New York Mortgage Trust (NYMT) Stock Forecast, Price Target & Predictions
NYMT Stock Forecast
New York Mortgage Trust stock forecast is as follows: an average price target of $21.25 (represents a 221.48% upside from NYMT’s last price of $6.61) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.
NYMT Price Target
The average price target for New York Mortgage Trust (NYMT) is $21.25 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $48.00 to $11.00. This represents a potential 221.48% upside from NYMT's last price of $6.61.
NYMT Analyst Ratings
According to 6 Wall Street analysts, New York Mortgage Trust's rating consensus is 'Hold'. The analyst rating breakdown for NYMT stock is 0 'Strong Buy' (0.00%), 1 'Buy' (16.67%), 4 'Hold' (66.67%), 1 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).
New York Mortgage Trust Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Mar 25, 2024 | Matt Howlett | B.Riley Financial | $11.00 | $6.99 | 57.37% | 66.41% |
| Sep 12, 2023 | Douglas Harter | New Street | $12.00 | $9.25 | 29.73% | 81.54% |
| Sep 12, 2023 | Douglas Harter | Credit Suisse | $14.00 | $9.25 | 51.35% | 111.80% |
| Jul 17, 2022 | Mark DeVries | Barclays | $48.00 | $45.12 | 6.38% | 626.17% |
| Apr 27, 2022 | - | Barclays | $56.00 | $50.48 | 10.94% | 747.20% |
The latest New York Mortgage Trust stock forecast, released on Mar 25, 2024 by Matt Howlett from B.Riley Financial, set a price target of $11.00, which represents a 57.37% increase from the stock price at the time of the forecast ($6.99), and a 66.41% increase from NYMT last price ($6.61).
New York Mortgage Trust Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $11.00 |
| Last Closing Price | $6.61 | $6.61 | $6.61 |
| Upside/Downside | -100.00% | -100.00% | 66.41% |
In the current month, the average price target of New York Mortgage Trust stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to New York Mortgage Trust's last price of $6.61. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 13, 2024 | Janney Montgomery | - | Neutral | Initialise |
| May 03, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Sep 12, 2023 | Credit Suisse | Neutral | Neutral | Hold |
| Sep 12, 2023 | Citigroup | Neutral | Neutral | Hold |
| Jul 17, 2022 | Barclays | Cautious | Cautious | Hold |
| Apr 27, 2022 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Apr 27, 2022 | Barclays | Cautious | Cautious | Hold |
| Apr 26, 2022 | Zacks Investment Research | - | Sell | Downgrade |
| Feb 23, 2022 | Keefe, Bruyette & Woods | - | Outperform | Upgrade |
| Feb 22, 2022 | JonesTrading | Buy | Buy | Hold |
New York Mortgage Trust's last stock rating was published by Janney Montgomery on Aug 13, 2024. The company Initialise its NYMT rating from "null" to "Neutral".
New York Mortgage Trust Financial Forecast
New York Mortgage Trust Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $16.80M | $16.79M | $15.14M | $84.63M | $25.83M | $14.22M | - | $29.88M | $58.23M | $74.01M | $61.99M | $65.17M | $81.10M | $106.25M | $130.61M | $210.61M | $66.80M | $49.43M |
| Avg Forecast | $52.15M | $51.26M | $50.42M | $49.34M | $94.40M | $93.40M | $94.10M | $94.80M | $96.80M | $98.10M | $86.40M | $80.40M | $75.90M | $63.20M | $57.60M | $56.80M | $74.03M | $80.10M | $70.92M | $55.90M | $56.62M | $57.71M | $48.87M | $46.05M | $42.37M | $38.44M | $36.50M | $59.56M | $66.87M | $63.51M |
| High Forecast | $63.77M | $62.68M | $61.65M | $60.33M | $115.43M | $114.20M | $115.06M | $115.92M | $118.36M | $116.48M | $105.64M | $98.31M | $92.81M | $85.80M | $70.43M | $69.45M | $90.52M | $97.94M | $70.92M | $68.57M | $69.46M | $70.79M | $59.96M | $56.49M | $51.97M | $47.15M | $44.77M | $73.06M | $82.03M | $77.91M |
| Low Forecast | $45.20M | $44.43M | $43.70M | $42.76M | $81.82M | $80.95M | $81.56M | $82.17M | $83.90M | $83.01M | $74.89M | $69.68M | $65.78M | $54.41M | $49.93M | $49.23M | $64.16M | $69.42M | $70.92M | $43.23M | $43.79M | $44.63M | $37.80M | $35.61M | $32.77M | $29.73M | $28.23M | $46.06M | $51.72M | $49.12M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.22% | 0.27% | 0.26% | 1.49% | 0.35% | 0.18% | - | 0.53% | 1.03% | 1.28% | 1.27% | 1.42% | 1.91% | 2.76% | 3.58% | 3.54% | 1.00% | 0.78% |
New York Mortgage Trust's average Quarter revenue forecast for Mar 24 based on 0 analysts is $80.40M, with a low forecast of $69.68M, and a high forecast of $98.31M. NYMT's average Quarter revenue forecast represents a 378.57% increase compared to the company's last Quarter revenue of $16.80M (Dec 23).
