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: $516.14 million
  • Outstanding Shares: 27,705,000
Average Prices:
  • 50 Day Moving Avg: $18.43
  • 200 Day Moving Avg: $17.74
  • 52 Week Range: $13.53 - $19.38
P/E:
  • Trailing P/E Ratio: 6.66
  • Foreward P/E Ratio: 10.35
  • P/E Growth: -2.90
Sales & Book Value:
  • Annual Revenue: $109.21 million
  • Price / Sales: 4.73
  • Book Value: $18.17 per share
  • Price / Book: 1.03
Dividend:
  • Annual Dividend: $1.90
  • Dividend Yield: 10.4%
Profitability:
  • Net Margins: 51.19%
  • Return on Equity: 12.65%
  • Return on Assets: 2.02%
Debt:
  • Debt-to-Equity Ratio: 0.05%
  • Current Ratio: 1.24%
  • Quick Ratio: 1.24%
Misc:
  • Average Volume: 167,965 shs.
  • Beta: 0.89
  • Short Ratio: 5.58
 

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 declared a quarterly dividend on Monday, March 13th. Investors of record on Tuesday, March 21st will be given a dividend of $0.475 per share on Friday, April 28th. This represents a $1.90 dividend on an annualized basis and a yield of 10.20%. The ex-dividend date is Friday, March 17th. 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 quarterly earnings data on Wednesday, May, 3rd. The company reported $0.41 earnings per share for the quarter, missing analysts' consensus estimates of $0.45 by $0.04. The business had revenue of $19.80 million for the quarter. AG Mortgage Investment Trust had a return on equity of 12.65% and a net margin of 51.19%. 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, August, 2nd 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?

4 brokerages have issued 12 month price targets 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 stock price to reach $18.17 in the next twelve months. View Analyst Ratings for AG Mortgage Investment Trust.

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

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. (8.27%), LSV Asset Management (3.32%), FMR LLC (2.73%), UBS Group AG (2.10%), Rothschild Asset Management Inc. (1.62%) and Stifel Financial Corp (1.42%). 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 Renaissance Technologies LLC, FMR LLC, Morgan Stanley, JPMorgan Chase & Co., TIAA CREF Investment Management LLC, Credit Suisse AG, Menta Capital LLC and Wedbush Securities Inc.. 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 acquired by a variety of institutional investors in the last quarter, including Thrivent Financial For Lutherans, UBS Group AG, Citadel Advisors LLC, Alliancebernstein L.P., Vanguard Group Inc., Karp Capital Management Corp, Ameriprise Financial Inc. and Caxton Associates LP. 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.

How much does a share of AG Mortgage Investment Trust stock cost?

One share of AG Mortgage Investment Trust stock can currently be purchased for approximately $18.63.

Analyst Ratings

Consensus Ratings for AG Mortgage Investment Trust (NYSE:MITT) (?)
Ratings Breakdown: 4 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $18.17 (2.49% downside)

Analysts' Ratings History for AG Mortgage Investment Trust (NYSE:MITT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017Credit Suisse Group AGReiterated RatingHold$18.00N/AView 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 & CoDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 5/24/2015 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
8/2/2017        
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)
Current Year EPS Consensus Estimate: $1.77 EPS
Next Year EPS Consensus Estimate: $1.80 EPS

