New York Mortgage Trust Reports Fourth Quarter and Full Year 2020 Results
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New York Mortgage Trust (NYMT) Tops Q4 EPS by 13c
February 24, 2021 5:00 PM ESTNew York Mortgage Trust (NASDAQ: NYMT) reported Q4 EPS of $0.22, $0.13 better than the analyst estimate of $0.09.
Steven Mumma, Chairman and Chief Executive Officer, commented: "The Company had a solid fourth quarter, delivering $0.19 GAAP earnings per share and $0.22 in comprehensive earnings per share. As of December 31, 2020, the Companys book value per share was $4.71, up 3% from the prior quarter, resulting in an economic return of 5% for the quarter. During the fourth quarter, the Company was able to build on the positive momentum from the prior two quarters, executing longer term financing through a residential... More
