Buy or Sell ? Support and Resistance
What is MACD and how to read it?
How RSI can help?
MITT Stock Summary
Top 10 Correlated ETFs
MITT
In the News

A November To Remember
U.S. equity markets continued their November rally into the Thanksgiving week, while benchmark interest rates held steady around two-month lows as investors weighed easing geopolitical tensions alongside mixed economic data. Gaining for a fourth straight week since dipping into "correction territory" at the end of October, the S&P 500 gained another 1.0% this week, while the tech-heavy Nasdaq 100 advanced 0.9%. Following a nearly 5% surge in the prior week, real estate equities also finished modestly higher this week. The Equity REIT Index advanced another 0.8%, but Mortgage REITs slipped 0.2%.

Readers Post 31 October Dividend Buy Candidates
Prior to September 30, 2023, my Readers mentioned 36 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: MVRL, FSK, T, RC, MO, BRSP, AHOTF, AB, WBA, and MITT averaged 56.52% net gains from reader data collected 11/15/23. Ten analyst-target-augured October TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: ABR, MMM, RC, O, BRSP, MO, T, AB, WBA, & MITT boasting a 47.19% average target price upside estimate.

AG Mortgage Investment Trust, Inc. (MITT) Q3 2023 Earnings Call Transcript
AG Mortgage Investment Trust, Inc. (NYSE:MITT ) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Corporate Participants Jenny Neslin - General Counsel T.J. Durkin - President & Chief Executive Officer Nick Smith - Chief Investment Officer Anthony Rosiello - Chief Financial Officer Conference Call Participants Trevor Cranston - JMP Securities Bose George - KBW Matthew Erdner - JonesTrading Operator Good day and thank you for standing by.

AG Mortgage Investment Trust, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release third quarter 2023 financial results after market close on Tuesday, November 7, 2023. The Company will host a conference call to discuss the results on Tuesday, November 7, 2023, at 5:00 p.m. Eastern Time. To participate in the call by telephone, please dial (800) 579-2543 at least five minutes prior to the start time. International callers should dial (785) 424-1789.

Big Dividend Yields Going Higher, Dumb Debt, And Snark
Rising interest rates pose challenges for many REITs by impacting debt rollovers and investor alternatives. Higher rates will add around $2 billion to the national debt over the next decade. Even more if they create a recession. Apartment construction is declining, affecting rental unit supply and potentially leading to increased rental rates. Pretty obvious when you think about it.

Readers Post 32 August Dividend Buy Candidates
Prior to August 31, 2023, my Readers mentioned 37 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: PFE, PBR, O, T, BRSP, BTI, PRB.A, VOD, WBA, and MITT, averaged 48.7% net gains from reader data collected 8/18/23. Ten analyst-target-augured August TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: MMM, KHC, BRSP, T, O, PFE, BTI, VOD, WBA, & MITT boasting a 46.54% average target price upside estimate.

AG Mortgage Investment: Income Name On Sale
AG Mortgage Investment Trust stock has been in rally mode recently while other mREITs have struggled. AG Mortgage Investment Trust has reported positive income metrics and covered its dividend, indicating stability. The stock is trading at a massive discount, balancing the risk-reward here.

Readers Post 20 July Dividend Buys
Prior to July 31, my readers mentioned 39 equities in their comments on my articles. Some bad news investments (Rogues) mixed with (mostly) Favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: MO, ACRE, PFE, O, KHC, MDV, VFC, BRSP, BTI, and MITT, averaged 48.7% net gains from reader data collected 8/18/23. Ten analyst-target-augured July top-price upside reader faves and rogues (ReFa/Ro) were: MDV, BIIB, KHC, PARA, VFC, DIS, BRSP, BTI and MITT boasting a 47.71% average target price upside estimate.

My 3 Top High Dividend Yield Picks (8-11% Yields)
High-yield investments come with a certain degree of controversy. You're either getting a high yield because of high risk, or because of certain biases from the investment community. Here are 3 top high-yield investment ideas.

