New York Mortgage Trust Inc - Understand $nymt stock

$NYMT Market Cap: $551.6 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$479.8M

TTM

Gross Margin

58.97%

TTM

Net Earnings

$824.0K

TTM

Current Assets

$195.1M

Q3 2024

Current Liabilities

$3.757B

Q3 2024

Current Ratio

5.19%

Q3 2024

Total Assets

$8.906B

Q3 2024

Total Liabilities

$7.434B

Q3 2024

Book Value

$1.472B

Q3 2024

Cash

$195.1M

Q3 2024

P/E

669.5

Nov 29, 2024 EST

Free Cash Flow

-$28.83M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Revenue	$258.7M	$258.4M	$206.9M	$350.2M	$694.6M	$455.8M	$366.1M	$319.3M	$336.8M	$378.8M	$291.7M	$147.2M	$22.30M	$25.50M	$34.30M	$18.90M	$33.70M	$64.40M	$57.50M	$20.60M	$37.40M	$18.10M	$11.80M
YoY Change	0.11%	24.91%	-40.92%	-49.59%	52.39%	24.51%	14.65%	-5.19%	-11.11%	29.86%	98.18%	560.09%	-12.55%	-25.66%	81.48%	-43.92%	-47.67%	12.0%	179.13%	-44.92%	106.63%	53.39%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Revenue	$258.7M	$258.4M	$206.9M	$350.2M	$694.6M	$455.8M	$366.1M	$319.3M	$336.8M	$378.8M	$291.7M	$147.2M	$22.30M	$25.50M	$34.30M	$18.90M	$33.70M	$64.40M	$57.50M	$20.60M	$37.40M	$18.10M	$11.80M
Cost Of Revenue	$192.1M	$185.4M	$83.25M	$222.2M	$568.0M	$382.4M	$312.6M	$263.9M	$279.8M	$325.5M	$239.3M	$110.9M	$8.100M	$9.600M	$15.50M	$36.90M	$50.10M	$60.10M	$49.90M	$12.50M	$7.000M	$4.700M	$3.500M
Gross Profit	$304.6M	-$61.19M	$296.9M	-$207.5M	$221.2M	$141.1M	$126.7M	$95.80M	$102.7M	$163.9M	$83.00M	$36.30M	$14.20M	$15.90M	$18.80M	-$18.10M	-$16.40M	$4.300M	$7.600M	$8.100M	$30.40M	$13.40M	$8.300M
Gross Profit Margin	117.75%	-23.68%	143.54%	-59.26%	31.85%	30.96%	34.61%	30.0%	30.5%	43.26%	28.45%	24.66%	63.68%	62.35%	54.81%	-95.77%	-48.66%	6.68%	13.22%	39.32%	81.28%	74.03%	70.34%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Selling, General & Admin	$252.6M	$204.5M	$77.76M	$42.20M	$35.60M	$27.20M	$41.08M	$35.22M	$39.48M	$40.46M	$19.92M	$6.400M	$5.100M	$8.000M	$3.900M	$4.000M	$2.000M	$1.500M	$3.100M	$1.100M	$15.30M	$9.100M	$6.100M
YoY Change	23.55%	162.98%	84.26%	18.54%	30.88%	-33.78%	16.63%	-10.79%	-2.42%	103.14%	211.2%	25.49%	-36.25%	105.13%	-2.5%	100.0%	33.33%	-51.61%	181.82%	-92.81%	68.13%	49.18%
% of Gross Profit	82.95%		26.19%		16.09%	19.28%	32.42%	36.77%	38.44%	24.69%	24.0%	17.63%	35.92%	50.31%	20.74%			34.88%	40.79%	13.58%	50.33%	67.91%	73.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$24.62M	$126.8M	$5.700M	$200.0K	$0.00										$1.400M	$1.400M	$800.0K	$2.100M	$1.700M	$700.0K	$400.0K	$300.0K	$200.0K
YoY Change	-80.59%	2124.98%	2750.0%												0.0%	75.0%	-61.9%	23.53%	142.86%	75.0%	33.33%	50.0%
% of Gross Profit	8.08%		1.92%		0.0%										7.45%			48.84%	22.37%	8.64%	1.32%	2.24%	2.41%
Operating Expenses	$73.52M	$348.6M	$104.4M	$54.56M	$49.84M	$41.47M	$41.08M	$35.22M	$39.48M	$40.46M	$19.92M	$7.200M	$6.700M	$10.20M	$7.900M	$7.700M	$4.400M	$2.100M	$4.300M	$1.200M	$16.60M	$9.600M	$6.400M
