New York Mortgage Trust Inc (NYMT) Files 10-K for the Fiscal Year Ended on December 31, 2018
- By insider
New York Mortgage Trust Inc (NYMT) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. New York Mortgage Trust Inc is a real estate investment trust. The Company is engaged in acquiring, investing in, financing and managing mortgage-related assets and, to a lesser extent, financial assets. New York Mortgage Trust Inc has a market cap of $959.430 million; its shares were traded at around $6.16 with a P/E ratio of 7.60 and P/S ratio of 5.39. The dividend yield of New York Mortgage Trust Inc stocks is 12.99%.
Warning! GuruFocus has detected 4 Warning Signs with NYMT. Click here to check it out.
The intrinsic value of NYMT
For the last quarter New York Mortgage Trust Inc reported a revenue of $42.2 million, compared with the revenue of $36.29 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $141.1 million, an increase of 11.3% from last year. For the last five years New York Mortgage Trust Inc had an average revenue growth rate of 5.3% a year.
The reported diluted earnings per share was 61 cents for the year, a decline of 7.6% from the previous year. Over the last five years New York Mortgage Trust Inc had an average EPS decline of 14.9% a year. The profitability rank of the company is 1 (out of 10).
At the end of the fiscal year, New York Mortgage Trust Inc has the cash and cash equivalents of $103.7 million, compared with $95.2 million in the previous year. The long term debt was $11.3 billion, compared with $9.5 billion in the previous year. New York Mortgage Trust Inc has a financial strength rank of 3 (out of 10).
At the current stock price of $6.16, New York Mortgage Trust Inc is traded at 14.1% premium to its historical median P/S valuation band of $5.40. The P/S ratio of the stock is 5.39, while the historical median P/S ratio is 4.73. The stock gained 22.11% during the past 12 months.
For the complete 20-year historical financial data of NYMT, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 4 Warning Signs with NYMT. Click here to check it out.
The intrinsic value of NYMT
