Ag Mortgage Investment Stock Today

MITT Stock  USD 5.50  0.04  0.73%   

Performance

0 of 100

 
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Odds Of Distress

Over 55

 
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AG Mortgage is selling for under 5.50 as of the 19th of April 2024; that is 0.73 percent increase since the beginning of the trading day. The stock's last reported lowest price was 5.45. AG Mortgage has over 55 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for AG Mortgage Investment are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
30th of June 2011
Category
Real Estate
Classification
Financials
AG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. The company was incorporated in 2011 and is based in New York, New York. Ag Mortgage operates under REITMortgage classification in the United States and is traded on New York Stock Exchange.. The company has 29.45 M outstanding shares of which 105.1 K shares are now shorted by private and institutional investors with about 0.45 trading days to cover. More on AG Mortgage Investment

Moving together with MITT Stock

  0.65DHIL Diamond Hill InvestmentPairCorr

Moving against MITT Stock

  0.49QD Qudian IncPairCorr
  0.46CG Carlyle Group Financial Report 2nd of May 2024 PairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

MITT Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. AG Mortgage's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AG Mortgage or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentThomas Durkin
Business ConcentrationMortgage Real Estate Investment Trusts (REITs), Financial Services, Real Estate, NYSE Composite, Financials, Mortgage Real Estate Investment Trusts (REITs), REIT—Mortgage, Real Estate (View all Sectors)
Average Analyst Recommendation
Analysts covering AG Mortgage report their recommendations after researching AG Mortgage's financial statements, talking to executives and customers, or listening in on AG Mortgage's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering AG Mortgage Investment. The MITT consensus assessment is calculated by taking the average forecast from all of the analysts covering AG Mortgage.
Financial Strength
Based on the measurements of operating efficiency obtained from AG Mortgage's historical financial statements, AG Mortgage Investment is doing better financially then in previous quarter. It has a moderate odds of reporting better financial numbers in May. Financial strength of AG Mortgage Investment is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities806 M767.6 M
Sufficiently Up
Pretty Stable
Non Current Liabilities Total5.1 B4.8 B
Sufficiently Up
Very volatile
Total Assets3.9 B6.1 B
Way Down
Slightly volatile
Total Current Assets72.3 M111.5 M
Way Down
Very volatile
Total Cash From Operating Activities51.3 M49 M
Sufficiently Up
Slightly volatile
AG Mortgage's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to AG Mortgage's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand AG Mortgage's financial leverage. It provides some insight into what part of AG Mortgage's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on AG Mortgage's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how AG Mortgage deploys its capital and how much of that capital is borrowed.
Liquidity
AG Mortgage cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 5.56 B in liabilities with Debt to Equity (D/E) ratio of 7.06, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. AG Mortgage Investment has a current ratio of 3.92, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist AG Mortgage until it has trouble settling it off, either with new capital or with free cash flow. So, AG Mortgage's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like AG Mortgage Investment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MITT to invest in growth at high rates of return. When we think about AG Mortgage's use of debt, we should always consider it together with cash and equity.

Depreciation

8.85 Million
AG Mortgage Investment (MITT) is traded on New York Stock Exchange in USA. It is located in 245 Park Avenue, New York, NY, United States, 10167 and employs 21 people. AG Mortgage is listed under Mortgage Real Estate Investment Trusts (REITs) category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 161.99 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AG Mortgage's market, we take the total number of its shares issued and multiply it by AG Mortgage's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. AG Mortgage Investment conducts business under Mortgage Real Estate Investment Trusts (REITs) sector and is part of Financials industry. The entity has 29.45 M outstanding shares of which 105.1 K shares are now shorted by private and institutional investors with about 0.45 trading days to cover. AG Mortgage Investment currently holds about 92.54 M in cash with 49.01 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.11.
Check AG Mortgage Probability Of Bankruptcy
Ownership Allocation
AG Mortgage Investment secures a total of 29.45 Million outstanding shares. AG Mortgage Investment owns 6.44 % of its outstanding shares held by insiders and 28.25 % owned by institutions. Please note that no matter how many assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check MITT Ownership Details

MITT Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of AG Mortgage jumping above the current price in 90 days from now is about 99.0%. The AG Mortgage Investment probability density function shows the probability of AG Mortgage stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.365. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, AG Mortgage will likely underperform. Additionally, aG Mortgage Investment has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 5.5HorizonTargetOdds Above 5.5
1.28%90 days
 5.50 
98.69%
Based on a normal probability distribution, the odds of AG Mortgage to move above the current price in 90 days from now is about 99.0 (This AG Mortgage Investment probability density function shows the probability of MITT Stock to fall within a particular range of prices over 90 days) .

