Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy New York Mortgage Trust stock

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

Posted

Fact checked

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 55 staff and has a market cap (total outstanding shares value) of USD$1.4 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 2020-11-26.
52-week range USD$0.9368 - USD$6.1137
50-day moving average USD$2.8711
200-day moving average USD$2.6196
Wall St. target price USD$3.57
PE ratio 3.4063
Dividend yield USD$0.3 (8.45%)
Earnings per share (TTM) USD$0.491

Buy New York Mortgage Trust shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee
Vanguard
$0
Stocks, Mutual funds, ETFs, Forex
$1
$20 per year
Get a personal advisor when you open an account with at least $50,000.
Robinhood
$0
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
A free way to invest in stocks, ETFs and crypto.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, Index funds, ETFs, Futures, Cash
$0 + $0.65/contract, $1 minimum
0%
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
TD Ameritrade
$0
or $25 broker-assisted
Stocks
$0 + $0.65/contract,
or $25 broker-assisted
TD Ameritrade features $0 commission for online stock, but watch out for high short-term ETF and broker-assisted trading fees.
loading

Compare up to 4 providers

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 124.19%
Gross profit TTM USD$212 million
Return on assets TTM -2.49%
Return on equity TTM -14.78%
Profit margin 0%
Book value $4.629
Market capitalisation USD$1.4 billion

TTM: trailing 12 months

Shorting New York Mortgage Trust shares

There are currently 10.6 million New York Mortgage Trust shares held short by investors – that's known as New York Mortgage Trust's "short interest". This figure is 64.3% up from 6.4 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 2.8 million). New York Mortgage Trust's SIR currently stands at 3.81. In other words for every 100,000 New York Mortgage Trust shares traded daily on the market, roughly 3810 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 0.03% of the outstanding shares (for every 100,000 New York Mortgage Trust shares in existence, roughly 30 shares are currently held short) or 0.0323% of the tradable shares (for every 100,000 tradable New York Mortgage Trust shares, roughly 32 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 29 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 $0.9368 up to $6.1137. A popular way to gauge a stock's volatility is its "beta".

NYMT.US volatility(beta: 1.84)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 1.8444. 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 and residential housing-related assets in the United States. Its investment portfolio includes structured multi-family property investments, such as multi-family commercial mortgage-backed securities and preferred equity in, and mezzanine loans to owners of multi-family properties; residential mortgage loans, including distressed residential mortgage loans, non-qualified mortgage loans, second mortgages, residential bridge loans, and other residential mortgage loans; non-agency residential mortgage-backed securities(RMBS); agency RMBS and CMBS; and other mortgage-related, residential housing-related, 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 founded in 2003 and is headquartered in New York, New York.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

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.
Go to site