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The price of New York Mortgage Trust Inc (NASDAQ: NYMT) closed at $5.89 in the last session, up 1.55% from day before closing price of $5.80. In other words, the price has increased by $1.55 from its previous closing price. On the day, 0.59 million shares were traded. NYMT stock price reached its highest trading level at $5.92 during the session, while it also had its lowest trading level at $5.795.
Ratios:
We take a closer look at NYMT’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 4.93 whereas as Long-Term Debt/Eq ratio is at 2.43.
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 533512640 and an Enterprise Value of 8016760832. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 31.744.
Stock Price History:
Over the past 52 weeks, NYMT has reached a high of $9.67, while it has fallen to a 52-week low of $5.14. The 50-Day Moving Average of the stock is -0.55%, while the 200-Day Moving Average is calculated to be -8.32%.
Shares Statistics:
According to the various share statistics, NYMT traded on average about 660.74K shares per day over the past 3-months and 711450 shares per day over the past 10 days. A total of 90.68M shares are outstanding, with a floating share count of 88.95M. Insiders hold about 1.80% of the company’s shares, while institutions hold 58.39% stake in the company. Shares short for NYMT as of 1730332800 were 2803354 with a Short Ratio of 4.24, compared to 1727654400 on 2337175. Therefore, it implies a Short% of Shares Outstanding of 2803354 and a Short% of Float of 3.7900000000000005.
Dividends & Splits
The forward annual dividend rate for NYMT is 0.80, which was 0.8 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.13793103The stock’s 5-year Average Dividend Yield is 14.94.
