Grufity logoGrufity logo
StocksFundsSearch FilingsAPI

New York Mortgage Trust Inc Stock Research

NYMT

8.72USD+0.26(+3.07%)Market Closed
Watchlist

Market Summary

USD8.72+0.26
Market Closed
3.07%

NYMT Alerts

  • Big fall in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)
  • Losses in recent quarter

NYMT Stock Price

NYMT RSI Chart

NYMT Valuation

Market Cap

795.7M

Price/Earnings (Trailing)

-5.01

Price/Sales (Trailing)

3.23

Price/Free Cashflow

-11.93

NYMT Price/Sales (Trailing)

NYMT Profitability

Return on Equity

-11.73%

Return on Assets

-3.3%

Free Cashflow Yield

-8.39%

NYMT Fundamentals

NYMT Revenue

Revenue (TTM)

246.5M

Revenue Y/Y

-15.41%

Revenue Q/Q

0.71%

NYMT Earnings

Earnings (TTM)

-158.9M

Earnings Y/Y

62.55%

Earnings Q/Q

-229.07%

Price Action

52 Week Range

7.6612.43
(Low)(High)

Last 7 days

-9.3%

Last 30 days

-4.1%

Last 90 days

-9.6%

Trailing 12 Months

-6.5%

NYMT Financial Health

Debt/Equity

0.3

Debt/Cashflow

0.17

NYMT Investor Care

Buy Backs (1Y)

4.25%

Diluted EPS (TTM)

-2.14

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for NYMT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-06-13
Pendergast Lisa A
acquired
-
-
11,953
-
2023-06-13
Clement Michael B.
acquired
-
-
11,953
-
2023-06-13
Cheng Gena
acquired
-
-
11,953
-
2023-06-13
Greenberg Audrey
acquired
-
-
11,953
-
2023-06-13
Mumma Steven R
acquired
-
-
11,953
-
2023-06-13
Norcutt Steven G
acquired
-
-
11,953
-
2023-02-04
Nario-Eng Kristine Rimando
sold (taxes)
-16,763
3.16
-5,305
chief financial officer
2023-02-04
Reese Nathan R
sold (taxes)
-14,997
3.16
-4,746
chief operating officer
2023-02-04
Mah Nicholas
sold (taxes)
-58,678
3.16
-18,569
president
2023-02-04
Serrano Jason T
sold (taxes)
-113,833
3.16
-36,023
chief executive officer

1–10 of 50

Which funds bought or sold NYMT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-20
BARCLAYS PLC
added
10.57
48,000
526,000
-%
2023-09-12
Farther Finance Advisors, LLC
unchanged
-
-
149
-%
2023-08-21
OSAIC HOLDINGS, INC.
added
21.49
117,156
675,112
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-4.47
-56,031
1,098,230
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
5.68
15,000
298,000
-%
2023-08-17
Coppell Advisory Solutions LLC
new
-
139
139
-%
2023-08-16
Nuveen Asset Management, LLC
reduced
-1.41
-40,367
2,205,630
-%
2023-08-15
Parkside Financial Bank & Trust
added
3.82
106
3,234
-%
2023-08-15
ALLIANCEBERNSTEIN L.P.
unchanged
-
-4,875
1,208,970
-%
2023-08-15
WELLS FARGO & COMPANY/MN
added
89.02
372,391
794,299
-%

1–10 of 47

Latest Funds Activity

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

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

Recent SEC filings of New York Mortgage Trust

View All Filings
Date Filed Form Type Document
Sep 11, 2023
8-K
Current Report
Aug 21, 2023
UPLOAD
UPLOAD
Aug 04, 2023
10-Q
Quarterly Report
Aug 02, 2023
8-K
Current Report
Aug 01, 2023
CORRESP
CORRESP
Jun 14, 2023
4
Insider Trading
Jun 14, 2023
4
Insider Trading
Jun 14, 2023
4
Insider Trading
Jun 14, 2023
4
Insider Trading
Jun 14, 2023
4
Insider Trading

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
112.7B
45.6B
-3.99% 7.44%
15.14
2.47
15.43% -2.20%
108.5B
50.2B
1.72% 6.23%
12.26
2.16
62.27% -45.33%
100.4B
20.8B
-4.95% -22.80%
14.58
4.83
9.06% 9.27%
98.6B
17.4B
-2.75% 11.48%
19.01
5.68
-10.46% -11.12%
MID-CAP
9.8B
3.2B
1.69% -11.31%
-5.33
3.05
50.53% -148.14%
6.2B
1.9B
0.91% -10.40%
11.21
3.36
52.80% -26.62%
5.9B
1.5B
1.34% -6.29%
197.28
3.87
7.23% 103.33%
3.9B
1.8B
5.91% -17.64%
13.99
2.1
85.45% -31.23%
3.7B
3.5B
- -
9.73
0.99
-31.43% -31.90%
2.5B
261.9M
12.53% -26.90%
48.48
9.67
16.99% -39.64%
795.7M
246.5M
-4.07% -6.47%
-5.01
3.23
6.65% -174.04%
SMALL-CAP
1.1B
662.5M
-3.57% -8.85%
10.58
1.63
-20.69% 171.40%
1.0B
543.3M
-3.23% 5.22%
-715.94
1.91
31.74% 78.13%
635.0M
103.7M
-1.83% -30.88%
-4.89
6.12
-14.84% -262.02%
453.8M
248.5M
-4.68% -23.04%
-11.51
1.83
44.75% 88.57%

