Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

How to buy New York Mortgage Trust stock (NYMT)

Buy New York Mortgage Trust stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

New York Mortgage Trust is a reit - mortgage business based in the US. New York Mortgage Trust shares (NYMT) are listed on the NASDAQ and all prices are listed in US Dollars. New York Mortgage Trust employs 79 staff and has a trailing 12-month revenue of around $152 million.

Our top picks for where to buy New York Mortgage Trust stock

Top pick for advanced traders

Go to site
Get up to $5,000 cash
  • Trade options, futures, options on futures, stocks, ETFs
  • $0 commission to close options
  • Pro-grade platform and risk analysis tools

Our pick for investing by theme

Go to site
Earn up to $300 on new deposits
  • Trade $0 commission stocks & ETFs with as little as $1
  • Theme and ETF screener
  • Discover new opportunities with Opto's AI-driven classification system

Our pick for transfer bonus

Go to site
Get up to $10,000 cash
  • Trade stocks, options, ETFs, mutual funds, alternative asset funds
  • $0 commission on stocks, ETFs and options, with no options contract fees
  • Complimentary access to a financial planner and automated investing

How to buy New York Mortgage Trust stock

  1. Choose a stock trading platform. Use our comparison table
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – NYMT. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Buy New York Mortgage Trust stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.
1 - 4 of 4
Name Product Ratings Available asset types Stock trade fee Minimum deposit Cash sweep APY Signup bonus
Tastytrade
Finder Score: 4.4 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $50-$5,000
Competitive, capped options commissions, with a reliable trading platform designed for serious traders.
OPTO
Finder Score: 3.1 / 5: ★★★★★
OPTO
★★★★★
Stocks, ETFs
$0
$0
N/A
Earn up to $300
AI-driven thematic investing, with proprietary research, fractional shares and commission-free stocks and ETFs.
SoFi Invest®
Finder Score: 4.2 / 5: ★★★★★
SoFi Invest®
★★★★★
Stocks, Options, Mutual funds, ETFs, Alternatives
$0
$0
0.02%
Get up to $10,000 cash
Zero-commission stocks, ETFs and options, with no options per-contract fees. Plus, a no-advisory-fee robo-advisor and complimentary access to financial planners.
Robinhood
Finder Score: 4.4 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
5%
Get a free stock
Trade stocks, options, ETFs and crypto without commissions and on a user-friendly platform. Plus, a 1% IRA match and no options contract fees.
loading

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

New York Mortgage Trust stock price (NASDAQ: NYMT)

Use our graph to track the performance of NYMT stocks over time.

New York Mortgage Trust shares at a glance

Information last updated 2024-09-02.
Latest market close$6.45
52-week range$5.46 - $8.88
50-day moving average $6.35
200-day moving average $7.16
Wall St. target price$7.70
PE ratio N/A
Dividend yield $0.9 (12%)
Earnings per share (TTM) $-1.74

Is it a good time to buy New York Mortgage Trust stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

New York Mortgage Trust price performance over time

Historical closes compared with the close of $6.45 from 2024-09-03

1 week (2024-08-29) -3.15%
1 month (2024-08-05) 10.26%
3 months (2024-06-05) 7.32%
6 months (2024-03-05) -7.59%
1 year (2023-09-05) -30.65%
2 years (2022-09-02) 133.70%
3 years (2021-09-03) 47.26%
5 years (2019-09-05) 24.46%

Is New York Mortgage Trust stock undervalued or overvalued?

Valuing New York Mortgage Trust stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of New York Mortgage Trust's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

New York Mortgage Trust's PEG ratio

New York Mortgage Trust's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.97. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into New York Mortgage Trust's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

New York Mortgage Trust financials

Revenue TTM $152 million
Gross profit TTM $-181,690,000
Return on assets TTM -2.28%
Return on equity TTM -10.27%
Profit margin -76.38%
Book value $9.90
Market Capitalization $604.2 million

TTM: trailing 12 months

New York Mortgage Trust share dividends

Dividend payout ratio: 800% of net profits

Recently New York Mortgage Trust has paid out, on average, around 800% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 12% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), New York Mortgage Trust shareholders could enjoy a 12% return on their shares, in the form of dividend payments. In New York Mortgage Trust's case, that would currently equate to about $0.9 per share.

New York Mortgage Trust's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

New York Mortgage Trust's most recent dividend payout was on 28 July 2024. The latest dividend was paid out to all shareholders who bought their shares by 27 June 2024 (the "ex-dividend date").

Have New York Mortgage Trust's shares ever split?

New York Mortgage Trust's shares were split on a 1:4 basis on 8 March 2023. So if you had owned 4 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your New York Mortgage Trust shares – just the quantity. However, indirectly, the new 300% higher share price could have impacted the market appetite for New York Mortgage Trust shares which in turn could have impacted New York Mortgage Trust's share price.

New York Mortgage Trust share price volatility

Over the last 12 months, New York Mortgage Trust's shares have ranged in value from as little as $5.4588 up to $8.8827. A popular way to gauge a stock's volatility is its "beta".

NYMT.US volatility(beta: 1.98)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while New York Mortgage Trust's is 1.981. This would suggest that New York Mortgage Trust's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

New York Mortgage Trust overview

New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, including business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); single-family rental properties; and other mortgage, residential housing, and credit-related assets. The company also qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. New York Mortgage Trust, Inc. was incorporated in 2003 and is headquartered in New York, New York.

Frequently asked questions

What percentage of New York Mortgage Trust is owned by insiders or institutions?
Currently 1.573% of New York Mortgage Trust shares are held by insiders and 59.782% by institutions.
How many people work for New York Mortgage Trust?
Latest data suggests 79 work at New York Mortgage Trust.
When does the fiscal year end for New York Mortgage Trust?
New York Mortgage Trust's fiscal year ends in December.
Where is New York Mortgage Trust based?
New York Mortgage Trust's address is: 90 Park Avenue, New York, NY, United States, 10016
What is New York Mortgage Trust's ISIN number?
New York Mortgage Trust's international securities identification number is: US6496045013
What is New York Mortgage Trust's CUSIP number?
New York Mortgage Trust's Committee on Uniform Securities Identification Procedures number is: 649604105

More guides on Finder

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site