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In the latest session, New York Mortgage Trust Inc (NASDAQ: NYMT) closed at $6.33 down -6.08% from its previous closing price of $6.74. In other words, the price has decreased by -$6.08 from its previous closing price. On the day, 1.89 million shares were traded. NYMT stock price reached its highest trading level at $6.65 during the session, while it also had its lowest trading level at $6.17.
Ratios:
For a deeper understanding of New York Mortgage Trust Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.79. For the most recent quarter (mrq), Quick Ratio is recorded 0.08 and its Current Ratio is at 0.03. In the meantime, Its Debt-to-Equity ratio is 6.46 whereas as Long-Term Debt/Eq ratio is at 2.90.
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 571687616 and an Enterprise Value of 9307272192. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.35, and their Forward P/E ratio for the next fiscal year is 7.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 0.68. Its current Enterprise Value per Revenue stands at 48.335.
Stock Price History:
The Beta on a monthly basis for NYMT is 1.32, which has changed by 0.025931954 over the last 52 weeks, in comparison to a change of 0.18569505 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 -5.58%, while the 200-Day Moving Average is calculated to be 0.97%.
Shares Statistics:
For the past three months, NYMT has traded an average of 691.69K shares per day and 782000 over the past ten days. A total of 90.31M shares are outstanding, with a floating share count of 83.75M. Insiders hold about 7.25% of the company’s shares, while institutions hold 57.55% stake in the company. Shares short for NYMT as of 1752537600 were 2682570 with a Short Ratio of 3.88, compared to 1749772800 on 2682331. Therefore, it implies a Short% of Shares Outstanding of 2682570 and a Short% of Float of 3.65.
Dividends & Splits
According to the company, the forward annual dividend rate for NYMT is 0.80, from 0.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 13.39.
