S&P 500   3,640.47
DOW   29,225.61
QQQ   271.87
Yes, You Can Negotiate with Franchisors. Here's How.
Biden: By 2030, 50% Of All Vehicles Will Be Electric. Sparking New "Lithium Gold Rush." (Ad)
2 Casino Stocks Worth Taking a Look At
Asian stocks follow Wall St. higher after UK calms markets
Biden: By 2030, 50% Of All Vehicles Will Be Electric. Sparking New "Lithium Gold Rush." (Ad)
This Small-Cap Healthcare Name Is Outperforming Its Index
What Cintas Can Teach Investors About This Bear Market?
Biden: By 2030, 50% Of All Vehicles Will Be Electric. Sparking New "Lithium Gold Rush." (Ad)
Wall Street drops back to lowest since 2020 as fear returns
UK's Truss defends economic plan that sent pound tumbling
S&P 500   3,640.47
DOW   29,225.61
QQQ   271.87
Yes, You Can Negotiate with Franchisors. Here's How.
Biden: By 2030, 50% Of All Vehicles Will Be Electric. Sparking New "Lithium Gold Rush." (Ad)
2 Casino Stocks Worth Taking a Look At
Asian stocks follow Wall St. higher after UK calms markets
Biden: By 2030, 50% Of All Vehicles Will Be Electric. Sparking New "Lithium Gold Rush." (Ad)
This Small-Cap Healthcare Name Is Outperforming Its Index
What Cintas Can Teach Investors About This Bear Market?
Biden: By 2030, 50% Of All Vehicles Will Be Electric. Sparking New "Lithium Gold Rush." (Ad)
Wall Street drops back to lowest since 2020 as fear returns
UK's Truss defends economic plan that sent pound tumbling
S&P 500   3,640.47
DOW   29,225.61
QQQ   271.87
Yes, You Can Negotiate with Franchisors. Here's How.
Biden: By 2030, 50% Of All Vehicles Will Be Electric. Sparking New "Lithium Gold Rush." (Ad)
2 Casino Stocks Worth Taking a Look At
Asian stocks follow Wall St. higher after UK calms markets
Biden: By 2030, 50% Of All Vehicles Will Be Electric. Sparking New "Lithium Gold Rush." (Ad)
This Small-Cap Healthcare Name Is Outperforming Its Index
What Cintas Can Teach Investors About This Bear Market?
Biden: By 2030, 50% Of All Vehicles Will Be Electric. Sparking New "Lithium Gold Rush." (Ad)
Wall Street drops back to lowest since 2020 as fear returns
UK's Truss defends economic plan that sent pound tumbling
S&P 500   3,640.47
DOW   29,225.61
QQQ   271.87
Yes, You Can Negotiate with Franchisors. Here's How.
Biden: By 2030, 50% Of All Vehicles Will Be Electric. Sparking New "Lithium Gold Rush." (Ad)
2 Casino Stocks Worth Taking a Look At
Asian stocks follow Wall St. higher after UK calms markets
Biden: By 2030, 50% Of All Vehicles Will Be Electric. Sparking New "Lithium Gold Rush." (Ad)
This Small-Cap Healthcare Name Is Outperforming Its Index
What Cintas Can Teach Investors About This Bear Market?
Biden: By 2030, 50% Of All Vehicles Will Be Electric. Sparking New "Lithium Gold Rush." (Ad)
Wall Street drops back to lowest since 2020 as fear returns
UK's Truss defends economic plan that sent pound tumbling
NYSE:MITT

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

$4.19
-0.70 (-14.31%)
(As of 09/29/2022 12:00 AM ET)
Add
Compare
Today's Range
$4.05
$4.71
50-Day Range
$4.19
$8.27
52-Week Range
$4.05
$13.49
Volume
549,323 shs
Average Volume
209,009 shs
Market Capitalization
$94.28 million
P/E Ratio
N/A
Dividend Yield
17.18%
Price Target
$11.38

AG Mortgage Investment Trust MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
171.5% Upside
$11.38 Price Target
Short Interest
Healthy
1.23% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.67mentions of AG Mortgage Investment Trust in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$59,280 Bought Last Quarter
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.

