AG Mortgage Investment Trust (MITT) has named T.J. Durkin as the company''s CEO effective Oct
AG Mortgage Investment Trust (NYSE:MITT) declares $0.21/share quarterly dividend, in line with previous.Forward yield 14.83%Payable Oct. 31; for shareholders of record Sept. 30; ex-div Sept.
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
MITT earnings call for the period ending June 30, 2022.
AG Mortgage Investment Trust, Inc. (NYSE:NYSE:MITT) Q2 2022 Results Conference Call August 03, 2022 05:00 PM ET Company Participants Jenny Neslin - General Counsel David Roberts - Chairman…
AG Mortgage Investment (NYSE: MITT ) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM. Here''s what investors need to know about the announcement. Earnings AG Mortgage Investment beat estimated earnings by 122.86%, reporting an EPS of $0.08 versus … Full story available on Benzinga.com
AG Mortgage Investment Trust press release (MITT): Q2 Non-GAAP EPS of $0.08.$11.15 Adjusted Book Value per share as of June 30, 2022 compared to $13.37 as of March 31, 2022
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
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
Keefe Bruyette Analyst Bose George downgraded AG Mortgage Investment Trust''s (MITT) rating to Market Perform from Outperform, with a price target of $8.50.Earnings, book value estimates…
Historically, AG Mortgage Investment (MITT) generated a yield in the range of 11-16%. Read more to see why I expect MITT to trade somewhere near its book value.
AG Mortgage Investment Trust, Inc. saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 409,100 shares, an…
These five real estate stocks to buy combine value and growth to hedge against high inflation as sales conditions in the U.S. housing market remain strong. Ready Capital ( RC ): This company trades at an 8.5% discount to its book value per share with a dividend yield of 11.65%. MFA Financial ( MFA ): Very strong Q1 2022 earnings and revenue support the current stock price. AFC Gamma ( AFCG ): This company beat Q1 2022 earnings and revenue estimates and has a dividend yield of 12.91%. AG Mortgage Investment Trust ( MITT ): MITT trades at a discount of 44% to its book value per share. Sachem Capital ( SACH ): Trading near its 52-week low, this company represents a great investment opportunity with an 80.3% increase in revenue in Q1 2022. Source: Stock-Asso / Shutterstock Real estate, I believe, is a sector that shouldn’t be correlated with the stock market and the bond market, as it is a different asset class. After the 2008 financial crisis that fueled a housing bubble, things seem to have changed a lot.
The following slide deck was published by AG Mortgage Investment Trust, Inc.
AG Mortgage Investment Trust, Inc. (NYSE:MITT) with the stream of 3.81% also noticed, India Regulus Therapeutics Inc. (NASDAQ:RGLS) encountered a rapid change of 2.58% in the last hour of Tuesdays The post Super Crazy Volume Spikes: AG Mortgage Investment Trust, Inc. (NYSE:MITT), Regulus Therapeutics Inc. (NASDAQ:RGLS) appeared first on Stocks Equity .
AG Mortgage Investment Trust, Inc. (MITT) with the stream of -3.74% also noticed, India Color Star Technology Co., Ltd. (CSCW) encountered a rapid change of -1.94% in the last hour The post Miraculous Stock: AG Mortgage Investment Trust, Inc. (NYSE:MITT), Color Star Technology Co., Ltd. (NASDAQ:CSCW) appeared first on Stocks Equity .
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. Announces Second Quarter 2021 Common Dividend of $0.07 per Share.
Aeterna Zentaris Inc. (NASDAQ:AEZS) with the stream of 13.95% also noticed, India AG Mortgage Investment Trust, Inc. (NYSE:MITT) encountered a rapid change of -1.36% in the last hour of trading The post Technical Indicators under Consideration: Aeterna Zentaris Inc. (NASDAQ:AEZS), AG Mortgage Investment Trust, Inc. (NYSE:MITT) appeared first on Stocks Equity .
