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New York Mortgage upgraded to Equal Weight on stabilization at Barclays » 06:02
05/27/20
05/27
06:02
05/27/20
06:02
NYMT

New York Mortgage

$2.14 /

+0.145 (+7.27%)

Barclays analyst Mark…

Barclays analyst Mark DeVries upgraded New York Mortgage Trust to Equal Weight from Underweight with a price target of $2.50, up from $2. The company has improved its liquidity position substantially and stabilized its book value, DeVries tells investors in a research note. New York Mortgage now trades at 0.55 times Q1 book value, the cheapest in the space, adds the analyst.

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NYMT New York Mortgage
$2.14 /

+0.145 (+7.27%)

NYMT New York Mortgage
$2.14 /

+0.145 (+7.27%)

05/27/20 Barclays
New York Mortgage upgraded to Equal Weight from Underweight at Barclays
04/24/20 Credit Suisse
New York Mortgage upgraded to Neutral from Underperform at Credit Suisse
04/24/20 Credit Suisse
New York Mortgage upgraded to Neutral from Underperform at Credit Suisse
03/25/20 Maxim
AGNC Investment, New York Mortgage Trust cut to Hold at Maxim
NYMT New York Mortgage
$2.14 /

+0.145 (+7.27%)

NYMT New York Mortgage
$2.14 /

+0.145 (+7.27%)

NYMT New York Mortgage
$2.14 /

+0.145 (+7.27%)

Upgrade
New York Mortgage upgraded to Equal Weight from Underweight at Barclays » 05:36
05/27/20
05/27
05:36
05/27/20
05:36
NYMT

New York Mortgage

$2.14 /

+0.145 (+7.27%)

Barclays analyst Mark…

Barclays analyst Mark DeVries upgraded New York Mortgage Trust to Equal Weight from Underweight with a $2.50 price target.

ShowHide Related Items >><<
NYMT New York Mortgage
$2.14 /

+0.145 (+7.27%)

NYMT New York Mortgage
$2.14 /

+0.145 (+7.27%)

04/24/20 Credit Suisse
New York Mortgage upgraded to Neutral from Underperform at Credit Suisse
04/24/20 Credit Suisse
New York Mortgage upgraded to Neutral from Underperform at Credit Suisse
03/25/20 Maxim
AGNC Investment, New York Mortgage Trust cut to Hold at Maxim
03/25/20 Maxim
New York Mortgage downgraded to Hold from Buy at Maxim
NYMT New York Mortgage
$2.14 /

+0.145 (+7.27%)

NYMT New York Mortgage
$2.14 /

+0.145 (+7.27%)

NYMT New York Mortgage
$2.14 /

+0.145 (+7.27%)

On The Fly
Fly Intel: After-Hours Movers » 19:01
05/21/20
05/21
19:01
05/21/20
19:01
PANW

Palo Alto Networks

$229.36 /

-4.89 (-2.09%)

, RAMP

LiveRamp

$38.70 /

-0.16 (-0.41%)

, CRMT

America's Car-Mart

$73.77 /

+2.825 (+3.98%)

, ELF

e.l.f. Beauty

$14.56 /

+0.34 (+2.39%)

, A

Agilent

$80.84 /

-0.83 (-1.02%)

, SPLK

Splunk

$163.27 /

+0.11 (+0.07%)

, DECK

Deckers Brands

$167.93 /

+5.83 (+3.60%)

, PRSP

Perspecta

$22.93 /

-0.4 (-1.71%)

, PLUS

ePlus

$76.14 /

+4.14 (+5.75%)

, NAVB

Navidea

$1.32 /

+0.06 (+4.76%)

, USFD

US Foods

$18.56 /

-0.24 (-1.28%)

, NYMT

New York Mortgage

$2.04 /

+0.105 (+5.43%)

, AGYS

Agilysys

$20.11 /

+0.79 (+4.09%)

, HPE

HP Enterprise

$10.35 /

+0.07 (+0.68%)

, LGF.A

Lionsgate

$8.61 /

+0.13 (+1.53%)

, ROST

Ross Stores

$97.01 /

+6.1 (+6.71%)

, INTU

Intuit

$290.30 /

-0.4 (-0.14%)

