AG Mortgage Investment Trust

AG Mortgage Investment Trust, Inc. is a real estate investment trust, which focuses on investing, acquiring, and managing a diversified portfolio of residential mortgage assets, other real estate-related securities and financial assets. The firm conducts its business through the following segments: Securities and Loans and Single-Family Rental Properties. Its portfolios include Agency RMBS, Residential Investments, Commercial Investments, and ABS. The company was founded on March 1, 2011 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

MITT shows resilience in challenging market, eyes strategic opportunities

MITT navigated challenging market conditions with a disciplined approach and strong financial position.
The company demonstrated resilience through the recovery in book value and securitization activities.
Management highlighted long-term earnings focus, potential strategic opportunities, and strong liquidity levels.
Analysts' inquiries on liquidity, leverage, and capital deployment underscored areas of focus for MITT.

AG Mortgage Investment Trust (MITT) reports growth and resilience in Q1 2023

AG Mortgage Investment Trust (MITT) demonstrated solid financial performance and strategic decision-making in Q1 2023.
The company's focus on increasing book value, share repurchases, and market opportunities positions it for growth.
While challenges like financing conditions persist, MITT's proactive approach and strong fundamentals offer resilience and growth potential.

MITT reports solid Q2 performance amidst market challenges and opportunities

MITT's Q2 performance showcased resilience and strategic initiatives amidst market challenges.
Strong demand for residential whole loan exposure and focus on optimizing the loan portfolio were key highlights.
While facing challenges, MITT's financial strength and stability position it well for future opportunities.
Strategic actions to manage risks and capitalize on growth avenues underscore MITT's proactive approach.

AG Mortgage Investment Trust reports resilient Q3 performance and growth opportunities

AG Mortgage Investment Trust's Q3 performance reflects resilience and strategic advancements.
The company's strengths in book value stability and prudent underwriting enhance investor confidence.
Challenges such as managing loan profiles and merger expenses require careful navigation.
Opportunities in new investments, dividend growth, and strategic mergers pave the way for future success.

MITT excels post-WMC acquisition, eyes housing sector for growth

AG Mortgage Investment Trust (MITT) delivered a solid performance in Q4 2023, driven by the successful WMC acquisition, resulting in improved financial metrics and increased market cap. While facing challenges in integration and optimization, MITT remains well-positioned to leverage opportunities in the housing sector and enhance profitability through strategic initiatives.

AG Mortgage Investment Trust (MITT) excels in Q1 post-merger performance

AG Mortgage Investment Trust (MITT) delivered a robust Q1 performance post-merger, showcasing strengths in financial metrics and portfolio management. While facing challenges in EAD sustainability and market dynamics, MITT is poised to capitalize on opportunities through strategic growth initiatives and capital optimization.

MITT reports strong Q2 earnings, plans to rotate out Agency RMBS

MITT's Q2 earnings call highlighted strong financial performance, strategic initiatives to manage risk, and opportunities for growth. Management plans to rotate out of Agency RMBS post-convertible note maturity and focus on securitization opportunities. Analysts raised concerns about book value risk and prepayment speeds, indicating potential challenges ahead.

MITT reports robust Q3 results, eyes home equity opportunities

MITT's Q3 performance reflects financial strength and stability, marked by growth in book value, earnings, and liquidity.
Strategic investments in securitizations, home equity loans, and Arc Home profitability position MITT for sustained growth.
Challenges in prepayment impacts and market dynamics require careful navigation, while opportunities in capital deployment and revenue diversification are key focus areas.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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, 2022. Q1 2022 FINANCIAL HIGHLIGHTS $13.68 Book Value per share as of March 31, 2022 compared to $14.64 as of December 31, 2021(1) $13.37 Adjusted Book Value per share as of March 31, 2022 compared to $14.32 as of December 31, 2021(1) Decrease of approximately 6.6% from December 31, 2021 Quarterly economic return on eq

AG Mortgage Investment Trust, Inc. Reports First Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release first quarter 2022 financial results prior to the market open on Friday, May 6, 2022. The Company will host a conference call to discuss the results on Friday, May 6, 2022, at 8:30 a.m. Eastern Time. To participate in the call, please dial 1 (866) 374-5140 at least five minutes prior to the start time. International callers should dial 1 (404) 400-0571. The PIN is 4178

AG Mortgage Investment Trust, Inc. Schedules First Quarter 2022 Earnings Release and Conference Call

The management is restructuring the investment portfolio to residential assets and exiting all non-core investments. The external economic environment is in MITT's favor with rising interest rates.

