New York Mortgage Trust Inc reports results for the quarter ended in June - Earnings Summary

Adamas Trust

06/08/2021 07:42

* New York Mortgage Trust Inc  NYMT.OQ  reported quarterly
adjusted earnings of 11 cents​​ per share for the quarter ended
in June. The mean expectation of eight analysts for the quarter
was for earnings of 11 cents per share.
* Revenue rose 10.3% to $31.48 million from a year ago; 
analysts expected $43.90 million. 
* New York Mortgage Trust Inc's reported EPS for the quarter was
11 cents​.
* The mean earnings estimate of analysts had fallen by about 9%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* New York Mortgage Trust Inc shares had fallen by 2.9% this
quarter and gained 17.6% so far this year.
* The company reported quarterly net income of $42.94 million.
* Wall Street's median 12-month price target for New York
Mortgage Trust Inc is $4.75 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated August 6 at 06:42 a.m.  ​All
figures in US dollars unless otherwise stated