AG Mortgage Investment Trust (MITT)

• Market cap: $207M
• 1 day: -0.99%
• 5 days: -1.54%
• 1 month: 5.56%
• 3 months: -9.77%
• 6 months: 2.78%
• Year to date: 13.41%
• 1 year: 13.78%
• 5 years: -85.20%
• 10 years: -87.59%
• Sector: Financials
• Industry: Real Estate Investment Trusts

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.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

765% more call options, than puts

Call options by funds: $986K | Put options by funds: $114K

92% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 13

53% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 19

19% more capital invested

Capital invested by funds: $67.7M [Q2] → $80.4M (+$12.7M) [Q3]

15% more funds holding

Funds holding: 80 [Q2] → 92 (+12) [Q3]

1.62% more ownership

Funds ownership: 34.66% [Q2] → 36.29% (+1.62%) [Q3]

Research analyst outlook

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

• Low target: $8 14% upside
• Avg. target: $8 14% upside
• High target: $8 14% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Jones Trading Jason Weaver 55% 1-year accuracy 21 / 38 met price target

14% upside $8

Buy Maintained

5 Nov 2024