, CHUY

Chuy's

$16.13 /

+0.09 (+0.56%)

, NVDA

Nvidia

$351.01 /

-7.78 (-2.17%)

, SNDX

Syndax

$20.51 /

+0.34 (+1.69%)

, GERN

Geron

$1.95 /

+0.06 (+3.17%)

, CFRX

ContraFect

$5.38 /

-0.22 (-3.93%)

, DSS

Document Security

$8.50 /

+0.22 (+2.66%)

, H

Hyatt

$53.45 /

-0.49 (-0.91%)

Check out this evening's…

Open Full Text

ShowHide Related Items >><<
USFD US Foods
$18.56 /

-0.24 (-1.28%)

SPLK Splunk
$163.27 /

+0.11 (+0.07%)

SNDX Syndax
$20.51 /

+0.34 (+1.69%)

ROST Ross Stores
$97.01 /

+6.1 (+6.71%)

RAMP LiveRamp
$38.70 /

-0.16 (-0.41%)

PRSP Perspecta
$22.93 /

-0.4 (-1.71%)

PLUS ePlus
$76.14 /

+4.14 (+5.75%)

PANW Palo Alto Networks
$229.36 /

-4.89 (-2.09%)

NYMT New York Mortgage
$2.04 /

+0.105 (+5.43%)

NVDA Nvidia
$351.01 /

-7.78 (-2.17%)

NAVB Navidea
$1.32 /

+0.06 (+4.76%)

LGF.A Lionsgate
$8.61 /

+0.13 (+1.53%)

INTU Intuit
$290.30 /

-0.4 (-0.14%)

HPE HP Enterprise
$10.35 /

+0.07 (+0.68%)

H Hyatt
$53.45 /

-0.49 (-0.91%)

GERN Geron
$1.95 /

+0.06 (+3.17%)

ELF e.l.f. Beauty
$14.56 /

+0.34 (+2.39%)

DSS Document Security
$8.50 /

+0.22 (+2.66%)

DECK Deckers Brands
$167.93 /

+5.83 (+3.60%)

CRMT America's Car-Mart
$73.77 /

+2.825 (+3.98%)

CHUY Chuy's
$16.13 /

+0.09 (+0.56%)

CFRX ContraFect
$5.38 /

-0.22 (-3.93%)

AGYS Agilysys
$20.11 /

+0.79 (+4.09%)

A Agilent
$80.84 /

-0.83 (-1.02%)

PANW Palo Alto Networks
$229.36 /

-4.89 (-2.09%)

05/20/20 Wells Fargo
Palo Alto Networks price target raised to $250 from $225 at Wells Fargo
05/20/20 Monness Crespi
Palo Alto Networks price target raised to $255 from $210 at Monness Crespi
05/19/20
Dougherty sees Palo Alto set up for rebound, upgrades to Buy
05/19/20
Palo Alto Networks upgraded to Buy from Neutral at Dougherty
RAMP LiveRamp
$38.70 /

-0.16 (-0.41%)

04/27/20 Needham
LiveRamp price target lowered to $57 from $70 at Needham
04/21/20 Berenberg
LiveRamp initiated with a Buy at Berenberg
03/13/20 Stephens
LiveRamp weakness creates 'real opportunity,' says Stephens
01/26/20 First Analysis
First Analysis sees continued top-line momentum in 2020 for LiveRamp
CRMT America's Car-Mart
$73.77 /

+2.825 (+3.98%)

03/27/20 Stephens
America's Car-Mart upgraded to Overweight from Equal Weight at Stephens
02/13/20 Janney Montgomery Scott
America's Car-Mart downgraded to Neutral from Buy at Janney Montgomery Scott
ELF e.l.f. Beauty
$14.56 /

+0.34 (+2.39%)

04/08/20 Piper Sandler
Piper lays out winners and losers in survey of 5,200 teens
03/18/20 DA Davidson
e.l.f. Beauty price target lowered to $12 from $24.50 at DA Davidson
02/06/20 Piper Sandler
e.l.f. Beauty price target raised to $23 from $19 at Piper Sandler
02/04/20
Fly Intel: Top five analyst upgrades
A Agilent
$80.84 /

-0.83 (-1.02%)

