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AG Mortgage Investment Trust (NYSE:MITT – Get Free Report) is projected to announce its Q2 2025 earnings results before the market opens on Friday, August 1st. Analysts expect the company to announce earnings of $0.23 per share and revenue of $21.04 million for the quarter.
AG Mortgage Investment Trust (NYSE:MITT – Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The real estate investment trust reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.04). AG Mortgage Investment Trust had a net margin of 10.98% and a return on equity of 11.86%. The company had revenue of $20.00 million for the quarter, compared to the consensus estimate of $18.67 million. On average, analysts expect AG Mortgage Investment Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
AG Mortgage Investment Trust Price Performance
NYSE MITT opened at $7.74 on Friday. AG Mortgage Investment Trust has a 12 month low of $5.63 and a 12 month high of $7.95. The company has a market capitalization of $229.72 million, a price-to-earnings ratio of 8.70 and a beta of 1.55. The company’s fifty day moving average price is $7.46 and its two-hundred day moving average price is $7.08.
AG Mortgage Investment Trust Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, June 30th will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 10.85%. This is a boost from AG Mortgage Investment Trust’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Monday, June 30th. AG Mortgage Investment Trust’s dividend payout ratio is 94.38%.
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on the stock. Jones Trading reaffirmed a “buy” rating and issued a $8.00 price objective on shares of AG Mortgage Investment Trust in a report on Tuesday, May 6th. Wall Street Zen cut shares of AG Mortgage Investment Trust from a “hold” rating to a “sell” rating in a report on Saturday, July 12th. Keefe, Bruyette & Woods boosted their price target on shares of AG Mortgage Investment Trust from $8.25 to $8.50 and gave the company a “market perform” rating in a report on Thursday, July 10th. Finally, UBS Group upped their target price on shares of AG Mortgage Investment Trust from $8.00 to $8.75 and gave the company a “buy” rating in a research report on Thursday, July 10th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat, AG Mortgage Investment Trust has an average rating of “Moderate Buy” and a consensus target price of $8.55.
Get Our Latest Research Report on AG Mortgage Investment Trust
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in AG Mortgage Investment Trust stock. Strs Ohio bought a new stake in shares of AG Mortgage Investment Trust, Inc. (NYSE:MITT – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 5,400 shares of the real estate investment trust’s stock, valued at approximately $39,000. Institutional investors own 27.32% of the company’s stock.
About AG Mortgage Investment Trust
AG Mortgage Investment Trust, Inc operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio includes residential investments, including non-agency loans, agency-eligible loans, re-and non-performing loans, and non-agency residential mortgage-backed securities, as well as commercial loans and commercial mortgage-backed securities.
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