XNASNYMTZ
Market cap534mUSD
Dec 24, Last price
19.40USD
1D
-1.45%
1Q
-9.73%
Name
New York Mortgage Trust Inc
Profile
New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related and residential housing-related assets in the United States. Its investment portfolio includes structured multi-family property investments, such as multi-family commercial mortgage-backed securities and preferred equity in, and mezzanine loans to owners of multi-family properties; residential mortgage loans, including distressed residential mortgage loans, non-qualified mortgage loans, second mortgages, residential bridge loans, and other residential mortgage loans; non-agency residential mortgage-backed securities(RMBS); agency RMBS and CMBS; and other mortgage-related, residential housing-related, and credit-related assets. 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. The company was founded in 2003 and is headquartered in New York, New York.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 210,002 2,383.47% | 8,456 -96.83% | 266,510 -228.45% | |||||||
Cost of revenue | 161,752 | 476,974 | 77,757 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 48,250 | (468,518) | 188,753 | |||||||
NOPBT Margin | 22.98% | 70.82% | ||||||||
Operating Taxes | 75 | 542 | 2,458 | |||||||
Tax Rate | 0.16% | 1.30% | ||||||||
NOPAT | 48,175 | (469,060) | 186,295 | |||||||
Net income | (48,665) -85.71% | (340,649) -276.32% | 193,200 -167.03% | |||||||
Dividends | (170,695) | (193,157) | (194,848) | |||||||
Dividend yield | 21.98% | 20.00% | 13.75% | |||||||
Proceeds from repurchase of equity | (11,054) | (44,399) | 27,291 | |||||||
BB yield | 1.42% | 4.60% | -1.93% | |||||||
Debt | ||||||||||
Debt current | 97,384 | 554,259 | ||||||||
Long-term debt | 2,812,253 | 2,648,191 | 2,520,763 | |||||||
Deferred revenue | 5,469 | 7,131 | 13,019 | |||||||
Other long-term liabilities | 21,798 | (1,455,687) | (19,700) | |||||||
Net debt | (1,549,604) | 2,056,367 | 2,144,101 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 29,953 | 91,783 | 138,912 | |||||||
CAPEX | (209,372) | (486,840) | ||||||||
Cash from investing activities | (1,219,931) | (508,775) | (133,030) | |||||||
Cash from financing activities | 1,139,682 | 460,069 | 27,489 | |||||||
FCF | (15,436) | 77,328 | 2,955,976 | |||||||
Balance | ||||||||||
Cash | 2,200,924 | 409,903 | 490,446 | |||||||
Long term investments | 2,160,933 | 279,305 | 440,475 | |||||||
Excess cash | 4,351,357 | 688,785 | 917,596 | |||||||
Stockholders' equity | (668,955) | (415,844) | 75,206 | |||||||
Invested Capital | 8,068,271 | 6,656,195 | 6,105,019 | |||||||
ROIC | 0.65% | 3.33% | ||||||||
ROCE | 0.65% | 3.05% | ||||||||
EV | ||||||||||
Common stock shares outstanding | 91,042 | 94,322 | 95,242 | |||||||
Price | 8.53 -16.70% | 10.24 -31.18% | 14.88 0.81% | |||||||
Market cap | 776,588 -19.60% | 965,855 -31.85% | 1,417,201 3.52% | |||||||
EV | (189,057) | 3,657,468 | 4,190,274 | |||||||
EBITDA | 72,870 | (315,557) | 240,139 | |||||||
EV/EBITDA | 17.45 | |||||||||
Interest | 192,134 | 129,419 | 83,248 | |||||||
Interest/NOPBT | 398.21% | 44.10% |