The growth track for New York Mortgage Trust Inc (NYMT) has changed recently

With 0.63 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.5 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $5.795 whereas the lowest price it dropped to was $5.68. The 52-week range on NYMT shows that it touched its highest point at $9.67 and its lowest point at $5.40 during that stretch. It currently has a 1-year price target of $7.70. With its current market cap of 524.46 million, NYMT has annualized dividend of $0.80 while the current yield stands at 13.82%. Beta for the stock currently stands at 1.95.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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 2.84%, but this was down by -14.35% over a month. Three-month performance dropped to -13.58% while six-month performance fell -15.10%. The stock lost -32.67% in the past year, while it has lost -32.12% so far this year. A look at the trailing 12-month EPS for NYMT yields -1.73 with Next year EPS estimates of 0.41. For the next quarter, that number is 0.01. This implies an EPS growth rate of -0.67% for this year and 141.54% for next year.

Float and Shares Shorts:

At present, 90.68 million NYMT shares are outstanding with a float of 89.15 million shares on hand for trading. On 2024-09-30, short shares totaled 2.34 million, which was 257.99999 higher than short shares on 1724976000. 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 0.59866 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.