NY Mortgage Trust, Inc. 8-K Report: Key Insights on Stock & Financing Strategies

$NYMT
Form 8-K
Filed on: 2025-01-14
Source
NY Mortgage Trust, Inc. 8-K Report: Key Insights on Stock & Financing Strategies

Here are the key insights extracted from the provided financial report section for New York Mortgage Trust, Inc. (CIK: 0001273685):

  1. Entity Information:
  • Name: New York Mortgage Trust, Inc.
  • CIK: 0001273685
  • Address: 90 Park Avenue, New York, NY 10016
  • Phone: 212-792-0107
  • SEC Filing Type: 8-K
  • Filing Date: January 14, 2025
  1. Stock Information:
  • Common Stock: Par value of $0.01 per share.
  • Preferred Stock Series:
    • Series D: 8.000% Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, par value $0.01, with a liquidation preference of $25.00.
    • Series E: 7.875% Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, par value $0.01, with a liquidation preference of $25.00.
    • Series F: 6.875% Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, par value $0.01, with a liquidation preference of $25.00.
    • Series G: 7.000% Cumulative Redeemable Preferred Stock, par value $0.01, with a liquidation preference of $25.00.
  • Senior Notes:
    • 9.125% Senior Notes due 2029.
  1. Financial Context:
  • The report is based on a single day, January 14, 2025, indicating it could be a specific event or interim report.
  • The report includes multiple segments for different classes of stock, showcasing structured financial instruments.
  1. Trading Information:
  • Common Stock Symbol: NYMT (NASDAQ)
  • Preferred Stock Symbols:
    • Series D: NYMTN
    • Series E: NYMTI
    • Series F: NYMTM
    • Series G: NYMTL
  • Senior Notes Symbol: NYMTZ
  1. Potential Areas of Interest:
  • Investors might focus on the different series of redeemable preferred stocks and their fixed-to-floating rates, which can be indicative of the company's strategy in managing equity financing.
  • The maturity of the senior notes in 2029 suggests a longer-term debt management strategy and could impact the company’s future cash flows.

This summary provides a clear overview of the essential details from the financial report, highlighting the company's structure, stock offerings, and trading information.