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New York Mortgage Trust Inc

New York Mortgage Trust Inc (NYMT)

5.71
0.03
(0.53%)
Closed November 05 4:00PM
5.77
0.06
( 1.05% )
Pre Market: 9:06AM

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NYMT News

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NYMT Discussion

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not one red cent ~NORC~ not one red cent ~NORC~ 7 months ago
Sadly, I was right about this one. Wash, rinse, and repeat. NYMT walked the dividend down after the dreaded reverse split and now both the divi and the PPS are about where they were BEFORE the reverse split.

And to make matters worse, their Investor Relations will not return emails. Another RED FLAG.
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not one red cent ~NORC~ not one red cent ~NORC~ 11 months ago
And once again, NYMT reduces the dividend.

WASH RINSE REPEAT
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not one red cent ~NORC~ not one red cent ~NORC~ 1 year ago
Well here we go with the wash-rinse-repeat. NYMT lowers the dividend to .30
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Mbrady4 Mbrady4 2 years ago
Thank you, I saw the divi adjust a day after the reverse split. It’s really going to suck if that goes down. Lot invested here.
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not one red cent ~NORC~ not one red cent ~NORC~ 2 years ago
The dividend will increase to .40 per share after the 1:4 reverse split. (.10 x 4 = .40)

But don't be surprised if NYMT lowers the dividend after a few quarters. Especially if our economy doesn't get back on track. MFA did that exact thing recently.

If they walk the dividend down to where it was pre-split, it's a win for the company but a huge loss for the shareholders. A wash-rinse-repeat sort of thing.
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Mbrady4 Mbrady4 2 years ago
Did the dividend go down if it stayed at $.10?
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geo58 geo58 2 years ago
After 12 years in this stock I had to get out.Sold out and walked away with my original investment only.I dripped averaged down did everything just to stay afloat.The employee incentive program trims a dollar off the share price at the beginning of every year.
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Mbrady4 Mbrady4 2 years ago
1 for 4 reverse split authorized for common stock. Hmmm
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maverick one maverick one 2 years ago
I’m going to add - the div is solid.
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not one red cent ~NORC~ not one red cent ~NORC~ 2 years ago
09/16/2022 NYMT announced a $0.10 dividend for common stock.

The dividend will be payable on October 26, 2022 to common stockholders of record as of the close of business on September 26, 2022.

https://www.marketscreener.com/quote/stock/NEW-YORK-MORTGAGE-TRUST-3081571/news/New-York-Mortgage-Trust-Declares-Third-Quarter-2022-Common-Stock-Dividend-Payable-on-October-26-20-41796814/
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not one red cent ~NORC~ not one red cent ~NORC~ 2 years ago
NYMT Given Consensus Recommendation of "Hold" by Brokerages

https://www.marketbeat.com/instant-alerts/nasdaq-nymt-consensus-analyst-rating-2022-08-2/
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maverick one maverick one 2 years ago
Reliable div - cheap PPS entry - I’m not crying - I’m buying
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not one red cent ~NORC~ not one red cent ~NORC~ 2 years ago
06/17/2022 NYMT announced a $0.10 dividend for common stock.

The dividend will be payable on July 25, 2022 to common stockholders of record as of the close of business on June 27, 2022.

https://finance.yahoo.com/news/york-mortgage-trust-declares-second-200500068.html
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Mbrady4 Mbrady4 2 years ago
The fall of the cabal
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Lowjack Lowjack 2 years ago
Must be mark to fantasy accounting! 2008 X 10!

https://www.wsj.com/articles/smithfield-foods-citing-high-costs-of-operating-in-california-to-close-pork-plant-11654950795
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geo58 geo58 2 years ago
Company is worth 1.2 billion dollars can’t even stay above 3.00.what happened ?
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not one red cent ~NORC~ not one red cent ~NORC~ 3 years ago
Dividends. But if that ever goes away, then I'm getting another dog.
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Lowjack Lowjack 3 years ago
Why keep dead cat?
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Mbrady4 Mbrady4 3 years ago
What’s going on here blackrock, you selling all your shares?
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not one red cent ~NORC~ not one red cent ~NORC~ 3 years ago
Is NYMT a Keeper?

