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

Adamas Trust

07/05/2021 16:10

* New York Mortgage Trust Inc  NYMT.OQ  reported quarterly
adjusted earnings of 11 cents​​ per share for the quarter ended
in March. The mean expectation of nine analysts for the quarter
was for earnings of 12 cents per share.
* Revenue fell 22.9% to $36.32 million from a year ago​; 
analysts expected $37.15 million.
* New York Mortgage Trust Inc's reported EPS for the quarter was
11 cents​.
* The mean earnings estimate of analysts had risen by
about 20.9% 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 risen by 2.7% this
quarter and gained 24.4% so far this year.
* The company reported quarterly net income of $41.91 million.
* Wall Street's median 12-month price target for New York
Mortgage Trust Inc is $4.50 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 7 at 03:10 p.m. GMT. ​All
figures in US Dollars.​