEND YIELD
0.438 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
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
- 3 months ago
Preferreds Weekly Review: Shifting Rate Expectations Scramble Relative Value
We take a look at the action in preferreds and baby bonds through the second week of January and highlight some of the key themes we are watching. All preferreds sectors declined due to rising Treasury yields, but the yield on the sector has become more attractive, rising to around 6.8%. The market's expectation for rate cuts has significantly decreased, impacting the relative value of floating-rate, reset, and fixed-rate preferred securities.
seekingalpha.com
- 3 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
- 8 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
- 9 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
- 10 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
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
- 2 years ago
3 Picks For More Dividends At Big Discounts
We've got 3 picks with dividend yields from 7.5% to 13.1%. Each share also has a significant discount to either projected current book value or to call value.
seekingalpha.com
- 2 years ago
8. Profile
Summary
New York Mortgage Trust, Inc. NYMTZ
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 1.67 B
Dividend Yield
2.02%
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
Nov. 18, 2021
Employees
70
Officers
Mr. Nicholas Mah
President
Adam Howse
Head of Operations
Emily Stiller
Controller
Mr. Ardian Dauti
Managing Director
Joshua Eberle
Managing Director
JB Kim
Managing Director
Mr. Steven R. Mumma CPA
Executive Chairman
Mr. Stephen L. Hogue
Managing Director
Mr. Jason T. Serrano
Chief Executive Officer & Director