New York Mortgage Trust EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $31.60M | $-39.32M | $11.31M | $59.55M | $-36.32M | $-64.84M | - | $-50.13M | $74.78M | $87.55M | $85.46M | $82.50M | $111.81M | $120.70M | $139.18M | $-425.09M | $165.46M | $188.82M |
| Avg Forecast | $20.71M | $20.36M | $20.02M | $19.60M | $37.49M | $37.10M | $37.37M | $37.65M | $38.45M | $38.96M | $34.32M | $-202.85M | $30.15M | $25.10M | $22.88M | $-216.95M | $29.40M | $31.81M | $28.17M | $-232.03M | $22.49M | $22.92M | $19.41M | $18.29M | $16.83M | $15.27M | $14.49M | $-5.80B | $26.56M | $25.22M |
| High Forecast | $25.33M | $24.89M | $24.48M | $23.96M | $45.84M | $45.36M | $45.70M | $46.04M | $47.01M | $46.26M | $41.96M | $-162.28M | $36.86M | $34.08M | $27.97M | $-173.56M | $35.95M | $38.90M | $28.17M | $-185.63M | $27.59M | $28.12M | $23.81M | $22.44M | $20.64M | $18.73M | $17.78M | $-4.64B | $32.58M | $30.94M |
| Low Forecast | $17.95M | $17.65M | $17.36M | $16.98M | $32.50M | $32.15M | $32.39M | $32.63M | $33.32M | $32.97M | $29.74M | $-243.42M | $26.13M | $21.61M | $19.83M | $-260.34M | $25.48M | $27.57M | $28.17M | $-278.44M | $17.39M | $17.73M | $15.01M | $14.14M | $13.01M | $11.81M | $11.21M | $-6.96B | $20.54M | $19.51M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | -1.57% | 0.49% | -0.27% | -1.24% | -2.04% | - | 0.22% | 3.33% | 3.82% | 4.40% | 4.51% | 6.65% | 7.91% | 9.60% | 0.07% | 6.23% | 7.49% |
0 analysts predict NYMT's average Quarter EBITDA for Mar 24 to be $-202.85M, with a high of $-162.28M and a low of $-243.42M. This is -741.95% lower than New York Mortgage Trust's previous annual EBITDA (Dec 23) of $31.60M.
New York Mortgage Trust Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $31.46M | $-94.82M | $-37.20M | $14.16M | $-43.22M | $-117.89M | - | $-88.72M | $34.88M | $51.58M | $53.24M | $52.21M | $80.42M | $101.64M | $117.81M | $-588.38M | $65.48M | $41.38M |
| Avg Forecast | $20.24M | $18.59M | $16.98M | $15.25M | $12.04M | $10.74M | $8.67M | $5.54M | $2.60M | $1.02M | $-608.08K | $-341.29M | $1.77M | $-14.56M | $9.31M | $-365.01M | $-6.07M | $52.61M | $24.55M | $-390.39M | $45.58M | $56.26M | $53.24M | $56.56M | $88.46M | $130.68M | $212.06M | $-8.02B | $53.93M | $48.28M |
| High Forecast | $26.10M | $23.98M | $21.90M | $19.66M | $15.52M | $13.84M | $11.18M | $7.14M | $3.35M | $1.35M | $-502.73K | $-273.03M | $2.29M | $16.01M | $12.00M | $-292.01M | $-5.02M | $63.13M | $24.55M | $-312.31M | $54.70M | $67.52M | $63.89M | $67.87M | $106.15M | $156.82M | $254.48M | $-6.42B | $64.71M | $57.93M |
| Low Forecast | $16.74M | $15.37M | $14.04M | $12.61M | $9.95M | $8.88M | $7.16M | $4.58M | $2.15M | $677.08K | $-784.15K | $-409.54M | $1.47M | $-46.59M | $7.70M | $-438.01M | $-7.82M | $42.09M | $24.55M | $-468.47M | $36.47M | $45.01M | $42.59M | $45.25M | $70.77M | $104.55M | $169.65M | $-9.63B | $43.14M | $38.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 17.73% | 6.51% | -4.00% | -0.04% | 7.12% | -2.24% | - | 0.23% | 0.77% | 0.92% | 1.00% | 0.92% | 0.91% | 0.78% | 0.56% | 0.07% | 1.21% | 0.86% |
New York Mortgage Trust's average Quarter net income forecast for Mar 24 is $-341.29M, with a range of $-409.54M to $-273.03M. NYMT's average Quarter net income forecast represents a -1184.65% decrease compared to the company's last Quarter net income of $31.46M (Dec 23).
