NYSE:MITT - AG Mortgage Investment Trust Stock Price, News, & Analysis

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$17.45 +0.10 (+0.58 %)
(As of 03/26/2019 07:15 AM ET)
Previous Close$17.35
Today's Range$17.27 - $17.50
52-Week Range$15.52 - $19.69
Volume330,497 shs
Average Volume409,131 shs
Market Capitalization$561.89 million
P/E Ratio7.89
Dividend Yield11.53%
Beta0.92
AG Mortgage Investment Trust, Inc., a real estate investment trust, focuses on investing in, acquiring, and managing a portfolio of residential mortgage assets, other real estate-related securities, and financial assets. The company invests in residential mortgage-backed securities (RMBS) issued or guaranteed by a U.S. government agency or U.S. government-sponsored entities; and fixed- and floating-rate residential non-agency RMBS that are not issued by a U.S. government agencies or U.S. government-sponsored entities. The company also invests in other real estate-related assets and financial assets, including fixed- and floating-rate commercial mortgage-backed securities, such as investment grade and non-investment grade classes; residential mortgage loans secured by residential real property; and commercial mortgage loans secured by commercial real property comprising mezzanine loans and preferred equity. In addition, its other real estate-related assets and financial assets investments include first or second lien loans, subordinate interests in first mortgages, and mezzanine financing secured by interests in commercial real estate, as well as bridge loans to be used in the acquisition, construction, or redevelopment of a property; other real estate structured finance products, mortgage servicing rights, real estate-related loans and securities, and other financial assets; and investment grade and non-investment grade debt and equity tranches of securitizations backed by various asset classes, such as small balance commercial mortgages, aircraft, automobiles, credit cards, equipment, manufactured housing, franchises, recreational vehicles, and student loans. 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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
CUSIP00122810
Phone212-692-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$156.48 million
Cash Flow$2.0104 per share
Book Value$17.21 per share

Profitability

Net Income$1.57 million

Miscellaneous

EmployeesN/A
Market Cap$561.89 million
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable

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

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 declared a quarterly dividend on Monday, March 18th. Shareholders of record on Friday, March 29th will be given a dividend of $0.50 per share on Tuesday, April 30th. This represents a $2.00 annualized dividend and a yield of 11.46%. The ex-dividend date is Thursday, March 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) announced its quarterly earnings results on Tuesday, February, 26th. The real estate investment trust reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.52 by $0.05. AG Mortgage Investment Trust had a return on equity of 12.97% and a net margin of 1.00%. View AG Mortgage Investment Trust's Earnings History.

When is AG Mortgage Investment Trust's next earnings date?

AG Mortgage Investment Trust is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for AG Mortgage Investment Trust.

Has AG Mortgage Investment Trust been receiving favorable news coverage?

Media stories about MITT stock have trended somewhat negative this week, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. AG Mortgage Investment Trust earned a news impact score of -1.5 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term.

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

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 AGNC Investment (AGNC), Energy Transfer LP Unit (ET), New Residential Investment (NRZ), Invesco Mortgage Capital (IVR), Ford Motor (F), AT&T (T), MFA FINL INC/SH (MFA), ANNALY CAP MGMT/SH (NLY), Cherry Hill Mortgage Investment (CHMI) and NY MTG TR INC/SH (NYMT).

Who are AG Mortgage Investment Trust's key executives?

AG Mortgage Investment Trust's management team includes the folowing people:
  • Mr. David Nathan Roberts, Chairman, CEO & Pres (Age 57)
  • Mr. Brian Chad Sigman, CFO, Treasurer & Director (Age 41)
  • Mr. Raul Enrique Moreno, Gen. Counsel & Sec. (Age 38)
  • Mr. Andrew Parks, Chief Risk Officer (Age 47)
  • Mr. Thomas J. Durkin, Chief Investment Officer & Director (Age 36)

Who are AG Mortgage Investment Trust's major shareholders?

AG Mortgage Investment Trust's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.81%), LSV Asset Management (3.34%), Prudential Financial Inc. (1.74%), Rothschild & Co. Asset Management US Inc. (1.31%), Northern Trust Corp (1.28%) and Geode Capital Management LLC (1.10%). Company insiders that own AG Mortgage Investment Trust stock include Brian C Sigman, David N Roberts and Thomas Durkin. View Institutional Ownership Trends for AG Mortgage Investment Trust.

Which institutional investors are selling AG Mortgage Investment Trust stock?

MITT stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Connor Clark & Lunn Investment Management Ltd., Millennium Management LLC, Stifel Financial Corp, Bank of America Corp DE, Barclays PLC, MetLife Investment Advisors LLC and Wedbush Securities Inc.. View Insider Buying and Selling for AG Mortgage Investment Trust.

Which institutional investors are buying AG Mortgage Investment Trust stock?

MITT stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Thrivent Financial for Lutherans, Martingale Asset Management L P, D. E. Shaw & Co. Inc., Los Angeles Capital Management & Equity Research Inc., ClariVest Asset Management LLC, Dupont Capital Management Corp and SG Americas Securities LLC. Company insiders that have bought AG Mortgage Investment Trust stock in the last two years include Brian C Sigman, David N Roberts and Thomas Durkin. View Insider Buying and Selling for AG Mortgage Investment Trust.

How do I buy shares of AG Mortgage Investment Trust?

Shares of MITT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 MITT stock can currently be purchased for approximately $17.45.

How big of a company is AG Mortgage Investment Trust?

AG Mortgage Investment Trust has a market capitalization of $561.89 million and generates $156.48 million in revenue each year.

What is AG Mortgage Investment Trust's official website?

The official website for AG Mortgage Investment Trust is http://www.agmortgageinvestmenttrust.com.

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 real estate investment trust can be reached via phone at 212-692-2000 or via email at [email protected]


MarketBeat Community Rating for AG Mortgage Investment Trust (NYSE MITT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  241 (Vote Outperform)
Underperform Votes:  249 (Vote Underperform)
Total Votes:  490
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 MITT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MITT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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