AG Mortgage Investment Trust (MITT) Tops Q1 EPS by 87c

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Go back to AG Mortgage Investment Trust (MITT) Tops Q1 EPS by 87c

AG Mortgage Investment Trust, Inc. Reports First Quarter 2021 Results

May 6, 2021 6:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- AG Mortgage Investment Trust, Inc. ("MITT," "we," the "Company" or "our") (NYSE: MITT) today reported financial results for the quarter ended March 31, 2021.

Q1 2021 PERFORMANCE AND HIGHLIGHTS

Financial Performance

$4.92 Book Value per share and $4.76 Adjusted Book Value per share as of March 31, 2021, as compared to $4.13 and $3.94 as of December 31, 2020, respectively(1)(2) Adjusted Book Value subtracts the full liquidation preference of our preferred stock from total equity, which does not reflect underwriting discounts and offering expenses incurred at issuance... More