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In the latest session, New York Mortgage Trust Inc (NASDAQ: NYMT) closed at $6.51 down -7.79% from its previous closing price of $7.06. In other words, the price has decreased by -$7.79 from its previous closing price. On the day, 0.71 million shares were traded.
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 2.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.30. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08 while its Price-to-Book (P/B) ratio in mrq is 0.68.
Stock Price History:
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 3.50%, while the 200-Day Moving Average is calculated to be 5.24%.
Shares Statistics:
A total of 90.53M shares are outstanding, with a floating share count of 83.69M. Insiders hold about 7.31% of the company’s shares, while institutions hold 57.25% stake in the company.
Earnings Estimates
A comprehensive evaluation of New York Mortgage Trust Inc (NYMT) is underway, with the input of 4.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.22, with high estimates of $0.24 and low estimates of $0.2.
Analysts are recommending an EPS of between $0.96 and $0.8 for the fiscal current year, implying an average EPS of $0.89. EPS for the following year is $0.9, with 4.0 analysts recommending between $1.0 and $0.8.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $38.67M this quarter.It ranges from a high estimate of $46.1M to a low estimate of $32.71M. As of the current estimate, New York Mortgage Trust Inc’s year-ago sales were $19.04MFor the next quarter, 4 analysts are estimating revenue of $39.46M. There is a high estimate of $46M for the next quarter, whereas the lowest estimate is $35M.
A total of 4 analysts have provided revenue estimates for NYMT’s current fiscal year. The highest revenue estimate was $171.3M, while the lowest revenue estimate was $134.95M, resulting in an average revenue estimate of $150.63M. In the same quarter a year ago, actual revenue was $83.86MBased on 4 analysts’ estimates, the company’s revenue will be $166.58M in the next fiscal year. The high estimate is $197.2M and the low estimate is $144.24M.
