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.
1calculated from analyst ratings
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.
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.
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.
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.
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.
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.
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