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MITT

Ag Mortgage Investment Trust Inc

$6.97

Earnings Summary

Revenue
$96.37Mn
Net Profits
$16.3Mn
Net Profit Margins
16.92%
PE Ratio
4.15

Highlights

Revenue:

Ag Mortgage Investment Trust Inc’s revenue jumped 349.23% since last year same period to $96.37Mn in the Q1 2024. On a quarterly growth basis, Ag Mortgage Investment Trust Inc has generated 24.01% jump in its revenue since last 3-months.

Net Profits:

Ag Mortgage Investment Trust Inc’s net profit jumped 30.02% since last year same period to $16.3Mn in the Q1 2024. On a quarterly growth basis, Ag Mortgage Investment Trust Inc has generated -53.88% fall in its net profits since last 3-months.

Net Profit Margins:

Ag Mortgage Investment Trust Inc’s net profit margin fell -71.06% since last year same period to 16.92% in the Q1 2024. On a quarterly growth basis, Ag Mortgage Investment Trust Inc has generated -62.81% fall in its net profit margins since last 3-months.

PE Ratio:

Ag Mortgage Investment Trust Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 4.15.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Ag Mortgage Investment Trust Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.24
EPS Estimate Current Year
0.24

Highlights

EPS Estimate Current Quarter:

Ag Mortgage Investment Trust Inc’s earning per share (EPS) estimates for the current quarter stand at 0.24 - a 50% jump from last quarter’s estimates.

EPS Estimate Current Year:

Ag Mortgage Investment Trust Inc’s earning per share (EPS) estimates for the current year stand at 0.24.

Key Ratios

Key ratios of the Ag Mortgage Investment Trust Inc post its Q1 2024 earnings

Earning Per Share (EPS)
0.55
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.11
Dividend Per Share (DPS)
0.18

Highlights

Earning Per Share (EPS):

Ag Mortgage Investment Trust Inc’s earning per share (EPS) jumped 44.74% since last year same period to 0.55 in the Q1 2024. This indicates that the Ag Mortgage Investment Trust Inc has generated 44.74% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ag Mortgage Investment Trust Inc’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ag Mortgage Investment Trust Inc’s return on equity (ROE) stands at 0.11.

Dividend Per Share (DPS):

Ag Mortgage Investment Trust Inc declared 0.18 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-07
0.16
0.55
243.75%