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New York Mortgage Trust
NYMTNASDAQ
New York Mortgage Trust (NASDAQ:NYMT) Stock, Analyst Ratings, Price Targets, Forecasts
New York Mortgage Trust Inc has a consensus price target of $7.34 based on the ratings of 9 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 UBS, Keefe, Bruyette & Woods, and B. Riley Securities on May 8, 2024, May 3, 2024, and March 25, 2024, respectively. With an average price target of $8 between UBS, Keefe, Bruyette & Woods, and B. Riley Securities, there's an implied 20.48% upside for New York Mortgage Trust Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
UBS
Keefe, Bruyette & Woods
B. Riley Securities
Credit Suisse
Maxim Group
1calculated from analyst ratings
Analyst Ratings for New York Mortgage Trust
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/08/2024 | Buy Now | -9.64% | UBS | Douglas Harter | $7.5 → $6 | Maintains | Neutral | Get Alert |
| 05/03/2024 | Buy Now | 5.42% | Keefe, Bruyette & Woods | Bose George | $8.5 → $7 | Maintains | Market Perform | Get Alert |
| 03/25/2024 | Buy Now | 65.66% | B. Riley Securities | Matt Howlett | $15 → $11 | Reiterates | Buy → Buy | Get Alert |
| 12/06/2023 | Buy Now | 28.01% | UBS | Douglas Harter | → $8.5 | Initiates | → Neutral | Get Alert |
| 08/14/2023 | Buy Now | 125.9% | B. Riley Securities | Matt Howlett | $20 → $15 | Maintains | Buy | Get Alert |
| 05/22/2023 | Buy Now | 80.72% | Credit Suisse | Douglas Harter | → $12 | Reiterates | Neutral → Neutral | Get Alert |
| 05/10/2023 | Buy Now | 54.37% | Keefe, Bruyette & Woods | Bose George | $10 → $10.25 | Maintains | Market Perform | Get Alert |
| 05/09/2023 | Buy Now | 95.78% | Maxim Group | Michelle Chang | $14 → $13 | Maintains | Buy | Get Alert |
| 03/17/2023 | Buy Now | 50.6% | Keefe, Bruyette & Woods | Bose George | $2.5 → $10 | Maintains | Market Perform | Get Alert |
| 03/08/2023 | Buy Now | -62.35% | Keefe, Bruyette & Woods | Bose George | $12 → $10 | Maintains | Market Perform | Get Alert |
| 03/01/2023 | Buy Now | — | JonesTrading | Jason Stewart | — | Downgrade | Buy → Hold | Get Alert |
| 02/24/2023 | Buy Now | -54.82% | Ladenburg Thalmann | Christopher Nolan | → $12 | Downgrade | Buy → Neutral | Get Alert |
| 10/25/2022 | Buy Now | -24.7% | B. Riley Securities | Matt Howlett | $22 → $20 | Maintains | Buy | Get Alert |
| 08/04/2022 | Buy Now | -39.76% | JonesTrading | Jason Stewart | $17 → $16 | Maintains | Buy | Get Alert |
| 07/18/2022 | Buy Now | -54.82% | Keefe, Bruyette & Woods | Bose George | → $12 | Downgrade | Outperform → Market Perform | Get Alert |
| 07/18/2022 | Buy Now | -54.82% | Barclays | Mark Devries | $14 → $12 | Maintains | Equal-Weight | Get Alert |
| 04/27/2022 | Buy Now | -47.29% | Barclays | Mark Devries | $16 → $14 | Maintains | Equal-Weight | Get Alert |
| 03/09/2022 | Buy Now | -43.52% | B of A Securities | Derek Hewett | $18 → $15 | Maintains | Underperform | Get Alert |
| 02/23/2022 | Buy Now | -32.23% | Keefe, Bruyette & Woods | Bose George | → $18 | Upgrade | Market Perform → Outperform | Get Alert |
| 02/22/2022 | Buy Now | -32.23% | JonesTrading | Jason Stewart | $20 → $18 | Maintains | Buy | Get Alert |
FAQ
What is the target price for New York Mortgage Trust (NYMT) stock?
The latest price target for New York Mortgage Trust (NASDAQ:NYMT) was reported by UBS on May 8, 2024. The analyst firm set a price target for $6.00 expecting NYMT to fall to within 12 months (a possible -9.64% downside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for New York Mortgage Trust (NYMT)?
The latest analyst rating for New York Mortgage Trust (NASDAQ:NYMT) was provided by UBS, and New York Mortgage Trust maintained their neutral rating.
When was the last upgrade for New York Mortgage Trust (NYMT)?
The last upgrade for New York Mortgage Trust Inc happened on February 23, 2022 when Keefe, Bruyette & Woods raised their price target to $4.5. Keefe, Bruyette & Woods previously had a market perform for New York Mortgage Trust Inc.
When was the last downgrade for New York Mortgage Trust (NYMT)?
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.
When is the next analyst rating going to be posted or updated for New York Mortgage Trust (NYMT)?
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 May 8, 2024 so you should expect the next rating to be made available sometime around May 8, 2025.
Is the Analyst Rating New York Mortgage Trust (NYMT) correct?
While ratings are subjective and will change, the latest New York Mortgage Trust (NYMT) rating was a maintained with a price target of $7.50 to $6.00. The current price New York Mortgage Trust (NYMT) is trading at is $6.64, which is out of the analyst’s predicted range.
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