AG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio comprises residential investments, such as non-agency loans, agency-eligible loans, home equity loans, re-and non-performing loans, and non-agency residential mortgage-backed securities, as well as commercial loans and commercial mortgage-backed securities. 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. AG Mortgage Investment Trust, Inc. was incorporated in 2011 and is based in New York, New York. AG Mortgage Investment Trust, Inc. operates as a subsidiary of TPG Inc.
Financial Resilience | AG Mortgage Investment Trust shows robust performance with rising book value and strong dividend coverage, defying challenges in the interest rate environment |
Strategic Growth | Delve into MITT's acquisition of Western Asset Mortgage Capital, projected to yield significant cost savings and operational efficiencies |
Market Positioning | Explore MITT's potential for value appreciation, trading at a discount to peers and poised for inclusion in the Russell 3000 index |
Future Prospects | Analysts project substantial earnings growth, with price targets ranging from $7.50 to $9.00, reflecting optimism about MITT's strategic initiatives |
Metrics to compare | MITT | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipMITTPeersSector | |
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P/E Ratio | 9.2x | 5.3x | 9.5x | |
PEG Ratio | −0.21 | 0.01 | 0.03 | |
Price/Book | 0.7x | 0.9x | 1.0x | |
Price / LTM Sales | 2.8x | 3.8x | 2.8x | |
Upside (Analyst Target) | 14.9% | 31.2% | 13.1% | |
Fair Value Upside | Unlock | 6.3% | 2.3% | Unlock |