MITT Stock Institutional Holders

Institutional Holdings refers to the ownership stake in AG Mortgage that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of AG Mortgage's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing AG Mortgage's value.
InstituionRecorded OnShares
Goldman Sachs Group Inc2023-12-31
147.6 K
Wolverine Asset Management Llc2023-12-31
132.4 K
Two Sigma Advisers, Llc2023-12-31
123.5 K
State Street Corporation2023-12-31
117.5 K
Jane Street Group, Llc2023-12-31
109.6 K
Gsa Capital Partners Llp2023-12-31
97.5 K
Arrowstreet Capital Limited Partnership2023-12-31
95.3 K
Bridgeway Capital Management, Llc2023-12-31
85.9 K
Amvescap Plc.2023-12-31
82.9 K
Vanguard Group Inc2023-12-31
1.5 M
Blackrock Inc2023-12-31
630.9 K
View AG Mortgage Diagnostics

AG Mortgage Historical Income Statement

AG Mortgage Investment Income Statement is one of the three primary financial statements used for reporting MITT's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of AG Mortgage Investment revenue and expense. AG Mortgage Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, AG Mortgage's Net Income is comparatively stable compared to the past year. Net Income From Continuing Ops is likely to gain to about 31.6 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 22.5 M in 2024. View More Fundamentals

MITT Stock Against Markets

Picking the right benchmark for AG Mortgage stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in AG Mortgage stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for AG Mortgage is critical whether you are bullish or bearish towards AG Mortgage Investment at a given time. Please also check how AG Mortgage's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in AG Mortgage without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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AG Mortgage Corporate Directors

AG Mortgage corporate directors refer to members of an AG Mortgage board of directors. The board of directors generally takes responsibility for the AG Mortgage's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of AG Mortgage's board members must vote for the resolution. The AG Mortgage board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Andrew BergerIndependent DirectorProfile
Frank StadelmaierDirectorProfile
Debra HessIndependent DirectorProfile
Jonathan LiebermanChief Investment Officer, DirectorProfile

How to buy MITT Stock?

Before investing in AG Mortgage, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in AG Mortgage. To buy AG Mortgage stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of AG Mortgage. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase AG Mortgage stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located AG Mortgage Investment stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased AG Mortgage Investment stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as AG Mortgage Investment, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy MITT Stock please use our How to Invest in AG Mortgage guide.

Already Invested in AG Mortgage Investment?

The danger of trading AG Mortgage Investment is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AG Mortgage is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AG Mortgage. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AG Mortgage Investment is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether AG Mortgage Investment is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MITT Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ag Mortgage Investment Stock. Highlighted below are key reports to facilitate an investment decision about Ag Mortgage Investment Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in AG Mortgage Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for MITT Stock analysis

When running AG Mortgage's price analysis, check to measure AG Mortgage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AG Mortgage is operating at the current time. Most of AG Mortgage's value examination focuses on studying past and present price action to predict the probability of AG Mortgage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AG Mortgage's price. Additionally, you may evaluate how the addition of AG Mortgage to your portfolios can decrease your overall portfolio volatility.
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Is AG Mortgage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AG Mortgage. If investors know MITT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AG Mortgage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.13
Dividend Share
0.72
Earnings Share
1.68
Revenue Per Share
3.018
Quarterly Revenue Growth
(0.24)
The market value of AG Mortgage Investment is measured differently than its book value, which is the value of MITT that is recorded on the company's balance sheet. Investors also form their own opinion of AG Mortgage's value that differs from its market value or its book value, called intrinsic value, which is AG Mortgage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AG Mortgage's market value can be influenced by many factors that don't directly affect AG Mortgage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AG Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if AG Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AG Mortgage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.