NASDAQ:NYMT - New York Mortgage Trust Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $4.38
Forecasted Upside: -5.51 %
Number of Analysts: 6
Breakdown:
1 Sell Ratings
3 Hold Ratings
2 Buy Ratings
0 Strong Buy Ratings

^$4.63 As of 06/17/2021 04:57 PM ET

▼ -0.09 (-1.91%)

1 month | 3 months | 12 months

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Analyst Price Target for NYMT

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$4.38

▼ -5.51% Downside Potential

This price target is based on 6 analysts offering 12 month price targets for New York Mortgage Trust in the last 3 months. The average price target is $4.38, with a high forecast of $6.00 and a low forecast of $2.50. The average price target represents a -5.51% upside from the last price of $4.63.

Hold

The current consensus among 6 contributing investment analysts is to hold stock in New York Mortgage Trust. This rating has held steady since January 2020, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
3 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

12/25/2019

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

Ratings as of

3/24/2020

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

Ratings as of

6/22/2020

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

Ratings as of

9/20/2020

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

Ratings as of

12/19/2020

0 strong buy ratings
2 buy ratings
4 hold ratings
1 sell ratings

Ratings as of

3/19/2021

0 strong buy ratings
2 buy ratings
4 hold ratings
1 sell ratings

Ratings as of

5/18/2021

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

Ratings as of

6/17/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
6/2/2021	BTIG Research	Reiterated Rating	Hold		Low	i
5/24/2021	Bank of America	Reiterated Rating	Neutral ➝ Underperform	$4.50	Low	i
5/17/2021	Bank of America	Downgrade	Neutral ➝ Underperform	$4.50	Low	i
5/12/2021	B. Riley	Initiated Coverage	Buy	$6.00	Medium	i Rating by M. Howlett at B. Riley
11/25/2020	Bank of America	Boost Price Target	Neutral	$3.00 ➝ $3.50	Low	i
11/23/2020	BTIG Research	Initiated Coverage	Neutral		High	i
11/11/2020	Maxim Group	Upgrade	Hold ➝ Buy	$4.50	Medium	i
9/16/2020	Raymond James	Reiterated Rating	Hold		High	i
8/6/2020	Credit Suisse Group	Reiterated Rating	Hold	$2.50	Low	i Rating by Douglas Harter at Credit Suisse Group AG
5/27/2020	Maxim Group	Reiterated Rating	Hold		High	i Rating by Michael Diana at Maxim Group
5/27/2020	Barclays	Upgrade	Underweight ➝ Equal Weight	$2.50	High	i
4/30/2020	Nomura	Reiterated Rating	Buy	$4.50	Medium	i
4/29/2020	Barclays	Reiterated Rating	Sell	$2.00	Medium	i
4/24/2020	Credit Suisse Group	Upgrade	Underperform ➝ Neutral		High	i
3/25/2020	Maxim Group	Reiterated Rating	Buy ➝ Hold		High	i Rating by Michael Diana at Maxim Group
2/26/2020	Maxim Group	Reiterated Rating	Buy	$7.00	High	i Rating by Michael Diana at Maxim Group
2/25/2020	Nomura Securities	Reiterated Rating	Buy	$7.00	High	i
2/21/2020	Bank of America	Initiated Coverage	Neutral	$6.25	Low	i
9/23/2019	Raymond James	Reiterated Rating	Hold		Medium	i Rating by Stephen Laws at Raymond James
8/13/2019	Nomura Securities	Boost Price Target	Buy	$6.50 ➝ $7.00	Low	i
8/6/2019	LADENBURG THALM/SH SH	Upgrade	Neutral ➝ Buy		Medium	i
7/19/2019	Maxim Group	Set Price Target	Buy	$7.00	N/A	i Rating by Michael Diana at Maxim Group