New York Mortgage Trust SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $17.81M | $11.83M | $13.32M | $12.68M | $21.88M | $11.61M | - | $14.36M | $12.49M | $11.60M | $11.76M | $10.59M | $7.79M | $9.35M | $11.82M | $9.03M | $4.87M | $8.31M |
| Avg Forecast | $117.81M | $115.80M | $113.90M | $111.46M | $213.26M | $211.00M | $212.58M | $214.16M | $218.68M | $221.62M | $195.19M | $58.10M | $171.47M | $142.78M | $130.13M | $128.31M | $167.23M | $11.83M | $160.22M | $126.28M | $15.74M | $12.65M | $11.76M | $11.48M | $8.57M | $12.03M | $21.28M | $134.54M | $4.01M | $9.70M |
| High Forecast | $144.06M | $141.59M | $139.27M | $136.29M | $260.76M | $258.00M | $259.93M | $261.87M | $267.39M | $263.13M | $238.66M | $69.72M | $209.66M | $193.83M | $159.12M | $156.89M | $204.48M | $14.20M | $160.22M | $154.91M | $18.88M | $15.19M | $14.11M | $13.77M | $10.28M | $14.43M | $25.54M | $165.05M | $4.81M | $11.64M |
| Low Forecast | $102.11M | $100.37M | $98.72M | $96.60M | $184.84M | $182.88M | $184.25M | $185.62M | $189.54M | $187.52M | $169.17M | $46.48M | $148.61M | $122.92M | $112.79M | $111.21M | $144.95M | $9.47M | $160.22M | $97.66M | $12.59M | $10.12M | $9.41M | $9.18M | $6.86M | $9.62M | $17.03M | $104.06M | $3.21M | $7.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.10% | 0.08% | 0.10% | 0.10% | 0.13% | 0.98% | - | 0.11% | 0.79% | 0.92% | 1.00% | 0.92% | 0.91% | 0.78% | 0.56% | 0.07% | 1.21% | 0.86% |
New York Mortgage Trust's average Quarter SG&A projection for Mar 24 is $58.10M, based on 0 Wall Street analysts, with a range of $46.48M to $69.72M. The forecast indicates a 226.16% rise compared to NYMT last annual SG&A of $17.81M (Dec 23).
New York Mortgage Trust EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 16 | 11 | 8 | 8 | 12 | 7 | 12 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.35 | $-1.04 | $-0.41 | $0.16 | $-0.47 | $-1.25 | - | $-0.93 | $0.09 | $0.10 | $0.11 | $0.11 | $0.19 | $0.24 | $0.28 | $-1.71 | $0.20 | $0.15 |
| Avg Forecast | $0.22 | $0.20 | $0.19 | $0.17 | $0.13 | $0.12 | $0.10 | $0.06 | $0.03 | $0.01 | $-0.01 | $0.10 | $0.02 | $-0.16 | $0.10 | $0.02 | $-0.07 | $-0.16 | $0.27 | $0.26 | $0.42 | $0.47 | $0.44 | $0.54 | $0.44 | $0.42 | $0.28 | $-0.81 | $0.66 | $0.72 |
| High Forecast | $0.29 | $0.26 | $0.24 | $0.22 | $0.17 | $0.15 | $0.12 | $0.08 | $0.04 | $0.01 | $-0.01 | $0.13 | $0.03 | $0.18 | $0.13 | $0.02 | $-0.06 | $-0.13 | $0.27 | $0.34 | $0.55 | $0.60 | $0.58 | $0.70 | $0.56 | $0.55 | $0.36 | $-0.57 | $0.86 | $0.93 |
| Low Forecast | $0.18 | $0.17 | $0.15 | $0.14 | $0.11 | $0.10 | $0.08 | $0.05 | $0.02 | $0.01 | $-0.01 | $0.09 | $0.02 | $-0.51 | $0.08 | $0.01 | $-0.09 | $-0.21 | $0.27 | $0.18 | $0.30 | $0.33 | $0.31 | $0.38 | $0.31 | $0.30 | $0.20 | $-1.04 | $0.47 | $0.51 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 17.95% | 6.50% | -4.01% | 9.64% | 7.05% | 7.80% | - | -3.56% | 0.22% | 0.22% | 0.25% | 0.20% | 0.44% | 0.57% | 1.00% | 2.12% | 0.30% | 0.21% |
According to 0 Wall Street analysts, New York Mortgage Trust's projected average Quarter EPS for Mar 24 is $0.10, with a low estimate of $0.09 and a high estimate of $0.13. This represents a -70.22% decrease compared to NYMT previous annual EPS of $0.35 (Dec 23).