YoY Change	-78.91%	233.79%	91.38%	9.49%	20.17%	0.96%	16.63%	-10.79%	-2.42%	103.14%	176.63%	7.46%	-34.31%	29.11%	2.6%	75.0%	109.52%	-51.16%	258.33%	-92.77%	72.92%	50.0%
Operating Profit	-$77.72M	-$340.1M	$190.9M	-$287.3M	$172.5M	$103.7M	$91.92M	$60.58M	$63.22M	$123.4M	$63.08M	$29.10M	$7.500M	$5.700M	$10.90M	-$25.80M	-$20.80M	$2.200M	$3.300M	$6.900M	$13.80M	$3.800M	$1.900M
YoY Change	-77.15%	-278.13%	-166.47%	-266.55%	66.26%	12.85%	51.74%	-4.18%	-48.79%	95.68%	116.78%	288.0%	31.58%	-47.71%	-142.25%	24.04%	-1045.45%	-33.33%	-52.17%	-50.0%	263.16%	100.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Interest Expense	$192.1M	$129.4M	$83.25M	$223.1M	$566.8M	$377.1M	$308.1M	$254.7M	$13.74M	$5.569M	$6.655M
YoY Change	48.46%	55.46%	-62.68%	-60.64%	50.3%	22.39%	20.98%	1753.88%	146.67%	-16.32%
% of Operating Profit			43.6%		328.59%	363.48%	335.18%	420.39%	21.73%	4.51%	10.55%
Other Income/Expense, Net	$4.736M	$18.74M	$5.515M			$16.57M	$13.55M	$19.08M	$9.430M	$4.809M	$2.709M
YoY Change	-74.73%	239.76%				22.26%	-28.97%	102.31%	96.09%	77.52%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Pretax Income	-$77.72M	-$340.1M	$190.9M	-$287.3M	$172.5M	$103.7M	$91.92M	$70.66M	$82.55M	$142.6M	$69.69M	$29.10M	$5.200M	$5.700M	$10.90M	-$25.80M	-$20.80M	$2.200M	$3.300M	$6.900M	$13.70M	$3.800M	$1.900M
YoY Change	-77.15%	-278.13%	-166.46%	-266.55%	66.28%	12.85%	30.1%	-14.41%	-42.11%	104.59%	139.5%	459.62%	-8.77%	-47.71%	-142.25%	24.04%	-1045.45%	-33.33%	-52.17%	-49.64%	260.53%	100.0%
Income Tax	$75.00K	$542.0K	$2.458M	$981.0K	-$419.0K	-$1.057M	$3.355M	$3.095M	$4.535M	$6.395M	$739.0K	$900.0K	$400.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income			1.29%		-0.24%	-1.02%	3.65%	4.38%	5.49%	4.49%	1.06%	3.09%	7.69%	0.0%	0.0%			0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net Earnings	-$48.67M	-$298.6M	$193.2M	-$288.5M	$173.7M	$102.9M	$91.98M	$67.55M	$78.01M	$136.2M	$68.96M	$28.30M	$4.800M	$6.800M	$11.70M	-$24.10M	-$55.30M	-$15.00M	-$5.300M	$4.900M	$13.70M	$3.800M	$1.900M
YoY Change	-83.7%	-254.56%	-166.96%	-266.06%	68.86%	11.86%	36.16%	-13.41%	-42.72%	97.51%	143.66%	489.58%	-29.41%	-41.88%	-148.55%	-56.42%	268.67%	183.02%	-208.16%	-64.23%	260.53%	100.0%
Net Earnings / Revenue	-18.81%	-115.56%	93.39%	-82.39%	25.01%	22.57%	25.13%	21.16%	23.17%	35.95%	23.64%	19.23%	21.52%	26.67%	34.11%	-127.51%	-164.09%	-23.29%	-9.22%	23.79%	36.63%	20.99%	16.1%
Basic Earnings Per Share	-$0.99	-$0.90	$0.38	-$0.89	$0.65	$0.62	$0.68	$0.50	$0.62	$1.48	$1.11
Diluted Earnings Per Share	-$0.99	-$0.90	$0.38	-$0.89	$0.64	$0.61	$0.66	$0.50	$0.62	$1.48	$1.11	$1.084M	$457.1K	$723.4K	$983.2K	-$2.904M	-$30.72M	-$8.333M	-$2.944M	$2.722M	$7.611M	$2.111M	$1.056M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Cash & Short-Term Investments	$187.1M	$244.7M	$289.6M	$293.0M	$119.0M	$104.0M	$95.00M	$84.00M	$62.00M	$76.00M	$32.00M	$32.00M	$17.00M	$19.00M	$25.00M	$9.000M	$6.000M	$1.000M	$9.000M	$8.000M	$4.000M	$3.000M
