- The investment portfolio size will likely increase in the coming quarters due to lower prepayments, the economic rebound, and the availability of funds through re-securitization.
- Economic factors will likely hurt the affordability of homes, thereby constraining the portfolio growth.
- NYMT is offering a high dividend yield of over 9%. Based on the earnings projection, the dividend appears secure.
- The year-end target price suggests a decent upside from the current market price.
For further details see:
New York Mortgage Trust: 9%-Plus Dividend Yield With A Satisfactory Earnings Outlook