Angelo Gordon-backed REIT in $300 mln bid for Western Asset Mortgage
AG Mortgage Investment Trust Inc , a real estate investment trust (REIT) managed by Angelo Gordon & Co, made a stock-and-cash offer on Thursday for Western Asset Mortgage Capital Corp , a peer managed by Franklin Resources Inc , that values it at about $300 million, including debt.
MITT Financial details
MITT Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2022-12-31
Metric | History | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
---|---|---|---|---|---|---|
2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
Revenue per share | 1.76 | 11.09 | -33.28 | 6.15 | 0.01 | |
Net income per share | 0.17 | 8.66 | -35.88 | 6.42 | -7.07 | |
Operating cash flow per share | 8.25 | 6.08 | 0.35 | 1.62 | 0.98 | |
Free cash flow per share | 5.59 | 6.08 | 0.35 | 1.62 | 0.98 | |
Cash per share | 3.34 | 7.61 | 4.09 | 4.19 | 6.8 | |
Book value per share | 69.32 | 79.12 | 34.93 | 35.13 | 20.22 | |
Tangible book value per share | 66.5 | 77.47 | 34.66 | 36.08 | 20.22 | |
Share holders equity per share | 69.32 | 79.12 | 34.93 | 35.13 | 20.22 | |
Interest debt per share | 307 | 341.03 | 38.81 | 172.74 | 174.86 | |
Market cap | 452.28M | 496.4M | 103.81M | 166.4M | 121.55M | |
Enterprise value | 3.25B | 3.87B | 474.18M | 2.88B | 3.92B | |
P/E ratio | 288.45 | 5.34 | -0.25 | 1.6 | -0.75 | |
Price to sales ratio | 27.09 | 4.17 | -0.27 | 1.67 | 557.55 | |
POCF ratio | 5.8 | 7.61 | 24.98 | 6.33 | 5.4 | |
PFCF ratio | 8.55 | 7.61 | 24.98 | 6.33 | 5.4 | |
P/B Ratio | 0.69 | 0.58 | 0.25 | 0.29 | 0.26 | |
PTB ratio | 0.69 | 0.58 | 0.25 | 0.29 | 0.26 | |
EV to sales | 194.88 | 32.53 | -1.21 | 28.81 | 17.98K | |
Enterprise value over EBITDA | 42.84 | 41.67 | -1.13 | 27.6 | 74.06 | |
EV to operating cash flow | 41.7 | 59.36 | 114.09 | 109.33 | 174.09 | |
EV to free cash flow | 61.55 | 59.36 | 114.09 | 109.33 | 174.09 | |
Earnings yield | 0 | 0.19 | -4.05 | 0.63 | -1.33 | |
Free cash flow yield | 0.12 | 0.13 | 0.04 | 0.16 | 0.19 | |
Debt to equity | 4.32 | 4.2 | 1.02 | 4.87 | 8.39 | |
Debt to assets | 0.8 | 0.82 | 0.3 | 0.83 | 0.89 | |
Net debt to EBITDA | 36.88 | 36.33 | -0.88 | 26 | 71.76 | |
Current ratio | 2.83 | 0.78 | 0.44 | 0 | 11.03 | |
Interest coverage | 1.02 | 1.03 | -11.39 | 3.82 | 0.4 | |
Income quality | 49.77 | 0.67 | -0.01 | 0.25 | -0.42 | |
Dividend Yield | 0.15 | 0.16 | 0.34 | 0.18 | 0.31 | |
Payout ratio | 43.83 | 0.83 | -0.08 | 0.28 | -0.23 | |
Sales general and administrative to revenue | 0.59 | 0.09 | -0.02 | 0.07 | 37.14 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0.01 | 0 | 0 | 0 | 0 | |
Capex to operating cash flow | -0.32 | 0 | 0 | 0 | 0 | |
Capex to revenue | -1.51 | 0 | 0 | 0 | 0 | |
