AG Mortgage Investment Trust Company Profile (NYSE:MITT)

About AG Mortgage Investment Trust (NYSE:MITT)

AG Mortgage Investment Trust logoAG Mortgage Investment Trust, Inc. is a real estate investment trust (REIT). The Company focuses on investing in, acquiring and managing a diversified portfolio of residential mortgage assets, other real estate-related securities and financial assets, which the Company refers to as its target assets. It also focuses on investing in residential mortgage-backed securities (RMBS) issued or guaranteed by a government-sponsored enterprise, such as The Federal National Mortgage Association (Fannie Mae) or The Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, GSEs), or any agency of the United States Government, such as The Government National Mortgage Association (Ginnie Mae) (collectively Agency RMBS), and other real estate-related securities and financial assets, including Non-Agency RMBS, asset backed securities (ABS), commercial mortgage-backed securities (CMBS) and loans.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $544.88 million
  • Outstanding Shares: 27,828,000
Average Prices:
  • 50 Day Moving Avg: $19.12
  • 200 Day Moving Avg: $18.55
  • 52 Week Range: $14.61 - $19.65
P/E:
  • Trailing P/E Ratio: 6.04
  • P/E Growth: -6.27
Sales & Book Value:
  • Annual Revenue: $119.69 million
  • Price / Sales: 4.53
  • Book Value: $18.77 per share
  • Price / Book: 1.04
Dividend:
  • Annual Dividend: $1.90
  • Dividend Yield: 9.7%
Profitability:
  • Net Margins: 85.21%
  • Return on Equity: 11.97%
  • Return on Assets: 2.12%
Debt:
  • Debt-to-Equity Ratio: 0.04%
  • Current Ratio: 1.24%
  • Quick Ratio: 1.24%
Misc:
  • Average Volume: 161,831 shs.
  • Beta: 0.92
  • Short Ratio: 5.07
 

Frequently Asked Questions for AG Mortgage Investment Trust (NYSE:MITT)

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."

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 Tuesday, September 12th. Shareholders of record on Friday, September 29th will be paid a dividend of $0.475 per share on Tuesday, October 31st. This represents a $1.90 annualized dividend and a yield of 9.75%. The ex-dividend date is Thursday, September 28th. View AG Mortgage Investment Trust's Dividend History.

How were AG Mortgage Investment Trust's earnings last quarter?

AG Mortgage Investment Trust, Inc. (NYSE:MITT) issued its earnings results on Tuesday, August, 8th. The company reported $0.47 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.03. The business earned $31.22 million during the quarter, compared to analyst estimates of $21.76 million. AG Mortgage Investment Trust had a net margin of 85.21% and a return on equity of 11.97%. The firm's quarterly revenue was up 3.4% on a year-over-year basis. During the same period last year, the business earned $0.43 EPS. View AG Mortgage Investment Trust's Earnings History.

When will AG Mortgage Investment Trust make its next earnings announcement?

AG Mortgage Investment Trust is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for AG Mortgage Investment Trust.

Where is AG Mortgage Investment Trust's stock going? Where will AG Mortgage Investment Trust's stock price be in 2017?

3 equities research analysts have issued 12 month price objectives for AG Mortgage Investment Trust's stock. Their forecasts range from $18.00 to $18.50. On average, they expect AG Mortgage Investment Trust's share price to reach $18.17 in the next year. View Analyst Ratings for AG Mortgage Investment Trust.

Are investors shorting AG Mortgage Investment Trust?

AG Mortgage Investment Trust saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 1,192,189 shares, an increase of 54.7% from the August 15th total of 770,761 shares. Based on an average daily volume of 166,438 shares, the days-to-cover ratio is currently 7.2 days. Currently, 4.4% of the company's shares are sold short.

Who are some of AG Mortgage Investment Trust's key competitors?

Who are AG Mortgage Investment Trust's key executives?

AG Mortgage Investment Trust's management team includes the folowing people:

  • David N. Roberts, Chairman of the Board, Chief Executive Officer, Chief Investment Officer
  • Jonathan Lieberman, President and Director
  • Brian Chad Sigman, Chief Financial Officer, Treasurer
  • Andrew Parks, Chief Risk Officer
  • Raul E. Moreno, General Counsel, Secretary
  • Joseph LaManna, Lead Independent Director
  • Frank Stadelmaier, Director
  • Arthur S. Ainsberg, Independent Director
  • Andrew L. Berger, Independent Director
  • Peter David Linneman Ph.D., Independent Director

Who owns AG Mortgage Investment Trust stock?