New York Mortgage Trust News

InvestorsObserver
New York Mortgage Trust Inc (NYMT) Stock: What Does the Chart Say Wednesday?.
InvestorsObserver,
2 days ago
Investment U

Returns for NYMT

Cumulative Returns on NYMT

1.4%


10-Year Cumulative Returns

-3.5%


7-Year Cumulative Returns

-9.9%


5-Year Cumulative Returns

4.4%


3-Year Cumulative Returns

Risks for NYMT

What is the probability of a big loss on NYMT?

54.6%


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

48.1%


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

Financials for New York Mortgage Trust

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-4.1%247257258248231215207201194190350504638757695624554495456429410
Operating Expenses-10.6%32236034930225516810884.0069.0060.0055.0054.0053.0051.0050.0051.0049.0045.0041.0036.0037.00
  S&GA Expenses0.3%51.0051.0052.0052.0052.0052.0049.0046.0044.0043.0042.0042.0040.0038.0036.0041.0042.0041.0041.0036.0037.00
EBITDA-------225220214211228246253250229207194186---
EBITDA Margin-------1.09*1.10*1.11*1.12*0.65*0.49*0.40*0.33*0.33*0.33*0.35*0.38*---
Interest Expenses-18.6%10613012912514213412811911311012714515214912810693.0085.0079.0072.0066.00
Earnings Before Taxes-------------------104--
EBT Margin-------0.50*0.52*0.54*0.55*0.30*0.21*0.16*0.14*0.15*0.17*0.19*0.21*---
Net Income22.1%-158-203-298-224-57.9967.00193237288352-288-303-363-458174118110117103124118
Net Income Margin100.0%--0.79*-1.16*-0.91*-0.24*0.31*0.93*1.18*1.48*1.86*-0.82*-0.60*-0.57*-0.61*0.25*------
Free Cashflow100.0%--82.19-117-84.93-73.554.0093.0098.0014311511185.0067.0047.0035.00------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets1.8%6,2796,1706,2416,7697,3006,5425,6584,9134,7814,7264,6564,6214,6174,71823,48319,75918,26517,55514,73812,32711,641
    Cash Equivalents2.1%23222824535540730433840932529129365037217312266.0013565.0010957.0085.00
  Goodwill---------------25.0025.0025.0025.0025.0025.0025.00
Liabilities4.1%4,5254,3474,3774,7885,1354,2383,2272,5502,4552,4122,3482,3682,4542,71821,27817,91216,73816,17613,55711,21810,625
Shareholder's Equity-4.4%1,6911,7691,7671,9182,1272,2502,3652,3622,3262,3142,3082,2532,1632,0002,2051,8471,5281,3791,1801,1091,016
  Retained Earnings-6.0%-1,144-1,079-1,052-965-802-681-559-543-542-547-551-583-646-724-148-145-128-102-103-75.74-75.54
  Additional Paid-In Capital0.9%2,2992,2792,2832,3432,3542,3582,3572,3532,3482,3442,3432,3402,3372,3351,8221,6491,3371,1991,013928826
Shares Outstanding0.1%91.0091.0091.0093.0095.0095.0095.0095.0095.0095.0094.0094.0094.0088.0073.0059.0050.0044.0039.0033.0029.00
Minority Interest-9.6%28.0031.0033.0037.0034.0032.0024.005.005.005.006.00--1.76-0.89-0.70-0.51-0.400.001.001.000.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-95.1%2.0042.0092.0014414315213911214611611185.0067.0047.0035.0031.0020.0025.0024.0022.0029.00
  Share Based Compensation-9.8%10.0011.0012.0012.0011.0011.0010.0010.0010.009.0010.009.007.006.005.005.004.003.003.002.002.00
Cashflow From Investing330.3%538125-508-1,042-1,287-681-132-2031374812,1182,2631,8051,093-769-1,385-1,324-932-642-597-456
Cashflow From Financing-227.0%-746-2284609481,29561327.00-182-285-622-2,045-1,710-1,603-8597461,3551,350916621505404
  Dividend Payments-1.0%15015115215215215215214212385.0010513015319116313912911998.0093.00-
  Buy Backs-15.6%40.0048.0044.0022.008.00----------71750844526017574.00

