New York Mortgage Trust (NYMT) Projected to Post Quarterly Earnings on Wednesday

New York Mortgage Trust (NASDAQ:NYMT) is anticipated to announce its Q1 2025 earnings results after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.11 per share and revenue of $27.84 million for the quarter.

New York Mortgage Trust (NASDAQ:NYMT) last issued its earnings results on Wednesday, February 19th. The real estate investment trust reported ($0.44) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.47). The business had revenue of $26.71 million during the quarter, compared to the consensus estimate of $20.06 million. New York Mortgage Trust had a negative net margin of 15.46% and a negative return on equity of 1.39%. On average, analysts expect New York Mortgage Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

New York Mortgage Trust Trading Up 4.1 %

NYMT opened at $5.56 on Wednesday. The firm has a 50 day simple moving average of $6.30 and a 200 day simple moving average of $6.06. New York Mortgage Trust has a fifty-two week low of $5.02 and a fifty-two week high of $7.25. The company has a market cap of $503.55 million, a price-to-earnings ratio of -4.88 and a beta of 1.43. The company has a debt-to-equity ratio of 8.33, a current ratio of 11.17 and a quick ratio of 8.25.

New York Mortgage Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Monday, March 31st will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 14.39%. The ex-dividend date is Monday, March 31st. New York Mortgage Trust’s payout ratio is -70.18%.

Analyst Ratings Changes

A number of equities research analysts recently commented on NYMT shares. StockNews.com raised New York Mortgage Trust from a “sell” rating to a “hold” rating in a research note on Sunday, March 2nd. B. Riley decreased their target price on New York Mortgage Trust from $11.00 to $8.00 and set a “buy” rating for the company in a research report on Tuesday, January 7th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, New York Mortgage Trust presently has an average rating of “Hold” and an average price target of $7.00.

New York Mortgage Trust Company Profile

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, including business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); single-family rental properties; and other mortgage, residential housing, and credit-related assets.