AG Mortgage Investment Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.20%), LSV Asset Management (3.27%), State Street Corp (2.48%), FMR LLC (2.03%), Rothschild Asset Management Inc. (1.62%) and Stifel Financial Corp (1.40%). View Institutional Ownership Trends for AG Mortgage Investment Trust.

Who sold AG Mortgage Investment Trust stock? Who is selling AG Mortgage Investment Trust stock?

AG Mortgage Investment Trust's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Citigroup Inc., Prudential Financial Inc., Vanguard Group Inc., California Public Employees Retirement System, Systematic Financial Management LP, LSV Asset Management and California State Teachers Retirement System. View Insider Buying and Selling for AG Mortgage Investment Trust.

Who bought AG Mortgage Investment Trust stock? Who is buying AG Mortgage Investment Trust stock?

AG Mortgage Investment Trust's stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., State Street Corp, Acadian Asset Management LLC, Principal Financial Group Inc., Susquehanna International Group LLP, Citadel Advisors LLC, Ameriprise Financial Inc. and Van ECK Associates Corp. View Insider Buying and Selling for AG Mortgage Investment Trust.

How do I buy AG Mortgage Investment Trust stock?

Shares of AG Mortgage Investment Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is AG Mortgage Investment Trust's stock price today?

One share of AG Mortgage Investment Trust stock can currently be purchased for approximately $19.48.


MarketBeat Community Rating for AG Mortgage Investment Trust (NYSE MITT)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  155 (Vote Outperform)
Underperform Votes:  172 (Vote Underperform)
Total Votes:  327
MarketBeat's community ratings are surveys of what our community members think about AG Mortgage Investment Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for AG Mortgage Investment Trust (NYSE:MITT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $18.17 (6.74% downside)

Analysts' Ratings History for AG Mortgage Investment Trust (NYSE:MITT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/10/2017Credit Suisse GroupReiterated RatingHold$18.00LowView Rating Details
5/10/2017Keefe, Bruyette & WoodsSet Price TargetHold$18.00LowView Rating Details
5/8/2017WunderlichBoost Price TargetHold$17.50 -> $18.50LowView Rating Details
8/16/2016JMP SecuritiesReiterated RatingHoldN/AView Rating Details
3/10/2016Deutsche Bank AGLower Price TargetBuy$17.50 -> $17.00N/AView Rating Details
2/29/2016Maxim GroupLower Price TargetBuy$18.50 -> $18.00N/AView Rating Details
1/15/2016Wells Fargo & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 9/21/2015 forward)

Earnings

Earnings History for AG Mortgage Investment Trust (NYSE:MITT)
Earnings by Quarter for AG Mortgage Investment Trust (NYSE:MITT)
Earnings History by Quarter for AG Mortgage Investment Trust (NYSE MITT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2017$0.47N/AView Earnings Details
8/8/2017Q2 2017$0.44$0.47$21.76 million$31.22 millionViewListenView Earnings Details
5/3/2017Q1 2017$0.45$0.41$19.80 millionViewListenView Earnings Details
2/28/2017Q416$0.47$0.57$21.88 million$23.23 millionViewListenView Earnings Details
11/3/2016Q316$0.45$0.50$22.14 million$22.05 millionViewListenView Earnings Details
8/4/2016Q216$0.46$0.43$22.72 million$21.80 millionViewListenView Earnings Details
2/25/2016Q415$0.50$0.55$26.47 millionViewListenView Earnings Details
11/4/2015Q315$0.62$0.46$28.42 million$25.00 millionViewListenView Earnings Details
8/5/2015Q215$0.63$0.65$29.65 million$29.70 millionViewListenView Earnings Details
5/6/2015Q115$0.65$0.63$30.36 million$28.87 millionViewListenView Earnings Details
2/26/2015Q414$0.63$0.65$28.41 millionViewListenView Earnings Details
11/4/2014Q314$0.61$0.63$26.61 million$29.38 millionViewListenView Earnings Details
8/5/2014Q2$0.61$0.60$29.30 millionViewListenView Earnings Details
5/6/2014Q114$0.54$0.62$30.52 million$28.00 millionViewListenView Earnings Details
11/5/2013Q313$0.55$0.45$27.69 millionViewListenView Earnings Details
8/7/2013Q213$0.81$0.83$15.43 million$34.98 millionViewListenView Earnings Details
5/6/2013Q113$0.49$12.17 million$31.74 millionViewListenView Earnings Details
11/7/2012Q312$1.03ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for AG Mortgage Investment Trust (NYSE:MITT)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for AG Mortgage Investment Trust (NYSE:MITT)
Next Dividend:10/31/2017
Annual Dividend:$1.90
Dividend Yield:9.75%
Dividend Growth:-14.10% (3 Year Average)
Payout Ratio:58.82% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for AG Mortgage Investment Trust (NYSE:MITT)

