Equity Overview
Price & Market Data
Price: $24.19
Daily Change: -$0.50 / 2.07%
Range: $24.18 - $24.42
Market Cap: $0
Volume: 10,698
Performance Metrics
1 Week: 0.61%
1 Month: 0.78%
3 Months: -2.26%
6 Months: -1.28%
1 Year: -1.28%
YTD: -1.28%
Company Details
Employees: 70
Sector: Finance
Industry: Real estate investment trusts
Country: United States
Details
New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. The company's targeted residential loans, including business purpose loans; agency RMBS; non-agency residential mortgage-backed securities (RMBS); structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; and other mortgage-, residential housing- and credit-related assets and strategic investments; and commercial mortgage-backed securities (CMBS). It also owns and manages single-family rental properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. New York Mortgage Trust, Inc. was incorporated in 2003 and is headquartered in New York, New York.