How to Buy Ag Mortgage Investment Trust Stock
Ag Mortgage Investment Trust Inc
Ag Mortgage Investment Trust is a mortgage REIT company located in New York, United States, which is part of the Real Estate sector, and is traded under the ticker MITT on the NYSE exchange.
Ag Mortgage Investment Trust stock last closed at $6.10, down 2.87% from the previous day, and has increased 9.52% in one year. It has overperformed other stocks in the REIT - Mortgage industry by 0.23 percentage points. Ag Mortgage Investment Trust stock is currently +10.91% from its 52-week low of $5.50, and -23.25% from its 52-week high of $7.95.
There are currently 29.66M MITT shares outstanding. The market cap of MITT is $180.92M. In the past 24 hours, 172,394 MITT shares were traded.
How to Buy Ag Mortgage Investment Trust Stock
Wondering how to invest in Ag Mortgage Investment Trust stock? Here's how.
- Choose where to buy Ag Mortgage Investment Trust stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Ag Mortgage Investment Trust stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your method of payment and add your information.
- Evaluate Ag Mortgage Investment Trust stock: The Ag Mortgage Investment Trust ticker symbol is MITT. Is Ag Mortgage Investment Trust stock a good investment? Should you buy shares of MITT? How do MITT's underlying business fundamentals look? Do top analysts think Ag Mortgage Investment Trust is a good buy? Why has MITT's stock price moved recently? (Hint: Our stock research website can help you evaluate if MITT is a good stock to buy).
- Make your MITT buy order: Decide if you will purchase MITT shares at the current market price or use a limit order to purchase MITT stock at a specific price.
- Get key alerts regarding your MITT investment: Create a watchlist to keep tabs on your investment in Ag Mortgage Investment Trust stock.
Step 1: Choose where to buy Ag Mortgage Investment Trust stock
You need an online brokerage account to access the NYSE market and buy MITT shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal info so you are able to buy MITT today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start a new brokerage account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've created your account on apps for stocks, you can securely and quickly fund your account:
Watch the video below if you need help transferring money into your brokerage account.
Step 4: Evaluate Ag Mortgage Investment Trust stock
Once you have decided on the best place to buy Ag Mortgage Investment Trust stock, it's very important to analyze their stock before you invest, so you can wrap your head around the risk and upside.
Ag Mortgage Investment Trust stock quick numbers
Fundamentals of MITT
WallStreetZen was built to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on MITT's stock page.
Is MITT stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge MITT's true value.
Using relative valuations measures:
- MITT could be undervalued based on its P/E ratio of 4.96x, relative to REIT - Mortgage industry P/E ratio of 8.32x
- MITT may be undervalued based on its P/B ratio of 0.33x, relative to REIT - Mortgage industry P/B ratio of 0.68x
You can do more valuation research on MITT's stock here.
A look at MITT Cashflows and Balance Sheet
Positive Financial Indicators:
- MITT profit margin has gone up from 37.8% to 41.6% in the past year.
- MITT earnings of $55.74M is not sufficient to cover its interest payments.
Negative Financial Indicators:
- Total MITT debt is higher than 5 years ago, relative to shareholder equity.
- MITT's operating cash flow of $55.84M allows it to safely service it's debt of $6.33B.
- MITT has a relatively high debt to equity ratio of 11.72.
Is MITT stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Wall Street analysts who monitor MITT, the consensus analyst rating on MITT is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Ag Mortgage Investment Trust stock forecast page.
MITT Trading Indicators
How are MITT Revenues/Earnings doing?
Last year, MITT earnings were $36.38M. In the past five year, MITT's earnings have increased by -29.71% per year. This was slower than the REIT - Mortgage industry average of -21.7%.
Last year, MITT revenue was $87.55M. Over the past 5 year, MITT's revenue has grown by -6.21% per year. This was faster than the REIT - Mortgage industry average of -11.51%.
Find out more about MITT's earnings and revenue performance here.
Who is buying/selling MITT?
Over the last 12 months, executives and large shareholders at MITT have not bought or sold any shares.
Dig into more about who owns MITT shares here.
Can I rely on MITT as an income stream?
Ag Mortgage Investment Trust pays a dividend of 12.62%, compared to the REIT - Mortgage industry's average dividend yield of 11.67%. If you owned $1,000 of MITT stock, you would have been paid $126.23 in the past 12 months.
Ag Mortgage Investment Trust dividend payments have not consistently grown over the past decade and have not remained stable.
Get more analysis about Ag Mortgage Investment Trust dividend yield and history here.
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Step 5: Make your MITT buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, place a limit order.
Press the Open button and your broker will place the order.
If you want additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your MITT investment
Now that you own some MITT shares, you'll want to stay up-to-date on your stock purchase.
Create a watchlist to get the latest updates about your MITT stock.
MITT Feed
How to Buy Stock in Ag Mortgage Investment Trust
To reiterate, here are the 6 steps to buy stock in Ag Mortgage Investment Trust:
- Choose where to buy Ag Mortgage Investment Trust stock
- Create your brokerage account
- Deposit funds into your investment account
- Evaluate Ag Mortgage Investment Trust stock
- Make your MITT buy order
- Get key alerts regarding your MITT investment
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to monitor your investment in Ag Mortgage Investment Trust, add MITT to your watchlist by clicking the button below.
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