Dividend History by Quarter for AG Mortgage Investment Trust (NYSE MITT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/12/2017quarterly$0.489.88%9/28/20179/29/201710/31/2017
6/8/2017Quarterly$0.489.98%6/15/20176/19/20177/31/2017
3/13/2017quarterly$0.4810.93%3/17/20173/21/20174/28/2017
12/6/2016Quarterly$0.4812/15/201612/19/20161/31/2017
9/12/2016Quarterly$0.489/21/20169/23/201610/31/2016
6/10/2016Quarterly$0.486/16/20166/20/20167/29/2016
3/11/2016Quarterly$0.483/17/20163/21/20164/29/2016
12/10/2015Quarterly$0.4812/17/201512/21/20151/29/2016
9/10/2015$0.609/17/20159/21/201510/30/2015
6/12/2015quarterly$0.6012.91%6/18/20156/22/20157/31/2015
3/13/2015quarterly$0.6012.79%3/19/20153/23/20154/30/2015
12/4/2014quarterly$0.6012.31%12/16/201412/18/20141/27/2015
9/11/2014quarterly$0.6012.42%9/18/20149/22/201410/27/2014
6/9/2014quarterly$0.6012.33%6/17/20146/19/20147/28/2014
3/5/2014quarterly$0.6012.93%3/14/20143/18/20144/28/2014
12/5/2013quarterly$0.6015.57%12/16/201312/18/20131/27/2014
9/9/2013quarterly$0.6014.03%9/17/20139/19/201310/28/2013
6/6/2013quarterly$0.8014.06%6/14/20136/18/20137/26/2013
3/5/2013quarterly$0.8012.37%3/14/20133/18/20134/26/2013
12/6/2012quarterly$0.8012/14/201212/18/20121/28/2013
12/9/2012quarterly$0.8012.88%12/14/201212/18/20121/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for AG Mortgage Investment Trust (NYSE:MITT)
Insider Ownership Percentage: 1.57%
Institutional Ownership Percentage: 64.72%
Insider Trades by Quarter for AG Mortgage Investment Trust (NYSE:MITT)
Institutional Ownership by Quarter for AG Mortgage Investment Trust (NYSE:MITT)
Insider Trades by Quarter for AG Mortgage Investment Trust (NYSE:MITT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/6/2017Brian C SigmanCFOBuy5,700$17.69$100,833.00View SEC Filing  
3/2/2016Brian C SigmanCFOBuy6,100$12.28$74,908.00View SEC Filing  
3/17/2015Brian C SigmanCFOBuy7,500$18.80$141,000.00View SEC Filing  
5/13/2014Brian Chad SigmanCFOBuy10,000$18.31$183,100.00View SEC Filing  
11/13/2013David RobertsCEOBuy72,697$15.53$1,128,984.41View SEC Filing  
11/8/2013James VossDirectorSell1,000$15.84$15,840.00View SEC Filing  
8/19/2013David RobertsCEOBuy49,519$16.23$803,693.37View SEC Filing  
11/19/2012Allan N KrinsmanGeneral CounselBuy1,900$23.24$44,156.00View SEC Filing  
11/19/2012Jonathan LiebermanCIOBuy2,000$23.11$46,220.00View SEC Filing  
8/13/2012Andrew L BergerDirectorBuy3,000$23.25$69,750.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for AG Mortgage Investment Trust (NYSE:MITT)
Latest Headlines for AG Mortgage Investment Trust (NYSE:MITT)
Source:
DateHeadline
americanbankingnews.com logoCritical Contrast: AG Mortgage Investment Trust (MITT) versus Granite Point Mortgage Trust (GPMT)
www.americanbankingnews.com - September 20 at 8:08 AM
americanbankingnews.com logoAG Mortgage Investment Trust, Inc. (MITT) Short Interest Up 54.7% in August
www.americanbankingnews.com - September 19 at 1:20 AM
americanbankingnews.com logoAG Mortgage Investment Trust, Inc. (MITT) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - September 13 at 8:54 PM
americanbankingnews.com logoAG Mortgage Investment Trust, Inc. Announces Quarterly Dividend of $0.48 (MITT)
www.americanbankingnews.com - September 12 at 6:08 PM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. Announces Third Quarter 2017 Common Dividend of $0.475 per Share and a Special Cash Dividend of $0.10 per Share
finance.yahoo.com - September 12 at 1:45 AM
