Positive News SentimentPositive NewsNYSE:MITT AG Mortgage Investment Trust (MITT) Stock Forecast, Price & News $5.48 +0.06 (+1.11%) (As of 09/28/2023 ET) Add Compare Share Share Today's Range$5.35▼$5.5250-Day Range$5.48▼$6.7952-Week Range$3.52▼$7.05Volume93,932 shsAverage Volume113,998 shsMarket Capitalization$110.81 millionP/E Ratio9.96Dividend Yield13.14%Price Target$7.13 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media AG Mortgage Investment Trust MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside30.0% Upside$7.13 Price TargetShort InterestHealthy2.08% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.73Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.43 out of 5 starsFinance Sector433rd out of 877 stocksReal Estate Investment Trusts Industry86th out of 182 stocks 3.3 Analyst's Opinion Consensus RatingAG Mortgage Investment Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.13, AG Mortgage Investment Trust has a forecasted upside of 30.0% from its current price of $5.48.Amount of Analyst CoverageAG Mortgage Investment Trust has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.08% of the float of AG Mortgage Investment Trust has been sold short.Short Interest Ratio / Days to CoverAG Mortgage Investment Trust has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in AG Mortgage Investment Trust has recently increased by 14.12%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipAG Mortgage Investment Trust is a leading dividend payer. It pays a dividend yield of 12.88%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAG Mortgage Investment Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of AG Mortgage Investment Trust is 130.91%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MITT. Previous Next 3.7 News and Social Media Coverage News SentimentAG Mortgage Investment Trust has a news sentiment score of 1.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for AG Mortgage Investment Trust this week, compared to 1 article on an average week.Search InterestOnly 22 people have searched for MITT on MarketBeat in the last 30 days. This is a decrease of -37% compared to the previous 30 days.MarketBeat Follows6 people have added AG Mortgage Investment Trust to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AG Mortgage Investment Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.50% of the stock of AG Mortgage Investment Trust is held by insiders.Percentage Held by InstitutionsOnly 33.26% of the stock of AG Mortgage Investment Trust is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of AG Mortgage Investment Trust is 9.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.23.Price to Earnings Ratio vs. SectorThe P/E ratio of AG Mortgage Investment Trust is 9.96, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 76.17.Price to Book Value per Share RatioAG Mortgage Investment Trust has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About AG Mortgage Investment Trust (NYSE:MITT) StockAG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio comprises residential investments, including non-agency loans, agency-eligible loans, re-and non-performing loans, and non-agency residential mortgage-backed securities. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2011 and is based in New York, New York.Read More MITT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MITT Stock News HeadlinesSeptember 28, 2023 | americanbankingnews.comBrandywine Realty Trust (NYSE:BDN) & AG Mortgage Investment Trust (NYSE:MITT) Financial ComparisonSeptember 15, 2023 | finance.yahoo.comAG Mortgage Investment Trust, Inc.'s (NYSE:MITT) top owners are retail investors with 56% stake, while 28% is held by institutionsSeptember 28, 2023 | The Oxford Club (Ad)Better Than Oil Stocks?The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. September 11, 2023 | msn.comAG Mortgage Investment: Income Name On SaleAugust 22, 2023 | seekingalpha.comMITT.PR.A AG Mortgage Investment Trust, Inc. 8.25% PFD SER AAugust 10, 2023 | finance.yahoo.comAG Mortgage Investment Trust, Inc. (NYSE:MITT) Q2 2023 Earnings Call TranscriptAugust 9, 2023 | seekingalpha.comMITT.PA AG Mortgage Investment Trust, Inc. 8.25% PFD SER AAugust 9, 2023 | benzinga.comMITT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of AG Mortgage Investment Trust, Inc. Is Fair to ShareholdersSeptember 28, 2023 | The Oxford Club (Ad)Better Than Oil Stocks?The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. August 8, 2023 | finance.yahoo.comQ2 2023 AG Mortgage