Summary
6.64 0.12(1.84%)06/28/2024
AG Mortgage Investment Trust Inc (MITT)
AG Mortgage Investment Trust Inc (MITT)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -1.04 | -4.18 | -0.30 | 8.94 | 3.59 | 5.40 | -82.44 | -61.12 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 6.64 | |
| Open | 6.59 | |
| High | 6.69 | |
| Low | 6.56 | |
| Volume | 615,775 | |
| Change | -0.07 | |
| Change % | -1.04 | |
| Avg Volume (20 Days) | 250,959 | |
| Volume/Avg Volume (20 Days) Ratio | 2.45 | |
| 52 Week Range | 4.82 - 6.99 | |
| Price vs 52 Week High | -5.01% | |
| Price vs 52 Week Low | 37.76% | |
| Range | 0.76 | |
| Gap Up/Down | -0.30 | |
Fundamentals | ||
| Market Capitalization (Mln) | 196 | |
| EBIDTA | 0 | |
| PE Ratio | 4.0536 | |
| PEG Ratio | -6.5300 | |
| WallStreet Target Price | 7.38 | |
| Book Value | 10.4590 | |
| Earnings Per Share | 1.6800 | |
| EPS Estimate Current Quarter | 0.1500 | |
| EPS Estimate Next Quarter | 0.1400 | |
| EPS Estimate Current Year | 1.1000 | |
| EPS Estimate Next Year | 1.1600 | |
| Diluted EPS (TTM) | 1.6800 | |
| Revenues | ||
| Profit Marging | 0.8449 | |
| Operating Marging (TTM) | 0.7537 | |
| Return on asset (TTM) | 0.0102 | |
| Return on equity (TTM) | 0.1085 | |
| Revenue TTM | 63,656,000 | |
| Revenue per share TTM | 3.0180 | |
| Quarterly Revenue Growth (YOY) | -0.2390 | |
| Quarterly Earnings Growth (YOY) | 3.1300 | |
| Gross Profit (TTM) | -9,074,000 | |
| Dividends | ||
| Dividend Share | 0.7200 | |
| Dividend Yield | 0.0625 | |
| Valuations | ||
| Trailing PE | 4.0536 | |
| Forward PE | 7.8309 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.5395 | |
| Revenue Enterprise Value | 11.5529 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 29,473,700 | |
| Shares Float | 28,513,079 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 6.44 | |
| Institutions (%) | 27.38 | |
06/16 09:08 EST - seekingalpha.com
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
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.
06/13 16:05 EST - businesswire.com
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 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.
06/03 21:03 EST - seekingalpha.com
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
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.
06/02 15:46 EST - seekingalpha.com
Preferreds Weekly Review: Tight Spreads Make For A Compelling Issuance Environment
We take a look at the action in preferreds and baby bonds through the fourth week of May and highlight some of the key themes we are watching. Preferreds were mostly down on the week, however, remain largely in the green month-to-date. Recent senior security issuance has been steady for a number of reasons.
Preferreds Weekly Review: Tight Spreads Make For A Compelling Issuance Environment
We take a look at the action in preferreds and baby bonds through the fourth week of May and highlight some of the key themes we are watching. Preferreds were mostly down on the week, however, remain largely in the green month-to-date. Recent senior security issuance has been steady for a number of reasons.
06/02 09:00 EST - seekingalpha.com
Eyes On The ECB
U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increase of 2024. Posting a second week of modest declines following four-straight weekly gains, the S&P 500 finished lower by 0.4% on the week, but still notched its best month since February. Real estate equities also rebounded following steep declines in the prior week as a handful of REITs provided positive business updates ahead of the annual REITweek industry conference.
Eyes On The ECB
U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increase of 2024. Posting a second week of modest declines following four-straight weekly gains, the S&P 500 finished lower by 0.4% on the week, but still notched its best month since February. Real estate equities also rebounded following steep declines in the prior week as a handful of REITs provided positive business updates ahead of the annual REITweek industry conference.
