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 |
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AG Mortgage Investment Trust, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$7.02 |
| 52 Week High | US$7.95 |
| 52 Week Low | US$5.44 |
| Beta | 2.03 |
| 1 Month Change | 5.56% |
| 3 Month Change | -9.77% |
| 1 Year Change | 10.03% |
| 3 Year Change | -33.90% |
| 5 Year Change | -85.37% |
| Change since IPO | -88.09% |
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 | -1.4% | -5.4% | -3.5% |
| 1Y | 10.0% | -14.3% | 22.1% |
Return vs Industry: MITT exceeded the US Mortgage REITs industry which returned -14.3% over the past year.
Return vs Market: MITT underperformed the US Market which returned 22.1% over the past year.
Price Volatility
| MITT volatility | |
|---|---|
| MITT Average Weekly Movement | 3.0% |
| Mortgage REITs Industry Average Movement | 3.4% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.0% |
| 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$209.22m |
| Earnings (TTM) | US$58.33m |
| Revenue (TTM) | US$80.74m |
3.6x
P/E Ratio2.6x
P/S RatioIs MITT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MITT income statement (TTM) | |
|---|---|
| Revenue | US$80.74m |
| Cost of Revenue | US$9.94m |
| Gross Profit | US$70.80m |
| Other Expenses | US$12.47m |
| Earnings | US$58.33m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.98 |
| Gross Margin | 87.69% |
| Net Profit Margin | 72.25% |
| Debt/Equity Ratio | 1,181.8% |
How did MITT perform over the long term?
See historical performance and comparisonDividends
10.8%
Current Dividend Yield35%
Payout RatioDoes MITT pay a reliable dividends?
See MITT dividend history and benchmarks| AG Mortgage Investment Trust dividend dates | |
|---|---|
| Ex Dividend Date | Dec 31 2024 |
| Dividend Pay Date | Jan 31 2025 |
| Days until Ex dividend | 10 days |
| Days until Dividend pay date | 41 days |
Does MITT pay a reliable dividends?
See MITT dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:25 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
AG Mortgage Investment Trust, Inc. is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kenneth Bruce | BofA Global Research |
| Boris Pialloux | B. Riley Wealth |
| Eric Hagen | BTIG |