Stock events for AG Mortgage Investment Trust, Inc. (MITT)
Over the past six months, AG Mortgage Investment Trust's stock price has seen a gain. MITT reported its third-quarter earnings, with an EPS of $0.23, which met analysts' consensus estimates. The company announced its second-quarter financial results, reporting an EPS of $0.18, missing analysts' forecasts. AG Mortgage Investment Trust announced a common dividend of $0.21 per share for the third quarter. MITT acquired an additional interest in Arc Home, increasing its ownership. AG Mortgage Investment Trust, Inc. stock options experienced high implied volatility.
Demand Seasonality affecting AG Mortgage Investment Trust, Inc.’s stock price
Demand for AG Mortgage Investment Trust's products and services is influenced by historical seasonality. The "spring selling season" is noted as a period that impacts origination volume.
Overview of AG Mortgage Investment Trust, Inc.’s business
AG Mortgage Investment Trust, Inc. (MITT) is a residential mortgage REIT that invests in and manages residential mortgage-related assets. The company invests in residential investments, commercial loans, and commercial mortgage-backed securities. AG Mortgage Investment Trust is externally managed and advised by AG REIT Management, LLC, an affiliate of TPG Angelo Gordon. A key focus for MITT is acquiring and securitizing newly originated residential mortgage loans within the non-agency segment of the housing market, often through its affiliated residential mortgage loan originator, Arc Home, LLC.
MITT’s Geographic footprint
AG Mortgage Investment Trust, Inc. primarily operates in the United States and is headquartered in New York, New York.
MITT Corporate Image Assessment
There haven't been specific public events explicitly affecting AG Mortgage Investment Trust's brand reputation in terms of scandals or widespread negative press. However, some financial analyses characterize the stock as having "high risk."
Ownership
AG Mortgage Investment Trust is owned by institutional shareholders, insiders, and retail investors. Major institutional owners include BlackRock Inc., Angelo Gordon Co LP, Vanguard Group Inc., Geode Capital Management, LLC, and State Street Global Advisors, Inc. The largest individual shareholder is David N. Roberts.
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$8.39
