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, second mortgages, and business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties, as well as joint venture equity investments in multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); 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.
IPO Year:
Exchange: NASDAQ
Website: nymtrust.com
| 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 |
NEW YORK, Jan. 08, 2025 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) (the "Company") announced today the pricing of an underwritten public offering of $75 million aggregate principal amount of its 9.125% senior notes due 2030 (the "Notes"). The Company has granted the underwriters a 30-day option to purchase up to an additional $11.25 million aggregate principal amount of the Notes to cover over-allotments. The offering is expected to close on January 14, 2025, subject to the satisfaction of customary closing conditions. The Company has applied to list the Notes on the Nasdaq Global Select Market ("Nasdaq") under the symbol "NYMTG" and, if the application is approved, e
NEW YORK, Dec. 10, 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 December 31, 2024. The dividend will be payable on January 23, 2025 to common stockholders of record as of the close of business on December 20, 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 Preferred
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
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
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 $0.20 per share on shares of its common stock for the quarter ending September 30, 2024. The dividend will be payable on October 28, 2024 to common stockholders of record as of the close of business on September 30, 2024. In addition, the Board declared cash dividends on the Company's 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series D Preferred Stock"), 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series E Preferr
NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) ("NYMT," the "Company," "we," "our" or "us") today reported results for the three and six months ended June 30, 2024. Summary of Second Quarter 2024: (dollar amounts in thousands, except per share data) Net loss attributable to Company's common stockholders$(26,028)Net loss attributable to Company's common stockholders per share (basic)$(0.29)Undepreciated loss (1)$(22,330)Undepreciated loss per common share (1)$(0.25)Comprehensive loss attributable to Company's common stockholders$(26,028)Comprehensive loss attributable to Company's common stockholders per share (ba
NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) (the "Company") is scheduled to report financial results for the three and six months ended June 30, 2024 after the close of market on July 31, 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, August 1, 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 using this lin
NEW YORK, June 25, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) (the "Company") announced today the pricing of an underwritten public offering of $60 million aggregate principal amount of its 9.125% senior notes due 2029 (the "Notes"). The Company has granted the underwriters a 30-day option to purchase up to an additional $9 million aggregate principal amount of the Notes to cover over-allotments. The offering is expected to close on June 28, 2024, subject to the satisfaction of customary closing conditions. The Company has applied to list the Notes on the Nasdaq Global Select Market ("Nasdaq") under the symbol "NYMTI" and, if the application is approved, expects
NEW YORK, June 18, 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 $0.20 per share on shares of its common stock for the quarter ending June 30, 2024. The dividend will be payable on July 29, 2024 to common stockholders of record as of the close of business on June 28, 2024. In addition, the Board declared cash dividends on the Company's 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series D Preferred Stock"), 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series E Preferred Stock"), 6.
NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) ("NYMT," the "Company," "we," "our" or "us") today reported results for the three months ended March 31, 2024. Summary of First Quarter 2024: (dollar amounts in thousands, except per share data) Net loss attributable to Company's common stockholders$(68,340) Net loss attributable to Company's common stockholders per share (basic)$(0.75) Undepreciated loss (1)$(62,014) Undepreciated loss per common share (1)$(0.68) Comprehensive loss attributable to Company's common stockholders$(68,336) Comprehensive loss attributable to Company's common stockholders per share (basic)$(0.75) Yield on average interest ea
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4 - NEW YORK MORTGAGE TRUST INC (0001273685) (Issuer)
4 - NEW YORK MORTGAGE TRUST INC (0001273685) (Issuer)
4 - NEW YORK MORTGAGE TRUST INC (0001273685) (Issuer)
4 - NEW YORK MORTGAGE TRUST INC (0001273685) (Issuer)
4 - NEW YORK MORTGAGE TRUST INC (0001273685) (Issuer)
4 - NEW YORK MORTGAGE TRUST INC (0001273685) (Issuer)
4 - NEW YORK MORTGAGE TRUST INC (0001273685) (Issuer)
CERT - NEW YORK MORTGAGE TRUST, INC. (0001273685) (Filer)
8-K - NEW YORK MORTGAGE TRUST, INC. (0001273685) (Filer)
8-A12B - NEW YORK MORTGAGE TRUST, INC. (0001273685) (Filer)
424B5 - NEW YORK MORTGAGE TRUST, INC. (0001273685) (Filer)
FWP - NEW YORK MORTGAGE TRUST INC (0001273685) (Subject)
424B5 - NEW YORK MORTGAGE TRUST INC (0001273685) (Filer)
8-K - NEW YORK MORTGAGE TRUST INC (0001273685) (Filer)
10-Q - NEW YORK MORTGAGE TRUST INC (0001273685) (Filer)
8-K - NEW YORK MORTGAGE TRUST INC (0001273685) (Filer)
8-K - NEW YORK MORTGAGE TRUST INC (0001273685) (Filer)
SC 13G/A - NEW YORK MORTGAGE TRUST INC (0001273685) (Subject)
SC 13G/A - NEW YORK MORTGAGE TRUST INC (0001273685) (Subject)
SC 13G/A - NEW YORK MORTGAGE TRUST INC (0001273685) (Subject)
NEW YORK, Dec. 10, 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 December 31, 2024. The dividend will be payable on January 23, 2025 to common stockholders of record as of the close of business on December 20, 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 Preferred
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
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
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
NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) (the "Company") is scheduled to report financial results for the three and six months ended June 30, 2024 after the close of market on July 31, 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, August 1, 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 using this lin
NEW YORK, June 18, 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 $0.20 per share on shares of its common stock for the quarter ending June 30, 2024. The dividend will be payable on July 29, 2024 to common stockholders of record as of the close of business on June 28, 2024. In addition, the Board declared cash dividends on the Company's 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series D Preferred Stock"), 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series E Preferred Stock"), 6.
NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) ("NYMT," the "Company," "we," "our" or "us") today reported results for the three months ended March 31, 2024. Summary of First Quarter 2024: (dollar amounts in thousands, except per share data) Net loss attributable to Company's common stockholders$(68,340) Net loss attributable to Company's common stockholders per share (basic)$(0.75) Undepreciated loss (1)$(62,014) Undepreciated loss per common share (1)$(0.68) Comprehensive loss attributable to Company's common stockholders$(68,336) Comprehensive loss attributable to Company's common stockholders per share (basic)$(0.75) Yield on average interest ea
NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) (the "Company") is scheduled to report financial results for the three months ended March 31, 2024 after the close of market on May 1, 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, May 2, 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 using this link. A webcas
NEW YORK, March 13, 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 March 31, 2024. The dividend will be payable on April 25, 2024 to common stockholders of record as of the close of business on March 25, 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 Preferred Stock")
NEW YORK, Feb. 21, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) ("NYMT," the "Company," "we," "our" or "us") today reported results for the three and twelve months ended December 31, 2023. Summary of Fourth Quarter and Full Year 2023: (dollar amounts in thousands, except per share data) For the Three Months Ended December 31, 2023 (1) For the Twelve Months Ended December 31, 2023 (1)Net income (loss) attributable to Company's common stockholders$31,465 $(90,035) Net income (loss) attributable to Company's common stockholders per share (basic)$0.35 $(0.99) Undepreciated earnings (loss) (2)$33,697 $(81,321) Undepreciated earnings (loss) per common share (2)
NEW YORK, Dec. 12, 2022 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) ("NYMT," the "Company," "we," "our" or "us") today announced that its Board of Directors has named Nicholas Mah as President of the Company, effective January 1, 2023. Mr. Mah will report to Jason T. Serrano, the Company's CEO. Mr. Mah is currently a Managing Director of the Company, responsible for the Company's portfolio management and trading of mortgage securities and whole loans. He has been with the Company since July 2018. Prior to joining the Company, Mr. Mah was a Portfolio Manager and Managing Director at Oak Hill Advisors, L.P. ("OHA"), where he was one of the founding members of OHA's mortg
NEW YORK, Nov. 16, 2021 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) (the "Company") announced today that, Steven R. Mumma, the Chairman of the Board of Directors of the Company (the "Board") and Chief Executive Officer, will transition to the role of Executive Chairman of the Company and that the Company's President, Jason T. Serrano, will succeed Mr. Mumma as Chief Executive Officer of the Company, each effective on January 1, 2022. As Executive Chairman, Mr. Mumma will remain an integral member of the executive management team and continue to play a significant role in the Company's ongoing investment decisions, risk management activities, and capital management stra
Janney initiated coverage of New York Mortgage Trust with a rating of Neutral and set a new price target of $7.00
UBS initiated coverage of New York Mortgage Trust with a rating of Neutral and set a new price target of $8.50
Ladenburg Thalmann downgraded New York Mortgage Trust from Buy to Neutral
Keefe Bruyette downgraded New York Mortgage Trust from Outperform to Mkt Perform and set a new price target of $3.00
B of A Securities reiterated coverage of New York Mortgage Trust with a rating of Underperform and set a new price target of $3.75 from $4.50 previously
Keefe Bruyette upgraded New York Mortgage Trust from Mkt Perform to Outperform and set a new price target of $4.50
JonesTrading reiterated coverage of New York Mortgage Trust with a rating of Buy and set a new price target of $4.50 from $5.00 previously
BofA Securities downgraded New York Mortgage Trust from Neutral to Underperform and set a new price target of $4.50
B. Riley Securities initiated coverage of New York Mortgage Trust with a rating of Buy and set a new price target of $6.00