AG Mortgage Investment Trust, Inc. Reports Second Quarter 2022 Results
AG Mortgage Investment Trust, Inc. (MITT)
Last ag mortgage investment trust, inc. earnings: 5/3 08:23 pm
Check Earnings Report
US:NYSE Investor Relations:
agmortgageinvestmenttrust.com/investor-relations
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. ("MITT," "we," the "Company," or "our") (NYSE: MITT) today reported financial results for the quarter ended June 30, 2022.Q2 2022 FINANCIAL HIGHLIGHTS$11.48 Book Value per share as of June 30, 2022 compared to $13.68 as of March 31, 2022(1)$11.15 Adjusted Book Value per share as of June 30, 2022 compared to $13.37 as of March 31, 2022(1)Decrease of 16.6% from March 31, 2022Quarterly economic return on equity of (15.0)%(2)$(2.27) and $0.08 of Net Income/(Loss) and Core Earnings per diluted common share, respectively(3)$0.21 dividend per common shareMANAGEMENT REMARKS"The negative impact to our book value this quarter was driven by mark to market unrealized losses on our warehoused loan portfolio as a result of historically wide spreads. However, this challenging market environment also provides us with an improved investment opportunity which we are well positioned to take advantage of," said David Roberts, Chief Executi
Show less
Read more
Impact Snapshot
Event Time:
MITT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MITT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MITT alerts
High impacting AG Mortgage Investment Trust, Inc. news events
Weekly update
A roundup of the hottest topics
MITT
News
- AG Mortgage Investment Trust, Inc. (NYSE: MITT) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $7.00 price target on the stock.MarketBeat
- AG Mortgage Investment Trust, Inc. Announces First Quarter 2024 Common Dividend of $0.18 per ShareBusiness Wire
- AG Mortgage Investment Trust, Inc. (NYSE: MITT) had its price target raised by analysts at Keefe, Bruyette & Woods from $6.75 to $7.00. They now have a "market perform" rating on the stock.MarketBeat
- AG Mortgage Investment Trust, Inc. (NYSE:MITT) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- AG Mortgage Investment Trust Inc CEO Acquires 50,000 Shares [Yahoo! Finance]Yahoo! Finance
MITT
Sec Filings
- 4/10/24 - Form EFFECT
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- MITT's page on the SEC website