AG Mortgage: Low Investment Portfolio Yield

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) is pleased to announce Matthew Jozoff has been nominated to join the Board of Directors (the “Board”) and will stand for election at its upcoming Annual Shareholders Meeting on May 2, 2022. Mr. Jozoff will bring to the Board significant expertise in the mortgage origination and securitization industries, which closely aligns with the Company's residential mortgage origination and securitization strategy f

AG Mortgage Investment Trust, Inc. Announces New Nominee to Stand for Election to Board of Directors

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced that its Board of Directors has declared a dividend of $0.21 per common share for the first quarter 2022. The dividend is payable on April 29, 2022 to shareholders of record at the close of business on March 31, 2022. 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 2022 Common Dividend of $0.21 per Share

AGNC Investment

Dynex Capital

New Residential Investment

PennyMac Mortgage Investment

These are five undervalued opportunities which also happen to have high yields.

5 Buys With 10% To 12% Yields

AG Mortgage Investment Trust, Inc. (MITT) CEO David Roberts on Q4 2021 Results - Earnings Call Transcript

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, 2021. FULL YEAR AND FOURTH QUARTER 2021 FINANCIAL HIGHLIGHTS Full Year 2021: $14.64 Book Value per share as of December 31, 2021 as compared to $12.40 as of December 31, 2020(1) $14.32 Adjusted Book Value per share as of December 31, 2021 as compared to $11.81 as of December 31, 2020(1) Increase of ap

AG Mortgage Investment Trust, Inc. Reports Full Year and Fourth Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release fourth quarter 2021 financial results prior to the market open on Thursday, February 24, 2022. The Company will host a conference call to discuss the results on Thursday, February 24, 2022, at 8:30 a.m. Eastern Time. To participate in the call, please dial 1 (888) 424-8151 at least five minutes prior to the start time. International callers should dial 1 (847) 585-4422

AG Mortgage Investment Trust, Inc. Schedules Fourth Quarter 2021 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today the tax treatment of 2021 common and preferred stock dividends paid to stockholders. This information is provided to assist stockholders with tax reporting requirements related to dividends of taxable income by the Company. Stockholders should review the 2021 tax statements and/or Form 1099-DIV received from their brokerage firms or other institutions to ensure those statements agree with

AG Mortgage Investment Trust, Inc. Announces Tax Treatment of 2021 Dividends

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced that its Board of Directors has declared a dividend of $0.21 per common share for the fourth quarter 2021. The dividend is payable on January 31, 2022 to shareholders of record at the close of business on December 31, 2021. About AG Mortgage Investment Trust, Inc. AG Mortgage Investment Trust, Inc. is a mortgage REIT that opportunistically invests in a diversified risk-adjusted portfolio of Resi

AG Mortgage Investment Trust, Inc. Announces Fourth Quarter 2021 Common Dividend of $0.21 per Share

Arlington Asset Investment

AGNC Investment Corp - FXDFR PRF PERPETUAL USD 25 - Ser D 1/1000th int

AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

Apollo Investment

Blackstone Mortgage Trust

Cherry Hill Mortgage

Chimera Investment

Ellington Residential Mortgage REIT

Ellington Financial

Franklin BSP Realty Trust Inc

FS KKR Capital Corp

Gladstone Investment

Gladstone Investment Corp 6 1/4% Cum Term Pfd Shs Series D

Golub Capital BDC

Granite Point Mortgage Trust

Invesco Mortgage Capital

Invesco KBW Premium Yield Equity REIT ETF

Main Street Capital

MFA Financial

VanEck Mortgage REIT Income ETF

Readers on Seeking Alpha are becoming more familiar with mortgage REITs.

