Real Estate -
REIT - Mortgage - NYSE - US
$ 7.69
1.59 %
$ 227 M
Market Cap
3.23
P/E
1. INTRINSIC VALUE
Balance Sheet
AG Mortgage Investment Trust, Inc.
| Current Assets | 142 M |
| Cash & Short-Term Investments | 112 M |
| Receivables | 30.6 M |
| Other Current Assets | 0 |
| Non-Current Assets | 227 M |
| Long-Term Investments | 62.8 M |
| PP&E | 0 |
| Other Non-Current Assets | 164 M |
| Current Liabilities | 726 M |
| Accounts Payable | 23.9 M |
| Short-Term Debt | 693 M |
| Other Current Liabilities | 9.6 M |
| Non-Current Liabilities | 4.87 B |
| Long-Term Debt | 4.87 B |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
AG Mortgage Investment Trust, Inc.
| Revenue | 63.7 M |
| Cost Of Revenue | 17.5 M |
| Gross Profit | 46.1 M |
| Operating Expenses | 8.63 M |
| Operating Income | 37.5 M |
| Other Expenses | -16.3 M |
| Net Income | 53.8 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
AG Mortgage Investment Trust, Inc.
| Net Income | 53.8 M |
| Depreciation & Amortization | 211 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 380 K |
| Change in Working Capital | 2.18 M |
| Others | -26 M |
| Free Cash Flow | 28.1 M |
Wall Street Analysts Price Targets
AG Mortgage Investment Trust, Inc.
Wall Street analysts predict an average 1-year price target for MITT of $8 , with forecasts ranging from
a
low of
$7.5 to a high of $8.5 .
MITT Lowest Price Target
Wall Street Target
7.5 USD
-2.47%
MITT Average Price Target
Wall Street Target
8 USD
4.03%
MITT Highest Price Target
Wall Street Target
8.5 USD
10.53%
4. DIVIDEND
ANALYSIS
1.61%
DIVIDEND YIELD
0.19 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
AG Mortgage Investment Trust, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
24.1 K USD 1
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 year ago
Feb 28, 2024
|
Bought
24.1 K USD
|
Quateman Lisa G
Director
|
+ 4000
|
6.0299 USD |
|
1 year ago
Feb 23, 2024
|
Bought
306 K USD
|
Durkin Thomas
CEO and President
|
+ 50000
|
6.1231 USD |
|
2 years ago
Aug 05, 2022
|
Bought
59.3 K USD
|
Jozoff Matthew
director:
|
+ 8000
|
7.4127 USD |
|
2 years ago
May 10, 2022
|
Bought
222 K USD
|
Jozoff Matthew
director:
|
+ 30000
|
7.4157 USD |
|
3 years ago
Nov 29, 2021
|
Bought
51.8 K USD
|
LaManna Joseph
Director
|
+ 5000
|
10.35 USD |
|
3 years ago
Nov 29, 2021
|
Bought
51 K USD
|
LaManna Joseph
Director
|
+ 5000
|
10.2 USD |
|
3 years ago
Nov 22, 2021
|
Bought
2.05 M USD
|
ROBERTS DAVID N
Chairman and CEO
|
+ 200000
|
10.25 USD |
|
3 years ago
May 12, 2021
|
Bought
37.1 K USD
|
LaManna Joseph
Director
|
+ 10000
|
3.71 USD |
|
3 years ago
May 12, 2021
|
Bought
37.5 K USD
|
LaManna Joseph
Director
|
+ 10000
|
3.75 USD |
|
4 years ago
Mar 12, 2020
|
Bought
108 K USD
|
Durkin Thomas
Chief Investment Officer
|
+ 10000
|
10.84 USD |
|
4 years ago
Mar 12, 2020
|
Bought
534 K USD
|
ROBERTS DAVID N
CEO and President
|
+ 50000
|
10.68 USD |
|
5 years ago
May 09, 2019
|
Bought
826 K USD
|
ROBERTS DAVID N
CEO and President
|
+ 50000
|
16.53 USD |
|
6 years ago
Feb 11, 2019
|
Bought
85.2 K USD
|
Sigman Brian C.
CFO and Treasurer
|
+ 5000
|
17.05 USD |
|
6 years ago
Feb 11, 2019
|
Bought
852 K USD
|
ROBERTS DAVID N
CEO and President
|
+ 50000
|
17.05 USD |
|
6 years ago
Feb 11, 2019
|
Bought
170 K USD
|
Durkin Thomas
Chief Investment Officer
|
+ 10000
|
17.05 USD |
|
7 years ago
Mar 05, 2018
|
Bought
123 K USD
|
Sigman Brian C.
