AG Mortgage Investment Trust (MITT) Stock Forecast, Price Target & Predictions
MITT Stock Forecast
AG Mortgage Investment Trust stock forecast is as follows: an average price target of $8.50 (represents a 19.21% upside from MITT’s last price of $7.13) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
MITT Price Target
The average price target for AG Mortgage Investment Trust (MITT) is $8.50 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $8.50 to $8.50. This represents a potential 19.21% upside from MITT's last price of $7.13.
MITT Analyst Ratings
According to 5 Wall Street analysts, AG Mortgage Investment Trust's rating consensus is 'Buy'. The analyst rating breakdown for MITT stock is 0 'Strong Buy' (0.00%), 4 'Buy' (80.00%), 1 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
AG Mortgage Investment Trust Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 19, 2024 | Trevor Cranston | JMP Securities | $8.50 | $7.46 | 13.94% | 19.21% |
| May 30, 2024 | Trevor Cranston | JMP Securities | $7.50 | $6.59 | 13.81% | 5.19% |
| Dec 20, 2022 | Jason Stewart | JonesTrading | $8.00 | $5.86 | 36.52% | 12.20% |
The latest AG Mortgage Investment Trust stock forecast, released on Jul 19, 2024 by Trevor Cranston from JMP Securities, set a price target of $8.50, which represents a 13.94% increase from the stock price at the time of the forecast ($7.46), and a 19.21% increase from MITT last price ($7.13).
AG Mortgage Investment Trust Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $8.00 |
| Last Closing Price | $7.13 | $7.13 | $7.13 |
| Upside/Downside | -100.00% | -100.00% | 12.20% |
In the current month, the average price target of AG Mortgage Investment Trust stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to AG Mortgage Investment Trust's last price of $7.13. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 26, 2024 | Piper Sandler | Overweight | Initialise | |
| Jul 19, 2024 | Keefe, Bruyette & Woods | Market Outperform | Market Outperform | Hold |
| Jul 19, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Jun 17, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| May 30, 2024 | Keefe, Bruyette & Woods | Market Outperform | Market Outperform | Hold |
| May 30, 2024 | JMP Securities | Outperform | Outperform | Hold |
| May 07, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Jan 09, 2023 | Credit Suisse | Neutral | Upgrade | |
| Dec 20, 2022 | JonesTrading | Buy | Buy | Hold |
AG Mortgage Investment Trust's last stock rating was published by Piper Sandler on Jul 26, 2024. The company Initialise its MITT rating from "null" to "Overweight".
AG Mortgage Investment Trust Financial Forecast
AG Mortgage Investment Trust Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $77.71M | $11.52M | $14.88M | $21.45M | $20.00M | $10.23M | $16.24M | $17.30M | $25.01M | $32.16M | $18.30M | $22.11M | $23.19M | $9.64M | $11.35M | $20.30M | $29.25M | $19.27M |
| Avg Forecast | $22.64M | $22.83M | $22.36M | $22.13M | $21.89M | $22.12M | $21.42M | $21.02M | $18.51M | $18.46M | $15.37M | $15.45M | $14.48M | $11.95M | $13.74M | $11.76M | $13.09M | $17.65M | $16.10M | $13.91M | $11.57M | $12.93M | $12.20M | $17.49M | $14.68M | $6.26M | $10.79M | $30.80M | $31.40M | $23.12M |
| High Forecast | $23.45M | $23.65M | $23.16M | $22.92M | $22.67M | $22.91M | $22.19M | $21.77M | $19.17M | $19.12M | $15.37M | $15.45M | $14.99M | $12.68M | $14.24M | $12.18M | $13.56M | $17.65M | $16.10M | $13.91M | $11.57M | $12.93M | $12.20M | $17.49M | $14.68M | $6.26M | $10.79M | $30.80M | $31.40M | $23.12M |
| Low Forecast | $22.21M | $22.39M | $21.93M | $21.71M | $21.47M | $21.70M | $21.01M | $20.61M | $18.16M | $18.11M | $15.37M | $15.45M | $14.20M | $11.22M | $13.48M | $11.53M | $12.84M | $17.65M | $16.10M | $13.91M | $11.57M | $12.93M | $12.20M | $17.49M | $14.68M | $6.26M | $10.79M | $30.80M | $31.40M | $23.12M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 5.37% | 0.96% | 1.08% | 1.82% | 1.53% | 0.58% | 1.01% | 1.24% | 2.16% | 2.49% | 1.50% | 1.26% | 1.58% | 1.54% | 1.05% | 0.66% | 0.93% | 0.83% |
AG Mortgage Investment Trust's average Quarter revenue forecast for Mar 24 based on 1 analysts is $15.45M, with a low forecast of $15.45M, and a high forecast of $15.45M. MITT's average Quarter revenue forecast represents a -80.12% decrease compared to the company's last Quarter revenue of $77.71M (Dec 23).
AG Mortgage Investment Trust EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $35.35M | $-2.17M | $8.06M | $58.73M | $43.74M | $31.83M | $-25.55M | $2.92M | $21.56M | $41.78M | $20.79M | $47.31M | $44.99M | $24.40M | $11.67M | $-465.05M | $54.40M | $34.20M |
| Avg Forecast | $12.76M | $12.86M | $12.60M | $12.47M | $12.34M | $12.46M | $12.07M | $11.84M | $10.43M | $10.40M | $8.66M | $641.46K | $8.16M | $6.74M | $7.74M | $686.05K | $7.38M | $16.54M | $15.08M | $733.75K | $10.85M | $12.11M | $11.43M | $16.39M | $13.76M | $5.87M | $10.11M | $28.86M | $29.42M | $21.67M |
| High Forecast | $13.22M | $13.33M | $13.05M | $12.92M | $12.78M | $12.91M | $12.51M | $12.27M | $10.81M | $10.78M | $8.66M | $769.75K | $8.45M | $7.14M | $8.02M | $823.26K | $7.64M | $16.54M | $15.08M | $880.49K | $10.85M | $12.11M | $11.43M | $16.39M | $13.76M | $5.87M | $10.11M | $28.86M | $29.42M | $21.67M |
| Low Forecast | $12.52M | $12.62M | $12.36M | $12.23M | $12.10M | $12.23M | $11.84M | $11.62M | $10.23M | $10.21M | $8.66M | $513.17K | $8.00M | $6.32M | $7.60M | $548.84K | $7.24M | $16.54M | $15.08M | $587.00K | $10.85M | $12.11M | $11.43M | $16.39M | $13.76M | $5.87M | $10.11M | $28.86M | $29.42M | $21.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 4.33% | -0.32% | 1.04% | 85.60% | 5.93% | 1.92% | -1.69% | 3.98% | 1.99% | 3.45% | 1.82% | 2.89% | 3.27% | 4.16% | 1.15% | -16.11% | 1.85% | 1.58% |
1 analysts predict MITT's average Quarter EBITDA for Mar 24 to be $641.46K, with a high of $769.75K and a low of $513.17K. This is -98.19% lower than AG Mortgage Investment Trust's previous annual EBITDA (Dec 23) of $35.35M.
AG Mortgage Investment Trust Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $35.35M | $-2.17M | $8.06M | $12.54M | $-32.46M | $-2.87M | $-48.72M | $-13.20M | $10.87M | $34.58M | $15.49M | $43.25M | $40.99M | $20.05M | $3.06M | $-485.02M | $35.04M | $10.05M |
| Avg Forecast | $8.04M | $8.08M | $7.81M | $7.94M | $7.92M | $8.01M | $7.52M | $7.06M | $6.04M | $6.11M | $5.78M | $-75.07M | $3.81M | $3.54M | $3.18M | $-80.29M | $7.69M | $5.61M | $7.76M | $-85.87M | $4.73M | $4.23M | $6.54M | $630.57M | $-9.39M | $3.39M | $28.24M | $19.89M | $38.61M | $38.02M |
| High Forecast | $8.41M | $8.45M | $8.18M | $8.31M | $8.29M | $8.38M | $7.87M | $7.39M | $6.32M | $6.16M | $5.78M | $-60.05M | $3.98M | $4.87M | $3.33M | $-64.23M | $9.22M | $5.61M | $7.76M | $-68.69M | $4.73M | $4.23M | $6.54M | $756.68M | $-9.39M | $3.39M | $33.89M | $19.89M | $38.61M | $38.02M |
| Low Forecast | $7.84M | $7.88M | $7.62M | $7.74M | $7.72M | $7.81M | $7.33M | $6.89M | $5.89M | $6.07M | $5.78M | $-90.08M | $3.71M | $2.66M | $3.10M | $-96.34M | $6.15M | $5.61M | $7.76M | $-103.04M | $4.73M | $4.23M | $6.54M | $504.46M | $-9.39M | $3.39M | $22.59M | $19.89M | $38.61M | $38.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 9.29% | -0.61% | 2.53% | -0.16% | -4.22% | -0.51% | -6.28% | 0.15% | 2.30% | 8.18% | 2.37% | 0.07% | -4.37% | 5.91% | 0.11% | -24.38% | 0.91% | 0.26% |
AG Mortgage Investment Trust's average Quarter net income forecast for Mar 24 is $-75.07M, with a range of $-90.08M to $-60.05M. MITT's average Quarter net income forecast represents a -312.34% decrease compared to the company's last Quarter net income of $35.35M (Dec 23).
