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NYMT

2.88USD+0.06(+2.13%)Market Closed

New York Mortgage Trust Inc

Market Summary

USD2.88+0.06Market Closed
2.13%

NYMT Alerts

NYMT Stock Price

RSI Chart

Valuation

Market Cap

1.0B

Price/Earnings

-17.78

Price/Sales

4.46

Price/Cashflow

7.19

MarketCap/EBT

11.1

Price/Sales

Profitability

Return on Equity

-2.77%

Return on Assets

-0.79%

Fundamentals

Revenue

Revenue (TTM)

260.6M

Revenue Y/Y

31.72%

Revenue Q/Q

1.32%

Earnings

Earnings (TTM)

-224.8M

Earnings Y/Y

-323.51%

Earnings Q/Q

-60.34%

Price Action

52 Week Range

2.073.50
(Low)(High)

Last 7 days

2.6%

Last 30 days

6.4%

Last 90 days

5.8%

Trailing 12 Months

-16.5%

Financial Health

Debt/Equity

0.68

Debt/Cashflow

0.1

Investor Care

Dividend Yield

14.65%

Dividend/Share (TTM)

0.4

Buy Backs (1Y)

1.62%

Diluted EPS (TTM)

-0.71

Peers (Alternatives to New York Mortgage Trust)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
152.0B
20.0B
2.23% 1.39%
24.13
7.98
11.04% 25.60%
116.7B
42.0B
1.40% -4.94%
7.21
2.64
60.13% -37.54%
112.4B
36.7B
6.90% -2.47%
14.67
2.7
36.20% -1.52%
100.1B
18.6B
8.25% -19.69%
17.14
5.16
-0.55% -4.20%
MID-CAP
7.5B
2.1B
15.15% -27.76%
1.96
3.51
-4.46% 14.21%
6.4B
1.3B
-1.33% -16.59%
8.51
5.31
11.01% 77.63%
4.3B
1.1B
-4.46% -17.91%
10.35
3.79
48.48% 10.89%
4.3B
1.4B
16.05% -30.64%
-4.75
3.38
-17.93% -296.46%
3.6B
5.0B
14.03% 22.72%
3.34
0.72
76.11% 65.79%
2.4B
235.1M
11.90% -44.14%
27.66
10.68
12.85% 38.97%
SMALL-CAP
1.3B
835.4M
6.35% -7.92%
-8.84
1.51
87.26% -148.85%
1.0B
260.6M
6.42% -16.53%
-17.78
4.46
29.80% -194.70%
1.0B
445.4M
6.68% -31.41%
-153.63
2.47
40.53% -158.74%
785.2M
116.8M
-32.03% -54.70%
10.08
6.53
-4.08% -28.93%
387.7M
179.3M
6.96% -49.56%
-1.12
2.24
10.55% -617.70%

Financials for New York Mortgage Trust

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q32021Q2
Revenue9.3%261238217201194
Operating Expenses20.5%27823115784
  S&GA Expenses-1.6%52525246
Net Income-287.7%-224.85-57.9967237
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-7.3%6,7697,3006,5425,6424,913
    Cash Equivalents-12.7%355407304290409
Liabilities-6.8%4,7885,1354,2383,2102,550
  Long Term Debt-62.2%5351,4181,2471,002487
Shareholder's Equity-8.4%1,9182,0932,2182,3412,358
  Retained Earnings-20.4%-965.79-802.45-681.91-559.34-543.76
  Additional Paid-In Capital-0.5%2,3432,3542,3582,3572,353
Shares Outstanding-1.5%373379381379379
Minority Interest7.4%373432245
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations0.7%144143152139112
  Share Based Compensation9.0%1211111010
Cashflow From Investing19.0%-1,042.78-1,287.37-681.37-133.03-203.29
Cashflow From Financing-26.8%9481,29561327-182.81
  Dividend Payments0.1%152152152152142
  Buy Backs190.7%44150
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on NYMT?

38.9%


Probability that New York Mortgage Trust stock will be more than 20% underwater in next one year

32.3%


Probability that New York Mortgage Trust stock will be more than 30% underwater in next one year.

