AG Mortgage Investment Trust ( (MITT) ) has released its Q2 earnings. Here is a breakdown of the information AG Mortgage Investment Trust presented to its investors.
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AG Mortgage Investment Trust, Inc. is a residential mortgage real estate investment trust (REIT) focused on investing in a diversified portfolio of residential mortgage-related assets in the U.S. market. It is externally managed by AG REIT Management, LLC, a subsidiary of Angelo, Gordon & Co., L.P.
In its second quarter of 2025 earnings report, AG Mortgage Investment Trust announced a 5% increase in its common dividend and a modest decline in book value. The company also highlighted a strategic acquisition of an additional 21.4% interest in Arc Home, enhancing its position in the residential mortgage space.
Key financial metrics for the quarter included a book value per share of $10.39, a net loss of $0.05 per diluted common share, and earnings available for distribution of $0.18 per diluted common share. The company declared a $0.21 dividend per common share, marking a 5% increase from the previous quarter. The investment portfolio stood at $7.3 billion, with a net interest margin of 0.6%.
The acquisition of additional interest in Arc Home increased AG Mortgage Investment Trust’s ownership to 66%. This transaction is expected to enhance earnings potential as Arc Home scales its operations and expands product offerings. The company’s liquidity was reported at $89.7 million as of June 30, 2025.
Looking ahead, AG Mortgage Investment Trust remains focused on disciplined risk management and enhancing long-term shareholder value. The management anticipates strong earnings accretion potential from its recent acquisition, positioning the company as a leading platform in the residential mortgage sector.