New York Mortgage Trust(NYMT) is having a Dividend Yield of 14.39% with the Annual cash Dividend per share of $0.96. The last quarter cash dividend per share pay out was $0.24. New York Mortgage Trust has a 5 year average dividend yield of 15.56% and the stock has a Indicated annual dividend of $0.96. New York Mortgage Trust(NYMT) formally announced its most recent dividend on January 5, 2017 with a Dividend per share of $0.24. The new indicated annual dividend based on announced dividend per share is $0.96. The dividend yield based on the forward looking indicated annual dividend is 14.39%. New York Mortgage Trust(NYMT) has the most recent dividend payout ratio of 2.29 with a 5-year average payout ratio of 1.28. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 1.01. The 5 year historical dividend growth of New York Mortgage Trust(NYMT) is at the rate of -2.5% while the R-Squared dividend growth is 0.46. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
New York Mortgage Trust, Inc. (NASDAQ:NYMT) witnessed a decline in the market cap on Thursday as its shares dropped 0.15% or 0.01 points. After the session commenced at $6.67, the stock reached the higher end at $6.73 while it hit a low of $6.61. With the volume soaring to 718,580 shares, the last trade was called at $6.66. The company has a 52-week high of $7.04. The company has a market cap of $743 million and there are 111,562,258 shares in outstanding. The 52-week low of the share price is $3.89. Shares of New York Mortgage Trust, Inc. rose by 1.06% in the last five trading days and 5.71% for the last 4 weeks. New York Mortgage Trust, Inc. is up 2.46% in the last 3-month period. Year-to-Date the stock performance stands at 0.91%.
Currently the company Insiders own 0.61% of New York Mortgage Trust, Inc. shares according to the proxy statements. Institutional Investors own 29.83% of New York Mortgage Trust, Inc. shares. Company has reported several Insider transactions to the SEC, on Jun 10, 2016, Kevin M. Donlon (President) purchased 58,004 shares at 6.30 per share price.On Aug 10, 2015, Steven R Mumma (CEO) purchased 15,000 shares at 6.67 per share price.On Aug 10, 2015, Kristine Rimando Nario (CFO) purchased 2,200 shares at 6.59 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Maxim Group on Dec 19, 2016 to Buy, Raises Price Target to $ 7 from a previous price target of $6.75 .
New York Mortgage Trust Inc Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.18 EPS for the quarter. Analyst had a consensus estimate of $0.18. The company had revenue of $15.52 million for the quarter, compared to analysts expectations of $18.23 million. The companys revenue was down -15.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.20 EPS.
New York Mortgage Trust is a real estate investment trust focused on owning and managing a leveraged portfolio of residential mortgage securities and a mortgage origination business. The mortgage portfolio is comprised largely of prime adjustable-rate and hybrid mortgage loans and securities, much of which, over time will be originated by NYMTs wholly owned mortgage origination business, The New York Mortgage Company, a taxable real estate investment trust subsidiary.