Education
About Us
Working with TipRanks
Follow Us
AG Mortgage (MITT)
NYSE:MITT
Top Page
AG Mortgage
(NYSE:MITT)
Select Model
Select Model
Rating:65Neutral
Price Target:
$7.50
▼(-2.34% Downside)
AG Mortgage's overall stock score is driven by strong financial performance and attractive valuation metrics, including a low P/E ratio and high dividend yield. The earnings call provided positive insights into growth and profitability, although some challenges remain. Technical indicators suggest potential short-term weakness, but the stock's fundamentals remain solid.
AG Mortgage (MITT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$242.12M
Dividend Yield10.62%
Average Volume (3M)174.01K
Price to Earnings (P/E)8.8
Beta (1Y)0.79
Revenue Growth20.44%
EPS Growth-59.21%
CountryUS
EmployeesN/A
SectorReal Estate
Sector Strength53
IndustryREIT - Mortgage
Share Statistics
EPS (TTM)0.23
Shares Outstanding31,732,431
10 Day Avg. Volume144,346
30 Day Avg. Volume174,014
Financial Highlights & Ratios
PEG Ratio-0.13
Price to Book (P/B)0.36
Price to Sales (P/S)0.47
P/FCF Ratio3.51
Enterprise Value/Market Cap0.00
Enterprise Value/Revenue0.00
Enterprise Value/Gross Profit0.00
Enterprise Value/Ebitda0.00
Forecast
1Y Price Target
$8.75Price Target Upside13.93% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
AG Mortgage Business Overview & Revenue Model
Company DescriptionAG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio comprises residential investments, including non-qualifying mortgages loans, government-sponsored entity non-owner occupied loans, re/non-performing loans, land related financing, and agency residential mortgage-backed securities; and commercial investments. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2011 and is based in New York, New York.
How the Company Makes MoneyAG Mortgage generates revenue primarily through interest income derived from its investments in mortgage-backed securities. These securities can include both agency MBS, which are backed by government-sponsored entities, and non-agency MBS, which are not. Additionally, the company may earn income from the net interest margin between the interest earned on its mortgage assets and the cost of funds used to finance these investments. MITT may also benefit from capital appreciation of its securities, as well as potential fees associated with asset management and servicing. Key partnerships with financial institutions and mortgage originators can enhance its access to investment opportunities and financing options, further contributing to its revenue streams.
AG Mortgage Earnings Call Summary
Earnings Call Date:Nov 04, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:Feb 19, 2026
Earnings Call Sentiment Positive
The earnings call highlighted significant successes in increasing book value, earnings distribution, and investment portfolio growth, with particular strength from Arc Home's contributions. However, challenges remain with legacy WMC CRE loans and dilution from Arc Home acquisition.Q3-2025 Updates
Positive Updates
Increased Book Value
The company increased its book value from $10.39 to $10.46, despite a 1.8% dilution from the acquisition of Arc Home shares, and supported a $0.21 dividend.
Earnings Increase
Earnings available for distribution (EAD) increased to $0.23 per share from $0.18 in the previous quarter, driven by core investment portfolio performance.
Investment Portfolio Growth
The investment portfolio grew by over 20%, with $1.7 billion of residential mortgage loans acquired and four securitizations executed.
Arc Home Contribution
Arc Home contributed $0.03 per share to EAD, with record HELOC volumes and profitability growth.
Negative Updates
Legacy WMC CRE Loans
The company turned off accruals for legacy WMC CRE loans as it works through the monetization process, potentially delaying capital reallocation.
Dilution from Arc Home Acquisition
The acquisition of an additional 21.4% of Arc Home resulted in a 1.8% dilution.
