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MITT

MITT - AG Mortgage Investment Trust Inc Stock Price, Fair Value and News

6.97USD-0.01 (-0.14%)Market Closed

Market Summary

MITT
USD6.97-0.01
Market Closed
-0.14%

MITT Stock Price

View Fullscreen

MITT RSI Chart

MITT Valuation

Market Cap

205.4M

Price/Earnings (Trailing)

3.31

Price/Sales (Trailing)

0.69

EV/EBITDA

0.77

Price/Free Cashflow

6.12

MITT Price/Sales (Trailing)

MITT Profitability

EBT Margin

20.63%

Return on Equity

11.52%

Return on Assets

0.97%

Free Cashflow Yield

16.34%

MITT Fundamentals

MITT Revenue

Revenue (TTM)

298.1M

Rev. Growth (Yr)

65.34%

Rev. Growth (Qtr)

23.28%

MITT Earnings

Earnings (TTM)

62.1M

Earnings Growth (Yr)

66.59%

Earnings Growth (Qtr)

-40.91%

Breaking Down MITT Revenue

Last 7 days

2.4%

Last 30 days

27.7%

Last 90 days

15.2%

Trailing 12 Months

25.6%

How does MITT drawdown profile look like?

MITT Financial Health

MITT Investor Care

Dividend Yield

10.71%

Dividend/Share (TTM)

0.72

Shares Dilution (1Y)

45.57%

Diluted EPS (TTM)

1.85

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024298.1M000
2023204.7M226.1M240.1M260.3M
202292.0M117.1M147.7M180.3M
202146.4M47.2M57.1M70.7M
2020170.4M142.9M111.9M74.5M
2019158.6M163.5M164.5M171.7M
2018140.2M145.0M151.1M156.5M
2017120.3M121.3M124.3M128.8M
2016135.6M128.5M125.6M123.0M
2015143.8M145.0M142.3M141.3M
2014146.5M140.3M143.3M141.6M
2013121.0M145.4M150.4M151.0M
2012050.6M70.2M96.4M
20110000

Tracking the Latest Insider Buys and Sells of AG Mortgage Investment Trust Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2024
hess debra ann
acquired
-
-
4,552
-
Apr 01, 2024
jozoff matthew
acquired
-
-
3,311
-
Apr 01, 2024
hurley dianne
acquired
-
-
3,311
-
Apr 01, 2024
quateman lisa g
acquired
-
-
3,311
-
Apr 01, 2024
mitchell m christian
acquired
-
-
3,311
-
Apr 01, 2024
linneman peter
acquired
-
-
3,311
-
Feb 28, 2024
quateman lisa g
bought
24,119
6.0299
4,000
-
Feb 23, 2024
durkin thomas
bought
306,155
6.1231
50,000
ceo and president
Jan 02, 2024
jozoff matthew
acquired
-
-
3,164
-
Jan 02, 2024
hess debra ann
acquired
-
-
4,351
-

1–10 of 50

Which funds bought or sold MITT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
JANE STREET GROUP, LLC
added
67.38
426,870
1,123,040
-%
May 15, 2024
683 Capital Management, LLC
sold off
-100
-209,734
-
-%
May 15, 2024
CITADEL ADVISORS LLC
new
-
44,847
44,847
-%
May 15, 2024
GOLDMAN SACHS GROUP INC
added
264
1,176,610
1,645,270
-%
May 15, 2024
Royal Bank of Canada
reduced
-87.1
-86,000
12,000
-%
May 15, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
added
21.18
91,621
637,251
0.01%
May 15, 2024
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
sold off
-100
-845
-
-%
May 15, 2024
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP
added
177
1,015,000
1,620,000
-%
May 15, 2024
TWO SIGMA INVESTMENTS, LP
added
20.91
239,462
1,687,690
-%
May 15, 2024
MILLENNIUM MANAGEMENT LLC
added
1,234
3,759,810
4,076,780
-%

1–10 of 47

Are Funds Buying or Selling MITT?

