MITT News and Press, AG Mortgage Investment Trust Inc. From 10/28/22

AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release third quarter 2022 financial results prior to market open on Friday, November 4, 2022. The Company will host a conference call to discuss the results on Friday, November 4,...

Summary These shares offer a respectable yield today, but an even better yield in a few years as they are set for huge increases. The market is only really looking at one of the shares. The valuation for that share implies that the others are severely undervalued because they aren...

Summary Multiple interest rate hikes, coupled with a likely recession, will be a hindrance for MITT stock in generating a high revenue and resulting profit. MITT repurchased 1.4 million shares for an average price of $7.70 per share during Q2 2022, and its board has authorized a f...

Summary U.S. equity markets rebounded with their best weekly gains since July after a decent start to corporate earnings season eased the seemingly-relentless selling pressure even as interest rates swelled to multi-decade-highs. Rebounding from two-year-lows and gaining for just ...

Summary We’ve got 6 bullish ratings to touch on. After a rough quarter in a rough year, positive announcements are finally coming out. While book values appear to be down across the sector, the magnitude of losses has been much smaller than expected in some cases. ...

AG Mortgage Investment Trust ( NYSE: MITT ) has estimated its third-quarter adjusted book value of $10.63-10.73 per share as of September 30, down from $11.15 at June 30, it said Monday. The mortgage REIT, though, said its liquidity position remained strong, with total...

AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today an update on its portfolio and liquidity position, including certain preliminary estimated financial information as of and for the quarter ended September 30, 2022. In light of sustained ma...

Summary These shares benefit from higher short-term rates. One yield is already pushing 10.3% and it should be increased again in the next few months. Two other choices see their dividend increases coming up in the next few quarters. Those shares are set to yield 10% to 11%, b...

Summary August 31 - September 30, 2022 readers mentioned 42 equities in their comments. Some lamented bad news, so bad-news investments (rogues) mixed with (mostly) favorites. (Thus, these are ReFa/Ro.). Ten analyst-target-estimated Top-Net-Gain ReFa/Ro: ALLY, ABR, GSK, RC, OFS, I...

Summary Down 34% in a little over a month. It's been carnage for mortgage REITs. Damage to book value has been severe, but damage to share prices has been even worse. The risk/reward ratio has finally tilted in favor of investors, but many may be scared to go in. They only wan...