Equity Overview
Price & Market Data
Price: $5.60
Daily Change: +$0.045 / 0.80%
Range: $5.52 - $5.64
Market Cap: $507,177,440
Volume: 157,923
Performance Metrics
1 Week: 5.24%
1 Month: -16.90%
3 Months: -5.09%
6 Months: 4.07%
1 Year: -20.55%
YTD: -7.44%
Company Details
Employees: 70
Sector: Finance
Industry: Real estate investment trusts
Country: United States
Details
New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. The company's targeted residential loans, including business purpose loans; agency RMBS; non-agency residential mortgage-backed securities (RMBS); structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; and other mortgage-, residential housing- and credit-related assets and strategic investments; and commercial mortgage-backed securities (CMBS). It also owns and manages single-family rental properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. New York Mortgage Trust, Inc. was incorporated in 2003 and is headquartered in New York, New York.