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After finishing at $5.32 in the prior trading day, New York Mortgage Trust Inc (NASDAQ: NYMT) closed at $5.32, up 0.19%. In other words, the price has increased by $0.19 from its previous closing price. On the day, 0.78 million shares were traded. NYMT stock price reached its highest trading level at $5.3726 during the session, while it also had its lowest trading level at $5.135.
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 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 482271392 and an Enterprise Value of 8434058752. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.92 while its Price-to-Book (P/B) ratio in mrq is 0.56. Its current Enterprise Value per Revenue stands at 58.88.
Stock Price History:
The Beta on a monthly basis for NYMT is 1.32, which has changed by -0.22416306 over the last 52 weeks, in comparison to a change of 0.059571505 over the same period for the S&P500. Over the past 52 weeks, NYMT has reached a high of $7.25, while it has fallen to a 52-week low of $5.01. The 50-Day Moving Average of the stock is -17.02%, while the 200-Day Moving Average is calculated to be -14.14%.
Shares Statistics:
The stock has traded on average 734.78K shares per day over the past 3-months and 1024730 shares per day over the last 10 days, according to various share statistics. 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 1743379200 were 2152039 with a Short Ratio of 2.93, compared to 1740700800 on 2417317. Therefore, it implies a Short% of Shares Outstanding of 2152039 and a Short% of Float of 2.91.
Dividends & Splits
In the trailing 12 months, NYMT’s forward annual dividend rate was 0.8, compared to 0.80 this year. Against a Trailing Annual Dividend Yield of 0.1505174The stock’s 5-year Average Dividend Yield is 14.26.
