AG Mortgage Investment Trust, Inc. (MITT) delivered a 2.4% quarterly economic return on equity, with net income per diluted share of $0.30 and earnings available for distribution (EAD) per diluted share of $0.18. The company declared a Q4 dividend of $0.19 per common share and reported a total investment portfolio of $6.7 billion. MITT maintained a GAAP leverage ratio of 11.6x and an economic leverage ratio of 1.4x.
AG Mortgage Investment Trust, Inc. reported a strong third quarter with an economic return on equity of 3.9%. The company's strategy of originating and securitizing residential whole loans contributed to the positive results. With ample liquidity and a disciplined approach to leverage, MITT is positioned to capitalize on opportunities in the residential mortgage space.
AG Mortgage Investment Trust reported its second quarter 2024 financial results, generating $0.21 per share of Earnings Available for Distribution (EAD), covering the newly set $0.19 per share dividend. The company successfully executed a $65 million follow-on senior unsecured notes offering and gained entry into the Russell 3000® Index.
AG Mortgage Investment Trust (MITT) reported its first quarter 2024 results, showcasing a 3.7% growth in book value, a 5.5% economic return on equity, and earnings of $0.55 per diluted common share. The company also declared a $0.18 dividend per common share.
AG Mortgage Investment Trust, Inc. reported its Q4 2023 financial results, featuring a decrease in Adjusted Book Value per share of approximately (7.2)% from the previous quarter, a Quarterly Economic Return on Equity of (5.6)%, and a Net Income of $1.35 per diluted common share.
AG Mortgage Investment Trust reported a book value per share of $11.37 and an adjusted book value per share of $11.00 as of September 30, 2023. The company declared a dividend of $0.18 per common share in Q3 2023 and maintains a total liquidity of $118.7 million.
AG Mortgage Investment Trust reported their Q2 2023 financial results, highlighting a book value per share of $11.89, an adjusted book value per share of $11.52, and a quarterly economic return on equity of 1.9%. The company also reported net income of $0.17 per diluted common share and EAD of $0.08 per diluted common share, with a dividend per common share of $0.18.
AG Mortgage Investment Trust, Inc. reported strong first quarter results, growing book value by 4% while maintaining ample liquidity and operating with only 1.4 turns of economic leverage. The company remains focused and disciplined in protecting book value and has positioned itself to continue building upon this momentum throughout the year.
AG Mortgage Investment Trust, Inc. reported an increase in book value per share and adjusted book value per share of approximately 3% during the fourth quarter. The company remained disciplined by programmatically terming out its financing, resulting in a materially de-risked position with ample liquidity heading into 2023.
AG Mortgage Investment Trust reported a decrease in adjusted book value by 4.2% for Q3 2022, driven by continued inflation, volatility, and credit spread widening, while strategically acquiring high-quality, newly-originated Non-Agency Loans and successfully terming out warehouse financing into securitizations, resulting in a strong liquidity position.
AG Mortgage Investment Trust reported a challenging quarter with a decrease in book value driven by mark to market unrealized losses on warehoused loan portfolio. However, the company completed two securitizations and focused on reducing warehouse exposure. They are positioned to take advantage of improved investment opportunities and remain active in the securitization market.
AG Mortgage Investment Trust reported a book value per share of $13.68 and an adjusted book value per share of $13.37 as of March 31, 2022. The company's investment portfolio was $3.7 billion. They executed three securitizations and maintained ample liquidity.
AG Mortgage Investment Trust, Inc. reported their Q4 2021 results. The company had a net income of $0.33 per diluted common share and a core earnings loss of $(0.05) per diluted common share. The company completed a capital raise that will fuel their growth for the foreseeable future.