NY MTG TR INC/SH (NASDAQ:NYMT) posted its quarterly earnings results on Tuesday. The real estate investment trust reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.01), Fidelity Earnings reports. NY MTG TR INC/SH had a return on equity of 11.04% and a net margin of 17.74%. The business had revenue of $31.97 million during the quarter, compared to the consensus estimate of $36.20 million.
Shares of NYMT traded up $0.03 during midday trading on Friday, reaching $6.18. 1,604,600 shares of the stock were exchanged, compared to its average volume of 2,647,608. NY MTG TR INC/SH has a 52 week low of $5.58 and a 52 week high of $6.44. The company has a current ratio of 116.34, a quick ratio of 116.34 and a debt-to-equity ratio of 13.59. The company’s 50 day moving average is $6.12 and its two-hundred day moving average is $6.16. The company has a market capitalization of $1.62 billion, a P/E ratio of 7.19 and a beta of 0.76.
The company also recently declared a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Thursday, September 19th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 12.94%. The ex-dividend date was Wednesday, September 18th. NY MTG TR INC/SH’s payout ratio is 93.02%.
NY MTG TR INC/SH Company Profile
New York Mortgage Trust, Inc acquires, invests in, finances, and manages mortgage-related and residential housing-related assets in the United States. Its investment portfolio includes structured multi-family property investments, such as multi-family commercial mortgage-backed securities and preferred equity in, and mezzanine loans to owners of multi-family properties; residential mortgage loans, including distressed residential mortgage loans, non- qualified mortgage loans, second mortgages, and other residential mortgage loans; non-agency residential mortgage-backed securities (RMBS); agency RMBS; and other mortgage-related and residential housing-related assets.
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