AG Mortgage Investment Trust, Inc., a real estate investment trust, invests in a portfolio of residential mortgage-backed securities and credit investments in the United States. Its investment portfolio includes residential investments, including re/non-performing loans, non-qualifying mortgages loans, and land related financing; and commercial investments, such as commercial mortgage-backed securities (CMBS), interest only securities, and CMBS interest-only and principal-only securities, as well as commercial real estate loans secured by commercial real property, including mortgages and mezzanine loans for construction or redevelopment of a properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2011 and is based in New York, New York.
IPO Year: 2011
Exchange: NYSE
Website: agmit.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/26/2024 | $9.00 | Overweight | Piper Sandler |
12/6/2023 | $7.00 | Buy | UBS |
1/9/2023 | $7.00 | Underperform → Neutral | Credit Suisse |
7/18/2022 | $8.50 | Outperform → Mkt Perform | Keefe Bruyette |
11/19/2021 | $16.00 → $14.50 | Buy | JonesTrading |
11/10/2021 | $13.50 → $14.50 | Market Outperform | JMP Securities |
11/8/2021 | Sell → Neutral | BTIG | |
10/11/2021 | Market Perform → Outperform | Keefe, Bruyette & Woods | |
10/11/2021 | $12.50 → $13.75 | Mkt Perform → Outperform | Keefe Bruyette |
9/28/2021 | $13.50 | Market Perform → Market Outperform | JMP Securities |