New York Mortgage Preferred Stock Fundamentals
| NYMTN Preferred Stock | USD 23.00 0.43 1.91% |
New York Mortgage fundamentals help investors to digest information that contributes to New York's financial success or failures. It also enables traders to predict the movement of New Preferred Stock. The fundamental analysis module provides a way to measure New York's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to New York preferred stock.
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New York Mortgage Company Price To Earning Analysis
New York's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current New York Price To Earning | 356.06 X |
Most of New York's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, New York Mortgage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, New York Mortgage has a Price To Earning of 356 times. This is much higher than that of the Real Estate sector and significantly higher than that of the REIT—Mortgage industry. The price to earning for all United States preferred stocks is notably lower than that of the firm.
New York Mortgage Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New York's current stock value. Our valuation model uses many indicators to compare New York value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New York competition to find correlations between indicators driving New York's intrinsic value. More Info.New York Mortgage is considered to be number one stock in price to earning category among its peers. It also is considered to be number one stock in price to sales category among its peers fabricating about 0.21 of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for New York Mortgage is roughly 4.72 . Comparative valuation analysis is a catch-all model that can be used if you cannot value New York by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for New York's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.New Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New York's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of New York could also be used in its relative valuation, which is a method of valuing New York by comparing valuation metrics of similar companies.New York is currently under evaluation in price to earning category among its peers.
New York ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, New York's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to New York's managers, analysts, and investors.Environmental | Governance | Social |
New Fundamentals
| Return On Equity | -0.12 | ||||
| Return On Asset | -0.0449 | ||||
| Operating Margin | 46.63 % | ||||
| Current Valuation | 12.33 B | ||||
| Shares Outstanding | 141.22 M | ||||
| Shares Owned By Institutions | 23.29 % | ||||
| Number Of Shares Shorted | 30.47 K | ||||
| Price To Earning | 356.06 X | ||||
| Price To Sales | 75.39 X | ||||
| Revenue | 261.46 M | ||||
| Gross Profit | 236.29 M | ||||
| EBITDA | 330.29 M | ||||
| Net Income | 193.2 M | ||||
| Cash And Equivalents | 407.1 M | ||||
| Cash Per Share | 1.08 X | ||||
| Total Debt | 2.51 B | ||||
| Debt To Equity | 2.27 % | ||||
| Current Ratio | 52.15 X | ||||
| Book Value Per Share | 3.70 X | ||||
| Cash Flow From Operations | 138.91 M | ||||
| Short Ratio | 3.18 X | ||||
| Earnings Per Share | 0.05 X | ||||
| Number Of Employees | 75 | ||||
| Beta | 1.81 | ||||
| Market Capitalization | 1.11 B | ||||
| Total Asset | 5.64 B | ||||
| Annual Yield | 0.09 % | ||||
| Net Asset | 5.64 B | ||||
| Last Dividend Paid | 0.4 |
About New York Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New York Mortgage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New York using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New York Mortgage based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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 was incorporated in 2003 and is headquartered in New York, New York. New York operates under REITMortgage classification in the United States and is traded on NASDAQ Exchange. It employs 70 people.
Pair Trading with New York
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if New York position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in New York will appreciate offsetting losses from the drop in the long position's value.Moving together with New Preferred Stock
| 0.91 | MITT-PA | AG Mortgage Investment | PairCorr |
| 0.89 | MITT-PB | AG Mortgage Investment | PairCorr |
| 0.78 | NREF-PA | NexPoint Real Estate | PairCorr |
Moving against New Preferred Stock
The ability to find closely correlated positions to New York could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New York when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back New York - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling New York Mortgage to buy it.
The correlation of New York is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as New York moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New York Mortgage moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for New York can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in New Preferred Stock
New York financial ratios help investors to determine whether New Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in New with respect to the benefits of owning New York security.