AG Mortgage Investment Trust, Inc. (MITT)
NYSE: MITT · IEX Real-Time Price · USD
6.55
-0.01 (-0.15%)
At close: Jul 2, 2024, 4:00 PM
6.59
+0.04 (0.61%)
After-hours: Jul 2, 2024, 7:15 PM EDT
MITT Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for MITT stock have an average target of 7.67, with a low estimate of 7.00 and a high estimate of 8.00. The average target predicts an increase of 17.10% from the current stock price of 6.55.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MITT stock from 6 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $7.5 | Hold | Maintains | $7.5 | +14.50% | Jun 17, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $7 → $7.5 | Buy | Maintains | $7 → $7.5 | +14.50% | May 30, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $7 → $7.5 | Hold | Maintains | $7 → $7.5 | +14.50% | May 7, 2024 |
| JonesTrading | JonesTrading | Strong Buy Maintains $8 | Strong Buy | Maintains | $8 | +22.14% | May 3, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $7 | Buy | Reiterates | $7 | +6.87% | Apr 19, 2024 |
Financial Forecast
Revenue This Year
71.86M
from 93.85M
Decreased by -23.42%
Revenue Next Year
77.10M
from 71.86M
Increased by 7.29%
EPS This Year
1.17
from 1.68
Decreased by -30.42%
EPS Next Year
1.20
from 1.17
Increased by 2.97%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 84.4M | 93.2M | 85.2M |
| Avg | 71.9M | 77.1M | 82.8M |
| Low | 53.8M | 54.7M | 79.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -10.0% | 29.7% | 10.5% |
| Avg | -23.4% | 7.3% | 7.4% |
| Low | -42.6% | -23.9% | 3.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.76 | 1.86 | 1.04 |
| Avg | 1.17 | 1.20 | 1.01 |
| Low | 0.82 | 0.71 | 0.97 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.0% | 59.0% | -13.6% |
| Avg | -30.4% | 3.0% | -16.1% |
| Low | -51.0% | -39.6% | -19.4% |
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.