MITN Company Report

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Research analysts covering MITN.

Recent press releases and 8-K filings for MITN.

AG Mortgage Investment Trust Reports Strong Q3 2025 Earnings and Strategic Growth

MITN

Earnings

Dividends

New Projects/Investments

AG Mortgage Investment Trust (MITN) reported strong Q3 2025 EAD of $0.23 per share, up from $0.18 in Q2, and an increase in book value from $10.39 to $10.46, fully supporting its $0.21 dividend.
The company increased its ownership in Arc Home to 66% with an additional 21.4% acquisition, which contributed $0.03 per share to EAD in Q3 2025.
MITN freed up nearly $66 million of equity by monetizing legacy WMC assets and grew its investment portfolio by over 20% to $8.8 billion, acquiring over $1.7 billion in residential mortgage loans and completing four securitizations.
Management expects to redeploy $15 million-$30 million of equity from call rights in the near term and anticipates the resolution of hospitality CRE loans in H1 2026, which could return approximately $23 million of capital.

Nov 4, 2025, 1:30 PM

MITN Announces Q3 2025 Results

MITN

Earnings

Dividends

New Projects/Investments

MITN reported Q3 2025 Earnings per Share of $0.23 and Net Interest Income of $15.9 million, while declaring a dividend per share of $0.47.
The company's Book Value per Share increased by 0.7% to $10.46 in Q3 2025, with total equity reaching $559.8 million.
The Investment Portfolio stood at $8.8 billion with a 6.1% yield and 5.4% cost of funds, supported by $104.2 million in liquidity.
Strategically, MITN acquired an additional 21.4% interest in Arc Home, bringing its total ownership to 66.0%. Arc Home recorded $959.3 million in originations and $1.4 billion in lock volume during Q3. The company also completed 4 securitizations, totaling $1.7 billion in loans securitized.

Nov 4, 2025, 1:30 PM

AG Mortgage Investment Trust Reports Q4 and Full Year 2024 Financial Results

MITN

Earnings

Dividends

New Projects/Investments

AG Mortgage Investment Trust (MITN) reported a 0.6% increase in book value to $10.64 per share for Q4 2024, achieving a 2.4% economic return on equity for the quarter. For the full year 2024, the company delivered an 11.7% economic return on equity and increased its quarterly dividend by 5.6%.
The company's strategic initiatives included growing its investment portfolio by 13% to $6.7 billion in 2024, executing six securitizations, and incorporating home equity loans into its product mix. The WMC acquisition marked its one-year anniversary, contributing to over 50% total stockholder returns since closing.
MITN maintained a low economic leverage ratio of 1.4 turns at quarter-end and reported total liquidity of approximately $137 million, comprising $119 million of cash and $18 million of unencumbered agency RMBS.
Management anticipates $75-$100 million in deployable capital for the coming year from maturing CRE positions, rolling off inefficient financings, and equity rotation. Ark Home, in which MITN owns 45%, achieved profitability in December and January and is expected to be a positive EAD contributor in 2025.

Mar 3, 2025, 1:30 PM

AG Mortgage Investment Trust Reports Q4 and Full Year 2024 Financial Results

MITN

Earnings

Dividends

New Projects/Investments

AG Mortgage Investment Trust (MITN) reported a 0.6% increase in book value to $10.64 per share for Q4 2024, delivering a 2.4% economic return on equity for the quarter and an 11.7% economic return for the full year 2024.
Full-year 2024 Earnings Available for Distribution (EAD) of $0.76 per share covered the $0.75 dividend declared, with Q4 2024 EAD at $0.18 per share.
The company's investment portfolio expanded 13% to $6.7 billion in 2024, maintaining an economic leverage ratio of 1.4 turns at quarter-end.
Arc Home, 45% owned by MITN, achieved profitability in December and January after contributing a $0.02 per share loss to EAD in Q4 2024, and is expected to be a positive EAD contributor in 2025.
Management projects $75-$100 million in deployable capital for the coming year, sourced from maturing CRE positions, rolling off inefficient financings, and asset rotation.