AG Mortgage Investment Trust (MITT) Expected to Announce Quarterly Earnings on Friday

AG Mortgage Investment Trust (NYSE:MITT - Get Free Report) is anticipated to announce its Q2 2025 earnings results before the market opens on Friday, August 1st. Analysts expect the company to announce earnings of $0.23 per share and revenue of $21.04 million for the quarter.

AG Mortgage Investment Trust (NYSE:MITT - Get Free Report) last issued its earnings results on Tuesday, May 6th. The real estate investment trust reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.24 by ($0.04). The firm had revenue of $20.00 million during the quarter, compared to analysts' expectations of $18.67 million. AG Mortgage Investment Trust had a net margin of 10.98% and a return on equity of 11.86%. On average, analysts expect AG Mortgage Investment Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

AG Mortgage Investment Trust Stock Performance

NYSE MITT traded up $0.01 during trading hours on Friday, reaching $7.75. The stock had a trading volume of 90,538 shares, compared to its average volume of 178,925. The stock has a fifty day moving average of $7.47 and a 200 day moving average of $7.09. The stock has a market cap of $230.02 million, a P/E ratio of 8.71 and a beta of 1.55. AG Mortgage Investment Trust has a 52-week low of $5.63 and a 52-week high of $7.95.

AG Mortgage Investment Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Monday, June 30th will be given a $0.21 dividend. The ex-dividend date is Monday, June 30th. This represents a $0.84 dividend on an annualized basis and a yield of 10.84%. This is a positive change from AG Mortgage Investment Trust's previous quarterly dividend of $0.20. AG Mortgage Investment Trust's dividend payout ratio is currently 94.38%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on MITT shares. Wall Street Zen lowered AG Mortgage Investment Trust from a "hold" rating to a "sell" rating in a research report on Saturday, July 12th. Keefe, Bruyette & Woods upped their target price on AG Mortgage Investment Trust from $8.25 to $8.50 and gave the company a "market perform" rating in a research report on Thursday, July 10th. Jones Trading restated a "buy" rating and issued a $8.00 price objective on shares of AG Mortgage Investment Trust in a research report on Tuesday, May 6th. Finally, UBS Group upped their price objective on AG Mortgage Investment Trust from $8.00 to $8.75 and gave the stock a "buy" rating in a research report on Thursday, July 10th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, AG Mortgage Investment Trust currently has a consensus rating of "Moderate Buy" and an average price target of $8.55.

Institutional Investors Weigh In On AG Mortgage Investment Trust

A hedge fund recently bought a new stake in AG Mortgage Investment Trust stock. Strs Ohio bought a new position in shares of AG Mortgage Investment Trust, Inc. (NYSE:MITT - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 5,400 shares of the real estate investment trust's stock, valued at approximately $39,000. Hedge funds and other institutional investors own 27.32% of the company's stock.

About AG Mortgage Investment Trust

AG Mortgage Investment Trust, Inc operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio includes residential investments, including non-agency loans, agency-eligible loans, re-and non-performing loans, and non-agency residential mortgage-backed securities, as well as commercial loans and commercial mortgage-backed securities.