Recent transactions by large investors in New York Mortgage Trust include:
- Waterfall Asset Management LLC: $1.73 million stake
- Los Angeles Capital Management LLC: $630,000 stake
- Mirae Asset Global Investments: Increased position by 0.7%, now owns 833,702 shares worth $6 million
- Sei Investments: Increased position by 11.8%, now owns 73,072 shares worth $526,000
- Van ECK Associates: Increased position by 1.3%, now owns 578,929 shares worth $4.17 million
54.89% of the stock is owned by institutional investors.
New York Mortgage Trust Stock Performance
NYMT stock opened at $5.58. The stock has:
- 50-day moving average: $6.29
- 200-day moving average: $6.34
- 12-month low: $5.40
- 12-month high: $9.67
Market cap: $509.05 million, P/E ratio: -3.02, beta: 1.94.
Dividend Announcement
The quarterly dividend of $0.20 per share will be paid on October 28 to shareholders on record as of September 30. This yields 14.34%, with an annualized payout of $0.80 and a DPR of -43.24%.
Analyst Ratings
Recent changes include:
- StockNews.com upgraded New York Mortgage Trust from “sell” to “hold” on September 28.
- Janney Montgomery Scott set a “neutral” rating and a $7 target price.
Overall, the consensus rating is “Hold” with a target price of $7.75.
View Our Latest Research Report on NYMT
Company Overview
New York Mortgage Trust, Inc. focuses on acquiring and managing mortgage-related assets in the U.S., including residential loans, multi-family properties, and mortgage-backed securities.
See Also
- Five stocks we like better than New York Mortgage Trust
- 3 Fintech Stocks With Good 2021 Prospects
- Misses and Beats: 3 Stocks That Are Moving Markets Right Now
- How to buy stock: A step-by-step guide for beginners
- Cisco on the Rise: AI Potential and Analyst Upgrades Drive Gains
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- MarketBeat Week in Review – 10/14 – 10/18
Subscribe for Daily News & Ratings of New York Mortgage Trust – Enter your email below for a daily summary of the latest news and analysts’ ratings for New York Mortgage Trust and similar companies with MarketBeat.com’s FREE daily email newsletter.
`
