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AG Mortgage Investment Trust (MITT) Given Daily Coverage Optimism Score of 0.16

Media coverage about AG Mortgage Investment Trust (NYSE:MITT) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. AG Mortgage Investment Trust earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 46.0121915109962 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

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These are some of the news stories that may have effected Accern’s scoring:

AG Mortgage Investment Trust (NYSE MITT) traded down 0.05% during mid-day trading on Friday, reaching $18.39. 85,032 shares of the company were exchanged. AG Mortgage Investment Trust has a 12 month low of $13.88 and a 12 month high of $19.38. The company has a market cap of $509.49 million, a P/E ratio of 6.57 and a beta of 0.94. The stock’s 50-day moving average is $18.58 and its 200-day moving average is $18.16.

AG Mortgage Investment Trust (NYSE:MITT) last released its quarterly earnings data on Wednesday, May 3rd. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by $0.04. The business had revenue of $19.80 million during the quarter. AG Mortgage Investment Trust had a net margin of 75.87% and a return on equity of 12.66%. Equities analysts expect that AG Mortgage Investment Trust will post $1.72 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, July 31st. Stockholders of record on Monday, June 19th will be paid a dividend of $0.475 per share. The ex-dividend date of this dividend is Thursday, June 15th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 10.33%. AG Mortgage Investment Trust’s dividend payout ratio (DPR) is currently 68.10%.

MITT has been the topic of several recent research reports. ValuEngine upgraded shares of AG Mortgage Investment Trust from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 2nd. Zacks Investment Research lowered shares of AG Mortgage Investment Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, May 3rd. Credit Suisse Group reiterated a “hold” rating and issued a $18.00 price objective on shares of AG Mortgage Investment Trust in a research report on Monday, May 15th. Keefe, Bruyette & Woods set a $18.00 price objective on shares of AG Mortgage Investment Trust and gave the stock a “hold” rating in a research report on Wednesday, May 10th. Finally, Wunderlich boosted their price objective on shares of AG Mortgage Investment Trust from $17.50 to $18.50 and gave the stock a “hold” rating in a research report on Monday, May 8th. Six equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $18.38.

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AG Mortgage Investment Trust Company Profile