03/30/20 Wells Fargo
Agilent price target lowered to $82 from $100 at Wells Fargo
02/24/20 Needham
Agilent downgraded to Hold from Buy at Needham
02/24/20 Needham
Agilent downgraded to Hold from Buy at Needham
02/19/20 Piper Sandler
Agilent price target raised to $96 from $86 at Piper Sandler
SPLK Splunk
$163.27 /

+0.11 (+0.07%)

05/14/20 Cleveland Research
Splunk estimates at risk amid enterprise weakness, says Cleveland Research
04/27/20 Needham
Splunk price target lowered to $168 from $181 at Needham
04/24/20 Cowen
Splunk downgraded to Market Perform at Cowen
04/24/20 Cowen
Splunk downgraded to Market Perform from Outperform at Cowen
DECK Deckers Brands
$167.93 /

+5.83 (+3.60%)

05/18/20 Wedbush
Deckers Brands price target raised to $155 from $145 at Wedbush
05/15/20 Pivotal Research
Deckers Brands price target lowered to $165 from $217 at Pivotal Research
05/14/20 Wells Fargo
Wells Fargo downgrades Steven Madden to Underweight on brand weakness
04/28/20 BTIG
Deckers Brands initiated with a Buy at BTIG
PRSP Perspecta
$22.93 /

-0.4 (-1.71%)

04/02/20 Wells Fargo
Perspecta price target lowered to $18.50 from $26 at Wells Fargo
03/30/20 William Blair
Perspecta initiated with a Market Perform at William Blair
03/25/20 Wells Fargo
Good news for government contractors in COVID -19 bill, says Wells Fargo
02/25/20 Morgan Stanley
Morgan Stanley upgrades Perspecta to Equal Weight on overhang removal
PLUS ePlus
$76.14 /

+4.14 (+5.75%)

02/11/20 Berenberg
ePlus upgraded to Buy from Hold at Berenberg
02/06/20 Sidoti
ePlus upgraded to Buy after earnings at Sidoti
02/06/20 Sidoti
ePlus upgraded to Buy from Neutral at Sidoti
11/14/19 Sidoti
ePlus downgraded to Neutral from Buy at Sidoti
NAVB Navidea
$1.32 /

+0.06 (+4.76%)

11/22/19 H.C. Wainwright
Navidea initiated with a Buy at H.C. Wainwright
07/11/19
Fly Intel: Top five analyst initiations
07/11/19 Maxim
Navidea initiated with a Buy at Maxim
07/11/19 Maxim
Navidea initiated with a Buy at Maxim
USFD US Foods
$18.56 /

-0.24 (-1.28%)

05/18/20 Guggenheim
US Foods price target lowered to $30 from $50 at Guggenheim
04/27/20 Credit Suisse
US Foods price target lowered to $27 from $47 at Credit Suisse
04/23/20 BMO Capital
US Foods downgraded to Market Perform from Outperform at BMO Capital
04/06/20 JPMorgan
US Foods price target lowered to $24 from $45 at JPMorgan
NYMT New York Mortgage
$2.04 /

+0.105 (+5.43%)

04/24/20 Credit Suisse
New York Mortgage upgraded to Neutral from Underperform at Credit Suisse
04/24/20 Credit Suisse
New York Mortgage upgraded to Neutral from Underperform at Credit Suisse
03/25/20 Maxim
AGNC Investment, New York Mortgage Trust cut to Hold at Maxim
03/25/20 Maxim
New York Mortgage downgraded to Hold from Buy at Maxim
AGYS Agilysys
$20.11 /

+0.79 (+4.09%)

04/16/20 BTIG
Agilysys initiated with a Neutral at BTIG
03/16/20 Craig-Hallum
Agilysys price target lowered to $27 from $40 at Craig-Hallum
01/29/20 Craig-Hallum
Agilysys price target raised to $40 from $32 at Craig-Hallum
12/03/19 Craig-Hallum
Agilysys initiated with a Buy at Craig-Hallum
HPE HP Enterprise
$10.35 /

+0.07 (+0.68%)

