With 0.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.65 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $6.64 whereas the lowest price it dropped to was $6.47. The 52-week range on NYMT shows that it touched its highest point at $10.06 and its lowest point at $5.65 during that stretch. It currently has a 1-year price target of $7.75. With its current market cap of 586.96 million, NYMT has annualized dividend of $0.90 while the current yield stands at 13.89%. Beta for the stock currently stands at 1.92.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NYMT was up-trending over the past week, with a rise of 0.31%, but this was up by 13.09% over a month. Three-month performance dropped to -5.40% while six-month performance fell -20.78%. The stock lost -34.10% in the past year, while it has lost -24.03% so far this year. A look at the trailing 12-month EPS for NYMT yields -1.86 with Next year EPS estimates of 0.41. For the next quarter, that number is 0.01. This implies an EPS growth rate of 39.32% for this year and 167.80% for next year.
Float and Shares Shorts:
At present, 90.68 million NYMT shares are outstanding with a float of 89.16 million shares on hand for trading. On 2024-07-15, short shares totaled 2.69 million, which was 295.0 higher than short shares on 1718323200. In addition to Mr. Steven R. Mumma CPA as the firm’s Executive Chairman, Mr. Jason T. Serrano serves as its CEO & Director.
Institutional Ownership:
Through their ownership of 0.55916 of NYMT’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NYMT since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
