AG Mortgage Investment Trust, Inc. (MITT)
Market Cap | 193.05M |
Revenue (ttm) | 100.38M |
Net Income (ttm) | 43.79M |
Shares Out | 29.47M |
EPS (ttm) | 1.84 |
PE Ratio | 3.56 |
Forward PE | 5.91 |
Dividend | $0.76 (11.60%) |
Ex-Dividend Date | Jun 28, 2024 |
Volume | 233,458 |
Open | 6.52 |
Previous Close | 6.56 |
Day's Range | 6.48 - 6.59 |
52-Week Range | 4.82 - 6.99 |
Beta | 2.06 |
Analysts | Strong Buy |
Price Target | 7.67 (+17.1%) |
Earnings Date | Aug 5, 2024 |
About MITT
AG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio includes residential investments, including non-agency loans, agency-eligible 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 income taxes if it d... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for MITT stock is "Strong Buy." The 12-month stock price forecast is $7.67, which is an increase of 17.10% from the latest price.
News
![](https://cdn.snapi.dev/images/v1/j/z/press19-2478779.jpg)
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 ...
![](https://cdn.snapi.dev/images/v1/c/h/press6-2450593.jpg)
AG Mortgage Investment Trust, Inc. Set to Join the Russell 3000® Index
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company” or “MITT”) announced today that, as part of the 36th annual reconstitution of the Russell stock indexes, MITT ...
![](https://cdn.snapi.dev/images/v1/3/9/press18-2433352.jpg)
AG Mortgage Investment Trust, Inc. Announces Closing of Public Offering of $65 Million Senior Notes
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it has closed its previously announced underwritten public offering of $65 million aggre...
![](https://cdn.snapi.dev/images/v1/e/o/press9-2421516.jpg)
AG Mortgage Investment Trust, Inc. Announces Pricing of Public Offering of Senior Notes
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it has priced an underwritten public offering of $65 million aggregate principal amount ...
![](https://cdn.snapi.dev/images/v1/4/7/press18-2408654.jpg)
AG Mortgage Investment Trust, Inc. Reports First 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 March 31, 2024. FIRST QUARTER ...
![](https://cdn.snapi.dev/images/v1/k/g/conf12-2395221.jpg)
AG Mortgage Investment Trust, Inc. Schedules First 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 first quarter 2024 financial results prior to market open on Friday, May...
![](https://cdn.snapi.dev/images/v1/6/h/press7-2327224.jpg)
AG Mortgage Investment Trust, Inc. Announces First Quarter 2024 Common Dividend of $0.18 per Share
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced that its Board of Directors has declared a dividend of $0.18 per common share for the first quarter...
![](https://cdn.snapi.dev/images/v1/k/w/press20-2287998.jpg)
AG Mortgage Investment Trust, Inc. Reports Full Year and Fourth Quarter 2023 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...
![](https://cdn.snapi.dev/images/v1/2/g/conf3-2279348.jpg)
AG Mortgage Investment Trust, Inc. Schedules Fourth Quarter 2023 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 2023 financial results prior to market open on Thursday, ...
![](https://cdn.snapi.dev/images/v1/9/m/press16-2254272.jpg)
AG Mortgage Investment Trust, Inc. Announces Tax Treatment of 2023 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...
![](https://cdn.snapi.dev/images/v1/z/u/press17-2198697.jpg)
AG Mortgage Investment Trust, Inc. Announces Fourth Quarter 2023 Common Dividend
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced that its Board of Directors has declared a dividend of $0.05 per common share. The dividend is paya...
![](https://cdn.snapi.dev/images/v1/x/8/press12-2185577.jpg)
AG Mortgage Investment Trust, Inc. Completes Acquisition of Western Asset Mortgage Capital Corporation
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (“MITT”) announced today that it has completed the previously announced acquisition of Western Asset Mortgage Capital Corpora...