Investment Trust Inc Earnings CallAugust 7, 2023 | finance.yahoo.comAG Mortgage Investment Trust, Inc. Reports Second Quarter 2023 ResultsAugust 4, 2023 | benzinga.comPreview: AG Mortgage Investment's EarningsJuly 26, 2023 | seekingalpha.comTerra Property Trust picks up 5.2% stake in AG Mortgage InvestmentJuly 25, 2023 | finance.yahoo.comTerra Property Trust Acquires 5.2% Stake in AG Mortgage Investment Trust to Unlock ValueJuly 13, 2023 | finance.yahoo.comUPDATE 1-Angelo Gordon-backed REIT in $300 million bid for Western Asset MortgageJuly 13, 2023 | finance.yahoo.comTERRA PROPERTY TRUST REAFFIRMS INTENTION TO MERGE WITH WESTERN ASSET MORTGAGE CAPITAL CORPORATIONJuly 13, 2023 | reuters.comAngelo Gordon-backed REIT in $300 mln bid for Western Asset MortgageJuly 13, 2023 | finance.yahoo.comAG Mortgage Investment Trust Submits Offer to Acquire Western Asset Mortgage Capital Corporation for Implied Price of $9.88 Per ShareJuly 12, 2023 | seekingalpha.comMITT.PA And MITT.PC; Still Getting A Hold Rating At BestJune 29, 2023 | wsj.comAG Mortgage Investment Trust Inc. 8% Pfd. Series CMay 26, 2023 | msn.comAG Mortgage: Good Signs Are Popping Up, But Still Not EnoughMay 11, 2023 | investing.comAG Mortgage Investment Trust Inc Pref Series C (MITT_pc)May 9, 2023 | msn.comKeefe, Bruyette & Woods Maintains AG Mortgage Investment Trust (MITT) Market Perform RecommendationMay 6, 2023 | msn.comAG Mortgage Investment Trust Q1 2023 Earnings PreviewMay 5, 2023 | msn.comAG Mortgage IT: Q1 Earnings InsightsMay 5, 2023 | finance.yahoo.comAG Mortgage Investment Trust, Inc. Reports First Quarter 2023 ResultsMay 4, 2023 | markets.businessinsider.comAG Mortgage Investment Trust is about to announce its earnings — here's what to expectSee More Headlines Receive MITT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AG Mortgage Investment Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address MITT Company Calendar Ex-Dividend for 7/31 Dividend6/29/2023Dividend Payable7/31/2023Last Earnings8/07/2023Today9/28/2023Ex-Dividend for 10/31 Dividend9/28/2023Dividend Payable10/31/2023Next Earnings (Estimated)11/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryMortgage REITs SectorFinance Current SymbolNYSE:MITT CUSIP00122810 CIK1514281 Webwww.agmortgageinvestmenttrust.com Phone(212) 692-2110FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$7.13 High Stock Price Forecast$8.00 Low Stock Price Forecast$6.50 Forecasted Upside/Downside+30.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.55 Trailing P/E Ratio9.91 Forward P/E RatioN/A P/E GrowthN/ANet Income$-53,100,000.00 Net Margins13.01% Pretax Margin13.87% Return on Equity8.75% Return on Assets0.47% Debt Debt-to-Equity Ratio17.19 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$180.30 million Price / Sales0.61 Cash Flow$1.14 per share Price / Cash Flow4.80 Book Value$10.98 per share Price / Book0.50Miscellaneous Outstanding Shares20,220,000Free Float19,309,000Market Cap$110.20 million OptionableOptionable Beta1.88 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Thomas J. Durkin (Age 40)Pres, CEO & Exec. Director Mr. Nicholas Smith (Age 42)Chief Investment Officer & Director Mr. Anthony W. Rossiello (Age 35)CFO, Treasurer & Principal Accounting Officer Karen WerbelInvestor RelationsMs. Jenny B. Neslin (Age 40)Gen. Counsel & Sec. Mr. Andrew Parks (Age 51)Chief Risk Officer More ExecutivesKey CompetitorsWestern Asset Mortgage CapitalNYSE:WMCInvesco Mortgage CapitalNYSE:IVRLument Finance TrustNYSE:LFTModiv IndustrialNYSE:MDVCherry Hill Mortgage InvestmentNYSE:CHMIView All CompetitorsInstitutional OwnershipGoldman Sachs Group Inc.Sold 19,958 shares on 8/15/2023Ownership: 0.295%Citadel Advisors LLCSold 2,700 shares on 8/15/2023Ownership: 0.000%BlackRock Inc.Bought 8,469 shares on 8/11/2023Ownership: 1.868%Renaissance Technologies LLCBought 21,700 shares on 8/11/2023Ownership: 0.744%PEAK6 Investments LLCSold 14,900 shares on 8/11/2023Ownership: 0.000%View All Institutional Transactions MITT Stock - Frequently Asked Questions Should I buy or sell AG Mortgage Investment Trust stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AG Mortgage Investment Trust in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MITT shares. View MITT analyst ratings or view top-rated stocks. What is AG Mortgage Investment Trust's stock price forecast for 2023? 