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New York Mortgage Trust Inc (NASDAQ: NYMT) closed the day trading at $6.63 up 2.63% from the previous closing price of $6.46. In other words, the price has increased by $2.63 from its previous closing price. On the day, 0.66 million shares were traded. NYMT stock price reached its highest trading level at $6.635 during the session, while it also had its lowest trading level at $6.45.
Ratios:
For a better understanding of NYMT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.63. For the most recent quarter (mrq), Quick Ratio is recorded 0.08 and its Current Ratio is at 0.08. In the meantime, Its Debt-to-Equity ratio is 5.97 whereas as Long-Term Debt/Eq ratio is at 2.74.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Janney on August 13, 2024, initiated with a Neutral rating and assigned the stock a target price of $7.
On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $8.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NYMT now has a Market Capitalization of 598677056 and an Enterprise Value of 9297339392. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 48.284.
Stock Price History:
The Beta on a monthly basis for NYMT is 1.30, which has changed by 0.13527393 over the last 52 weeks, in comparison to a change of 0.12463009 over the same period for the S&P500. Over the past 52 weeks, NYMT has reached a high of $7.27, while it has fallen to a 52-week low of $5.01. The 50-Day Moving Average of the stock is 2.91%, while the 200-Day Moving Average is calculated to be 6.64%.
Shares Statistics:
Over the past 3-months, NYMT traded about 774.48K shares per day on average, while over the past 10 days, NYMT traded about 821590 shares per day. A total of 90.53M shares are outstanding, with a floating share count of 83.75M. Insiders hold about 7.25% of the company’s shares, while institutions hold 57.49% stake in the company. Shares short for NYMT as of 1749772800 were 2682331 with a Short Ratio of 3.46, compared to 1747267200 on 2125757. Therefore, it implies a Short% of Shares Outstanding of 2682331 and a Short% of Float of 3.65.
Dividends & Splits
NYMT’s forward annual dividend rate is 0.80, up from 0.8 a year ago. Against a Trailing Annual Dividend Yield of 0.12383901The stock’s 5-year Average Dividend Yield is 13.6.
