New York Mortgage Trust Q4 2023 GAAP EPS $0.35 Beats $0.02 Estimate, Sales $16.80M Miss $21.07M Estimate

2/21/24 4:38:09 PM ET

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New York Mortgage Trust (NASDAQ:NYMT) reported quarterly earnings of $0.35 per share which beat the analyst consensus estimate of $0.02 by 1650 percent. The company reported quarterly sales of $16.80 million which missed the analyst consensus estimate of $21.07 million by 20.26 percent. This is a 24.65 percent decrease over sales of $22.30 million the same period last year.

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Recent Analyst Ratings for
$NYMT

Date	Price Target	Rating	Analyst
8/13/2024	$7.00	Neutral	Janney
12/6/2023	$8.50	Neutral	UBS
2/24/2023		Buy → Neutral	Ladenburg Thalmann
7/18/2022	$3.00	Outperform → Mkt Perform	Keefe Bruyette
3/9/2022	$4.50 → $3.75	Underperform	B of A Securities
2/23/2022	$4.50	Mkt Perform → Outperform	Keefe Bruyette
2/22/2022	$5.00 → $4.50	Buy	JonesTrading

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$NYMT
Financials

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New York Mortgage Trust Reports Third Quarter 2024 Results
NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) ("NYMT," the "Company," "we," "our" or "us") today reported results for the three and nine months ended September 30, 2024. Summary of Third Quarter 2024: (dollar amounts in thousands, except per share data) Net income attributable to Company's common stockholders$32,410 Net income attributable to Company's common stockholders per share (basic)$0.36 Undepreciated earnings(1)$34,941 Undepreciated earnings per common share(1)$0.39 Comprehensive income attributable to Company's common stockholders$32,410 Comprehensive income attributable to Company's common stockholders per share (basic)$0.36 Yield on ave
10/30/24 4:05:34 PM ET
$NYMT
Real Estate Investment Trusts
Real Estate
New York Mortgage Trust 2024 Third Quarter Conference Call Scheduled for Thursday, October 31, 2024
NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) (the "Company") is scheduled to report financial results for the three and nine months ended September 30, 2024 after the close of market on October 30, 2024. New York Mortgage Trust's executive management will host a conference call and audio webcast at 9:00 a.m., Eastern Time, on Thursday, October 31, 2024. To access the conference call, please pre-register using this link. Registrants will receive confirmation with dial-in details. A live audio webcast of the conference call can be accessed, on a listen-only basis, at the Investor Relations section of the Company's website at www.nymtrust.com or usi
10/16/24 4:05:43 PM ET
$NYMT
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New York Mortgage Trust Declares Third Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends
NEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) (the "Company") announced today that its Board of Directors (the "Board") declared a regular quarterly cash dividend of $0.20 per share on shares of its common stock for the quarter ending September 30, 2024. The dividend will be payable on October 28, 2024 to common stockholders of record as of the close of business on September 30, 2024. In addition, the Board declared cash dividends on the Company's 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series D Preferred Stock"), 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series E Preferr
9/19/24 4:05:15 PM ET
$NYMT
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$NYMT
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New York Mortgage Trust Reports Third Quarter 2024 Results
NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) ("NYMT," the "Company," "we," "our" or "us") today reported results for the three and nine months ended September 30, 2024. Summary of Third Quarter 2024: (dollar amounts in thousands, except per share data) Net income attributable to Company's common stockholders$32,410 Net income attributable to Company's common stockholders per share (basic)$0.36 Undepreciated earnings(1)$34,941 Undepreciated earnings per common share(1)$0.39 Comprehensive income attributable to Company's common stockholders$32,410 Comprehensive income attributable to Company's common stockholders per share (basic)$0.36 Yield on ave
10/30/24 4:05:34 PM ET
$NYMT
Real Estate Investment Trusts
Real Estate
New York Mortgage Trust 2024 Third Quarter Conference Call Scheduled for Thursday, October 31, 2024
NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) (the "Company") is scheduled to report financial results for the three and nine months ended September 30, 2024 after the close of market on October 30, 2024. New York Mortgage Trust's executive management will host a conference call and audio webcast at 9:00 a.m., Eastern Time, on Thursday, October 31, 2024. To access the conference call, please pre-register using this link. Registrants will receive confirmation with dial-in details. A live audio webcast of the conference call can be accessed, on a listen-only basis, at the Investor Relations section of the Company's website at www.nymtrust.com or usi
10/16/24 4:05:43 PM ET
$NYMT
Real Estate Investment Trusts
Real Estate
New York Mortgage Trust Declares Third Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends
NEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) (the "Company") announced today that its Board of Directors (the "Board") declared a regular quarterly cash dividend of $0.20 per share on shares of its common stock for the quarter ending September 30, 2024. The dividend will be payable on October 28, 2024 to common stockholders of record as of the close of business on September 30, 2024. In addition, the Board declared cash dividends on the Company's 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series D Preferred Stock"), 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series E Preferr
9/19/24 4:05:15 PM ET
$NYMT
Real Estate Investment Trusts
Real Estate

New York Mortgage Trust Q4 2023 GAAP EPS $0.35 Beats $0.02 Estimate, Sales $16.80M Miss $21.07M Estimate

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Recent Analyst Ratings for $NYMT

$NYMT Financials

Live finance-specific insights

New York Mortgage Trust Reports Third Quarter 2024 Results

New York Mortgage Trust 2024 Third Quarter Conference Call Scheduled for Thursday, October 31, 2024

New York Mortgage Trust Declares Third Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends

$NYMT Market Insights

Live Market Insights

UBS Maintains Neutral on New York Mortgage Trust, Lowers Price Target to $6

Keefe, Bruyette & Woods Maintains Market Perform on New York Mortgage Trust, Lowers Price Target to $7

New York Mortgage Trust shares are trading lower after the company reported worse-than-expected Q1 financial results.

$NYMT Press Releases

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New York Mortgage Trust Reports Third Quarter 2024 Results

New York Mortgage Trust 2024 Third Quarter Conference Call Scheduled for Thursday, October 31, 2024

New York Mortgage Trust Declares Third Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends

$NYMT Insider Trading

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SEC Form 4 filed by Director Cheng Gena

SEC Form 4 filed by Director Greenberg Audrey

SEC Form 4 filed by Director Norcutt Steven G

$NYMT Leadership Updates

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New York Mortgage Trust Appoints Nicholas Mah as President

New York Mortgage Trust, Inc. Announces Leadership Succession

$NYMT Analyst Ratings

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$NYMT Large Ownership Changes

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$NYMT SEC Filings

Janney initiated coverage on New York Mortgage Trust with a new price target

UBS initiated coverage on New York Mortgage Trust with a new price target

New York Mortgage Trust downgraded by Ladenburg Thalmann

SEC Form SC 13G/A filed by New York Mortgage Trust Inc. (Amendment)

SEC Form SC 13G/A filed by New York Mortgage Trust Inc. (Amendment)

SEC Form SC 13G/A filed

SEC Form 10-Q filed by New York Mortgage Trust Inc.

New York Mortgage Trust Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

New York Mortgage Trust Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

Recent Analyst Ratings for
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$NYMT
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