In the latest trading session,, 0.42 million New York Mortgage Trust Inc (NASDAQ:NYMT) shares changed hands as the company’s beta touched 1.29. With the company’s most recent per share price at $5.82 changing hands around $0.18 or 3.19% at last look, the market valuation stands at $527.10M. NYMT’s current price is a discount, trading about -23.54% off its 52-week high of $7.19. The share price had its 52-week low at $5.01, which suggests the last value was 13.92% up since then. When we look at New York Mortgage Trust Inc’s average trading volume, we note the 10-day average is 0.65 million shares, with the 3-month average coming to 751.43K.
Analysts gave the New York Mortgage Trust Inc (NYMT) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.14. If we narrow down to specifics, the data shows that 1 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended NYMT as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. New York Mortgage Trust Inc’s EPS for the current quarter is expected to be 0.1.
New York Mortgage Trust Inc (NASDAQ:NYMT) trade information
Instantly NYMT is in green as seen in intraday trades today. With action 8.99%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -3.96%, with the 5-day performance at 8.99% in the green. However, in the 30-day time frame, New York Mortgage Trust Inc (NASDAQ:NYMT) is -12.48% down. Looking at the short shares, we see there were 1.63 million shares sold at short interest cover period of 1.9 days.
The consensus price target for the stock as assigned by Wall Street analysts is 12, meaning bulls need an upside of 51.5% from its recent market value. According to analyst projections, NYMT’s forecast low is 11 with 14 as the target high. To hit the forecast high, the stock’s price needs a -140.55% plunge from its current level, while the stock would need to soar -89.0% for it to hit the projected low.
New York Mortgage Trust Inc (NYMT) estimates and forecasts
Year-over-year growth is forecast to reach 65.51% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 30.48M. 3 analysts are of the opinion that New York Mortgage Trust Inc’s revenue for the current quarter will be 32.11M. The company’s revenue for the corresponding quarters a year ago was 17.86M and 19.04M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 70.65%. The estimates for the next quarter sales put growth at 68.59%.
The 2025 estimates are for New York Mortgage Trust Inc earnings to increase by 148.91%.
NYMT Dividends
New York Mortgage Trust Inc is expected to release its next quarterly earnings report on 2025-Feb-18. The 13.75% annual yield figure for the share gives it an annual dividend of 0.80. It is important to note, however, that the 13.75% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 14.26 per year.
New York Mortgage Trust Inc (NASDAQ:NYMT)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 7.22% of New York Mortgage Trust Inc shares while 60.10% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 64.78%. There are 60.10% institutions holding the New York Mortgage Trust Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 16.5719% of the shares, roughly 15.08 million NYMT shares worth $88.06 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 6.7659% or 6.16 million shares worth $35.95 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were iShares Trust-iShares Core S&P Small-Cap ETF and ALLSPRING FUNDS TRUST-Allspring Special Small Cap Value Fund . With 5.7 shares estimated at $32.97 million under it, the former controlled 6.30% of total outstanding shares. On the other hand, ALLSPRING FUNDS TRUST-Allspring Special Small Cap Value Fund held about 3.22% of the shares, roughly 2.91 shares worth around $16.83 million.
