AG Mortgage Investment Trust Reports Stable Q1 2025

AG Mortgage Investment Trust ( (MITT) ) has released its Q1 earnings. Here is a breakdown of the information AG Mortgage Investment Trust presented to its investors.

AG Mortgage Investment Trust, Inc. is a residential mortgage real estate investment trust (REIT) that focuses on investing in a diversified portfolio of residential mortgage-related assets in the U.S. mortgage market. The company is externally managed by AG REIT Management, LLC, a subsidiary of Angelo, Gordon & Co., L.P.

In its first quarter of 2025, AG Mortgage Investment Trust reported a stable financial performance, highlighted by a consistent book value and a 2% economic return on equity. Despite market volatility, the company remains well-positioned to capitalize on future opportunities through its disciplined approach to leverage and securitization.

Key financial metrics for the quarter include a book value of $10.65 per share, net income of $0.21 per diluted common share, and earnings available for distribution of $0.20 per diluted common share. The company declared a dividend of $0.20 per common share, marking a 5.3% increase from the previous quarter. The investment portfolio totaled $7.1 billion with a net interest margin of 0.7%, and the company maintained a GAAP leverage ratio of 12.4x.

AG Mortgage Investment Trust continues to focus on its core strategy, leveraging its vertically integrated mortgage originator, Arc Home, to enhance its market position. The company acknowledges the contributions of former board members Peter Linneman and Lisa G. Quateman, who did not stand for re-election.

Looking ahead, AG Mortgage Investment Trust’s management remains optimistic about the company’s ability to deliver consistent economic returns and seize future opportunities, supported by its strategic investments and financial stability.