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New York Mortgage Trust Inc Stock Research

NYMT

9.74USD+0.59(+6.45%)Market Closed

Market Summary

USD9.74+0.59
Market Closed
6.45%

NYMT Alerts

NYMT Stock Price

NYMT RSI Chart

NYMT Valuation

Market Cap

3.6B

Price/Earnings (Trailing)

-11.9

Price/Sales (Trailing)

13.75

Price/Free Cashflow

-30.21

NYMT Price/Sales (Trailing)

NYMT Profitability

Return on Equity

-16.9%

Return on Assets

-4.78%

Free Cashflow Yield

-3.31%

NYMT Fundamentals

NYMT Revenue

Revenue (TTM)

258.4M

Revenue Y/Y

20.32%

Revenue Q/Q

-8.67%

NYMT Earnings

Earnings (TTM)

-298.6M

Earnings Y/Y

-203.89%

Earnings Q/Q

67.4%

Price Action

52 Week Range

2.0710.32
(Low)(High)

Last 7 days

-4.7%

Last 30 days

204.0%

Last 90 days

215.5%

Trailing 12 Months

176.8%

NYMT Financial Health

Debt/Equity

0.3

Debt/Cashflow

0.17

NYMT Investor Care

Dividend Yield

14.65%

Dividend/Share (TTM)

0.4

Buy Backs (1Y)

3.86%

Diluted EPS (TTM)

-0.9

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
119.4B
43.0B
-11.87% -8.27%
15.89
2.78
24.07% -6.77%
109.2B
20.8B
-25.95% -27.75%
15.21
5.26
12.11% 22.68%
105.5B
39.7B
-16.53% -3.22%
9.37
2.66
-24.93% -47.95%
95.4B
17.9B
-14.27% -10.09%
18.42
5.34
-7.75% -12.25%
MID-CAP
8.8B
2.8B
-14.82% -26.28%
5.12
3.18
40.13% -27.81%
5.7B
1.6B
-13.55% -16.26%
-4.81
3.6
16.83% -258.88%
5.4B
1.5B
-14.44% -21.11%
6.16
3.67
25.18% 94.64%
4.3B
4.7B
14.03% 22.72%
4.38
0.91
30.51% 22.06%
3.6B
258.4M
203.99% 176.76%
-11.9
13.75
24.91% -254.56%
3.1B
1.3B
-21.12% -38.43%
12.46
2.31
56.66% -40.69%
2.2B
239.7M
-27.22% -40.85%
52.33
9.06
12.46% -67.21%
SMALL-CAP
1.1B
909.6M
-17.87% -18.56%
-14.65
1.18
52.78% -228.90%
954.9M
482.4M
-16.25% -37.64%
-4.12
1.98
33.15% -170.42%
593.7M
106.1M
3.71% -40.45%
-5.1
5.6
-12.00% -241.10%
433.6M
194.5M
-20.29% -40.32%
-1.08
2.23
14.96% -347.69%

Financials for New York Mortgage Trust

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue4.3%258248231215207
Operating Expenses23.6%349282235161108
  S&GA Expenses1.6%52.0052.0052.0052.0049.00
EBITDA-225----
EBITDA Margin-1.09*----
EBT Margin-0.50*----
Interest Expenses22.9%129105122127128
Net Income-32.8%-298-224-57.9967.00193
Net Income Margin-27.3%-1.16*-0.91*-0.24*0.31*-
Free Cahsflow-38.5%-117-84.93-73.554.00-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-7.8%6,2416,7697,3006,5425,658
    Cash Equivalents-31.1%245355407304290
Liabilities-8.6%4,3774,7885,1354,2383,227
  Long Term Debt-62.2%5351,4181,2471,002-
Shareholder's Equity-7.8%1,7671,9182,1272,2502,341
  Retained Earnings-9.0%-1,052-965-802-681-559
  Additional Paid-In Capital-2.7%2,2802,3432,3542,3582,357
Shares Outstanding-2.2%365373379381379
Minority Interest-9.6%33.0037.0034.0032.0024.00
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-36.4%92.00144143152139
  Share Based Compensation1.6%12.0012.0011.0011.0010.00
Cashflow From Investing51.2%-508-1,042-1,287-681-132
Cashflow From Financing-51.5%4609481,29561327.00
  Dividend Payments-0.3%152152152152152
  Buy Backs52.4%44.0029.0010.000.00-

Risks for NYMT

What is the probability of a big loss on NYMT?

44.2%


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

37.7%


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.

