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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.
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| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -340.11M | 190.93M | -287.26M | 172.48M | 103.74M |
| Minority interest | -42.04M | 4.72M | 0.27M | -0.84M | 1.91M |
| Net income | -340.65M | 193.20M | -288.24M | 173.74M | 102.89M |
| Selling general administrative | 93.33M | 48.91M | 42.23M | 36.37M | 28.23M |
| Gross profit | -375.19M | 237.66M | -207.48M | 221.91M | 146.47M |
| Reconciled depreciation | 126.82M | 51.39M | 14.74M | -55.63M | -29.34M |
| Ebit | -311.30M | 195.66M | -287.53M | 173.32M | 478.90M |
| Ebitda | -184.48M | 247.04M | -272.79M | 117.69M | 449.56M |
| Depreciation and amortization | 126.82M | 51.39M | 14.74M | -55.63M | -29.34M |
| Operating income | -311.30M | 195.66M | -287.53M | 173.32M | 478.90M |
| Other operating expenses | 348.56M | 22.24M | 29.89M | 48.59M | 352.00M |
| Interest expense | 129.42M | 83.25M | 223.07M | 566.75M | 377.07M |
| Tax provision | 0.54M | 2.46M | 0.98M | -0.42M | -1.06M |
| Interest income | 258.39M | 206.87M | 350.16M | 694.61M | 455.80M |
| Net interest income | 128.97M | 123.62M | 127.09M | 127.86M | 78.73M |
| Non recurring | - | - | 25.22M | -2.78M | 1.26M |
| Income tax expense | 0.54M | 2.46M | 0.98M | -0.42M | -1.06M |
| Total revenue | 8.46M | 266.51M | -207.48M | 221.91M | 142.14M |
| Total operating expenses | 348.56M | 22.24M | 29.89M | -48.59M | 352.00M |
| Cost of revenue | 383.65M | 28.85M | 207.48M | 567.99M | -4.33M |
| Total other income expense net | -28.80M | -4.72M | 0.27M | -0.84M | -375.16M |
| Net income from continuing ops | -340.65M | 188.48M | -288.24M | 172.90M | 104.80M |
| Net income applicable to common shares | -340.58M | 144.18M | -329.70M | 144.84M | 79.19M |
| Preferred stock and other adjustments | 41.97M | 49.02M | 41.19M | 28.90M | 23.70M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 7401.33M | 6240.74M | 5641.70M | 4655.59M | 23483.37M |
| Intangible assets | 2.38M | - | 1.39M | - | - |
| Other current assets | -413.83M | 1151.78M | 38.79M | 11.31M | 21164.03M |
| Total liab | 5773.20M | 4376.63M | 2511.18M | 1803.98M | 17995.66M |
| Total stockholder equity | 1579.61M | 1767.22M | 2341.03M | 2301.20M | 2205.73M |
| Other current liab | -2500.24M | -10.63M | 48.33M | - | -14535.74M |
| Common stock | 0.91M | 3.65M | 3.79M | 3.78M | 2.91M |
| Capital stock | 536.35M | 542.00M | 542.01M | 508.54M | 507.68M |
| Retained earnings | -1253.82M | -1052.77M | -559.34M | -551.27M | -148.86M |
| Other liab | - | 20.90M | 144.48M | 138.50M | 0.01M |
| Good will | - | - | - | 0.00M | 25.22M |
| Other assets | 2588.10M | 5543.71M | 4710.78M | 2653.86M | 18787.88M |
| Cash | 330.64M | 244.72M | 289.60M | 293.18M | 118.76M |
| Total current liabilities | 2494.77M | 97.38M | 137.90M | 405.53M | 3281.97M |
| Current deferred revenue | 5.47M | - | - | - | - |
| Net debt | 4945.62M | 2395.09M | 2221.58M | 1510.80M | 17876.90M |
| Short term debt | 2471.11M | 97.38M | 137.90M | - | 17817.71M |
| Short long term debt | - | - | - | - | 3005.41M |
| Short long term debt total | 5276.26M | 2639.81M | 2511.18M | 1803.98M | 17995.66M |
| Other stockholder equity | 2297.08M | 2279.95M | 2356.58M | 2342.93M | 1821.79M |
| Property plant equipment | - | 700.80M | 1017.58M | 60.63M | 9.30M |
| Total current assets | 2200.92M | 409.90M | 490.45M | 1017.91M | 2294.12M |
| Long term investments | 2160.93M | 179.75M | 440.48M | 259.10M | 15.88M |
| Net tangible assets | - | 1292.67M | 1802.81M | 1796.44M | 1675.75M |
| Short term investments | 2013.82M | 99.56M | 200.84M | 724.73M | 2006.14M |
| Net receivables | 83.19M | 74.78M | 3695.62M | 3212.76M | 169.21M |
| Long term debt | 2798.05M | 2639.81M | 2511.18M | 1803.98M | 17995.66M |
| Inventory | -6.51M | - | - | - | - |
