AG Mortgage Investment Trust, Inc. (MITT)
NYSE: MITT · IEX Real-Time Price · USD
5.65
+0.14 (2.54%)
At close: Apr 26, 2024, 4:00 PM
5.60
-0.05 (-0.88%)
After-hours: Apr 26, 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 30.97% from the current stock price of 5.65.
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 | +23.89% | Apr 19, 2024 |
JMP Securities | JMP Securities | Buy Reiterates $7 | Buy | Reiterates | $7 | +23.89% | Apr 18, 2024 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $6.75 → $7 | Hold | Maintains | $6.75 → $7 | +23.89% | Feb 29, 2024 |
UBS | UBS | Strong Buy Initiates $7 | Strong Buy | Initiates | $7 | +23.89% | Dec 6, 2023 |
JonesTrading | JonesTrading | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +41.59% | Aug 9, 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.