YoY Change	-23.54%	-15.5%	-1.16%	146.22%	14.42%	9.47%	13.1%	35.48%	-18.42%	137.5%	0.0%	88.24%	-10.53%	-24.0%	177.78%	50.0%	500.0%	-88.89%	12.5%	100.0%	33.33%
Cash & Equivalents	$187.1M	$244.7M	$289.6M	$293.0M	$119.0M	$104.0M	$95.00M	$84.00M	$62.00M	$76.00M	$32.00M	$32.00M	$17.00M	$19.00M	$25.00M	$9.000M	$6.000M	$1.000M	$9.000M	$8.000M	$4.000M	$3.000M
Short-Term Investments
Other Short-Term Assets														$0.00	$1.000M	$0.00	$2.000M	$21.00M	$13.00M	$4.000M	$2.000M	$2.000M
YoY Change														-100.0%		-100.0%	-90.48%	61.54%	225.0%	100.0%	0.0%
Inventory					$0.00	$30.00M	$64.00M
Prepaid Expenses
Receivables												$0.00	$1.000M	$6.000M	$2.000M	$3.000M	$3.000M	$5.000M	$10.00M	$95.00M	$62.00M	$41.00M
Other Receivables												$86.00M	$10.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$502.5M	$357.4M	$441.1M	$449.0M	$279.0M	$243.0M	$257.0M	$184.0M	$125.0M	$244.0M	$113.0M	$118.0M	$28.00M	$25.00M	$28.00M	$12.00M	$11.00M	$27.00M	$32.00M	$107.0M	$68.00M	$46.00M
YoY Change	40.61%	-18.98%	-1.77%	60.93%	14.81%	-5.45%	39.67%	47.2%	-48.77%	115.93%	-4.24%	321.43%	12.0%	-10.71%	133.33%	9.09%	-59.26%	-15.63%	-70.09%	57.35%	47.83%
Property, Plant & Equipment	$1.132B	$700.8M	$1.027B	$10.00M	$9.000M												$0.00	$0.00		$5.000M	$2.000M	$1.000M
YoY Change	61.5%	-31.74%	10165.94%	11.11%																150.0%	100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$5.245B	$3.804B	$4.016B	$4.022B	$5.158B	$2.552B	$1.883B	$1.401B	$1.412B	$1.216B	$1.015B	$1.106B	$209.0M	$106.0M	$178.0M	$479.0M	$350.0M	$489.0M	$716.0M	$1.205B	$3.000M	$2.000M
YoY Change	37.87%	-5.27%	-0.15%	-22.02%	102.12%	35.53%	34.4%	-0.78%	16.12%	19.8%	-8.23%	429.19%	97.17%	-40.45%	-62.84%	36.86%	-28.43%	-31.7%	-40.58%	40066.67%	50.0%
Other Assets	$426.0M	$1.291B	$54.54M	$11.00M		$5.000M	$20.00M	$56.00M	$21.00M	$54.00M	$44.00M		$26.00M	$7.000M	$7.000M	$14.00M	$16.00M	$216.0M	$254.0M	$19.00M	$0.00	$0.00
YoY Change	-66.99%	2266.43%	395.83%			-75.0%	-64.29%	166.67%	-61.11%	22.73%			271.43%	0.0%	-50.0%	-12.5%	-92.59%	-14.96%	1236.84%
Total Long-Term Assets	$6.899B	$5.883B	$5.217B	$4.207B	$23.20B	$14.50B	$11.80B	$8.768B	$8.931B	$10.30B	$9.786B	$7.042B	$655.0M	$349.0M	$461.0M	$841.0M	$798.0M	$1.296B	$1.759B	$1.508B	$42.00M	$37.00M
YoY Change	17.26%	12.77%	24.01%	-81.87%	60.08%	22.85%	34.57%	-1.83%	-13.26%	5.21%	38.97%	975.11%	87.68%	-24.3%	-45.18%	5.39%	-38.43%	-26.32%	16.64%	3490.48%	13.51%
Total Assets	$7.401B	$6.241B	$5.658B	$4.656B	$23.48B	$14.74B	$12.06B	$8.952B	$9.056B	$10.54B	$9.899B	$7.160B	$683.0M	$374.0M	$489.0M	$853.0M	$809.0M	$1.323B	$1.791B	$1.615B	$110.0M	$83.00M
YoY Change
Accounts Payable							$0.00	$148.0M	$228.0M	$284.0M	$192.0M	$246.0M	$228.0M		$5.000M	$4.000M	$4.000M	$6.000M	$15.00M	$0.00	$1.000M	$1.000M
