Andrew Parks - AG Mortgage Chief Risk Officer

MITT Stock  USD 6.83  0.02  0.29%   

Executive

Mr. Andrew Parks is the Chief Risk Officer of the Company. Mr. Parks Before joining Angelo Gordon, Mr. Parks was associated with Morgan Stanley where he served as an Executive Director overseeing the risk management group for the ultra high net worth division in the U.S. and Latin America. Prior to joining Morgan Stanley, Mr. Parks worked as a corporate attorney at Cravath, Swaine Moore LLP in New York in the areas of mergers and acquisitions, debt and equity capital markets, secured corporate credit and real estate acquisitionfinance since 2011.
Age 52
Tenure 13 years
Address 245 Park Avenue, New York, NY, United States, 10167
Phone212 692 2000
Webhttps://www.agmit.com
Parks holds a B.A. degree from Tulane University and a J.D. degree from The University of Texas School of Law. He has served as an executive officer of the Company since 2011.

AG Mortgage Management Efficiency

The company has return on total asset (ROA) of 0.013 % which means that it generated a profit of $0.013 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1551 %, meaning that it created $0.1551 on every $100 dollars invested by stockholders. AG Mortgage's management efficiency ratios could be used to measure how well AG Mortgage manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.01 in 2024. Return On Capital Employed is likely to gain to 0.01 in 2024. At this time, AG Mortgage's Total Current Liabilities is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 5.1 B in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 3.9 B in 2024.
AG Mortgage Investment currently holds 5.56 B in liabilities with Debt to Equity (D/E) ratio of 7.06, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. AG Mortgage Investment has a current ratio of 3.92, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about AG Mortgage's use of debt, we should always consider it together with its cash and equity.

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AG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. The company was incorporated in 2011 and is based in New York, New York. Ag Mortgage operates under REITMortgage classification in the United States and is traded on New York Stock Exchange. AG Mortgage Investment (MITT) is traded on New York Stock Exchange in USA. It is located in 245 Park Avenue, New York, NY, United States, 10167 and employs 14 people. AG Mortgage is listed under Mortgage Real Estate Investment Trusts (REITs) category by Fama And French industry classification.

Management Performance

AG Mortgage Investment Leadership Team

Elected by the shareholders, the AG Mortgage's board of directors comprises two types of representatives: AG Mortgage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MITT. The board's role is to monitor AG Mortgage's management team and ensure that shareholders' interests are well served. AG Mortgage's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AG Mortgage's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Roberts, Chairman of the Board, President, Chief Executive Officer
Anthony Rossiello, Chief Financial Officer, Principal Accounting Officer, Controller
Emily Boldt, Controller
T Durkin, Chief Investment Officer
Andrew Parks, Chief Risk Officer
Jenny Neslin, General Counsel, Company Secretary
Karen Werbel, Investor Relations
Debra Hess, Independent Director
Thomas Durkin, CEO President
Peter Linneman, Independent Director
Nicholas Smith, Chief Investment Officer
Joseph LaManna, Lead Independent Director
Christopher Moore, Acting General Counsel and Secretary
Dianne Hurley, Independent Director

MITT Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is AG Mortgage a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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Additional Tools for MITT Stock Analysis

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