Comments
Loading...

New York Mortgage Trust

NYMTNASDAQ
Logo brought to you by Benzinga Data
$5.58
-0.03-0.53%
At close: -
$5.58
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Q3 2024 Earnings in 11 days from now on Wed Oct 30th, after the market close
Consensus Rating1
Neutral
Highest Price Target1
$13.00
Lowest Price Target1
$3.00
Consensus Price Target1
$7.34

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 10 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 43.37% upside for New York Mortgage Trust Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
May
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.1
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

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

Data brought to you by Benzinga APIs

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 Janney Montgomery Scott on August 13, 2024. The analyst firm set a price target for $0.00 expecting NYMT to fall to within 12 months (a possible -100.00% downside). 5 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 Janney Montgomery Scott, and New York Mortgage Trust initiated their neutral 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 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.

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 August 13, 2024 so you should expect the next rating to be made available sometime around August 13, 2025.

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 initiated with a price target of $0.00 to $0.00. The current price New York Mortgage Trust (NYMT) is trading at is $5.58, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch