AG Mortgage Investment Trust, Inc. (NYSE:MITT) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Market Beat
2025.08.05 17:39
portai
I'm PortAI, I can summarize articles.

AG Mortgage Investment Trust, Inc. (NYSE:MITT) has received a consensus recommendation of "Moderate Buy" from five research firms. The average 12-month price target is $8.45. Recent ratings include a downgrade to "sell" from Wall Street Zen and an "overweight" rating from Piper Sandler with a price target of $8.50. The stock is currently trading at $7.12, up 2.2%. The company reported $0.18 EPS for the last quarter, missing estimates, and recently increased its quarterly dividend to $0.21, yielding 11.8%.

Shares of AG Mortgage Investment Trust, Inc. (NYSE:MITT - Get Free Report) have received an average recommendation of "Moderate Buy" from the five research firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $8.45.

A number of research firms have recently commented on MITT. Wall Street Zen cut AG Mortgage Investment Trust from a "hold" rating to a "sell" rating in a research report on Saturday, July 12th. Piper Sandler dropped their price target on AG Mortgage Investment Trust from $9.00 to $8.50 and set an "overweight" rating on the stock in a research report on Monday. UBS Group boosted their price target on AG Mortgage Investment Trust from $8.00 to $8.75 and gave the company a "buy" rating in a research report on Thursday, July 10th. Keefe, Bruyette & Woods boosted their price target on AG Mortgage Investment Trust from $8.25 to $8.50 and gave the company a "market perform" rating in a research report on Thursday, July 10th. Finally, Jones Trading restated a "buy" rating and issued a $8.00 price target on shares of AG Mortgage Investment Trust in a research report on Friday.

Get Our Latest Stock Report on AG Mortgage Investment Trust

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of MITT. Prudential Financial Inc. increased its holdings in shares of AG Mortgage Investment Trust by 509.1% during the 4th quarter. Prudential Financial Inc. now owns 91,047 shares of the real estate investment trust's stock worth $605,000 after buying an additional 76,100 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of AG Mortgage Investment Trust during the 4th quarter worth $751,000. Northern Trust Corp boosted its position in AG Mortgage Investment Trust by 10.2% during the 4th quarter. Northern Trust Corp now owns 278,109 shares of the real estate investment trust's stock worth $1,849,000 after purchasing an additional 25,736 shares during the period. D. E. Shaw & Co. Inc. purchased a new stake in AG Mortgage Investment Trust during the 4th quarter worth $70,000. Finally, Price T Rowe Associates Inc. MD boosted its position in AG Mortgage Investment Trust by 4.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 45,790 shares of the real estate investment trust's stock worth $305,000 after purchasing an additional 2,047 shares during the period. 27.32% of the stock is currently owned by institutional investors and hedge funds.

AG Mortgage Investment Trust Trading Up 2.2%

NYSE:MITT traded up $0.15 during midday trading on Monday, reaching $7.12. The company had a trading volume of 136,378 shares, compared to its average volume of 225,765. The firm has a market capitalization of $211.32 million, a price-to-earnings ratio of 8.28 and a beta of 1.62. The stock's fifty day simple moving average is $7.52 and its 200-day simple moving average is $7.14. AG Mortgage Investment Trust has a 12-month low of $5.63 and a 12-month high of $7.95.

AG Mortgage Investment Trust (NYSE:MITT - Get Free Report) last released its earnings results on Friday, August 1st. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by ($0.05). AG Mortgage Investment Trust had a net margin of 10.70% and a return on equity of 13.15%. The company had revenue of $21.30 million during the quarter, compared to analysts' expectations of $21.04 million. As a group, sell-side analysts expect that AG Mortgage Investment Trust will post 0.78 EPS for the current year.

AG Mortgage Investment Trust Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Monday, June 30th were issued a $0.21 dividend. This is a boost from AG Mortgage Investment Trust's previous quarterly dividend of $0.20. The ex-dividend date was Monday, June 30th. This represents a $0.84 annualized dividend and a yield of 11.8%. AG Mortgage Investment Trust's payout ratio is presently 94.38%.

AG Mortgage Investment Trust Company Profile

(Get Free Report)

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.

See Also

  • Five stocks we like better than AG Mortgage Investment Trust
  • Stock Market Upgrades: What Are They?
  • AMD Outperforming NVIDIA: What’s Behind It and Can It Continue?
  • There Are Different Types of Stock To Invest In
  • Strategy Insiders Buy In While Analysts Predict Big Upside
  • How to Use Stock Screeners to Find Stocks
  • 3 Surprising Earnings Winners Changing Their Market Narrative

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in AG Mortgage Investment Trust Right Now?

Before you consider AG Mortgage Investment Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AG Mortgage Investment Trust wasn't on the list.

While AG Mortgage Investment Trust currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Source: Market Beat The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.