AG Mortgage IT Stock: A Deep Dive Into Analyst Perspectives (5 Ratings)

AG Mortgage IT MITT underwent analysis by 5 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 2 2 0 0
Last 30D 0 0 1 0 0
1M Ago 1 2 0 0 0
2M Ago 0 0 0 0 0
3M Ago 0 0 1 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $7.3, a high estimate of $8.00, and a low estimate of $7.00. Surpassing the previous average price target of $7.25, the current average has increased by 0.69%.

price target chart

Interpreting Analyst Ratings: A Closer Look

A clear picture of AG Mortgage IT's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Bose George Keefe, Bruyette & Woods Raises Market Perform $7.50 $7.00
Jason Weaver JonesTrading Maintains Buy $8.00 $8.00
Trevor Cranston JMP Securities Maintains Market Outperform $7.00 -
Trevor Cranston JMP Securities Maintains Market Outperform $7.00 -
Bose George Keefe, Bruyette & Woods Raises Market Perform $7.00 $6.75

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to AG Mortgage IT. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of AG Mortgage IT compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for AG Mortgage IT's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into AG Mortgage IT's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on AG Mortgage IT analyst ratings.

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Unveiling the Story Behind AG Mortgage IT

AG Mortgage Investment Trust Inc is a real estate investment trust (REIT). It focuses on investing in a diversified risk-adjusted portfolio of residential mortgage-related assets in the U.S. mortgage market. Its objective is to provide attractive risk-adjusted returns to its stockholders over the long-term through dividends and capital appreciation. It also focuses on investing in residential mortgage-backed securities (RMBS) issued or guaranteed by a government sponsored enterprise.

AG Mortgage IT: Delving into Financials

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Positive Revenue Trend: Examining AG Mortgage IT's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 95.79% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Financials sector.

Net Margin: AG Mortgage IT's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 65.99%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 5.2%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): AG Mortgage IT's ROA stands out, surpassing industry averages. With an impressive ROA of 0.26%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: With a high debt-to-equity ratio of 18.26, AG Mortgage IT faces challenges in effectively managing its debt levels, indicating potential financial strain.

The Basics of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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