New York Mortgage (NASDAQ: NYMT) shares as of market close today will be eligible for a dividend of 27 cents per share. At a price of $6.83 as of 9:36 a.m. ET, the dividend yield is 15.9%. The average volume for New York Mortgage has been 1.6 million shares per day over the past 30 days. New York Mortgage has a market cap of $433.4 million and is part of the real estate industry. Shares are up 6.6% year to date as of the close of trading on Monday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more. New York Mortgage Trust, Inc., a real estate investment trust (REIT), engages in acquiring, investing in, financing, and managing mortgage-related and financial assets in the United States. The company has a P/E ratio of 7.01. TheStreet Ratings rates New York Mortgage as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. You can view the full New York Mortgage Ratings Report now.
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