28.5%


Probability that New York Mortgage Trust stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NYMT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if New York Mortgage Trust was unfortunately bought at previous high price.

Returns

Cumulative Returns on NYMT

4.7%


10-Year Cumulative Returns

3.0%


7-Year Cumulative Returns

-5.0%


5-Year Cumulative Returns

-15.2%


3-Year Cumulative Returns

What are the long-term rolling returns for NYMT?

FIve years rolling returns for New York Mortgage Trust.

Which funds bought or sold NYMT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
266,000
266,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-0.77
-211,000
1,119,000
-%
2022-11-17
M&T Bank Corp
ADDED
0.46
-4,000
24,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
NEW
-
107,000
107,000
-%
2022-11-16
GLENMEDE TRUST CO NA
REDUCED
-2.51
-2,000
11,000
-%
2022-11-15
BNP PARIBAS ARBITRAGE, SNC
ADDED
52.1
93,272
415,444
-%
2022-11-15
JANE STREET GROUP, LLC
REDUCED
-16.96
-251,000
596,000
-%
2022-11-15
HARBOUR INVESTMENTS, INC.
UNCHANGED
-
-
18,000
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
ALLIANCEBERNSTEIN L.P.
REDUCED
-
-229,000
1,277,000
-%

1–10 of 44

Latest Funds Activity

Are funds buying NYMT calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own NYMT

New York Mortgage Trust News

Stocks Register

New York Mortgage Trust Inc. (NASDAQ: NYMT) Jumps 0.53 Percent In Recent Trading, What Questions Do You Have?.5 hours ago

Seeking Alpha

Seeking Alpha

NYMT Fair Value

Recent SEC filings of New York Mortgage Trust

View All Filings
Date Filed Form Type Document
Nov 22, 2022
8-K
Current Report
Nov 04, 2022
10-Q
Quarterly Report
Nov 02, 2022
8-K
Current Report
Oct 19, 2022
UPLOAD
UPLOAD
Oct 17, 2022
8-K
Current Report
Oct 13, 2022
CORRESP
CORRESP
Sep 29, 2022
UPLOAD
UPLOAD
Sep 19, 2022
CORRESP
CORRESP
Sep 16, 2022
8-K
Current Report
Sep 01, 2022
UPLOAD
UPLOAD

Latest Insider Trading transactions for NYMT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-06-09
Clement Michael B.
ACQUIRED
-
-
38,586
-
2022-06-06
Clement Michael B.
ACQUIRED
-
-
38,586
-
2022-06-06
Cheng Gena
ACQUIRED
-
-
38,586
-
2022-06-06
Pendergast Lisa A
ACQUIRED
-
-
38,586
-
2022-06-06
Greenberg Audrey
ACQUIRED
-
-
38,586
-
2022-06-06
Norcutt Steven G
ACQUIRED
-
-
38,586
-
2022-02-04
Serrano Jason T
SOLD (Taxes)
-130,738
3.63
-36,016
Chief Executive Officer
2022-01-27
Reese Nathan R
ACQUIRED
-
-
70,199
Chief Operating Officer
2022-01-27
Nario-Eng Kristine Rimando
ACQUIRED
-
-
98,706
Chief Financial Officer
2022-01-27
Serrano Jason T
SOLD (Taxes)
-315,850
3.72
-84,906
Chief Executive Officer

1–10 of 50

Jason T. Serrano
60
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.

