1.85%
3.53%
-5.56%
-10.82%
10.51%
-34.55%
-85.52%
AI Spotlight on MITT
Company 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.
Market Data
| Last Price | 6.88 |
| Change Percentage | 1.85% |
| Open | 6.78 |
| Previous Close | 6.76 |
| Market Cap ( Millions) | 203 |
| Volume | 158897 |
| Year High | 7.95 |
| Year Low | 5.44 |
| M A 50 | 6.76 |
| M A 200 | 6.92 |
Financial Ratios
| FCF Yield | 28.46% |
| Dividend Yield | 10.89% |
| ROE | 13.49% |
| Debt / Equity | 1181.78% |
| Net Debt / EBIDTA | 5674.13% |
| Price To Book | 0.38 |
| Price Earnings Ratio | 2.81 |
| Price To FCF | 3.51 |
| Price To sales | 0.54 |
| EV / EBITDA | 58.58 |
News
- Jan -23 - Past Time To Take Gains On These Big Yielders
- Dec -16 - AG Mortgage Investment Trust, Inc. Announces Fourth Quarter 2024 Common Dividend of $0.19 per Share
- Nov -05 - AG Mortgage Investment Trust, Inc. (MITT) Q3 2024 Earnings Call Transcript
- Nov -05 - AG Mortgage Investment Trust: Stocks Selling Off As Rates Move Wildly
- Nov -05 - AG Mortgage Investment Trust (MITT) Misses Q3 Earnings and Revenue Estimates
- Nov -05 - AG Mortgage Investment Trust, Inc. Reports Third Quarter 2024 Results
- Oct -29 - AG Mortgage Investment Trust (MITT) to Report Q3 Results: Wall Street Expects Earnings Growth
- Aug -04 - AG Mortgage Investment Trust, Inc. (MITT) Q2 2024 Earnings Call Transcript
- Jul -21 - Mortgage REITs Surging
- Jul -03 - AG Mortgage: Double-Digit Yield From Fixed-Rate Preferred Shares With Reasonable Risk
- Jul -03 - AG Mortgage Investment Trust Now Offers Investors 2 Notes Maturing In 2029
- Jun -16 - Preferreds Weekly Review: Lots Of Moving Parts In CIM
- Jun -13 - AG Mortgage Investment Trust, Inc. Increases Quarterly Common Dividend 5.6% to $0.19 per Share
- Jun -04 - New Preferred Stock And Exchange Traded Debt IPOs, May 2024
- Jun -02 - Preferreds Weekly Review: Tight Spreads Make For A Compelling Issuance Environment
- Jun -02 - Eyes On The ECB
- May -28 - AG Mortgage Investment Trust, Inc. Set to Join the Russell 3000® Index
- May -15 - AG Mortgage Investment Trust, Inc. Announces Closing of Public Offering of $65 Million Senior Notes
- May -14 - Russian Armed Forces are ready with Bulava intercontinental missile
- May -03 - AG Mortgage Investment Trust, Inc. (MITT) Q1 2024 Earnings Call Transcript
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Real Estate Investment Trust
Expected Growth : 5.0 %
What the company do ?
AG Mortgage Investment Trust, Inc.'s Real Estate Investment Trust (REIT) invests in residential mortgage-backed securities, other real estate-related assets, and mortgage loans.
Why we expect these perspectives ?
AG Mortgage Investment Trust, Inc.'s 5.0% growth in Real Estate Investment Trust (REIT) is driven by increasing demand for mortgage-backed securities, diversification of investment portfolio, and strategic acquisitions. Additionally, the company's focus on residential mortgage investments and hedging strategies have contributed to its growth.
Ag Mortgage Investment Trust, Inc. Products
| Product Range | What is it ? |
|---|---|
| Residential Mortgage Investments | AG Mortgage Investment Trust, Inc. invests in residential mortgage-backed securities (RMBS) and other residential mortgage-related assets. |
| Commercial Mortgage Investments | The company invests in commercial mortgage-backed securities (CMBS) and other commercial mortgage-related assets. |
| Non-Agency Residential Mortgage Investments | AG Mortgage Investment Trust, Inc. invests in non-agency residential mortgage-backed securities and other non-agency residential mortgage-related assets. |
| Agency Residential Mortgage Investments | The company invests in agency residential mortgage-backed securities and other agency residential mortgage-related assets. |
| Mortgage Servicing Rights | AG Mortgage Investment Trust, Inc. acquires and manages mortgage servicing rights (MSRs) for residential mortgages. |
AG Mortgage Investment Trust, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for AG Mortgage Investment Trust, Inc. is medium. While there are alternative investment options available, the company's focus on mortgage investments provides a unique value proposition that differentiates it from other investment options.
Bargaining Power Of Customers
The bargaining power of customers for AG Mortgage Investment Trust, Inc. is low. As a mortgage investment trust, the company's customers are primarily institutional investors who have limited bargaining power.
Bargaining Power Of Suppliers
The bargaining power of suppliers for AG Mortgage Investment Trust, Inc. is medium. While the company relies on a limited number of suppliers for mortgage investments, it has some flexibility to negotiate prices and terms.
Threat Of New Entrants
The threat of new entrants for AG Mortgage Investment Trust, Inc. is high. The mortgage investment trust industry is relatively easy to enter, and new entrants could potentially disrupt the market.
Intensity Of Rivalry
The intensity of rivalry for AG Mortgage Investment Trust, Inc. is high. The mortgage investment trust industry is highly competitive, with many established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 91.33% |
| Debt Cost | 3.95% |
| Equity Weight | 8.67% |
| Equity Cost | 13.90% |
| WACC | 4.81% |
| Leverage | 1053.14% |
AG Mortgage Investment Trust, Inc. : Quality Control
AG Mortgage Investment Trust, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| PMT | PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. The company's Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, … |
| SACH | Sachem Capital Corp. operates as a real estate finance company. The company is involved in the originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first … |
| AOMR | Angel Oak Mortgage, Inc., a real estate finance company, focuses on acquiring and investing in first lien non- qualified mortgage loans and other mortgage-related assets in the United States mortgage … |
| FBRT | Franklin BSP Realty Trust, Inc., a real estate finance company, originates, acquires, and manages a portfolio of commercial real estate debt secured by properties located in the United States. The … |
| LFT | Lument Finance Trust, Inc., a real estate investment trust, focuses on investing in, financing, and managing a portfolio of commercial real estate (CRE) debt investments in the United States. The … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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