New York Mortgage Trust (NASDAQ:NYMT – Get Free Report) and Kimco Realty (NYSE:KIM – Get Free Report) are both finance companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, risk, analyst recommendations, earnings, valuation, profitability and institutional ownership.
Volatility & Risk
New York Mortgage Trust has a beta of 1.93, indicating that its stock price is 93% more volatile than the S&P 500. Comparatively, Kimco Realty has a beta of 1.25, indicating that its stock price is 25% more volatile than the S&P 500.
Earnings & Valuation
This table compares New York Mortgage Trust and Kimco Realty”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| New York Mortgage Trust | $241.49 million | 2.21 | -$48.67 million | ($1.14) | -5.16 |
| Kimco Realty | $2.04 billion | 6.45 | $410.79 million | $0.56 | 34.52 |
Analyst Ratings
This is a breakdown of current ratings and price targets for New York Mortgage Trust and Kimco Realty, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| New York Mortgage Trust | 0 | 3 | 1 | 0 | 2.25 |
| Kimco Realty | 0 | 9 | 4 | 2 | 2.53 |
New York Mortgage Trust currently has a consensus target price of $7.00, indicating a potential upside of 19.05%. Kimco Realty has a consensus target price of $24.75, indicating a potential upside of 28.03%. Given Kimco Realty’s stronger consensus rating and higher probable upside, analysts plainly believe Kimco Realty is more favorable than New York Mortgage Trust.
Profitability
This table compares New York Mortgage Trust and Kimco Realty’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| New York Mortgage Trust | -15.46% | -1.39% | -0.15% |
| Kimco Realty | 20.17% | 3.82% | 2.07% |
Dividends
New York Mortgage Trust pays an annual dividend of $0.80 per share and has a dividend yield of 13.6%. Kimco Realty pays an annual dividend of $1.00 per share and has a dividend yield of 5.2%. New York Mortgage Trust pays out -70.2% of its earnings in the form of a dividend. Kimco Realty pays out 178.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. New York Mortgage Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.
Institutional and Insider Ownership
54.9% of New York Mortgage Trust shares are held by institutional investors. Comparatively, 89.3% of Kimco Realty shares are held by institutional investors. 1.5% of New York Mortgage Trust shares are held by company insiders. Comparatively, 2.2% of Kimco Realty shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Summary
Kimco Realty beats New York Mortgage Trust on 14 of the 17 factors compared between the two stocks.
About New York Mortgage Trust
New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, including business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); single-family rental properties; and other mortgage, residential housing, and credit-related assets. The company also qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. New York Mortgage Trust, Inc. was incorporated in 2003 and is headquartered in New York, New York.
About Kimco Realty
Kimco Realty Corp. is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is one of North America’s largest publicly traded owners and operators of open-air shopping centers. As of December 31, 2018, the company owned interests in 437 U.S. shopping centers comprising 76 million square feet of leasable space primarily concentrated in the top major metropolitan markets.
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