Are funds buying MITT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MITT
No. of Funds

Unveiling AG Mortgage Investment Trust Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
5.24%
1,534,629
SC 13G
Feb 09, 2024
beach point capital management lp
2.8%
575,199
SC 13G/A
Nov 24, 2023
terra property trust, inc.
4.8%
962,131
SC 13D/A
Jul 25, 2023
terra property trust, inc.
5.2%
1,047,297
SC 13D
Feb 09, 2023
beach point capital management lp
10.3%
2,282,570
SC 13G/A
Sep 12, 2022
beach point capital management lp
10.53%
2,369,767
SC 13G/A
Sep 12, 2022
hill country asset management, lp.
4.5%
1,004,078
SC 13D/A
Sep 01, 2022
hill country asset management, lp.
5.7%
1,279,078
SC 13D/A
Aug 25, 2022
hill country asset management, lp.
7.6%
1,704,078
SC 13D/A
Apr 12, 2022
hill country asset management, lp.
8.6%
2,058,244
SC 13D

Recent SEC filings of AG Mortgage Investment Trust Inc

View All Filings
Date Filed Form Type Document
May 15, 2024
8-A12B
8-A12B
May 15, 2024
CERT
CERT
May 13, 2024
8-K
Current Report
May 09, 2024
424B5
Prospectus Filed
May 08, 2024
424B5
Prospectus Filed
May 08, 2024
FWP
Prospectus Filed
May 07, 2024
10-Q
Quarterly Report
May 03, 2024
8-K
Current Report
May 02, 2024
4
Insider Trading
May 02, 2024
4
Insider Trading

Peers (Alternatives to AG Mortgage Investment Trust Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
90.9B
11.2B
13.13% 1.87%
46.04
8.11
3.63% 50.79%
44.7B
6.8B
10.57% -9.74%
32.06
6.53
-2.39% -16.60%
28.3B
2.8B
9.91% 13.04%
29.6
10.08
5.72% -6.47%
21.7B
3.0B
6.63% 6.21%
110.61
7.35
10.44% -73.79%
13.5B
-
6.12% 9.11%
31.9
8.3
8.93% 11.87%
11.3B
1.4B
6.30% 4.57%
30.12
8.22
10.48% -2.93%
9.9B
3.3B
9.08% 28.09%
51.64
3
4.82% -75.15%
MID-CAP
8.5B
1.2B
5.40% 14.57%
35.59
7.38
5.48% -38.69%
3.4B
892.3M
6.62% 140.10%
-6.71
3.85
-5.33% -307.54%
3.4B
878.0M
1.11% 67.10%
-9.8
3.82
2.35% -290.60%
SMALL-CAP
1.4B
444.1M
12.17% 21.82%
20.36
3.15
3.54% 8.91%
1.2B
198.2M
6.70% -0.84%
-7.55
6.02
-43.33% -308.08%
1.1B
650.2M
7.51% 2.13%
36.77
1.73
27.93% 140.31%
572.0M
285.4M
-8.06% -36.92%
-4.15
2
11.05% 83.70%
459.4M
277.2M
15.74% -12.95%
-56.03
1.66
25.89% 94.64%

AG Mortgage Investment Trust Inc News

Latest updates
Business Wire • 15 May 2024 • 08:05 pm
Defense World • 09 May 2024 • 09:06 am
Houston Chronicle • 03 May 2024 • 07:00 am

