Raymond James analyst Stephen Laws maintained a Hold rating on New York Mortgage (NYMT) yesterday. The company’s shares closed last Thursday at $4.23.
According to TipRanks.com, Laws is a 5-star analyst with an average return of 15.3% and a 67.5% success rate. Laws covers the Financial sector, focusing on stocks such as NexPoint Real Estate ate Finance, Colony Credit Real Estate, and Broadmark Realty Capital.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for New York Mortgage with a $4.50 average price target.
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The company has a one-year high of $6.15 and a one-year low of $0.98. Currently, New York Mortgage has an average volume of 3.4M.
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New York Mortgage Trust, Inc. operates as a real estate investment trust, which acquires, invests and manages primarily mortgage-related assets and financial assets. Its investment portfolio includes structured multi-family property, residential mortgage loans, non-Agency RMBS, Agency RMBS, and certain other mortgage-related and residential housing-related assets. The company was founded on September 26, 2003 and is headquartered in New York, NY.
