New York Mortgage Trust Inc (NASDAQ: NYMT) has recently experienced significant negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Recent meaningful negative changes in investment behavior have impacted New York Mortgage Trust Inc (NASDAQ: NYMT): negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
NYMT’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
New York Mortgage Trust has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. New York Mortgage Trust has a very high Appreciation Score of 85 but a very low Power Rating of 2, resulting in the Low Neutral Value Trend Rating.
Recent Price Action
New York Mortgage Trust Inc (NASDAQ: NYMT) stock closed at $5.82 on 6/7/24 after a modest decline of -1.5%. However, trading volume in this decline was below average at 72% of normal. The stock has declined -0.9% during the last week and has been extremely weak relative to the market over the last nine months.
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