Head-To-Head Analysis: New York Mortgage Trust (NYMT) and AG Mortgage Investment Trust (MITT)

New York Mortgage Trust (NASDAQ: NYMT) and AG Mortgage Investment Trust (NYSE:MITT) are both small-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, profitability, dividends, earnings, valuation, institutional ownership and risk.

Earnings and Valuation

This table compares New York Mortgage Trust and AG Mortgage Investment Trust’s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio EBITDA Earnings Per Share Price/Earnings Ratio
New York Mortgage Trust $107.14 million 6.57 $57.06 million $0.51 12.33
AG Mortgage Investment Trust $119.69 million 4.56 $89.88 million $3.23 6.07

AG Mortgage Investment Trust has higher revenue and earnings than New York Mortgage Trust. AG Mortgage Investment Trust is trading at a lower price-to-earnings ratio than New York Mortgage Trust, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares New York Mortgage Trust and AG Mortgage Investment Trust’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
New York Mortgage Trust 19.62% 10.05% 0.71%
AG Mortgage Investment Trust 85.21% 11.97% 2.12%

Risk and Volatility

New York Mortgage Trust has a beta of 1.37, suggesting that its share price is 37% more volatile than the S&P 500. Comparatively, AG Mortgage Investment Trust has a beta of 0.91, suggesting that its share price is 9% less volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and recommmendations for New York Mortgage Trust and AG Mortgage Investment Trust, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
New York Mortgage Trust 0 4 1 0 2.20
AG Mortgage Investment Trust 0 3 0 0 2.00

New York Mortgage Trust currently has a consensus price target of $6.33, indicating a potential upside of 0.69%. AG Mortgage Investment Trust has a consensus price target of $18.17, indicating a potential downside of 7.41%. Given New York Mortgage Trust’s stronger consensus rating and higher possible upside, equities analysts plainly believe New York Mortgage Trust is more favorable than AG Mortgage Investment Trust.

Institutional and Insider Ownership

36.1% of New York Mortgage Trust shares are owned by institutional investors. Comparatively, 64.7% of AG Mortgage Investment Trust shares are owned by institutional investors. 1.3% of New York Mortgage Trust shares are owned by company insiders. Comparatively, 1.6% of AG Mortgage Investment Trust shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Dividends

New York Mortgage Trust pays an annual dividend of $0.80 per share and has a dividend yield of 12.7%. AG Mortgage Investment Trust pays an annual dividend of $1.90 per share and has a dividend yield of 9.7%. New York Mortgage Trust pays out 156.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. AG Mortgage Investment Trust pays out 58.8% of its earnings in the form of a dividend.

Summary

AG Mortgage Investment Trust beats New York Mortgage Trust on 9 of the 16 factors compared between the two stocks.

About New York Mortgage Trust

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 assets and financial assets. The Company’s investment portfolio includes residential mortgage loans, including second mortgages and loans sourced from distressed markets, non-agency residential mortgage-backed securities (RMBS), multi-family commercial mortgage-backed securities, preferred equity and joint venture equity investments in, and mezzanine loans to, owners of multi-family properties, equity and debt securities issued by entities that invest in residential and commercial real estate and agency RMBS. It may acquire and manage various other types of mortgage-related and financial assets, including, without limitation, collateralized mortgage obligations and securities issued by newly originated residential securitizations, including credit sensitive securities from these securitizations.

About AG Mortgage Investment Trust

AG Mortgage Investment Trust, Inc. is a real estate investment trust (REIT). The Company focuses on investing in, acquiring and managing a diversified portfolio of residential mortgage assets, other real estate-related securities and financial assets, which the Company refers to as its target assets. It also focuses on investing in residential mortgage-backed securities (RMBS) issued or guaranteed by a government-sponsored enterprise, such as The Federal National Mortgage Association (Fannie Mae) or The Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, GSEs), or any agency of the United States Government, such as The Government National Mortgage Association (Ginnie Mae) (collectively Agency RMBS), and other real estate-related securities and financial assets, including Non-Agency RMBS, asset backed securities (ABS), commercial mortgage-backed securities (CMBS) and loans.

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