News articles about AG Mortgage Investment Trust (NYSE:MITT) have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AG Mortgage Investment Trust earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 46.0152324759441 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern Sentiment’s analysis:
- AG Mortgage Investment Trust, Inc. (MITT) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Wedbush Weighs in on PennyMac Mortgage Investment Trust’s Q2 2017 Earnings (PMT) (iphonefresh.com)
- AG Mortgage Investment Trust, Inc. Announces Quarterly Dividend of $0.48 (MITT) (americanbankingnews.com)
- AG Mortgage Investment Trust, Inc. Announces Third Quarter 2017 Common Dividend of $0.475 per Share and a Special Cash Dividend of $0.10 per Share (finance.yahoo.com)
Shares of AG Mortgage Investment Trust (NYSE:MITT) traded up 0.543% during mid-day trading on Monday, reaching $19.445. The company had a trading volume of 83,158 shares. The stock has a market capitalization of $541.12 million, a P/E ratio of 6.000 and a beta of 0.92. The company’s 50-day moving average is $19.06 and its 200 day moving average is $18.51. AG Mortgage Investment Trust has a 52-week low of $14.61 and a 52-week high of $19.57.
AG Mortgage Investment Trust (NYSE:MITT) last released its quarterly earnings data on Tuesday, August 8th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.03. AG Mortgage Investment Trust had a net margin of 85.21% and a return on equity of 11.97%. The business had revenue of $31.22 million during the quarter, compared to analyst estimates of $21.76 million. During the same quarter in the previous year, the business earned $0.43 EPS. AG Mortgage Investment Trust’s quarterly revenue was up 3.4% compared to the same quarter last year. Analysts anticipate that AG Mortgage Investment Trust will post $1.82 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Friday, September 29th will be paid a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 9.82%. The ex-dividend date of this dividend is Thursday, September 28th. AG Mortgage Investment Trust’s payout ratio is presently 58.82%.
Several analysts recently issued reports on MITT shares. BidaskClub downgraded AG Mortgage Investment Trust from a “strong-buy” rating to a “buy” rating in a report on Friday, July 28th. Credit Suisse Group reiterated a “hold” rating and issued a $18.00 price target on shares of AG Mortgage Investment Trust in a report on Thursday, August 10th. Zacks Investment Research upgraded AG Mortgage Investment Trust from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Finally, ValuEngine upgraded AG Mortgage Investment Trust from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Five investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. AG Mortgage Investment Trust has an average rating of “Hold” and a consensus target price of $18.38.
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AG Mortgage Investment Trust Company Profile
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