6 Quick Lessons About Big Dividend Yields

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) today announced that it has priced an underwritten public offering of 7,000,000 shares of its common stock at $10.25 per share, for gross proceeds of $71.8 million before deducting the underwriting discounts and commissions and the other estimated offering expenses payable by the Company. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,050,000 shares. The offerin

AG Mortgage Investment Trust, Inc. Announces Pricing of Public Offering of Common Stock

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) today announced it has commenced an underwritten public offering of 7,000,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 1,050,000 shares. AG REIT Management, LLC (the “Manager”), the Company's external manager, has committed to purchase 700,000 shares in the offering. In addition, David N. Roberts, the Company's Chairman and C

AG Mortgage Investment Trust, Inc. Announces Public Offering of Common Stock

AG Mortgage Investment Trust's (MITT) CEO David Roberts on Q3 2021 Results - Earnings Call Transcript

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, 2021. Q3 2021 PERFORMANCE AND HIGHLIGHTS $16.92 Book Value per share and $16.45 Adjusted Book Value per share as of September 30, 2021 compared to $15.18 and $14.72 as of June 30, 2021, respectively(1) Increase of approximately 12% from June 30, 2021 Quarterly economic return of 13.2%, compared to 4.6% for the qua

AG Mortgage Investment Trust, Inc. Reports Third Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release third quarter 2021 financial results prior to the market open on Friday, November 5, 2021. The Company will host a conference call to discuss the results on Friday, November 5, 2021, at 8:30 a.m. Eastern Time. To participate in the call, please dial 1 (888) 424-8151 at least five minutes prior to the start time. International callers should dial 1 (847) 585-4422. The p

AG Mortgage Investment Trust, Inc. Schedules Third Quarter 2021 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that Commercial Loan L, the Company's sole remaining legacy Commercial Investment, was repaid in full for gross proceeds of $54.0 million to the Company. The Commercial Loan L proceeds were well in excess of the Company's June 30, 2021 fair value for the investment of $43.9 million, providing full recovery of principal and all outstanding deferred interest. Following the repayment of assoc

AG Mortgage Investment Trust, Inc. Announces Resolution of Commercial Loan L, Representing Full Exit from Legacy Commercial Investments

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced that its Board of Directors has declared a dividend of $0.21 per common share for the third quarter 2021. The dividend is payable on October 29, 2021 to shareholders of record at the close of business on September 30, 2021. About AG Mortgage Investment Trust, Inc. AG Mortgage Investment Trust, Inc. is a mortgage REIT that opportunistically invests in a diversified risk-adjusted portfolio of Cred

AG Mortgage Investment Trust, Inc. Announces Third Quarter 2021 Common Dividend of $0.21 per Share

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that Commercial Loan K, one of the Company's two remaining legacy Commercial Investments, was repaid in full, generating total net proceeds of $20.1 million to the Company. The net proceeds from this loan pay-off will support the Company's ongoing strategic plan to continue reallocating capital into its Residential Credit origination business. The repayment of Commercial Loan K represents

AG Mortgage Investment Trust, Inc. Announces Resolution of Commercial Loan K

Recent sell-off spurred by reverse stock split that has no economic impact on the shares. Management continues to grow book value quarter on quarter.

AG Mortgage Investment Trust: Growing Dividend Priced At A Discount

Shares of AG Mortgage Investment (NYSE:MITT) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share were up 100.00% year over year to ($0.00), which missed the estimate of $0.06.

Recap: AG Mortgage Investment Q2 Earnings

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 June 30, 2021. Q2 2021 PERFORMANCE AND HIGHLIGHTS $15.19 Book Value per share and $14.72 Adjusted Book Value per share as of June 30, 2021 compared to $14.78 and $14.28 as of March 31, 2021, respectively(1)(2) Increase of approximately 3% from March 31, 2021 primarily as a result of MTM gains on credit assets Quarterly economic

AG Mortgage Investment Trust, Inc. Reports Second Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release second quarter 2021 financial results prior to the market open on Friday, July 30, 2021. The Company will host a conference call to discuss the results on Friday, July 30, 2021, at 8:30 a.m. Eastern Time. To participate in the call, please dial 1 (888) 424-8151 at least five minutes prior to the start time. International callers should dial 1 (847) 585-4422. The passco

AG Mortgage Investment Trust, Inc. Schedules Second Quarter 2021 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that its previously announced 1-for-3 reverse stock split of common stock was completed following the close of business today. The Company's common stock will continue to trade on the New York Stock Exchange under the symbol "MITT" and, starting on July 23, 2021, under a new CUSIP number: 001228 501. After the close of business on July 22, 2021, the effective time of the reverse stock spli

News for AG Mortgage Investment Trust Stock (MITT)