TPG Mortgage Investment Trust (MITT) Stock Overview
Operates as a residential mortgage real estate investment trust in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
MITT Community Fair Values
Create NarrativeSee what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
TPG Mortgage Investment Trust, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$6.76 |
| 52 Week High | US$9.27 |
| 52 Week Low | US$5.93 |
| Beta | 1.71 |
| 1 Month Change | -11.52% |
| 3 Month Change | -9.14% |
| 1 Year Change | -7.14% |
| 3 Year Change | 9.74% |
| 5 Year Change | -34.75% |
| Change since IPO | -88.53% |
Recent News & Updates
Recent updates
Seeking Alpha • Aug 13
TPG Mortgage Investment Trust: The Forward Earnings Case Is Getting Stronger
Summary 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 rotation from legacy WMC assets is progressing with quantified EAD upside. MITT trades at a 33% discount to book, with a reasonable-value target of $8 (0.80x book), offering a 12% yield at that level. Cherry Hill acquisition adds diversification and potential EAD accretion, but leverage and execution risks remain; future dividend coverage prospects are stronger. Read the full article on Seeking Alpha
Narrative Update • Jun 15
MITT: Higher Dividend And Reset Earnings Assumptions Will Support Future Upside
Analysts have trimmed their price target on TPG Mortgage Investment Trust by $0.10 to $9.40, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E, in line with recent sector research moves such as the $0.50 target reduction at AG Mortgage. What's in the News Recent analyst research has adjusted the price target on TPG Mortgage Investment Trust to $9.40.
Narrative Update • Jun 01
MITT: Rising Dividend And Stronger Margins Will Support Future Returns
Analysts have nudged their price target on TPG Mortgage Investment Trust to $10.25, reflecting updated views on revenue, profit margins, the discount rate and future P/E multiples that are aligned with recent sector research. What's in the News The Board of Directors declared a first quarter 2026 dividend of US$0.24 per common share for TPG Mortgage Investment Trust.
Narrative Update • May 03
MITT: Dividend Increase Will Support Constructive View On Earnings Power
Narrative Update Analysts have lifted their price target on TPG Mortgage Investment Trust by $1, to $9, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and forward P/E that reflect a more constructive view of the earnings power of the portfolio. Analyst Commentary Recent Street research around peers in the mortgage REIT space highlights that not all analysts are leaning in the same direction.Narrative Update • Apr 17
MITT: Higher Dividend And Stable Earnings Power Will Drive Future Upside
Narrative update on TPG Mortgage Investment Trust Analysts have adjusted the price target for TPG Mortgage Investment Trust to $9, a $0.50 change. This reflects updated views on revenue growth, profit margins and future P/E assumptions that are broadly in line with recent mortgage REIT research.Narrative Update • Apr 03
MITT: Higher Dividend And Earnings Multiple Will Support Future Upside
Analysts have trimmed the TPG Mortgage Investment Trust price target by $0.25 to $9.50 as updated assumptions reflect higher projected revenue growth, a lower profit margin, and a slightly higher future P/E. Analyst Commentary Recent Street research on mortgage REIT peers offers some context for how analysts may be thinking about TPG Mortgage Investment Trust, especially around earnings quality, P/E expectations, and price targets.Narrative Update • Mar 19
MITT: Higher Dividend And Cleaner Earnings Profile Will Support Future Returns
Analysts have reaffirmed their price target on TPG Mortgage Investment Trust at $10.25, reflecting updated assumptions around discount rate, revenue growth, profit margin, and future P/E for the stock. Analyst Commentary Bullish analysts looking across the mortgage REIT space have been highlighting positive moves in price targets and sentiment that can inform how you think about TPG Mortgage Investment Trust's current valuation and execution risk.Narrative Update • Mar 05
MITT: Higher Fair Value And Dividend Outlook Will Support Future Upside
