AG Mortgage Investment Trust Inc (MITT) reported quarterly earnings results on Thursday, Aug-4-2016. The company reported $0.43 earnings per share for the quarter, missing the analyst consensus estimate by $-0.03. Analysts had a consensus of $0.46. Analysts expectations of $22.72 million. During the same quarter in the previous year, the company posted $0.65 EPS.
AG Mortgage Investment Trust Inc closed down -0.07 points or -0.46% at $15.05 with 98,038 shares getting traded on Tusday. Post opening the session at $15.14, the shares hit an intraday low of $15 and an intraday high of $15.15 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.
In a different news, on Mar 2, 2016, Brian C. Sigman (CFO) purchased 6,100 shares at $12.28 per share price.
AG Mortgage Investment Trust Inc. is a real estate investment trust (REIT). The Company is focused on investing in acquiring and managing a diversified portfolio of residential mortgage-backed securities (RMBS) issued or guaranteed by a government-sponsored enterprise such as The Federal National Mortgage Association (Fannie Mae) or The Federal Home Loan Mortgage Corporation (Freddie Mac) or any agency of the United States Government such as The Government National Mortgage Association (Ginnie Mae) (collectively Agency RMBS) and other real estate-related securities and financial assets including Non-Agency RMBS asset backed securities (ABS) commercial mortgage-backed securities (CMBS) and loans. The majority of the Company’s portfolio consists of mortgage-backed securities specifically RMBS.