
MITT Stock Forecast & Price Target
MITT Analyst Ratings
Bulls say
AG Mortgage Investment Trust Inc. has demonstrated significant financial improvement, evidenced by a notable increase in economic return on equity, which rose to 390 basis points. The adjusted book value per share saw a solid increase from $10.58 to $10.64 quarter-over-quarter, reflecting the company's effective management of residential mortgage-backed securities amid modestly tighter spreads. Additionally, the significant growth in the loan pipeline, which rose 76% to $187.4 million, indicates robust expansion potential and a favorable outlook for continued profitability as the company enhances its market presence.
Bears say
AG Mortgage Investment Trust Inc. (MITT) faces challenges stemming from its economic leverage, which has decreased to 1.5x as of the most recent quarter, down from 2.5x in the previous quarter, indicating a potential weakening in its ability to generate returns amid tighter financial conditions. Furthermore, shifts in Federal Reserve policy, particularly increased agency MBS purchases, could lead to lower mortgage rates and heightened prepayment risks, adversely affecting reinvestment yields and overall earnings. Additionally, periods of illiquidity in the mortgage markets may restrict access to secured borrowing arrangements, further complicating MITT's financial stability and growth prospects.
This aggregate rating is based on analysts' research of AG Mortgage Investment Trust and is not a guaranteed prediction by Public.com or investment advice.
MITT Analyst Forecast & Price Prediction
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