AG Mortgage Investment Trust Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue23.3%96.0078.0064.0061.0058.0057.0050.0039.0033.0025.0020.0014.0012.0011.0010.0013.0040.0049.0041.0041.0041.00
EBITDA Margin-2.6%0.39*0.40*0.34*0.39*0.21*0.13*0.18*0.45*1.11*1.72*2.09*1.86*---------
Interest Expenses28.8%17.0013.0012.0011.0012.0012.0015.0016.0017.0014.0012.009.008.007.005.005.0020.0025.0019.0018.0019.00
Income Taxes316.7%0.000.00-0.00-0.00-0.000.00--0.00--0.010.00-1.000.000.000.001.00
Earnings Before Taxes-49.6%19.0037.00-2.358.0013.0012.00-1.24-42.92-11.1513.0028.0014.0017.0019.003.00-0.73-44029.0012.0018.0031.00
EBT Margin-2.7%0.21*0.21*0.13*0.14*-0.09*-0.24*-0.28*-0.11*0.48*1.02*1.36*1.12*---------
Net Income-40.9%21.0035.00-2.168.0013.0012.00-2.87-48.72-13.2011.0035.0015.0043.0041.0020.003.00-48535.0010.0019.0029.00
Net Income Margin0.9%0.21*0.21*0.13*0.13*-0.13*-0.29*-0.37*-0.14*0.52*1.47*2.35*2.54*---------
Free Cashflow19.6%12.0010.003.009.007.006.004.008.005.007.0010.003.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets4.5%6,4016,1264,8824,6184,6224,3704,4523,8803,8393,3632,3732,1681,9431,4001,1018561,5594,3484,7493,7984,007
    Cash Equivalents4.6%11711211980.0088.0085.0078.0089.0051.0010010264.0052.0062.0045.0068.0092.0012531.0060.0051.00
Liabilities4.7%5,8615,5984,4314,1574,1603,9073,9873,4013,2912,7921,8831,7021,4879907114901,2003,4993,9153,0673,276
Shareholder's Equity2.1%540528450461462463464479548570490466455410390365359849834731732
  Retained Earnings2.1%-505-516-542-532-532-536-539-527-469-446-448-474-482-518-552-573-576-85.92-100-92.51-91.47
  Additional Paid-In Capital0.0%824824773772773779783786797796717720711689673666662662662662662
Shares Outstanding0.1%29.0029.0020.0020.0020.0021.0022.0023.0024.0024.0015.0015.00---------
Float----117---142---197---104---505-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations19.6%11,97210,0143,0278,5646,5295,7143,9088,3704,5286,5339,8893,3996,4776,440-3,125-6,5907,43132,44111,71411,8329,251
  Share Based Compensation63.0%19411987.0087.0087.0087.0080.0080.0080.0080.0080.0080.0080.0066.0060.0078.0021510010010099.00
Cashflow From Investing-751.8%-248,23138,085-314,831463-157,2221,289-729,763-137,680-624,197-1,020,985-136,070-216,182-526,454-298,424-136,545652,1481,976,276450,105-986,822236,211-446,457
Cashflow From Financing467.9%227,320-61,788345,702-6,085154,312-7,636684,641173,789615,611985,845167,302208,942549,205304,586120,064-709,856-1,975,294-424,977949,917-243,138440,893
  Dividend Payments-100.0%-6,2703,6373,6843,8464,6554,7235,0225,0213,3543,3942,7911,243---14,73414,73116,35516,35114,372
  Buy Backs----1,1085,2444,8452,33911,033-7082,847----------
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MITT Income Statement

2024-03-31
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net Interest Income  
Interest income$ 95,572$ 57,803
Interest expense78,39346,188
Total Net Interest Income17,17911,615
Other Income/(Loss)  
Net interest component of interest rate swaps1,9001,020
Net realized gain/(loss)(1,103)100
Net unrealized gain/(loss)10,0148,717
Total Other Income/(Loss)10,8119,837
Expenses  
Non-investment related expenses[1]3,1142,820
Investment related expenses[1]3,2832,326
Transaction related expenses[1]9991,707
Total Expenses9,1378,928
Income/(loss) before equity in earnings/(loss) from affiliates18,85312,524
Equity in earnings/(loss) from affiliates2,03716
Net Income/(Loss)20,89012,540
Dividends on preferred stock(4,586)(4,586)
Net Income/(Loss) Available to Common Stockholders$ 16,304$ 7,954
Earnings/(Loss) Per Share of Common Stock  
Basic (in dollars per share)$ 0.55$ 0.38
Diluted (in dollars per share)$ 0.55$ 0.38
Weighted Average Number of Shares of Common Stock Outstanding  
Basic (in shares)29,45321,066
Diluted (in shares)29,47921,066
Affiliated Entity  
Expenses  
Management fee to affiliate[1]$ 1,741$ 2,075
[1]Refer to Note 10 for additional details on related party transactions.

