Equity Overview
Price & Market Data
Price: $24.95
Daily Change: +$0.349 / 1.40%
Range: $24.41 - $24.95
Market Cap: $0
Volume: 9,861
Performance Metrics
1 Week: 2.17%
1 Month: -0.45%
3 Months: -3.62%
6 Months: -2.31%
1 Year: -2.08%
YTD: -2.70%
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. Its targeted investments include residential loans, including business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); single-family rental properties; and other mortgage, residential housing, and credit-related assets. The company also 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.