MITT Stock Overview
Operates as a residential mortgage real estate investment trust in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
+ 1 more risk
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AG Mortgage Investment Trust, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$6.75 |
| 52 Week High | US$7.95 |
| 52 Week Low | US$5.09 |
| Beta | 2.07 |
| 11 Month Change | -10.71% |
| 3 Month Change | -2.74% |
| 1 Year Change | 31.07% |
| 33 Year Change | -36.50% |
| 5 Year Change | -85.38% |
| Change since IPO | -88.54% |
Recent News & Updates
Recent updates
AG Mortgage Investment Trust Preferred Stock Update: 2 Rated Hold, 1 Rated Buy
Feb 14AG Mortgage Investment: Income Name On Sale
Sep 11AG Mortgage: Good Signs Are Popping Up, But Still Not Enough
May 26AG Mortgage Investment Trust Q4 2022 Earnings Preview
Feb 22AG Mortgage Investment Trust dividend declines by 14.3% to $0.18
Dec 20AG Mortgage Investment Trust Non-GAAP EPS of -$0.03 misses by $0.22, Total interest income of $15.49M beats by $0.56M
Nov 04AG Mortgage Investment: A High Yielding Relatively Risky mREIT At A Risk-Adjusted Price
Oct 24AG Mortgage Investment sees Q3 book value sliding, while liquidity stays strong
Oct 17AG Mortgage Investment promotes its president to CEO
Sep 22AG Mortgage Investment Trust declares $0.21 dividend
Sep 15AG Mortgage Investment Trust Non-GAAP EPS of $0.08
Aug 03AG Mortgage Investment: Generating High Yield, Trading At Discount
Jun 28AG Mortgage: Low Investment Portfolio Yield
Apr 14AG Mortgage Investment Trust: Growing Dividend Priced At A Discount
Aug 26AG Mortgage Investment Trust, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 06AG Mortgage Investment Trust declares $0.03 dividend
Dec 23AG Mortgage: There Is No Recovery Coming
Dec 21AG Mortgage Investment Trust, Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 10AG Mortgage Investment Trust reports Q3 results
Nov 06Shareholder Returns
| MITT | US Mortgage REITs | US Market | |
|---|---|---|---|
| 7D | -1.5% | 0.5% | -1.2% |
| 1Y | 31.1% | 0.8% | 30.4% |
Return vs Industry: MITT exceeded the US Mortgage REITs industry which returned -0.3% over the past year.
Return vs Market: MITT exceeded the US Market which returned 29.7% over the past year.
Price Volatility
| MITT volatility | |
|---|---|
| MITT Average Weekly Movement | 3.2% |
| Mortgage REITs Industry Average Movement | 3.5% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: MITT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: MITT's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | n/a | TJ Durkin | www.agmit.com |
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.
AG Mortgage Investment Trust, Inc. Fundamentals Summary
| MITT fundamental statistics | |
|---|---|
| Market cap | US$198.90m |
| Earnings (TTM) | US$58.33m |
| Revenue (TTM) | US$80.74m |
3.4x
P/E Ratio2.5x
P/S RatioIs MITT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MITT income statement (TTM) | |
|---|---|
| Revenue | US$80.74m |
| Cost of Revenue | US$11.74m |
| Gross Profit | US$69.00m |
| Other Expenses | US$10.67m |
| Earnings | US$58.33m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.98 |
| Gross Margin | 85.46% |
| Net Profit Margin | 72.25% |
| Debt/Equity Ratio | 1,181.8% |
How did MITT perform over the long term?
See historical performance and comparison