J Studios Introduction Seeking Alpha asked me to update my feelings about the New York Mortgage Trust (NYMT) preferred stocks, as my prior article was last January when the FOMC was putting rate cuts on hold. With most predictions saying a cut in September is almost certain and a second possible before 2025, then now would be a good time to lock in today's potential cycle peak in YOCs. This article updates the NYMT financials and will compare all four available preferreds: New York Mortgage Trust, Inc. 6.87 ...

New York Mortgage Trust (NYMT) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of $0.05. This compares to loss of $0.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -600%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.12 per share when it actually produced a loss of $0.30, delivering a surprise of -350%. Over the last four quarters, the ...

NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the "Company") is scheduled to report financial results for the three and six months ended June 30, 2024 after the close of market on July 31, 2024. New York Mortgage Trust's executive management will host a conference call and audio webcast at 9:00 a.m., Eastern Time, on Thursday, August 1, 2024. To access the conference call, please pre-register using this link. Registrants will receive confirmation with dial-in deta ...

Stockernumber2 Company Overview From a GAAP perspective, the $1.5 billion stockholders' equity (which includes both common and preferred shares) is levered 4.96 times, while the recourse levenge ratio stands at 1.6, consisting primarily from mark-to-market, or MTM, facilities: Recourse leverage overview (New York Mortgage Trust Q1 2024 Investor Presentation) | --- | --- | --- | --- | --- | --- | --- | |--------|---------|---------|---------|---------|---------|--------| | | | | | | | | | | | | | | | | | (77 ...

Core Viewpoint - New York Mortgage Trust, Inc. announced a public offering of $60 million in senior notes with a 9.125% interest rate due in 2029, with a potential additional $9 million for overallotments [1] Group 1: Offering Details - The offering is expected to close on June 28, 2024, pending customary closing conditions [1] - The notes will be senior unsecured obligations of the company, paying interest quarterly starting October 1, 2024, and maturing on July 1, 2029 [10] - The company has applied to list the notes on the Nasdaq Global Select Market under the symbol "NYMTI" [5] Group 2: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes, including acquiring targeted assets such as single-family and multi-family residential assets [14] Group 3: Underwriters - The offering is managed by a consortium of financial institutions including Morgan Stanley, RBC Capital Markets, UBS Securities, Wells Fargo Securities, Keefe, Bruyette & Woods, and Piper Sandler [2]

The Company intends to use the net proceeds of the offering for general corporate purposes, which may include, among other things, acquiring the Company's targeted assets, including both single-family and multi-family residential assets, and various other types of mortgage-, residential housing- and credit-related assets that the Company may target from time to time and general working capital purposes. RBC Capital Markets, LLC Brookfield Place, 200 Vesey Street, 8th Floor New York, NY 10281 Email: rbcnyfix ...

NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) (the "Company") announced today that its Board of Directors (the "Board") declared a regular quarterly cash dividend of $0.20 per share on shares of its common stock for the quarter ending June 30, 2024. The dividend will be payable on July 29, 2024 to common stockholders of record as of the close of business on June 28, 2024. Quarterly Preferred Stock Dividends The Board declared cash dividends for the dividend period t ...

NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the "Company") announced today that its Board of Directors (the "Board") declared a regular quarterly cash dividend of $0.20 per share on shares of its common stock for the quarter ending June 30, 2024. The dividend will be payable on July 29, 2024 to common stockholders of record as of the close of business on June 28, 2024. | --- | --- | --- | --- | --- | |--------------------------|---------------|---------------|-- ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ____________ Commission file number 001-32216 NEW YORK MORTGAGE TRUST, INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) Table of Contents UNITED STATES SECURITIES AND ...

New York Mortgage Trust, Inc. 2024 First Quarter Financial Summary Forward Looking Statements This presentation contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently available to us. These beliefs, assumptions and expectations are subject to risks and uncertainties and ...