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.
AG Mortgage Investment Trust (MITT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
AG Mortgage Investment Trust (MITT) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
AG Mortgage Investment Trust, Inc. offers high income with some capital risk, making it a potential buy under $7 per share. Despite mixed Q4 metrics, MITT's strategic acquisitions and active management position it well in the current rate climate. The stock trades at a significant discount to book value, presenting a strong buying opportunity.
AG Mortgage Investment Trust (MITT) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.17 per share a year ago.
AG Mortgage Investment Trust, Inc. (NYSE:MITT ) Q3 2024 Earnings Conference Call November 5, 2024 8:00 AM ET Company Participants Jenny Neslin - General Counsel T.J. Durkin - President and Chief Executive Officer Nick Smith - Chief Investment Officer Anthony Rossiello - Chief Financial Officer Conference Call Participants Bose George - KBW Brad Capuzzi - Piper Sandler Doug Harter - UBS Jason Weaver - Jones Trading Trevor Cranston - Citizens JMP Eric Hagen - BTIG Operator Good day, and thank you for standing by.
AG Mortgage Investment Trust, Inc. reported $0.40 net income per share, but earnings available for distribution ($0.17) did not fully cover the $0.19 dividend. Despite volatile interest rates, MITT delivered a strong quarter with a 3.9% economic return on equity and a net interest rate spread of 0.6%. The stock trades at a significant discount-to-book value, presenting a potential investment opportunity with a price target of $8.
AG Mortgage Investment Trust (MITT) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.10 per share a year ago.
AG Mortgage Investment Trust (MITT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.