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Investment Highlights Market Valuation Price Chart Business Description Interactive Breakdown Better Bets vs. NYMT Latest Trefis Analyses Trade Ideas Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

New York Mortgage Trust (NYMT)

Market Price (9/30/2025): $6.93 | Market Cap: $625.9 Mil
Sector: Financials | Industry: Mortgage REITs

New York Mortgage Trust (NYMT)

Market Price (9/30/2025): $6.93
Market Cap: $625.9 Mil
Sector: Financials
Industry: Mortgage REITs

Investment Highlights

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 20%, Dividend Yield is 11%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 16%, FCF Yield is 14%		  Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 391%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 34%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 34%		  Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -1.4%
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 20%, Dividend Yield is 11%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 16%, FCF Yield is 14%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 34%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 34%
2 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 391%
3 Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -1.4%

Market Valuation

 9/30/252024202320222021
Share Price CYE$6.93$5.70$7.06$7.46$9.43
Market Cap CYE ($ Mil)625.9516.1640.0690.7893.9
Total Debt ($ Mil)4,015.43,555.22,805.22,648.22,520.8
Total Cash ($ Mil)1,419.33,996.02,200.9344.3490.4
Enterprise Value ($ Mil)3,222.04,071.33,445.23,338.93,414.7
Valuation Ratios     
P/S TTM2.32.32.5111.14.7
P/EBIT TTM0.00.00.00.00.0
P/E TTM10.1-8.9-16.0-3.27.3
Sector Ratios     
P/S TTM (Sector)3.23.12.82.83.4
P/EBIT TTM (Sector)6.96.87.07.07.0
P/E TTM (Sector)12.611.610.19.410.1
 9/30/2520242023
Share Price CYE$6.93$5.70$7.06
Market Cap CYE ($ Mil)625.9516.1640.0
Total Debt ($ Mil)4,015.43,555.22,805.2
Total Cash ($ Mil)1,419.33,996.02,200.9
Enterprise Value ($ Mil)3,222.04,071.33,445.2
Valuation Ratios   
P/S TTM2.32.32.5
P/EBIT TTM0.00.00.0
P/E TTM10.1-8.9-16.0
Sector Ratios   
P/S TTM (Sector)3.23.12.8
P/EBIT TTM (Sector)6.96.87.0
P/E TTM (Sector)12.611.610.1

Business Description

New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, second mortgages, and business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties, as well as joint venture equity investments in multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); and other mortgage, residential housing, and credit-related assets. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
NYMT Return-36%11%-21%-5%-19%20%-47%
Peers Return-14%10%-19%2%6%-1%-17%
S&P 500 Return16%27%-19%24%23%13%106%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: DX, RC, IVR, LOAN, NLY.
[3] 2025 data is for the year up to 9/29/2025 (YTD)

Better Bets than New York Mortgage Trust (NYMT)

 NYMTBetter Performance than NYMT
MetricValueIndustry (Mortgage REITs)
Rev Chg LTM2.7%NLY (375.8%), RITM (13.0%), DX (119.7%), ARR (78.3%), CIM (3.3%)
Rev Chg 3Y Avg22.9%NLY (104.9%), AGNC (161.9%), ARR (28.2%), CIM (108.3%), PMT (180.3%)
CFO/Rev LTM34.0%NLY (123.7%), AGNC (92.3%), STWD (86.4%), BXMT (67.9%), ABR (60.2%)
FCF/Rev LTM34.0%NLY (54.2%), AGNC (92.3%), STWD (82.8%), BXMT (67.9%), ABR (60.2%)
Total Yield20.3%ABR (25.3%), CIM (29.0%), PMT (23.1%), MFA (27.7%), TRTX (21.7%)
 NYMTBetter Performance than NYMT
MetricValueAll Other Sectors
Rev Chg LTM2.7%NVDA (71.6%), MSFT (14.9%), AAPL (6.0%), GOOGL (13.1%), AMZN (10.9%)
Rev Chg 3Y Avg22.9%NVDA (92.0%), AVGO (24.0%), LLY (23.4%), PLTR (25.7%), APP (23.7%)
CFO/Rev LTM34.0%NVDA (46.6%), MSFT (48.3%), GOOGL (36.0%), META (56.4%), AVGO (42.4%)
FCF/Rev LTM34.0%NVDA (43.6%), AVGO (41.6%), PLTR (49.7%), APP (53.7%), ANET (50.0%)
Total Yield20.3%BABA (35.1%), TM (2129.3%), BIDU (60.8%), HMC (2123.2%), JBS (81.5%)

