NYSE$MITT
AG Mortgage Investment Trust Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
MITT delivered a strong quarter, executing its core business strategy of originating and securitizing residential whole loans.
AG Mortgage Investment Trust, Inc. reported a strong third quarter with an economic return on equity of 3.9%. The company's strategy of originating and securitizing residential whole loans contributed to the positive results. With ample liquidity and a disciplined approach to leverage, MITT is positioned to capitalize on opportunities in the residential mortgage space.
- Economic return on equity was 3.9% for the quarter.
- Net Income Available to Common Stockholders was $0.40 per diluted common share.
- Earnings Available for Distribution (EAD) was $0.17 per diluted common share.
- Investment Portfolio totaled $6.8 billion as of September 30, 2024.
Headline financials
Revenue & EPS history
MITT · Revenue · Quarterly
$15M
Forward guidance
The Company believes MITT is well positioned to take advantage of exciting new opportunities in the residential mortgage space to drive earnings power for the benefit of MITT’s shareholders.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2024
+1.1%
Avg return
Earnings day
+1.9%
Avg return
5 days after
-0.1%
Avg return
30 days after
52%
30 / 58 earnings
Positive
+24.5%
Q4 2020
Best reaction
-14.3%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -6.1% | -4.9% | — | |
| Q4 2025 | -1.3% | -4.6% | -10.9% | |
| Q3 2025 | +6.7% | +9.2% | +15.5% | |
| Q2 2025 | -7.8% | -4.1% | +0.0% | |
| Q1 2025 | -2.7% | +3.0% | +10.6% | |
| Q4 2024 | +1.6% | -1.1% | -5.0% | |
| Q3 2024 | -4.1% | -0.3% | -3.8% | |
| Q2 2024 | -14.3% | -12.4% | -2.1% | |
| Q1 2024 | +17.0% | +17.2% | +18.4% | |
| Q4 2023 | +4.4% | +2.5% | +2.7% | |
| Q3 2023 | +2.3% | +2.5% | +11.3% | |
| Q2 2023 | +4.9% | +0.8% | +0.8% | |
| Q1 2023 | +8.4% | +4.6% | +15.1% | |
| Q4 2022 | +3.5% | +5.7% | -8.2% | |
| Q3 2022 | +10.1% | +8.0% | +28.2% | |
| Q2 2022 | -8.9% | -8.3% | -24.3% | |
| Q1 2022 | -4.7% | -2.4% | +5.4% | |
| Q4 2021 | -2.1% | -4.1% | +3.6% | |
| Q3 2021 | +10.9% | +12.8% | -11.7% | |
| Q2 2021 | -1.9% | -6.7% | -2.1% | |
| Q1 2021 | +4.9% | +0.8% | +7.4% | |
| Q4 2020 | +24.5% | +40.2% | +29.4% | |
| Q3 2020 | -0.7% | -1.8% | +21.0% | |
| Q2 2020 | +12.1% | +12.1% | -3.9% | |
| Q1 2020 | +5.9% | +1.5% | -33.5% | |
| Q4 2019 | -7.1% | -2.7% | -75.5% | |
| Q3 2019 | -2.7% | -1.3% | -0.4% | |
| Q2 2019 | -2.4% | -1.8% | -8.0% | |
| Q1 2019 | -2.5% | -2.3% | -9.8% | |
| Q4 2018 | +0.2% | -0.3% | -3.9% | |
| Q3 2018 | +2.2% | +3.6% | +2.1% | |
| Q2 2018 | -3.0% | -1.3% | -0.6% | |
| Q1 2018 | +1.8% | +4.1% | +6.7% | |
| Q4 2017 | -6.4% | -4.2% | -0.6% | |
| Q3 2017 | +2.5% | +0.5% | +0.3% | |
| Q2 2017 | +4.3% | +4.3% | +2.4% | |
| Q1 2017 | -4.3% | -1.7% | +0.0% | |
| Q4 2016 | +1.5% | -0.4% | +0.7% | |
| Q3 2016 | +3.4% | +6.9% | +14.5% | |
| Q2 2016 | +2.1% | +3.7% | +4.5% | |
| Q1 2016 | +1.2% | — | — | |
| Q4 2015 | +5.8% | — | — | |
| Q3 2015 | -3.9% | — | — | |
| Q2 2015 | -2.1% | — | — | |
| Q1 2015 | -3.8% | — | — | |
| Q4 2014 | +0.3% | — | — | |
| Q3 2014 | +0.3% | — | — | |
| Q2 2014 | -0.1% | — | — | |
| Q1 2014 | +2.8% | — | — | |
| Q4 2013 | +2.5% | — | — | |
| Q3 2013 | -1.9% | — | — | |
| Q2 2013 | -0.6% | — | — | |
| Q1 2013 | +1.2% | — | — | |
| Q4 2012 | -3.2% | — | — | |
| Q3 2012 | -0.8% | — | — | |
| Q2 2012 | +0.0% | — | — | |
| Q1 2012 | -0.3% | — | — | |
| Q3 2011 | +11.5% | — | — |
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