05/28 16:06 EST - businesswire.com
AG Mortgage Investment Trust, Inc. Set to Join the Russell 3000® Index
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company” or “MITT”) announced today that, as part of the 36th annual reconstitution of the Russell stock indexes, MITT is expected to be included in the Russell 3000® Index effective at the open of U.S. equity markets on July 1, 2024. A preliminary list of index additions, including MITT, was posted by FTSE Russell on May 24, 2024. “We are pleased to be included in the Russell 3000® Index, one of the most widely ci.
AG Mortgage Investment Trust, Inc. Set to Join the Russell 3000® Index
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company” or “MITT”) announced today that, as part of the 36th annual reconstitution of the Russell stock indexes, MITT is expected to be included in the Russell 3000® Index effective at the open of U.S. equity markets on July 1, 2024. A preliminary list of index additions, including MITT, was posted by FTSE Russell on May 24, 2024. “We are pleased to be included in the Russell 3000® Index, one of the most widely ci.
05/15 16:05 EST - businesswire.com
AG Mortgage Investment Trust, Inc. Announces Closing of Public Offering of $65 Million Senior Notes
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it has closed its previously announced underwritten public offering of $65 million aggregate principal amount of its 9.500% senior notes due 2029 (the “Notes”). The Company has applied to list the Notes on the New York Stock Exchange under the symbol “MITP” and expects trading in the Notes on the New York Stock Exchange to begin on May 20, 2024. “We are extremely pleased to complete t.
AG Mortgage Investment Trust, Inc. Announces Closing of Public Offering of $65 Million Senior Notes
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it has closed its previously announced underwritten public offering of $65 million aggregate principal amount of its 9.500% senior notes due 2029 (the “Notes”). The Company has applied to list the Notes on the New York Stock Exchange under the symbol “MITP” and expects trading in the Notes on the New York Stock Exchange to begin on May 20, 2024. “We are extremely pleased to complete t.
05/14 13:49 EST - easternherald.com
Russian Armed Forces are ready with Bulava intercontinental missile
General designer of the Moscow Institute of Thermal Engineering (MITT) Yuri Solomonov said that the Russian Armed Forces adopted the Bulava sea-based intercontinental ballistic missile in May. “On May 7 of this year, a decree was signed on the adoption of the Bulava missile system,” Solomonov clarified. The carriers of this type of weapon in […]...
Russian Armed Forces are ready with Bulava intercontinental missile
General designer of the Moscow Institute of Thermal Engineering (MITT) Yuri Solomonov said that the Russian Armed Forces adopted the Bulava sea-based intercontinental ballistic missile in May. “On May 7 of this year, a decree was signed on the adoption of the Bulava missile system,” Solomonov clarified. The carriers of this type of weapon in […]...
05/03 17:44 EST - seekingalpha.com
AG Mortgage Investment Trust, Inc. (MITT) Q1 2024 Earnings Call Transcript
AG Mortgage Investment Trust, Inc. (NYSE:MITT ) Q1 2024 Earnings Conference Call May 3, 2024 8:30 AM ET Company Participants Jenny Neslin - General Counsel T.J. Durkin - Chief Executive Officer & President Nick Smith - Chief Investment Officer Anthony Rossiello - Chief Financial Officer Conference Call Participants Doug Harter - UBS Jason Weaver - JonesTrading Bose George - KBW Eric Hagen - BTIG Operator Good day and thank you for standing by.
AG Mortgage Investment Trust, Inc. (MITT) Q1 2024 Earnings Call Transcript
AG Mortgage Investment Trust, Inc. (NYSE:MITT ) Q1 2024 Earnings Conference Call May 3, 2024 8:30 AM ET Company Participants Jenny Neslin - General Counsel T.J. Durkin - Chief Executive Officer & President Nick Smith - Chief Investment Officer Anthony Rossiello - Chief Financial Officer Conference Call Participants Doug Harter - UBS Jason Weaver - JonesTrading Bose George - KBW Eric Hagen - BTIG Operator Good day and thank you for standing by.
