-0.17%
-1.79%
5.42%
-5.04%
-24.34%
-59.58%
-76.26%
AI Spotlight on NYMT
Company 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.
Market Data
| Last Price | 6.03 |
| Change Percentage | -0.17% |
| Open | 6.02 |
| Previous Close | 6.04 |
| Market Cap ( Millions) | 546 |
| Volume | 596531 |
| Year High | 7.68 |
| Year Low | 5.14 |
| M A 50 | 6.06 |
| M A 200 | 6.17 |
Financial Ratios
| FCF Yield | -3.86% |
| Dividend Yield | 13.27% |
| ROE | 0.06% |
| Debt / Equity | 242.73% |
| Net Debt / EBIDTA | 3041.71% |
| Price To Book | 0.38 |
| Price Earnings Ratio | 662.88 |
| Price To FCF | -25.93 |
| Price To sales | 1.53 |
| EV / EBITDA | 35.44 |
News
- Jan -30 - New York Mortgage Trust Announces Tax Treatment of 2024 Dividend Distributions
- Jan -30 - NYMTG: A 9.125% Senior Note IPO From New York Mortgage Trust
- Jan -28 - New York Mortgage Trust 2024 Fourth Quarter Conference Call Scheduled for Thursday, February 20, 2025
- Jan -27 - Preferreds Weekly Review: Floater Yield Confusion And Redemption Likelihood
- Jan -23 - Past Time To Take Gains On These Big Yielders
- Jan -20 - Preferreds Weekly Review: Shifting Rate Expectations Scramble Relative Value
- Jan -15 - High Yield REITs Whacked By Higher Rates
- Jan -08 - New York Mortgage Trust, Inc. Announces Pricing of Public Offering of Senior Notes
- Jan -01 - How Much Upside is Left in New York Mortgage Trust (NYMT)? Wall Street Analysts Think 25.41%
- Dec -10 - New York Mortgage Trust Declares Fourth Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends
- Nov -08 - New York Mortgage Trust: Updating Our Allocation As The Company Derisks
- Oct -31 - New York Mortgage Trust, Inc. (NYMT) Q3 2024 Earnings Call Transcript
- Oct -30 - New York Mortgage Trust (NYMT) Beats Q3 Earnings Estimates
- Oct -30 - New York Mortgage Trust Reports Third Quarter 2024 Results
- Oct -30 - These 15 Stocks Are Among the Top Dividend Payers in the Wilshire 5000
- Oct -22 - These 15 Stocks Are Among the Top Dividend Payers on the NASDAQ
- Oct -17 - 3 Shares Yielding Over 9%
- Oct -16 - New York Mortgage Trust 2024 Third Quarter Conference Call Scheduled for Thursday, October 31, 2024
- Oct -16 - These 15 Stocks Are Among the Top Dividend Payers in the Russell 2000
- Oct -02 - 5 New Stocks Under $10 That Pay Huge Ultra-Yield Dividends of 10% and More
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Real Estate Investment Trust
Expected Growth : 6.0 %
What the company do ?
New York Mortgage Trust, Inc. is a Real Estate Investment Trust (REIT) that acquires, invests in, finances, and manages mortgage-related and residential housing-related assets.
Why we expect these perspectives ?
New York Mortgage Trust's 6.0% growth is driven by increasing demand for mortgage-backed securities, expansion into new markets, and strategic investments in distressed debt. Additionally, the company's diversified portfolio, strong asset management, and efficient cost structure contribute to its growth. Furthermore, the low-interest-rate environment and government support for the housing market also boost the company's growth prospects.
New York Mortgage Trust, Inc. Products
| Product Range | What is it ? |
|---|---|
| Residential Mortgage Loans | New York Mortgage Trust, Inc. originates and acquires residential mortgage loans, including non-qualified mortgage loans, and other mortgage-related assets. |
| Multi-Family Commercial Mortgage Loans | The company invests in multi-family commercial mortgage loans, which are secured by apartment buildings and other commercial properties. |
| Construction Loans | New York Mortgage Trust, Inc. provides construction loans for the development of residential and commercial properties. |
| Mezzanine Loans | The company offers mezzanine loans, which are a type of hybrid debt that combines features of debt and equity. |
| Preferred Equity | New York Mortgage Trust, Inc. invests in preferred equity, which is a type of hybrid security that combines features of debt and equity. |
| Non-Agency Residential Mortgage-Backed Securities | The company invests in non-agency residential mortgage-backed securities, which are backed by residential mortgage loans. |
| Other Mortgage-Related Assets | New York Mortgage Trust, Inc. invests in other mortgage-related assets, including mortgage servicing rights and mortgage-backed securities. |
New York Mortgage Trust, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for New York Mortgage Trust, Inc. is medium due to the presence of alternative investment options for investors.
Bargaining Power Of Customers
The bargaining power of customers for New York Mortgage Trust, Inc. is low due to the company's diversified investor base and lack of concentration.
Bargaining Power Of Suppliers
The bargaining power of suppliers for New York Mortgage Trust, Inc. is medium due to the company's dependence on a few large mortgage servicers.
Threat Of New Entrants
The threat of new entrants for New York Mortgage Trust, Inc. is high due to the relatively low barriers to entry in the mortgage REIT industry.
Intensity Of Rivalry
The intensity of rivalry for New York Mortgage Trust, Inc. is high due to the competitive nature of the mortgage REIT industry and the presence of several established players.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 76.94% |
| Debt Cost | 3.95% |
| Equity Weight | 23.06% |
| Equity Cost | 13.60% |
| WACC | 6.17% |
| Leverage | 333.57% |
New York Mortgage Trust, Inc. : Quality Control
New York Mortgage Trust, Inc. passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ACRE | Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate (CRE) loans and related investments in the United States. The company provides a range … |
| TRTX | TPG RE Finance Trust, Inc., a commercial real estate finance company, originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in the United States. It … |
| CMTG | Claros Mortgage Trust, Inc. is a real estate investment trust that focuses primarily on originating senior and subordinate loans on transitional commercial real estate assets located in principal markets across … |
| AJX | Great Ajax Corp., real estate company, acquires, invests in, and manages a portfolio of residential mortgage and small balance commercial mortgage loans. The company also holds real estate owned properties … |
| CIM | Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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TPG RE Finance Trust
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Chimera Investment
A-Score
1-Year Total Return ->
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Ares Commercial Real Estate
A-Score
1-Year Total Return ->
4
Great Ajax
A-Score
1-Year Total Return ->
5
New York Mortgage Trust
A-Score
1-Year Total Return ->
6
