Nymt stock price forecast analysts project a 12-month average

Analysts project a 12-month average target of $8.65, supported by steady dividend yields and a recovering mortgage-backed securities market. Covering this stock for B. Riley, analyst Randy Binner takes an upbeat position. He notes that the company has positioned itself for growth going forward and writes, “Management’s repositioning of the portfolio should support EPS, and we model dividend coverage in 2025 and 2026. Continued acquisition growth in 2025 should keep net interest income growing, while expense management and certain divestitures should improve margins. Outside of agency RMBS, management continues to move into business purpose loans (BPL), which is highlighted through the acquisition of the remaining 50% of Constructive Loans. Given good overall growth in the quarter and the outlook for increased mortgage acquisitions, we have adjusted our forward estimates higher; FY25E and FY26E EPS moved from $0.80/$0.80 to $0.85/$0.90, respectively.” Yes, a live audio webcast will be available on the Investor Relations section of the Company's website. Moving average crossovers hint at a potential breakout if macroeconomic stability holds.