How to Buy New York Mortgage Trust Stock
New York Mortgage Trust Inc
New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States.
New York Mortgage Trust stock last closed at $6.15, down 0.97% from the previous day, and has decreased 37.69% in one year. It has underperformed other stocks in the REIT - Mortgage industry by 0.4 percentage points. New York Mortgage Trust stock is currently +6.4% from its 52-week low of $5.78, and -42.14% from its 52-week high of $10.63.
At the moment, there are 91.23M NYMT shares outstanding. The market capitalization of NYMT is $561.05M. In the past 24 hours, 1.02M NYMT shares were traded.
How to Buy New York Mortgage Trust Stock
Not sure how to invest in New York Mortgage Trust stock? Here's how.
- Decide where to buy New York Mortgage Trust stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy New York Mortgage Trust stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your payment method and add your details.
- Evaluate New York Mortgage Trust stock: The New York Mortgage Trust ticker symbol is NYMT. Is New York Mortgage Trust stock a good investment? Should you buy shares of NYMT? How do NYMT's underlying business fundamentals look? Do top analysts think New York Mortgage Trust is a good buy? Why has NYMT's stock price moved recently? (Hint: Our stock market research tools can help you figure out if NYMT is a good stock to buy).
- Execute your NYMT purchase: Decide if you will purchase NYMT shares at the current market price or use a limit order to purchase NYMT stock at a specific price.
- Watch your NYMT investment: Create a watchlist to important updates regarding your position in New York Mortgage Trust stock.
Step 1: Decide where to buy New York Mortgage Trust stock
You will need an online brokerage account in order to access the NASDAQ market and buy NYMT shares.
Our favorite brokerage: eToro
In our opinion, eToro is the best stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to world financial markets: From Tech to Utilities, New York to Tokyo — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal information so you can invest in NYMT today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open a new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've created your account on mobile trading apps, you can securely and quickly fund your account:
Watch the walkthrough below for more details depositing money into your new brokerage account.
Step 4: Evaluate New York Mortgage Trust stock
After you have chosen the best place to buy New York Mortgage Trust stock, it's absolutely critical to evaluate their stock prior to buying, so you can wrap your head around the risk as well as the opportunity.
New York Mortgage Trust shares data
NYMT Fundamentals
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on NYMT's stock page.
What is the fair value of NYMT stock?
You can use many financial metrics, analyses, models, and charts to gauge NYMT's intrinsic value.
Using relative valuations measures:
- NYMT may be undervalued based on its P/B ratio of 0.38x, relative to REIT - Mortgage industry P/B ratio of 0.73x
You can do more valuation analysis on NYMT's stock here.
NYMT Financial Overview
Passed Health Checks:
- Total NYMT debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- NYMT has a relatively high debt to equity ratio of 3.99.
- NYMT profit margin has gone up by 0.89 percentage points in the past year, but the company is still unprofitable.
Is it a good time to buy NYMT stock, according to analysts?
Out of 3 Wall Street analysts who give forecasts on NYMT, the consensus analyst rating on NYMT is a Buy
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the New York Mortgage Trust stock forecast page.
NYMT Trading Indicators
Is NYMT Making Money?
Last year, NYMT revenue was $112.86M. Over the past 5 year, NYMT's revenue has increased by -6.93% per year. This was slower than the REIT - Mortgage industry average of 1.76%.
You can research NYMT's earnings and revenue performance here.
Are NYMT executives and large shareholders buying or selling the stock?
In the last year, executives and large shareholders at NYMT have sold more shares than they have bought.
Nicholas Mah, President of NYMT, was the latest NYMT insider to sell. They sold $93,663.26 worth of NYMT shares on Jan 27, 2024.
Dig into more about who owns NYMT stock here.
Does NYMT stock generate passive income?
New York Mortgage Trust pays a dividend of 16.26%, compared to the REIT - Mortgage industry's average dividend yield of 13.41%. If you owned $1,000 of NYMT stock, you would have been paid $162.60 in the past year.
New York Mortgage Trust dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more analysis about New York Mortgage Trust dividend yield and history here.
What do other traders have to say about NYMT?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your NYMT purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, place a limit order.
Hit the Open button and your broker will execute your order.
If you need more info about buying stocks on eToro, click the how to video below:
Step 6: Watch your NYMT investment
Now that you own some NYMT stock, you'll want to keep up with your company.
Create a watchlist to get notified of important updates regarding your NYMT stock.
NYMT Feed
How to Buy Stock in New York Mortgage Trust
To reiterate, here are the 6 steps to buy New York Mortgage Trust stock:
- Decide where to buy New York Mortgage Trust stock
- Open a brokerage account
- Put funds into your brokerage account
- Evaluate New York Mortgage Trust stock
- Execute your NYMT purchase
- Watch your NYMT investment
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in New York Mortgage Trust, add NYMT to your watchlist by clicking the button below.
Related Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.