Equity Overview
Price & Market Data
Price: $24.09
Daily Change: +$0.02 / 0.08%
Range: $23.75 - $24.28
Market Cap: $0
Volume: 50,532
Performance Metrics
1 Week: 1.90%
1 Month: -1.15%
3 Months: -4.37%
6 Months: -3.72%
1 Year: -3.72%
YTD: -3.72%
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.