TPG Mortgage Investment Trust Inc Stock Price, News & Analysis

AG Mortgage Investment Trust, Inc. (NYSE: MITT) has declared a dividend of $0.18 per common share for Q1 2023. This dividend will be paid on April 28, 2023, to shareholders on record as of March 31, 2023. The company operates as a residential mortgage REIT, focusing on a diversified portfolio of mortgage-related assets in the U.S. mortgage market. AG Mortgage is externally managed by AG REIT Management, a subsidiary of Angelo, Gordon & Co., which manages approximately $53 billion in assets.

AG Mortgage Investment Trust (MITT) reported financial results for 2022, showing a 23% decrease in Book Value per share from $14.64 in 2021 to $11.39. The Annual Economic Return on Equity was (17.3)%, with a net loss of $(3.12) per share and earnings available for distribution of $0.08 per share. Despite challenges, the company noted a 3% increase in book value during Q4 2022 and reported a quarterly economic return on equity of 5.0%. The investment portfolio totaled $4.2 billion, with $2.6 billion in loans purchased in 2022. The company also executed a rated securitization of $271.2 million, converting recourse financing into more stable non-recourse financing.

AG Mortgage Investment Trust, Inc. (NYSE: MITT) has announced it will release its fourth quarter 2022 financial results on February 23, 2023, before market opening. Following the release, a conference call will be held at 8:30 a.m. ET the same day to discuss the results. Participants can join by calling (800) 445-7795 for domestic or (785) 424-1699 for international calls, with Conference ID MITTQ422. An accompanying presentation will be available on the company's investor relations website.

Audio replays of the call will be accessible from February 23 to March 23, 2023.

AG Mortgage Investment Trust, Inc. (NYSE: MITT) announced the tax treatment of distributions for common and preferred stocks paid in 2022. Shareholders are advised to review their 2022 tax statements, as the common stock distribution on January 31, 2022, will count as a 2022 distribution for tax purposes. The total common stock distribution per share for 2022 is $0.84, while the preferred stock distributions total $2.06252. The company highlights the importance of consulting with tax advisors regarding individual tax implications. AG Mortgage Investment Trust focuses on investing in residential mortgage-related assets.

AG Mortgage Investment Trust (NYSE: MITT) declared a $0.18 dividend per common share for Q4 2022, payable on January 31, 2023, to shareholders of record by December 30, 2022. The Company repurchased 0.8 million shares costing $4.4 million, with $8.3 million remaining for future buybacks under its 2022 program. This reinforces MITT's commitment to shareholder returns while strategically managing its capital. AG Mortgage Investment Trust focuses on a diversified portfolio of U.S. residential mortgage assets.

AG Mortgage Investment Trust (MITT) reported Q3 2022 financial results, showing a book value per share of $11.02, down from $11.48 in Q2 2022, reflecting a 4.2% decline. The company experienced a quarterly economic return on equity of (2.3)%, with net income per diluted share at $(0.33). Despite inflation and market volatility, MITT expanded its investment portfolio to $4.3 billion and executed significant securitizations. The company maintained a strong liquidity position with $79.7 million available as of September 30, 2022 and repurchased 0.4 million shares for $2.3 million.

AG Mortgage Investment Trust, Inc. (NYSE: MITT) announced it will release its third quarter 2022 financial results on November 4, 2022, before the market opens. A conference call to discuss the results will occur on the same day at 8:30 a.m. Eastern Time. Participants can join by calling (800) 343-4849 or (203) 518-9856 for international callers, using Conference ID MITTQ322. An audio replay will be available the same day until December 4, 2022. The company's presentation can be accessed on its website under the