The earnings call highlighted significant successes in increasing book value, earnings distribution, and investment portfolio growth, with particular strength from Arc Home's contributions. However, challenges remain with legacy WMC CRE loans and dilution from Arc Home acquisition.
Company Guidance
During AG Mortgage Investment Trust's third quarter 2025 earnings call, several financial metrics and strategic initiatives were highlighted. The company's book value increased slightly from $10.39 to $10.46 per share, despite a 1.8% dilution from issuing approximately 2 million shares to acquire an additional 21.4% of Arc Home, bringing their ownership to 66%. The company's earnings available for distribution (EAD) rose to $0.23 per share, supported by a $0.03 contribution from Arc Home and the refinancing of high-cost legacy debt, which is expected to normalize to $0.04 to $0.05 per quarter. MITT also monetized nearly $66 million of equity from legacy assets to expand their investment portfolio by over 20%, acquiring $1.7 billion in residential mortgage loans. They executed four securitizations during the quarter, with leverage increasing modestly from 1.3 to 1.7 turns. The company reported a GAAP net income available to common shareholders of $14.6 million, or $0.47 per share, and a 2.7% economic return, including a $0.21 dividend per share. Total liquidity at quarter-end was approximately $104 million. Looking forward, AG Mortgage plans to redeploy $15 to $30 million of equity from call rights and anticipates further growth from Arc Home's profitability.
Increased Book Value
The company increased its book value from $10.39 to $10.46, despite a 1.8% dilution from the acquisition of Arc Home shares, and supported a $0.21 dividend.
Earnings Increase
Earnings available for distribution (EAD) increased to $0.23 per share from $0.18 in the previous quarter, driven by core investment portfolio performance.
Investment Portfolio Growth
The investment portfolio grew by over 20%, with $1.7 billion of residential mortgage loans acquired and four securitizations executed.
Arc Home Contribution
Arc Home contributed $0.03 per share to EAD, with record HELOC volumes and profitability growth.
AG Mortgage (MITT) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MITT Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 04, 2025
$7.15
$7.63
+6.71%
Aug 01, 2025
$7.35
$6.78
-7.76%
May 06, 2025
$6.28
$6.10
-2.87%
Mar 03, 2025
$6.97
$7.08
+1.58%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does AG Mortgage (MITT) report earnings?
AG Mortgage (MITT) is schdueled to report earning on Feb 19, 2026, After Close (Confirmed).
What is AG Mortgage (MITT) earnings time?
AG Mortgage (MITT) earnings time is at Feb 19, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.