WallStreetZenWallStreetZen

NYSE: MITT
Ag Mortgage Investment Trust Inc Stock

$5.81+0.01 (+0.17%)
Updated Mar 18, 2024
MITT Price
$5.81
Fair Value Price
N/A
Market Cap
$171.12M
52 Week Low
$4.82
52 Week High
$6.89
P/E
3.46x
P/B
0.32x
P/S
1.43x
PEG
N/A
Dividend Yield
12.39%
Revenue
$93.85M
Earnings
$53.78M
Gross Margin
100%
Operating Margin
57.31%
Profit Margin
37.8%
Debt to Equity
10.6
Operating Cash Flow
$28M
Beta
1.41
Next Earnings
May 3, 2024
Ex-Dividend
Mar 27, 2024
Next Dividend
Apr 30, 2024

MITT Overview

AG Mortgage Investment Trust Incorporated is a REIT that invests in residential mortgage-related assets in the U.S. The company's principal objective is to provide attractive risk-adjusted returns to its stockholders over the long-term, primarily through dividends and capital appreciation. Its portfolio includes Agency Residential Mortgage-backed securities (RMBS). AG Mortgage was incorporated in 2011 and is headquartered in New York, NY.

Zen Score

Industry Average (22)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how MITT scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

MITT was unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
MITT is good value based on its earnings relative to its share price (3.46x), compared to the US market average (41.38x)
P/E vs Market Valuation
MITT is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more MITT due diligence checks available for Premium users.

Be the first to know about important MITT news, forecast changes, insider trades & much more!

MITT News

Valuation

MITT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
3.46x
Industry
39.93x
Market
41.38x
MITT is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
MITT is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

MITT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.32x
Industry
0.73x
MITT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MITT's financial health

Profit margin

Revenue
$45.4M
Net Income
$35.4M
Profit Margin
67.7%
MITT's Earnings (EBIT) of $53.78M... subscribe to Premium to read more.
Interest Coverage Financials
MITT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$6.1B
Liabilities
$5.6B
Debt to equity
10.6
MITT's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
MITT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$10.0M
Investing
$38.1M
Financing
-$61.8M
MITT's operating cash flow ($28.13M)... subscribe to Premium to read more.
Debt Coverage Financials

MITT vs Mortgage REIT Stocks

TickerMarket Cap1d %P/EP/B
MITT$171.12M+0.17%3.46x0.32x
SACH$202.74M+5.42%9.51x0.86x
EARN$129.42M+2.19%21.06x0.95x
LFT$114.95M-0.45%7.59x0.48x
NREF$231.77M-1.68%-20.69x0.67x

Ag Mortgage Investment Trust Stock FAQ

What is Ag Mortgage Investment Trust's quote symbol?

(NYSE: MITT) Ag Mortgage Investment Trust trades on the NYSE under the ticker symbol MITT. Ag Mortgage Investment Trust stock quotes can also be displayed as NYSE: MITT.

If you're new to stock investing, here's how to buy Ag Mortgage Investment Trust stock.

What is the 52 week high and low for Ag Mortgage Investment Trust (NYSE: MITT)?

(NYSE: MITT) Ag Mortgage Investment Trust's 52-week high was $6.89, and its 52-week low was $4.82. It is currently -15.67% from its 52-week high and 20.54% from its 52-week low.

How much is Ag Mortgage Investment Trust stock worth today?

(NYSE: MITT) Ag Mortgage Investment Trust currently has 29,452,618 outstanding shares. With Ag Mortgage Investment Trust stock trading at $5.81 per share, the total value of Ag Mortgage Investment Trust stock (market capitalization) is $171.12M.

Ag Mortgage Investment Trust stock was originally listed at a price of $58.92 in Jun 30, 2011. If you had invested in Ag Mortgage Investment Trust stock at $58.92, your return over the last 12 years would have been -90.14%, for an annualized return of -17.56% (not including any dividends or dividend reinvestments).

How much is Ag Mortgage Investment Trust's stock price per share?

(NYSE: MITT) Ag Mortgage Investment Trust stock price per share is $5.81 today (as of Mar 18, 2024).

What is Ag Mortgage Investment Trust's Market Cap?

(NYSE: MITT) Ag Mortgage Investment Trust's market cap is $171.12M, as of Mar 19, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Ag Mortgage Investment Trust's market cap is calculated by multiplying MITT's current stock price of $5.81 by MITT's total outstanding shares of 29,452,618.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.