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TPG Mortgage Investment Trust Inc logo

TPG Mortgage Investment Trust Inc

MITT

NYSEReal EstateREIT - Mortgage

Open in GoAI

Previous close

$6.71

$0.00 · 0.00%

Aug 21, 4:00 PM ET

MITT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

85

Deep Value

Momentum

36

Weakening

Sentiment

69

Bullish

Risk resilience

61

Moderate Risk

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AI-generated, informational only, and not investment advice.

Company profile

Company website

TPG Mortgage Investment Trust Inc (MITT) operates as a U.S.-based real estate investment trust (REIT) primarily concentrated on residential mortgages. Its diverse portfolio includes various residential assets such as non-conforming mortgage loans, non-owner occupied loans backed by government-sponsored entities, both re-performing and non-performing loans, land development financing, and agency residential mortgage-backed securities. The company also maintains a portion of its investments in commercial properties. MITT is structured as a REIT for federal income tax purposes, which typically allows it to bypass federal corporate income taxes if it disperses at least 90% of its taxable earnings to its shareholders. The firm was established in 2011 and is headquartered in New York City.

Industry
REIT - Mortgage
Sector
Real Estate
Headquarters
US
CEO
Thomas J. Durkin
Listed since
Jun 30, 2011
Employees
0

Market position

Day range

Current $6.71

52-week range

Current $6.71

Open
$6.72
Previous close
$6.71
Volume
205.27K
0.98× average
Average volume
209.44K
Average daily volume
Market cap
213.4M USD
Beta
1.71
Market reference 1
50-day average
$7.4094
-9.44% below average
200-day average
$7.9255
-15.34% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
8.29B USD
P/E (TTM)
9.07×
P/B (TTM)
0.39×
P/S (TTM)
0.44×
EV / EBITDA
17.4×
Earnings yield
18.40%
Free cash flow yield
22.52%
Dividend yield
13.71%

Profitability & efficiency

Gross margin
73.48%
Operating margin
76.18%
Net margin
9.02%
Return on equity
8.68%
Return on assets
0.56%
Return on invested capital
5.16%

Financial health

Debt / equity
13.45×
Current ratio
0.09×
Altman Z-score
0.14
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends176%105%33%-39%Gross margin, FY2021: 79.84%Gross margin, FY2022: 93.26%Gross margin, FY2023: 93.62%Gross margin, FY2024: 94.90%Gross margin, FY2025: 94.73%Operating margin, FY2021: 158.26%Operating margin, FY2022: 36.04%Operating margin, FY2023: 90.48%Operating margin, FY2024: 96.44%Operating margin, FY2025: 96.86%Net margin, FY2021: 154.30%Net margin, FY2022: -20.68%Net margin, FY2023: 19.58%Net margin, FY2024: 13.49%Net margin, FY2025: 10.30%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 79.84%. Gross margin FY2022 93.26%. Gross margin FY2023 93.62%. Gross margin FY2024 94.90%. Gross margin FY2025 94.73%. Operating margin FY2021 158.26%. Operating margin FY2022 36.04%. Operating margin FY2023 90.48%. Operating margin FY2024 96.44%. Operating margin FY2025 96.86%. Net margin FY2021 154.30%. Net margin FY2022 -20.68%. Net margin FY2023 19.58%. Net margin FY2024 13.49%. Net margin FY2025 10.30%.