5/7/2019	Maxim Group	Reiterated Rating	Buy	$6.75	Low	i
3/27/2019	Nomura Securities	Initiated Coverage	Buy ➝ Buy	$6.50	Low	i
2/28/2019	Barclays	Downgrade	Equal Weight ➝ Underweight	$5.00	Low	i
11/6/2018	Maxim Group	Reiterated Rating	Buy	$6.75	Medium	i
10/12/2018	Raymond James	Initiated Coverage	Market Perform		Low	i
8/6/2018	LADENBURG THALM/SH SH	Downgrade	Buy ➝ Neutral		Low	i
8/3/2018	Maxim Group	Reiterated Rating	Buy ➝ Buy	$6.25 ➝ $6.75	Low	i
5/4/2018	Maxim Group	Reiterated Rating	Buy	$6.25	Low	i
2/22/2018	B. Riley	Set Price Target	Hold	$6.00	Low	i Rating by Jessica Levi-Ribner at B. Riley
2/21/2018	Maxim Group	Reiterated Rating	Buy ➝ Buy	$6.50 ➝ $6.25	Low	i
11/12/2017	Keefe, Bruyette & Woods	Set Price Target	Hold	$6.00	N/A	i Rating by Eric Hagen at Keefe, Bruyette & Woods
11/7/2017	B. Riley	Reiterated Rating	Neutral	$6.25	N/A	i Rating by J. Levi-Ribner at B. Riley
11/6/2017	Maxim Group	Reiterated Rating	Buy	$6.50	N/A	i
10/10/2017	Barclays	Boost Price Target	Equal Weight	$5.00 ➝ $6.00	N/A	i
8/14/2017	Keefe, Bruyette & Woods	Set Price Target	Hold	$6.00	Low	i Rating by Eric Hagen at Keefe, Bruyette & Woods
5/10/2017	Keefe, Bruyette & Woods	Set Price Target	Hold	$6.00	Low	i Rating by Eric Hagen at Keefe, Bruyette & Woods
3/24/2017	LADENBURG THALM/SH SH	Downgrade	Buy ➝ Neutral		Low	i
12/19/2016	Maxim Group	Boost Price Target	Buy	$6.75 ➝ $7.00	N/A	i
11/3/2016	(FBRC)	Reiterated Rating	Hold		N/A	i Rating by J. Levi-Ribner at (FBRC)
10/10/2016	(FBRC)	Initiated Coverage	Market Perform	$6.25	N/A	i Rating by J. Levi-Ribner at (FBRC)
8/9/2016	Keefe, Bruyette & Woods	Set Price Target	Hold	$6.50 ➝ $6.80	N/A	i
8/6/2016	Deutsche Bank Aktiengesellschaft	Set Price Target	Hold	$6.00	N/A	i Rating by stephen laws at Deutsche Bank Aktiengesellschaft
8/3/2016	Credit Suisse Group	Reiterated Rating	Sell	$5.50	N/A	i

(Data available from 6/17/2016 forward)

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.

Today's Range

Now: $4.63

$4.59

$4.77

50 Day Range

MA: $4.54

$4.28

$4.82

52 Week Range

Now: $4.63

$2.26

$4.93

Volume

156,541 shs

Average Volume

3,318,856 shs

Market Capitalization

$1.76 billion

P/E Ratio

5.79

Dividend Yield

8.62%

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, Bank of America Co., BTIG Research, Credit Suisse Group AG, Maxim Group, Raymond James, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for NYMT.

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

4 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 $4.38, suggesting a possible downside of 5.5%. B. Riley has the highest price target set, predicting NYMT will reach $6.00 in the next twelve months. Credit Suisse Group AG has the lowest price target set, forecasting a price of $2.50 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 1 sell rating, 3 hold ratings and 2 buy ratings 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 Annaly Capital Management, AGNC Investment, Starwood Property Trust, Colony Capital, Chimera Investment, Apollo Commercial Real Estate Finance, MFA Financial, Two Harbors Investment, PennyMac Mortgage Investment Trust, Redwood Trust, Ready Capital, Invesco Mortgage Capital, ARMOUR Residential REIT, Ares Commercial Real Estate and Capstead Mortgage.

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.