The latest price target for New York Mortgage Trust (NASDAQ:NYMT) was reported by Jones Trading on November 14, 2024. The analyst firm set a price target for $7.50 expecting NYMT to rise to within 12 months (a possible 28.87% 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 Jones Trading, and New York Mortgage Trust upgraded 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 November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.

While ratings are subjective and will change, the latest New York Mortgage Trust (NYMT) rating was a upgraded with a price target of $0.00 to $7.50. The current price New York Mortgage Trust (NYMT) is trading at is $5.82, which is within the analyst’s predicted range.