AG Mortgage Investment Trust, Inc. is a residential mortgage REIT with a focus on investing in a diversified risk-adjusted portfolio of residential mortgage-related assets in the U.S. mortgage market. AG Mortgage Investment Trust, Inc. is externally managed and advised by AG REIT Management, LLC, a subsidiary of Angelo, Gordon & Co., L.P., a diversified credit and real estate investing platform within TPG.
Company profile
Ticker
MITT, MITT+A, MITT+B, MITT+C, MITN
Exchange
Website
CEO
David Roberts
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Alexander Mortgage REIT, Inc.
SEC CIK
Corporate docs
Subsidiaries
AG MIT, LLC • AG MIT CMO, LLC • AG MIT ARC, LLC • AG MITT RPL TRS LLC • AG MIT EC LLC • AGMIT Merger Sub, LLC • WMC Residential Mortgage Holdings ...
MITT stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
10 Apr 24
S-3
Shelf registration
26 Mar 24
8-K
Other Events
26 Mar 24
ARS
2023 FY
Annual report to shareholders
19 Mar 24
DEFA14A
Additional proxy soliciting materials
19 Mar 24
DEF 14A
Definitive proxy
19 Mar 24
8-K
Changes in Registrant's Certifying Accountant
19 Mar 24
10-K
2023 FY
Annual report
11 Mar 24
8-K
AG Mortgage Investment Trust, Inc. Reports Full Year and Fourth Quarter 2023 Results
22 Feb 24
CERT
Certification of approval for exchange listing
1 Feb 24
Transcripts
MITT
Earnings call transcript
2023 Q4
22 Feb 24
MITT
Earnings call transcript
2023 Q3
7 Nov 23
MITT
Earnings call transcript
2023 Q2
7 Aug 23
MITT
Earnings call transcript
2023 Q1
5 May 23
MITT
Earnings call transcript
2022 Q4
23 Feb 23
MITT
Earnings call transcript
2022 Q3
4 Nov 22
MITT
Earnings call transcript
2022 Q2
4 Aug 22
MITT
Earnings call transcript
2022 Q1
6 May 22
MITT
Earnings call transcript
2021 Q4
24 Feb 22
MITT
Earnings call transcript
2021 Q3
6 Nov 21
Latest ownership filings
4
Lisa G Quateman
3 Apr 24
4
DEBRA ANN HESS
3 Apr 24
4
Dianne Hurley
3 Apr 24
4
M CHRISTIAN MITCHELL
3 Apr 24
4
PETER LINNEMAN
3 Apr 24
4
Matthew Jozoff
3 Apr 24
4
Lisa G Quateman
28 Feb 24
4
Thomas Durkin
26 Feb 24
SC 13G
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
Beach Point Capital Management LP
9 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 139.26 mm | 139.26 mm | 139.26 mm | 139.26 mm | 139.26 mm | 139.26 mm |
Cash burn (monthly) | (no burn) | (no burn) | 721.67 k | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 4.93 mm | n/a | n/a | n/a |
Cash remaining | n/a | n/a | 134.33 mm | n/a | n/a | n/a |
Runway (months of cash) | n/a | n/a | 186.1 | n/a | n/a | n/a |
Institutional ownership, Q2 2023
22.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 50 |
Opened positions | 6 |
Closed positions | 5 |
Increased positions | 8 |
Reduced positions | 18 |
13F shares | Current |
---|---|
Total value | 32.37 bn |
Total shares | 6.68 mm |
Total puts | 463.20 k |
Total calls | 14.30 k |
Total put/call ratio | 32.4 |
Largest owners | Shares | Value |
---|---|---|
Beach Point Capital Management | 2.09 mm | $12.77 bn |
Vanguard | 1.01 mm | $6.17 bn |
Hill Country Asset Management | 1.00 mm | $0.00 |
Susquehanna International | 433.05 k | $2.65 bn |
BLK Blackrock | 378.26 k | $2.31 bn |
Angelo Gordon & Co. | 287.46 k | $1.76 bn |
Geode Capital Management | 238.49 k | $1.46 bn |
Wolverine Asset Management | 158.45 k | $969.73 mm |
Renaissance Technologies | 150.60 k | $922.00 k |
Gsa Capital Partners | 140.89 k | $862.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Mitchell M Christian | Common Stock | Grant | Acquire A | No | No | 0 | 3,311 | 0.00 | 34,579 |
1 Apr 24 | Linneman Peter | Common Stock | Grant | Acquire A | No | No | 0 | 3,311 | 0.00 | 57,622 |
1 Apr 24 | Matthew Jozoff | Common Stock | Grant | Acquire A | No | No | 0 | 3,311 | 0.00 | 65,336 |
1 Apr 24 | Hurley Dianne | Common Stock | Grant | Acquire A | No | No | 0 | 3,311 | 0.00 | 38,137 |
1 Apr 24 | Lisa Quateman | Common Stock | Grant | Acquire A | Yes | No | 0 | 3,311 | 0.00 | 28,675 |
News
JMP Securities Reiterates Market Outperform on AG Mortgage IT, Maintains $7 Price Target
19 Apr 24
Keefe, Bruyette & Woods Maintains Market Perform on AG Mortgage IT, Raises Price Target to $7
29 Feb 24
AG Mortgage Investment Q4 2023 Earnings Available For Distribution $0.17 Beats $0.15 Estimate, Sales $13.34M Beat $13.26M Estimate
22 Feb 24
Earnings Scheduled For February 22, 2024
22 Feb 24