NYMTN News and Press, New York Mortgage Trust Inc. 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock From 12/19/20

PMT has substantial exposure to mortgage production. That’s been a positive factor for them during a period of high production. Investors used to like that about PMT, then became disappointed when the company only released exceptional results. Expectations were out of control. ...

Investors starting on the sector should begin by learning about some of the simpler mortgage REITs. Ones focused on agency MBS are usually simpler. We’ll bring out a high-risk pick with substantial upside today. GPMT is a commercial REIT with a price-to-estimated-book below .60...

U.S. equity markets finished modestly lower this past week as vaccine optimism and an IPO-frenzy were offset by concerns over the ongoing intensification of the coronavirus outbreak and resulting shutdowns. A potentially pivotal turning point in the battle against COVID-19, the FDA ap...

Today we're going to focus on mortgage REITs investors already missed the boat on. These mortgage REITs have a few things in common. They rallied dramatically and deserve a neutral rating after the huge returns they gave shareholders. In this series we're providing readers with th...

New York Mortgage Trust Cum Conv Perp Red Pfd Registered Shs Series D (NYMTN) declares $0.50/share quarterly dividend, in line with previous.Forward yield 8.7%Payable Jan. 15; for shareholders of record Jan. 1; ex-div Dec. 30.See NYMTN Dividend Scorecard, Yield Chart, & Dividend Growth. ...

New York Mortgage Trust was one of our strongest “Strong Buy” recommendations. After rallying 95%, it’s trading within the reasonable range. Since shares are no longer hilariously undervalued, we’ll go back to a neutral rating. In this series we’...

We often focus on the mortgage REIT common shares in this series, but this time we’re going to emphasize the preferred shares. We provided readers recently with a fairly large article demonstrating the dramatic difference in the valuation of the AGNC preferred shares. Despi...

We can finally drop to a neutral outlook on ANH. Shares are up about 40% since late October. We're grateful for this opportunity to be right - again. We’re seeing far more REITs trading at reasonable valuations today. It was weird being stuck in a bullish stance on most of the ...

There's still a lot of negative sentiment around mREITS and around real estate in New York. I acknowledge this is a fairly risky investment, but the portfolio looks like it's performing reasonably well, has high loan-to-value ratios, and is getting derisked. My main worry is that ...

Bearish ratings on mortgage REITs? Sure, we’ll go bearish on MITT and ORC. Price-to-book ratios are way too high compared to peers. Nothing wrong with ORC except the share price. Investors are getting blinded by the dividend, but they could get a better deal on similar REITs. ...