New York Mortgage Trust (NYMT)
(Delayed Data from NSDQ)
$6.15 USD
-0.06 (-0.97%)
Updated May 6, 2024 04:00 PM ET
After-Market: $6.15 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
D Value F Growth A Momentum F VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
NYMT 6.15 -0.06(-0.97%)
Will NYMT be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for NYMT based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NYMT
New York Mortgage Trust (NYMT) Reports Q4 Loss, Misses Revenue Estimates
DigitalBridge (DBRG) Q4 Earnings Lag Estimates
NYMT: What are Zacks experts saying now?
Zacks Private Portfolio Services
Ladder Capital (LADR) Q4 Earnings Top Estimates
Annaly Capital Management (NLY) Q4 Earnings Surpass Estimates
New York Mortgage Trust (NYMT) Surpasses Q3 Earnings and Revenue Estimates
Other News for NYMT
The Labor Downshift
YieldBoost NYMT To 34.5% Using Options
New York Mortgage (NYMT) Receives a Rating Update from a Top Analyst
New York Mortgage Trust, Inc. (NYMT) Q1 2024 Earnings Call Transcript
eXp World in real estate gainers, New York Mortgage Trust in losers