americanbankingnews.com logoAG Mortgage Investment Trust, Inc. (MITT) Rating Increased to Strong-Buy at ValuEngine
www.americanbankingnews.com - September 2 at 10:00 PM
americanbankingnews.com logoOrchid Island Capital (ORC) and AG Mortgage Investment Trust (MITT) Financial Comparison
www.americanbankingnews.com - August 24 at 1:18 PM
americanbankingnews.com logoAG Mortgage Investment Trust, Inc. (MITT) Lowered to Hold at BidaskClub
www.americanbankingnews.com - August 20 at 10:52 AM
americanbankingnews.com logoAG Mortgage Investment Trust, Inc. (MITT) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - August 19 at 6:50 PM
americanbankingnews.com logoContrasting Capital Trust (BXMT) & AG Mortgage Investment Trust (MITT)
www.americanbankingnews.com - August 18 at 10:18 PM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. Announces Preferred Dividends Payable on September 18, 2017
finance.yahoo.com - August 17 at 3:22 AM
seekingalpha.com logoAG Mortgage Investment: Is It On Your Radar Yet?
seekingalpha.com - August 15 at 1:43 AM
americanbankingnews.com logoBidaskClub Upgrades AG Mortgage Investment Trust, Inc. (NYSE:MITT) to Buy
www.americanbankingnews.com - August 13 at 9:02 AM
americanbankingnews.com logoAG Mortgage Investment Trust, Inc. (MITT) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS
www.americanbankingnews.com - August 10 at 3:22 PM
americanbankingnews.com logoAG Mortgage Investment Trust, Inc. (MITT) Stock Rating Reaffirmed by Credit Suisse Group
www.americanbankingnews.com - August 10 at 3:20 PM
finance.yahoo.com logoInvestor Network: AG Mortgage Investment Trust, Inc. to Host Earnings Call
finance.yahoo.com - August 10 at 5:29 AM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. breached its 50 day moving average in a Bullish Manner : MITT-US : August 9, 2017
finance.yahoo.com - August 10 at 5:29 AM
finance.yahoo.com logoEdited Transcript of MITT earnings conference call or presentation 9-Aug-17 1:30pm GMT
finance.yahoo.com - August 10 at 5:29 AM
finance.yahoo.com logoAG Mortgage Investment Trust posts 2Q profit
finance.yahoo.com - August 9 at 5:22 AM
seekingalpha.com logoAG Mortgage Investment Trust beats by $0.04, beats on net interest income
seekingalpha.com - August 9 at 12:10 AM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. Reports Second Quarter 2017 Results
finance.yahoo.com - August 9 at 12:10 AM
americanbankingnews.com logoAG Mortgage Investment Trust, Inc. (NYSE:MITT) Downgraded by BidaskClub
www.americanbankingnews.com - August 4 at 10:36 PM
americanbankingnews.com logoAG Mortgage Investment Trust, Inc. (NYSE:MITT) Downgraded by BidaskClub to Buy
www.americanbankingnews.com - July 29 at 2:52 PM
finance.yahoo.com logoIs AG Mortgage a Great Stock for Value Investors?
finance.yahoo.com - July 28 at 4:31 AM
americanbankingnews.com logoAG Mortgage Investment Trust, Inc. (NYSE:MITT) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - July 26 at 7:08 AM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. Schedules Second Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - July 26 at 12:20 AM
americanbankingnews.com logoAG Mortgage Investment Trust, Inc. (MITT) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - July 25 at 8:42 PM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. breached its 50 day moving average in a Bullish Manner : MITT-US : July 24, 2017
finance.yahoo.com - July 24 at 2:05 PM
americanbankingnews.com logo Brokerages Expect AG Mortgage Investment Trust, Inc. (NYSE:MITT) Will Post Earnings of $0.46 Per Share