Income trends

Revenue

472.69M USD+14.40%

Operating income

457.84M USD+14.90%

Net income

48.67M USD-12.68%
Income trends across reported periods525.27M USD314.96M USD104.64M USD−105.68M USDRevenue, FY2021: 67.52M USDRevenue, FY2022: 256.77M USDRevenue, FY2023: 274.71M USDRevenue, FY2024: 413.19M USDRevenue, FY2025: 472.69M USDOperating income, FY2021: 106.86M USDOperating income, FY2022: 92.55M USDOperating income, FY2023: 248.56M USDOperating income, FY2024: 398.48M USDOperating income, FY2025: 457.84M USDNet income, FY2021: 104.19M USDNet income, FY2022: −53.1M USDNet income, FY2023: 53.78M USDNet income, FY2024: 55.74M USDNet income, FY2025: 48.67M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 67.52M USD. Revenue FY2022 256.77M USD. Revenue FY2023 274.71M USD. Revenue FY2024 413.19M USD. Revenue FY2025 472.69M USD. Operating income FY2021 106.86M USD. Operating income FY2022 92.55M USD. Operating income FY2023 248.56M USD. Operating income FY2024 398.48M USD. Operating income FY2025 457.84M USD. Net income FY2021 104.19M USD. Net income FY2022 −53.1M USD. Net income FY2023 53.78M USD. Net income FY2024 55.74M USD. Net income FY2025 48.67M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue472.69M USD413.19M USD274.71M USD256.77M USD67.52M USD
Cost of goods sold24.89M USD21.06M USD17.52M USD17.29M USD13.61M USD
Gross profit447.8M USD392.14M USD257.19M USD239.48M USD53.91M USD
Selling, general, and administrative2.14M USD7.53M USD7.71M USD8.1M USD6.81M USD
Operating expenses−10.03M USD−6.34M USD8.63M USD146.93M USD−52.95M USD
Interest income480.33M USD408.5M USD260.33M USD180.3M USD70.66M USD
Interest expense403.8M USD342.6M USD212.5M USD118.92M USD27.25M USD
Depreciation and amortization22.97M USD——5.46M USD6.08M USD
Operating income457.84M USD398.48M USD248.56M USD92.55M USD106.86M USD
Net income48.67M USD55.74M USD53.78M USD−53.1M USD104.19M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 6 misses, 1 met estimate
Average EPS surprise
-2.05%
11 comparable reports
Latest EPS result
0.24
Estimate 0.27 · Miss by 10.68%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.310.260.20.15Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25MetQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 3, 2025: actual 0.18, estimate 0.19, surprise -5.26%, Miss. Q2 2025, reported May 6, 2025: actual 0.2, estimate 0.24, surprise -16.67%, Miss. Q3 2025, reported Aug 1, 2025: actual 0.18, estimate 0.23, surprise -21.74%, Miss. Q4 2025, reported Nov 4, 2025: actual 0.23, estimate 0.23, surprise 0.00%, Met estimate. Q1 2026, reported Feb 17, 2026: actual 0.25, estimate 0.243, surprise +2.80%, Beat. Q2 2026, reported Apr 29, 2026: actual 0.26, estimate 0.25, surprise +4.00%, Beat. Q3 2026, reported Aug 10, 2026: actual 0.24, estimate 0.269, surprise -10.68%, Miss. Q4 2026, reported Nov 3, 2026: actual —, estimate 0.26, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates27.44M22.95M18.47M13.98MQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 3, 2025: actual 18.99M USD, estimate 19.78M USD, surprise -3.96%, Miss. Q2 2025, reported May 6, 2025: actual 17.29M USD, estimate 19.41M USD, surprise -10.91%, Miss. Q3 2025, reported Aug 1, 2025: actual 15.04M USD, estimate 19.8M USD, surprise -24.05%, Miss. Q4 2025, reported Nov 4, 2025: actual 26.38M USD, estimate 23.16M USD, surprise +13.91%, Beat. Q1 2026, reported Feb 17, 2026: actual 22.5M USD, estimate 23.16M USD, surprise -2.88%, Miss. Q2 2026, reported Apr 29, 2026: actual 20.64M USD, estimate 21.97M USD, surprise -6.06%, Miss. Q3 2026, reported Aug 10, 2026: actual 21.62M USD, estimate 26.13M USD, surprise -17.24%, Miss. Q4 2026, reported Nov 3, 2026: actual —, estimate 22.64M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$9.25

37.85% upside
Past 12 months12-month forecastHigh $9.50Average $9.25Low $9.00

Rating distribution

18 ratings
Strong buy00%
Buy1267%
Hold528%
Sell16%
Strong sell00%

Recent analyst actions

8 institutions
BTIGupgradeNeutralBuy
CitizensmaintainMarket Outperform
JonesTradingmaintainBuy

MITT news

247wallst.com

3 High Yield Mortgage REITs Running Very Different Playbooks

Mortgage REITs get lumped into a single bucket by income investors chasing double-digit yields, but the three names below run entirely different books.