Latest Trefis Analyses

Trade Ideas

Select past trade ideas related to NYMT and Mortgage REITs.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
FIS_8312025_Monopoly_xInd_xCD_Getting_Cheaper08312025FISFidelity National Information ServicesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-7.4%-7.4%-8.7%
FI_7312025_Monopoly_xInd_xCD_Getting_Cheaper07312025FIFiservMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-6.8%-6.8%-7.4%
MORN_7312025_Monopoly_xInd_xCD_Getting_Cheaper07312025MORNMorningstarMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-15.0%-15.0%-16.2%
RKT_7312025_Short_Squeeze07312025RKTRocket CompaniesSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.		32.1%32.1%0.0%
SII_7312025_Quality_Momentum_RoomToRun_10%07312025SIISprottQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run		21.9%21.9%-6.7%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
FIS_8312025_Monopoly_xInd_xCD_Getting_Cheaper08312025FISFidelity National Information ServicesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-7.4%-7.4%-8.7%
FI_7312025_Monopoly_xInd_xCD_Getting_Cheaper07312025FIFiservMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-6.8%-6.8%-7.4%
MORN_7312025_Monopoly_xInd_xCD_Getting_Cheaper07312025MORNMorningstarMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-15.0%-15.0%-16.2%
RKT_7312025_Short_Squeeze07312025RKTRocket CompaniesSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.		32.1%32.1%0.0%
SII_7312025_Quality_Momentum_RoomToRun_10%07312025SIISprottQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run		21.9%21.9%-6.7%

See Trefis Trade Ideas for more.

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1FTELFitell1068.4%-96.0%
2WOLFWolfspeed886.6%231.8%
3WHLRWheeler Real Estate Investment Trust404.4%-99.7%
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10SHFSSHF130.9%-18.7%

1 Week Top Losers

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1WOKWORK Medical Technology-91.5%-98.5%
2KALAKala Bio-89.0%-70.5%
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4SDMSmart Digital-87.5%-83.8%
5NRIMNorthrim BanCorp-76.1%14.0%
6IOBTIO Biotech-75.5%-60.3%
7ZYBTZhengye Biotechnology-74.9% 
8AMBIAmbipar Emergency Response-74.0%-78.8%
9FGLFounder-63.8%-64.3%
10BINIBollinger Innovations-63.6%-100.0%

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#TickerCompany1M RtnYTD Rtn
1PMIPicard Medical13709.5%13709.5%
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4WOLFWolfspeed1757.1%231.8%
5EAFGrafTech International1199.0%-24.2%
6SEGGLottery.com646.7%-7.9%
7SLNHSoluna435.8%20.0%
8PTNMPitanium433.3% 
9NUAINew Era Energy & Digital395.6% 
10BREABrera380.3%3593.8%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1BINIBollinger Innovations-96.1%-100.0%
2WOKWORK Medical Technology-90.8%-98.5%
3CJETChijet Motor-90.3%-92.7%
4MLTXMoonLake Immunotherapeutics-88.6%-88.5%
5YAASYouxin Technology-85.8%-98.9%
6ATYRaTyr Pharma-85.1%-78.0%
7CURXCuranex Pharmaceuticals-84.9%28.8%
8YYGHYY-84.6%-80.3%
9NEONNeonode-84.6%-58.7%
10SDMSmart Digital-82.5%-83.8%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1FTELFitell1068.4%-96.0%
2WOLFWolfspeed886.6%231.8%
3WHLRWheeler Real Estate Investment Trust404.4%-99.7%
4MNDRMobile-health Network Solutions388.0%-71.1%
5QUREuniQure329.5%236.4%
6NUAINew Era Energy & Digital311.7% 
7BQBoqii208.5%153.9%
8DVLTDatavault AI180.5% 
9DFLIDragonfly Energy132.9%-76.4%
10SHFSSHF130.9%-18.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1WOKWORK Medical Technology-91.5%-98.5%
2KALAKala Bio-89.0%-70.5%
3MLTXMoonLake Immunotherapeutics-88.6%-88.5%
4SDMSmart Digital-87.5%-83.8%
5NRIMNorthrim BanCorp-76.1%14.0%
6IOBTIO Biotech-75.5%-60.3%
7ZYBTZhengye Biotechnology-74.9% 
8AMBIAmbipar Emergency Response-74.0%-78.8%
9FGLFounder-63.8%-64.3%
10BINIBollinger Innovations-63.6%-100.0%

