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S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Detecting Cancer in Mere Seconds: Early Investment Opportunity (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Detecting Cancer in Mere Seconds: Early Investment Opportunity (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Wall Street inches lower as retailers post holiday numbers
Detecting Cancer in Mere Seconds: Early Investment Opportunity (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Detecting Cancer in Mere Seconds: Early Investment Opportunity (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Detecting Cancer in Mere Seconds: Early Investment Opportunity (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Wall Street inches lower as retailers post holiday numbers
Detecting Cancer in Mere Seconds: Early Investment Opportunity (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Detecting Cancer in Mere Seconds: Early Investment Opportunity (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Detecting Cancer in Mere Seconds: Early Investment Opportunity (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Wall Street inches lower as retailers post holiday numbers
Detecting Cancer in Mere Seconds: Early Investment Opportunity (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
NYSE:MITT

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

$5.98
-0.09 (-1.48%)
(As of 03/4/2024 ET)
Today's Range
$5.98
$6.10
50-Day Range
$5.83
$6.52
52-Week Range
$4.82
$6.89
Volume
152,993 shs
Average Volume
245,709 shs
Market Capitalization
$121.04 million
P/E Ratio
3.81
Dividend Yield
3.34%
Price Target
$7.25

AG Mortgage Investment Trust MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
21.2% Upside
$7.25 Price Target
Short Interest
Healthy
0.48% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.05mentions of AG Mortgage Investment Trust in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$306,000 Bought Last Quarter
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.

2.96 out of 5 stars

Finance Sector

519th out of 869 stocks

Real Estate Investment Trusts Industry

110th out of 178 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 comprises residential investments, including non-agency loans, agency-eligible loans, re-and non-performing loans, and non-agency residential 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. The company was incorporated in 2011 and is based in New York, New York.

MITT Stock Price History

MITT Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
AG Mortgage Investment Trust Inc Pb Pref (MITT_pb)
AG Mortgage Investment Trust Inc MITT
Q4 2023 AG Mortgage Investment Trust Inc Earnings Call
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
MITT Mar 2024 6.000 put
AG Mortgage Investment Trust, Inc. (MITT)
MITT AG Mortgage Investment Trust, Inc.
AG Mortgage Investment Trust, Inc. (MITT-PB)
See More Headlines
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Company Calendar

Last Earnings
8/07/2023
Ex-Dividend for 1/2 Dividend
11/29/2023
Ex-Dividend for 1/31 Dividend
12/28/2023
Dividend Payable
1/02/2024
Dividend Payable
1/31/2024
Today
3/04/2024
Next Earnings (Estimated)
5/03/2024
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
$7.25
High Stock Price Target
$8.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+21.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$53.78 million
Pretax Margin
13.36%

Debt

Sales & Book Value

Annual Sales
$260.33 million
Cash Flow
$1.15 per share
Book Value
$10.98 per share

Miscellaneous

Free Float
19,507,000
Market Cap
$121.04 million
Optionable
Optionable
Beta
1.98
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Key Executives

  • Mr. Thomas J. Durkin (Age 41)
    President, CEO & Executive Director
  • Mr. Nicholas Smith (Age 42)
    Chief Investment Officer & Director
  • Mr. Anthony W. Rossiello (Age 36)
    CFO, Treasurer & Principal Accounting Officer
  • 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

Should I buy or sell AG Mortgage Investment Trust stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AG Mortgage Investment Trust in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MITT shares.
View MITT analyst ratings
or view top-rated stocks.

What is AG Mortgage Investment Trust's stock price target for 2024?

4 analysts have issued 1 year price objectives for AG Mortgage Investment Trust's stock. Their MITT share price targets range from $7.00 to $8.00. On average, they predict the company's share price to reach $7.25 in the next year. This suggests a possible upside of 21.2% 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 2024?

AG Mortgage Investment Trust's stock was trading at $6.35 on January 1st, 2024. Since then, MITT stock has decreased by 5.8% and is now trading at $5.98.
View the best growth stocks for 2024 here
.

Are investors shorting AG Mortgage Investment Trust?

AG Mortgage Investment Trust saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 129,000 shares, an increase of 74.3% from the January 31st total of 74,000 shares. Based on an average daily volume of 209,900 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.5% of the shares of the stock 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 Friday, May 3rd 2024.
View our MITT earnings forecast
.

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

AG Mortgage Investment Trust, Inc. (NYSE:MITT) released its earnings results on Monday, August, 7th. The real estate investment trust reported $0.08 earnings per share for the quarter, missing the consensus estimate 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 20.66% and a trailing twelve-month return on equity of 9.29%.

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 Friday, December 15th. Investors of record on Friday, December 29th will be given a dividend of $0.05 per share on Wednesday, January 31st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.34%. The ex-dividend date is Thursday, December 28th.
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 $0.20 per share and currently has a dividend yield of 3.29%. The dividend payout ratio is 12.74%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MITT.

When did AG Mortgage Investment Trust's stock split?

AG Mortgage Investment Trust shares reverse split before market open 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 market closes 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).

Who are AG Mortgage Investment Trust's major shareholders?

AG Mortgage Investment Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.58%), Northern Right Capital Management L.P. (2.89%), Beach Point Capital Management LP (2.84%), Wolverine Asset Management LLC (0.65%), GSA Capital Partners LLP (0.48%) and Bridgeway Capital Management LLC (0.42%). Insiders that own company stock include David N Roberts, Joseph Lamanna, Matthew Jozoff and Thomas Durkin.
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.

This page (NYSE:MITT) was last updated on 3/5/2024 by MarketBeat.com Staff