Read source
gurufocus.com

Are MITT, ARX, HHS, FULC Obtaining Fair Deals for their Shareholders?

Are MITT, ARX, HHS, FULC Obtaining Fair Deals for their Shareholders? PR Newswire NEW YORK, Aug. 17, 2026

Read source
prnewswire.com

Are MITT, ARX, HHS, FULC Obtaining Fair Deals for their Shareholders?

/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws

Read source
defenseworld.net

AG Mortgage Investment Trust, Inc. (NYSE:MITT) Receives $8.93 Consensus Price Target from Analysts

AG Mortgage Investment Trust, Inc. (NYSE: MITT - Get Free Report) has been assigned an average rating of "Moderate Buy" from the nine brokerages that are currently covering the company, MarketBeat.com reports. Three…

Read source
seekingalpha.com

TPG Mortgage Investment Trust: The Forward Earnings Case Is Getting Stronger

TPG Mortgage Investment Trust (MITT) retains a Buy rating as Q2 results improved the forward earnings outlook despite a thinner dividend cushion. Book value stabilized at $10.00, high-teen ROEs are emerging, and capital…

Read source
gurufocus.com

Cherry Hill Mortgage Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Cherry Hill Mortgage Investment Corporation - CHMI

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of [url="]Kahn Swick and Foti[/url], LLC (“KSF”) are investigating the propos

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.85

2025 complete year+4.9% since 2021

2026 partial: $0.48

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 30, 2026

$0.24

Quarterly

Record Jun 30, 2026 · Payment Jul 31, 2026

Dividend

Ex-dividend Mar 31, 2026

$0.24

Quarterly

Record Mar 31, 2026 · Payment Apr 30, 2026

Dividend

Ex-dividend Dec 31, 2025

$0.23

Quarterly

Record Dec 31, 2025 · Payment Jan 30, 2026

Dividend

Ex-dividend Sep 30, 2025

$0.21

Quarterly

Record Sep 30, 2025 · Payment Oct 31, 2025

Dividend

Ex-dividend Jun 30, 2025

$0.21

Quarterly

Record Jun 30, 2025 · Payment Jul 31, 2025

Dividend

Ex-dividend Mar 31, 2025

$0.20

Quarterly

Record Mar 31, 2025 · Payment Apr 30, 2025

MITT peers

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DLR

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Public Storage logo

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$322.49

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ETFs holding MITT

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
6.47M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
5.04M
Weight
0.01%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
2.5M
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Mortgage Real Estate ETF logoiShares Mortgage Real Estate ETFREM
Market value
2.48M
Weight
0.46%
AUM
544.56M USD
Expense ratio
0.48%
Price / 1D
$22.02-0.23%
iShares Russell 2000 Value ETF logoiShares Russell 2000 Value ETFIWN
Market value
1.84M
Weight
0.01%
AUM
14.66B USD
Expense ratio
0.24%
Price / 1D
$224.81+0.45%
Hoya Capital High Dividend Yield ETF logoHoya Capital High Dividend Yield ETFRIET
Market value
1.18M
Weight
1.07%
AUM
108.6M USD
Expense ratio
0.50%
Price / 1D
$9.48-0.42%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
1.17M
Weight
0.01%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%
iShares Micro-Cap ETF logoiShares Micro-Cap ETFIWC
Market value
691.04K
Weight
0.05%
AUM
1.53B USD
Expense ratio
0.60%
Price / 1D
$198.39+1.10%

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