05/03 06:30 EST - businesswire.com
AG Mortgage Investment Trust, Inc. Reports First 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 March 31, 2024. FIRST QUARTER 2024 FINANCIAL HIGHLIGHTS $10.84 Book Value per share as of March 31, 2024 compared to $10.46 as of December 31, 2023(1) $10.58 Adjusted Book Value per share as of March 31, 2024 compared to $10.20 as of December 31, 2023(1) Increase of 3.7% from December 31, 2023 Quarterly economic return on equit.
AG Mortgage Investment Trust, Inc. Reports First 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 March 31, 2024. FIRST QUARTER 2024 FINANCIAL HIGHLIGHTS $10.84 Book Value per share as of March 31, 2024 compared to $10.46 as of December 31, 2023(1) $10.58 Adjusted Book Value per share as of March 31, 2024 compared to $10.20 as of December 31, 2023(1) Increase of 3.7% from December 31, 2023 Quarterly economic return on equit.
04/26 16:05 EST - businesswire.com
AG Mortgage Investment Trust, Inc. Schedules First 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 first quarter 2024 financial results prior to market open on Friday, May 3, 2024. The Company will host a conference call to discuss the results on Friday, May 3, 2024, at 8:30 a.m. Eastern Time. To participate in the call by telephone, please dial (888) 632-3384 at least five minutes prior to the start time. International callers should dial (785) 424-1794. The Confer.
AG Mortgage Investment Trust, Inc. Schedules First 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 first quarter 2024 financial results prior to market open on Friday, May 3, 2024. The Company will host a conference call to discuss the results on Friday, May 3, 2024, at 8:30 a.m. Eastern Time. To participate in the call by telephone, please dial (888) 632-3384 at least five minutes prior to the start time. International callers should dial (785) 424-1794. The Confer.
04/18 19:56 EST - seekingalpha.com
10% Yields Or Higher
Most of these shares are either floating today or will float within a year. We're also including a common share where the high yield and discount to book value are big enough to be quite appealing. Of course, it also carries more risk. We're also going to highlight one lower-risk equity REIT that I find attractive following the recent decline.
10% Yields Or Higher
Most of these shares are either floating today or will float within a year. We're also including a common share where the high yield and discount to book value are big enough to be quite appealing. Of course, it also carries more risk. We're also going to highlight one lower-risk equity REIT that I find attractive following the recent decline.
03/15 16:15 EST - businesswire.com
AG Mortgage Investment Trust, Inc. Announces First Quarter 2024 Common Dividend of $0.18 per Share
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced that its Board of Directors has declared a dividend of $0.18 per common share for the first quarter 2024. The dividend is payable on April 30, 2024 to shareholders of record at the close of business on March 29, 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 portfolio of res.
AG Mortgage Investment Trust, Inc. Announces First Quarter 2024 Common Dividend of $0.18 per Share
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced that its Board of Directors has declared a dividend of $0.18 per common share for the first quarter 2024. The dividend is payable on April 30, 2024 to shareholders of record at the close of business on March 29, 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 portfolio of res.
03/10 11:15 EST - seekingalpha.com
Preferreds Weekly Review: Yield Differential Between Bonds And Preferreds Often Too Tight
Preferreds were slightly lower this week and over February, with caution required for stocks trading above "par". The fixed-income version of the "beta anomaly" shows that the yield differential between bonds and preferreds may be too low. We highlight recent issuances from HOV and MITT.
Preferreds Weekly Review: Yield Differential Between Bonds And Preferreds Often Too Tight
Preferreds were slightly lower this week and over February, with caution required for stocks trading above "par". The fixed-income version of the "beta anomaly" shows that the yield differential between bonds and preferreds may be too low. We highlight recent issuances from HOV and MITT.
