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AG Mortgage Investment Trust, Inc. (MITT)

Stock Price: $3.14 USD 0.15 (5.02%)
Updated Aug 14, 2020 4:00 PM EDT - Market closed
After-hours: $3.15 +0.01 (0.32%) Aug 14, 7:59 PM

Stock Price Chart

Key Info

Market Cap 107.50M
Revenue (ttm) -356.61M
Net Income (ttm) -436.87M
Shares Out 34.23M
EPS (ttm) -13.97
PE Ratio n/a
Forward PE 8.11
Dividend $1.80
Dividend Yield 57.32%

Stock Quote

Trading Day Aug 14, 2020
Last Price $3.14
Previous Close $2.99
Change ($) 0.15
Change (%) 5.02%
Day's Open 2.93
Day's Range 2.92 - 3.18
Day's Volume 1,582,148
52-Week Range 1.46 - 16.70

More Stats

Market Cap 107.50M
Enterprise Value 488.33M
Earnings Date (est) Nov 4, 2020
Ex-Dividend Date n/a
Shares Outstanding 34.23M
Float 33.55M
EPS (basic) -13.96
EPS (diluted) -13.97
FCF / Share 1.35
Dividend $1.80
Dividend Yield 57.32%
Earnings Yield n/a
FCF Yield 41.21%
Payout Ratio n/a
Shares Short 9.27M
Short Ratio 4.51
Short % of Float 31.00%
Beta 1.67
PE Ratio n/a
Forward PE 8.11
P/FCF Ratio 2.43
PS Ratio n/a
PB Ratio 1.12
Revenue -356.61M
Operating Income -396.44M
Net Income -436.87M
Free Cash Flow 44.30M
Net Cash -380.84M
Net Cash / Share -11.12
Gross Margin -34.81%
Operating Margin 111.17%
Profit Margin 123.90%
FCF Margin -12.42%
ROA -18.70%
ROE -79.37%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (2)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 2

Analyst Consensus: Sell

Price Target

$2.00*
(-36.31% downside)
Low
1.75
Current: $3.14
High
2.25
Target: 2.00
*Average 12-month price target from 2 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year20192018201720162015201420132012
Revenue12114.5112984.4835.08130-7.53149
Revenue Growth731.42%-88.73%52.43%140.79%-73.06%---
Gross Profit12114.5112984.4835.08130-7.53149
Operating Income91.31-11.6610662.5711.09106-30.80135
Net Income92.921.5711963.6813.82109-31.58135
Shares Outstanding32.1928.3927.8727.9528.4028.3828.0218.17
Earnings Per Share2.39-0.423.771.800.013.37-1.617.18
EPS Growth--109.44%17900%-99.7%---
Dividend Per Share1.901.982.001.902.282.402.802.97
Dividend Growth-3.8%-1.25%5.26%-16.48%-5.21%-14.29%-5.72%-
Operating Cash Flow65.2478.0358.8552.7887.0693.84131115
Free Cash Flow65.2478.0358.8552.7887.0693.84131115
Cash & Equivalents12581.3952.8279.0578.4598.8489.77159
Total Debt3,4582,7313,0211,9462,4622,6852,9193,911
Net Cash / Debt-3,332-2,650-2,968-1,867-2,383-2,586-2,829-3,753
Assets4,3483,5493,7892,6293,1643,4583,6854,855
Liabilities3,4992,8933,0751,9732,4972,7262,9804,061
Book Value849656714656667733704795
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name AG Mortgage Investment Trust, Inc.
Country United States
CEO David N. Roberts

Stock Information

Ticker Symbol MITT
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Mortgage
Unique Identifier NYSE: MITT
IPO Date June 30, 2011

Description

AG Mortgage Investment Trust, Inc., a real estate investment trust, invests in a portfolio of residential mortgage-backed securities and credit investments in the United States. Its investment portfolio includes residential mortgage-backed securities; residential investments, including credit risk transfer securities, re/non-performing loans, interest only securities, non-qualifying mortgages loans, and land related financing; commercial investments, such as commercial mortgage-backed securities (CMBS), interest only securities, and CMBS principal-only securities; and asset 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 distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2011 and is based in New York, New York.