Hoya Capital Launches High Yield REIT ETF
Hoya Capital Real Estate is launching a brand new high-yield real estate investment trust ETF. The Hoya Capital High Dividend Yield ETF (NYSE: RIET) began trading Wednesday and provides investors with diversified exposure to roughly 100 of the highest yielding REITs in the market.
Looking into New York Mortgage Trust’s Return on Capital Employed
After pulling data from Benzinga Pro it seems like during Q2, New York Mortgage Trust (NASDAQ:NYMT) brought in sales totaling $31.48 million. However, earnings decreased 9.43%, resulting in a loss of $12.52 million.
5 Value Stocks To Watch In The Real Estate Sector
What is a Value Stock?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Recap: New York Mortgage Trust Q2 Earnings
Shares of New York Mortgage Trust (NASDAQ:NYMT) fell in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share decreased 60.71% over the past year to $0.11, which were in line with the estimate of $0.11.
New York Mortgage Trust Q2 EPS $0.11, Inline, Sales $31.48M Miss $43.89M Estimate
New York Mortgage Trust (NASDAQ:NYMT) reported quarterly earnings of $0.11 per share which met the analyst consensus estimate. This is a 60.71 percent decrease over earnings of $0.28 per share from the same period last
Earnings Scheduled For August 5, 2021
Companies Reporting Before The Bell
• OneSpaWorld Holdings (NASDAQ:OSW) is projected to report quarterly loss at $0.20 per share on revenue of $6.42 million.
11 Financials Stocks Moving In Friday’s After-Market Session
Gainers
Root (NASDAQ:ROOT) stock rose 2.41% to $11.01 during Friday's after-market session. At the close, Root's trading volume reached 4.2 million shares. This is 98.1% of its average volume over the last 100 days. The company's market cap stands at $2.7 billion.
Understanding New York Mortgage Trust’s Ex-Dividend Date
On June 14, 2021, New York Mortgage Trust (NASDAQ:NYMT) announced shareholders can expect to receive a dividend payable on July 26, 2021. The stock will then go ex-dividend 1 business day(s) before the record date.