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New York Mortgage Trust - NYMT Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $7.75
  • Forecasted Upside: 33.62%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$5.80 As of 11/20/2024 01:00 AM ET
▼ -0.14 (-2.36%)

This chart shows the closing price for NYMT by one month, three months, or twelve months.

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Analyst Price Target for NYMT

Analyst Price Target is $7.75
▲ +33.62% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for New York Mortgage Trust in the last 3 months. The average price target is $7.75, with a high forecast of $11.00 and a low forecast of $6.00. The average price target represents a 33.62% upside from the last price of $5.80.

This chart shows the closing price for NYMT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 4 investment analysts is to hold stock in New York Mortgage Trust. This rating has held steady since April 2024, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
5/31/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
8/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
11/27/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
2/25/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
5/25/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
8/23/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
10/22/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
11/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
8/13/2024Janney Montgomery ScottInitiated CoverageNeutral$7.00
8/12/2024Janney Montgomery ScottUpgradeHold
5/8/2024UBS GroupLower TargetNeutral ➝ Neutral$7.50 ➝ $6.00
5/3/2024Keefe, Bruyette & WoodsLower TargetMarket Perform ➝ Market Perform$8.50 ➝ $7.00
3/25/2024B. RileyReiterated RatingBuy ➝ Buy$15.00 ➝ $11.00
12/6/2023UBS GroupInitiated CoverageNeutral$8.50
8/14/2023B. RileyLower TargetBuy ➝ Buy$20.00 ➝ $15.00
5/9/2023Maxim GroupLower Target$14.00 ➝ $13.00
3/17/2023Keefe, Bruyette & WoodsBoost TargetMarket Perform$2.50 ➝ $10.00
3/8/2023Keefe, Bruyette & WoodsLower TargetMarket Perform$2.50
3/1/2023JonestradingReiterated RatingBuy ➝ Hold
2/24/2023LADENBURG THALM/SH SHDowngradeBuy ➝ Neutral$12.00
12/19/2022JonestradingLower Target$16.00 ➝ $14.00
10/25/2022B. RileyLower TargetBuy$22.00 ➝ $20.00
10/13/2022Credit Suisse GroupLower Target$12.00
8/4/2022JonestradingLower TargetBuy$17.00 ➝ $16.00
7/22/2022Credit Suisse GroupLower Target$14.00
7/18/2022BarclaysLower TargetEqual Weight$14.00 ➝ $12.00
7/18/2022Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$12.00
4/27/2022BarclaysLower Target$16.00 ➝ $14.00
3/9/2022Bank of AmericaLower TargetUnderperform$18.00 ➝ $15.00
2/23/2022Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$18.00
2/22/2022JonestradingLower TargetBuy$20.00 ➝ $18.00
2/18/2022Maxim GroupReiterated RatingBuy$20.00
6/2/2021BTIG ResearchReiterated RatingHold
5/24/2021Bank of AmericaReiterated RatingNeutral ➝ Underperform$18.00
5/17/2021Bank of AmericaDowngradeNeutral ➝ Underperform$18.00
5/12/2021B. RileyInitiated CoverageBuy$24.00
11/25/2020Bank of AmericaBoost TargetNeutral$12.00 ➝ $14.00
11/23/2020BTIG ResearchInitiated CoverageNeutral
11/11/2020Maxim GroupUpgradeHold ➝ Buy$18.00
9/16/2020Raymond JamesReiterated RatingHold
8/6/2020Credit Suisse GroupReiterated RatingHold$10.00
5/27/2020Maxim GroupReiterated RatingHold
5/27/2020BarclaysUpgradeUnderweight ➝ Equal Weight$10.00
4/30/2020NomuraReiterated RatingBuy$18.00
4/29/2020BarclaysReiterated RatingSell$8.00
4/24/2020Credit Suisse GroupUpgradeUnderperform ➝ Neutral
3/25/2020Maxim GroupReiterated RatingBuy ➝ Hold
2/26/2020Maxim GroupReiterated RatingBuy$28.00
2/25/2020Nomura SecuritiesReiterated RatingBuy$28.00
2/21/2020Bank of AmericaInitiated CoverageNeutral$25.00
(Data available from 11/21/2019 forward)

News Sentiment Rating

0.87 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/24/2024
  • 6 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/24/2024
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 10 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/22/2024
  • 6 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 5 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 6 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2024

Current Sentiment

  • 6 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

New York Mortgage Trust logo
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. The company also 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. New York Mortgage Trust, Inc. was incorporated in 2003 and is headquartered in New York, New York.
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Today's Range

Now: $5.80
Low: $5.74
High: $5.93

50 Day Range

MA: $5.93
Low: $5.23
High: $6.85

52 Week Range

Now: $5.80
Low: $5.14
High: $9.67

Volume

744,736 shs

Average Volume

915,265 shs

Market Capitalization

$525.36 million

P/E Ratio

N/A

Dividend Yield

13.47%

Beta

1.94

Frequently Asked Questions

What sell-side analysts currently cover shares of New York Mortgage Trust?

The following Wall Street analysts have issued stock ratings on New York Mortgage Trust in the last twelve months: B. Riley, Janney Montgomery Scott, Keefe, Bruyette & Woods, StockNews.com, and UBS Group AG.
View the latest analyst ratings for NYMT.

What is the current price target for New York Mortgage Trust?

0 Wall Street analysts have set twelve-month price targets for New York Mortgage Trust in the last year. Their average twelve-month price target is $7.75, suggesting a possible upside of 33.6%. B. Riley has the highest price target set, predicting NYMT will reach $11.00 in the next twelve months. UBS Group AG has the lowest price target set, forecasting a price of $6.00 for New York Mortgage Trust in the next year.
View the latest price targets for NYMT.

What is the current consensus analyst rating for New York Mortgage Trust?

New York Mortgage Trust currently has 3 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NYMT, but not buy more shares or sell existing shares.
View the latest ratings for NYMT.

What other companies compete with New York Mortgage Trust?

Other companies that are similar to New York Mortgage Trust include Broadmark Realty Capital, Industrial Logistics Properties Trust, Apollo Commercial Real Estate Finance, Ready Capital and Two Harbors Investment. Learn More about companies similar to New York Mortgage Trust.

How do I contact New York Mortgage Trust's investor relations team?

New York Mortgage Trust's physical mailing address is 90 Park Avenue, New York NY, 10016. The real estate investment trust's listed phone number is (212) 792-0107 and its investor relations email address is [email protected]. The official website for New York Mortgage Trust is www.nymtrust.com. Learn More about contacing New York Mortgage Trust investor relations.