AG Mortgage Investment Trust Inc

Chart & Performance

D1W1MN

Profile

AG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio comprises residential investments, including non-qualifying mortgages loans, government-sponsored entity non-owner occupied loans, re/non-performing loans, land related financing, and agency residential mortgage-backed securities; and commercial investments. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2011 and is based in New York, New York.

URL

http://www.agmit.com/

IPO date

Jun 30, 2011

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	47,829 21,839.91%	218 -99.78%	99,796 -125.57%
Cost of revenue	19,350	25,390	20,171
Unusual Expense (Income)
NOPBT	28,479	(25,172)	79,625
NOPBT Margin	59.54%		79.79%
Operating Taxes		118,918	(31,889)
Tax Rate
NOPAT	28,479	(144,090)	111,514
Net income	53,784 -133.25%	(161,760) -255.26%	104,186 -124.75%
Dividends	(35,781)	(37,765)	(29,622)
Dividend yield	26.71%	31.07%	17.80%
Proceeds from repurchase of equity	(6,352)	(18,217)	89,579
BB yield	4.74%	14.99%	-53.83%
Debt
Debt current	692,549	621,187	1,777,743
Long-term debt	5,092,474	4,104,011	2,997,430
Deferred revenue		3,906,978	2,792,348
Other long-term liabilities		(3,869,418)	(2,776,958)
Net debt	5,610,680	4,454,730	4,100,601
Cash flow
Cash from operating activities	28,134	22,520	26,298
CAPEX
Cash from investing activities	(433,505)	(1,490,351)	(1,899,691)
Cash from financing activities	432,141	1,466,405	1,911,294
FCF	535,524	1,022,233	(2,193,713)
Balance
Cash	111,534	155,685	68,079
Long term investments	62,809	114,783	606,493
Excess cash	171,952	270,457	669,582
Stockholders' equity	(295,347)	3,931,730	3,021,020
Invested Capital	6,388,266	8,613,365	4,482,364
ROIC	0.38%		3.88%
ROCE	0.47%		1.55%
EV
Common stock shares outstanding	21,097	22,890	16,234
Price	6.35 19.59%	5.31 -48.20%	10.25 247.46%
Market cap	133,966 10.22%	121,546 -26.95%	166,398 380.86%
EV	5,965,118	8,581,484	7,164,200
EBITDA	28,479	(19,709)	85,707
EV/EBITDA	209.46		83.59
Interest	212,500	118,918	27,250
Interest/NOPBT	746.16%		34.22%