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.

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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.

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NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that its Board of Directors unanimously approved a reverse stock split of the Company's common stock at a ratio of 1-for-3. The reverse stock split is expected to take effect following the close of business on July 22, 2021 (the "Effective Time"). Accordingly, at the Effective Time, every three issued and outstanding shares of the Company's common stock will be converted into one share of

AG Mortgage Investment Trust, Inc. Announces Reverse Stock Split

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NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. Announces Second Quarter 2021 Common Dividend of $0.07 per Share.

AG Mortgage Investment Trust, Inc. Announces Second Quarter 2021 Common Dividend of $0.07 per Share

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that its Board of Directors (the “Board”) has declared second quarter 2021 preferred stock dividends. In accordance with the terms of its 8.25% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”), the Board declared a quarterly cash dividend of $0.51563 per share on its Series A Preferred Stock. In accordance with the terms of its 8.00% Series B Cumulative Redee

AG Mortgage Investment Trust, Inc. Announces Preferred Dividends Payable on June 17, 2021

AG Mortgage Investment Trust, Inc. (MITT) CEO David Roberts on Q1 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 March 31, 2021. Q1 2021 PERFORMANCE AND HIGHLIGHTS Financial Performance $4.92 Book Value per share and $4.76 Adjusted Book Value per share as of March 31, 2021, as compared to $4.13 and $3.94 as of December 31, 2020, respectively(1)(2) Adjusted Book Value subtracts the full liquidation preference of our preferred stock from tot

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

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release first quarter 2021 financial results prior to the market open on Thursday, May 6, 2021. The Company will host a conference call to discuss the results on Thursday, May 6, 2021, at 8:30 a.m. Eastern Time. To participate in the call, please dial (888) 424-8151 at least five minutes prior to the start time. International callers should dial 1 (847) 585-4422. The passcode

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

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NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) announced that its Board of Directors has declared a dividend of $0.06 per common share for the first quarter 2021. The dividend is payable on April 30, 2021 to shareholders of record at the close of business on April 1, 2021. About AG Mortgage Investment Trust, Inc. AG Mortgage Investment Trust, Inc. is a hybrid mortgage REIT that opportunistically invests in a diversified risk-adjusted portfolio of Credit Investments a

AG Mortgage Investment Trust, Inc. Announces First Quarter 2021 Common Dividend of $0.06 Per Share

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AG Mortgage Investment Trust, Inc. (MITT) CEO David Roberts on Q4 2020 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 year and quarter ending December 31, 2020. The Company is a hybrid mortgage REIT that opportunistically invests in a diversified risk-adjusted portfolio of Credit Investments and Agency RMBS. Our Credit Investments include Residential Investments and Commercial Investments. Q4 2020 PERFORMANCE AND HIGHLIGHTS $1.16 of Net Income per diluted c

AG Mortgage Investment Trust, Inc. Reports Full Year and Fourth Quarter 2020 Results

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) announced today that its Board of Directors (the “Board”) has declared first quarter 2021 preferred stock dividends. In accordance with the terms of its 8.25% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”), the Board declared a quarterly cash dividend of $0.51563 per share on its Series A Preferred Stock. In accordance with the terms of its 8.00% Series B Cumulative Redeemable Preferred S

AG Mortgage Investment Trust, Inc. Announces Preferred Dividends Payable on March 17, 2021

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release fourth quarter 2020 financial results prior to the market open on Friday, February 19, 2021. The Company will host a conference call to discuss the results on Friday, February 19, 2021, at 8:30 a.m. Eastern Time. To participate in the call, please dial (888) 424-8151 at least five minutes prior to the start time. International callers should dial 1 (847) 585-4422. The

AG Mortgage Investment Trust, Inc. Schedules Fourth Quarter 2020 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”), a real estate investment trust (REIT), announced today the tax treatment of common and preferred stock dividends declared in 2020. This information is provided to assist stockholders with tax reporting requirements related to dividend distributions of taxable income by the Company. Stockholders should review the 2020 tax statements received from their brokerage firms or other institutions to ensure those

AG Mortgage Investment Trust, Inc. Announces Tax Treatment of 2020 Dividend Distributions

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NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) announced that its Board of Directors has declared a dividend of $0.03 per common share for the fourth quarter 2020. The dividend is payable on January 29, 2021 to shareholders of record at the close of business on December 31, 2020. About AG Mortgage Investment Trust, Inc. AG Mortgage Investment Trust, Inc. is a hybrid mortgage REIT that opportunistically invests in and manages a diversified risk-adjusted portfolio of A

AG Mortgage Investment Trust, Inc. Announces Fourth Quarter 2020 Common Dividend of $0.03 per Share

MITT is a fraction of its pre-crisis value. But, with an impaired business model and no recovery in sight, it is still not cheap.

AG Mortgage: There Is No Recovery Coming

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NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (“MITT” or the “Company”) is pleased to announce that Dianne Hurley, a seasoned real estate industry executive, has joined its Board of Directors, effective December 1, 2020. She will serve as a member of the Company's Audit Committee. With the appointment of Ms. Hurley, the Board of Directors consists of six members, four of whom are independent. Ms. Hurley is currently the Chief Financial and Operations Officer of Mora

AG Mortgage Investment Trust, Inc. Appoints Dianne Hurley To Board of Directors

AG Mortgage Investment Trust, Inc. (MITT) CEO David Roberts on Q3 2020 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, 2020. AG Mortgage Investment Trust, Inc. is a hybrid mortgage REIT that opportunistically invests in and manages a diversified risk-adjusted portfolio of Agency RMBS and Credit Investments. Our Credit Investments include Residential Investments and Commercial Investments. THIRD QUARTER 2020 FINANCIAL SNAPSHOT $0.44

AG Mortgage Investment Trust, Inc. Reports Third Quarter 2020 Results

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release third quarter 2020 financial results prior to the market open on Friday, November 6, 2020. The Company will host a conference call to discuss the results on Friday, November 6, 2020, at 8:30 a.m. Eastern Time. To participate in the call, please dial (888) 424-8151 at least five minutes prior to the start time. International callers should dial 1 (847) 585-4422. The pas

 AG Mortgage Investment Trust, Inc. Schedules Third Quarter 2020 Earnings Release and Conference Call

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News for AG Mortgage Investment Trust Stock (MITT)