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

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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.

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The massive beatdown in mortgage REITs and BDCs triggered a wave of upgrades. It was quite a while since we had so many bullish outlooks for the sector.

Big Opportunity For Big Yields

ACRES Commercial Realty Corp.

Jerome Powell swings a wrecking ball into the markets. Even assets that would normally benefit from higher rates are down because of economic risk.

High Yield Carnage Begins

AG Mortgage Investment Trust Inc (NYSE:MITT ) Q4 2022 Results Conference Call February 23, 2023 8:30 AM ET Company Participants Jenny Neslin - General Counsel T.J. Durkin - President & Chief Executive Officer Nick Smith - Chief Investment Officer Anthony Rossiello - Chief Financial Officer Conference Call Participants Doug Harter - Credit Suisse Mike Smith - Keefe, Bruyette & Woods Eric Hagen - BTIG Matthew Erdner - Jones Trading Operator Good day, and thank you for standing by.

AG Mortgage Investment Trust Inc (MITT) Q4 2022 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, 2022. FULL YEAR AND FOURTH QUARTER 2022 FINANCIAL HIGHLIGHTS Full Year 2022: $11.39 Book Value per share as of December 31, 2022 as compared to $14.64 as of December 31, 2021(1) $11.03 Adjusted Book Value per share as of December 31, 2022 as compared to $14.

AG Mortgage Investment Trust, Inc. Reports Full Year and Fourth Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release fourth quarter 2022 financial results prior to market open on Thursday, February 23, 2023. The Company will host a conference call to discuss the results on Thursday, February 23, 2023, at 8:30 a.m. Eastern Time. To participate in the call, please dial (800) 445-7795 at least five minutes prior to the start time. International callers should dial (785) 424-1699.

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

NEW YORK--( BUSINESS WIRE )--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today the tax treatment of common and preferred stock distributions paid to stockholders in 2022. This information is provided to assist stockholders with tax reporting requirements related to distributions of taxable income by the Company.

AG Mortgage Investment Trust, Inc. Announces Tax Treatment of 2022 Distributions

MITT.PA: 8.25% Series A Cumulative Redeem Preferred Stock is currently callable. MITT.PB: 8.00% Series A Cumulative Redeem Preferred Stock is also callable. Other than the coupon, A and B have the same features.

AG Mortgage Investment Trust Preferreds Reviewed

NEW YORK--( BUSINESS WIRE )--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced that its Board of Directors has declared a dividend of $0.18 per common share for the fourth quarter 2022. The dividend is payable on January 31, 2023 to shareholders of record at the close of business on December 30, 2022.

AG Mortgage Investment Trust, Inc. Announces Fourth Quarter 2022 Common Dividend of $0.18 per Share

AG Mortgage Investment Trust, Inc. (NYSE:MITT ) Q3 2022 Earnings Conference Call November 4, 2022 8:30 AM ET Company Participants Jenny Neslin - General Counsel T.J. Durkin - President & Chief Executive Officer Nick Smith - Chief Investment Officer Anthony Rossiello - Chief Financial Officer Conference Call Participants Doug Harter - Credit Suisse Trevor Cranston - JMP Securities Jason Stewart - Jones Trading Eric Hagen - BTIG Operator Good day, and thank you for standing by.

AG Mortgage Investment Trust, Inc. (MITT) Q3 2022 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, 2022.

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

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release third quarter 2022 financial results prior to market open on Friday, November 4, 2022.

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

Multiple interest rate hikes, coupled with a likely recession, will be a hindrance for MITT stock in generating a high revenue and resulting profit. MITT repurchased 1.4 million shares for an average price of $7.70 per share during Q2 2022, and its board has authorized a further buy-back budget of $15 million.

AG Mortgage Investment: A High Yielding Relatively Risky mREIT At A Risk-Adjusted Price

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today an update on its portfolio and liquidity position, including certain preliminary estimated financial information as of and for the quarter ended September 30, 2022.

AG Mortgage Investment Trust, Inc. Provides Update to Shareholders

Two Harbors Investment

When investing in mortgage real estate investment trusts, one advantage investors should know about is that they typically have higher yields than equity REITs, and should never trade at a premium to their book value more than the dividend yield.

