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NYSE:MITT

AG Mortgage Investment Trust (MITT) Stock Price, News & Analysis

$7.74
+0.35 (+4.74%)
(As of 07/26/2024 ET)
Today's Range
$7.50
$7.74
50-Day Range
$6.56
$7.74
52-Week Range
$4.82
$7.74
Volume
290,817 shs
Average Volume
423,481 shs
Market Capitalization
$228.10 million
P/E Ratio
4.45
Dividend Yield
9.82%
Price Target
$8.00

AG Mortgage Investment Trust MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
3.4% Upside
$8.00 Price Target
Short Interest
Healthy
2.85% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.69mentions of AG Mortgage Investment Trust in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.64 out of 5 stars

Finance Sector

715th out of 898 stocks

Real Estate Investment Trusts Industry

147th out of 181 stocks

MITT stock logo

About AG Mortgage Investment Trust Stock (NYSE:MITT)

AG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio includes residential investments, including non-agency loans, agency-eligible loans, re-and non-performing loans, and non-agency residential mortgage-backed securities, as well as commercial loans and commercial 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. AG Mortgage Investment Trust, Inc. was incorporated in 2011 and is based in New York, New York.

MITT Stock Price History

MITT Stock News Headlines

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The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
Demystifying AG Mortgage IT: Insights From 5 Analyst Reviews
Collapse of the Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
AG MORTGAGE INVESTMENT TRUST INC
See More Headlines
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Company Calendar

Last Earnings
8/07/2023
Ex-Dividend for 4/30 Dividend
3/27/2024
Dividend Payable
4/30/2024
Ex-Dividend for 7/31 Dividend
6/28/2024
Today
7/26/2024
Dividend Payable
7/31/2024
Next Earnings (Confirmed)
8/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
CUSIP
00122810
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$9.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+3.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$53.78 million
Pretax Margin
20.63%

Debt

Sales & Book Value

Annual Sales
$260.33 million
Cash Flow
$0.61 per share
Book Value
$10.46 per share

Miscellaneous

Free Float
28,531,000
Market Cap
$228.10 million
Optionable
Optionable
Beta
2.06
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Key Executives

  • Mr. Thomas J. Durkin (Age 41)
    President, CEO & Executive Director
  • Mr. Anthony W. Rossiello (Age 36)
    CFO, Treasurer & Principal Accounting Officer
  • Mr. Nicholas Smith (Age 43)
    Chief Investment Officer & Director
  • Karen Werbel
    Investor Relations
  • Ms. Jenny B. Neslin (Age 41)
    General Counsel & Secretary
  • Mr. Andrew Parks (Age 52)
    Chief Risk Officer
    Comp: $202.22k
  • Ms. Emily Boldt
    Controller

MITT Stock Analysis - Frequently Asked Questions

How have MITT shares performed this year?

AG Mortgage Investment Trust's stock was trading at $6.35 at the beginning of 2024. Since then, MITT shares have increased by 21.9% and is now trading at $7.74.
View the best growth stocks for 2024 here
.

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

AG Mortgage Investment Trust, Inc. (NYSE:MITT) posted its quarterly earnings results on Monday, August, 7th. The real estate investment trust reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.11 by $0.03. The real estate investment trust earned $60.79 million during the quarter. AG Mortgage Investment Trust had a net margin of 20.84% and a trailing twelve-month return on equity of 10.05%.

When did AG Mortgage Investment Trust's stock split?

Shares of AG Mortgage Investment Trust reverse split on the morning of 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.

Who are AG Mortgage Investment Trust's major shareholders?

AG Mortgage Investment Trust's top institutional investors include AlphaCentric Advisors LLC (0.71%), Bank of New York Mellon Corp (0.56%) and Transcend Capital Advisors LLC (0.08%). Insiders that own company stock include Thomas Durkin, Matthew Jozoff, David N Roberts and Joseph Lamanna.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of AG Mortgage Investment Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and NGL Energy Partners (NGL).

This page (NYSE:MITT) was last updated on 7/27/2024 by MarketBeat.com Staff

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