We take a look at the action in preferreds and baby bonds through the second week of May and highlight some of the key themes we are watching. Preferred stocks saw gains as sector spreads tightened, and Treasury yields stabilized, with average yields just below 7%. Two Harbors plans to list a 9.325% 2030 bond, offering an attractive yield relative to its preferreds.
AG Mortgage Investment Trust, Inc. (NYSE:MITT ) Q1 2025 Earnings Conference Call May 6, 2025 8:30 AM ET Company Participants Jenny Neslin - General Counsel & Secretary T.J. Durkin - President, CEO & Executive Director Nick Smith - Chief Investment Officer & Director Anthony Rossiello - CFO, Treasurer & Principal Accounting Officer Conference Call Participants Doug Harter - UBS Crispin Love - Piper Sandler Bose George - KBW Jason Weaver - Jones Trading Eric Hagen - BTIG Operator Good day, everyone.
AG Mortgage Investment Trust (MITT) came out with quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.21 per share a year ago.
![]() MITT In 3 weeks Estimated | Quarterly | $0.2 Per Share |
![]() MITT 2 months ago Paid | Quarterly | $0.2 Per Share |
![]() MITT 5 months ago Paid | Quarterly | $0.19 Per Share |
![]() MITT 8 months ago Paid | Quarterly | $0.19 Per Share |
![]() MITT 11 months ago Paid | Quarterly | $0.19 Per Share |
![]() MITT 27 Mar 2024 Paid | Quarterly | $0.18 Per Share |
1 May 2025 Date | | - Cons. EPS | - EPS |
20 Feb 2025 Date | | 0.2 Cons. EPS | 0.18 EPS |
5 Nov 2024 Date | | 0.16 Cons. EPS | 0.4 EPS |
5 Aug 2024 Date | | 0.25 Cons. EPS | - EPS |
2 Aug 2024 Date | | 0.26 Cons. EPS | - EPS |
![]() MITT In 3 weeks Estimated | Quarterly | $0.2 Per Share |
![]() MITT 2 months ago Paid | Quarterly | $0.2 Per Share |
![]() MITT 5 months ago Paid | Quarterly | $0.19 Per Share |
![]() MITT 8 months ago Paid | Quarterly | $0.19 Per Share |
![]() MITT 11 months ago Paid | Quarterly | $0.19 Per Share |
![]() MITT 27 Mar 2024 Paid | Quarterly | $0.18 Per Share |
1 May 2025 Date | | - Cons. EPS | - EPS |
20 Feb 2025 Date | | 0.2 Cons. EPS | 0.18 EPS |
5 Nov 2024 Date | | 0.16 Cons. EPS | 0.4 EPS |
5 Aug 2024 Date | | 0.25 Cons. EPS | - EPS |
2 Aug 2024 Date | | 0.26 Cons. EPS | - EPS |
REIT - Mortgage Industry | Real Estate Sector | Mr. Thomas Durkin CEO | XSTU Exchange | US0012285013 ISIN |
US Country | - Employees | 31 Mar 2025 Last Dividend | 23 Jul 2021 Last Split | 30 Jun 2011 IPO Date |
AG Mortgage Investment Trust, Inc., established in 2011 and headquartered in New York, New York, is a residential mortgage real estate investment trust (REIT) operating within the United States. The company specializes in a diverse portfolio encompassing various types of residential and commercial mortgage assets. As a real estate investment trust, AG Mortgage Investment Trust, Inc. enjoys certain tax advantages, specifically, it is not subject to federal corporate income taxes provided it distributes at least 90% of its taxable income to its stockholders. This strategic position allows the company to maximize returns for its investors while navigating the complex landscape of real estate and mortgage investments.
AG Mortgage Investment Trust, Inc. holds a variety of residential investments which includes non-agency loans, agency-eligible loans, re-and non-performing loans, and non-agency residential mortgage-backed securities. These diverse types of investments allow the company to capitalize on different segments of the residential mortgage market, catering to a wide range of investor requirements and risk appetites.
In addition to its residential portfolio, the company also invests in commercial loans and commercial mortgage-backed securities. These investments diversify the company’s income streams and leverage the potential in the commercial real estate sector. By including commercial real estate assets in its portfolio, AG Mortgage Investment Trust, Inc. can tap into the growth opportunities presented by various commercial properties and constructions, ranging from office spaces and retail locations to industrial facilities.