The earnings call highlighted several strategic advancements, such as dividend increases, strategic acquisitions, and refinancing benefits, which position the company for longer-term growth. However, the quarter was marked by some financial setbacks including a decline in book value and earnings, driven by market volatility and specific loan challenges. While there are promising developments, the immediate financial impact creates a balanced view of the company's performance.
Company Guidance
During the second quarter of 2025, AG Mortgage Investment Trust (MITT) reported a modest book value decline of 2.4%, moving from $10.65 to $10.39, while maintaining stability in economic return with a slight negative of 0.5%. The company increased its common dividend by 5% to $0.21 per share and achieved an economic return on equity that was roughly breakeven despite market challenges. MITT completed two securitizations and closed two residential mortgage warehouse facilities, reducing cost of capital by over 500 basis points and generating approximately $40 million additional cash for redeployment. The investment portfolio grew by 2.3% to $7.3 billion, and the economic leverage ratio remained low at 1.3 turns. Additionally, MITT acquired an additional 21.4% of Arc Home, increasing its ownership to 66% with minimal dilution of 2% to June 30 book value, and expects meaningful earnings accretion from this transaction in 2026.
Dividend Increase
Increased common dividend by 5% or $0.01 per share.
Strategic Acquisition
Acquired an additional 21.4% of Arc Home, increasing ownership to 66%, with minimal dilution of 2% to June 30 book value.
Refinancing Benefits
Refinanced high-cost inefficient debt, reducing cost of capital by over 500 basis points and generating $40 million additional cash.
Securitization Activity
Completed two securitizations during the quarter, including a joint venture with a leading HELOC originator.
Economic Leverage
Maintained a low economic leverage ratio, ending the quarter at 1.3 turns.
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
Aug 01, 2025
$7.56
$6.97
-7.80%
May 06, 2025
$6.45
$6.28
-2.64%
Mar 03, 2025
$7.17
$7.29
+1.67%
Nov 05, 2024
$6.57
$6.38
-2.89%
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 Nov 11, 2025, After Close (Confirmed).
What is AG Mortgage (MITT) earnings time?
AG Mortgage (MITT) earnings time is at Nov 11, 2025, 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.