2.31 out of 5 stars

Finance Sector

602nd out of 926 stocks

Real Estate Investment Trusts Industry

134th out of 197 stocks

MITT stock logo

About AG Mortgage Investment Trust (NYSE:MITT) Stock

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-qualifying mortgages loans, government-sponsored entity non-owner occupied loans, re/non-performing loans, land related financing, and agency residential mortgage-backed securities; and commercial investments. 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.

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

28 Prime-Buy August Reader Dividend Dogs
AG Mortgage: Low Investment Portfolio Yield
AG Mortgage Investment Trust declares $0.21 dividend
AG Mortgage Investment Trust Q4 2021 Earnings Preview
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

Ex-Dividend for 7/29 Dividend
6/29/2022
Dividend Payable
7/29/2022
Last Earnings
8/03/2022
Today
9/29/2022
Ex-Dividend for 10/31 Dividend
9/29/2022
Dividend Payable
10/31/2022
Next Earnings (Estimated)
11/04/2022
Fiscal Year End
12/31/2022

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
$11.38
High Stock Price Forecast
$14.50
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+171.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$104.19 million
Pretax Margin
-11.01%

Debt

Sales & Book Value

Annual Sales
$70.66 million
Cash Flow
$1.61 per share
Book Value
$14.64 per share

Miscellaneous

Free Float
21,489,000
Market Cap
$94.28 million
Optionable
Optionable
Beta
1.58

Key Executives

  • Mr. David Nathan Roberts (Age 60)
    CEO & Exec. Chairman
  • Mr. Thomas J. Durkin (Age 39)
    Pres & Exec. Director
  • Mr. Anthony W. Rossiello (Age 34)
    CFO, Treasurer & Principal Accounting Officer
  • Mr. Nicholas Smith (Age 41)
    Chief Investment Officer
  • Karen Werbel
    Investor Relations
  • Ms. Jenny B. Neslin (Age 39)
    Gen. Counsel & Sec.
  • Mr. Andrew Parks (Age 50)
    Chief Risk Officer













MITT Stock - 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 twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MITT shares.
View MITT analyst ratings
or view top-rated stocks.

What is AG Mortgage Investment Trust's stock price forecast for 2022?

4 Wall Street analysts have issued 1 year price targets for AG Mortgage Investment Trust's shares. Their MITT share price forecasts range from $8.00 to $14.50. On average, they expect the company's stock price to reach $11.38 in the next year. This suggests a possible upside of 171.5% 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 2022?

AG Mortgage Investment Trust's stock was trading at $10.25 at the beginning of the year. Since then, MITT stock has decreased by 59.1% and is now trading at $4.19.
View the best growth stocks for 2022 here
.

Are investors shorting AG Mortgage Investment Trust?

AG Mortgage Investment Trust saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 253,400 shares, an increase of 41.4% from the August 31st total of 179,200 shares. Based on an average trading volume of 188,000 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.2% of the company's shares 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, November 4th 2022.
View our MITT earnings forecast
.

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

AG Mortgage Investment Trust, Inc. (NYSE:MITT) announced its quarterly earnings data on Wednesday, August, 3rd. The real estate investment trust reported ($2.27) EPS for the quarter, missing analysts' consensus estimates of ($0.08) by $2.19. AG Mortgage Investment Trust had a negative net margin of 14.07% and a positive trailing twelve-month return on equity of 11.37%.

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 Thursday, September 15th. Stockholders of record on Friday, September 30th will be paid a dividend of $0.21 per share on Monday, October 31st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 20.05%. The ex-dividend date of this dividend is Thursday, September 29th.
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 $0.84 per share and currently has a dividend yield of 17.18%. 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?

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 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).

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 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 $4.19.

How much money does AG Mortgage Investment Trust make?

AG Mortgage Investment Trust (NYSE:MITT) has a market capitalization of $94.28 million and generates $70.66 million in revenue each year. The real estate investment trust earns $104.19 million in net income (profit) each year or ($0.81) 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) 692-2000 or via email at ir@agmit.com.

This page (NYSE:MITT) was last updated on 9/30/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.