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MITT

7.26000 USD
0.16
2.16%
Last update Jun 13, 3:59 PM EDT
Market closed
Day range
7.25
7.43000
Previous close
7.42000
Open
7.38000
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AG Mortgage Investment Trust Inc.
7.26
0.16
2.16%

Overview

Description

AG Mortgage Investment Trust Inc. is a real estate investment trust (REIT) primarily engaged in the business of investing in residential mortgage-backed securities (RMBS) and other related investment assets. The primary purpose of AG Mortgage is to provide income generation for its investors by leveraging its portfolio composed of both agency RMBS - those guaranteed by government-sponsored enterprises like Fannie Mae and Freddie Mac - and non-agency RMBS which do not carry such guarantees. AG Mortgage Investment Trust Inc. plays a significant role in the financial market by channeling capital into the residential real estate sector, thereby supporting mortgage availability and housing market stability. The company focuses on acquiring assets that offer attractive risk-adjusted returns. Through active portfolio management and strategic acquisitions, AG Mortgage seeks to optimize its financial performance. The firm particularly impacts the real estate and financial sectors, catering to investors seeking exposure to real estate-backed income streams. By operating as a REIT, AG Mortgage is compelled to distribute a substantial portion of its earnings as dividends, making it appealing to income-focused investors.

About

CEO
Mr. Thomas Durkin
Employees
0
Address
245 Park Avenue
26th Floor
New York, 10167, NY
United States
Phone
212 692 2000
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Mortgage
Country
United States
MIC code
XNYS
Market closed

Exchange is currently closed
Pre-market opens in 1 hour 8 minutes

02:51
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).