Loading...
•
Mar 31, 2025
NYMT Q1 2025 Earnings Report
New York Mortgage Trust reported its financial results for the first quarter ended March 31, 2025.
Key Takeaways
New York Mortgage Trust significantly increased investment activity in Q1 2025, leading to a substantial boost in earnings. The company reported recurring earnings consistent with its dividend, reflecting a successful strategic portfolio restructuring focused on enhancing interest income through highly liquid assets. This balance sheet strength is expected to provide flexibility for further earnings growth amidst market dislocation.
Net income attributable to common stockholders was $30.285 million, a significant improvement from a loss in the prior year.
Basic earnings per common share were $0.33, compared to a loss of $0.75 in the same period last year.
The company purchased approximately $1.5 billion of Agency RMBS with an average coupon of 5.35%.
The company purchased approximately $396.8 million in residential loans with an average gross coupon of 9.33%.
Revenue by Segment
Forward Guidance
The company anticipates continued growth in earnings throughout the year, leveraging its strengthened balance sheet and market dislocations to identify compelling investment opportunities.
Positive Outlook
- Increased investment activity is expected to continue boosting earnings.
- Recurring earnings have reached a level consistent with the company's dividend.
- Strategic portfolio restructuring has successfully enhanced interest income.
- Strong balance sheet provides flexibility to remain active during market dislocation.
- Compelling opportunities are expected to further grow earnings throughout the year.
Challenges Ahead
- No specific negative forward guidance was provided in the report.
- No specific negative forward guidance was provided in the report.
- No specific negative forward guidance was provided in the report.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...