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New York Mortgage Trust - NYMT Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $12.67
  • Forecasted Upside: 49.20%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$8.49 As of 09/29/2023 01:00 AM ET
▲ +0.05 (0.59%)

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 $12.67
▲ +49.20% 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 $12.67, with a high forecast of $15.00 and a low forecast of $10.00. The average price target represents a 49.20% upside from the last price of $8.49.

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 Hold consensus rating has held steady for over two years.

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
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
4/8/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
7/7/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
10/5/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
1/3/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
4/3/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
7/2/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
8/31/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/30/2023

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/14/2023B. RileyLower TargetBuy ➝ Buy$20.00 ➝ $15.00Low
5/9/2023Maxim GroupLower Target$14.00 ➝ $13.00Low
3/17/2023Keefe, Bruyette & WoodsBoost TargetMarket Perform$2.50 ➝ $10.00Low
3/8/2023Keefe, Bruyette & WoodsLower TargetMarket Perform$2.50Low
3/1/2023JonestradingReiterated RatingBuy ➝ HoldLow
2/24/2023LADENBURG THALM/SH SHDowngradeBuy ➝ Neutral$12.00Low
12/19/2022JonestradingLower Target$16.00 ➝ $14.00Low
10/25/2022B. RileyLower TargetBuy$22.00 ➝ $20.00Low
10/13/2022Credit Suisse GroupLower Target$12.00Low
8/4/2022JonestradingLower TargetBuy$17.00 ➝ $16.00N/A
7/22/2022Credit Suisse GroupLower Target$14.00Low
7/18/2022BarclaysLower TargetEqual Weight$14.00 ➝ $12.00Low
7/18/2022Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$12.00Low
4/27/2022BarclaysLower Target$16.00 ➝ $14.00Low
3/9/2022Bank of AmericaLower TargetUnderperform$18.00 ➝ $15.00Low
2/23/2022Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$18.00Medium
2/22/2022JonestradingLower TargetBuy$20.00 ➝ $18.00High
2/18/2022Maxim GroupReiterated RatingBuy$20.00High
6/2/2021BTIG ResearchReiterated RatingHoldLow
5/24/2021Bank of AmericaReiterated RatingNeutral ➝ Underperform$18.00Low
5/17/2021Bank of AmericaDowngradeNeutral ➝ Underperform$18.00Low
5/12/2021B. RileyInitiated CoverageBuy$24.00Medium
11/25/2020Bank of AmericaBoost TargetNeutral$12.00 ➝ $14.00Low
11/23/2020BTIG ResearchInitiated CoverageNeutralHigh
11/11/2020Maxim GroupUpgradeHold ➝ Buy$18.00Medium
9/16/2020Raymond JamesReiterated RatingHoldHigh
8/6/2020Credit Suisse GroupReiterated RatingHold$10.00Low
5/27/2020Maxim GroupReiterated RatingHoldHigh
5/27/2020BarclaysUpgradeUnderweight ➝ Equal Weight$10.00High
4/30/2020NomuraReiterated RatingBuy$18.00Medium
4/29/2020BarclaysReiterated RatingSell$8.00Medium
4/24/2020Credit Suisse GroupUpgradeUnderperform ➝ NeutralHigh
3/25/2020Maxim GroupReiterated RatingBuy ➝ HoldHigh
2/26/2020Maxim GroupReiterated RatingBuy$28.00High
2/25/2020Nomura SecuritiesReiterated RatingBuy$28.00High
2/21/2020Bank of AmericaInitiated CoverageNeutral$25.00Low
9/23/2019Raymond JamesReiterated RatingHoldMedium
8/13/2019Nomura SecuritiesBoost TargetBuy$26.00 ➝ $28.00Low
8/6/2019LADENBURG THALM/SH SHUpgradeNeutral ➝ BuyMedium
7/19/2019Maxim GroupSet TargetBuy$28.00N/A
5/7/2019Maxim GroupReiterated RatingBuy$27.00Low
3/27/2019Nomura SecuritiesInitiated CoverageBuy ➝ Buy$26.00Low
2/28/2019BarclaysDowngradeEqual Weight ➝ Underweight$20.00Low
11/6/2018Maxim GroupReiterated RatingBuy$27.00Medium
10/12/2018Raymond JamesInitiated CoverageMarket PerformLow
(Data available from 9/30/2018 forward)

News Sentiment Rating

1.68 (Strong 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
  • 6 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/4/2023
  • 8 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/3/2023
  • 2 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/3/2023
  • 6 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/2/2023
  • 5 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/2/2023
  • 11 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/1/2023
  • 11 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/31/2023
  • 8 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/30/2023

Current Sentiment

  • 8 very positive mentions
  • 0 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

  • No positive mentions tracked during this time.

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 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.
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Today's Range

Now: $8.49
Low: $8.45
High: $8.64

50 Day Range

MA: $9.29
Low: $8.34
High: $10.49

52 Week Range

Now: $8.49
Low: $8.28
High: $12.96

Volume

680,476 shs

Average Volume

717,993 shs

Market Capitalization

$774.71 million

P/E Ratio

N/A

Dividend Yield

14.22%

Beta

1.79

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, Credit Suisse Group AG, Jonestrading, Keefe, Bruyette & Woods, LADENBURG THALM/SH SH, Maxim Group, and StockNews.com.
View the latest analyst ratings for NYMT.

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

6 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 $12.67, suggesting a possible upside of 49.2%. B. Riley has the highest price target set, predicting NYMT will reach $15.00 in the next twelve months. Keefe, Bruyette & Woods has the lowest price target set, forecasting a price of $10.00 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 Redwood Trust, Dynex Capital, ARMOUR Residential REIT, MFA Financial and Ares Commercial Real Estate. 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.