NYMT New York Mortgage Trust, Inc. featured news, full reports, and detailed charts
New York Mortgage Trust, Inc. (NYMT) Wrap Up:
New York Mortgage Trust, Inc. together with its consolidated subsidiaries (“NYMT”, the “Company”, “we”, “our”, and “us”) is a self-advised real estate investment trust, or REIT, in the business of investing in residential adjustable rate mortgage-backed securities issued by a United States government-sponsored enterprise (“GSE” or “Agency”), such as the Federal National Mortgage Association (“Fannie Mae”), or the Federal Home Loan Mortgage Corporation (“Freddie Mac”), prime credit quality residential adjustable-rate mortgage (“ARM”) loans, or prime ARM loans, and non-agency mortgage-backed securities. We refer to residential adjustable rate mortgage-backed securities throughout this Annual Report on Form 10-K as “MBS” and MBS issued by a GSE as “Agency MBS”. We seek attractive long-term investment returns by investing our equity capital and borrowed funds in such securities. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f31%2f0001144204-08-019344.html#FIS_BUSINESS"New York Mortgage Trust Inc. (NYMT:NASDAQ)
Snapshot of New York Mortgage Trust Inc. (NYMT)
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OPEN
$7.00
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PREVIOUS CLOSE
$7.00
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DAY HIGH
$7.10
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DAY LOW
$6.95
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52 WEEK HIGH
10/7/09 - $8.75
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52 WEEK LOW
11/25/08 - $1.51
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MARKET CAP
65.5M
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AVERAGE VOLUME 3 mo
29.2K
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DILUTED EPS TTM
$0.0017
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SHARES OUTSTANDING
9.4M
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EX-DATE
10/8/09
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P/E TTM
3,971.5x
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DIVIDEND
$1.00
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DIVIDEND YIELD
14.39%
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| K = Thousands M = Millions B = Billions | ||
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NYMT Top Compensated Officers
Executives, Board Directors
Key developments for New York Mortgage Trust Inc. (NYMT)
New York Mortgage Trust Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported income from continuing operations of $2,640,000 compared to $744,000 for the same period a year ago. Net interest income was $4,683,000 compared to $2,182,000 for the same period a year ago. Net income was $2,876,000 compared to $1,029,000 for the same period a year ago. Diluted income per common share was $0.30 compared to $0.11 for the same period a year ago. For the nine months, the company reported income from continuing operations of $6,978,000 compared to loss from continuing operations of $20,260,000 for the same period a year ago. Net interest income was $12,935,000 compared to $5,955,000 for the same period a year ago. Net income was $7,478,000 compared to net loss of $18,966,000 for the same period a year ago. Diluted income per common share was $0.78 compared to diluted loss per common share of $2.39 for the same period a year ago. Book value per common share was $6.17 as of September 30, 2009, a 26% increase from June 30, 2009 book value of $4.89 and a 47% increase from December 31, 2008 book value of $4.21.
New York Mortgage Trust Inc., Q3 2009 Earnings Call, Nov-04 2009
New York Mortgage Trust Inc. expected to Report Fiscal Year 2009 Results on March 22, 2010. This event was calculated by Capital IQ (Created on October 26, 2009).
NYMT Competitors
| Company | Last | Change | |
| No competitor information is available for NYMT. | |||
| Market data is delayed at least 20 minutes. | |||
Industry Analysis
| Valuation | NYMT | Industry Range |
| Price/Earnings | 53.3x |
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| Price/Sales | 7.7x |
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| Price/Book | 1.1x |
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| Price/Cash Flow | 28.2x |
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| TEV/Sales | NM | Not Meaningful |
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NYMT |
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NYMT transactions
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| No transactions in the last 6 months. | ||
More Recent News About New York Mortgage Trust, Inc.
