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AG Mortgage Investment Trust NYSE:MITT Stock Report

Last Price

US$5.62

Market Cap

US$167.3m

7D

2.9%

1Y

5.2%

Updated

24 Apr, 2024

Data

Company Financials +

AG Mortgage Investment Trust, Inc.

NYSE:MITT Stock Report

Market Cap: US$167.3m

AG Mortgage Investment Trust, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for AG Mortgage Investment Trust
Historical stock prices
Current Share PriceUS$5.62
52 Week HighUS$6.89
52 Week LowUS$4.82
Beta2
1 Month Change-8.77%
3 Month Change-12.32%
1 Year Change5.24%
3 Year Change-52.09%
5 Year Change-89.04%
Change since IPO-90.46%

Recent News & Updates

Recent updates

AG Mortgage Investment Trust Preferred Stock Update: 2 Rated Hold, 1 Rated Buy

Feb 14

AG Mortgage Investment: Income Name On Sale

Sep 11

AG Mortgage: Good Signs Are Popping Up, But Still Not Enough

May 26

AG Mortgage Investment Trust Q4 2022 Earnings Preview

Feb 22

AG Mortgage Investment Trust dividend declines by 14.3% to $0.18

Dec 20

AG Mortgage Investment Trust Non-GAAP EPS of -$0.03 misses by $0.22, Total interest income of $15.49M beats by $0.56M

Nov 04

AG Mortgage Investment: A High Yielding Relatively Risky mREIT At A Risk-Adjusted Price

Oct 24

AG Mortgage Investment sees Q3 book value sliding, while liquidity stays strong

Oct 17

AG Mortgage Investment promotes its president to CEO

Sep 22

AG Mortgage Investment Trust declares $0.21 dividend

Sep 15

AG Mortgage Investment Trust Non-GAAP EPS of $0.08

Aug 03

AG Mortgage Investment: Generating High Yield, Trading At Discount

Jun 28

AG Mortgage: Low Investment Portfolio Yield

Apr 14

AG Mortgage Investment Trust: Growing Dividend Priced At A Discount

Aug 26

AG Mortgage Investment Trust, Inc. 2021 Q1 - Results - Earnings Call Presentation

May 06

AG Mortgage Investment Trust declares $0.03 dividend

Dec 23

AG Mortgage: There Is No Recovery Coming

Dec 21

AG Mortgage Investment Trust, Inc. 2020 Q3 - Results - Earnings Call Presentation

Nov 10

AG Mortgage Investment Trust reports Q3 results

Nov 06

Shareholder Returns

MITTUS Mortgage REITsUS Market
7D2.9%3.9%1.2%
1Y5.2%2.2%24.9%

Return vs Industry: MITT exceeded the US Mortgage REITs industry which returned 3% over the past year.

Return vs Market: MITT underperformed the US Market which returned 24.7% over the past year.

Price Volatility

Is MITT's price volatile compared to industry and market?
MITT volatility
MITT Average Weekly Movement4.1%
Mortgage REITs Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: MITT has not had significant price volatility in the past 3 months.

Volatility Over Time: MITT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/aTJ Durkinwww.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

How do AG Mortgage Investment Trust's earnings and revenue compare to its market cap?
MITT fundamental statistics
Market capUS$167.29m
Earnings (TTM)US$35.44m
Revenue (TTM)US$63.66m

4.7x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MITT income statement (TTM)
RevenueUS$63.66m
Cost of RevenueUS$10.08m
Gross ProfitUS$53.58m
Other ExpensesUS$18.14m
EarningsUS$35.44m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.20
Gross Margin84.17%
Net Profit Margin55.67%
Debt/Equity Ratio1,053.2%

How did MITT perform over the long term?

See historical performance and comparison

Dividends

12.8%

Current Dividend Yield

43%

Payout Ratio
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