For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, New York Mortgage Trust Inc (NASDAQ: NYMT) closed at $5.66 up 5.20% from its previous closing price of $5.38. In other words, the price has increased by $5.20 from its previous closing price. On the day, 2.0 million shares were traded. NYMT stock price reached its highest trading level at $5.775 during the session, while it also had its lowest trading level at $5.015.
Ratios:
For a deeper understanding of New York Mortgage Trust Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 5.43 whereas as Long-Term Debt/Eq ratio is at 2.55.
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 512611456 and an Enterprise Value of 8484323328. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at 59.231.
Stock Price History:
The Beta on a monthly basis for NYMT is 1.28, which has changed by -0.19943422 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, NYMT has reached a high of $7.34, while it has fallen to a 52-week low of $5.14. The 50-Day Moving Average of the stock is -12.16%, while the 200-Day Moving Average is calculated to be -8.86%.
Shares Statistics:
For the past three months, NYMT has traded an average of 717.30K shares per day and 949450 over the past ten days. A total of 90.57M shares are outstanding, with a floating share count of 83.94M. Insiders hold about 7.31% of the company’s shares, while institutions hold 59.37% stake in the company. Shares short for NYMT as of 1741910400 were 2229826 with a Short Ratio of 3.11, compared to 1739491200 on 2774920. Therefore, it implies a Short% of Shares Outstanding of 2229826 and a Short% of Float of 3.01.
Dividends & Splits
According to the company, the forward annual dividend rate for NYMT is 0.80, from 0.8 in the trailing year. Against a Trailing Annual Dividend Yield of 0.14869888The stock’s 5-year Average Dividend Yield is 14.26.