05/19/20 Barclays
Barclays lowers estimates in IT hardware after April survey
04/27/20 Loop Capital
Xerox, Park City, NetApp, HP Enterprise cut to Hold from Buy at Loop Capital
04/27/20 Loop Capital
HP Enterprise downgraded to Hold from Buy at Loop Capital
04/22/20
Fly Intel: Top five analyst initiations
LGF.A Lionsgate
$8.61 /

+0.13 (+1.53%)

04/27/20 RBC Capital
Lionsgate initiated with a Sector Perform at RBC Capital
04/22/20 Deutsche Bank
Lionsgate price target lowered to $10 from $22 at Deutsche Bank
04/21/20 JPMorgan
Lionsgate price target lowered to $11 from $14 at JPMorgan
03/23/20
Lionsgate participates in a conference call with SunTrust
ROST Ross Stores
$97.01 /

+6.1 (+6.71%)

05/19/20 Jefferies
TJX to benefit from 'biggest liquidation sale in history,' says Jefferies
05/11/20 Nomura Instinet
Ross Stores price target raised to $100 from $80 at Nomura Instinet
04/28/20 DA Davidson
Ross Stores upgraded to Buy from Neutral at DA Davidson
04/28/20 DA Davidson
Ross Stores upgraded to Buy from Neutral at DA Davidson
INTU Intuit
$290.30 /

-0.4 (-0.14%)

05/19/20 KeyBanc
Intuit price target raised to $315 from $285 at KeyBanc
05/05/20 KeyBanc
Intuit price target raised to $285 from $275 at KeyBanc
04/17/20 RBC Capital
Intuit lowered to $280 from $345 at RBC Capital
04/13/20 Jefferies
Jefferies continues to like Intuit after approval for small business lending
CHUY Chuy's
$16.13 /

+0.09 (+0.56%)

04/23/20 BMO Capital
Chuy's upgraded to Market Perform from Underperform at BMO Capital
04/20/20 Raymond James
Chuy's price target raised to $17 from $14 at Raymond James
04/08/20 Wedbush
Chuy's price target lowered to $17 from $26 at Wedbush
04/02/20 Raymond James
Chuy's upgraded to Outperform from Market Perform at Raymond James
NVDA Nvidia
$351.01 /

-7.78 (-2.17%)

05/21/20 Credit Suisse
Nvidia reinstated with an Outperform at Credit Suisse
05/19/20 RBC Capital
Nvidia price target raised to $385 from $350 at RBC Capital
05/19/20 Susquehanna
Nvidia price target raised to $410 from $355 at Susquehanna
05/18/20
Fly Intel: Top five analyst upgrades
SNDX Syndax
$20.51 /

+0.34 (+1.69%)

05/18/20 Citi
Syndax downgraded to Neutral from Buy at Citi
05/11/20 H.C. Wainwright
Syndax price target raised to $25 from $19 at H.C. Wainwright
05/08/20 Nomura Instinet
Syndax price target raised to $31 from $16 at Nomura Instinet
05/04/20 Baird
Syndax risk/reward solid following positive clinical data, says Baird
GERN Geron
$1.95 /

+0.06 (+3.17%)

11/19/19 B. Riley FBR
B. Riley FBR resumes Geron with Buy rating, $4 price target
11/19/19 B. Riley FBR
Geron resumed with a Buy at B. Riley FBR
09/03/19 H.C. Wainwright
Geron initiated with a Buy at H.C. Wainwright
08/15/19 Cantor Fitzgerald
Geron initiated with an Overweight at Cantor Fitzgerald
CFRX ContraFect
$5.38 /

-0.22 (-3.93%)

10/02/19 Piper Sandler
Piper says design differentiates ContraFect trial from other antibiotic studies
06/11/19 Maxim
ContraFect initiated with a Buy at Maxim
DSS Document Security
$8.50 /

+0.22 (+2.66%)

10/10/19 Aegis
Document Security initiated with a Buy rating at Aegis
H Hyatt
$53.45 /

-0.49 (-0.91%)

05/08/20
Fly Intel: Top five analyst downgrades
05/08/20 Deutsche Bank
Hyatt price target lowered to $54 from $86 at Deutsche Bank
05/08/20 Macquarie
Hyatt downgraded to Neutral from Outperform at Macquarie
04/22/20 BofA
Choice Hotels upgraded to Neutral from Underperform at Bofa
USFD US Foods
$18.56 /