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the Company) announced today that its Board of Directors (the Board) has declared second quarter 2021 preferred stock dividends. In accordance with the terms of its 8.25% Series A Cumulative Redeemable Preferred Stock (the Series A Preferred Stock), the Board declared a quarterly cash dividend of $0.51563 per share on its Series A Preferred Stock. In accordance with the terms of its 8.00% Series B Cumulative Redee
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) announced that its Board of Directors has declared a dividend of $0.06 per common share for the first quarter 2021. The dividend is payable on April 30, 2021 to shareholders of record at the close of business on April 1, 2021. About AG Mortgage Investment Trust, Inc. AG Mortgage Investment Trust, Inc. is a hybrid mortgage REIT that opportunistically invests in a diversified risk-adjusted portfolio of Credit Investments a
AG Mortgage Investment Trust Inc. shares closed this week 29.2% higher than it did at the end of last week. The stock is currently up 50.2% year-to-date, down 71.9% over the past 12 months, and down 38.8% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 2.1%. Trading Activity Shares traded as high as $4.96 and as low as $3.77 this week.Shares closed 7e+1% below its 52-week high and 2e+2% above its 52-week low.Trading volume this week was 23.4% lower than the 10-day average and 21.0% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 2.0. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price beats the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Financials industry sector this week, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 845.1% The company's stock price performance over the past 12 months lags the peer average by 970.3% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
AG Mortgage Investment Trust Inc. shares closed today 17.8% higher than it did at the end of yesterday. The stock is currently up 16.3% year-to-date, down 78.9% over the past 12 months, and down 52.7% over the past five years. Today, the Dow Jones Industrial Average fell 0.2%, and the S&P 500 fell 0.2%. Trading Activity Shares traded as high as $4.00 and as low as $3.41 this week.Shares closed 8e+1% below its 52-week high and 2e+2% above its 52-week low.Trading volume this week was 24.0% higher than the 10-day average and 24.7% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.9. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Financials industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 277.1% The company's stock price performance over the past 12 months lags the peer average by 516.5% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
AG Mortgage Investment Trust announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…
NEW YORK–(BUSINESS WIRE)–AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release fourth quarter 2020 financial results prior to the market open on Friday, February 19, 2021. The Company will host a conference call to discuss the results on Friday, February 19, 2021, at 8:30 a.m. Eastern Time. To participate… Read More »AG Mortgage Investment Trust, Inc. Schedules Fourth Quarter 2020 Earnings Release and Conference Call
AG Mortgage Investment Trust Inc. shares closed today 10.3% lower than it did at the end of yesterday. The stock is currently up 35.3% year-to-date, down 74.3% over the past 12 months, and down 43.7% over the past five years. Today, the Dow Jones Industrial Average rose 0.9%, and the S&P 500 rose 0.9%. Trading Activity Shares traded as high as $4.58 and as low as $2.93 this week.Shares closed 8e+1% below its 52-week high and 1e+2% above its 52-week low.Trading volume this week was 29.7% higher than the 10-day average and 143.3% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.9. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price lags the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price lags the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis The company share price lags the performance of its peers in the Financials industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock priceperformance year-to-date beats the peer average by -1375.6% The company's stock price performance over the past 12 months lags the peer average by 263.8% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
AG Mortgage Investment Trust Inc. shares closed today 28.7% higher than it did at the end of yesterday. The stock is currently up 12.2% year-to-date, down 78.8% over the past 12 months, and down 51.3% over the past five years. Today, the Dow Jones Industrial Average fell 0.1%, and the S&P 500 fell 0.2%. Trading Activity Shares traded as high as $3.36 and as low as $2.89 this week.Shares closed 7e+1% below its 52-week high and 2e+2% above its 52-week low.Trading volume this week was 91.6% higher than the 10-day average and 121.5% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.9. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Financials industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock priceperformance year-to-date beats the peer average by -5952.6% The company's stock price performance over the past 12 months lags the peer average by 316.4% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
NEW YORK–(BUSINESS WIRE)–AG Mortgage Investment Trust, Inc. (NYSE: MITT) (“MITT” or the “Company”) is pleased to announce that Dianne Hurley, a seasoned real estate industry executive, has joined its Board of Directors, effective December 1, 2020. She will serve as a member of the Company’s Audit Committee. With the appointment of Ms. Hurley, the Board… Read More »AG Mortgage Investment Trust, Inc. Appoints Dianne Hurley To Board of Directors
AG Mortgage Investment Trust (NYSE:MITT) and MFA Financial (NYSE:MFA) are both small-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, valuation, profitability, institutional ownership, risk, analyst recommendations and earnings. Earnings & Valuation This table compares AG Mortgage Investment Trust and MFA Financial’s […]
AG Mortgage Investment Trust (NYSE:MITT) and MFA Financial (NYSE:MFA) are both small-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, risk, profitability, dividends, earnings and analyst recommendations. Earnings and Valuation This table compares AG Mortgage Investment Trust and MFA Financial’s […]
AG Mortgage Investment Trust (NYSE:MITT) and MFA Financial (NYSE:MFA) are both small-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, earnings, institutional ownership, dividends, valuation, analyst recommendations and risk. Insider and Institutional Ownership 36.3% of AG Mortgage Investment Trust shares are held […]
Shares of AG Mortgage Investment (NYSE:MITT) moved higher by 2.5% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings …
Mortgage Lenders Demand Fed Bailout… After Blaming Fed For Forcing "Staggering, Unprecedented" Margin Calls There's another 'epidemic' ripping through America that, for many on Wall Street, is just as terrifying as COVID-19... and this time The Fed is to blame. We reported last week on the multitude of mortgage companies that were facing an existential threat from massive margin calls: First, its was AG Mortgage Investment Trust which on Friday said it failed to meet some margin calls and doesn’t expect to be able to meet future margin calls with its current financing. Then it was TPG RE Finance Trust which also hit a liquidity wall and could not repay its lenders. Then, on Monday it was first Invesco , then ED&F Man Capital , and now the mortgage mayhem that erupted as a daisy-chain of mortgage REITs suddenly imploded, has taken down MFA Financial , whose crashing stock was halted after the company reported that "due to the turmoil in the financial markets resulting from the global pandemic of the COVID-19 virus, the Company and its subsidiaries have received an unusually high number of margin calls from financing counterparties, and have also experienced higher funding costs in respect of its repurchase agreements." All of which means - in no surprise whatsoever - that these mortgage-related firms are demanding a bailout!!
