Media headlines about AG Mortgage Investment Trust (NYSE:MITT) have trended somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, 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 stories about the real estate investment trust an impact score of 46.9471535943373 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
AG Mortgage Investment Trust (NYSE MITT) traded up $0.17 during mid-day trading on Friday, hitting $19.07. The stock had a trading volume of 94,081 shares, compared to its average volume of 160,652. AG Mortgage Investment Trust has a 52 week low of $16.50 and a 52 week high of $19.72. The company has a market cap of $537.63, a price-to-earnings ratio of 9.62 and a beta of 0.91. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.23 and a current ratio of 1.23.
AG Mortgage Investment Trust (NYSE:MITT) last released its quarterly earnings data on Tuesday, October 31st. The real estate investment trust reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.04. AG Mortgage Investment Trust had a return on equity of 11.21% and a net margin of 74.99%. The company had revenue of $21.60 million for the quarter, compared to analyst estimates of $21.65 million. During the same period in the prior year, the company posted $0.50 EPS. The company’s revenue was down 1.8% compared to the same quarter last year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Friday, September 29th were paid a $0.475 dividend. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $1.90 annualized dividend and a dividend yield of 9.96%. AG Mortgage Investment Trust’s dividend payout ratio is currently 66.20%.
Several equities analysts recently weighed in on the company. BidaskClub raised AG Mortgage Investment Trust from a “hold” rating to a “buy” rating in a research report on Tuesday, September 26th. ValuEngine raised AG Mortgage Investment Trust from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Finally, Credit Suisse Group reissued a “hold” rating and set a $18.00 price objective on shares of AG Mortgage Investment Trust in a research report on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the company’s stock. AG Mortgage Investment Trust presently has a consensus rating of “Hold” and a consensus price target of $18.17.
About AG Mortgage Investment Trust
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