Capex to depreciation | -10.77 | 0 | 0 | 0 | 0 | |
Stock based compensation to revenue | 0.04 | 0.01 | 0 | 0 | 1.5 | |
Graham number | 16.07 | 124.16 | 167.93 | 71.23 | 56.7 | |
ROIC | 0 | 0.02 | -0.51 | 0.04 | 0.04 | |
Return on tangible assets | 0 | 0.02 | -0.3 | 0.03 | -0.04 | |
Graham Net | -300.37 | -317.38 | -80.09 | -166.12 | -163.18 | |
Working capital | 36.48M | -26.61M | -64.6M | 84.23M | 141.56M | |
Tangible asset value | 629.36M | 831.27M | 406.55M | 585.77M | 462.8M | |
Net current asset value | -2.84B | -3.4B | -938.55M | -2.69B | -3.75B | |
Invested capital | 4.32 | 4.2 | 1.02 | 4.87 | 8.39 | |
Average receivables | 19.14M | 20.04M | 9.56M | 10.01M | 18.77M | |
Average payables | 13.79M | 15.99M | 32.65M | 26.63M | 7.06M | |
Average inventory | 0 | 0 | 0 | 0 | 0 | |
Days sales outstanding | 542.67 | 46.75 | -3.62 | 59.07 | 35.82K | |
Days payables outstanding | 487.47 | 235.94 | 1.34K | 0 | 0 | |
Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
Receivables turnover | 0.67 | 7.81 | -100.89 | 6.18 | 0.01 | |
Payables turnover | 0.75 | 1.55 | 0.27 | 0 | 0 | |
Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
ROE | 0 | 0.11 | -1.03 | 0.18 | -0.35 | |
Capex per share | -2.66 | 0 | 0 | 0 | 0 |
Quarterly Fundamentals Overview
Last date of statement is 2023-09-30 for Q3
Metric | History | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 |
---|---|---|---|---|---|---|
2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
Revenue per share | 0.46 | 0.92 | 1.02 | 0.73 | 0.6 | |
Net income per share | -0.13 | -1.49 | 0.6 | 0.4 | -0.11 | |
Operating cash flow per share | 0.17 | 0.26 | 0.31 | 0.42 | -0.02 | |
Free cash flow per share | 0.17 | 0.26 | 0.31 | 0.42 | -0.02 | |
Cash per share | 3.47 | 7.13 | 4.17 | 3.97 | 5.87 | |
Book value per share | 20.73 | 21.21 | 21.93 | 22.75 | 22.28 | |
Tangible book value per share | 20.73 | 21.21 | 21.93 | 24.13 | 23.95 | |
Share holders equity per share | 20.73 | 21.21 | 21.93 | 22.75 | 22.28 | |
Interest debt per share | 178.42 | 180.01 | 198.48 | 206.36 | 220.1 | |
Market cap | 92.04M | 115.89M | 121.13M | 123.92M | 112.22M | |
Enterprise value | 3.98B | 3.91B | 4.17B | 4.17B | 4.39B | |
P/E ratio | -8.02 | -0.89 | 2.41 | 3.85 | -12.96 | |
Price to sales ratio | 9 | 5.79 | 5.65 | 8.33 | 9.27 | |
POCF ratio | 23.55 | 20.28 | 18.55 | 14.47 | -229.01 | |
PFCF ratio | 23.55 | 20.28 | 18.55 | 14.47 | -229.01 | |
P/B Ratio | 0.2 | 0.25 | 0.26 | 0.27 | 0.25 | |
PTB ratio | 0.2 | 0.25 | 0.26 | 0.27 | 0.25 | |
EV to sales | 388.63 | 195.7 | 194.31 | 280.4 | 362.91 | |
Enterprise value over EBITDA | 124.89 | 89.51 | 70.98 | 517.96 | -2.03K | |
EV to operating cash flow | 1.02K | 685.12 | 638.42 | 487.24 | -8.96K | |
