New York Mortgage Trust Inc (NASDAQ: NYMT) is -33.41% lower on its value in year-to-date trading and has touched a low of $5.14 and a high of $9.67 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NYMT stock was last observed hovering at around $5.72 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $5.68, the stock is 2.93% and -6.57% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.27 million and changing -0.70% at the moment leaves the stock -13.46% off its SMA200. NYMT registered -27.46% loss for a year compared to 6-month loss of -7.64%. The firm has a 50-day simple moving average (SMA 50) of $6.099 and a 200-day simple moving average (SMA200) of $6.5769.
The stock witnessed a -2.57% gain in the last 1 month and extending the period to 3 months gives it a -7.04%, and is 7.58% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.67% over the week and 3.10% over the month.
New York Mortgage Trust Inc (NYMT) has around 79 employees, a market worth around $510.03M and $460.15M in sales. Fwd P/E is 12.39. Profit margin for the company is -6.63%. Distance from 52-week low is 10.51% and -41.26% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.62%).
with sales reaching $23.04M over the same period.The EPS is expected to grow by 20.40% this year, but quarterly earnings will post 22.50% year-over-year. Quarterly sales are estimated to grow 37.10% in year-over-year returns.
New York Mortgage Trust Inc (NYMT) Top Institutional Holders
225.0 institutions hold shares in New York Mortgage Trust Inc (NYMT), with institutional investors hold 60.61% of the company’s shares. The shares outstanding are 90.68M, and float is at 89.15M with Short Float at 2.81%. Institutions hold 59.66% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 15.08 million shares valued at $88.06 million. The investor’s holdings represent 16.5486% of the NYMT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.16 million shares valued at $35.95 million to account for 6.7564 of the shares outstanding. The other top investors are ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC which holds 3.61 million shares representing 3.9646% and valued at over $21.1 million, while STATE STREET CORP holds 3.7761 of the shares totaling 3.44 million with a market value of $20.77 million.
New York Mortgage Trust Inc (NYMT) Insider Activity
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