AG Mortgage Investment Trust (MITT) Stock Forecast & Price Target

$7.79

-0.08 (-1.02%)

(As of 09/18/2024 ET)

AG Mortgage Investment Trust - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 5 Analyst Ratings

Based on 5 Wall Street analysts who have issued ratings for AG Mortgage Investment Trust in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 5 analysts, 1 has given a hold rating, and 4 have given a buy rating for MITT.

Consensus Price Target

$8.00
2.70% Upside

High Forecast	$9.00
Average Forecast	$8.00
Low Forecast	$7.00

According to the 5 analysts' twelve-month price targets for AG Mortgage Investment Trust, the average price target is $8.00. The highest price target for MITT is $9.00, while the lowest price target for MITT is $7.00. The average price target represents a forecasted upside of 2.70% from the current price of $7.79.

Type	Current Forecast 9/19/23 to 9/18/24	1 Month Ago 8/20/23 to 8/19/24	3 Months Ago 6/21/23 to 6/20/24	1 Year Ago 9/19/22 to 9/19/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	3 Buy rating(s)	2 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$8.00	$8.00	$7.50	$7.13
Forecasted Upside	2.70% Upside	19.23% Upside	17.83% Upside	13.14% Upside

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MITT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MITT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

AG Mortgage Investment Trust Stock vs. The Competition

Type	AG Mortgage Investment Trust	Finance Companies	S&P 500
Consensus Rating Score	2.80	2.47	2.50
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	2.70% Upside	13.09% Upside	7.49% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/26/2024	Piper Sandler 2 of 5 stars	B. Capuzzi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight	$9.00	+21.79%
7/19/2024	JMP Securities 2 of 5 stars		Boost Target	Market Outperform ➝ Market Outperform	$7.50 ➝ $8.50	+13.94%
6/17/2024	Keefe, Bruyette & Woods 4 of 5 stars		Reiterated Rating	Market Perform ➝ Market Perform	$7.50 ➝ $7.50	+9.49%
5/3/2024	Jonestrading Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$8.00 ➝ $8.00	+27.59%
12/6/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$7.00	+25.45%
1/9/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Neutral	$7.00	+18.85%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 10:53 PM ET.

MITT Forecast - Frequently Asked Questions

What is AG Mortgage Investment Trust's forecast for 2024?: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for AG Mortgage Investment Trust is $8.00, with a high forecast of $9.00 and a low forecast of $7.00.
Should I buy or sell AG Mortgage Investment Trust stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AG Mortgage Investment Trust in the last year. There is currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MITT shares.
Does AG Mortgage Investment Trust's stock price have much upside?: According to analysts, AG Mortgage Investment Trust's stock has a predicted upside of 19.23% based on their 12-month stock forecasts.
What analysts cover AG Mortgage Investment Trust?: AG Mortgage Investment Trust has been rated by research analysts at JMP Securities, and Piper Sandler in the past 90 days.
Do Wall Street analysts like AG Mortgage Investment Trust more than its competitors?: Analysts like AG Mortgage Investment Trust more than other "finance" companies. The consensus rating for AG Mortgage Investment Trust is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how MITT compares to other companies.