AG Mortgage Investment Trust, Inc. (MITT)
| Market Cap | 196.24M |
| Revenue (ttm) | 80.74M |
| Net Income (ttm) | 58.33M |
| Shares Out | 29.51M |
| EPS (ttm) | 2.09 |
| PE Ratio | 3.18 |
| Forward PE | 6.90 |
| Dividend | $0.76 (11.43%) |
| Ex-Dividend Date | Sep 30, 2024 |
| Volume | 163,364 |
| Open | 6.75 |
| Previous Close | 6.75 |
| Day's Range | 6.59 - 6.76 |
| 52-Week Range | 5.09 - 7.95 |
| Beta | 2.06 |
| Analysts | Strong Buy |
| Price Target | 8.00 (+20.3%) |
| Earnings Date | Nov 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 5 analysts, the average rating for MITT stock is "Strong Buy." The 12-month stock price forecast is $8.0, which is an increase of 20.30% from the latest price.
News
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 ...
New Preferred Stock And Exchange Traded Debt IPOs, May 2024
M&T Bank, Citizens Financial Group, AG Mortgage Investment Trust, Chimera Investment Corporation, and Southern California Edison priced new offerings of preferred stock and senior notes. The new share...
Preferreds Weekly Review: Tight Spreads Make For A Compelling Issuance Environment
We take a look at the action in preferreds and baby bonds through the fourth week of May and highlight some of the key themes we are watching. Preferreds were mostly down on the week, however, remain ...
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 ...
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...
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 ...
AG Mortgage Investment Trust, Inc. (MITT) Q1 2024 Earnings Call Transcript
AG Mortgage Investment Trust, Inc. (NYSE:MITT) Q1 2024 Earnings Conference Call May 3, 2024 8:30 AM ET Company Participants Jenny Neslin - General Counsel T.J. Durkin - Chief Executive Officer & Pres...
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 ...
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...
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...