| Accounts payable | 23.65M | 10.63M | - | - | 177.26M |
| Noncontrolling interest in consolidated entity | - | 33.09M | 24.36M | 6.37M | -0.70M |
| Accumulated other comprehensive income | -0.00M | -1.97M | 1.78M | 0.99M | 25.13M |
| Common stock total equity | - | 3.65M | 3.79M | 3.78M | 2.91M |
| Preferred stock total equity | - | 538.35M | 538.22M | 504.76M | 504.76M |
| Retained earnings total equity | - | -1052.77M | -559.34M | -551.27M | -148.86M |
| Non currrent assets other | -2180.91M | -287.14M | -440.48M | -983.82M | -2401.37M |
| Non current assets total | 2612.31M | 287.14M | 440.48M | 983.82M | 2401.37M |
| Capital lease obligations | 7.10M | 8.38M | - | - | - |
| Long term debt total | - | 2639.81M | 2511.18M | 1803.98M | 17995.66M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Investments | -531.06M | -306.30M | -122.91M | 1556.79M | 396.78M |
| Change to liabilities | - | 0.00M | 26.52M | -56.82M | 45.09M |
| Total cashflows from investing activities | - | -508.77M | -133.03M | 2117.88M | -769.07M |
| Net borrowings | - | -70.62M | 84.85M | -2791.30M | 922.63M |
| Total cash from financing activities | 1140.17M | 460.07M | 27.49M | -2045.76M | 746.43M |
| Change to operating activities | - | -28.73M | -3.70M | 9.26M | 3.57M |
| Net income | -48.66M | -340.65M | 188.48M | -288.24M | 172.90M |
| Change in cash | -50.30M | 43.08M | 33.37M | 182.88M | 12.47M |
| Begin period cash flow | 380.94M | 337.86M | 304.49M | 121.61M | 109.14M |
| End period cash flow | 330.64M | 380.94M | 337.86M | 304.49M | 121.61M |
| Total cash from operating activities | 30.05M | 91.78M | 138.91M | 110.75M | 35.10M |
| Issuance of capital stock | 0.00M | 72.17M | 210.74M | 511.92M | 1019.47M |
| Depreciation | 24.62M | 152.96M | 51.39M | 14.74M | -55.63M |
| Other cashflows from investing activities | - | 6.90M | 35.93M | 6.08M | 4.87M |
| Dividends paid | 170.69M | 193.16M | 194.85M | 146.56M | 188.01M |
| Change to account receivables | - | - | - | - | -41.52M |
| Sale purchase of stock | -11.05M | -44.40M | -183.45M | 511.92M | -45.56M |
| Other cashflows from financing activities | -361.97M | 1139.39M | 889.59M | -2052.45M | 1232.84M |
| Change to netincome | - | 335.91M | -42.75M | 421.91M | -87.61M |
| Capital expenditures | 50.48M | 209.37M | 486.84M | 0.21M | 0.13M |
| Cash flows other operating | - | 70.38M | -84.72M | 19.16M | -39.65M |
| Cash and cash equivalents changes | - | 43.08M | 33.37M | 182.88M | 12.47M |
| Change in working capital | -16.75M | -28.73M | -3.70M | 9.26M | 3.57M |
| Stock based compensation | 8.82M | 11.89M | 10.24M | 9.92M | 5.37M |
| Other non cash items | 120.09M | 296.31M | -117.10M | 308.22M | -68.48M |
| Free cash flow | -20.42M | -117.59M | -347.93M | 110.55M | 34.97M |
Sector: Real Estate Industry: REIT - Mortgage
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
|---|---|---|---|---|---|---|
| NLY Annaly Capital Management, Inc. |
-0.05 0.27% |
18.29 | 5.27 | 6.78 | 4.96 | 1.09 |
| NLY-PG Annaly Capital Management Inc |
-0.05 0.20% |
24.95 | 14.19 | - | 5.46 | - |
| NLY-PF Annaly Capital Management Inc |
0.01 0.04% |
25.37 | 14.25 | - | 5.42 | - |
| AGNC AGNC Investment Corp. |
-0.01 0.11% |
8.86 | 8.39 | 6.99 | 6.97 | 1.16 |
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.
| Name | Title | Year Born |
|---|---|---|
| Mr. Steven R. Mumma CPA | Exec. Chairman | 1959 |
| Mr. Jason T. Serrano | Pres, CEO & Director | 1975 |
| Ms. Kristine R. Nario-Eng Eng., CPA | CFO & Principal Accounting Officer | 1980 |
| Mr. Nathan R. Reese | COO & Sec. | 1979 |
| Mr. Stephen L. Hogue | Managing Director | 1967 |
| Mr. Steven B. Brannan | Managing Director | 1980 |
| Mr. Chris Cutter | Sr. VP of Product | 1983 |
| Mr. Nicholas Mah | Managing Director | NA |
| Emily Stiller | Controller | NA |
| Mr. Steven R. Mumma CPA | Executive Chairman | 1959 |
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