AG Mortgage Investment Trust (NYSE:MITT) issued its quarterly earnings results on Wednesday. The real estate investment trust reported $0.59 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.08, MarketWatch Earnings reports. The company had revenue of $21.01 million for the quarter. AG Mortgage Investment Trust had a net margin of 52.87% and a return on equity of 12.95%.
AG Mortgage Investment Trust stock traded down $0.20 during midday trading on Friday, reaching $17.88. The stock had a trading volume of 4,738 shares, compared to its average volume of 120,966. AG Mortgage Investment Trust has a 12 month low of $16.31 and a 12 month high of $19.95. The stock has a market capitalization of $494.81 million, a P/E ratio of 8.15 and a beta of 0.77. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.20 and a current ratio of 1.20.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 31st. Investors of record on Friday, September 28th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 11.19%. The ex-dividend date of this dividend was Thursday, September 27th.
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AG Mortgage Investment Trust Company Profile
AG Mortgage Investment Trust, Inc, a real estate investment trust, focuses on investing in, acquiring, and managing a portfolio of residential mortgage assets, other real estate-related securities, and financial assets. The company invests in residential mortgage-backed securities (RMBS) issued or guaranteed by a U.S.
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