Drawdowns

Returns for NYMT

Cumulative Returns on NYMT

15.6%


10-Year Cumulative Returns

24.5%


7-Year Cumulative Returns

21.0%


5-Year Cumulative Returns

41.7%


3-Year Cumulative Returns

What are the long-term rolling returns for NYMT?

FIve years rolling returns for New York Mortgage Trust.

Annualized Returns

Which funds bought or sold NYMT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
249
608,165
823,165
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-8.68
-
15,000
-%
2023-02-28
Voya Investment Management LLC
unchanged
-
34,324
401,324
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
25,000
291,000
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
4.08
1,526
9,526
-%
2023-02-21
MACQUARIE GROUP LTD
sold off
-
-13,000
-
-%
2023-02-17
Coppell Advisory Solutions Corp.
new
-
253
253
-%
2023-02-16
HARBOUR INVESTMENTS, INC.
reduced
-1.00
-1,273
16,727
-%
2023-02-15
MetLife Investment Management, LLC
reduced
-10.31
-8,763
463,237
-%
2023-02-15
Front Row Advisors LLC
new
-
-
-
-%

1–10 of 45

Latest Funds Activity

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

New York Mortgage Trust News

MarketBeat

New York Mortgage Trust (NASDAQ:NYMT) Price Target Increased ....

MarketBeat,
2 days ago

InvestorsObserver

InvestorsObserver

Investing.com India

Schedule 13G FIlings of New York Mortgage Trust

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
6.73%
24,967,740
SC 13G/A
Jan 23, 2023
blackrock inc.
17.6%
65,364,742
SC 13G/A
Jan 28, 2022
blackrock inc.
17.9%
67,850,913
SC 13G/A
Feb 10, 2021
vanguard group inc
6.20%
23,436,600
SC 13G/A
Jan 25, 2021
blackrock inc.
17.8%
67,272,359
SC 13G
Apr 09, 2020
ubs group ag
5%
5
SC 13G/A
Feb 12, 2020
vanguard group inc
5.62%
16,382,396
SC 13G/A
Feb 11, 2020
ubs group ag
5.88%
17,118,545
SC 13G
Feb 04, 2020
blackrock inc.
16.9%
48,699,160
SC 13G/A

NYMT Fair Value

New York Mortgage Trust fair value in different scenarios

The table shows the Fair Value estimates for New York Mortgage Trust for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

1.34

-86.24%

1.48

-84.80%

2.10

-78.44%

2.72

-72.07%

3.36

-65.50%
Current Inflation

1.31

-86.55%

1.43

-85.32%

1.97

-79.77%

2.51

-74.23%

3.06

-68.58%
Very High Inflation

1.27

-86.96%

1.37

-85.93%

1.82

-81.31%

2.26

-76.80%

2.70

-72.28%

Historical New York Mortgage Trust Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of New York Mortgage Trust

View All Filings
Date Filed Form Type Document
Mar 09, 2023
8-K
Current Report
Mar 07, 2023
8-K
Current Report
Feb 24, 2023
10-K
Annual Report
Feb 22, 2023
8-K
Current Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 07, 2023
4
Insider Trading
Feb 07, 2023
4
Insider Trading
Feb 07, 2023
4
Insider Trading
Feb 07, 2023
4
Insider Trading
Feb 07, 2023
4
Insider Trading

Latest Insider Trading transactions for NYMT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-04
Mumma Steven R
sold (taxes)
-133,794
3.16
-42,340
-
2023-02-04
Nario-Eng Kristine Rimando
sold (taxes)
-16,763
3.16
-5,305
chief financial officer
2023-02-04
Serrano Jason T
sold (taxes)
-113,833
3.16
-36,023
chief executive officer
2023-02-04
Mah Nicholas
sold (taxes)
-58,678
3.16
-18,569
president
2023-02-04
Reese Nathan R
sold (taxes)
-14,997
3.16
-4,746
chief operating officer
2023-01-27
Mumma Steven R
sold (taxes)
-346,710
3.09
-112,204
-
2023-01-27
Reese Nathan R
sold (taxes)
-59,155
3.09
-19,144
chief operating officer
2023-01-27
Mah Nicholas
sold (taxes)
-197,293
3.09
-63,849
president
2023-01-27
Serrano Jason T
acquired
-
-
260,288
chief executive officer
2023-01-27
Nario-Eng Kristine Rimando
sold (taxes)
-100,246
3.09
-32,442
chief financial 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

