NYSE:MITT AG Mortgage Investment Trust (MITT) Stock Forecast, Price & News $5.97 -0.03 (-0.50%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$5.95▼$6.0450-Day Range$5.02▼$5.9752-Week Range$3.52▼$8.39Volume30,065 shsAverage Volume63,441 shsMarket Capitalization$120.89 millionP/E RatioN/ADividend Yield12.06%Price Target$7.13 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media AG Mortgage Investment Trust MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside19.3% Upside$7.13 Price TargetShort InterestHealthy0.94% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider 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.1.69 out of 5 starsFinance Sector752nd out of 856 stocksReal Estate Investment Trusts Industry168th out of 190 stocks 2.3 Analyst's Opinion Consensus RatingAG Mortgage Investment Trust has received a consensus rating of 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 19.3% from its current price of $5.97.Amount of Analyst CoverageAG Mortgage Investment Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.94% 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 1.3, 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 decreased by 15.62%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipAG Mortgage Investment Trust is a leading dividend payer. It pays a dividend yield of 12.00%, 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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MITT. Previous Next 0.6 News and Social Media Coverage Search InterestOnly 22 people have searched for MITT on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.MarketBeat Follows5 people have added AG Mortgage Investment Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 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 39.66% of the stock of AG Mortgage Investment Trust is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of AG Mortgage Investment Trust is -3.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of AG Mortgage Investment Trust is -3.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAG Mortgage Investment Trust has a P/B Ratio of 0.54. 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. is a real estate investment trust, which focuses on investing, acquiring, and managing a diversified portfolio of residential mortgage assets, other real estate-related securities and financial assets. The firm conducts its business through the following segments: Securities and Loans and Single-Family Rental Properties. Its portfolios include Agency RMBS, Residential Investments, Commercial Investments, and ABS. The company was founded on March 1, 2011 and is headquartered in New York, NY.Read More 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 Stock News HeadlinesMay 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)June 10, 2023 | Vantage Point (Ad)Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. May 9, 2023 | msn.comKeefe, Bruyette & Woods Maintains AG Mortgage Investment Trust (MITT) Market Perform RecommendationMay 9, 2023 | americanbankingnews.comBrokerages Set AG Mortgage Investment Trust, Inc. (NYSE:MITT) Price Target at $7.13May 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 ResultsJune 10, 2023 | Vantage Point (Ad)Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. May 4, 2023 | markets.businessinsider.comAG Mortgage Investment Trust is about to announce its earnings — here's what to expectApril 16, 2023 | americanbankingnews.comAG Mortgage Investment Trust, Inc. (NYSE:MITT) Receives Consensus Rating of "Hold" from BrokeragesApril 13, 2023 | americanbankingnews.comJonestrading Reiterates Buy Rating for AG Mortgage Investment Trust (NYSE:MITT)March 16, 2023 | msn.comAG Mortgage Investment Trust declares $0.18 dividendMarch 13, 2023 | benzinga.comAG Mortgage Investment Stock (NYSE:MITT), Short Interest ReportMarch 12, 2023 | benzinga.comAG Mortgage Investment Stock (NYSE:MITT), Trade IdeasFebruary 27, 2023 | finance.yahoo.comAG Mortgage Investment Trust, Inc. (NYSE:MITT) most popular amongst individual investors who own 59% of the shares, institutions hold 24%February 26, 2023 | finance.yahoo.comAG Mortgage Investment Trust, Inc. (NYSE:MITT) Q4 2022 Earnings Call TranscriptFebruary 25, 2023 | msn.comAG Mortgage Investment Trust GAAP EPS of $0.33February 25, 2023 | seekingalpha.comAG Mortgage Investment Trust Inc (MITT) Q4 2022 Earnings Call TranscriptFebruary 23, 2023 | finance.yahoo.comAG Mortgage Investment Trust, Inc. Reports Full Year and Fourth Quarter 2022 ResultsFebruary 16, 2023 | finance.yahoo.comAG Mortgage Investment Trust, Inc. Schedules Fourth Quarter 2022 Earnings Release and Conference CallJanuary 16, 2023 | finance.yahoo.comOne AG Mortgage Investment Trust, Inc. (NYSE:MITT) insider upped their stake in the previous yearNovember 4, 2022 | seekingalpha.comAG Mortgage Investment Q3 earnings reflect weaker book value, NII as macro woes biteNovember 4, 2022 | finance.yahoo.comAG Mortgage Investment Trust, Inc. Reports Third Quarter 2022 ResultsOctober 28, 2022 | finance.yahoo.comAG Mortgage Investment Trust, Inc. Schedules Third Quarter 2022 Earnings Release and Conference CallOctober 24, 2022 | seekingalpha.comAG Mortgage Investment: A High Yielding Relatively Risky mREIT At A Risk-Adjusted PriceOctober 17, 2022 | marketwatch.comAG Mortgage Investment Trust Rises 17% After Hours on 3Q UpdateSee More Headlines MITT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MITT Company Calendar Last Earnings8/03/2022Ex-Dividend for 4/28 Dividend3/30/2023Dividend Payable4/28/2023Today6/09/2023Next Earnings (Estimated)8/02/2023Fiscal 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+19.