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 most optimistic price target was 6.5, implying potential capital gains of 3.5 percent. The lowest price target was 5, implying a possible loss of -20.38 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 3.57 percent. The average change in earnings estimates over the last 90 days is -6.46 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.85 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -8.53 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of NYMT to grow at a rate of 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Today's price is 11.15 percent above the 52-week low, and 10.8 percent lower than its 52-week high. NYMT has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.