-0.24 (-1.28%)

SPLK Splunk
$163.27 /

+0.11 (+0.07%)

SNDX Syndax
$20.51 /

+0.34 (+1.69%)

ROST Ross Stores
$97.01 /

+6.1 (+6.71%)

RAMP LiveRamp
$38.70 /

-0.16 (-0.41%)

PRSP Perspecta
$22.93 /

-0.4 (-1.71%)

PLUS ePlus
$76.14 /

+4.14 (+5.75%)

PANW Palo Alto Networks
$229.36 /

-4.89 (-2.09%)

NYMT New York Mortgage
$2.04 /

+0.105 (+5.43%)

NVDA Nvidia
$351.01 /

-7.78 (-2.17%)

LGF.A Lionsgate
$8.61 /

+0.13 (+1.53%)

INTU Intuit
$290.30 /

-0.4 (-0.14%)

HPE HP Enterprise
$10.35 /

+0.07 (+0.68%)

H Hyatt
$53.45 /

-0.49 (-0.91%)

GERN Geron
$1.95 /

+0.06 (+3.17%)

ELF e.l.f. Beauty
$14.56 /

+0.34 (+2.39%)

DSS Document Security
$8.50 /

+0.22 (+2.66%)

DECK Deckers Brands
$167.93 /

+5.83 (+3.60%)

CRMT America's Car-Mart
$73.77 /

+2.825 (+3.98%)

CHUY Chuy's
$16.13 /

+0.09 (+0.56%)

CFRX ContraFect
$5.38 /

-0.22 (-3.93%)

AGYS Agilysys
$20.11 /

+0.79 (+4.09%)

A Agilent
$80.84 /

-0.83 (-1.02%)

  • 22
    May
  • 22
    May
  • 22
    May
ROST Ross Stores
$97.01 /

+6.1 (+6.71%)

PANW Palo Alto Networks
$229.36 /

-4.89 (-2.09%)

NVDA Nvidia
$351.01 /

-7.78 (-2.17%)

LGF.A Lionsgate
$8.61 /

+0.13 (+1.53%)

INTU Intuit
$290.30 /

-0.4 (-0.14%)

HPE HP Enterprise
$10.35 /

+0.07 (+0.68%)

H Hyatt
$53.45 /

-0.49 (-0.91%)

A Agilent
$80.84 /

-0.83 (-1.02%)

USFD US Foods
$18.56 /

-0.24 (-1.28%)

SPLK Splunk
$163.27 /

+0.11 (+0.07%)

SNDX Syndax
$20.51 /

+0.34 (+1.69%)

RAMP LiveRamp
$38.70 /

-0.16 (-0.41%)

PRSP Perspecta
$22.93 /

-0.4 (-1.71%)

PANW Palo Alto Networks
$229.36 /

-4.89 (-2.09%)

NYMT New York Mortgage
$2.04 /

+0.105 (+5.43%)

NVDA Nvidia
$351.01 /

-7.78 (-2.17%)

LGF.A Lionsgate
$8.61 /

+0.13 (+1.53%)

INTU Intuit
$290.30 /

-0.4 (-0.14%)

HPE HP Enterprise
$10.35 /

+0.07 (+0.68%)

H Hyatt
$53.45 /

-0.49 (-0.91%)

ELF e.l.f. Beauty
$14.56 /

+0.34 (+2.39%)

DECK Deckers Brands
$167.93 /

+5.83 (+3.60%)

CHUY Chuy's
$16.13 /

+0.09 (+0.56%)

A Agilent
$80.84 /

-0.83 (-1.02%)

SPLK Splunk
$163.27 /

+0.11 (+0.07%)

ROST Ross Stores
$97.01 /

+6.1 (+6.71%)

PANW Palo Alto Networks
$229.36 /

-4.89 (-2.09%)

NYMT New York Mortgage
$2.04 /

+0.105 (+5.43%)

NVDA Nvidia
$351.01 /

-7.78 (-2.17%)

INTU Intuit
$290.30 /

-0.4 (-0.14%)

HPE HP Enterprise
$10.35 /

+0.07 (+0.68%)

