|Bid||2.7300 x 40700|
|Ask||2.7800 x 47300|
|Day's range||2.5900 - 2.7800|
|52-week range||2.2400 - 4.5700|
|Beta (5Y monthly)||1.78|
|PE ratio (TTM)||58.94|
|Earnings date||03 Aug 2022 - 08 Aug 2022|
|Forward dividend & yield||0.40 (15.87%)|
|Ex-dividend date||24 Jun 2022|
|1y target est||4.13|
Now at this time, I would like to introduce Jason Serrano, CEO and president. After a turbulent period with Fed wrestling with inflation by taking an aggressive stance on rate increases, fixed income market suffered a significant setback, which drove our undepreciated book value down by 6%.
New York Mortgage Trust (NYMT) delivered earnings and revenue surprises of -162.50% and 6.53%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?