More news for NYMT
New York Mortgage Trust 2009 Third Quarter Conference Call Scheduled for Wednesday November 4, 2009
NEW YORK, Oct. 26 /PRNewswire-FirstCall/ -- New York Mortgage Trust, Inc. (Nasdaq: NYMT - News) is scheduled to report financial results for the three and nine months ended September 30, 2009 after the close of market on November 3, 2009. New York Mortgage Trust's executive management will host a conference call and audio webcast at 9:00 a.m., Eastern Time, on Wednesday, November 4, 2009. The conference call dial-in number is 480-629-9770. A live audio webcast of the conference call can be accessed via the Internet, on a listen-only basis, at www.earnings.com or at the Investor Relations section of the Company's website at www.nymtrust.com. Please allow extra time, prior to the call, to visit the site and download the necessary software to listen to the Internet broadcast.A replay of the conference call will be available by calling 303-590-3030. The passcode number is 4175999. The replay will be available until Wednesday, November 11, 2009.About New York Mortgage TrustNew York Mortgage Trust, Inc. is a self-advised real estate investment trust (REIT) in the business of investing in and managing a co...Click here to read the whole Article (external link)
New York Mortgage Trust Announces Filing of Shelf Registration Statement
NEW YORK, Oct. 23 /PRNewswire-FirstCall/ -- New York Mortgage Trust, Inc. (the "Company") (Nasdaq: NYMT - News) today announced that it has filed a shelf registration statement or Form S-3 with the Securities and Exchange Commission ("SEC"). Upon being declared effective by the SEC, the shelf registration statement will allow the Company, subject to certain transaction requirements, to raise up to an aggregate of $50 million through the sale of common stock, through one or more offerings from time to time in the future, including offerings that may be deemed "at the market" offerings. In accordance with the transaction requirements of Form S-3, until such time as the aggregate market value of the Company's common stock held by non-affiliates (the "Company's Public Float") exceeds $75 million, the Company will be limited to issuing shares from the shelf registration statement during a rolling period of 12 calendar months with an aggregate market value that does not exceed one-third of the Company's Public Float. Pursuant to the shelf registration statement filed with the SEC, the net proceeds from the sale of any shares to be registered thereunder will be used to finance the acquisition of Agency RMBS, non-Agency RMBS and other alternative assets, subject to maintaining the Company's REIT qualification and its exemption under the Investment Company Act of 1940, as amended, as well as for other general corporate purposes described in the shelf registration statement.The shelf registration statement has been filed with the SEC ...Click here to read the whole Article (external link)
Q3 2009 New York Mortgage Trust Inc Earnings Release - After Market Close
Earnings Announcements for Tuesday, November 3CompanySymbolTimeConferenceCall3D SystemsTDSCAfter Market CloseListenAbengoaABG.MC11:45 pm ETListenAcorda TherapeuticsACORBefore Market OpenListenAECON GROUP INCARE.TOAfter Market CloseAGA Medical Holdings, Inc.AGAMAfter Market CloseListenAllis-Chalmers Energy Inc.ALYBefore Market OpenAllos Therapeutics, Inc.ALTHAfter Market CloseListenAlpha Natural Resources, Inc.ANRBefore Market OpenAmerican Capital Ltd.ACASAfter Market CloseListenAmerican Tower Corp.AMT07:00 am ETListenAmeriSourceBergenABCBefore Market OpenListenAMICAS INCAMCSAfter Market CloseAMTRUST FINANCIAL SERVICES INCAFSIAfter Market CloseANIMAL HEALTH INTERNATIONAL INCAHIITime Not SuppliedAnoto Group ABAOTOF.PK02:30 am ETAnworth Mortgage Asset...Click here to read the whole Article (external link)
NEW YORK MORTGAGE TRUST INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
Show all filings for NEW YORK MORTGAGE TRUST INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for NEW YORK MORTGAGE TRUST INC 26-Oct-2009Regulation FD Disclosure, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provi...Click here to read the whole Article (external link)
New York Mortgage Trust Inc Earnings Call scheduled for 9:00 am ET today
Call DetailsNew York Mortgage Trust Inc Earnings Conference Call (Q3 2009)Wed, Nov 4, 2009, 9:00 am EasternAbout New York Mortgage Trust Inc (NasdaqCM:NYMT)New York Mortgage Trust, Inc., together with its subsidiaries, operates as a real estate investment trust in the United States. It invests primarily in real estate-related assets, including residential adjustable rate mortgage-backed securities issued by a government-sponsored enterprise of the United States; prime credit quality residential adjustable-rate mortgage loans; and non-agency mortgage-backed securities. The company has elected to be taxed as a REIT under the Internal Revenue Code and would not be subject to federal income tax to the extent that it distributes at least 90% of its REIT taxable income to stockholders. It has a strategic relationship with JMP Group Inc. The company was founded in 1989 and is headquartered in New York, New York.More Info:Quote |Profile |Reports |Research |Insider | Analyst Ratings...Click here to read the whole Article (external link)
