In recent trading session, New York Mortgage Trust Inc (NASDAQ:NYMT) saw 1.07 million shares changing hands at last check today with its beta currently measuring 1.96. Company’s recent per share price level of $6.09 trading at -$0.93 or -13.18% at last check today assigns it a market valuation of $556.05M. That closing price of NYMT’s stock is at a discount of -69.13% from its 52-week high price of $10.30 and is indicating a discount of -10.02% from its 52-week low price of $6.70. Taking a look at company’s average trading volume volume of 622.16K if we extend that period to 3-months.
New York Mortgage Trust Inc (NASDAQ:NYMT) trade information
Upright in the red during last session for losing -13.18%, in the last five days NYMT remained trading in the red while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $6.09 price level, adding 15.3% to its value on the day. New York Mortgage Trust Inc’s shares saw a change of -28.55% in year-to-date performance and have moved -12.55% in past 5-day. New York Mortgage Trust Inc (NASDAQ:NYMT) showed a performance of -15.81% in past 30-days.
New York Mortgage Trust Inc (NYMT) estimates and forecasts
Statistics highlight that New York Mortgage Trust Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -21.76% of value to its shares in past 6 months, showing an annual growth rate of 194.83% while that of industry is -10.20. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 66.00% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 26.62M for the same. And 3 analysts are in estimates of company making revenue of 29.01M in the next quarter.
In 2024, company’s earnings growth rate is likely to be around 155.73% while estimates for its earnings growth in next 5 years are of 6.59%.
NYMT Dividends
New York Mortgage Trust Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