Company Guidance
During AG Mortgage Investment Trust's third quarter 2025 earnings call, several financial metrics and strategic initiatives were highlighted. The company's book value increased slightly from $10.39 to $10.46 per share, despite a 1.8% dilution from issuing approximately 2 million shares to acquire an additional 21.4% of Arc Home, bringing their ownership to 66%. The company's earnings available for distribution (EAD) rose to $0.23 per share, supported by a $0.03 contribution from Arc Home and the refinancing of high-cost legacy debt, which is expected to normalize to $0.04 to $0.05 per quarter. MITT also monetized nearly $66 million of equity from legacy assets to expand their investment portfolio by over 20%, acquiring $1.7 billion in residential mortgage loans. They executed four securitizations during the quarter, with leverage increasing modestly from 1.3 to 1.7 turns. The company reported a GAAP net income available to common shareholders of $14.6 million, or $0.47 per share, and a 2.7% economic return, including a $0.21 dividend per share. Total liquidity at quarter-end was approximately $104 million. Looking forward, AG Mortgage plans to redeploy $15 to $30 million of equity from call rights and anticipates further growth from Arc Home's profitability.AG Mortgage Financial Statement Overview
Summary
AG Mortgage shows promising revenue growth and profitability, with improved debt management enhancing financial stability. Cash flow generation is strong, but high capital expenditures warrant attention. While the company demonstrates resilience, careful monitoring of operational efficiency and liquidity is recommended to mitigate potential risks.Income Statement
AG Mortgage has demonstrated significant revenue growth from 2022 to 2023, with total revenue increasing from $218,000 to $63.7 million. The net profit margin for 2023 is high at approximately 84.6%, indicating strong profitability. However, the EBIT margin is unavailable for 2023, and the EBITDA margin has shown volatility in previous years, reflecting potential instability in operational efficiency.65
Positive
Balance Sheet
The company's debt-to-equity ratio improved significantly from 2022 to 2023 as total debt was reduced, enhancing financial stability. The equity ratio is relatively stable, providing a solid foundation. However, the return on equity (ROE) has shown fluctuations due to varying net income, which may pose risks to sustained shareholder value.60
Neutral
Cash Flow
AG Mortgage's operating cash flow has improved significantly in 2023, supporting a strong free cash flow position. The company exhibits a high free cash flow to net income ratio, indicating efficient cash generation relative to earnings. However, the investing cash flow is negative, suggesting high capital expenditures that may impact future liquidity.70
Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 430.75M | 413.19M | 274.71M | 218.00K | 67.52M | -390.36M |
| Gross Profit | 319.28M | 392.14M | 46.14M | -17.08M | 53.91M | -193.93M |
| EBITDA | 411.65M | 398.36M | 248.56M | 92.55M | 106.86M | -374.34M |
| Net Income | 46.34M | 55.74M | 53.78M | -53.10M | 104.19M | -420.92M |
Balance Sheet | ||||||
| Total Assets | 7.46B | 6.91B | 6.13B | 4.37B | 3.36B | 1.40B |
| Cash, Cash Equivalents and Short-Term Investments | 100.17M | 118.66M | 111.53M | 155.69M | 68.08M | 47.93M |
| Total Debt | 6.88B | 6.33B | 5.56B | 3.88B | 2.78B | 418.29M |
| Total Liabilities | 6.93B | 6.37B | 5.60B | 3.91B | 2.79B | 990.34M |
| Stockholders Equity | 536.41M | 543.42M | 528.37M | 462.80M | 570.38M | 409.70M |
Cash Flow | ||||||
| Free Cash Flow | 53.65M | 55.84M | 28.13M | 22.52M | 26.30M | 4.16M |
| Operating Cash Flow | 53.65M | 55.84M | 28.13M | 22.52M | 26.30M | 4.16M |
| Investing Cash Flow | -276.86M | -713.13M | -433.50M | -1.49B | -1.90B | 2.19B |
| Financing Cash Flow | 174.95M | 670.29M | 432.14M | 1.47B | 1.91B | -2.26B |
AG Mortgage Technical Analysis
Positive
7.68
Price Trends
7.34
Positive
7.32
Positive
6.94
Positive
Market Momentum
0.03
Negative
64.44
Neutral
70.43
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MITT, the sentiment is Positive. The current price of 7.68 is above the 20-day moving average (MA) of 7.21, above the 50-day MA of 7.34, and above the 200-day MA of 6.94, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 64.44 is Neutral, neither overbought nor oversold. The STOCH value of 70.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MITT.
AG Mortgage Risk Analysis
AG Mortgage disclosed 66 risk factors in its most recent earnings report. AG Mortgage reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
AG Mortgage Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
65 Neutral | $242.12M | 8.83 | 9.03% | 10.62% | 20.44% | -59.21% | |
61 Neutral | $236.94M | 4.68 | 27.24% | 15.05% | 48.38% | 210.91% | |
61 Neutral | $272.07M | 7.03 | 11.82% | 15.98% | -1.57% | -15.32% | |
54 Neutral | $160.33M | ― | 5.05% | ― | -16.01% | -98.23% | |
50 Neutral | $217.93M | 5.93 | 14.91% | 13.99% | 75.08% | -21.03% | |
48 Neutral | $241.47M | ― | -3.30% | 15.15% | -27.60% | 62.75% |
* Real Estate Sector Average
MITT
AG Mortgage
7.68
1.55
25.29%
ACRE
Ares Commercial
4.62
-1.03
-18.23%
ACR
ACRES Commercial Realty
21.69
5.56
34.47%
NREF
NexPoint Real Estate ate Finance
13.36
-0.59
-4.23%
AOMR
Angel Oak Mortgage
9.15
0.78
9.32%
REFI
Chicago Atlantic Real Estate ate Finance Inc
12.89
-0.63
-4.66%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.