Analyst Price Target is $3.75
▲ +18.67% Upside 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 $3.75, with a high forecast of $5.00 and a low forecast of $3.00. The average price target represents a 18.67% upside from the last price of $3.16.
Current Consensus is
Hold
The current consensus among 6 contributing investment analysts is to hold stock in New York Mortgage Trust. This Hold consensus rating has held steady for over two years.
New York Mortgage Trust, Inc. is a real estate investment trust. It engages in the acquisition, investment, finance and management of mortgage-related and residential housing-related assets. Its objective is to deliver long-term stable distributions to its stockholders over changing economic conditions through a combination of net interest margin and capital gains from a diversified investment portfolio. Its investment portfolio includes multi-family credit assets, single-family credit assets, agency securities, and other mortgages. The company was founded on September 26, 2003 and is headquartered in New York, NY.
Read More