NYMTP News and Press, New York Mortgage Trust Inc. 7.75% Series B Cumulative Redeemable Preferred Stock From 01/14/21

One of the mortgage REITs we own, PMT, still trades around a 15% discount to projected book value. That’s still attractive. Investors in the sector need to have the discipline to stick to an investing strategy. We’ve enjoyed great success using discounts to (current esti...

This article compares NLY’s recent dividend per share rates, yield percentages, and several dividend sustainability metrics to 20 mREIT peers. This includes an analysis of NLY’s quarterly estimated REIT taxable income, estimated core earnings, and normalized core earning...

We regularly cover preferred shares as a way for investors to find a steady yield. They still carry risk, but less than common shares. The preferred shares from mortgage REITs can offer great opportunities. When prices get inefficient, we get nice opportunities. In this series, we...

We took gains on part of our largest position. We often hold large positions in AGNC preferred shares and went overweight with purchases on 8/7/2020 and 11/5/2020. We reduced the exposure and began picking up some other shares like TWO-E. The preferred shares from mortgage REITs c...

While many high-yield opportunities provide more risk than return, there are exceptions. The preferred shares from mortgage REITs can offer great opportunities. When prices get inefficient, we get nice opportunities. We recently added to our position in NYMTM. This is a high-risk ...

Investors frequently have questions about ex-dividend dates. This should be one of the simplest parts of investing, yet investors are often starved for information. When we look at mortgage REITs (where yields are very high), the ex-dividend dates matter even more. When we dis...

Part 1 of this article compares NLY’s recent investment composition, leverage, hedging coverage ratio, quarterly BV, economic return, and current valuation to twenty mREIT peers. Providing sector-wide metrics allows readers to better understand which mREIT companies will likely...

Want to avoid picking a mortgage REIT that’s carrying more risk than peers at a higher valuation? Simple solution: Stay bearish on MITT. Many peers offer better risk/reward ratios. In this series we’re providing readers with the discounts to trailing book values thro...

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...