AG Mortgage Investment Trust (MITT) Projected to Post Quarterly Earnings on Friday

AG Mortgage Investment Trust (NYSE:MITT - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Friday, May 2nd. Analysts expect the company to announce earnings of $0.27 per share and revenue of $18.67 million for the quarter.

AG Mortgage Investment Trust (NYSE:MITT - Get Free Report) last issued its quarterly earnings data on Monday, March 3rd. The real estate investment trust reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by ($0.01). The company had revenue of $22.00 million for the quarter, compared to the consensus estimate of $18.44 million. AG Mortgage Investment Trust had a net margin of 20.19% and a return on equity of 9.70%. 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 Stock Performance

Shares of AG Mortgage Investment Trust stock opened at $6.25 on Friday. AG Mortgage Investment Trust has a one year low of $5.50 and a one year high of $7.95. The company has a market capitalization of $185.37 million, a PE ratio of 2.74 and a beta of 1.46. The company has a 50-day simple moving average of $7.05 and a two-hundred day simple moving average of $6.97.

AG Mortgage Investment Trust Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be paid a $0.20 dividend. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from AG Mortgage Investment Trust's previous quarterly dividend of $0.19. This represents a $0.80 dividend on an annualized basis and a yield of 12.80%. AG Mortgage Investment Trust's dividend payout ratio (DPR) is 65.04%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on MITT. Jones Trading dropped their target price on AG Mortgage Investment Trust from $8.50 to $8.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th. JMP Securities reaffirmed a "market outperform" rating and issued a $8.50 price target on shares of AG Mortgage Investment Trust in a report on Thursday, January 23rd. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $8.20.

AG Mortgage Investment Trust Company Profile

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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