AG Mortgage Investment Trust, Inc. | REIT Profile

Symbol: MITT
CIK: 1514281
Exchange: NYSE
Founded: 2011 (10 years)
HQ: New York, NY, United States
Type of REIT: Mortgage REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Mortgage
Externally Managed REIT

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See MITT on SEC.gov

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Overall Score: 3.6

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


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Hightlights of Trading Day November 30, 2021


Open Price: $10.35
Closing Price: $10.31
Price Change: -0.2 (-1.903%)
Lowest Price: $10.09
Highest Price: $10.448

52-Week Low: $7.91
52-Week High: $14.34
52-Week Change: 16.83%

5 Day Price Change: -0.10%
1 Month Price Change: -9.16%
3 Month Price Change: -1.32%
6 Month Price Change: -14.86%
YTD Price Change: 24.72%
1 Year Price Change: 6.45%
2 Year Price Change: -75.45%
5 Year Price Change: -70.80%

Dividend of Trading Day November 30, 2021


Dividend Yield: 8.147%*
Annualized Dividend: $0.84*
Dividend Yield (TTM): 6.429%
Annualized Dividend (TTM): $0.6757
Ex-Dividend Date: 2021-09-29
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


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Key Stats of Trading Day November 30, 2021


Total Cash: N/A
Current Debt: $710,755,000
Revenue: $-39,387,000
Gross Profit: $-39,387,000
Total Revenue: $-39,387,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $-418,822,000
Revenue Per Share: $-2
Revenue Per Employee: $-39,387
Employee: N/A
Debt to Equity Ratio (D/E): 2.82
Profit Margin: 11.40%
Enterprise Value (EV): $166,662,462
Enterprise Value to Revenue (EV/R): -4.23
Price to Sales (P/S): -4.23
Price to Book (P/B): 1.38
Price/Earnings-to-Growth (PEG) Ratio: 0.00
P/E Ratio: -0.76
P/E High: -18.46
P/E Low: -29.26
Forward P/E Ratio: N/A
Market Capitalization: $163,490,959
Beta: 1.02
Latest Volume: 590,418
Avg. Total Volume: 516,374
Avg. 10-Day Volume: 471,160
Avg. 30-Day Volume: 516,374
TTM EPS: -13.52
Shares Outstanding: 15,857,513
Float: N/A
50-Day Moving Avg.: $11.85
200-Day Moving Avg.: $11.53

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $15.19 per share you would have been able to buy 65 shares of MITT on 2020-12-01 costing $987.35 @ $15.19 per share you would have been able to buy 32 shares of MITT on 2020-12-01 costing $486.08 @ $15.19 per share you would have been able to buy 16 shares of MITT on 2020-12-01 costing $243.04 @ $15.19 per share you would have been able to buy 6 shares of MITT on 2020-12-01 costing $91.14 @ $15.19 per share you would have been able to buy 3 shares of MITT on 2020-12-01 costing $45.57
Current worth On 2021-11-30 these 65 shares would be worth $670.15 @ $10.31 On 2021-11-30 these 32 shares would be worth $329.92 @ $10.31 On 2021-11-30 these 16 shares would be worth $164.96 @ $10.31 On 2021-11-30 these 6 shares would be worth $61.86 @ $10.31 On 2021-11-30 these 3 shares would be worth $30.93 @ $10.31
Dividends earned $24.05 in dividends would have been earned since 2020-12-01 with 65 shares. $12 in dividends would have been earned since 2020-12-01 with 32 shares. $5.92 in dividends would have been earned since 2020-12-01 with 16 shares. $2.22 in dividends would have been earned since 2020-12-01 with 6 shares. $1.11 in dividends would have been earned since 2020-12-01 with 32 shares.
Net (gain / loss)* -293.15 USD -144.32 USD -72.16 USD -27.06 USD -13.53 USD
ROI** -29.69% -29.69% -29.69% -29.69% -29.69%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by MITT. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
MITT 2021-09-29 0.210 200.00% 2021-09-16 2021-09-30 2021-10-29
MITT 2021-06-29 0.070 16.67% 2021-06-15 2021-06-30 2021-07-30
MITT 2021-03-31 0.060 100.00% 2021-03-22 2021-04-01 2021-04-30
MITT 2020-12-30 0.030 -93.33% 2020-12-12 2020-12-31 2021-01-29
MITT 2019-12-30 0.450 --- 2019-12-13 2019-12-31 2020-01-31
MITT 2019-09-27 0.450 -10.00% 2019-09-06 2019-09-30 2019-10-31
MITT 2019-06-27 0.500 --- 2019-06-14 2019-06-28 2019-07-31
MITT 2019-03-28 0.500 --- 2019-03-15 2019-03-29 2019-04-30
MITT 2018-12-28 0.500 --- 2018-12-14 2018-12-31 2019-01-31
MITT 2018-09-27 0.500 --- 2018-09-14 2018-09-28 2018-10-31
MITT 2018-06-28 0.500 5.26% 2018-06-18 2018-06-29 2018-07-31
MITT 2018-03-28 0.475 --- 2018-03-15 2018-03-29 2018-04-30
MITT 2017-12-28 0.475 --- 2017-12-15 2017-12-29 2018-01-31
MITT 2017-09-28 0.475 --- 2017-09-11 2017-09-29 2017-10-31
MITT 2017-06-15 0.475 --- 2017-06-08 2017-06-19 2017-07-31
MITT 2017-03-17 0.475 --- 2017-03-10 2017-03-21 2017-04-28
MITT 2016-12-15 0.475 --- 2016-12-06 2016-12-19 2017-01-31
MITT 2016-09-21 0.475 --- 2016-09-12 2016-09-23 2016-10-31
MITT 2016-06-16 0.475 --- 2016-06-09 2016-06-20 2016-07-29
MITT 2016-03-17 0.475 --- 2016-03-10 2016-03-21 2016-04-29

