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New York Mortgage Trust Inc - NYMT STOCK NEWS

Welcome to our dedicated news page for New York Mortgage Trust (Ticker: NYMT), a resource for investors and traders seeking the latest updates and insights on New York Mortgage Trust.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect New York Mortgage Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of New York Mortgage Trust's position in the market.

Rhea-AI Summary
New York Mortgage Trust, Inc. (NYMT) is set to announce its financial results for the first quarter of 2024 on May 1, 2024. The company's executive management will host a conference call and audio webcast on May 2, 2024, at 9:00 a.m. Eastern Time. Investors can access the call and webcast through the Company's website.
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Rhea-AI Summary
New York Mortgage Trust, Inc. (NYMT) declared a regular quarterly cash dividend of $0.20 per share on its common stock for the quarter ending March 31, 2024. The Board also announced cash dividends on its preferred stocks. The dividends will be payable on April 25, 2024, to common stockholders of record as of March 25, 2024.
Rhea-AI Impact
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End-of-Day
-3.01%
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dividends earnings
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Rhea-AI Summary
New York Mortgage Trust, Inc. (NYMT) reported financial results for Q4 and FY 2023. Net income for Q4 was $31.5 million, while for FY 2023, it was a loss of $90 million. The company's yield on average interest earning assets was 6.21% in Q4. Key developments included property purchases, sales, and financing activities. Management highlighted market volatility and economic trends affecting the company's strategy.
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-2.17%
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Rhea-AI Summary
New York Mortgage Trust, Inc. (NYMT) announces the tax treatment of common and preferred stock dividends declared in 2023. The company's 2023 dividend distributions are detailed, and stockholders are advised to review their tax statements and consult with professional tax advisors. The 2023 cash distributions and tax implications are explained for stockholders of record as of December 26, 2023. Detailed classification for income tax purposes of the dividend distributions for common and preferred stock are provided.
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End-of-Day
-4.16%
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dividends
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Rhea-AI Summary
New York Mortgage Trust, Inc. (NYMT) is set to release financial results for the three and twelve months ended December 31, 2023, on February 21, 2024. The executive management will host a conference call and audio webcast on February 22, 2024, at 9:00 a.m., Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.3%
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Rhea-AI Summary
New York Mortgage Trust, Inc. (NYMT) declares a regular quarterly cash dividend of $0.20 per share on its common stock for the quarter ending December 31, 2023. The Board also declared cash dividends on its various series of preferred stock. The dividend for common stock will be payable on January 26, 2024, and the record date is December 26, 2023.
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-10.96%
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dividends earnings
Rhea-AI Summary
New York Mortgage Trust, Inc. reported a net loss of $94.8 million for the third quarter of 2023. The company's adjusted book value declined by 9.71% in the quarter. They purchased $946.2 million of Agency RMBS and $187.8 million in residential loans. They also executed a sale of a multi-family property with a net equity investment of $5.2 million. The company repurchased shares of common stock and preferred stock. The CEO mentioned that fixed income investment valuations suffered due to rate volatility, leading to lower asset values. However, they believe their strategy to reduce credit exposure and focus on Agency RMBS will support book value and liquidity in a likely economic downturn.
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-1.26%
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Rhea-AI Summary
New York Mortgage Trust, Inc. to report Q3 2023 financial results on November 1, 2023.
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-1.98%
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New York Mortgage Trust, Inc. declares regular quarterly cash dividend of $0.30 per share on common stock for quarter ending September 30, 2023.
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0.76%
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dividends earnings
Rhea-AI Summary
New York Mortgage Trust, Inc. (NYMT) reported a net loss of $37.2 million for Q2 2023, with a net loss per share of $0.41. The company's yield on average interest earning assets was 6.07%. Book value per common share at the end of the period was $12.44. NYMT purchased $545.6 million of Agency RMBS and $106.3 million in residential loans during the quarter. They also received $33.7 million in proceeds from redemptions of Mezzanine Lending investments. The CEO expressed optimism about the sector and plans to allocate excess liquidity for balance sheet expansion.
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Rhea-AI Sentiment
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-9.66%
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New York Mortgage Trust Inc

Nasdaq:NYMT

NYMT Rankings

NYMT Stock Data

636.82M
89.72M
1.57%
57.18%
2.29%
Other Financial Vehicles
Finance and Insurance
Link
US
New York

About NYMT

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, residential bridge loans, and other residential mortgage loans; non-agency residential mortgage-backed securities(rmbs); agency rmbs and cmbs; and other mortgage-related, residential housing-related, and credit-related assets. the company qualifies as a real estate investment trust for federal income tax purposes. it generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. the company was founded in 2003 and is head