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New York Mortgage Trust

NYMTNASDAQ
Logo brought to you by Benzinga Data
$6.03
-0.01000-0.17%
At close: -
$6.04
0.009900.16%
After Hours: Jan 31, 6:17 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$13.00
Lowest Price Target1
$3.00
Consensus Price Target1
$7.03

New York Mortgage Trust (NASDAQ:NYMT) Stock, Analyst Ratings, Price Targets, Forecasts

New York Mortgage Trust Inc has a consensus price target of $7.03 based on the ratings of 11 analysts. The high is $13 issued by Maxim Group on May 9, 2023. The low is $3 issued by Ladenburg Thalmann on February 24, 2023. The 3 most-recent analyst ratings were released by B. Riley Securities, Jones Trading, and UBS on January 7, 2025, November 14, 2024, and May 8, 2024, respectively. With an average price target of $7.17 between B. Riley Securities, Jones Trading, and UBS, there's an implied 18.66% upside for New York Mortgage Trust Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Aug 24
1
Nov 24
1
Jan
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.3
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B. Riley Securities
Jones Trading
UBS
Keefe, Bruyette & Woods
Credit Suisse

1calculated from analyst ratings

Analyst Ratings for New York Mortgage Trust

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FAQ

Q

What is the target price for New York Mortgage Trust (NYMT) stock?

A

The latest price target for New York Mortgage Trust (NASDAQ:NYMT) was reported by B. Riley Securities on January 7, 2025. The analyst firm set a price target for $8.00 expecting NYMT to rise to within 12 months (a possible 32.45% upside). 6 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for New York Mortgage Trust (NYMT)?

A

The latest analyst rating for New York Mortgage Trust (NASDAQ:NYMT) was provided by B. Riley Securities, and New York Mortgage Trust maintained their buy rating.

Q

When was the last upgrade for New York Mortgage Trust (NYMT)?

A

The last upgrade for New York Mortgage Trust Inc happened on November 14, 2024 when Jones Trading raised their price target to $7.5. Jones Trading previously had a hold for New York Mortgage Trust Inc.

Q

When was the last downgrade for New York Mortgage Trust (NYMT)?

A

The last downgrade for New York Mortgage Trust Inc happened on March 1, 2023 when JonesTrading changed their price target from N/A to N/A for New York Mortgage Trust Inc.

Q

When is the next analyst rating going to be posted or updated for New York Mortgage Trust (NYMT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of New York Mortgage Trust, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for New York Mortgage Trust was filed on January 7, 2025 so you should expect the next rating to be made available sometime around January 7, 2026.

Q

Is the Analyst Rating New York Mortgage Trust (NYMT) correct?

A

While ratings are subjective and will change, the latest New York Mortgage Trust (NYMT) rating was a maintained with a price target of $11.00 to $8.00. The current price New York Mortgage Trust (NYMT) is trading at is $6.04, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.