H Hyatt
$53.45 /

-0.49 (-0.91%)

A Agilent
$80.84 /

-0.83 (-1.02%)

Earnings
New York Mortgage reports Q1 EPS ($1.71), consensus 13c » 16:09
05/21/20
05/21
16:09
05/21/20
16:09
NYMT

New York Mortgage

$2.03 /

+0.09 (+4.65%)

Steven Mumma, Chairman…

Steven Mumma, Chairman and Chief Executive Officer, commented: "The global COVID-19 pandemic led to unprecedented market conditions late in the first quarter. As a result, we took decisive action in the latter half of March to improve our liquidity and reduce our exposure to mark-to-market financing counterparties, selling $2.0 billion in assets and reducing our repurchase agreement financings by $1.7 billion from year end-levels. We finished the quarter with $173 million in cash liquidity and a portfolio leverage ratio of 0.7 times. These actions to improve our liquidity did come at a significant cost, as the Company had its worst quarter in its history, seeing its book value drop by 33% and temporarily suspending its quarterly dividends. We believe these actions have better positioned the Company to weather the ongoing economic storm caused by the pandemic and to recover some of the $300 million of net unrealized losses on our balance sheet and deliver the results our stockholders expect." Jason Serrano, President, commented: "Today, with approximately $200 million of unrestricted cash, $1.5 billion of unencumbered investment portfolio and a market leading low leverage ratio under 1 times, we are positioned to take advantage of an extremely dislocated investment landscape, while also finalizing term financing initiatives to further reduce our mark-to-market exposure."

ShowHide Related Items >><<
NYMT New York Mortgage
$2.03 /

+0.09 (+4.65%)

NYMT New York Mortgage
$2.03 /

+0.09 (+4.65%)

04/24/20 Credit Suisse
New York Mortgage upgraded to Neutral from Underperform at Credit Suisse
04/24/20 Credit Suisse
New York Mortgage upgraded to Neutral from Underperform at Credit Suisse
03/25/20 Maxim
AGNC Investment, New York Mortgage Trust cut to Hold at Maxim
03/25/20 Maxim
New York Mortgage downgraded to Hold from Buy at Maxim
NYMT New York Mortgage
$2.03 /

+0.09 (+4.65%)

NYMT New York Mortgage
$2.03 /

+0.09 (+4.65%)

NYMT New York Mortgage
$2.03 /

+0.09 (+4.65%)

Upgrade
New York Mortgage upgraded to Neutral from Underperform at Credit Suisse » 06:12
04/24/20
04/24
06:12
04/24/20
06:12
NYMT

New York Mortgage

$2.02 /

-0.03 (-1.46%)

Credit Suisse analyst…

Credit Suisse analyst Douglas Harter upgraded New York Mortgage to Neutral from Underperform with a price target of $2.50, up from $2.00. In a research note to investors, Harter says he does not see additional downside potential with the shares trading at 45% of Q1 book value and company having satisfied its margin call requirements. Harter says that New York Mortgage reduced its repo leverage by 65% during Q1 and currently has leverage of 0.7x with $1.1B of unencumbered assets, which reduce its funding risk going forward. He thinks the risk/reward is more balanced at current levels.

ShowHide Related Items >><<
NYMT New York Mortgage
$2.02 /

-0.03 (-1.46%)

04/24/20 Credit Suisse
New York Mortgage upgraded to Neutral from Underperform at Credit Suisse
03/25/20 Maxim
AGNC Investment, New York Mortgage Trust cut to Hold at Maxim
03/25/20 Maxim
New York Mortgage downgraded to Hold from Buy at Maxim
02/21/20
Fly Intel: Top five analyst initiations
Upgrade
New York Mortgage upgraded to Neutral from Underperform at Credit Suisse » 05:19
04/24/20
04/24
05:19
04/24/20
05:19
NYMT

New York Mortgage

$2.02 /

-0.03 (-1.46%)

Credit Suisse analyst…

Credit Suisse analyst Douglas Harter upgraded New York Mortgage Trust to Neutral from Underperform with a $2.50 price target.