MITT Balance Sheet

2024-03-31
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets  
Real estate securities, at fair value - $223,949 and $155,115 pledged as collateral, respectively$ 271,868$ 162,821
Cash and cash equivalents100,287111,534
Restricted cash16,34714,039
Other assets41,49540,716
Total Assets6,400,6686,126,428
Liabilities  
Securitized debt, at fair value[1]4,980,9424,711,623
Financing arrangements734,001767,592
Convertible senior unsecured notes78,53085,266
Senior unsecured notes32,8100
Dividend payable5,3011,472
Other liabilities[2]29,51932,107
Total Liabilities5,861,1035,598,060
Commitments and Contingencies (Note 12)
Stockholders’ Equity  
Preferred stock - $227,991 aggregate liquidation preference220,472220,472
Common stock, par value $0.01 per share; 450,000 shares of common stock authorized and 29,453 and 29,437 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively295294
Additional paid-in capital823,908823,715
Retained earnings/(deficit)(505,110)(516,113)
Total Stockholders’ Equity539,565528,368
Total Liabilities and Stockholders’ Equity6,400,6686,126,428
Investment, Affiliated Issuer  
Assets  
Investments in debt and equity of affiliates54,84255,103
Legacy WMC Commercial Loans  
Assets  
Mortgage loans66,47466,303
Total Residential Investments  
Assets  
Real estate securities, at fair value - $223,949 and $155,115 pledged as collateral, respectively271,868162,821
Securitized Residential Mortgage Loans | Residential Mortgage  
Assets  
Mortgage loans[1]5,645,0045,358,281
VIE, Not Primary Beneficiary  
Assets  
Real estate securities, at fair value - $223,949 and $155,115 pledged as collateral, respectively39,16337,533
VIE, Not Primary Beneficiary | Residential Mortgage  
Assets  
Mortgage loans$ 204,351$ 317,631
[1]These balances relate to certain residential mortgage loans which were securitized resulting in the Company consolidating the variable interest entities that were created to facilitate these securitizations as the Company was determined to be the primary beneficiary. See Note 3 for additional details.
[2]Refer to Note 7 and Note 10 for additional details on amounts payable to affiliates.
MITT
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-agency loans, agency-eligible loans, re-and non-performing loans, and non-agency residential mortgage-backed securities. 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.
0
 CEO
 WEBSITEagmit.com
 INDUSTRYREIT Mortgage

AG Mortgage Investment Trust Inc Frequently Asked Questions


What is the ticker symbol for AG Mortgage Investment Trust Inc? What does MITT stand for in stocks?

MITT is the stock ticker symbol of AG Mortgage Investment Trust Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of AG Mortgage Investment Trust Inc (MITT)?

As of Fri May 17 2024, market cap of AG Mortgage Investment Trust Inc is 205.43 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MITT stock?

You can check MITT's fair value in chart for subscribers.

What is the fair value of MITT stock?

You can check MITT's fair value in chart for subscribers. The fair value of AG Mortgage Investment Trust Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of AG Mortgage Investment Trust Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MITT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is AG Mortgage Investment Trust Inc a good stock to buy?

The fair value guage provides a quick view whether MITT is over valued or under valued. Whether AG Mortgage Investment Trust Inc is cheap or expensive depends on the assumptions which impact AG Mortgage Investment Trust Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MITT.

What is AG Mortgage Investment Trust Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MITT's PE ratio (Price to Earnings) is 3.31 and Price to Sales (PS) ratio is 0.69. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MITT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on AG Mortgage Investment Trust Inc's stock?

In the past 10 years, AG Mortgage Investment Trust Inc has provided -0.114 (multiply by 100 for percentage) rate of return.