New York Mortgage Trust Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NYMT | New York Mortgage Trust | $6.61 | $21.25 | 221.48% | Hold |
| NLY | Annaly Capital Management | $20.45 | $26.20 | 28.12% | Buy |
| RC | Ready Capital | $7.71 | $9.00 | 16.73% | Buy |
| EARN | Ellington Residential Mortgage REIT | $6.98 | $8.00 | 14.61% | Buy |
| TWO | Two Harbors Investment | $14.02 | $15.63 | 11.48% | Buy |
| EFC | Ellington Financial | $13.30 | $13.50 | 1.50% | Buy |
| AGNC | AGNC Investment | $10.35 | $10.20 | -1.45% | Buy |
| IVR | Invesco Mortgage Capital | $8.87 | $6.25 | -29.54% | Buy |
| ARR | ARMOUR Residential REIT | $20.76 | $11.50 | -44.61% | Hold |
| CIM | Chimera Investment | $15.86 | $7.25 | -54.29% | Hold |
NYMT Forecast FAQ
Is New York Mortgage Trust a good buy?
No, according to 6 Wall Street analysts, New York Mortgage Trust (NYMT) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 16.67% of NYMT's total ratings.
What is NYMT's price target?
New York Mortgage Trust (NYMT) average price target is $21.25 with a range of $11 to $48, implying a 221.48% from its last price of $6.61. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will New York Mortgage Trust stock go up soon?
According to Wall Street analysts' prediction for NYMT stock, the company can go up by 221.48% (from the last price of $6.61 to the average price target of $21.25), up by 626.17% based on the highest stock price target, and up by 66.41% based on the lowest stock price target.
Can New York Mortgage Trust stock reach $10?
NYMT's average twelve months analyst stock price target of $21.25 supports the claim that New York Mortgage Trust can reach $10 in the near future.
What are New York Mortgage Trust's analysts' financial forecasts?
New York Mortgage Trust's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $376.7M (high $460.61M, low $326.5M), average EBITDA is $149.61M (high $182.94M, low $129.67M), average net income is $36.98M (high $47.68M, low $30.57M), average SG&A $851M (high $1.04B, low $737.59M), and average EPS is $0.406 (high $0.524, low $0.336). NYMT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $203.16M (high $248.42M, low $176.09M), average EBITDA is $80.69M (high $98.66M, low $69.94M), average net income is $71.07M (high $91.64M, low $58.75M), average SG&A $458.97M (high $561.2M, low $397.8M), and average EPS is $0.781 (high $1.01, low $0.646).
Did the NYMT's actual financial results beat the analysts' financial forecasts?
Based on New York Mortgage Trust's last annual report (Dec 2023), the company's revenue was $66.53M, which missed the average analysts forecast of $253.5M by -73.76%. Apple's EBITDA was $126.79M, missing the average prediction of $-139M by -191.33%. The company's net income was $-90.035M, missing the average estimation of $-368M by -75.57%. Apple's SG&A was $49.56M, missing the average forecast of $572.68M by -91.35%. Lastly, the company's EPS was $-0.99, beating the average prediction of $-0.0216 by 4481.64%. In terms of the last quarterly report (Dec 2023), New York Mortgage Trust's revenue was $16.8M, missing the average analysts' forecast of $75.9M by -77.87%. The company's EBITDA was $31.6M, beating the average prediction of $30.15M by 4.82%. New York Mortgage Trust's net income was $31.46M, beating the average estimation of $1.77M by 1673.48%. The company's SG&A was $17.81M, missing the average forecast of $171.47M by -89.61%. Lastly, the company's EPS was $0.35, beating the average prediction of $0.0195 by 1694.96%