https://newsheater.com/2022/03/30/is-new-york-mortgage-trust-inc-nymt-a-keeper-2/
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not one red cent ~NORC~ not one red cent ~NORC~ 3 years ago
NYMT Issued New PFD: Retires Older One, Again

https://seekingalpha.com/article/4483812-new-york-mortgage-trust-new-pfd-retires-older-one
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Mbrady4 Mbrady4 3 years ago
Wow
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not one red cent ~NORC~ not one red cent ~NORC~ 3 years ago
NYMT: Good Opportunity For Growth Investors

https://seekingalpha.com/article/4473021-new-york-mortgage-trust-growth-investors-lets-go-but-income-investors-be-careful
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Mbrady4 Mbrady4 3 years ago
What do you mean by that.
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geo58 geo58 3 years ago
Newbs getting to know the real Nymt today.
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Lowjack Lowjack 3 years ago
Now you know who will take the blame!
https://ih.advfn.com/stock-market/NASDAQ/new-york-mortgage-NYMT/stock-news/86578738/new-york-mortgage-trust-inc-announces-leadership
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not one red cent ~NORC~ not one red cent ~NORC~ 3 years ago
NYMT Reports Third Quarter 2021 Results

https://www.nymtrust.com/news/year/2021/11-02-2021
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Lowjack Lowjack 3 years ago
You will be forced to sell one way or another!
Your asset is not even worth 10% of book value!
https://www.cnbc.com/2021/10/21/china-evergrande-shares-drop-after-hopson-asset-deal-falls-through.html
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Lowjack Lowjack 3 years ago
See contagious!

https://www.cnbc.com/2021/10/05/china-property-default-risk-for-fantasia-sinic-amid-evergrande-crisis.html
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Lowjack Lowjack 3 years ago
Highly contagious strain!

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Lowjack Lowjack 3 years ago
Evergrand is in default!

https://www.cnbc.com/2021/09/24/evergrande-debt-crisis-83-million-interest-payment-on-dollar-bond-.html

https://www.reuters.com/world/china/disgruntled-china-evergrande-investors-crowd-headquarters-protest-2021-09-13/

Default provisions are there for a reason!

Bonds are now worth $0.02/$, if you overpay, this is your fault.
Don't plan on taking ownership of the properties as the construction quality is a death trap.

Lehman 2.0!

Yuan:USD 10:1
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Lowjack Lowjack 3 years ago


https://www.cnbc.com/2021/09/17/china-developer-evergrande-debt-crisis-bond-default-and-investor-risks.html
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not one red cent ~NORC~ not one red cent ~NORC~ 3 years ago
NYMT Declares Third Quarter Dividend of $0.10

The dividend will be payable on October 25, 2021 to common stockholders of record as of the close of business on September 23, 2021.

https://www.nymtrust.com/news-releases/news-release-details/new-york-mortgage-trust-declares-third-quarter-2021-common-stock
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geo58 geo58 3 years ago
Dilution,Chaseing Investors away.
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Lowjack Lowjack 3 years ago
Blue states are BK because of their Dumbocrat policies!

https://www.cnbc.com/2021/09/08/moderate-democrats-want-biden-spending-plan-to-eliminate-salt-cap.html

Executions for those pushing vaccines that don't work!
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Lowjack Lowjack 3 years ago
Buy Gold!

https://www.cnbc.com/2021/09/03/jobs-report-august-2021.html
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Imagineer66 Imagineer66 3 years ago
What did Cramer say now?
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maverick one maverick one 3 years ago
Hit it on head. Cramer, who? LOL. I never tune in.
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Lowjack Lowjack 3 years ago
Eviction + Dilution overhang = Cramer jumps off cliff!
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maverick one maverick one 3 years ago
I’ve been adding fir the dividend.
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maverick one maverick one 3 years ago
It’s usually the opposite of what he spews. By time he talks about stock and he recommends to buy, it’s usually time to sell all positions in it. Opposite if he says to sell.
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not one red cent ~NORC~ not one red cent ~NORC~ 3 years ago
NYMT Reports Second Quarter 2021 Results

https://www.nymtrust.com/news-releases/news-release-details/new-york-mortgage-trust-reports-second-quarter-2021-results
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Lowjack Lowjack 3 years ago
There's your Cramer confirmation of the sell signal!

https://www.cnbc.com/2021/08/04/jim-cramer-says-he-remains-confident-in-us-economy-despite-covid-delta-surge.html
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Lowjack Lowjack 3 years ago
Probably a really good time to short the preferred shares!!!
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Lowjack Lowjack 3 years ago
It's one of them zombie hydras! How many heads and shoulders do you need?
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geo58 geo58 3 years ago
And just like that it pops up again.
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Lowjack Lowjack 3 years ago
RIP!
youtube.com/watch?v=Q53Wxx7aLrs
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not one red cent ~NORC~ not one red cent ~NORC~ 3 years ago
NYMT Declares Second Quarter Dividend of $0.10

(I'm a little surprised they didn't increase it)

Dividend of $0.10 per share on shares of its common stock for the quarter ending June 30, 2021. The dividend will be payable on July 26, 2021 to common stockholders of record as of the close of business on June 24, 2021.

https://www.nymtrust.com/news-releases/news-release-details/new-york-mortgage-trust-declares-second-quarter-2021-common
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Chris9220 Chris9220 3 years ago
This is long term hold. This stock will go up as the commercial real estate market recovers. Also in AHT; they have interest in all of the high end hotels. Only 7 bucks a share, down from $80.
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geo58 geo58 3 years ago
I’m here.Still have all my shares too.Glad I stuck with it.
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