S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
5 Best Dividend Capture Stocks
Urgent Warning (Ad)
Closing prices for crude oil, gold and other commodities
Dividend King Genuine Parts Company Upgraded On Profit Guidance
Buy THIS stock before Taiwan is attacked (Ad)
11 Best Consumer Discretionary Stocks of 2023
The Bottom Is In For Accenture
Modern Day Options Trading For Beginners! (Ad)pixel
14 Best Consumer Staples Dividend Stocks
10 Best Consumer Discretionary ETFs
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
5 Best Dividend Capture Stocks
Urgent Warning (Ad)
Closing prices for crude oil, gold and other commodities
Dividend King Genuine Parts Company Upgraded On Profit Guidance
Buy THIS stock before Taiwan is attacked (Ad)
11 Best Consumer Discretionary Stocks of 2023
The Bottom Is In For Accenture
Modern Day Options Trading For Beginners! (Ad)pixel
14 Best Consumer Staples Dividend Stocks
10 Best Consumer Discretionary ETFs
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
5 Best Dividend Capture Stocks
Urgent Warning (Ad)
Closing prices for crude oil, gold and other commodities
Dividend King Genuine Parts Company Upgraded On Profit Guidance
Buy THIS stock before Taiwan is attacked (Ad)
11 Best Consumer Discretionary Stocks of 2023
The Bottom Is In For Accenture
Modern Day Options Trading For Beginners! (Ad)pixel
14 Best Consumer Staples Dividend Stocks
10 Best Consumer Discretionary ETFs
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
5 Best Dividend Capture Stocks
Urgent Warning (Ad)
Closing prices for crude oil, gold and other commodities
Dividend King Genuine Parts Company Upgraded On Profit Guidance
Buy THIS stock before Taiwan is attacked (Ad)
11 Best Consumer Discretionary Stocks of 2023
The Bottom Is In For Accenture
Modern Day Options Trading For Beginners! (Ad)pixel
14 Best Consumer Staples Dividend Stocks
10 Best Consumer Discretionary ETFs
NYSE:MITT

AG Mortgage Investment Trust - MITT Stock Forecast, Price & News

$5.52
+0.27 (+5.14%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$5.21
$5.52
50-Day Range
$5.12
$6.91
52-Week Range
$3.52
$9.65
Volume
154,659 shs
Average Volume
193,659 shs
Market Capitalization
$117.08 million
P/E Ratio
N/A
Dividend Yield
13.04%
Price Target
$7.13

AG Mortgage Investment Trust MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
29.1% Upside
$7.13 Price Target
Short Interest
Healthy
0.76% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.00 out of 5 stars

Finance Sector

539th out of 868 stocks

Real Estate Investment Trusts Industry

129th out of 190 stocks


MITT stock logo

About AG Mortgage Investment Trust (NYSE:MITT) Stock

AG Mortgage Investment Trust, Inc. is a real estate investment trust, which focuses on investing, acquiring, and managing a diversified portfolio of residential mortgage assets, other real estate-related securities and financial assets. The firm conducts its business through the following segments: Securities and Loans and Single-Family Rental Properties. Its portfolios include Agency RMBS, Residential Investments, Commercial Investments, and ABS. The company was founded on March 1, 2011 and is headquartered in New York, NY.

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.

MITT Stock News Headlines

Urgent Warning
This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …
Urgent Warning
This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …
28 Prime-Buy August Reader Dividend Dogs
See 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.

MITT Company Calendar

Last Earnings
8/03/2022
Ex-Dividend for 1/31 Dividend
12/29/2022
Dividend Payable
1/31/2023
Today
3/25/2023
Ex-Dividend for 4/28 Dividend
3/30/2023
Dividend Payable
4/28/2023
Next Earnings (Estimated)
5/05/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$7.13
High Stock Price Forecast
$8.00
Low Stock Price Forecast
$6.50
Forecasted Upside/Downside
+29.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-53,100,000.00
Pretax Margin
-23.76%

Debt

Sales & Book Value

Annual Sales
$180.30 million
Cash Flow
$1.22 per share
Book Value
$10.98 per share

Miscellaneous

Free Float
20,255,000
Market Cap
$117.08 million
Optionable
Optionable
Beta
1.85

Key Executives

  • Thomas J. Durkin
    President, Chief Executive Officer & Director
  • Anthony Rossiello
    CFO, Chief Accounting Officer & Treasurer
  • Nicholas Smith
    Director & Chief Investment Officer
  • Andy Parks
    Chief Risk Officer
  • Jenny B. Neslin
    Secretary & General Counsel













MITT Stock - Frequently Asked Questions

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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AG Mortgage Investment Trust in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MITT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MITT, but not buy additional shares or sell existing shares.
View MITT analyst ratings
or view top-rated stocks.

What is AG Mortgage Investment Trust's stock price forecast for 2023?

3 analysts have issued 12 month price targets for AG Mortgage Investment Trust's shares. Their MITT share price forecasts range from $6.50 to $8.00. On average, they predict the company's stock price to reach $7.13 in the next twelve months. This suggests a possible upside of 29.1% 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 2023?

AG Mortgage Investment Trust's stock was trading at $5.31 on January 1st, 2023. Since then, MITT shares have increased by 4.0% and is now trading at $5.52.
View the best growth stocks for 2023 here
.

Are investors shorting AG Mortgage Investment Trust?

AG Mortgage Investment Trust saw a decline in short interest in February. As of February 15th, there was short interest totaling 153,600 shares, a decline of 23.4% from the January 31st total of 200,500 shares. Based on an average daily trading volume, of 136,400 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.8% of the company's stock are short sold.
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 5th 2023.
View our MITT earnings forecast
.

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

AG Mortgage Investment Trust, Inc. (NYSE:MITT) posted its quarterly earnings results on Wednesday, August, 3rd. The real estate investment trust reported ($2.27) earnings per share for the quarter, missing the consensus estimate of ($0.08) by $2.19. AG Mortgage Investment Trust had a negative net margin of 29.45% and a positive trailing twelve-month return on equity of 7.56%.

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 Wednesday, March 15th. Investors of record on Friday, March 31st will be paid a dividend of $0.18 per share on Friday, April 28th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 13.04%. The ex-dividend date is Thursday, March 30th.
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 13.69%. MITT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for MITT.

When did AG Mortgage Investment Trust's stock split?

Shares of AG Mortgage Investment Trust 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).

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."

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 shareholders include Beach Point Capital Management LP (10.35%), Susquehanna International Group LLP (0.00%), Wolverine Asset Management LLC (1.81%), Millennium Management LLC (1.11%), Geode Capital Management LLC (0.97%) and Renaissance Technologies LLC (0.49%). Insiders that own company stock include David N Roberts, Joseph Lamanna and Matthew Jozoff.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is AG Mortgage Investment Trust's stock price today?

One share of MITT stock can currently be purchased for approximately $5.52.

How much money does AG Mortgage Investment Trust make?

AG Mortgage Investment Trust (NYSE:MITT) has a market capitalization of $117.08 million and generates $180.30 million in revenue each year. The real estate investment trust earns $-53,100,000.00 in net income (profit) each year or ($3.01) on an earnings per share basis.

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 official website for the company is www.agmortgageinvestmenttrust.com. The real estate investment trust can be reached via phone at (212) 692-2110 or via email at ir@agmit.com.

This page (NYSE:MITT) was last updated on 3/25/2023 by MarketBeat.com Staff