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 $12.25 (represents a 106.93% upside from NYMT’s last price of $5.92) 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 $12.25 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $14.00 to $11.00. This represents a potential 106.93% upside from NYMT's last price of $5.92.
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% | 85.81% |
| Sep 12, 2023 | Douglas Harter | New Street | $12.00 | $9.25 | 29.73% | 102.70% |
| Sep 12, 2023 | Douglas Harter | Credit Suisse | $14.00 | $9.25 | 51.35% | 136.49% |
| Jul 17, 2022 | Mark DeVries | Barclays | $12.00 | $11.28 | 6.38% | 102.70% |
| Apr 27, 2022 | Barclays | $14.00 | $12.62 | 10.94% | 136.49% |
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 85.81% increase from NYMT last price ($5.92).
New York Mortgage Trust Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $11.00 |
| Last Closing Price | $5.92 | $5.92 | $5.92 |
| Upside/Downside | -100.00% | -100.00% | 85.81% |
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 $5.92. 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 | Jun 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 | $26.13M | $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 | $106.70M | $104.50M | $103.60M | $104.60M | $109.40M | $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 | $64.76M | $63.65M | $62.60M | $61.26M | $132.49M | $129.76M | $128.64M | $120.24M | $122.78M | $121.81M | $107.29M | $99.84M | $94.25M | $85.80M | $71.53M | $70.53M | $91.92M | $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 |
| Low Forecast | $39.19M | $38.52M | $37.89M | $37.08M | $80.18M | $78.53M | $77.85M | $79.93M | $88.76M | $73.72M | $64.93M | $60.42M | $57.04M | $54.41M | $43.29M | $42.68M | $55.63M | $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 |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 6 | 4 | 4 | 7 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.22% | 0.27% | 0.26% | 1.49% | 0.35% | 0.18% | 0.37% | 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 1 analysts is $80.40M, with a low forecast of $60.42M, and a high forecast of $99.84M. 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 | Jun 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 | 4 | 4 | 2 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 6 | 4 | 4 | 7 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $31.60M | $-39.32M | $11.31M | $59.55M | $-36.32M | $-64.84M | $-33.19M | $-50.13M | $74.78M | $87.55M | $85.46M | $82.50M | $111.81M | $120.70M | $139.18M | $-425.09M | $165.46M | $188.82M |
| Avg Forecast | $25.64M | $25.20M | $24.79M | $24.26M | $52.46M | $51.38M | $50.94M | $51.43M | $53.79M | $48.23M | $42.48M | $-202.85M | $37.32M | $31.07M | $28.32M | $-216.95M | $36.40M | $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 | $31.84M | $31.30M | $30.78M | $30.12M | $65.14M | $63.80M | $63.25M | $59.12M | $60.37M | $59.89M | $52.75M | $-162.28M | $46.34M | $42.19M | $35.17M | $-173.56M | $45.20M | $31.81M | $28.17M | $-185.63M | $22.49M | $22.92M | $19.41M | $18.29M | $16.83M | $15.27M | $14.49M | $-4.64B | $26.56M | $25.22M |
| Low Forecast | $19.27M | $18.94M | $18.63M | $18.23M | $39.42M | $38.61M | $38.28M | $39.30M | $43.64M | $36.25M | $31.92M | $-243.42M | $28.04M | $26.75M | $21.28M | $-260.34M | $27.35M | $31.81M | $28.17M | $-278.44M | $22.49M | $22.92M | $19.41M | $18.29M | $16.83M | $15.27M | $14.49M | $-6.96B | $26.56M | $25.22M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | -1.27% | 0.40% | -0.27% | -1.00% | -2.04% | -1.18% | 0.22% | 3.33% | 3.82% | 4.40% | 4.51% | 6.65% | 7.91% | 9.60% | 0.07% | 6.23% | 7.49% |
1 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 | Jun 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 | 4 | 4 | 2 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 6 | 4 | 4 | 7 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $31.46M | $-94.82M | $-37.20M | $14.16M | $-43.22M | $-117.89M | $-90.82M | $-88.72M | $34.88M | $51.58M | $53.24M | $52.21M | $80.42M | $101.64M | $117.81M | $-588.38M | $65.48M | $41.38M |
| Avg Forecast | $23.59M | $22.11M | $20.66M | $19.06M | $15.17M | $13.93M | $12.25M | $8.76M | $5.52M | $1.13M | $-605.39K | $-341.29M | $1.77M | $-14.49M | $9.27M | $-365.01M | $50.14M | $-14.58M | $24.52M | $-390.39M | $38.63M | $42.31M | $40.44M | $56.56M | $39.59M | $38.55M | $25.36M | $-8.02B | $60.29M | $65.54M |
