Loading...
•
Mar 31, 2023
MITT Q1 2023 Earnings Report
Reported financial results for the quarter ended March 31, 2023.
Key Takeaways
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.
$11.85 Book Value per share as of March 31, 2023 compared to $11.39 as of December 31, 2022.
Quarterly economic return on equity of 5.7%.
$0.38 of Net Income per diluted common share.
$0.18 dividend per common share.
Forward Guidance
The press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995 related to dividends, book value, adjusted book value, our investments, our business and investment strategy, investment returns, return on equity, liquidity, financing, taxes, our assets, our interest rate sensitivity, and our views on certain macroeconomic trends and conditions, among others.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...