Financial Statements Overview


The next Earnings Report for MITT is 2022-02-18

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2020-09-30 2020-06-30 2020-03-31 2019-12-31
Current Cash 0 69,234,000 133,699,000 125,369,000
Receivables 3,777,000 0 0 0
Inventory 0 0 0 0
Current Assets 952,045,000 0 0 0
Current Assets (Other) 3,526,000 0 0 0
Short Term Investments 351,148,000 0 0 0
Long-term Investments 149,179,000 255,484,000 461,512,000 3,608,425,000
Property, Plant & Equipment Net 0 0 0 0
Goodwill 0 0 0 0
Intangible Assets 0 12,294,000 14,066,000 17,775,000
Other Assets 5,382,000 4,149,000 4,539,000 4,378,000
Net Tangible Assets 120,507,000 365,378,000 358,665,000 849,046,000
Total Assets 1,101,224,000 855,598,000 1,558,636,000 4,347,817,000
Accounts Payable 0 0 0 0
Liabilities (Other) 0 40,148,000 32,932,000 40,955,000
Current Liabilities (Other) 126,265,000 0 0 14,734,000
Total Current Liabilities 710,755,000 0 0 0
Current Long-term Debt 584,490,000 1,253,000 410,337,000 205,117,000
Long-term Debt 0 448,819,000 756,702,000 168,317,000
Total Liabilities 710,755,000 490,220,000 1,199,971,000 3,498,771,000
Minority Interest 0 0 0 0
Common Stock 34,422,000 33,825,000 32,749,000 32,742,000
Retained Earnings -552,959,000 -573,544,000 -576,605,000 -85,921,000
Treasury Stock 0 0 0 0
Capital Surplus 0 666,127,000 662,486,000 662,183,000
Shareholder Equity 390,469,000 365,378,000 358,665,000 849,046,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2020-09-30 2020-06-30 2020-03-31 2019-12-31
Total Revenue -2,757,000 -78,239,000 -109,949,000 64,255,000
Cost of Revenue 0 3,836,000 525,000 3,150,000
Gross Profit -2,757,000 -82,075,000 -110,474,000 61,105,000
Research and Development 0 0 0 0
Selling General and Admin 0 0 0 0
Operating Expense 12,524,000 6,801,000 3,658,000 8,212,000
Operating Income -15,281,000 15,139,000 -421,003,000 55,519,000
Income Expense Net (Other) 19,495,000 -15,873,000 -19,822,000 -26,276,000
EBIT 21,401,000 15,139,000 -421,003,000 55,519,000
Interest Income 0 8,613,000 19,971,000 23,097,000
Pretax Income 20,046,000 -734,000 -440,825,000 29,243,000
Income Tax 0 0 0 0
Minority Interest 0 0 0 0
Net Income 15,022,000 3,061,000 -485,017,000 35,040,000
Net Income Basic 15,022,000 -2,606,000 -490,684,000 29,373,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2020-09-30 2020-06-30 2020-03-31 2019-12-31
Net Income 15,022,000 3,061,000 -485,017,000 35,040,000
Depreciation 0 0 0 0
Changes in Receivables 3,777,000 0 0 0
Changes in Inventories 0 0 0 0
Cash Change 44,592,000 -64,465,000 8,330,000 57,528,000
Cash Flow -3,125,000 -1,887,000 26,940,000 35,297,000
Capital Expenditures 0 0 0 0
Investments 0 224,665,000 2,489,018,000 356,463,000
Investing Activity (Other) 0 1,625,000 -75,976,000 9,308,000
Total Investing Cash Flows -136,545,000 647,445,000 1,956,767,000 447,249,000
Dividends Paid 0 0 -20,401,000 -20,398,000
Net Borrowings -319,186,000 -696,386,000 -1,927,449,000 -299,149,000
Cash Flow Financing 120,064,000 -709,856,000 -1,975,294,000 -424,977,000
Financing Cash Flows (Other) 0 -16,969,000 -27,444,000 -105,490,000
Exchange Rate Effect 0 -167,000 -83,000 -41,000

About AG Mortgage Investment Trust, Inc.


AG Mortgage Investment Trust, Inc. is a real estate investment trust that invests in, acquires and manages a diversified portfolio of residential mortgage assets, other real estate-related securities and financial assets. AG Mortgage Investment Trust, Inc. is externally managed and advised by AG REIT Management, LLC, a subsidiary of Angelo, Gordon & Co., L.P., an SEC-registered investment adviser that specializes in alternative investment activities.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
0 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.6
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.4
Rating AFFO & Efficiency Section Avg. Rating
Rating Leverage Section Avg. Rating
4 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.0
10 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.8
Rating Asset & Revenue Section Avg. Rating
1 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 5.4
0 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.1
Rating Properties Section Avg. Rating
Rating Market Cap Section Avg. Rating
5 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.2
3.6 Overall REITRating™ Score (See trend) 6.1

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

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Invesco Mortgage Capital, Inc. (IVR) 2.5 NYSE Small-Cap Mortgage United States
Pennymac Mortgage Investment Trust (PMT) 5.1 NYSE Small-Cap Mortgage United States
Armour Residential REIT Inc. (ARR) 2.9 NYSE Small-Cap Mortgage United States

Last updated: 2021-12-01 - v2.4