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for New York Mortgage Trust

Financials

NYMTDXRCIVRLOANNLYMedian
NameNew York.Dynex Ca.Ready Ca.Invesco .Manhatta.Annaly C. 
Mkt Price-12.074.047.415.4520.927.41
Mkt Cap0.71.40.70.50.113.00.7
Rev LTM2741084060793884
Op Inc LTM-------
FCF LTM93512591535508123
FCF 3Y Avg415720519952,115128
CFO LTM935125915351,160123
CFO 3Y Avg415720519952,786128

Growth & Margins

NYMTDXRCIVRLOANNLYMedian
NameNew York.Dynex Ca.Ready Ca.Invesco .Manhatta.Annaly C. 
Rev Chg LTM2.7%119.7%-67.4%1,091.9%-1.8%375.8%61.2%
Rev Chg 3Y Avg22.9%17.9%-43.2%417.6%4.2%104.9%20.4%
Rev Chg Q-1.4%-23.8%75.1%-121.9%0.4%130.9%-0.5%
QoQ Delta Rev Chg LTM-0.3%-0.2%92.2%-14.5%0.1%7.2%-0.1%
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM34.0%47.4%652.8%255.7%67.2%123.7%95.4%
CFO/Rev 3Y Avg15.2%104.7%260.4%-69.9%-87.3%
FCF/Rev LTM34.0%47.4%652.8%255.7%67.1%54.2%60.6%
FCF/Rev 3Y Avg15.2%104.7%260.4%-69.8%-87.2%

Valuation

NYMTDXRCIVRLOANNLYMedian
NameNew York.Dynex Ca.Ready Ca.Invesco .Manhatta.Annaly C. 
Mkt Cap0.71.40.70.50.113.00.7
P/S2.412.717.18.28.513.810.6
P/EBIT-------
P/E10.720.9-2.212.111.417.811.7
P/CFO7.126.72.63.212.711.29.2
Total Yield20.3%4.8%-19.9%8.3%17.2%5.6%7.0%
Dividend Yield11.0%0.0%24.6%0.0%8.4%0.0%4.2%
FCF Yield 3Y Avg6.9%6.9%19.8%40.9%8.4%21.6%14.1%
D/E6.00.05.90.00.42.11.2
Net D/E3.9-0.35.7-0.10.42.01.2

Returns

NYMTDXRCIVRLOANNLYMedian
NameNew York.Dynex Ca.Ready Ca.Invesco .Manhatta.Annaly C. 
1M Rtn--3.0%-5.2%-5.2%2.7%-1.3%-3.0%
3M Rtn-2.9%-7.6%-1.3%1.6%11.2%1.6%
6M Rtn-0.8%-18.4%2.9%-3.8%6.9%0.8%
12M Rtn-11.2%-41.6%-4.2%8.0%16.3%8.0%
3Y Rtn-55.8%-42.3%14.6%25.3%78.2%25.3%
1M Excs Rtn--4.5%-7.2%-7.0%0.8%-2.8%-4.5%
3M Excs Rtn--4.4%-14.9%-8.7%-5.7%3.8%-5.7%
6M Excs Rtn--18.8%-33.6%-17.0%-21.7%-10.6%-18.8%
12M Excs Rtn--3.1%-57.0%-18.7%-5.7%2.0%-5.7%
3Y Excs Rtn--47.9%-126.0%-86.6%-50.4%-40.8%-50.4%

