New York Mortgage Trust, Inc. Provides Financial Guidance for the Quarter Ended December 31, 2019
February 10, 2020 at 04:15 pm EST
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New York Mortgage Trust, Inc. provided financial guidance for the quarter ended December 31, 2019. For the quarter ended December 31, 2019, the Company estimated that, when finally determined, net income attributable to common stockholders will be in the range of $0.19 to $0.21 per share (basic) and $0.19 to $0.21 per share (diluted), and comprehensive income to common stockholders will be in the range of $0.20 to $0.22 per share.
New York Mortgage Trust, Inc. is a real estate investment trust (REIT). The Company is engaged in the business of acquiring, investing in, financing, and managing primarily mortgage-related single-family and multi-family residential assets. Its objective is to deliver long-term stable distributions to its stockholder. The Companyâs investment portfolio includes credit sensitive single-family and multi-family assets, as well as more traditional types of fixed-income investments that provide coupon income, such as Agency residential mortgage-backed securities (RMBS). The Companyâs investments include residential loans, including business purpose loans; structured multi-family property investments such as preferred equity in, and mezzanine loans to, owners of multi-family properties; agency RMBS; non-agency RMBS; commercial mortgage-backed security (CMBS), and other mortgage, residential housing and credit-related assets and strategic investments in companies.
NEW YORK MORTGAGE TRUST, INC. 
