How to buy New York Mortgage Trust stock - 11 April

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How to buy New York Mortgage Trust stock

Own New York Mortgage Trust stock in just a few minutes.

New York Mortgage Trust, Inc 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 56 staff and has a market cap (total outstanding shares value) of USD$1.7 billion.

How to buy shares in New York Mortgage Trust

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for New York Mortgage Trust. Find the stock by name or ticker symbol: NYMT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until New York Mortgage Trust reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of New York Mortgage Trust, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of New York Mortgage Trust. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

New York Mortgage Trust share price

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

New York Mortgage Trust shares at a glance

Information last updated 2021-04-09.
52-week rangeUSD$1.3715 - USD$4.674
50-day moving average USD$4.4106
200-day moving average USD$3.5925
Wall St. target priceUSD$4.57
PE ratio 3.4063
Dividend yield USD$0.225 (4.99%)
Earnings per share (TTM) USD$0.491

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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.

Is New York Mortgage Trust under- or over-valued?

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 P/E ratio

New York Mortgage Trust's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, New York Mortgage Trust shares trade at around 3x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

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

Operating margin TTM 126.52%
Gross profit TTM USD$-218,058,000
Return on assets TTM -2.05%
Return on equity TTM -12.78%
Profit margin 0%
Book value $4.756
Market capitalisation USD$1.7 billion

TTM: trailing 12 months

Shorting New York Mortgage Trust shares

There are currently 8.8 million New York Mortgage Trust shares held short by investors – that's known as New York Mortgage Trust's "short interest". This figure is 5.1% down from 9.3 million last month.

There are a few different ways that this level of interest in shorting New York Mortgage Trust shares can be evaluated.

New York Mortgage Trust's "short interest ratio" (SIR)

New York Mortgage Trust's "short interest ratio" (SIR) is the quantity of New York Mortgage Trust shares currently shorted divided by the average quantity of New York Mortgage Trust shares traded daily (recently around 4.0 million). New York Mortgage Trust's SIR currently stands at 2.18. In other words for every 100,000 New York Mortgage Trust shares traded daily on the market, roughly 2180 shares are currently held short.

However New York Mortgage Trust's short interest can also be evaluated against the total number of New York Mortgage Trust shares, or, against the total number of tradable New York Mortgage Trust shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case New York Mortgage Trust's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 New York Mortgage Trust shares in existence, roughly 20 shares are currently held short) or 0.0268% of the tradable shares (for every 100,000 tradable New York Mortgage Trust shares, roughly 27 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against New York Mortgage Trust.

Find out more about how you can short New York Mortgage Trust stock.

New York Mortgage Trust share dividends

We're not expecting New York Mortgage Trust to pay a dividend over the next 12 months.

Have New York Mortgage Trust's shares ever split?

New York Mortgage Trust's shares were split on a 1:2 basis on 28 May 2008. So if you had owned 2 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 100% 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 $1.3715 up to $4.674. A popular way to gauge a stock's volatility is its "beta".

NYMT.US volatility(beta: 2)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 1.9978. 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, second mortgages, and business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties, as well as joint venture equity investments in multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); and other mortgage, residential housing, and credit-related assets. The company 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. The company was incorporated in 2003 and is headquartered in New York, New York.

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