AG Mortgage Investment Trust, Inc. (MITT)
| Market Cap | 222.14M |
| Revenue (ttm) | 87.55M |
| Net Income (ttm) | 36.38M |
| Shares Out | 29.66M |
| EPS (ttm) | 1.23 |
| PE Ratio | 6.09 |
| Forward PE | 7.77 |
| Dividend | $0.80 (10.68%) |
| Ex-Dividend Date | Mar 31, 2025 |
| Volume | 230,192 |
| Open | 7.65 |
| Previous Close | 7.64 |
| Day's Range | 7.42 - 7.64 |
| 52-Week Range | 5.44 - 7.95 |
| Beta | 2.09 |
| Analysts | Buy |
| Price Target | 8.40 (+12.15%) |
| Earnings Date | Mar 3, 2025 |
About MITT
AG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio comprises residential investments, such as non-agency loans, agency-eligible loans, home equity loans, re-and non-performing loans, and non-agency residential mortgage-backed securities, as well as commercial loans and commercial mortgage-backed securities. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate in... [Read more]
Financial Performance
In 2024, MITT's revenue was $87.55 million, an increase of 37.53% compared to the previous year's $63.66 million. Earnings were $36.38 million, an increase of 2.66%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for MITT stock is "Buy." The 12-month stock price forecast is $8.4, which is an increase of 12.15% from the latest price.
News
15% Yields Want To Mug Your Dividends
Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture...
AG Mortgage Investment Trust, Inc. Increases Quarterly Common Dividend 5.3% to $0.20 per Share
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that, on March 17, 2025, its Board of Directors declared a dividend of $0.20 per common share...
AG Mortgage Investment: Collect The 10% Yield
AG Mortgage Investment Trust, Inc. offers high income with some capital risk, making it a potential buy under $7 per share. Despite mixed Q4 metrics, MITT's strategic acquisitions and active managemen...
AG Mortgage Investment Trust (MITT) Q4 2024 Earnings Call Transcript
AG Mortgage Investment Trust (MITT) Q4 2024 Earnings Call Transcript
AG Mortgage Investment Trust, Inc. Reports Full Year and Fourth Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. ("MITT," "we," the "Company," or "our") (NYSE: MITT) today reported financial results for the full year and quarter ended December 31, 202...
AG Mortgage Investment Trust, Inc. Schedules Fourth Quarter 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release fourth quarter 2024 financial results prior to market open on Monday, Ma...
5 'Safe' Buys In 35 February Dividend Power Dogs
The Dividend Power strategy focuses on stocks with high earnings and dividend yields, creating a resilient portfolio for both downturns and bull markets. Top five Dividend Power stocks for February 20...
AG Mortgage Investment Trust, Inc. Announces Tax Treatment of 2024 Distributions
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today the tax treatment of common and preferred stock distributions paid to stockholders. This info...
AG Mortgage Investment Trust, Inc. Announces Fourth Quarter 2024 Common Dividend of $0.19 per Share
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that its Board of Directors has declared a dividend of $0.19 per common share for the fourth ...
AG Mortgage Investment Trust, Inc. (MITT) Q3 2024 Earnings Call Transcript
AG Mortgage Investment Trust, Inc. (NYSE:MITT) Q3 2024 Earnings Conference Call November 5, 2024 8:00 AM ET Company Participants Jenny Neslin - General Counsel T.J. Durkin - President and Chief Execu...
AG Mortgage Investment Trust: Stocks Selling Off As Rates Move Wildly
AG Mortgage Investment Trust, Inc. reported $0.40 net income per share, but earnings available for distribution ($0.17) did not fully cover the $0.19 dividend. Despite volatile interest rates, MITT de...
AG Mortgage Investment Trust, Inc. Reports Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. ("MITT," "we," the "Company," or "our") (NYSE: MITT) today reported financial results for the quarter ended September 30, 2024. MANAGEMENT...
AG Mortgage Investment Trust, Inc. Schedules Third Quarter 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release third quarter 2024 financial results prior to market open on Tuesday, No...
AG Mortgage Investment Trust, Inc. Announces Third Quarter 2024 Common Dividend of $0.19 per Share
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that its Board of Directors has declared a dividend of $0.19 per common share for the third q...
AG Mortgage Investment Trust, Inc. (MITT) Q2 2024 Earnings Call Transcript
AG Mortgage Investment Trust, Inc. (NYSE:MITT) Q2 2024 Earnings Conference Call August 2, 2024 8:30 AM ET Corporate Participants Jenny Neslin - General Counsel T.J. Durkin - President and Chief Execu...
AG Mortgage Investment Trust, Inc. Reports Second Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. ("MITT," "we," the "Company," or "our") (NYSE: MITT) today reported financial results for the quarter ended June 30, 2024. SECOND QUARTER ...
AG Mortgage Investment Trust, Inc. Schedules Second Quarter 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release second quarter 2024 financial results prior to market open on Friday, Au...
AG Mortgage: Double-Digit Yield From Fixed-Rate Preferred Shares With Reasonable Risk
AG Mortgage Investment Trust is a mREIT with a focus on non-agency mortgage loans. The preferred dividends have been well covered by net income both in Q1 2024 and over the past year. Coverage by mark...
AG Mortgage Investment Trust Now Offers Investors 2 Notes Maturing In 2029
AG Mortgage Investment Trust issued two 9.500% Senior Notes due in 2029 with Call protection into 2026. After a brief review of the Issuer, both bonds are reviewed and compared. The low coverage ratio...
Preferreds Weekly Review: Lots Of Moving Parts In CIM
We take a look at the action in preferreds and baby bonds through the first week of June and highlight some of the key themes we are watching. Most preferred sectors rallied alongside Treasuries, with...
AG Mortgage Investment Trust, Inc. Increases Quarterly Common Dividend 5.6% to $0.19 per Share
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that its Board of Directors has declared a dividend of $0.19 per common share for the second ...