Headlines about AG Mortgage Investment Trust (NYSE:MITT) have trended positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded 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 news impact score of 0.34 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 45.7382783219309 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Separately, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $18.25 price objective on shares of AG Mortgage Investment Trust in a report on Thursday, March 1st. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $18.25.

Shares of AG Mortgage Investment Trust (MITT) opened at $17.46 on Friday. AG Mortgage Investment Trust has a fifty-two week low of $16.31 and a fifty-two week high of $19.95. The stock has a market cap of $495.12, a PE ratio of 4.64 and a beta of 0.77. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.21 and a quick ratio of 1.21.

AG Mortgage Investment Trust (NYSE:MITT) last posted its quarterly earnings data on Tuesday, February 27th. The real estate investment trust reported $0.50 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.50. The company had revenue of $22.67 million for the quarter, compared to analysts’ expectations of $21.68 million. AG Mortgage Investment Trust had a net margin of 92.01% and a return on equity of 11.23%. AG Mortgage Investment Trust’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.57 earnings per share.

In other AG Mortgage Investment Trust news, CFO Brian C. Sigman purchased 7,200 shares of AG Mortgage Investment Trust stock in a transaction on Monday, March 5th. The shares were acquired at an average cost of $17.09 per share, for a total transaction of $123,048.00. Following the completion of the transaction, the chief financial officer now directly owns 38,500 shares of the company’s stock, valued at $657,965. The purchase was disclosed in a filing with the SEC, which is available at this link. 1.57% of the stock is currently owned by corporate insiders.

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AG Mortgage Investment Trust Company Profile

AG Mortgage Investment Trust, Inc is a real estate investment trust (REIT). The Company focuses on investing in, acquiring and managing a diversified portfolio of residential mortgage assets, other real estate-related securities and financial assets, which the Company refers to as its target assets. It also focuses on investing in residential mortgage-backed securities (RMBS) issued or guaranteed by a government-sponsored enterprise, such as The Federal National Mortgage Association (Fannie Mae) or The Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, GSEs), or any agency of the United States Government, such as The Government National Mortgage Association (Ginnie Mae) (collectively Agency RMBS), and other real estate-related securities and financial assets, including Non-Agency RMBS, asset backed securities (ABS), commercial mortgage-backed securities (CMBS) and loans.

Insider Buying and Selling by Quarter for AG Mortgage Investment Trust (NYSE:MITT)

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