AG Mortgage Investment Trust, Inc. (MITT)
NYSE: MITT · IEX Real-Time Price · USD
5.50
+0.04 (0.73%)
At close: Apr 18, 2024, 4:00 PM
5.43
-0.07 (-1.27%)
After-hours: Apr 18, 2024, 7:55 PM EDT
MITT Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for MITT stock have an average target of 7.40, with a low estimate of 7.00 and a high estimate of 8.00. The average target predicts an increase of 34.55% from the current stock price of 5.50.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| 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 | 4 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $7 | Buy | Reiterates | $7 | +27.27% | Apr 18, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $6.75 → $7 | Hold | Maintains | $6.75 → $7 | +27.27% | Feb 29, 2024 |
| UBS | UBS | Strong Buy Initiates $7 | Strong Buy | Initiates | $7 | +27.27% | Dec 6, 2023 |
| JonesTrading | JonesTrading | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +45.45% | Aug 9, 2023 |
| JonesTrading | JonesTrading | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +45.45% | Aug 8, 2023 |
Financial Forecast
Revenue This Year
60.46M
from 93.85M
Decreased by -35.58%
Revenue Next Year
64.67M
from 60.46M
Increased by 6.98%
EPS This Year
0.67
from 1.68
Decreased by -60.23%
EPS Next Year
0.79
from 0.67
Increased by 17.56%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 71.7M | 74.6M | 91.1M |
| Avg | 60.5M | 64.7M | 88.5M |
| Low | 49.2M | 54.7M | 85.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -23.6% | 23.3% | 40.9% |
| Avg | -35.6% | 7.0% | 36.9% |
| Low | -47.5% | -9.5% | 31.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.88 | 1.05 | 1.31 |
| Avg | 0.67 | 0.79 | 1.28 |
| Low | 0.41 | 0.58 | 1.23 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -47.5% | 57.2% | 67.1% |
| Avg | -60.2% | 17.6% | 62.3% |
| Low | -75.5% | -13.5% | 56.0% |
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.