CFO and Treasurer
|
+ 7200
|
17.09 USD |
|
8 years ago
Mar 06, 2017
|
Bought
101 K USD
|
Sigman Brian C.
CFO and Treasurer
|
+ 5700
|
17.69 USD |
|
9 years ago
Mar 02, 2016
|
Bought
74.9 K USD
|
Sigman Brian C.
CFO and Treasurer
|
+ 6100
|
12.28 USD |
|
9 years ago
Mar 17, 2015
|
Bought
141 K USD
|
Sigman Brian C.
CFO and Treasurer
|
+ 7500
|
18.8 USD |
|
10 years ago
May 13, 2014
|
Bought
91.8 K USD
|
Sigman Brian Chad
Chief Financial Officer
|
+ 5000
|
18.37 USD |
|
10 years ago
May 12, 2014
|
Bought
38.6 K USD
|
Sigman Brian Chad
Chief Financial Officer
|
+ 2100
|
18.36 USD |
|
10 years ago
May 09, 2014
|
Bought
52.7 K USD
|
Sigman Brian Chad
Chief Financial Officer
|
+ 2900
|
18.18 USD |
|
11 years ago
Mar 06, 2014
|
Bought
0 USD
|
Lieberman Jonathan
Chief Investment Officer
|
+ 33059
|
0 USD |
|
11 years ago
Nov 13, 2013
|
Bought
466 K USD
|
ROBERTS DAVID N
Chief Executive Officer
|
+ 30000
|
15.52 USD |
|
11 years ago
Nov 12, 2013
|
Bought
664 K USD
|
ROBERTS DAVID N
Chief Executive Officer
|
+ 42697
|
15.54 USD |
|
11 years ago
Nov 08, 2013
|
Sell 15.8 K
USD
|
VOSS JAMES M
Director
|
- 1000
|
15.84 USD |
|
11 years ago
Aug 19, 2013
|
Bought
82.2 K USD
|
ROBERTS DAVID N
Chief Executive Officer
|
+ 4900
|
16.78 USD |
|
11 years ago
Aug 19, 2013
|
Bought
721 K USD
|
ROBERTS DAVID N
Chief Executive Officer
|
+ 44619
|
16.17 USD |
|
11 years ago
Mar 08, 2013
|
Sell 20.5 K
USD
|
LINNEMAN PETER
Director
|
- 783
|
26.21 USD |
|
12 years ago
Nov 19, 2012
|
Bought
46.2 K USD
|
Lieberman Jonathan
Chief Investment Officer
|
+ 2000
|
23.1115 USD |
|
12 years ago
Nov 19, 2012
|
Bought
44.2 K USD
|
Krinsman Allan N
General Counsel
|
+ 1900
|
23.24 USD |
|
12 years ago
Nov 16, 2012
|
Bought
4.92 K USD
|
Lieberman Jonathan
Chief Investment Officer
|
+ 200
|
24.6088 USD |
|
12 years ago
Aug 21, 2012
|
Sell 10.3 K
USD
|
VOSS JAMES M
Director
|
- 441
|
23.27 USD |
|
12 years ago
Aug 13, 2012
|
Bought
69.8 K USD
|
BERGER ANDREW L
Director
|
+ 3000
|
23.25 USD |
|
12 years ago
Mar 15, 2012
|
Bought
19.8 K USD
|
Stadelmaier Frank
Chief Financial Officer
|
+ 1000
|
19.85 USD |
|
13 years ago
Mar 05, 2012
|
Bought
37.9 K USD
|
VOSS JAMES M
Director
|
+ 1910
|
19.85 USD |
|
13 years ago
Mar 05, 2012
|
Bought
1.79 K USD
|
VOSS JAMES M
Director
|
+ 90
|
19.84 USD |
7. News
Zacks Industry Outlook Annaly Capital Management, AG Mortgage Investment Trust and Dynex Capital
Annaly Capital Management, AG Mortgage Investment Trust and Dynex Capital have been highlighted in this Industry Outlook article.
zacks.com
- 2 weeks ago
5 'Safe' Buys In 35 February Dividend Power Dogs
The Dividend Power strategy focuses on stocks with high earnings and dividend yields, creating a resilient portfolio for both downturns and bull markets. Top five Dividend Power stocks for February 2025 include Black Stone Minerals, AG Mortgage Investment, Golden Ocean, ARMOUR Residential, and Invesco Mortgage Capital. Analysts project significant net gains for top Dividend Power stocks, with AG Mortgage and Seanergy Maritime showing the highest potential returns by February 2026.
