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Stock impact report

AG Mortgage Investment Trust, Inc. Reports Third Quarter 2024 Results

AG Mortgage Investment Trust, Inc. (MITT) 
Last ag mortgage investment trust, inc. earnings: 5/3 08:23 pm Check Earnings Report
Company Research Source: Business Wire
  NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. ("MITT," "we," the "Company," or "our") (NYSE: MITT) today reported financial results for the quarter ended September 30, 2024.MANAGEMENT REMARKS“MITT delivered yet another strong quarter as we continue to execute the core business strategy of originating and securitizing residential whole loans, with MITT generating an economic return on equity of 3.9% for the quarter,” said T.J. Durkin, Chief Executive Officer and President. “With ample liquidity, and our prudent and disciplined approach to employing leverage, we believe 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.”THIRD QUARTER FINANCIAL HIGHLIGHTS$10.58 Book Value per share as of September 30, 2024(1)Quarterly economic return on equity of 3.9%(2)Book value is calculated using stockholders’ equity less the liquidation preference of our cumulat Show less Read more
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