NYSE:MITT AG Mortgage Investment Trust (MITT) Stock Price, News & Analysis → A new way to collect income from stocks (From DTI) (Ad) Free MITT Stock Alerts $5.58 +0.02 (+0.36%) (As of 04/22/2024 ET) Add Compare Share Share Today's Range$5.57▼$5.6450-Day Range$5.46▼$6.2252-Week Range$4.82▼$6.89Volume115,007 shsAverage Volume202,943 shsMarket Capitalization$164.18 millionP/E Ratio3.55Dividend Yield12.91%Price Target$7.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get AG Mortgage Investment Trust alerts: Email Address AG Mortgage Investment Trust MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside30.0% Upside$7.25 Price TargetShort InterestHealthy0.38% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.42Based on 3 Articles This WeekInsider TradingAcquiring Shares$306,000 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.4.26 out of 5 starsFinance Sector234th out of 842 stocksReal Estate Investment Trusts Industry46th out of 176 stocks 3.4 Analyst's Opinion Consensus RatingAG Mortgage Investment Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageAG Mortgage Investment Trust has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.38% 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 0.5, 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 9.24%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipAG Mortgage Investment Trust is a leading dividend payer. It pays a dividend yield of 12.95%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAG Mortgage Investment Trust has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of AG Mortgage Investment Trust is 45.86%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MITT. Previous Next 3.6 News and Social Media Coverage News SentimentAG Mortgage Investment Trust has a news sentiment score of 1.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for AG Mortgage Investment Trust this week, compared to 1 article on an average week.Search InterestOnly 11 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 Follows3 people have added AG Mortgage Investment Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AG Mortgage Investment Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $306,000.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.20% of the stock of AG Mortgage Investment Trust is held by insiders.Percentage Held by InstitutionsOnly 27.32% of the stock of AG Mortgage Investment Trust is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of AG Mortgage Investment Trust is 3.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.51.Price to Earnings Ratio vs. SectorThe P/E ratio of AG Mortgage Investment Trust is 3.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.34.Price to Book Value per Share RatioAG Mortgage Investment Trust has a P/B Ratio of 0.53. 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 Ad The TradingPubAt first glance, this chart looks like nonsense…We can isolate the most bullish dates to buy Netflix each and every year… That’s why one former hedge fund manager calls these dates… “Hotspot Dates”But if you want the stock with “Hotspot Dates” hitting NEXT WEEK… 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.Read More MITT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MITT Stock News HeadlinesApril 20, 2024 | americanbankingnews.comJMP Securities Reiterates "Market Outperform" Rating for AG Mortgage Investment Trust (NYSE:MITT)April 6, 2024 | finance.yahoo.comAG Mortgage Investment Trust, Inc. (MITT-PC)April 23, 2024 | WealthPress (Ad)The system that called 2023’s top 7 stocks is at it again…Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.March 21, 2024 | wsj.comAG Mortgage Investment Trust Inc. 8.25% Pfd. Series AMarch 15, 2024 | businesswire.comAG Mortgage Investment Trust, Inc. Announces First Quarter 2024 Common Dividend of $0.18 per ShareFebruary 28, 2024 | nasdaq.comEx-Div Reminder for AG Mortgage Investment Trust Series B Cumulative Redeemable Preferred StockFebruary 28, 2024 | nasdaq.comEx-Div Reminder for AG Mortgage Investment Trust Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred StockFebruary 23, 2024 | investing.comAG Mortgage Investment Trust Inc Pb Pref (MITT_pb)April 23, 2024 | WealthPress (Ad)The system that called 2023’s top 7 stocks is at it again…Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.February 23, 2024 | morningstar.comAG Mortgage Investment Trust Inc MITTFebruary 23, 2024 | finance.yahoo.comQ4 2023 AG Mortgage Investment Trust Inc Earnings CallFebruary 22, 2024 | finance.yahoo.comAG Mortgage Investment Trust, Inc. Reports Full Year and Fourth Quarter 2023 ResultsFebruary 22, 2024 | finance.yahoo.comAG Mortgage Investment Trust Inc. Reports Full Year and Fourth Quarter 2023 ResultsFebruary 22, 2024 | businesswire.comAG Mortgage Investment Trust, Inc. Reports Full Year and Fourth Quarter 2023 ResultsFebruary 17, 2024 | finance.yahoo.comMITT Mar 2024 6.000 putFebruary 15, 2024 | finance.yahoo.comAG Mortgage Investment Trust, Inc. Schedules Fourth Quarter 2023 Earnings Release and Conference CallFebruary 15, 2024 | businesswire.comAG Mortgage Investment Trust, Inc. Schedules Fourth Quarter 2023 Earnings Release and Conference CallFebruary 11, 2024 | benzinga.comAG Mortgage IT Stock (NYSE:MITT) Dividends: History, Yield and DatesJanuary 31, 2024 | finance.yahoo.comAG Mortgage Investment Trust, Inc. Announces Tax Treatment of 2023 DistributionsJanuary 30, 2024 | finance.yahoo.comAG Mortgage Investment Trust, Inc. (MITT)January 23, 2024 | finance.yahoo.comAG Mortgage Investment Trust, Inc. Announces Pricing of Public Offering of Senior