YoY Change							-100.0%	-35.09%	-19.72%	47.92%	-21.95%	7.89%			25.0%	0.0%	-33.33%	-60.0%		-100.0%	0.0%
Accrued Expenses	$118.0M	$58.47M	$141.4M	$138.0M	$177.0M	$101.0M	$82.00M	$66.00M	$60.00M	$75.00M	$54.00M	$35.00M	$8.000M	$4.000M
YoY Change	101.84%	-58.64%	2.45%	-22.03%	75.25%	23.17%	24.24%	10.0%	-20.0%	38.89%	54.29%	337.5%	100.0%
Deferred Revenue
YoY Change
Short-Term Debt	$2.471B	$737.0M	$554.3M	$406.0M	$3.105B	$2.132B	$1.426B	$966.0M	$790.0M	$652.0M	$791.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$4.000M	$359.0M	$90.00M	$73.00M
YoY Change	235.28%	32.97%	36.52%	-86.92%	45.64%	49.51%	47.62%	22.28%	21.17%	-17.57%								-100.0%	-98.89%	298.89%	23.29%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$2.589B	$845.5M	$695.6M	$544.0M	$3.282B	$2.233B	$1.508B	$1.180B	$1.078B	$1.011B	$1.037B	$281.0M	$236.0M	$4.000M	$5.000M	$4.000M	$4.000M	$6.000M	$19.00M	$359.0M	$94.00M	$74.00M
YoY Change	206.23%	21.54%	27.88%	-83.42%	46.98%	48.08%	27.8%	9.46%	6.63%	-2.51%	269.04%	19.07%	5800.0%	-20.0%	25.0%	0.0%	-33.33%	-68.42%	-94.71%	281.91%	27.03%
Long-Term Debt	$2.798B	$2.640B	$2.511B	$1.804B	$18.00B	$11.33B	$9.572B	$6.920B	$7.097B	$8.710B	$8.379B	$5.663B	$245.0M	$265.0M	$331.0M	$400.0M	$461.0M	$242.0M	$273.0M	$0.00	$15.00M	$0.00
YoY Change	5.99%	5.12%	39.2%	-89.98%	58.91%	18.31%	38.32%	-2.49%	-18.52%	3.95%	47.96%	2211.43%	-7.55%	-19.94%	-17.25%	-13.23%	90.5%	-11.36%		-100.0%
Other Long-Term Liabilities	$386.0M	$890.9M	$13.02M				$0.00	$0.00	$2.000M	$1.000M	$1.000M	$895.0M	$115.0M	$37.00M	$89.00M	$410.0M	$325.0M	$1.003B	$1.399B	$1.116B	$0.00	$1.000M
YoY Change	-56.67%	6743.41%						-100.0%	100.0%	0.0%	-99.89%	678.26%	210.81%	-58.43%	-78.29%	26.15%	-67.6%	-28.31%	25.36%		-100.0%
Total Long-Term Liabilities	$3.184B	$3.531B	$2.524B	$1.804B	$18.00B	$11.33B	$9.572B	$6.920B	$7.099B	$8.711B	$8.380B	$6.558B	$360.0M	$302.0M	$420.0M	$810.0M	$786.0M	$1.245B	$1.672B	$1.116B	$15.00M	$1.000M
YoY Change	-9.82%	39.88%	39.92%	-89.98%	58.91%	18.31%	38.32%	-2.52%	-18.51%	3.95%	27.78%	1721.67%	19.21%	-28.1%	-48.15%	3.05%	-36.87%	-25.54%	49.82%	7340.0%	1400.0%
Total Liabilities	$5.822B	$4.474B	$3.317B	$2.354B	$21.28B	$13.56B	$11.08B	$8.104B	$8.176B	$9.722B	$9.418B	$6.838B	$597.0M	$306.0M	$426.0M	$814.0M	$790.0M	$1.251B	$1.690B	$1.495B	$111.0M	$77.00M
YoY Change	30.14%	34.86%	40.92%	-88.94%	56.94%	22.32%	36.77%	-0.88%	-15.9%	3.23%	37.73%	1045.39%	95.1%	-28.17%	-47.67%	3.04%	-36.85%	-25.98%	13.04%	1246.85%	44.16%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Basic Shares Outstanding	91.04M shares	377.3M shares	379.2M shares	371.0M shares	221.4M shares	127.2M shares	111.8M shares	109.6M shares	108.4M shares	87.87M shares	59.10M shares
Diluted Shares Outstanding	91.04M shares	377.3M shares	381.0M shares	371.0M shares	242.6M shares	147.5M shares	130.3M shares	109.6M shares	108.4M shares	87.87M shares	59.10M shares
Preferred Stock
Treasury Stock Shares