Major Mortgage-Lender Slashes 70% Of Workforce, Warns "World Has Dramatically Changed" Earlier this week, we highlighted the fact that numerous mortgage-related companies were facing considerable - and in some cases existential - crises in their day-to-day operations amid margin calls, illiquidity, and a drying up of demand for non-agency products thanks to The Fed's intervention. First , its was AG Mortgage Investment Trust which last Friday said it failed to meet some margin calls and doesn’t expect to be able to meet future margin calls with its current financing. Then it was TPG RE Finance Trust which also hit a liquidity wall and could not repay its lenders. Then, on Monday it was first Invesco , then ED&F Man Capital, and then the mortgage mayhem took down MFA Financial , which stated "due to the turmoil in the financial markets resulting from the global pandemic of the COVID-19 virus, the Company and its subsidiaries have received an unusually high number of margin calls from financing counterparties, and have also experienced higher funding costs in respect of its repurchase agreements." And now that mortgage-mayhem has impacted one of the largest U.S. mortgage firms catering to riskier borrowers .
2007 Redux - Mortgage Fund Considers Asset-Sale After "High Number Of Margin Calls" On the day when The Fed unveils it will be buying agency MBS and CMBS (along with IG corporate debt) in unlimited size "to maintain the smooth functioning of markets," The Wall Street Journal reports that for at least one major mortgage investor - it could be too late. For a sense of the scale of collapse in CMBS markets alone, here is CMBX Series 6 BBB- tranche (a popular hedge fund "next big short" trade that is heavily exposed to malls/retail)… And mortgage markets are becoming notably illiquid (hence The Fed's unlimited injections)... And the infamous 'basis' trade in ETF land, is extreme... All of which has left an investment fund focused on mortgage investments struggling to meet margin calls from lenders. WSJ's Greg Zuckerman reports that the AG Mortgage Investment Trust, a real-estate investment trust operated by New York hedge fund Angelo, Gordon & Co., is among those feeling pressure, the company said, and, in the latest sign of turmoil in crucial areas of the credit markets, is examining a possible asset sale. “In recent weeks, due to the turmoil in the financial markets resulting from the global pandemic of the Covid-19 virus, the company and its subsidiaries have received an unusually high number of margin calls from financing counterparties,” AG Mortgage said Monday morning.
Every investor in AG Mortgage Investment Trust, Inc. (NYSE:MITT) should be aware of the most powerful shareholder…
NEW YORK (AP) _ AG Mortgage Investment Trust Inc. (MITT) on Monday reported third-quarter net income of $10 million. On a per-share basis, the New York-based company said it had net income of 19 cents. Earnings, adjusted for non-recurring costs, were 40 cents per share. The real estate investment trust posted revenue of $40.7 million in the period. Its adjusted revenue was $17.6 million. AG Mortgage Investment Trust shares have fallen nearly 2% since the beginning of the year. In the final minutes of trading on Monday, shares hit $15.65, a drop of 10% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MITT at https://www.zacks.com/ap/MITT
MITT earnings call for the period ending March 31, 2019.
AG Mortgage Investment Trust is a high-yield/high-risk mortgage REIT. MITT has less risk than the average mortgage REIT in the sector due to a more conservative