Somewhat Favorable News Coverage Somewhat Unlikely to Affect AG Mortgage Investment Trust (NYSE:MITT) Stock Price

Media headlines about AG Mortgage Investment Trust (NYSE:MITT) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. AG Mortgage Investment Trust earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 45.9901027530982 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Shares of AG Mortgage Investment Trust (NYSE:MITT) opened at $18.85 on Wednesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.23 and a current ratio of 1.23. AG Mortgage Investment Trust has a one year low of $16.50 and a one year high of $19.72. The stock has a market cap of $528.33, a price-to-earnings ratio of 9.56 and a beta of 0.91.

AG Mortgage Investment Trust (NYSE:MITT) last announced its earnings results on Tuesday, October 31st. The real estate investment trust reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.04. AG Mortgage Investment Trust had a net margin of 74.99% and a return on equity of 11.21%. The company had revenue of $21.60 million for the quarter, compared to the consensus estimate of $21.65 million. During the same period in the previous year, the business earned $0.50 EPS. The company’s revenue was down 1.8% on a year-over-year basis.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Friday, September 29th were given a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 10.08%. The ex-dividend date was Thursday, September 28th. AG Mortgage Investment Trust’s payout ratio is 66.43%.

Several analysts recently weighed in on MITT shares. Credit Suisse Group reissued a “hold” rating and issued a $18.00 price objective on shares of AG Mortgage Investment Trust in a report on Thursday, August 10th. BidaskClub downgraded AG Mortgage Investment Trust from a “strong-buy” rating to a “buy” rating in a research report on Friday, July 28th. Finally, ValuEngine upgraded AG Mortgage Investment Trust from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the stock. AG Mortgage Investment Trust presently has an average rating of “Hold” and a consensus target price of $18.17.

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