AG Mortgage Investment Trust SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $6.19M | - | $2.06M | $2.08M | $2.11M | $2.06M | $1.96M | $2.46M | $2.30M | $2.21M | $2.23M | $2.22M | $2.20M | $2.16M | $2.10M | $2.63M | $3.20M | $2.82M |
| Avg Forecast | $168.94M | $170.32M | $166.83M | $165.11M | $163.32M | $165.02M | $159.84M | $156.80M | $138.10M | $137.75M | $114.65M | $115.26M | $108.00M | $89.18M | $102.54M | $87.72M | $1.27M | $131.56M | $119.99M | $103.70M | $86.29M | $96.36M | $90.94M | $130.41M | $109.46M | $46.70M | $80.44M | $229.59M | $234.09M | $172.36M |
| High Forecast | $175.00M | $176.43M | $172.81M | $171.03M | $169.18M | $170.94M | $165.57M | $162.43M | $143.06M | $142.69M | $114.65M | $115.26M | $111.88M | $94.58M | $106.22M | $90.87M | $1.53M | $131.56M | $119.99M | $103.70M | $86.29M | $96.36M | $90.94M | $130.41M | $109.46M | $46.70M | $80.44M | $229.59M | $234.09M | $172.36M |
| Low Forecast | $165.71M | $167.07M | $163.64M | $161.96M | $160.20M | $161.88M | $156.79M | $153.81M | $135.47M | $135.12M | $114.65M | $115.26M | $105.94M | $83.72M | $100.59M | $86.05M | $1.02M | $131.56M | $119.99M | $103.70M | $86.29M | $96.36M | $90.94M | $130.41M | $109.46M | $46.70M | $80.44M | $229.59M | $234.09M | $172.36M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.06% | - | 0.02% | 0.02% | 1.66% | 0.02% | 0.02% | 0.02% | 0.03% | 0.02% | 0.02% | 0.02% | 0.02% | 0.05% | 0.03% | 0.01% | 0.01% | 0.02% |
AG Mortgage Investment Trust's average Quarter SG&A projection for Mar 24 is $115.26M, based on 1 Wall Street analysts, with a range of $115.26M to $115.26M. The forecast indicates a 1762.05% rise compared to MITT last annual SG&A of $6.19M (Dec 23).
AG Mortgage Investment Trust EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.55 | $-0.11 | $0.17 | $0.38 | $-1.49 | $-0.13 | $-2.08 | $-0.55 | $0.57 | $1.87 | $0.70 | $2.73 | $2.90 | $1.32 | $-0.24 | $-44.94 | $2.70 | $0.57 |
| Avg Forecast | $0.27 | $0.27 | $0.26 | $0.27 | $0.27 | $0.27 | $0.25 | $0.24 | $0.20 | $0.21 | $0.20 | $0.13 | $0.13 | $0.12 | $0.11 | $0.12 | $0.08 | $0.19 | $0.26 | $0.20 | $0.16 | $0.14 | $0.22 | $0.44 | $-0.32 | $0.12 | $0.10 | $0.68 | $1.31 | $1.29 |
| High Forecast | $0.29 | $0.29 | $0.28 | $0.28 | $0.28 | $0.28 | $0.27 | $0.25 | $0.21 | $0.21 | $0.20 | $0.13 | $0.13 | $0.17 | $0.11 | $0.13 | $0.08 | $0.19 | $0.26 | $0.20 | $0.16 | $0.14 | $0.22 | $0.44 | $-0.32 | $0.12 | $0.10 | $0.68 | $1.31 | $1.29 |
| Low Forecast | $0.27 | $0.27 | $0.26 | $0.26 | $0.26 | $0.26 | $0.25 | $0.23 | $0.20 | $0.21 | $0.20 | $0.13 | $0.13 | $0.09 | $0.11 | $0.12 | $0.07 | $0.19 | $0.26 | $0.20 | $0.16 | $0.14 | $0.22 | $0.44 | $-0.32 | $0.12 | $0.10 | $0.68 | $1.31 | $1.29 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 12.02% | -0.92% | 1.58% | 3.16% | -19.78% | -0.68% | -7.90% | -2.73% | 3.55% | 13.03% | 3.16% | 6.15% | -9.11% | 11.47% | -2.48% | -66.58% | 2.06% | 0.44% |
According to 1 Wall Street analysts, AG Mortgage Investment Trust's projected average Quarter EPS for Mar 24 is $0.13, with a low estimate of $0.13 and a high estimate of $0.13. This represents a -91.31% decrease compared to MITT previous annual EPS of $1.55 (Dec 23).
AG Mortgage Investment Trust Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NYMT | New York Mortgage Trust | $6.37 | $12.25 | 92.31% | Hold |
| MFA | MFA Financial | $10.73 | $14.25 | 32.81% | Buy |
| TRTX | TPG RE Finance Trust | $8.58 | $11.00 | 28.21% | Buy |
| TWO | Two Harbors Investment | $11.81 | $15.00 | 27.01% | Buy |
| RWT | Redwood Trust | $6.97 | $8.67 | 24.39% | Buy |
| EARN | Ellington Residential Mortgage REIT | $6.56 | $8.00 | 21.95% | Buy |
| MITT | AG Mortgage Investment Trust | $7.13 | $8.50 | 19.21% | Buy |
| EFC | Ellington Financial | $12.28 | $13.50 | 9.93% | Buy |
| ACRE | Ares Commercial Real Estate | $6.57 | $7.00 | 6.54% | Hold |
| ACR | ACRES Commercial Realty | $17.01 | $17.50 | 2.88% | Buy |
| IVR | Invesco Mortgage Capital | $8.49 | $8.00 | -5.77% | Hold |