Analyst Ratings for New York Mortgage Trust Inc. (NYMT)

Updated: 2017-07-28

New York Mortgage Trust Inc. (NASDAQ:NYMT) was awarded an average rating of Hold from investment analysts following the stock. Last month, NYMT received an average rating of Hold.

Of the 7 analysts covering the stock, 2 gave it a buy rating, 0 issued an overweight rating, 4 gave a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Investment analysts gave a few price targets for NYMT. The maximum price target given was 6.5, which equates to a potential upside of 3.5 percent. The most pessimistic price target was 5, implying a possible loss of -20.38 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 3.57 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -6.46 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.85 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -8.53 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of NYMT's earnings is estimated by analysts to be 13.26 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. NYMT has a PEG ratio of 0.93.

NYMT has a 52-week high of 7.04 and a 52-week low of 5.65. Currently the stock is 11.15 percent higher than its low, and below the high by 10.8 percent. NYMT has a P/E ratio of 12.3. Investors typically compare the P/E ratio to a company's peers in the industry. The NYMT value stock report compares NYMT to some of its peers using value stock charts. The market cap of NYMT is $0.70461 billion. NYMT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.