Headlines about AG Mortgage Investment Trust (NYSE:MITT) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. AG Mortgage Investment Trust earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 46.3696084936961 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
A number of research firms have recently issued reports on MITT. ValuEngine lowered AG Mortgage Investment Trust from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Keefe, Bruyette & Woods restated a “hold” rating and issued a $18.25 target price on shares of AG Mortgage Investment Trust in a report on Thursday, March 1st. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The company has a consensus rating of “Hold” and an average target price of $18.13.
Shares of NYSE:MITT traded up $0.10 during midday trading on Monday, hitting $19.07. 2,776 shares of the stock were exchanged, compared to its average volume of 97,925. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.03. AG Mortgage Investment Trust has a 52-week low of $16.31 and a 52-week high of $19.95. The firm has a market cap of $534.97 million, a price-to-earnings ratio of 9.16 and a beta of 0.75.
AG Mortgage Investment Trust (NYSE:MITT) last announced its quarterly earnings data on Wednesday, May 2nd. The real estate investment trust reported $0.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.10. AG Mortgage Investment Trust had a return on equity of 11.95% and a net margin of 72.51%. The business had revenue of $24.03 million during the quarter.
AG Mortgage Investment Trust Company Profile
AG Mortgage Investment Trust, Inc, a real estate investment trust, focuses on investing in, acquiring, and managing a portfolio of residential mortgage assets, other real estate-related securities, and financial assets. The company invests in residential mortgage-backed securities (RMBS) issued or guaranteed by a U.S.
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