AG Mortgage Investment Trust, Inc. (MITT)
NYSE: MITT · Real-Time Price · USD
6.72
+0.06 (0.90%)
Nov 22, 2024, 4:00 PM EST - Market closed
MITT Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for MITT stock have an average target of 8.00, with a low estimate of 7.00 and a high estimate of 9.00. The average target predicts an increase of 19.05% from the current stock price of 6.72.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MITT stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 3 | 3 | 2 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jones Trading | Jones Trading | Strong Buy Maintains $8 | Strong Buy | Maintains | $8 | +19.05% | Nov 5, 2024 |
| Jones Trading | Jones Trading | Strong Buy Maintains $8 | Strong Buy | Maintains | $8 | +19.05% | Aug 5, 2024 |
| Piper Sandler | Piper Sandler | Buy Initiates $9 | Buy | Initiates | $9 | +33.93% | Jul 26, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $7.5 → $8.5 | Buy | Maintains | $7.5 → $8.5 | +26.49% | Jul 19, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $7.5 | Hold | Maintains | $7.5 | +11.61% | Jun 17, 2024 |
Financial Forecast
Revenue This Year
68.44M
Revenue Next Year
78.48M
from 68.44M
Increased by 14.66%
EPS This Year
1.03
from 1.68
Decreased by -38.56%
EPS Next Year
0.95
from 1.03
Decreased by -8.10%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 79.1M | 89.3M | 96.6M |
| Avg | 68.4M | 78.5M | 88.4M |
| Low | 58.0M | 54.7M | 79.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 30.4% | 23.1% |
| Avg | - | 14.7% | 12.7% |
| Low | - | -20.1% | 1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.20 | 1.10 | 1.17 |
| Avg | 1.03 | 0.95 | 1.04 |
| Low | 0.82 | 0.61 | 0.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -28.8% | 6.8% | 22.9% |
| Avg | -38.6% | -8.1% | 9.7% |
| Low | -51.0% | -41.1% | -1.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.