NEW YORK MORTGAGE TRUST INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a
Show all filings for NEW YORK MORTGAGE TRUST INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for NEW YORK MORTGAGE TRUST INC 3-Nov-2009Results of Operations and Financial Condition, Financial Statements a Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informatio...Click here to read the whole Article (external link)
New York Mortgage Trust Reports Third Quarter 2009 Results
NEW YORK, Nov. 3 /PRNewswire-FirstCall/ -- New York Mortgage Trust, Inc. (Nasdaq: NYMT - News; "NYMT" or the "Company") today reported results for the three and nine months ended September 30, 2009. Summary of Third Quarter 2009:Management Overview Steven R. Mumma, Chief Executive Officer, President and Chief Financial Officer of the Company, commented on the Company's 2009 third quarter results. "The Company completed its most profitable quarter in its history, ending the quarter with more liquidity and a diversified portfolio positioning the Company for future growth opportunities. The Company's net interest margin of 413 basis points for the quarter illustrates the transition from a focused leverage Agency strategy to a more diversified portfolio that includes elements of credit risk with reduced leverage. The Company's book value increased to $6.17, or 26% from book value at June 30, 2009, with valuation increases coming from all sectors of the Company's securities portfolio."Results from Operations For the quarter ended September 30, 2009, the Company reported earnings per common share of $0.31 or consolidated net income of $2.9 million, as compared to net income of $1.0 million for the quarter ended September 30, 2008, or $0.11 per common share. The Company's net interest income improved to $4.7 million for the quarter ended September 30, 2009 as compared to $2.2 million for the same period in the previous year. The average ne...Click here to read the whole Article (external link)
NEW YORK MORTGAGE TRUST INC Financials
PERIOD ENDING30-Sep-0931-Mar-0931-Dec-0830-Sep-08Total Revenue16,452 8,585 33,788 3,632 Cost of Revenue(2,138) - (988)(1,326)Gross Profit - 8,585 34,776 4,958 Operating ExpensesResearch Development - - - - Selling General and Administrative4,277 1,570 3,295 2,687 Non Recurring(119)625 5,278 - Others526 - 1,239 74 Total Operating Expenses - - - - Operating Income or Loss - 6,390 24,964 2,197 Income from Continuing OperationsTotal Other Income/Expenses Net - - 1,412 (3)Earnings Before Interest And Taxes13,906 6,390 26,376 2,194 Interest Expense11,265 4,491 31,880 1,450 Income Before Tax2,641 1,899 (5,504)744 Income Tax Expense - - - - Minority Interest - - - - Net Income From Continuing Ops2,641 1,899 (5,504)744 Non-recurring EventsDiscontinued Operations236 155 363 285 Extraordinary Items - - - - Effect Of Accounting Changes - -...Click here to read the whole Article (external link)
NEW YORK MORTGAGE TRUST INC Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains certain forward-looking statements. Forward-looking statements are those which are not historical in nature. They can often be identified by their inclusion of words such as "will," "anticipate," "estimate," "should," "expect," "believe," "intend" and similar expressions. Any projection of revenues, earnings or losses, capital expenditures, distributions, capital structure or other financial terms is a forward-looking statement. Certain statements regarding the following particularly are forward-looking in nature: · our business strategy; · future performance, developments, market forecasts or projected dividends; · projected acquisitions or joint ventures; and · projected capital expenditures. It is important to note that the description of our business, in general, and our investment in real estate-related and certain alternative assets, in particular, is a statement about our operations as of a specific point in time and is not meant to be construed as an investment policy. The types of assets we hold, the amount of leverage we use or the liabilities we incur and other characteristics of our assets and liabilities disclosed in this report as of a specified period of time are subject to reevaluation and change without notice. Our forward-looking statements are based upon our management's beliefs, assumptions and expectations of our future operations and economic performance, taking into account the information currently available to us. Forward-looking statements involve risks and uncertainties, some of which are not currently known to us and many of which are beyond our control and that might cause our actual results, performance or financial condition to be materiall...Click here to read the whole Article (external link)
New Star Analyst Rankings for New York Mortgage Trust, Inc.
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Copyright © 1999-2003, StarMine Corp. All rights reserved.StarMine Corp. derives analyst ratings from estimate and recommendation data supplied by Thomson Financial.Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and...Click here to read the whole Article (external link)