These 2 Mortgage REITs Have Yields Higher Than 15% And Are Trading Below Book Value - AG Mortgage Investment (NYSE:MITT), Two Harbors Investment (NYSE:TWO)

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced that its Board of Directors (the “Board”) has appointed T.J. Durkin as the Company's Chief Executive Officer, effective October 1, 2022. In addition to the new CEO role, Mr. Durkin will continue his roles as the Company's President and as a member of the Board. David Roberts, who has served as the Company's CEO since its initial public offering in 2011, will resign as the Company's Chairman and

AG Mortgage Investment Trust, Inc. Announces Series of Corporate Governance Changes

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 2022. The dividend is payable on October 31, 2022 to shareholders of record at the close of business on September 30, 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

AG Mortgage Investment Trust, Inc. Announces Third Quarter 2022 Common Dividend of $0.21 per Share

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July 29 - August 31, 2022 readers mentioned 38 equities in their comments. Some lamented bad-news, so bad-news investments (rogues) mixed with (mostly) favorites. (Thus, these are ReFa/Ro.). Ten analyst-target-estimated TOP-NET-GAIN reader fave/rogues, T, PNNT, MPW, SWK, RC, TRN, PACW, VALE, SBLK, & MITT averaged 64.86% net gains from data collected 9/2/22.

28 Prime-Buy August Reader Dividend Dogs

AG Mortgage Investment Trust, Inc. (NYSE:MITT ) Q2 2022 Results Conference Call August 3, 2022 5:00 PM ET Company Participants Jenny Neslin - General Counsel David Roberts - Chairman and CEO T.J. Durkin - President Nick Smith - Chief Investment Officer Anthony Rossiello - CFO Conference Call Participants Mike Smith - KBW Trevor Cranston - JMP Securities Matthew Erdner - Jones Trading Doug Harter - Credit Suisse Operator Welcome to the AG Mortgage Investment Trust Second Quarter 2022 Earnings Conference Call.

AG Mortgage Investment Trust, Inc. (MITT) CEO David Roberts on Q2 2022 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 June 30, 2022. Q2 2022 FINANCIAL HIGHLIGHTS $11.48 Book Value per share as of June 30, 2022 compared to $13.68 as of March 31, 2022(1) $11.15 Adjusted Book Value per share as of June 30, 2022 compared to $13.37 as of March 31, 2022(1) Decrease of 16.6% from March 31, 2022 Quarterly economic return on equity of (15.0)%(2) $(2.27

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

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release second quarter 2022 financial results after market close on Wednesday, August 3, 2022. The Company will host a conference call to discuss the results on Wednesday, August 3, 2022, at 5:00 p.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

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

Total originations, non-agency originations are expected to grow manifold in 2022. Historically MITT generated a yield in the range of 11 to 16 percent, and I imagine it will be able to generate a double digit yield this year.

AG Mortgage Investment: Generating High Yield, Trading At Discount

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 second quarter 2022. The dividend is payable on July 29, 2022 to shareholders of record at the close of business on June 30, 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 resi

AG Mortgage Investment Trust, Inc. Announces Second Quarter 2022 Common Dividend of $0.21 per Share

Sun Communities

We're offering you four picks here and three of them carry big dividends. All four offer big discounts. Those discounts can be seen in the price-to-NAV ratio or the discount to call value. These shares all have significant upside in addition to dividends.

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These 5 real estate stocks have declined with the broader stock market, but have solid fundamentals and offer high dividend yields. The post The 5 Best Real Estate Stocks to Buy Now appeared first on InvestorPlace.

The 5 Best Real Estate Stocks to Buy Now

AG Mortgage Investment Trust, Inc. (NYSE:MITT ) Q1 2022 Earnings Conference Call May 6, 2022 8:30 AM ET Company Participants Jenny Neslin - General Counsel and Secretary David Roberts - Chairman and CEO T.J. Durkin - President Nick Smith - Chief Investment Officer Anthony Rossiello - Chief Financial Officer Conference Call Participants Doug Harter - Credit Suisse Jason Stewart - Jones Trading Mike Smith - KBW Operator Good morning.

AG Mortgage Investment Trust, Inc.'s (MITT) CEO David Roberts on Q1 2022 Results - Earnings Call Transcript

News for AG Mortgage Investment Trust Stock (MITT)