New York Mortgage Trust, Inc.

NasdaqGS:NYMT Stock Report

Market Cap: US$548.9m

New York Mortgage Trust Management

Management criteria checks 2/4

New York Mortgage Trust's CEO is Jason Serrano, appointed in Jan 2022, has a tenure of 5.83 years. total yearly compensation is $5.65M, comprised of 15.5% salary and 84.5% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth $1.76M. The average tenure of the management team and the board of directors is 2.5 years and 6.8 years respectively.

Key information

Jason Serrano

Chief executive officer

US$5.6m

Total compensation

CEO salary percentage15.5%
CEO tenure3yrs
CEO ownership0.3%
Management average tenure2.5yrs
Board average tenure6.8yrs

Recent management updates

Recent updates

New York Mortgage Trust: Updating Our Allocation As The Company Derisks

Nov 08

New York Mortgage Trust: Agency RMBS May Protect Earnings

Aug 06

NYMT Pfds: FOMC Policy Has Shifted, But My Hold Ratings Stand

Jan 25

New York Mortgage Trust State Of Mind

Oct 14

New York Mortgage Trust declares $0.10 dividend

Sep 16

New York Mortgage Trust: A Sustainable Dividend, But Wait For A Better Risk/Reward

Aug 26

New York Mortgage Trust GAAP EPS of -$0.22 misses by $0.21, Total net interest income of $26.13M misses by $2.08M

Aug 02

New York Mortgage Trust: Headwinds Of Rising Interest Rates And Inflation

May 11

New York Mortgage Trust: Good Opportunity For Growth Investors, Not So Much For Long-Term Income Investors

Dec 02

New York Mortgage Trust: 9%-Plus Dividend Yield With A Satisfactory Earnings Outlook

Sep 15

New York Mortgage Trust misses on net interest income

May 06

Have Insiders Been Buying New York Mortgage Trust, Inc. (NASDAQ:NYMT) Shares?

Feb 09
Have Insiders Been Buying New York Mortgage Trust, Inc. (NASDAQ:NYMT) Shares?

What Kind Of Investors Own Most Of New York Mortgage Trust, Inc. (NASDAQ:NYMT)?

Dec 18
What Kind Of Investors Own Most Of New York Mortgage Trust, Inc. (NASDAQ:NYMT)?

New York Mortgage Trust, Inc. 2020 Q3 - Results - Earnings Call Presentation

Nov 06

CEO Compensation Analysis

How has Jason Serrano's remuneration changed compared to New York Mortgage Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$30m

Jun 30 2024n/an/a

-US$158m

Mar 31 2024n/an/a

-US$169m

Dec 31 2023US$6mUS$875k

-US$90m

Sep 30 2023n/an/a

-US$170m

Jun 30 2023n/an/a

-US$201m

Mar 31 2023n/an/a

-US$246m

Dec 31 2022US$5mUS$825k

-US$341m

Sep 30 2022n/an/a

-US$270m

Jun 30 2022n/an/a

-US$107m

Mar 31 2022n/an/a

US$18m

Dec 31 2021US$5mUS$750k

US$144m

Sep 30 2021n/an/a

US$192m

Jun 30 2021n/an/a

US$246m

Mar 31 2021n/an/a

US$311m

Dec 31 2020US$4mUS$750k

-US$330m

Sep 30 2020n/an/a

-US$345m

Jun 30 2020n/an/a

-US$401m

Mar 31 2020n/an/a

-US$492m

Dec 31 2019US$5mUS$739k

US$145m

Compensation vs Market: Jason's total compensation ($USD5.65M) is above average for companies of similar size in the US market ($USD2.14M).

Compensation vs Earnings: Jason's compensation has increased whilst the company is unprofitable.

CEO

Jason Serrano (49 yo)

3yrs

Tenure

US$5,646,654

Compensation

Mr. Jason T. Serrano serves as the Chief Executive Officer and Director at New York Mortgage Trust, Inc. since January 1, 2022 and March 19, 2019 respectively. He had served as President at New York Mortga...

Leadership Team

NamePositionTenureCompensationOwnership
Steven Mumma
Executive Chairman17.8yrsUS$240.00k0.55%
$ 3.0m
Jason Serrano
CEO & Director3yrsUS$5.65m0.32%
$ 1.8m
Nicholas Mah
President2.1yrsUS$4.00m0.21%
$ 1.1m
Kristine Nario-Eng
Secretary10.7yrsUS$1.93m0.14%
$ 765.0k
Adam Howse
Head of Operationsless than a yearno datano data
Stephen Hogue
Managing Director7.3yrsno datano data
Steven Brannan
Managing Director7.3yrsno datano data
Ardian Dauti
Managing Directorless than a yearno datano data
JB Kim
Managing Directorless than a yearno datano data
Emily Stiller
Controllerno datano datano data

2.5yrs

Average Tenure

46.5yo

Average Age

Experienced Management: NYMT's management team is considered experienced (2.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Steven Mumma
Executive Chairman17.8yrsUS$240.00k0.55%
$ 3.0m
Jason Serrano
CEO & Director5.8yrsUS$5.65m0.32%
$ 1.8m
Steven Norcutt
Lead Independent Director20.6yrsUS$240.00k0.088%
$ 482.9k
Gena Cheng
Independent Director2.6yrsUS$240.00k0.024%
$ 130.9k
Audrey Greenberg
Independent Director3.5yrsUS$240.00k0.031%
$ 171.0k
Michael Clement
Independent Director8.6yrsUS$180.00k0.071%
$ 388.8k
Lisa Pendergast
Independent Director6.8yrsUS$240.00k0.060%
$ 330.2k

6.8yrs

Average Tenure

62yo

Average Age

Experienced Board: NYMT's board of directors are considered experienced (6.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 23:35
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

New York Mortgage Trust, Inc. is covered by 22 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark DeVriesBarclays
Derek HewettBofA Global Research
Matthew HowlettB. Riley Securities, Inc.