December 2, 2017 – By Clifton Ray
Sentiment for New York Mortgage Trust Inc (NASDAQ: NYMT)  The institutional sentiment of New York Mortgage Trust Inc (NASDAQ: NYMT) decreased to 1.21 in the second quarter of 2017 . It decreases -0.44, from 1.65 in 2017Q1. The relationship became negative, as 51 investment managers opened new positions and increased, while 42 sold and reduced their positions in New York Mortgage Trust Inc. The investment managers in the database of our partners now have: 37.07 million of shares, 37.05 million shares in 2017Q1. In addition, the number of investment managers holding New York Mortgage Trust Inc in its top 10 positions was fixed from 0 to 0 for the same number. Sold All: 13 Reduced: 29 Increased: 36 New Position: 15.
New York Mortgage Trust, Inc., a real estate investment trust, acquires, invests, finances and manages homes related to mortgages and homes, and financial badets in the United States. The company has a market capitalization of $ 714.75 million. The company's investment portfolio includes residential mortgage loans, including second mortgages and loans from distressed markets; securities backed by residential mortgages without agency; securities backed by multifamily commercial mortgages; and preferred actions. It has a P / E ratio of 12.53. Qualifies as a REIT for federal income tax purposes.
The share declined 0.16% or $ 0.01 during the last trading session, reaching $ 6.39. Around 693,922 shares traded. New York Mortgage Trust, Inc. (NASDAQ: NYMT) has risen by 9.11% since December 2, 2016 and is trending upward. The S & P500 has underperformed by 7.59%.
Analysts expect New York Mortgage Trust, Inc. (NASDAQ: NYMT) to report earnings on February 20. They expect earnings of $ 0.13 per share, up to 44.44% or $ 0.04 from the $ 0.09 per share of last year. NYMT earnings will be $ 14.54M for 12.29 P / E if EPS of $ 0.13 becomes a reality. After real earnings per share of $ 0.21 reported by New York Mortgage Trust, Inc. for the previous quarter, Wall Street now forecasts a negative EPS growth of -38.10%.
Global X Management Co Llc owns 0.52% of its portfolio in New York Mortgage Trust, Inc. for 2.67 million shares. Ativo Capital Management Llc owns 131,138 shares or 0.22% of its portfolio in the United States. In addition, Highlander Capital Management Llc has a 0.12% invested in the company for 24,000 shares. Investors based in Georgia Asset Management Of Georgia Inc. Ga Adv has invested 0.11% in shares. Wealthtrust Axiom Llc, a fund based in Pennsylvania, reported 47,000 shares. # Img1 #
Ratings Coverage of New York Mortgage Trust, Inc. (NASDAQ: NYMT)
Rating badysis reveals that 14% of New York Mortgage Trust badysts are positive. Of the 7 Wall Street badysts who qualify for the New York Mortgage Trust, 1 gives the rating "Buy" or "Sell", while 6 recommend "Retain". The lowest goal is $ 6.0 while the maximum is $ 8. The average goal of the action of $ 6.29 is -1.56% below the current price of the share ($ 6.39). NYMT was included in 17 badysts' notes since August 6, 2015. The rating was maintained by Barclays Capital with "Equal Weight" on Tuesday, August 11. The shares of New York Mortgage Trust, Inc. (NASDAQ: NYMT) have "Hold" Rating given on Sunday, November 12 by Keefe Bruyette & Woods. The rating was maintained by Deutsche Bank on Thursday, February 25 with "Hold". The firm obtained an "Equal weight" rating on Tuesday, October 10 from Barclays Capital. The company was maintained on Monday, November 9 by Maxim Group. The firm has a "Buy" rating awarded by Maxim Group on Monday, December 19. The firm is rated "Mkt Perform" by FBR Capital on Monday, October 10. Zacks changed the rating on Tuesday, August 11 to "Hold". Barclays Capital held the shares of NYMT in a report on Tuesday, November 10 with the rating of "Equal weight". Wood maintained the rating of New York Mortgage Trust, Inc. (NASDAQ: NYMT) on Tuesday, August 9. Wood has a "Market Perform" rating and a goal of $ 6.75.
Most recent and relevant New York Mortgage Trust, Inc. (NASDAQ: NYMT) news was published by: Globenewswire.com which launched: "New York Mortgage Trust, Inc. announces the price of the public offering of 8.00 .. . "on October 05, 2017, also Seekingalpha.com with his article:" New York Mortgage Trust: There is No Justification "published on August 4, 2017, Seekingalpha.com published:" Steve Mumma, CEO of New York Mortgage Trust (NYMT) in Q3 2017 Results – Earnings … "on November 3, 2017. More interesting news about New York Mortgage Trust, Inc. (NASDAQ: NYMT) were launched by: Seekingalpha.com and its article: "New York Mortgage Trust: a view from the perspective of a preferred investor …" published on October 7, 2017, as well as the news article of Seekingalpha.com titled: "New York Mortgage Trust: This Fixed 8.00% to Flo Preferred Stock Initiated …" with publication date: October 15, 2017.
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