Analyst Price Target is $5.00
▲ +13.12% 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 $5.00, with a high forecast of $6.00 and a low forecast of $4.50. The average price target represents a 13.12% upside from the last price of $4.42.
Current Consensus is
The current consensus among 4 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.
New York Mortgage Trust, Inc. is a real estate investment trust, which 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.