NYMT Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
NET INTEREST INCOME:    
Interest income$ 68,920$ 52,323$ 195,441$ 154,548
Interest expense54,69921,292125,21261,702
Total net interest income (expense)14,22131,03170,22992,846
NON-INTEREST (LOSS) INCOME:    
Realized gains, net20,5958,31426,78820,361
Unrealized (losses) gains, net(128,056)30,138(279,408)80,157
(Loss) income from equity investments(3,098)8,01511,05622,021
Income from real estate40,7843,980102,2437,626
Other income (loss)12,747(1,035)15,2752,244
Total non-interest (loss) income(57,028)49,412(124,046)132,409
GENERAL, ADMINISTRATIVE AND OPERATING EXPENSES:    
General and administrative expenses11,61012,45839,14336,419
Expenses related to real estate53,6838,549172,43115,386
Portfolio operating expenses10,1247,03932,30318,558
Total general, administrative and operating expenses75,41728,046243,87770,363
(LOSS) INCOME FROM OPERATIONS BEFORE INCOME TAXES(118,224)52,397(297,694)154,892
Income tax (benefit) expense(330)1,215(262)1,296
NET (LOSS) INCOME(117,894)51,182(297,432)153,596
Net loss attributable to non-controlling interest in consolidated variable interest entities2,61739436,4093,428
NET (LOSS) INCOME ATTRIBUTABLE TO COMPANY(115,277)51,576(261,023)157,024
Preferred stock dividends(10,493)(11,272)(31,478)(31,865)
Preferred stock redemption charge0(3,443)0(3,443)
NET (LOSS) INCOME ATTRIBUTABLE TO COMPANY'S COMMON STOCKHOLDERS$ (125,770)$ 36,861$ (292,501)$ 121,716
Basic (loss) earnings per common share (in dollars per share)$ (0.33)$ 0.10$ (0.77)$ 0.32
Diluted (loss) earnings per common share (in dollars per share)$ (0.33)$ 0.10$ (0.77)$ 0.32
Weighted average shares outstanding-basic (in shares)377,078379,395379,677379,193
Weighted average shares outstanding-diluted (in shares)377,078380,983379,677381,105

NYMT Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS  
Investment securities available for sale, at fair value$ 102,686$ 200,844
Equity investments, at fair value205,814239,631
Cash and cash equivalents355,276289,602
Real estate, net695,7381,017,583
Assets of disposal group held for sale1,147,4100
Other assets233,540215,019
Total Assets[1]6,769,4695,658,301
Liabilities:  
Convertible notes0137,898
Senior unsecured notes97,21096,704
Subordinated debentures45,00045,000
Mortgages payable on real estate, net387,761709,356
Liabilities of disposal group held for sale875,5760
Other liabilities197,189161,081
Total Liabilities[1]4,787,5633,226,519
Commitments and Contingencies (See Note 14)
Redeemable Non-Controlling Interest in Consolidated Variable Interest Entities27,78666,392
Stockholders' Equity:  
Preferred stock, par value $0.01 per share, 31,500,000 and 29,500,000 shares authorized as of September 30, 2022 and December 31, 2021, respectively, 22,284,994 shares issued and outstanding ($557,125 aggregate liquidation preference)538,221538,221
Common stock, par value $0.01 per share, 800,000,000 shares authorized, 373,150,076 and 379,405,240 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively3,7323,794
Additional paid-in capital2,343,3952,356,576
Accumulated other comprehensive (loss) income(2,054)1,778
Accumulated deficit(965,788)(559,338)
Company's stockholders' equity1,917,5062,341,031
Non-controlling interest in consolidated variable interest entities36,61424,359
Total equity1,954,1202,365,390
Total Liabilities and Equity6,769,4695,658,301
VIE, Primary Beneficiary  
ASSETS  
Total Assets4,076,2932,940,513
Liabilities:  
Total Liabilities3,282,4352,235,665
Repurchase agreements  
Liabilities:  
Repurchase agreements1,215,023554,259
Collateralized Debt Obligations  
Liabilities:  
Collateralized debt obligations ($660,069 at fair value and $1,309,735 at amortized cost, net as of September 30, 2022 and $839,419 at fair value and $682,802 at amortized cost, net as of December 31, 2021)1,969,8041,522,221
Residential loans, at fair value  
ASSETS  
Residential loans, at fair value3,933,1763,575,601
Multi-family loans  
ASSETS  
Multi-family loans, at fair value$ 95,829$ 120,021
[1]Our condensed consolidated balance sheets include assets and liabilities of consolidated variable interest entities ("VIEs") as the Company is the primary beneficiary of these VIEs. As of September 30, 2022 and December 31, 2021, assets of consolidated VIEs totaled $4,076,293 and $2,940,513, respectively, and the liabilities of consolidated VIEs totaled $3,282,435 and $2,235,665, respectively. See Note 7for further discussion.