U.S. markets open in 1 hour 43 minutes
  • S&P Futures

    3,927.50
    +23.75 (+0.61%)
     
  • Dow Futures

    31,619.00
    +198.00 (+0.63%)
     
  • Nasdaq Futures

    12,109.50
    +69.00 (+0.57%)
     
  • Russell 2000 Futures

    1,783.40
    +13.60 (+0.77%)
     
  • Crude Oil

    111.37
    +1.80 (+1.64%)
     
  • Gold

    1,824.40
    -0.40 (-0.02%)
     
  • Silver

    21.19
    +0.02 (+0.10%)
     
  • EUR/USD

    1.0580
    -0.0007 (-0.06%)
     
  • 10-Yr Bond

    3.1940
    0.0000 (0.00%)
     
  • Vix

    26.93
    -0.30 (-1.10%)
     
  • GBP/USD

    1.2238
    -0.0032 (-0.26%)
     
  • USD/JPY

    136.2210
    +0.7750 (+0.57%)
     
  • BTC-USD

    21,023.00
    -328.80 (-1.54%)
     
  • CMC Crypto 200

    459.36
    -2.43 (-0.53%)
     
  • FTSE 100

    7,358.69
    +100.37 (+1.38%)
     
  • Nikkei 225

    27,049.47
    +178.20 (+0.66%)
     

Recap: New York Mortgage Trust Q4 Earnings

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Shares of New York Mortgage Trust (NASDAQ:NYMT) moved higher in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 10.00% over the past year to $0.18, which beat the estimate of $0.09.

Revenue of $25,956,000 decreased by 41.01% year over year, which missed the estimate of $35,370,000.

Looking Ahead

New York Mortgage Trust hasn't issued any earnings guidance for the time being.

View more earnings on NYMT

New York Mortgage Trust hasn't issued any revenue guidance for the time being.

Price Action

Company's 52-week high was at $6.33

Company's 52-week low was at $0.98

Price action over last quarter: Up 58.15%

Company Overview

New York Mortgage Trust Inc is a real estate investment trust for federal income tax purposes, in the business of acquiring, investing in, financing and managing mortgage-related and residential housing-related assets. The company's investment portfolio consists of Structured multi-family property investments such as multi-family CMBS an preferred equity in, and mezzanine loans to owners of multi-family properties. Distressed residential assets such as residential mortgage loans sourced from distressed markets and non-Agency RMBS. Second mortgages, Agency RMBS, and certain other mortgage-related and residential housing-related assets.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.