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Steve Mumma has been the CEO of New York Mortgage Trust, Inc. (NASDAQ:NYMT) since 2009. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Then we'll look at a snap shot of the business growth. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. This method should give us information to assess how appropriately the company pays the CEO.
How Does Steve Mumma's Compensation Compare With Similar Sized Companies?
According to our data, New York Mortgage Trust, Inc. has a market capitalization of US$1.2b, and pays its CEO total annual compensation worth US$2.4m. (This number is for the twelve months until December 2017). We think total compensation is more important but we note that the CEO salary is lower, at US$800k. When we examined a selection of companies with market caps ranging from US$400m to US$1.6b, we found the median CEO total compensation was US$2.2m.
That means Steve Mumma receives fairly typical remuneration for the CEO of a company that size. This doesn't tell us a whole lot on its own, but looking at the performance of the actual business will give us useful context.
You can see, below, how CEO compensation at New York Mortgage Trust has changed over time.
Is New York Mortgage Trust, Inc. Growing?
Over the last three years New York Mortgage Trust, Inc. has grown its earnings per share (EPS) by an average of 17% per year (using a line of best fit). In the last year, its revenue is up 9.5%.
This shows that the company has improved itself over the last few years. Good news for shareholders. It's also good to see modest revenue growth, suggesting the underlying business is healthy. Shareholders might be interested in this free visualization of analyst forecasts.
Has New York Mortgage Trust, Inc. Been A Good Investment?
Most shareholders would probably be pleased with New York Mortgage Trust, Inc. for providing a total return of 98% over three years. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
Steve Mumma is paid around what is normal the leaders of comparable size companies.
Shareholders would surely be happy to see that shareholder returns have been great, and the earnings per share are up. Indeed, many might consider the pay rather modest, given the solid company performance! Shareholders may want to check for free if New York Mortgage Trust insiders are buying or selling shares.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at email@example.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.