www.americanbankingnews.com - July 24 at 11:12 AM
americanbankingnews.com logoZacks Investment Research Upgrades AG Mortgage Investment Trust, Inc. (MITT) to "Hold"
www.americanbankingnews.com - July 12 at 7:32 AM
americanbankingnews.com logoAG Mortgage Investment Trust Inc (MITT) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - July 9 at 11:32 PM
americanbankingnews.com logoAG Mortgage Investment Trust, Inc. (MITT) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - June 30 at 1:44 PM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. breached its 50 day moving average in a Bearish Manner : MITT-US : June 29, 2017
finance.yahoo.com - June 30 at 2:06 AM
americanbankingnews.com logo Brokerages Expect AG Mortgage Investment Trust, Inc. (MITT) to Announce $0.47 EPS
www.americanbankingnews.com - June 28 at 7:42 AM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. : MITT-US: Dividend Analysis : June 19th, 2017 (record date) : By the numbers : June 16, 2017
finance.yahoo.com - June 16 at 7:30 PM
americanbankingnews.com logoAG Mortgage Investment Trust Inc (MITT) Declares $0.48 Quarterly Dividend
www.americanbankingnews.com - June 9 at 1:50 PM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. Announces Second Quarter 2017 Common Dividend of $0.475 per Share
finance.yahoo.com - June 8 at 7:29 PM
americanbankingnews.com logoAG Mortgage Investment Trust Inc (MITT) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - June 5 at 12:47 PM
americanbankingnews.com logoAG Mortgage Investment Trust Inc (MITT) Upgraded at ValuEngine
www.americanbankingnews.com - June 4 at 8:06 AM
americanbankingnews.com logoAG Mortgage Investment Trust Inc (MITT) Expected to Announce Earnings of $0.47 Per Share
www.americanbankingnews.com - June 2 at 7:52 AM
finance.yahoo.com logoNew Strong Sell Stocks for May 22nd
finance.yahoo.com - May 22 at 10:07 AM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. Announces Preferred Dividends Payable on June 19, 2017
finance.yahoo.com - May 15 at 5:57 PM
americanbankingnews.com logoAG Mortgage Investment Trust Inc (MITT) PT Set at $18.00 by Keefe, Bruyette & Woods
www.americanbankingnews.com - May 13 at 5:14 PM
americanbankingnews.com logoAG Mortgage Investment Trust Inc (MITT) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - May 11 at 2:32 PM
americanbankingnews.com logoAG Mortgage Investment Trust Inc (MITT) Stock Rating Reaffirmed by Keefe, Bruyette & Woods
www.americanbankingnews.com - May 11 at 1:42 PM
americanbankingnews.com logo$0.47 EPS Expected for AG Mortgage Investment Trust Inc (MITT) This Quarter
www.americanbankingnews.com - May 8 at 10:26 PM
americanbankingnews.com logoAG Mortgage Investment Trust Inc (MITT) Given "Hold" Rating at Wunderlich
www.americanbankingnews.com - May 8 at 12:18 PM
americanbankingnews.com logoAG Mortgage Investment Trust Inc (MITT) Earns Hold Rating from Credit Suisse Group AG
www.americanbankingnews.com - May 7 at 11:16 AM
finance.yahoo.com logoEdited Transcript of MITT earnings conference call or presentation 4-May-17 1:30pm GMT
finance.yahoo.com - May 5 at 6:51 PM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. Announces “At The Market” Offering Program of Common Stock
finance.yahoo.com - May 5 at 6:51 PM

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Chart

AG Mortgage Investment Trust (MITT) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by MarketBeat.com Staff