AG Mortgage Investment Trust, Inc.
(MITT)
6.97 USD +0.01
Closed: 17 May, 3:55 pm
Symbol MITT
Market Cap 205.4M
Price 6.97
Open 6.99
52-wk High 6.99
50 Day Avg 6.02
Earnings Announcement 2024-08-05
Website https://www.agmit.com
Name AG Mortgage Investment Trust, Inc.
Shares Outstanding 29,473,700
Change % -0.1433%
Low 6.90
52-wk Low 4.82
200 Day Avg 5.93
Last Dividend 0.36
Exchange NYSE
Volume 111,910
Previous Close 6.98
High 6.99
EPS 1.68
PE 4.15
Avg Volume 215,114
CUSIP 001228501
AG Mortgage Investment Trust, Inc. Outlook
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.
Currency USD
ISIN US0012285013
Industry REIT - Mortgage
Changes -0.01
CUSIP 001228501
Range 4.82 - 6.99
Beta 2.00
CIK 0001514281

AG Mortgage Investment Trust, Inc. News

15-May-2024 4:05 PM

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.

14-May-2024 1:49 PM

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 […]...

03-May-2024 5:44 PM

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.

03-May-2024 6:30 AM

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.

26-Apr-2024 4:05 PM

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.

18-Apr-2024 7:56 PM

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.

15-Mar-2024 4:15 PM

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.

10-Mar-2024 11:15 AM

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.

22-Feb-2024 11:39 AM

AG Mortgage Investment Trust Inc. (MITT) Q4 2023 Earnings Call Transcript

AG Mortgage Investment Trust Inc. (MITT) Q4 2023 Earnings Call Transcript

22-Feb-2024 6:30 AM

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.

15-Feb-2024 4:15 PM

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.