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New York Mortgage Trust
(NASDAQ:NYMT)New York Mortgage Trust Stock (NASDAQ:NYMT), Analyst Ratings, Price Targets, Predictions
New York Mortgage Trust Inc has a consensus price target of $6.9, established from looking at the 20 latest analyst ratings. The last 3 analyst ratings were released from B. Riley Securities, UBS, and B. Riley Securities on March 25, 2024, December 6, 2023, and August 14, 2023. With an average price target of $11.5 between B. Riley Securities, UBS, and B. Riley Securities, there's an implied 71.08% upside for New York Mortgage Trust Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
B. Riley Securities
UBS
Credit Suisse
Keefe, Bruyette & Woods
Maxim Group
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for New York Mortgage Trust
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/25/2024 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | 63.64% | B. Riley Securities | Matt Howlett | $15 → $11 | Reiterates | Buy → Buy | Get Alert |
| 12/06/2023 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | 26.45% | UBS | Douglas Harter | → $8.5 | Initiates | → Neutral | Get Alert |
| 08/14/2023 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | 123.14% | B. Riley Securities | Matt Howlett | $20 → $15 | Maintains | Buy | Get Alert |
| 05/22/2023 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | 78.52% | Credit Suisse | Douglas Harter | → $12 | Reiterates | Neutral → Neutral | Get Alert |
| 05/10/2023 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | 52.48% | Keefe, Bruyette & Woods | Bose George | $10 → $10.25 | Maintains | Market Perform | Get Alert |
| 05/09/2023 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | 93.39% | Maxim Group | Michelle Chang | $14 → $13 | Maintains | Buy | Get Alert |
| 03/17/2023 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | 48.76% | Keefe, Bruyette & Woods | Bose George | $2.5 → $10 | Maintains | Market Perform | Get Alert |
| 03/08/2023 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | -62.81% | Keefe, Bruyette & Woods | Bose George | $12 → $10 | Maintains | Market Perform | Get Alert |
| 03/01/2023 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | — | JonesTrading | Jason Stewart | — | Downgrade | Buy → Hold | Get Alert |
| 02/24/2023 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | -55.37% | Ladenburg Thalmann | Christopher Nolan | → $12 | Downgrade | Buy → Neutral | Get Alert |
| 10/25/2022 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | -25.62% | B. Riley Securities | Matt Howlett | $22 → $20 | Maintains | Buy | Get Alert |
| 08/04/2022 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | -40.49% | JonesTrading | Jason Stewart | $17 → $16 | Maintains | Buy | Get Alert |
| 07/18/2022 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | -55.37% | Keefe, Bruyette & Woods | Bose George | → $12 | Downgrade | Outperform → Market Perform | Get Alert |
| 07/18/2022 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | -55.37% | Barclays | Mark Devries | $14 → $12 | Maintains | Equal-Weight | Get Alert |
| 04/27/2022 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | -47.93% | Barclays | Mark Devries | $16 → $14 | Maintains | Equal-Weight | Get Alert |
| 03/09/2022 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | -44.21% | B of A Securities | Derek Hewett | $18 → $15 | Maintains | Underperform | Get Alert |
| 02/23/2022 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | -33.06% | Keefe, Bruyette & Woods | Bose George | → $18 | Upgrade | Market Perform → Outperform | Get Alert |
| 02/22/2022 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | -33.06% | JonesTrading | Jason Stewart | $20 → $18 | Maintains | Buy | Get Alert |
| 05/17/2021 | NYMT | Buy Now | New York Mortgage Trust | $6.72 | -33.06% | B of A Securities | — | — | Downgrade | Neutral → Underperform | Get Alert |
FAQ
What is the target price for New York Mortgage Trust (NYMT)?
The latest price target for New York Mortgage Trust (NASDAQ: NYMT) was reported by B. Riley Securities on March 25, 2024. The analyst firm set a price target for $11.00 expecting NYMT to rise to within 12 months (a possible 63.64% upside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for New York Mortgage Trust (NYMT)?
The latest analyst rating for New York Mortgage Trust (NASDAQ: NYMT) was provided by B. Riley Securities, and New York Mortgage Trust reiterated their buy rating.
When was the last upgrade for New York Mortgage Trust (NYMT)?
The last upgrade for New York Mortgage Trust Inc happened on February 23, 2022 when Keefe, Bruyette & Woods raised their price target to $4.5. Keefe, Bruyette & Woods previously had a market perform for New York Mortgage Trust Inc.
When was the last downgrade for New York Mortgage Trust (NYMT)?
The last downgrade for New York Mortgage Trust Inc happened on March 1, 2023 when JonesTrading changed their price target from N/A to N/A for New York Mortgage Trust Inc.
When is the next analyst rating going to be posted or updated for New York Mortgage Trust (NYMT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of New York Mortgage Trust, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for New York Mortgage Trust was filed on March 25, 2024 so you should expect the next rating to be made available sometime around March 25, 2025.
Is the Analyst Rating New York Mortgage Trust (NYMT) correct?
While ratings are subjective and will change, the latest New York Mortgage Trust (NYMT) rating was a reiterated with a price target of $15.00 to $11.00. The current price New York Mortgage Trust (NYMT) is trading at is $6.72, which is out of the analyst’s predicted range.
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