Financials

$ Mil | FY: 12/312025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q3
Period End6/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/20233/31/202312/31/20229/30/2022
Filing Date8/1/20255/2/20252/21/202511/1/20248/2/20245/3/20242/23/202411/3/20238/4/20235/5/20232/24/202311/4/2022
Key Financials Quarterly            
Total Revenue52903894535713620609342-42
Net Income942-3143-16-5842-85-2721-38-115
EPS-0.040.33-0.460.36-0.29-0.750.35-1.04-0.410.12-0.52-1.33
Key Financials TTM            
Total Revenue TTM274275242340267273309214152111848
Net Income TTM6238-6211-116-127-49-128-159-204-299-225
Growth Rates Quarterly            
Total Revenue Growth-1.4%56.5%-72.0%367.9%-11.3%-38.1%227.2%147.8%219.5%1026.9%-48.7%-154.0%
Net Income Growth154.8%172.8%-174.9%150.7%42.1%-377.5%211.5%26.7%62.5%128.3%-203.9%-323.5%
Margins Quarterly            
Net Income Margin16.3%46.9%-82.5%45.7%-29.3%-100.9%30.8%-422.2%-45.0%22.5%-90.3%-
Cash & Debt            
Total Cash1,4194,8243,9963,5802,9082,4682,2011,831967430344458
Total Debt4,0153,8423,5553,5053,3523,1892,8052,4502,5342,5772,6482,508
Net Debt / (Cash)2,596-982-441-754457216046191,5682,1472,3042,051
Cash Flows Quarterly            
FCF from Operations392629-1-1-131328-0-1185
Cash Flows TTM            
FCF from Operations TTM935314-22728302524292144
Returns to Shareholders Quarterly            
Dividends181818181820272737383738
Share Repurchases-0-0-0-03-0-06142314
Return on Invested Capital (ROIC) Quarterly            
ROIC0.3%8.1%-5.1%5.9%-2.9%-9.0%3.8%-10.8%-2.8%1.1%-3.3%-9.6%
Return on Invested Capital (ROIC) TTM            
ROIC TTM1.0%1.3%-3.9%-1.0%-5.1%-4.9%-2.3%-4.4%-4.0%-4.8%-6.6%-5.3%

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Single Segment3099301-204225
Total3099301-204225


Price Behavior

NYMT Betas & Captures as of 8/31/2025

 1M2M3M6M1Y3Y
Beta0.170.560.720.880.821.04
Up Beta2.421.671.400.580.630.89
Down Beta-2.50-2.62-0.940.930.971.05
Up Capture96%110%104%132%94%109%
Bmk +ve Days10223571142415
Stock +ve Days11213564127386
Down Capture-138%82%68%118%92%104%
Bmk -ve Days11192754106334
Stock -ve Days9182556114337

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/30/2025-6.1%-2.5%4.7%
4/30/20258.2%11.6%11.2%
2/19/20257.3%17.4%14.9%
10/30/20243.0%3.6%9.6%
7/31/2024-2.0%-3.7%2.8%
5/1/2024-10.8%-14.2%-15.2%
2/21/2024-2.2%-5.4%-0.8%
11/1/2023-1.3%0.6%15.5%
...
SUMMARY STATS   
# Positive81215
# Negative16129
Median Positive1.8%1.9%7.0%
Median Negative-2.2%-4.5%-10.0%
Max Positive8.2%17.4%34.8%
Max Negative-10.8%-14.2%-20.5%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025801202510-Q 6/30/2025
3312025502202510-Q 3/31/2025
12312024221202510-K 12/31/2024
93020241101202410-Q 9/30/2024
6302024802202410-Q 6/30/2024
3312024503202410-Q 3/31/2024
12312023223202410-K 12/31/2023
93020231103202310-Q 9/30/2023
6302023804202310-Q 6/30/2023
3312023505202310-Q 3/31/2023
12312022224202310-K 12/31/2022
93020221104202210-Q 9/30/2022
6302022804202210-Q 6/30/2022
3312022505202210-Q 3/31/2022
12312021225202210-K 12/31/2021
93020211104202110-Q 9/30/2021

Insider Activity

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Industry Resources

External Quote Links


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