4 equities research analysts have issued 12 month price targets for AG Mortgage Investment Trust's shares. Their MITT share price forecasts range from $6.50 to $8.00. On average, they anticipate the company's stock price to reach $7.13 in the next year. This suggests a possible upside of 30.7% from the stock's current price. View analysts price targets for MITT or view top-rated stocks among Wall Street analysts. How have MITT shares performed in 2023? AG Mortgage Investment Trust's stock was trading at $5.31 at the beginning of the year. Since then, MITT shares have increased by 2.6% and is now trading at $5.45. View the best growth stocks for 2023 here. When is AG Mortgage Investment Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023. View our MITT earnings forecast. How were AG Mortgage Investment Trust's earnings last quarter? AG Mortgage Investment Trust, Inc. (NYSE:MITT) announced its quarterly earnings data on Monday, August, 7th. The real estate investment trust reported $0.08 EPS for the quarter, missing the consensus estimate of $0.11 by $0.03. The real estate investment trust had revenue of $60.79 million for the quarter. AG Mortgage Investment Trust had a trailing twelve-month return on equity of 8.75% and a net margin of 13.01%. How often does AG Mortgage Investment Trust pay dividends? What is the dividend yield for AG Mortgage Investment Trust? AG Mortgage Investment Trust announced a quarterly dividend on Friday, September 15th. Investors of record on Friday, September 29th will be given a dividend of $0.18 per share on Tuesday, October 31st. This represents a $0.72 annualized dividend and a yield of 13.21%. The ex-dividend date is Thursday, September 28th. Read our dividend analysis for MITT. Is AG Mortgage Investment Trust a good dividend stock? AG Mortgage Investment Trust (NYSE:MITT) pays an annual dividend of $0.72 per share and currently has a dividend yield of 12.88%. MITT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 130.91%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for MITT. When did AG Mortgage Investment Trust's stock split? AG Mortgage Investment Trust shares reverse split before market open on Friday, July 23rd 2021. The 1-3 reverse split was announced on Friday, July 23rd 2021. The number of shares owned by shareholders was adjusted after the market closes on Friday, July 23rd 2021. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split. What other stocks do shareholders of AG Mortgage Investment Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other AG Mortgage Investment Trust investors own include Invesco Mortgage Capital (IVR), Energy Transfer (ET), New York Mortgage Trust (NYMT), AGNC Investment (AGNC), New Residential Investment (NRZ), Annaly Capital Management (NLY), NGL Energy Partners (NGL), AT&T (T), MFA Financial (MFA) and Chimera Investment (CIM). What is AG Mortgage Investment Trust's stock symbol? AG Mortgage Investment Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "MITT." Who are AG Mortgage Investment Trust's major shareholders? AG Mortgage Investment Trust's stock is owned by many different institutional and retail investors. Top institutional investors include Beach Point Capital Management LP (10.30%), BlackRock Inc. (1.87%), Geode Capital Management LLC (1.18%), Wolverine Asset Management LLC (0.78%), Renaissance Technologies LLC (0.74%) and AlphaCentric Advisors LLC (0.52%). Insiders that own company stock include David N Roberts, Joseph Lamanna and Matthew Jozoff. View institutional ownership trends. How do I buy shares of AG Mortgage Investment Trust? Shares of MITT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is AG Mortgage Investment Trust's stock price today? One share of MITT stock can currently be purchased for approximately $5.45. How much money does AG Mortgage Investment Trust make? AG Mortgage Investment Trust (NYSE:MITT) has a market capitalization of $110.20 million and generates $180.30 million in revenue each year. The real estate investment trust earns $-53,100,000.00 in net income (profit) each year or $0.55 on an earnings per share basis. How can I contact AG Mortgage Investment Trust? AG Mortgage Investment Trust's mailing address is 245 PARK AVENUE 26TH FLOOR, NEW YORK NY, 10167. The official website for the company is www.agmortgageinvestmenttrust.com. The real estate investment trust can be reached via phone at (212) 692-2110 or via email at ir@agmit.com. This page (NYSE:MITT) was last updated on 9/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding AG Mortgage Investment Trust, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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