| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/25/2022 | 104.08% | B. Riley Securities | $5.5 → $5 | Maintains | Buy |
| 08/04/2022 | 63.27% | JonesTrading | $4.25 → $4 | Maintains | Buy |
| 07/18/2022 | 22.45% | Keefe, Bruyette & Woods | → $3 | Downgrades | Outperform → Market Perform |
| 07/18/2022 | 22.45% | Barclays | $3.5 → $3 | Maintains | Equal-Weight |
| 04/27/2022 | 42.86% | Barclays | $4 → $3.5 | Maintains | Equal-Weight |
| 03/09/2022 | 53.06% | B of A Securities | $4.5 → $3.75 | Maintains | Underperform |
| 02/23/2022 | 83.67% | Keefe, Bruyette & Woods | → $4.5 | Upgrades | Market Perform → Outperform |
| 02/22/2022 | 83.67% | JonesTrading | $5 → $4.5 | Maintains | Buy |
| 05/17/2021 | 83.67% | B of A Securities | → $4.5 | Downgrades | Neutral → Underperform |
| 05/12/2021 | 144.9% | B. Riley Securities | → $6 | Initiates Coverage On | → Buy |
| 11/25/2020 | 42.86% | B of A Securities | $3 → $3.5 | Maintains | Neutral |
| 11/24/2020 | — | BTIG | Initiates Coverage On | → Neutral | |
| 08/07/2020 | 42.86% | JonesTrading | $3 → $3.5 | Maintains | Buy |
| 05/27/2020 | 2.04% | Barclays | → $2.5 | Upgrades | Underweight → Equal-Weight |
| 04/29/2020 | -18.37% | Barclays | $5 → $2 | Maintains | Underweight |
| 04/24/2020 | — | Credit Suisse | Upgrades | Underperform → Neutral | |
| 03/25/2020 | — | Maxim Group | Downgrades | Buy → Hold | |
| 08/13/2019 | 185.71% | Nomura | $6.5 → $7 | Maintains | Buy |
| 03/27/2019 | 165.31% | Nomura | → $6.5 | Initiates Coverage On | → Buy |
| 02/28/2019 | — | Barclays | Downgrades | Equal-Weight → Underweight | |
| 10/12/2018 | — | Raymond James | Initiates Coverage On | → Market Perform | |
| 08/06/2018 | 175.51% | Maxim Group | $6.25 → $6.75 | Maintains | Buy |
New York Mortgage Trust Questions & Answers
The latest price target for New York Mortgage Trust (NASDAQ: NYMT) was reported by B. Riley Securities on October 25, 2022. The analyst firm set a price target for $5.00 expecting NYMT to rise to within 12 months (a possible 104.08% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for New York Mortgage Trust (NASDAQ: NYMT) was provided by B. Riley Securities, and New York Mortgage Trust maintained their buy rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of New York Mortgage Trust, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for New York Mortgage Trust was filed on October 25, 2022 so you should expect the next rating to be made available sometime around October 25, 2023.
While ratings are subjective and will change, the latest New York Mortgage Trust (NYMT) rating was a maintained with a price target of $5.50 to $5.00. The current price New York Mortgage Trust (NYMT) is trading at is $2.45, which is out of the analyst's predicted range.