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($1.89) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-53,100,000.00 Net Margins-13.37% Pretax Margin-9.37% Return on Equity8.65% Return on Assets0.49% Debt Debt-to-Equity Ratio17.13 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$180.30 million Price / Sales0.67 Cash Flow$1.17 per share Price / Cash Flow5.11 Book Value$10.98 per share Price / Book0.54Miscellaneous Outstanding Shares20,250,000Free Float19,336,000Market Cap$120.89 million OptionableOptionable Beta1.86 Key ExecutivesThomas J. DurkinPresident, Chief Executive Officer & DirectorAnthony RossielloCFO, Chief Accounting Officer & TreasurerNicholas SmithDirector & Chief Investment OfficerAndy ParksChief Risk OfficerJenny B. NeslinSecretary & General CounselKey CompetitorsWestern Asset Mortgage CapitalNYSE:WMCInvesco Mortgage CapitalNYSE:IVRArlington Asset InvestmentNYSE:AAICModivNYSE:MDVIndustrial Logistics Properties TrustNASDAQ:ILPTView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Bought 7,852 shares on 5/18/2023Ownership: 0.039%Providence Capital Advisors LLCBought 7,914 shares on 5/17/2023Ownership: 0.047%Susquehanna International Group LLPSold 37,900 shares on 5/16/2023Ownership: 0.000%Geode Capital Management LLCSold 2,021 shares on 5/16/2023Ownership: 1.045%Jane Street Group LLCBought 2,665 shares on 5/16/2023Ownership: 0.065%View All Insider TransactionsView All Institutional Transactions MITT Stock - Frequently Asked Questions Should I buy or sell AG Mortgage Investment Trust stock right now? 4 Wall Street equities 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 equities research analysts is that investors should "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 stock. Their MITT share price forecasts range from $6.50 to $8.00. On average, they expect the company's stock price to reach $7.13 in the next year. This suggests a possible upside of 19.3% 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 start of the year. Since then, MITT stock has increased by 12.4% and is now trading at $5.97. View the best growth stocks for 2023 here. Are investors shorting AG Mortgage Investment Trust? AG Mortgage Investment Trust saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 170,700 shares, a decrease of 15.6% from the April 30th total of 202,300 shares. Based on an average trading volume of 128,900 shares, the short-interest ratio is currently 1.3 days. Approximately 0.9% of the company's shares are sold short. View AG Mortgage Investment Trust's Short Interest. When is AG Mortgage Investment Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our MITT earnings forecast. How were AG Mortgage Investment Trust's earnings last quarter? AG Mortgage Investment Trust, Inc. (NYSE:MITT) posted its quarterly earnings results on Wednesday, August, 3rd. The real estate investment trust reported ($2.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by $2.19. AG Mortgage Investment Trust had a positive trailing twelve-month return on equity of 8.65% and a negative net margin of 13.37%. How often does AG Mortgage Investment Trust pay dividends? What is the dividend yield for AG Mortgage Investment Trust? AG Mortgage Investment Trust declared a quarterly dividend on Wednesday, March 15th. Investors of record on Friday, March 31st will be paid a dividend of $0.18 per share on Friday, April 28th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 12.06%. The ex-dividend date is Thursday, March 30th. 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 12.10%. MITT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for MITT. When did AG Mortgage Investment Trust's stock split? AG Mortgage Investment Trust's stock reverse split 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 closing bell 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 a variety of retail and institutional investors. Top institutional shareholders include Beach Point Capital Management LP (10.99%), Susquehanna International Group LLP (0.00%), BlackRock Inc. (1.83%), Wolverine Asset Management LLC (1.10%), Geode Capital Management LLC (1.04%) and Renaissance Technologies LLC (0.64%). 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 $5.97. How much money does AG Mortgage Investment Trust make? AG Mortgage Investment Trust (NYSE:MITT) has a market capitalization of $120.89 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 ($1.89) 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 6/10/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.