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New York Mortgage Trust Q1 2024 Earnings Report

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$6.47 +0.10 (+1.57%)
(As of 01:40 PM ET)

New York Mortgage Trust EPS Results

Actual EPS
-$0.30
Consensus EPS
$0.12
Beat/Miss
Missed by -$0.42
One Year Ago EPS
$0.11

New York Mortgage Trust Revenue Results

Actual Revenue
$83.89 million
Expected Revenue
$19.64 million
Beat/Miss
Beat by +$64.25 million
YoY Revenue Growth
N/A

New York Mortgage Trust Announcement Details

Quarter
Q1 2024
Time
After Market Closes

Conference Call Resources

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New York Mortgage Trust Earnings Headlines

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About New York Mortgage Trust

New York Mortgage Trust (NASDAQ:NYMT) 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, including business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); single-family rental properties; and other mortgage, residential housing, and credit-related assets. The company also 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. New York Mortgage Trust, Inc. was incorporated in 2003 and is headquartered in New York, New York.

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