EV to free cash flow | 1.02K | 685.12 | 638.42 | 487.24 | -8.96K | |
Earnings yield | -0.03 | -0.28 | 0.1 | 0.07 | -0.02 | |
Free cash flow yield | 0.04 | 0.05 | 0.05 | 0.07 | 0 | |
Debt to equity | 8.53 | 8.39 | 8.95 | 8.96 | 9.76 | |
Debt to assets | 0.89 | 0.89 | 0.89 | 0.89 | 0.9 | |
Net debt to EBITDA | 122 | 86.86 | 68.91 | 502.58 | -1.98K | |
Current ratio | 8.67 | 11.03 | 5.91 | 4.92 | 0 | |
Interest coverage | 0.96 | 0.85 | 1.27 | 0.16 | -0.04 | |
Income quality | -1.36 | 0.49 | 0.52 | 1.06 | 4.5 | |
Dividend Yield | 0.1 | 0.08 | 0.07 | 0.07 | 0.04 | |
Payout ratio | -3.24 | -0.28 | 0.67 | 1.03 | -2.12 | |
Sales general and administrative to revenue | 0.2 | 0.11 | 0.1 | 0.14 | 0.17 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0 | 0 | 0 | 0 | 0 | |
Capex to operating cash flow | 0 | 0 | 0 | 0 | 0 | |
Capex to revenue | 0 | 0 | 0 | 0 | 0 | |
Capex to depreciation | 0 | 0 | 0 | 0 | 0 | |
Stock based compensation to revenue | 0.01 | 0 | 0 | 0.01 | 0 | |
Graham number | 7.73 | 26.64 | 17.14 | 14.27 | 7.33 | |
ROIC | 0.02 | -0.02 | 0.01 | 0 | 0 | |
Return on tangible assets | 0 | -0.01 | 0 | 0 | 0 | |
Graham Net | -173.87 | -171.15 | -192.57 | -199.12 | -211.62 | |
Working capital | 87.83M | 141.56M | 73.02M | 63.97M | 118.74M | |
Tangible asset value | 464.3M | 462.8M | 461.91M | 488.52M | 484.33M | |
Net current asset value | -3.89B | -3.75B | -4.07B | -4.05B | -4.28B | |
Invested capital | 8.53 | 8.39 | 8.95 | 8.96 | 9.76 | |
Average receivables | 19.53M | 21.52M | 20.97M | 21.42M | 11.15M | |
Average payables | 10.03M | 12.79M | 14.49M | 15.6M | 8.17M | |
Average inventory | 0 | 0 | 0 | 0 | 0 | |
Days sales outstanding | 190.42 | 96.25 | 86.17 | 134.85 | 0 | |
Days payables outstanding | 252.5 | 20.7 | 135.96 | 417.47 | 0 | |
Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
Receivables turnover | 0.47 | 0.94 | 1.04 | 0.67 | 0 | |
Payables turnover | 0.36 | 4.35 | 0.66 | 0.22 | 0 | |
Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
ROE | -0.01 | -0.07 | 0.03 | 0.02 | 0 | |
Capex per share | 0 | 0 | 0 | 0 | 0 |
MITT Frequently Asked Questions
What is AG Mortgage Investment Trust, Inc. stock symbol ?
AG Mortgage Investment Trust, Inc. is a US stock , located in New york of Ny and trading under the symbol MITT
Is AG Mortgage Investment Trust, Inc. buy or a sell ?
1 stock analysts have 1 predictions with a medium analyst target price of $8. The lowest prediction is $8 and the highest is $8
What is MITT stock prediction ?
What is AG Mortgage Investment Trust, Inc. stock quote today ?
AG Mortgage Investment Trust, Inc. stock price is $5.75 today.
Is AG Mortgage Investment Trust, Inc. stock public?
Yes, AG Mortgage Investment Trust, Inc. is a publicly traded company.