Investing.com - Financial Markets Worldwide

Citizens reiterates Market Outperform rating on AG Mortgage stock

Published 16/10/2025, 10:12
Citizens reiterates Market Outperform rating on AG Mortgage stock
MITT
-0.14%

Investing.com - Citizens has reiterated a Market Outperform rating and $8.50 price target on AG Mortgage Investment Trust (NYSE:MITT), which currently trades at $7.20 and offers an impressive 11.67% dividend yield. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value assessment.

The firm noted that AG Mortgage’s second-quarter earnings were negatively affected by legacy WMC commercial loans moving into non-accrual status, with capital reallocation expected in late 2025 or early 2026, which should improve forward earnings.

Following the second quarter, AG Mortgage refinanced expensive structured repo inherited from WMC into lower current market rates, freeing up $39 million in capital.

Citizens expects the improved earnings trend from Arc Home to continue, citing a more efficient expense base, new product offerings, and momentum from the 45 basis point drop in mortgage rates in the third quarter.

The firm anticipates strong tailwinds for improved earnings over the next few quarters, potentially leading to a higher dividend and improved valuation for AG Mortgage shares.

In other recent news, AG Mortgage Investment Trust Inc . reported its financial results for the second quarter of 2025, revealing an earnings per share (EPS) of $0.18. This figure fell short of analysts’ expectations, which had projected an EPS of $0.24, indicating a 25% miss. Additionally, the company’s revenue forecast of $21.52 million was not met. These developments are part of the latest updates concerning the company. While the earnings and revenue results were below forecasts, no information on mergers or acquisitions was provided. Analyst opinions or changes in stock ratings were also not mentioned in the recent updates. These recent developments provide investors with important insights into AG Mortgage Investment Trust Inc.’s financial performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.