MITT

AG Mortgage Investment Trust
MITT
Market cap $222M

7.54 USD

-0.08

1.05%

At close Oct 17, 4:00 PM EDT

1 day

-1.05%

5 days

3.86%

1 month

-4.19%

3 months

-0.40%

6 months

38.10%

Year to date

21.81%

1 year

45.56%

5 years

-83.40%

About: AG Mortgage Investment Trust Inc is a real estate investment trust (REIT). It focuses on investing in a diversified risk-adjusted portfolio of residential mortgage-related assets in the U.S. mortgage market. Its objective is to provide attractive risk-adjusted returns to its stockholders over the long-term through dividends and capital appreciation. It also focuses on investing in residential mortgage-backed securities (RMBS) issued or guaranteed by a government sponsored enterprise.

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 3 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

167% more call options, than puts

Call options by funds: $534K | Put options by funds: $200K

107% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 14

29% more capital invested

Capital invested by funds: $52M [Q1] → $67.3M (+$15.3M) [Q2]

18% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 22

5% more funds holding

Funds holding: 76 [Q1] → 80 (+4) [Q2]

4.26% more ownership

Funds ownership: 30.2% [Q1] → 34.46% (+4.26%) [Q2]

See Fund Rankings

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$8

6%

upside

Avg. target

$8.50

13%

upside

High target

$9

19%

upside

3 analyst ratings

3 positive

100%

0 neutral

0%

0 negative

0%

Jones Trading Jason Weaver 77% 1-year accuracy 17 / 22 met price target	6%upside $8	Buy Maintained	5 Aug 2024
Piper Sandler Brad Capuzzi 67% 1-year accuracy 2 / 3 met price target	19%upside $9	Overweight Initiated	26 Jul 2024
JMP Securities Trevor Cranston 64% 1-year accuracy 18 / 28 met price target	13%upside $8.50	Market Outperform Maintained	19 Jul 2024

See Analyst Rankings

Financial journalist opinion

AG Mortgage Investment Trust, Inc. Announces Third Quarter 2024 Common Dividend of $0.19 per Share

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that its Board of Directors has declared a dividend of $0.19 per common share for the third quarter 2024. The dividend is payable on October 31, 2024 to shareholders of record at the close of business on September 30, 2024. About AG Mortgage Investment Trust, Inc. AG Mortgage Investment Trust, Inc. is a residential mortgage REIT with a focus on investing in a diversified risk-adjusted port.

AG Mortgage Investment Trust, Inc. Announces Third Quarter 2024 Common Dividend of $0.19 per Share

AG Mortgage Investment Trust, Inc. (MITT) Q2 2024 Earnings Call Transcript

AG Mortgage Investment Trust, Inc. (NYSE:MITT ) Q2 2024 Earnings Conference Call August 2, 2024 8:30 AM ET Corporate Participants Jenny Neslin - General Counsel T.J. Durkin - President and Chief Executive Officer Nick Smith - Chief Investment Officer Anthony Rossiello - Chief Financial Officer Conference Call Participants Doug Harter - UBS Bose George - KBW Trevor Cranston - Citizens JMP Brad Capuzzi - Piper Sandler Eric Hagen - BTIG Operator Good day and thank you for standing by.

AG Mortgage Investment Trust, Inc. (MITT) Q2 2024 Earnings Call Transcript

AG Mortgage Investment Trust, Inc. Reports Second Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. ("MITT," "we," the "Company," or "our") (NYSE: MITT) today reported financial results for the quarter ended June 30, 2024. SECOND QUARTER 2024 FINANCIAL HIGHLIGHTS $10.63 Book Value per share as of June 30, 2024 compared to $10.84 as of March 31, 2024(1) $10.37 Adjusted Book Value per share as of June 30, 2024 compared to $10.58 as of March 31, 2024(1) Decrease of (2.0)% from March 31, 2024 Quarterly economic return on equity of (0.2.

AG Mortgage Investment Trust, Inc. Reports Second Quarter 2024 Results

AG Mortgage Investment Trust, Inc. Schedules Second Quarter 2024 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release second quarter 2024 financial results prior to market open on Friday, August 2, 2024. The Company will host a conference call to discuss the results on Friday, August 2, 2024, at 8:30 a.m. Eastern Time. To participate in the call by telephone, please dial (800) 445-7795 at least five minutes prior to the start time. International callers should dial (203) 518-9848. The.

AG Mortgage Investment Trust, Inc. Schedules Second Quarter 2024 Earnings Release and Conference Call

Mortgage REITs Surging

After a terrible start to the year, mortgage REITs are hot in July. Don't tell ORC. They missed most of the rally. If only it was an opportunity to destroy book value. They're so good at that. Quick commentary on MAIN.

Mortgage REITs Surging

AG Mortgage: Double-Digit Yield From Fixed-Rate Preferred Shares With Reasonable Risk

AG Mortgage Investment Trust is a mREIT with a focus on non-agency mortgage loans. The preferred dividends have been well covered by net income both in Q1 2024 and over the past year. Coverage by market capitalization is less robust if you take preferred shares at par value, but sufficient if you account for the discount the three preferred issues trade at.

AG Mortgage: Double-Digit Yield From Fixed-Rate Preferred Shares With Reasonable Risk

AG Mortgage Investment Trust Now Offers Investors 2 Notes Maturing In 2029

AG Mortgage Investment Trust issued two 9.500% Senior Notes due in 2029 with Call protection into 2026. After a brief review of the Issuer, both bonds are reviewed and compared. The low coverage ratio is a concern, at least to my conservative investing nature. Both Notes get a Hold rating. For investors willing to accept more risk, MITT also has three preferred stocks to pick from, two yielding over 10%.

AG Mortgage Investment Trust Now Offers Investors 2 Notes Maturing In 2029

Preferreds Weekly Review: Lots Of Moving Parts In CIM

We take a look at the action in preferreds and baby bonds through the first week of June and highlight some of the key themes we are watching. Most preferred sectors rallied alongside Treasuries, with sector yields just under 7% on a yield-to-worst basis. Mortgage REIT Chimera issued a new bond, now trading at an 8.7% yield-to-worst. We discuss it in the context of its preferreds.

Preferreds Weekly Review: Lots Of Moving Parts In CIM

AG Mortgage Investment Trust, Inc. Increases Quarterly Common Dividend 5.6% to $0.19 per Share

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that its Board of Directors has declared a dividend of $0.19 per common share for the second quarter 2024, representing a 5.6% increase over the prior quarter dividend of $0.18 per common share. The dividend is payable on July 31, 2024 to shareholders of record at the close of business on June 28, 2024. “We believe in steadily increasing our dividend to align with our long-term earnings gr.

AG Mortgage Investment Trust, Inc. Increases Quarterly Common Dividend 5.6% to $0.19 per Share

New Preferred Stock And Exchange Traded Debt IPOs, May 2024

M&T Bank, Citizens Financial Group, AG Mortgage Investment Trust, Chimera Investment Corporation, and Southern California Edison priced new offerings of preferred stock and senior notes. The new shares and notes were rated by various credit rating agencies and traded temporarily on the OTC before moving to permanent symbols on the NYSE. Investors can purchase newly introduced preferred stock shares at wholesale prices on the OTC, potentially avoiding capital losses if prices drop.

New Preferred Stock And Exchange Traded Debt IPOs, May 2024

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