New York Mortgage Trust (NYMT)
(Delayed Data from NSDQ)
$6.49 USD
+0.06 (0.93%)
Updated Jul 12, 2024 04:00 PM ET
After-Market: $6.48 -0.01 (-0.15%) 7:58 PM ET
5-Strong Sell of 5 5
F Value F Growth D Momentum F VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
NYMT 6.49 +0.06(0.93%)
Will NYMT be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for NYMT based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NYMT
New York Mortgage Trust (NYMT) Reports Q4 Loss, Misses Revenue Estimates
DigitalBridge (DBRG) Q4 Earnings Lag Estimates
NYMT: What are Zacks experts saying now?
Zacks Private Portfolio Services
Ladder Capital (LADR) Q4 Earnings Top Estimates
Annaly Capital Management (NLY) Q4 Earnings Surpass Estimates
New York Mortgage Trust (NYMT) Surpasses Q3 Earnings and Revenue Estimates
Other News for NYMT
Fat Yields For Freedom
Cash Dividend On The Way From New York Mortgage Trust (NYMT)
Rithm Capital's Sector Comparative Analysis - Part 2 (Includes Q3 + Q4 2024 Dividend Projection)
NYMT Breaks Above 13% Yield Territory
New York Mortgage Trust, Inc. Announces Pricing of Public Offering of Senior Notes