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After finishing at $6.21 in the prior trading day, New York Mortgage Trust Inc (NASDAQ: NYMT) closed at $6.15, down -0.97%. In other words, the price has decreased by -$0.97 from its previous closing price. On the day, 1.02 million shares were traded. NYMT stock price reached its highest trading level at $6.25 during the session, while it also had its lowest trading level at $6.13.
Ratios:
Our goal is to gain a better understanding of NYMT by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 3.84 whereas as Long-Term Debt/Eq ratio is at 2.11.
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, UBS on December 06, 2023, initiated with a Neutral rating and assigned the stock a target price of $8.50.
Keefe Bruyette Downgraded its Outperform to Mkt Perform on July 18, 2022, while the target price for the stock was maintained at $3.
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 566544768 and an Enterprise Value of 6597726720. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 43.038.
Stock Price History:
Over the past 52 weeks, NYMT has reached a high of $10.30, while it has fallen to a 52-week low of $5.78. The 50-Day Moving Average of the stock is -12.91%, while the 200-Day Moving Average is calculated to be -24.68%.
Shares Statistics:
The stock has traded on average 662.73K shares per day over the past 3-months and 783500 shares per day over the last 10 days, according to various share statistics. A total of 90.68M shares are outstanding, with a floating share count of 89.80M. Insiders hold about 1.57% of the company’s shares, while institutions hold 56.73% stake in the company. Shares short for NYMT as of 1713139200 were 2329465 with a Short Ratio of 3.51, compared to 1710460800 on 2162630. Therefore, it implies a Short% of Shares Outstanding of 2329465 and a Short% of Float of 3.1600002000000003.
Dividends & Splits
In the trailing 12 months, NYMT’s forward annual dividend rate was 1.0, compared to 1.00 this year. Against a Trailing Annual Dividend Yield of 0.16103059The stock’s 5-year Average Dividend Yield is 14.81.
