02-05-2025
JonesTrading Sticks to Their Buy Rating for New York Mortgage (NYMT)
JonesTrading analyst Jason Weaver reiterated a Buy rating on New York Mortgage (NYMT – Research Report) today and set a price target of $7.50. The company's shares closed today at $6.35.
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Weaver covers the Real Estate sector, focusing on stocks such as ARMOUR Residential REIT, Seven Hills Realty Trust, and New York Mortgage. According to TipRanks, Weaver has an average return of -11.1% and a 29.82% success rate on recommended stocks.
Currently, the analyst consensus on New York Mortgage is a Moderate Buy with an average price target of $7.17.
The company has a one-year high of $7.11 and a one-year low of $5.02. Currently, New York Mortgage has an average volume of 775.1K.
