New York Mortgage Trust (NASDAQ:NYMT - Get Free Report) is expected to issue its quarterly earnings data after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $20.06 million for the quarter. Parties that wish to listen to the company's conference call can do so using this link.
New York Mortgage Trust Stock Performance
NASDAQ:NYMT traded up $0.06 during mid-day trading on Friday, reaching $6.15. 351,040 shares of the company's stock were exchanged, compared to its average volume of 520,654. New York Mortgage Trust has a one year low of $5.14 and a one year high of $7.64. The firm has a market capitalization of $557.07 million, a PE ratio of -18.64 and a beta of 1.92. The business's fifty day simple moving average is $6.06 and its two-hundred day simple moving average is $6.09. The company has a debt-to-equity ratio of 7.24, a quick ratio of 8.25 and a current ratio of 8.25.
New York Mortgage Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, January 23rd. Investors of record on Friday, December 20th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 13.01%. The ex-dividend date was Friday, December 20th. New York Mortgage Trust's dividend payout ratio is -242.42%.
Analyst Upgrades and Downgrades
NYMT has been the topic of a number of recent research reports. StockNews.com raised shares of New York Mortgage Trust from a "sell" rating to a "hold" rating in a research report on Friday. B. Riley lowered their price target on shares of New York Mortgage Trust from $11.00 to $8.00 and set a "buy" rating on the stock in a research report on Tuesday, January 7th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $7.00.
Get Our Latest Analysis on New York Mortgage Trust
About New York Mortgage Trust
(
Get Free Report)
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, 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.
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