ShowHide Related Items >><<
NYMT New York Mortgage
$2.02 /

-0.03 (-1.46%)

03/25/20 Maxim
AGNC Investment, New York Mortgage Trust cut to Hold at Maxim
03/25/20 Maxim
New York Mortgage downgraded to Hold from Buy at Maxim
02/21/20
Fly Intel: Top five analyst initiations
02/21/20 BofA
New York Mortgage Trust initiated with a Neutral at BofA
Over a quarter ago
Hot Stocks
New York Mortgage 'made significant progress in strengthening liquidity' » 17:20
04/07/20
04/07
17:20
04/07/20
17:20
NYMT

New York Mortgage

$1.34 /

+0.145 (+12.18%)

New York Mortgage Trust…

New York Mortgage Trust announced the following updates with respect to its business. "The Company continues to navigate the difficult financial and economic environment resulting from the global pandemic of the COVID-19 virus," said Steven R. Mumma, the Company's Chairman and Chief Executive Officer. "Since March 30, the date of the Company's last market update, the Company has made significant progress in strengthening its liquidity position. Due to this progress and certain of the portfolio management decisions noted below, the Company is current with its repurchase agreement payment obligations, including margin requirements, and is no longer in a position to need forbearance agreements from its repurchase agreement financing counterparties." The Company announced the following updates as of the close of business on April 7, 2020: The Company has reduced its outstanding repurchase agreement financing with respect to mortgage-backed securities to approximately $150 million with one counterparty. The continued reduction in the Company's MBS repurchase agreement financing exposure was achieved through a combination of the sale of $291 million in MBS since March 27, 2020 and a $250 million increase in repurchase agreement financing with respect to the Company's residential mortgage loan portfolio. The increased financing is collateralized by previously unencumbered residential mortgage loans. The reduction in the Company's repurchase agreement financing for MBS significantly lowers the Company's MBS mark-to-market financing exposure, which was a primary factor in the reduction of liquidity to mortgage REITs in recent weeks.

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NYMT New York Mortgage
$1.34 /

+0.145 (+12.18%)

03/25/20 Maxim
AGNC Investment, New York Mortgage Trust cut to Hold at Maxim
03/25/20 Maxim
New York Mortgage downgraded to Hold from Buy at Maxim
02/21/20
Fly Intel: Top five analyst initiations
02/21/20 BofA
New York Mortgage Trust initiated with a Neutral at BofA
Hot Stocks
New York Mortgage says 'exploring additional financing options' » 06:48
03/30/20
03/30
06:48
03/30/20
06:48
NYMT

New York Mortgage

$1.89 /

+0.075 (+4.13%)

New York Mortgage Trust…

New York Mortgage Trust previously announced on March 23, 2020 that, in response to the turmoil in the financial markets resulting from the global pandemic of the COVID-19 virus, the company is engaging in discussions with its repurchase agreement financing counterparties with regard to entering into forbearance agreements pursuant to which each counterparty would agree to forbear from exercising its rights and remedies with respect to an event of default under the applicable financing arrangement for an agreed-upon period. As of March 27, 2020, each of the Company's repurchase agreement counterparties is continuing to engage in these discussions with the Company. The Company is also exploring additional financing options. The company cannot predict whether its financing counterparties will enter into forbearance agreements, the timing of any such agreements, or the terms thereof, nor can the Company predict whether it will receive additional notices of events or alleged events of default under its repurchase agreement financing arrangements or other financing arrangements or the availability of other financing options. The Company also announced that in an effort to manage the Company's portfolio through this unprecedented turmoil in the financial markets and improve its liquidity, since March 16, 2020, the Company has sold mortgage-backed securities receiving proceeds of approximately $1.7 billion and has reduced its outstanding repurchase agreement financing by $1.6 billion since December 31, 2019. In addition, based on information available to the Company as of March 27, 2020, the Company estimates that its book value per common share as of the quarter ending March 31, 2020 will decline by approximately 33% from book value per common share as of December 31, 2019. The Company cautions that persons should not place undue reliance on the Company's preliminary estimate of book value per common share as of the quarter ending March 31, 2020 because it may prove to be materially inaccurate. The preliminary estimate has not been compiled or examined by the Company's independent auditors, and is subject to revision upon completion of the Company's internal closing process and normal review and the preparation of its unaudited consolidated financial statements as of and for the quarter ending March 31, 2020, including all disclosures required by U.S. generally accepted accounting principles, and as the Company's independent auditors conduct their review of the Company's financial statements. Additionally, the Company's preliminary estimate is based solely on information available to it as of March 27, 2020. There can be no assurance that the Company's estimated book value per common share as of the quarter ending March 31, 2020 is indicative of what the Company's results are likely to be for the quarter ending March 31, 2020 or in future periods, and the Company undertakes no obligation to update or revise its estimated book value per common share prior to issuance of financial statements for such periods. While the Company believes that such preliminary estimate is based on reasonable assumptions and information available to it as of March 27, 2020, actual results may vary, and such variations may be material. Furthermore, the extreme volatility and turmoil that currently riles the financial markets makes estimates of asset values even less reliable than usual.