NYMT Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
NET INTEREST INCOME:    
Interest income$ 57,540$ 68,020$ 114,676$ 126,521
Interest expense42,40428,74081,73950,205
Total net interest income15,13639,28032,93776,316
NON-INTEREST INCOME (LOSS):    
Realized gains, net3,5902,3864,6716,192
Unrealized (losses) gains, net(8,933)(67,694)19,556(151,353)
Income from equity investments2,6568,1007,16814,153
Other (loss) income(16,567)1,105(25,565)2,531
Income from real estate    
Rental income36,97032,13773,25155,425
Other real estate income7,8063,73313,2706,033
Total income from real estate44,77635,87086,52161,458
Total non-interest income (loss)25,522(20,233)92,351(67,019)
GENERAL, ADMINISTRATIVE AND OPERATING EXPENSES:    
General and administrative expenses13,31613,17525,99927,533
Portfolio operating expenses5,64912,69012,72122,179
Expenses related to real estate    
Interest expense, mortgages payable on real estate24,07513,15146,55420,308
Depreciation and amortization6,12852,39412,16787,981
Other real estate expenses22,32818,36544,50830,767
Total expenses related to real estate52,53183,910103,229139,056
Total general, administrative and operating expenses71,496109,775141,949188,768
LOSS FROM OPERATIONS BEFORE INCOME TAXES(30,838)(90,728)(16,661)(179,471)
Income tax (benefit) expense(18)90(3)67
NET LOSS(30,820)(90,818)(16,658)(179,538)
Net loss attributable to non-controlling interests3,89218,92210,59333,792
NET LOSS ATTRIBUTABLE TO COMPANY(26,928)(71,896)(6,065)(145,746)
Preferred stock dividends(10,474)(10,493)(20,958)(20,986)
Plus: Gain on repurchase of Preferred Stock20003420
Net loss attributable to Company's common stockholders(37,202)(82,389)(26,681)(166,732)
Net loss attributable to Company's common stockholders$ (37,202)$ (82,389)$ (26,681)$ (166,732)
Basic loss per common share (in dollars per share)$ (0.41)$ (0.86)$ (0.29)$ (1.75)
Diluted loss per common share (in dollars per share)$ (0.41)$ (0.86)$ (0.29)$ (1.75)
Weighted average shares outstanding-basic (in shares)91,19395,30091,25495,250
Weighted average shares outstanding-diluted (in shares)91,19395,30091,25495,250

NYMT Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS  
Investment securities available for sale, at fair value$ 734,272$ 99,559
Equity investments, at fair value168,755179,746
Cash and cash equivalents232,497244,718
Real estate, net706,066692,968
Assets of disposal group held for sale965,5991,151,784
Other assets237,624259,356
Total Assets[1]6,279,0476,240,745
Liabilities:  
Senior unsecured notes97,74297,384
Subordinated debentures45,00045,000
Mortgages payable on real estate, net397,075394,707
Liabilities of disposal group held for sale755,840883,812
Other liabilities97,794115,991
Total Liabilities[1]4,525,3594,376,634
Commitments and Contingencies (See Note 15)
Redeemable Non-Controlling Interest in Consolidated Variable Interest Entities34,57163,803
Stockholders' Equity:  
Preferred stock, par value $0.01 per share, 31,500,000 shares authorized, 22,227,954 and 22,284,994 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively ($555,699 and $557,125 aggregate liquidation preference as of June 30, 2023 and December 31, 2022, respectively)536,983538,351
Common stock, par value $0.01 per share, 200,000,000 shares authorized, 91,250,399 and 91,193,688 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively913912
Additional paid-in capital2,298,6692,282,691
Accumulated other comprehensive loss(1,762)(1,970)
Accumulated deficit(1,144,091)(1,052,768)
Company's stockholders' equity1,690,7121,767,216
Non-controlling interests28,40533,092
Total equity1,719,1171,800,308
Total Liabilities and Equity6,279,0476,240,745
Repurchase agreements  
Liabilities:  
Repurchase agreements1,145,108737,023
Collateralized Debt Obligations  
Liabilities:  
Collateralized debt obligations ($617,168 at fair value and $1,369,632 at amortized cost, net as of June 30, 2023 and $634,495 at fair value and $1,468,222 at amortized cost, net as of December 31, 2022)1,986,8002,102,717
Residential loans, at fair value  
ASSETS  
Residential loans, at fair value3,136,8123,525,080
Multi-family loans  
ASSETS  
Multi-family loans, at fair value$ 97,422$ 87,534
[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 June 30, 2023 and December 31, 2022, assets of consolidated VIEs totaled $4,005,742 and $4,261,097, respectively, and the liabilities of consolidated VIEs totaled $3,163,136 and $3,403,257, respectively. See Note 7for further discussion.
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.