02/22 11:39 EST - seekingalpha.com
AG Mortgage Investment Trust Inc. (MITT) Q4 2023 Earnings Call Transcript
AG Mortgage Investment Trust Inc. (MITT) Q4 2023 Earnings Call Transcript
AG Mortgage Investment Trust Inc. (MITT) Q4 2023 Earnings Call Transcript
AG Mortgage Investment Trust Inc. (MITT) Q4 2023 Earnings Call Transcript
02/22 06:30 EST - businesswire.com
AG Mortgage Investment Trust, Inc. Reports Full Year and Fourth Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. ("MITT," "we," the "Company," or "our") (NYSE: MITT) today reported financial results for the full year and quarter ended December 31, 2023. FULL YEAR AND FOURTH QUARTER 2023 FINANCIAL HIGHLIGHTS Full Year 2023: $10.46 Book Value per share as of December 31, 2023 compared to $11.39 as of December 31, 2022(1) $10.20 Adjusted Book Value per share as of December 31, 2023 compared to $11.03 as of December 31, 2022(1) Decrease of approxim.
AG Mortgage Investment Trust, Inc. Reports Full Year and Fourth Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. ("MITT," "we," the "Company," or "our") (NYSE: MITT) today reported financial results for the full year and quarter ended December 31, 2023. FULL YEAR AND FOURTH QUARTER 2023 FINANCIAL HIGHLIGHTS Full Year 2023: $10.46 Book Value per share as of December 31, 2023 compared to $11.39 as of December 31, 2022(1) $10.20 Adjusted Book Value per share as of December 31, 2023 compared to $11.03 as of December 31, 2022(1) Decrease of approxim.
02/15 16:15 EST - businesswire.com
AG Mortgage Investment Trust, Inc. Schedules Fourth Quarter 2023 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release fourth quarter 2023 financial results prior to market open on Thursday, February 22, 2024. The Company will host a conference call to discuss the results on Thursday, February 22, 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 (785) 424.
AG Mortgage Investment Trust, Inc. Schedules Fourth Quarter 2023 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release fourth quarter 2023 financial results prior to market open on Thursday, February 22, 2024. The Company will host a conference call to discuss the results on Thursday, February 22, 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 (785) 424.
02/14 09:00 EST - seekingalpha.com
AG Mortgage Investment Trust Preferred Stock Update: 2 Rated Hold, 1 Rated Buy
MITT is a residential mortgage real estate investment trust with a focus on investing in residential mortgage-related assets. The financials of MITT are not strong, which could be a concern. This article briefly reviews the Issuer and then in more detail the three preferred stocks MITT offers to investors. Preferreds A & B get a Hold rating. The C has an attractive YTC and if not Called, the potential for a 12% coupon when it floats later in 2024.
AG Mortgage Investment Trust Preferred Stock Update: 2 Rated Hold, 1 Rated Buy
MITT is a residential mortgage real estate investment trust with a focus on investing in residential mortgage-related assets. The financials of MITT are not strong, which could be a concern. This article briefly reviews the Issuer and then in more detail the three preferred stocks MITT offers to investors. Preferreds A & B get a Hold rating. The C has an attractive YTC and if not Called, the potential for a 12% coupon when it floats later in 2024.
01/31 16:36 EST - businesswire.com
AG Mortgage Investment Trust, Inc. Announces Tax Treatment of 2023 Distributions
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today the tax treatment of common and preferred stock distributions paid to stockholders. This information is provided to assist stockholders with tax reporting requirements related to distributions of taxable income by the Company. Stockholders should review the 2023 tax statements and/or Form 1099-DIV received from their brokerage firms or other institutions to ensure those statements agree wi.
AG Mortgage Investment Trust, Inc. Announces Tax Treatment of 2023 Distributions
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today the tax treatment of common and preferred stock distributions paid to stockholders. This information is provided to assist stockholders with tax reporting requirements related to distributions of taxable income by the Company. Stockholders should review the 2023 tax statements and/or Form 1099-DIV received from their brokerage firms or other institutions to ensure those statements agree wi.
01/25 19:15 EST - seekingalpha.com
Sweet Fantasy For High Dividend Yield Buyers
High yield investors are focused on maintaining income. Many don't understand the scenario that would best support their income. We'll walk through the scenario for one popular kind of high yield investment.
Sweet Fantasy For High Dividend Yield Buyers
High yield investors are focused on maintaining income. Many don't understand the scenario that would best support their income. We'll walk through the scenario for one popular kind of high yield investment.