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Stock Price

Market Cap: $551.63 Million

About NEW YORK MORTGAGE TRUST INC

New York Mortgage Trust, Inc. is a real estate investment trust, which engages in the acquisition, investment, finance, and management of mortgage-related single-family and multi-family residential assets. The company is headquartered in New York City, New York and currently employs 79 full-time employees. The company went IPO on 2004-06-24. The firm is engaged in the business of acquiring, investing in, financing, and managing primarily mortgage-related single-family and multi-family residential assets. Its objective is to deliver long-term stable distributions to its stockholder. The Company’s investment portfolio includes credit sensitive single-family and multi-family assets, as well as more traditional types of fixed-income investments that provide coupon income, such as Agency residential mortgage-backed securities (RMBS). The Company’s 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; agency RMBS; non-agency RMBS; commercial mortgage-backed security (CMBS), and other mortgage, residential housing and credit-related assets and strategic investments in companies.

Industry: Real Estate Investment Trusts Peers: MFA FINANCIAL, INC. ANNALY CAPITAL MANAGEMENT INC Franklin BSP Realty Trust, Inc. Armour Residential REIT, Inc. BrightSpire Capital, Inc. Broadmark Realty Capital Inc. Ellington Financial Inc. KKR Real Estate Finance Trust Inc. PennyMac Mortgage Investment Trust REDWOOD TRUST INC