AG Mortgage Investment Trust, Inc. (MITT)

NYSE: MITT · IEX Real-Time Price · USD
5.78
+0.23 (4.14%)
At close: Jun 2, 2023, 4:00 PM
5.53
-0.25 (-4.33%)
After-hours: Jun 2, 2023, 7:31 PM EDT
4.14%
Market Cap 117.03M
Revenue (ttm) 20.28M
Net Income (ttm) -45.70M
Shares Out 20.25M
EPS (ttm) -1.96
PE Ratio n/a
Forward PE 12.53
Dividend $0.72 (12.46%)
Ex-Dividend Date Mar 30, 2023
Volume 116,290
Open 5.61
Previous Close 5.55
Day's Range 5.56 - 5.78
52-Week Range 3.52 - 8.39
Beta 1.91
Analysts Buy
Price Target 6.92 (+19.72%)
Earnings Date Aug 2, 2023

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, including non-qualifying mortgages loans, government-sponsored entity non-owner occupied loans, re/non-performing loans, land related financing, and agency residential mortgage-backed securities; and commercial investments. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate i... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Jun 30, 2011
Country United States
Stock Exchange NYSE
Ticker Symbol MITT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for MITT stock is "Buy." The 12-month stock price forecast is $6.92, which is an increase of 19.72% from the latest price.

Price Target
$6.92
(19.72% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AG Mortgage Investment Trust, Inc. Reports First 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 March 31, 2023. Q1 2023 FINANC...

1 month ago - Business Wire

AG Mortgage Investment Trust, Inc. Schedules First 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 first quarter 2023 financial results prior to market open on Friday, May...

1 month ago - Business Wire

AG Mortgage Investment Trust, Inc. Announces First 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 first quarter...

2 months ago - Business Wire
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AG Mortgage Investment Trust, Inc. Reports Full Year and Fourth Quarter 2022 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...

3 months ago - Business Wire

AG Mortgage Investment Trust, Inc. Schedules Fourth Quarter 2022 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 2022 financial results prior to market open on Thursday, ...

3 months ago - Business Wire

AG Mortgage Investment Trust, Inc. Announces Tax Treatment of 2022 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 in 2022....

4 months ago - Business Wire

AG Mortgage Investment Trust, Inc. Announces Fourth Quarter 2022 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 fourth quar...

5 months ago - Business Wire

AG Mortgage Investment Trust, Inc. Reports Third Quarter 2022 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, 2022.

7 months ago - Business Wire
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AG Mortgage Investment Trust, Inc. Schedules Third Quarter 2022 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 2022 financial results prior to market open on Friday, Nov...

7 months ago - Business Wire

AG Mortgage Investment Trust, Inc. Provides Update to Shareholders

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today an update on its portfolio and liquidity position, including certain preliminary estimated fi...

8 months ago - Business Wire

These 2 Mortgage REITs Have Yields Higher Than 15% And Are Trading Below Book Value - AG Mortgage Investment (NYSE:MITT), Two Harbors Investment (NYSE:TWO)

When investing in mortgage real estate investment trusts, one advantage investors should know about is that they typically have higher yields than equity REITs, and should never trade at a premium to ...

Other symbols: TWO
8 months ago - Benzinga

AG Mortgage Investment Trust, Inc. Announces Series of Corporate Governance Changes

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced that its Board of Directors (the “Board”) has appointed T.J. Durkin as the Company's Chief Executiv...

9 months ago - Business Wire

AG Mortgage Investment Trust, Inc. Announces Third Quarter 2022 Common Dividend of $0.21 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 $0.21 per common share for the third quarter...

9 months ago - Business Wire
}

AG Mortgage Investment Trust, Inc. Reports Second Quarter 2022 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, 2022. Q2 2022 FINANCI...

10 months ago - Business Wire

AG Mortgage Investment Trust, Inc. Schedules Second Quarter 2022 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 2022 financial results after market close on Wednesday, A...

11 months ago - Business Wire

AG Mortgage Investment Trust, Inc. Announces Second Quarter 2022 Common Dividend of $0.21 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 $0.21 per common share for the second quarte...

1 year ago - Business Wire

AG Mortgage Investment Trust, Inc. Reports First Quarter 2022 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, 2022. Q1 2022 FINANC...

1 year ago - Business Wire

AG Mortgage Investment Trust, Inc. Schedules First Quarter 2022 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 2022 financial results prior to the market open on Friday,...

1 year ago - Business Wire

AG Mortgage Investment Trust, Inc. Announces New Nominee to Stand for Election to Board of Directors

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) is pleased to announce Matthew Jozoff has been nominated to join the Board of Directors (the “Board”) and wil...

1 year ago - Business Wire

AG Mortgage Investment Trust, Inc. Announces First Quarter 2022 Common Dividend of $0.21 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 $0.21 per common share for the first quarter...

1 year ago - Business Wire

AG Mortgage Investment Trust, Inc. Reports Full Year and Fourth Quarter 2021 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...

1 year ago - Business Wire

AG Mortgage Investment Trust, Inc. Schedules Fourth Quarter 2021 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 2021 financial results prior to the market open on Thursd...

1 year ago - Business Wire

AG Mortgage Investment Trust, Inc. Announces Tax Treatment of 2021 Dividends

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today the tax treatment of 2021 common and preferred stock dividends paid to stockholders. This inf...

1 year ago - Business Wire

AG Mortgage Investment Trust, Inc. Announces Fourth Quarter 2021 Common Dividend of $0.21 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 $0.21 per common share for the fourth quarte...

1 year ago - Business Wire

AG Mortgage Investment Trust, Inc. Announces Pricing of Public Offering of Common Stock

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) today announced that it has priced an underwritten public offering of 7,000,000 shares of its common stock at...

1 year ago - Business Wire