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

  • Consensus Rating: Hold
  • Consensus Price Target: $3.50
  • Forecasted Upside: -17.84 %
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$4.26 As of 03/2/2021 03:27 PM ET
▲ +0.01 (0.24%)
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.
$3.50
▼ -17.84% Downside Potential
This price target is based on 7 analysts offering 12 month price targets for New York Mortgage Trust in the last 3 months. The average price target is $3.50, with a high forecast of $4.50 and a low forecast of $2.50. The average price target represents a -17.84% upside from the last price of $4.26.
Hold
The current consensus among 7 polled investment analysts is to hold stock in New York Mortgage Trust. This rating has held steady since August 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
9/9/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/8/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/7/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
6/5/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
9/3/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
12/2/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
1/31/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
3/2/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/25/2020Bank of AmericaBoost Price TargetNeutral$3.00 ➝ $3.50Low
i
11/23/2020BTIG ResearchInitiated CoverageNeutralHigh
i
11/11/2020Maxim GroupUpgradeHold ➝ Buy$4.50Medium
i
9/16/2020Raymond JamesReiterated RatingHoldHigh
i
8/6/2020Credit Suisse GroupReiterated RatingHold$2.50Low
i
Rating by Douglas Harter at Credit Suisse Group AG
5/27/2020Maxim GroupReiterated RatingHoldHigh
i
Rating by Michael Diana at Maxim Group
5/27/2020BarclaysUpgradeUnderweight ➝ Equal Weight$2.50High
i
4/30/2020NomuraReiterated RatingBuy$4.50Medium
i
4/29/2020BarclaysReiterated RatingSell$2.00Medium
i
4/24/2020Credit Suisse GroupUpgradeUnderperform ➝ NeutralHigh
i
3/25/2020Maxim GroupReiterated RatingBuy ➝ HoldHigh
i
Rating by Michael Diana at Maxim Group
2/26/2020Maxim GroupReiterated RatingBuy$7.00High
i
Rating by Michael Diana at Maxim Group
2/25/2020Nomura SecuritiesReiterated RatingBuy$7.00High
i
2/21/2020Bank of AmericaInitiated CoverageNeutral$6.25Low
i
9/23/2019Raymond JamesReiterated RatingHoldMedium
i
Rating by Stephen Laws at Raymond James
8/13/2019Nomura SecuritiesBoost Price TargetBuy$6.50 ➝ $7.00Low
i
8/6/2019LADENBURG THALM/SH SHUpgradeNeutral ➝ BuyMedium
i
7/19/2019Maxim GroupSet Price TargetBuy$7.00N/A
i
Rating by Michael Diana at Maxim Group
5/7/2019Maxim GroupReiterated RatingBuy$6.75Low
i
3/27/2019Nomura SecuritiesInitiated CoverageBuy ➝ Buy$6.50Low
i
2/28/2019BarclaysDowngradeEqual Weight ➝ Underweight$5.00Low
i
11/6/2018Maxim GroupReiterated RatingBuy$6.75Medium
i
10/12/2018Raymond JamesInitiated CoverageMarket PerformLow
i
8/6/2018LADENBURG THALM/SH SHDowngradeBuy ➝ NeutralLow
i
8/3/2018Maxim GroupReiterated RatingBuy ➝ Buy$6.25 ➝ $6.75Low
i
5/4/2018Maxim GroupReiterated RatingBuy$6.25Low
i
2/22/2018B. RileySet Price TargetHold$6.00Low
i
Rating by Jessica Levi-Ribner at B. Riley
2/21/2018Maxim GroupReiterated RatingBuy ➝ Buy$6.50 ➝ $6.25Low
i
11/12/2017Keefe, Bruyette & WoodsSet Price TargetHold$6.00N/A
i
Rating by Eric Hagen at Keefe, Bruyette & Woods
11/7/2017B. RileyReiterated RatingNeutral$6.25N/A
i
Rating by J. Levi-Ribner at B. Riley
11/6/2017Maxim GroupReiterated RatingBuy$6.50N/A
i
10/10/2017BarclaysBoost Price TargetEqual Weight$5.00 ➝ $6.00N/A
i
8/14/2017Keefe, Bruyette & WoodsSet Price TargetHold$6.00Low
i
Rating by Eric Hagen at Keefe, Bruyette & Woods
5/10/2017Keefe, Bruyette & WoodsSet Price TargetHold$6.00Low
i
Rating by Eric Hagen at Keefe, Bruyette & Woods
3/24/2017LADENBURG THALM/SH SHDowngradeBuy ➝ NeutralLow
i
12/19/2016Maxim GroupBoost Price TargetBuy$6.75 ➝ $7.00N/A
i
11/3/2016(FBRC)Reiterated RatingHoldN/A
i
Rating by J. Levi-Ribner at (FBRC)
10/10/2016(FBRC)Initiated CoverageMarket Perform$6.25N/A
i
Rating by J. Levi-Ribner at (FBRC)
8/9/2016Keefe, Bruyette & WoodsSet Price TargetHold$6.50 ➝ $6.80N/A
i
8/6/2016Deutsche Bank AktiengesellschaftSet Price TargetHold$6.00N/A
i
Rating by stephen laws at Deutsche Bank Aktiengesellschaft
8/3/2016Credit Suisse GroupReiterated RatingSell$5.50N/A
i
6/4/2016JMP SecuritiesReiterated RatingHoldN/A
i
Rating by David Turkaly at JMP Securities
3/24/2016Deutsche Bank AktiengesellschaftReiterated RatingHoldN/A
i
Rating by Stephen Laws at Deutsche Bank Aktiengesellschaft
(Data available from 3/2/2016 forward)
New York Mortgage Trust logo
New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related and residential housing-related assets in the United States. Its investment portfolio includes structured multi-family property investments, such as multi-family commercial mortgage-backed securities and preferred equity in, and mezzanine loans to owners of multi-family properties; residential mortgage loans, including distressed residential mortgage loans, non-qualified mortgage loans, second mortgages, residential bridge loans, and other residential mortgage loans; non-agency residential mortgage-backed securities(RMBS); agency RMBS and CMBS; and other mortgage-related, residential housing-related, 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 founded in 2003 and is headquartered in New York, New York.
Read More

Today's Range

Now: $4.26
$4.21
$4.28

50 Day Range

MA: $3.93
$3.67
$4.25

52 Week Range

Now: $4.26
$0.98
$6.15

Volume

97,648 shs

Average Volume

3,382,509 shs

Market Capitalization

$1.61 billion

P/E Ratio

N/A

Dividend Yield

9.59%

Beta

2

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: Bank of America Co., Barclays PLC, BTIG Research, Credit Suisse Group AG, Maxim Group, Nomura, 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?

5 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 $3.50, suggesting a possible downside of 17.6%. Maxim Group has the highest price target set, predicting NYMT will reach $4.50 in the next twelve months. Barclays PLC 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 5 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, Two Harbors Investment, PennyMac Mortgage Investment Trust, Apollo Commercial Real Estate Finance, MFA Financial, Redwood Trust, Invesco Mortgage Capital, ARMOUR Residential REIT, Ready Capital, Capstead Mortgage and Ares Commercial Real Estate.

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.