Dividends

Current Dividend Information for AG Mortgage Investment Trust (NYSE:MITT)
Most Recent Dividend:4/28/2017
Annual Dividend:$1.90
Dividend Yield:10.20%
Dividend Growth:-14.10% (3 Year Average)
Payout Ratio:104.40% (Trailing 12 Months of Earnings)
107.34% (Based on This Year's Estimates)
105.56% (Based on Next Year's Estimates)
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
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: 1.46%
Institutional Ownership Percentage: 62.52%
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
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
americanbankingnews.com logoAG Mortgage Investment Trust Inc (MITT) Releases Earnings Results, Misses Expectations By $0.04 EPS
www.americanbankingnews.com - May 5 at 2:30 PM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. breached its 50 day moving average in a Bearish Manner : MITT-US : May 5, 2017
finance.yahoo.com - May 5 at 9:27 AM
finance.yahoo.com logoAG Mortgage Investment Trust posts 1Q profit
finance.yahoo.com - May 4 at 6:39 PM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. Reports First Quarter 2017 Results
finance.yahoo.com - May 3 at 9:05 PM
americanbankingnews.com logoPositive News Coverage Likely to Affect AG Mortgage Investment Trust (MITT) Stock Price
www.americanbankingnews.com - May 3 at 1:01 AM
americanbankingnews.com logoAG Mortgage Investment Trust Inc (MITT) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - May 1 at 9:18 AM
americanbankingnews.com logoAG Mortgage Investment Trust (MITT) Receiving Somewhat Positive Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 27 at 6:50 PM
americanbankingnews.com logoSomewhat Positive News Coverage Extremely Likely to Affect AG Mortgage Investment Trust (MITT) Stock Price
www.americanbankingnews.com - April 21 at 6:59 PM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. Schedules First Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - April 21 at 6:24 PM
americanbankingnews.com logo Analysts Expect AG Mortgage Investment Trust Inc (MITT) to Announce $0.46 Earnings Per Share
www.americanbankingnews.com - April 18 at 12:09 AM
americanbankingnews.com logoAG Mortgage Investment Trust (MITT) Receives Coverage Optimism Rating of 0.33
www.americanbankingnews.com - April 17 at 3:54 PM
americanbankingnews.com logoAG Mortgage Investment Trust (MITT) Earns Daily Media Sentiment Rating of 0.36
www.americanbankingnews.com - April 13 at 2:14 PM
seekingalpha.com logoAG Mortgage Investment Trust declares $0.475 dividend
seekingalpha.com - March 10 at 7:50 PM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. Announces First Quarter 2017 Common Dividend of $0.475 per Share
finance.yahoo.com - March 10 at 7:50 PM
seekingalpha.com logoAG Mortgage's (MITT) CEO David Roberts on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - March 1 at 11:37 PM
businesswire.com logoAG Mortgage Investment Trust, Inc. Reports Fourth Quarter and Full Year 2016 Results - Business Wire (press release)
www.businesswire.com - March 1 at 11:37 PM
seekingalpha.com logoAG Mortgage Investment Trust, Inc. 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - March 1 at 10:54 AM
us.rd.yahoo.com logoAG Mortgage Investment Trust, Inc. Reports Fourth Quarter and Full Year 2016 Results
us.rd.yahoo.com - March 1 at 10:54 AM
us.rd.yahoo.com logo3:19 am AG Mortgage Investment Trust beats by $0.10, beats on revs
us.rd.yahoo.com - March 1 at 10:54 AM
sg.finance.yahoo.com logoAG Mortgage Investment Trust posts 4Q loss
us.rd.yahoo.com - March 1 at 10:54 AM
biz.yahoo.com logoQ4 2016 AG Mortgage Investment Trust Inc Earnings Release - After Market Close
biz.yahoo.com - February 28 at 10:08 AM
nasdaq.com logoAG Mortgage Investment Trust Series B Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket
www.nasdaq.com - February 22 at 6:43 PM
businesswire.com logoAG Mortgage Investment Trust, Inc. Announces Preferred Dividends Payable on March 17, 2017 - Business Wire (press release)
www.businesswire.com - February 17 at 3:17 PM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. Announces Preferred Dividends Payable on March 17, 2017
finance.yahoo.com - February 16 at 6:09 PM
biz.yahoo.com logoAG MORTGAGE INVESTMENT TRUST, INC. Files SEC form 8-K, Other Events
biz.yahoo.com - February 14 at 8:06 PM
businesswire.com logoAG Mortgage Investment Trust, Inc. Schedules Fourth Quarter 2016 Earnings Release and Conference Call - Business Wire (press release)
www.businesswire.com - February 11 at 6:41 PM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. Schedules Fourth Quarter 2016 Earnings Release and Conference Call
finance.yahoo.com - February 10 at 7:24 PM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. Announces Tax Treatment of 2016 Dividend Distributions
finance.yahoo.com - January 20 at 7:20 PM
zacks.com logoApollo Commercial Discloses 2016 Transaction Activities
www.zacks.com - January 10 at 7:31 AM
finance.yahoo.com logoNewcastle Investment (NCT) Looks Good: Stock Rises by 5%
finance.yahoo.com - December 16 at 7:14 PM
seekingalpha.com logoAG Mortgage Investment Trust goes ex-dividend today
seekingalpha.com - December 15 at 6:42 AM
nasdaq.com logoAG Mortgage Investment Trust, Inc. (MITT) Ex-Dividend Date Scheduled for December 15, 2016 - Nasdaq
www.nasdaq.com - December 15 at 6:12 AM
thestreet.com logoAG Mortgage Investment Trust About To Put More Money In Your Pocket (MITT)
www.thestreet.com - December 14 at 7:16 PM
finance.yahoo.com logoAG Mortgage (MITT): Strong Industry, Solid Earnings Estimate Revisions
finance.yahoo.com - December 8 at 9:58 AM
businesswire.com logoAG Mortgage Investment Trust, Inc. Announces Fourth Quarter 2016 Common Dividend of $0.475 per Share - Business Wire (press release)
www.businesswire.com - December 6 at 6:21 PM
finance.yahoo.com logoAG Mortgage Investment Trust, Inc. Announces Fourth Quarter 2016 Common Dividend of $0.475 per Share
finance.yahoo.com - December 6 at 6:21 PM

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AG Mortgage Investment Trust (MITT) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff