New York Mortgage Trust, Inc. (NYMT) Stock

About New York Mortgage Trust, Inc.

New York Mortgage Trust, Inc. is a company primarily engaged in obtaining, funding, overseeing, and investing in a variety of residential mortgage-related assets, spanning both single-family and multi-family properties within the United States. Its comprehensive investment strategy covers a broad spectrum of instruments, including different types of residential loans (such as second mortgages and loans for business purposes), structured investments in multi-family properties (like preferred equity stakes, mezzanine financing for property owners, and joint venture equity contributions), and various mortgage-backed securities. These securities include both government-backed (agency) and non-government-backed (non-agency) residential mortgage-backed securities (RMBS), as well as commercial mortgage-backed securities (CMBS). The company's portfolio also extends to other credit and housing-related assets. Operating as a Real Estate Investment Trust (REIT) for federal tax purposes, the company can typically avoid federal corporate income taxes, provided it distributes at least 90% of its taxable profits to its shareholders. New York Mortgage Trust, Inc. was founded in 2003 and maintains its principal offices in New York, New York.

New York Mortgage Trust, Inc. is headquartered in US.

New York Mortgage Trust, Inc. (NYMT) stock trades at $7.11 with a market capitalization of $642.13M. The stock is valued at a price-to-earnings (P/E) ratio of 4.80, price-to-book of 0.44, price-to-sales of 3.60. Over the past 52 weeks the stock has ranged between $5.01 and $7.49, and currently trades 5.1% below its 52-week high. It pays a dividend yielding 15.19%.

On profitability, New York Mortgage Trust, Inc. generates a return on equity (ROE) of 12.57%, above the typical market average, return on capital employed of 0.00%, an operating margin of 0.00%, a net profit margin of 101.13%.

Official website: www.adamasreit.com