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):
- 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
- 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.
- 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.
- 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
- 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.