![](https://cdn.snapi.dev/images/v1/6/j/press4-2184623.jpg)
Western Asset Mortgage Capital Corporation Announces Stockholder Approval of Merger With AG Mortgage Investment Trust
PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company,” “we,” or “WMC”) (NYSE: WMC) announced today that its stockholders have voted to approve the proposed merge...
![](https://cdn.snapi.dev/images/v1/y/m/press11-2166096.jpg)
AG Mortgage Investment Trust, Inc. Announces Second Interim Fourth Quarter Common Dividend of $0.05 Per Share
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (“MITT”) announced that its Board of Directors has declared a second interim fourth quarter dividend of $0.05 per common shar...
![](https://cdn.snapi.dev/images/v1/y/w/press15-2145287.jpg)
AG Mortgage Investment Trust, Inc. Reports Third Quarter 2023 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, 2023. Q3 2023 FI...
![](https://cdn.snapi.dev/images/v1/g/i/press10-2145179.jpg)
AG Mortgage Investment Trust, Inc. Stockholders Approve Issuance of Common Stock in Merger With Western Asset Mortgage Capital Corporation
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (“MITT”) announced that at the special meeting of stockholders held today its stockholders approved the issuance of MITT's co...
![](https://cdn.snapi.dev/images/v1/e/j/conf8-2131692.jpg)
AG Mortgage Investment Trust, Inc. Schedules Third Quarter 2023 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 2023 financial results after market close on Tuesday, Nove...
![](https://cdn.snapi.dev/images/v1/b/n/press7-2126716.jpg)
Leading Independent Proxy Advisory Firm ISS Recommends AG Mortgage Investment Trust Stockholders Vote “FOR” the Proposed Merger With Western Asset Mortgage Capital Corporation
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (the “Company,” “we,” or “MITT”) (NYSE: MITT) announced today that leading proxy advisory firm Institutional Shareholder Services Inc. (“I...
![](https://cdn.snapi.dev/images/v1/6/w/press17-2118480.jpg)
AG Mortgage Investment Trust, Inc., Announces Interim Fourth Quarter Common Dividend of $0.08 Per Share
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (“MITT”) announced that its Board of Directors has declared an interim fourth quarter dividend of $0.08 per common share. The...
![](https://cdn.snapi.dev/images/v1/k/n/press5-2112462.jpg)
AG Mortgage Investment Trust and Western Asset Mortgage Capital Corporation Announce Final Exchange Ratio for Proposed Merger
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (“MITT”), a publicly traded residential mortgage REIT managed by AG REIT Management, LLC, an affiliate of Angelo, Gordon & Co...
![](https://cdn.snapi.dev/images/v1/p/e/press15-2082627.jpg)
WESTERN ASSET INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Western Asset Mortgage Capital Corporation - WMC
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Western Asset Mo...
![](https://cdn.snapi.dev/images/v1/k/x/press19-2066016.jpg)
AG Mortgage Investment Trust, Inc. Announces Third Quarter 2023 Common Dividend of $0.18 per Share
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced that its Board of Directors has declared a dividend of $0.18 per common share for the third quarter...
![](https://cdn.snapi.dev/images/v1/s/o/press19-2014996.jpg)
MITT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of AG Mortgage Investment Trust, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of AG Mortgage Investment Trust, Inc. (NYSE: MITT) and Western Asset Mortgage Capital Corp...
![](https://cdn.snapi.dev/images/v1/d/g/press11-2013390.jpg)
AG Mortgage Investment Trust and Western Asset Mortgage Capital Corporation Announce Definitive Merger Agreement
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (“MITT”), a publicly traded residential mortgage REIT managed by AG REIT Management, LLC, an affiliate of Angelo, Gordon & Co...
![](https://cdn.snapi.dev/images/v1/z/l/press1-2009354.jpg)
AG Mortgage Investment Trust, Inc. Reports Second Quarter 2023 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, 2023. Q2 2023 FINANCI...