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NYMT New York Mortgage
$1.89 /

+0.075 (+4.13%)

03/25/20 Maxim
AGNC Investment, New York Mortgage Trust cut to Hold at Maxim
03/25/20 Maxim
New York Mortgage downgraded to Hold from Buy at Maxim
02/21/20
Fly Intel: Top five analyst initiations
02/21/20 BofA
New York Mortgage Trust initiated with a Neutral at BofA
Options
Unusual call flow in option market yesterday » 07:35
03/27/20
03/27
07:35
03/27/20
07:35
GE

General Electric

$8.04 /

+0.48 (+6.35%)

, BA

Boeing

$180.16 /

+21.47 (+13.53%)

, TLRY

Tilray

$7.87 /

+2.84 (+56.46%)

, NYMT

New York Mortgage

$1.82 /

+0.585 (+47.56%)

Notable call activity was…

Notable call activity was cited Thursday in General Electric (GE), Boeing (BA), Tilray (TLRY), and New York Mortgage (NYMT).

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GE General Electric
$8.04 /

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03/05/20 Cowen
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BA Boeing
$180.16 /

+21.47 (+13.53%)

03/27/20 Argus
Argus sees value in Boeing after selloff, upgrades shares to Buy
03/27/20 Argus
Boeing upgraded to Buy from Hold at Argus
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Boeing price target lowered to $187 from $367 at Credit Suisse
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Boeing's 50% two-day rally due in part to short covering, says JPMorgan
TLRY Tilray
$7.87 /

+2.84 (+56.46%)

03/23/20 Roth Capital
Tilray price target lowered to $4 from $15 at Roth Capital
03/19/20 BofA
Tilray downgraded to Underperform from Neutral at BofA
03/16/20 Cantor Fitzgerald
Tilray price target lowered to $4.90 from $17.50 at Cantor Fitzgerald
03/04/20 GLJ Research
Tilray price target lowered to $0 from $5 at GLJ Research
NYMT New York Mortgage
$1.82 /

+0.585 (+47.56%)

03/25/20 Maxim
AGNC Investment, New York Mortgage Trust cut to Hold at Maxim
03/25/20 Maxim
New York Mortgage downgraded to Hold from Buy at Maxim
02/21/20
Fly Intel: Top five analyst initiations
02/21/20 BofA
New York Mortgage Trust initiated with a Neutral at BofA
Options
Call volume 22x normal in REIT New York Mortgage Trust » 14:00
03/26/20
03/26
14:00
03/26/20
14:00
NYMT

New York Mortgage

$1.89 /

+0.66 (+53.66%)

Call volume 22x normal in…

Call volume 22x normal in REIT New York Mortgage Trust. Shares up 63c, or 51%, today near $1.86 with 12K calls trading, vs 700 puts, and nearly all the flow in upside strikes in April and May, including 5200 April 2.5 calls and 1400 April 5 calls trading in relatively small lots.

ShowHide Related Items >><<
NYMT New York Mortgage
$1.89 /

+0.66 (+53.66%)

03/25/20 Maxim
AGNC Investment, New York Mortgage Trust cut to Hold at Maxim
03/25/20 Maxim
New York Mortgage downgraded to Hold from Buy at Maxim
02/21/20
Fly Intel: Top five analyst initiations
02/21/20 BofA
New York Mortgage Trust initiated with a Neutral at BofA

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