seekingalpha.com
- 2 weeks ago
3 mREIT Stock to Watch Amid Ongoing Volatile Industry Trends
While volatile mortgage rates will likely hurt Zacks REIT and Equity Trust industry, companies like NLY, MITT and DX are well-poised to navigate the challenges.
zacks.com
- 2 weeks ago
AG Mortgage Investment Trust, Inc. Announces Tax Treatment of 2024 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 2024 tax statements and/or Form 1099-DIV received from their brokerage firms or other institutions to ensure those statements agree wi.
businesswire.com
- 1 month ago
Past Time To Take Gains On These Big Yielders
Past Time To Take Gains On These Big Yielders
seekingalpha.com
- 1 month ago
AG Mortgage Investment Trust, Inc. Announces Fourth Quarter 2024 Common Dividend of $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 fourth quarter 2024. The dividend is payable on January 31, 2025 to shareholders of record at the close of business on December 31, 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 port.
businesswire.com
- 2 months ago
AG Mortgage Investment Trust, Inc. (MITT) Q3 2024 Earnings Call Transcript
AG Mortgage Investment Trust, Inc. (NYSE:MITT ) Q3 2024 Earnings Conference Call November 5, 2024 8:00 AM ET Company Participants Jenny Neslin - General Counsel T.J. Durkin - President and Chief Executive Officer Nick Smith - Chief Investment Officer Anthony Rossiello - Chief Financial Officer Conference Call Participants Bose George - KBW Brad Capuzzi - Piper Sandler Doug Harter - UBS Jason Weaver - Jones Trading Trevor Cranston - Citizens JMP Eric Hagen - BTIG Operator Good day, and thank you for standing by.
seekingalpha.com
- 3 months ago
AG Mortgage Investment Trust: Stocks Selling Off As Rates Move Wildly
AG Mortgage Investment Trust, Inc. reported $0.40 net income per share, but earnings available for distribution ($0.17) did not fully cover the $0.19 dividend. Despite volatile interest rates, MITT delivered a strong quarter with a 3.9% economic return on equity and a net interest rate spread of 0.6%. The stock trades at a significant discount-to-book value, presenting a potential investment opportunity with a price target of $8.
seekingalpha.com
- 3 months ago
AG Mortgage Investment Trust (MITT) Misses Q3 Earnings and Revenue Estimates
AG Mortgage Investment Trust (MITT) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.10 per share a year ago.
zacks.com
- 3 months ago
AG Mortgage Investment Trust, Inc. Reports Third 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 September 30, 2024. MANAGEMENT REMARKS “MITT delivered yet another strong quarter as we continue to execute the core business strategy of originating and securitizing residential whole loans, with MITT generating an economic return on equity of 3.9% for the quarter,” said T.J. Durkin, Chief Executive Officer and President. “Wit.
businesswire.com
- 3 months ago
AG Mortgage Investment Trust (MITT) to Report Q3 Results: Wall Street Expects Earnings Growth
AG Mortgage Investment Trust (MITT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 4 months ago
AG Mortgage Investment Trust, Inc. (MITT) Q2 2024 Earnings Call Transcript
AG Mortgage Investment Trust, Inc. (NYSE:MITT ) Q2 2024 Earnings Conference Call August 2, 2024 8:30 AM ET Corporate Participants Jenny Neslin - General Counsel T.J. Durkin - President and Chief Executive Officer Nick Smith - Chief Investment Officer Anthony Rossiello - Chief Financial Officer Conference Call Participants Doug Harter - UBS Bose George - KBW Trevor Cranston - Citizens JMP Brad Capuzzi - Piper Sandler Eric Hagen - BTIG Operator Good day and thank you for standing by.
seekingalpha.com
- 6 months ago
8. Profile
Summary
AG Mortgage Investment Trust, Inc. MITT
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 227 M
Dividend Yield
1.61%
Description
AG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio comprises residential investments, including non-qualifying mortgages loans, government-sponsored entity non-owner occupied loans, re/non-performing loans, land related financing, and agency residential mortgage-backed securities; and commercial investments. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2011 and is based in New York, New York.
Contact
245 Park Avenue, New York, NY, 10167
https://www.agmit.com
IPO
Date
June 30, 2011
Employees
0
Officers
Ms. Jenny B. Neslin
General Counsel & Secretary
Ms. Emily Boldt
Controller
Mr. Thomas J. Durkin
President, Chief Executive Officer & Executive Director
Mr. Anthony W. Rossiello
Chief Financial Officer, Treasurer & Principal Accounting Officer
Mr. Nicholas Smith
Chief Investment Officer & Director
Karen Werbel
Investor Relations
Mr. Andrew Parks
Chief Risk Officer