NotesJanuary 13, 2024 | seekingalpha.comMITT AG Mortgage Investment Trust, Inc.January 9, 2024 | finance.yahoo.comAG Mortgage Investment Trust, Inc. (MITT-PB)December 16, 2023 | msn.comAG Mortgage Investment Trust declares $0.05 dividendDecember 8, 2023 | msn.comUBS Initiates Coverage of AG Mortgage Investment Trust (MITT) with Buy RecommendationDecember 6, 2023 | finance.yahoo.comAG Mortgage Investment Trust, Inc. Completes Acquisition of Western Asset Mortgage Capital CorporationNovember 20, 2023 | msn.comAG Mortgage Investment Trust reduces interim dividend by -37.5% to $0.05/shareSee More Headlines 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 Company Calendar Last Earnings8/07/2023Ex-Dividend for 1/31 Dividend12/28/2023Dividend Payable1/31/2024Ex-Dividend for 4/30 Dividend3/27/2024Today4/22/2024Dividend Payable4/30/2024Next Earnings (Estimated)5/03/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryMortgage REITs Current SymbolNYSE:MITT CUSIP00122810 CIK1514281 Webwww.agmortgageinvestmenttrust.com Phone(212) 692-2110FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$7.25 High Stock Price Target$8.00 Low Stock Price Target$7.00 Potential Upside/Downside+30.2%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.57 Trailing P/E Ratio3.55 Forward P/E RatioN/A P/E GrowthN/ANet Income$53.78 million Net Margins20.66% Pretax Margin21.19% Return on Equity8.64% Return on Assets0.44% Debt Debt-to-Equity Ratio18.07 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$260.33 million Price / Sales0.63 Cash Flow$0.59 per share Price / Cash Flow9.52 Book Value$10.46 per share Price / Book0.53Miscellaneous Outstanding Shares29,450,000Free Float28,511,000Market Cap$164.04 million OptionableOptionable Beta1.98 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. 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 WerbelInvestor RelationsMs. Jenny B. Neslin (Age 41)General Counsel & Secretary Mr. Andrew Parks (Age 52)Chief Risk Officer Comp: $202.22kMs. Emily BoldtControllerMore ExecutivesKey CompetitorsAres Commercial Real EstateNYSE:ACREInvesco Mortgage CapitalNYSE:IVRNew York Mortgage TrustNASDAQ:NYMTBraemar Hotels & ResortsNYSE:BHROrion Office REITNYSE:ONLView All CompetitorsInsiders & InstitutionsNaviter Wealth LLCBought 4,000 shares on 4/18/2024Ownership: 0.058%Thomas DurkinBought 50,000 shares on 2/23/2024Total: $306,000.00 ($6.12/share)Napa Wealth ManagementBought 15,175 shares on 2/22/2024Ownership: 0.075%Jump Financial LLCBought 44,046 shares on 2/7/2024Ownership: 0.218%Transcend Capital Advisors LLCSold 7,500 shares on 2/5/2024Ownership: 0.137%View All Insider TransactionsView All Institutional Transactions 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 equities research analysts have issued 12-month target prices for AG Mortgage Investment Trust's stock. Their MITT share price targets range from $7.00 to $8.00. On average, they expect the company's share price to reach $7.25 in the next year. This suggests a possible upside of 30.0% 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 shares have decreased by 12.2% and is now trading at $5.5750. View the best growth stocks for 2024 here. Are investors shorting AG Mortgage Investment Trust? AG Mortgage Investment Trust saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 115,800 shares, a drop of 43.6% from the February 29th total of 205,200 shares. Based on an average trading volume of 212,700 shares, the short-interest ratio is currently 0.5 days. Currently, 0.4% of the shares of the company 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) issued its quarterly earnings data on Monday, August, 7th. The real estate investment trust reported $0.08 EPS 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 8.64%. 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, March 15th. Shareholders of record on Friday, March 29th will be given a dividend of $0.18 per share on Tuesday, April 30th. This represents a $0.72 dividend on an annualized basis and a yield of 12.91%. The ex-dividend date is Wednesday, March 27th. This is an increase from the stock's previous quarterly dividend of $0.05. 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 12.95%. MITT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 45.86%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for MITT. What ETFs hold AG Mortgage Investment Trust's stock? ETFs with the largest weight of AG Mortgage Investment Trust (NYSE:MITT) stock in their portfolio include Kingsbarn Dividend Opportunity ETF (DVDN).WisdomTree Alternative Income Fund (HYIN). When did AG Mortgage Investment Trust's stock split? Shares of AG Mortgage Investment Trust 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). Who are AG Mortgage Investment Trust's major shareholders? AG Mortgage Investment Trust's stock is owned by many different retail and institutional investors. Top institutional shareholders include Naviter Wealth LLC (0.06%). 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 4/23/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThe A.I. story nobody is telling you (Read ASAP)TradeSmithHealthcare Takes A Big Step Forward With The Help Of AIThe Bull Reporttop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap Profits[Shocking] Elon Musk’s Plan To End BanksCrypto 101 MediaUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American AlternativeMan Who Predicted 2008: “This Will be Worse.”Altimetry 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: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. 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.