| High Forecast | $31.01M | $29.06M | $27.15M | $25.06M | $19.94M | $18.30M | $16.10M | $11.69M | $6.31M | $1.48M | $-409.81K | $-273.03M | $2.32M | $15.94M | $12.18M | $-292.01M | $60.17M | $-14.58M | $24.52M | $-312.31M | $38.63M | $42.31M | $40.44M | $67.87M | $39.59M | $38.55M | $25.36M | $-6.42B | $60.29M | $65.54M |
| Low Forecast | $15.97M | $14.97M | $13.98M | $12.90M | $10.27M | $9.43M | $8.29M | $4.87M | $4.73M | $764.24K | $-795.63K | $-409.54M | $1.20M | $-46.38M | $6.27M | $-438.01M | $40.11M | $-14.58M | $24.52M | $-468.47M | $38.63M | $42.31M | $40.44M | $45.25M | $39.59M | $38.55M | $25.36M | $-9.63B | $60.29M | $65.54M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 17.81% | 6.54% | -4.01% | -0.04% | -0.86% | 8.09% | -3.70% | 0.23% | 0.90% | 1.22% | 1.32% | 0.92% | 2.03% | 2.64% | 4.65% | 0.07% | 1.09% | 0.63% |
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 | Jun 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 | 4 | 4 | 2 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 6 | 4 | 4 | 7 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $17.81M | $11.83M | $13.32M | $12.68M | $21.88M | $11.61M | $13.18M | $14.36M | $12.49M | $11.60M | $11.76M | $10.59M | $7.79M | $9.35M | $11.82M | $9.03M | $4.87M | $8.31M |
| Avg Forecast | $119.08M | $117.04M | $115.12M | $112.66M | $243.63M | $238.61M | $236.56M | $238.84M | $249.80M | $224.00M | $197.28M | $58.10M | $173.31M | $144.31M | $131.53M | $129.69M | $17.31M | $180.94M | $160.22M | $126.28M | $127.91M | $130.37M | $110.41M | $11.48M | $95.71M | $86.83M | $82.45M | $134.54M | $151.07M | $143.48M |
| High Forecast | $147.86M | $145.34M | $142.95M | $139.89M | $302.53M | $296.29M | $293.74M | $274.56M | $280.35M | $278.15M | $244.97M | $69.72M | $215.20M | $195.91M | $163.32M | $161.04M | $20.77M | $180.94M | $160.22M | $126.28M | $127.91M | $130.37M | $110.41M | $13.77M | $95.71M | $86.83M | $82.45M | $134.54M | $151.07M | $143.48M |
| Low Forecast | $89.49M | $87.96M | $86.51M | $84.66M | $183.09M | $179.31M | $177.77M | $182.52M | $202.67M | $168.33M | $148.25M | $46.48M | $130.24M | $124.24M | $98.84M | $97.46M | $13.85M | $180.94M | $160.22M | $126.28M | $127.91M | $130.37M | $110.41M | $9.18M | $95.71M | $86.83M | $82.45M | $134.54M | $151.07M | $143.48M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.10% | 0.08% | 0.10% | 0.10% | 1.26% | 0.06% | 0.08% | 0.11% | 0.10% | 0.09% | 0.11% | 0.92% | 0.08% | 0.11% | 0.14% | 0.07% | 0.03% | 0.06% |
New York Mortgage Trust's average Quarter SG&A projection for Mar 24 is $58.10M, based on 1 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 | Jun 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 | 4 | 4 | 2 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 6 | 4 | 4 | 7 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.35 | $-1.04 | $-0.41 | $0.16 | $-0.47 | $-1.25 | $-0.95 | $-0.93 | $0.09 | $0.10 | $0.11 | $0.11 | $0.19 | $0.24 | $0.28 | $-1.71 | $0.20 | $0.15 |
| Avg Forecast | $0.26 | $0.24 | $0.23 | $0.21 | $0.17 | $0.15 | $0.14 | $0.10 | $0.06 | $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 | $0.34 | $0.32 | $0.30 | $0.28 | $0.22 | $0.20 | $0.18 | $0.13 | $0.07 | $0.02 | $-0.00 | $0.10 | $0.03 | $0.18 | $0.13 | $0.02 | $-0.05 | $-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 |
| Low Forecast | $0.18 | $0.17 | $0.15 | $0.14 | $0.11 | $0.10 | $0.09 | $0.05 | $0.05 | $0.01 | $-0.01 | $0.10 | $0.01 | $-0.51 | $0.07 | $0.01 | $-0.09 | $-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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 17.95% | 6.50% | -4.01% | 9.64% | 7.05% | 7.80% | -3.53% | -3.56% | 0.22% | 0.22% | 0.25% | 0.20% | 0.44% | 0.57% | 1.00% | 2.12% | 0.30% | 0.21% |
According to 1 Wall Street analysts, New York Mortgage Trust's projected average Quarter EPS for Mar 24 is $0.10, with a low estimate of $0.10 and a high estimate of $0.10. 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 | $6.37 | $12.25 | 92.31% | Hold |
| TWO | Two Harbors Investment | $11.81 | $15.00 | 27.01% | Buy |
| EARN | Ellington Residential Mortgage REIT | $6.56 | $8.00 | 21.95% | Buy |
| AGNC | AGNC Investment | $9.57 | $11.33 | 18.39% | Buy |
| RC | Ready Capital | $7.49 | $8.50 | 13.48% | Hold |
| NLY | Annaly Capital Management | $19.48 | $21.50 | 10.37% | Buy |
| EFC | Ellington Financial | $12.28 | $13.50 | 9.93% | Buy |
| IVR | Invesco Mortgage Capital | $8.49 | $8.00 | -5.77% | Hold |
| ARR | ARMOUR Residential REIT | $19.03 | $11.50 | -39.57% | Hold |
| CIM | Chimera Investment | $14.86 | $7.25 | -51.21% | Hold |