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
NET INTEREST INCOME:   
Interest income$ 258,388$ 206,866$ 350,161
Interest expense129,41979,284223,068
Total net interest income128,969127,582127,093
NON-INTEREST (LOSS) INCOME:   
Realized gains (losses), net27,54921,451(148,058)
Realized loss on de-consolidation of Consolidated K-Series00(54,118)
Unrealized (losses) gains, net(321,081)95,649(160,161)
Income from equity investments15,07433,89626,670
Impairment of goodwill00(25,222)
Other income16,2895,515678
Income from real estate   
Rental income126,29314,303408
Other real estate income15,36392711
Total income from real estate141,65615,230419
Total non-interest (loss) income(120,513)171,741(359,792)
GENERAL, ADMINISTRATIVE AND OPERATING EXPENSES:   
General and administrative expenses52,44048,90842,228
Portfolio operating expenses40,88826,66811,572
Expenses related to real estate   
Interest expense, mortgages payable on real estate56,0113,9640
Depreciation and amortization126,82419,250386
Other real estate expenses72,4009,599377
Total expenses related to real estate255,23532,813763
Total general, administrative and operating expenses348,563108,38954,563
(LOSS) INCOME FROM OPERATIONS BEFORE INCOME TAXES(340,107)190,934(287,262)
Income tax expense5422,458981
NET (LOSS) INCOME(340,649)188,476(288,243)
Net loss (income) attributable to non-controlling interests42,0444,724(267)
NET (LOSS) INCOME ATTRIBUTABLE TO COMPANY(298,605)193,200(288,510)
Preferred stock dividends(41,972)(42,859)(41,186)
Preferred stock redemption charge0(6,165)0
Net (loss) income attributable to Company’s common stockholders(340,577)144,176(329,696)
NET (LOSS) INCOME ATTRIBUTABLE TO COMPANY'S COMMON STOCKHOLDERS$ (340,577)$ 144,176$ (329,696)
Basic earnings (loss) per common share (in USD per share)$ (0.90)$ 0.38$ (0.89)
Diluted earnings (loss) per common share (in USD per share)$ (0.90)$ 0.38$ (0.89)
Weighted average shares outstanding-basic (in shares)377,287379,232371,004
Weighted average shares outstanding-diluted (in shares)377,287380,968371,004

NYMT Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS  
Investment securities available for sale, at fair value$ 99,559$ 200,844
Equity investments, at fair value179,746239,631
Cash and cash equivalents244,718289,602
Real estate, net692,9681,017,583
Assets of disposal group held for sale1,151,7840
Other assets259,356215,019
Total assets[1]6,240,7455,658,301
Liabilities:  
Convertible notes0137,898
Senior unsecured notes97,38496,704
Subordinated debentures45,00045,000
Mortgages payable on real estate, net394,707709,356
Liabilities of disposal group held for sale883,8120
Other liabilities115,991161,081
Total liabilities[1]4,376,6343,226,519
Commitments and Contingencies (See Note 14)
Redeemable Non-Controlling Interest in Consolidated Variable Interest Entities63,80366,392
Stockholders' Equity:  
Preferred stock, par value $0.01 per share, 31,500,000 and 29,500,000 shares authorized as of December 31, 2022 and December 31, 2021, respectively, 22,284,994 shares issued and outstanding as of December 31, 2022 and December 31, 2021 ($557,125 aggregate liquidation preference as of December 31, 2022 and December 31, 2021)538,351538,221
Common stock, par value $0.01 per share, 800,000,000 shares authorized, 364,774,752 and 379,405,240 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively3,6483,794
Additional paid-in capital2,279,9552,356,576
Accumulated other comprehensive (loss) income(1,970)1,778
Accumulated deficit(1,052,768)(559,338)
Company's stockholders' equity1,767,2162,341,031
Non-controlling interests33,09224,359
Total equity1,800,3082,365,390
Total Liabilities and Equity6,240,7455,658,301
Repurchase agreements  
Repurchase agreements737,023554,259
Collateralized debt obligations  
Collateralized debt obligations ($634,495 at fair value and $1,468,222 at amortized cost, net as of December 31, 2022 and $839,419 at fair value and $682,802 at amortized cost, net as of December 31, 2021)2,102,7171,522,221
Residential loans  
Residential loans, at fair value3,525,0803,575,601
Multi-family loans  
Multi-family loans, at fair value$ 87,534$ 120,021
[1]Our 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 December 31, 2022 and December 31, 2021, assets of consolidated VIEs totaled $4,261,097 and $2,940,513, respectively, and the liabilities of consolidated VIEs totaled $3,403,257 and $2,235,665, respectively. See Note 7for further discussion.