Analysts have nudged their fair value estimate for TPG Mortgage Investment Trust up to $9.75 from $9.50, citing updated views on revenue growth, profit margins, and future P/E assumptions. Analyst Commentary Recent Street research on peers in the mortgage REIT space highlights the themes that bullish and cautious analysts are weighing as they think about fair value, earnings power, and risk for names like TPG Mortgage Investment Trust.Narrative Update • Feb 19
MITT: Revised Discount Rate And Margin Outlook Will Support Future Upside Potential
Narrative Update: TPG Mortgage Investment Trust Analysts have lifted their price target for TPG Mortgage Investment Trust by $0.10 to $9.50, citing updated assumptions that include a slightly lower discount rate, a higher fair value estimate, a revised revenue growth outlook, and a modestly stronger profit margin and future P/E profile. Analyst Commentary Bullish analysts are using the recent earnings assumptions for TPG Mortgage Investment Trust as a reference point alongside sector peers, where some mortgage REITs have seen price targets nudged higher after beating earnings expectations.Narrative Update • Feb 05
MITT: Higher Discount Rate And Dividend Policy Will Shape Near-Term Risk Balance
Analysts have lifted their price target on TPG Mortgage Investment Trust from US$8.50 to US$9.40, citing updated assumptions that reflect a slightly higher discount rate, modestly stronger revenue growth and profit margin expectations, and a small adjustment to the forward P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target as consistent with updated assumptions on revenue and margins, which they believe better align the shares with the revised earnings profile.Narrative Update • Jan 22
MITT: Higher Dividend Will Support Bullish Outlook On Future Returns
Analysts have nudged their price target for TPG Mortgage Investment Trust up from US$10.00 to US$10.25, citing refined assumptions around fair value, expected revenue levels and profit margins, alongside a steady discount rate and future P/E outlook. What's in the News AG Mortgage Investment Trust, Inc.Narrative Update • Jan 07
MITT: Higher Dividend And Name Change Will Support Bullish Outlook
Analysts have nudged their price target for TPG Mortgage Investment Trust to US$10.00 from US$10.00, reflecting slightly adjusted assumptions for revenue growth, profit margin and future P/E, while keeping fair value and the discount rate unchanged. What's in the News Effective December 26, 2025, AG Mortgage Investment Trust, Inc.Narrative Update • Dec 22
MITT: Dividend Increase And Name Change Will Shape Balanced Outlook
Analysts have raised their price target on TPG Mortgage Investment Trust from 9.00 dollars to 10.00 dollars, citing faster anticipated revenue growth, improving profit margins, and a slightly lower expected future price-to-earnings multiple despite a higher discount rate. What's in the News AG Mortgage Investment Trust, Inc.
New Narrative • Sep 26
Decisive Moves Aim To Boost Margins, But Analysts Warn Of Shrinking Profits And Valuation Pressures
Strategic mergers and asset monetization aim to improve financial structure, lower debt costs, and shift towards higher-yielding investments for better net margins.Seeking Alpha • Feb 14
AG Mortgage Investment Trust Preferred Stock Update: 2 Rated Hold, 1 Rated Buy
Summary MITT is a residential mortgage real estate investment trust with a focus on investing in residential mortgage-related assets. The financials of MITT are not strong, which could be a concern. This article briefly reviews the Issuer and then in more detail the three preferred stocks MITT offers to investors. Preferreds A & B get a Hold rating. The C has an attractive YTC and if not Called, the potential for a 12% coupon when it floats later in 2024. Read the full article on Seeking AlphaSeeking Alpha • Sep 11
AG Mortgage Investment: Income Name On Sale
Summary AG Mortgage Investment Trust stock has been in rally mode recently while other mREITs have struggled. AG Mortgage Investment Trust has reported positive income metrics and covered its dividend, indicating stability. The stock is trading at a massive discount, balancing the risk-reward here. Read the full article on Seeking AlphaSeeking Alpha • May 26
AG Mortgage: Good Signs Are Popping Up, But Still Not Enough
Summary AG Mortgage Investment Trust management expects increased earnings power and potential growth opportunities for the rest of the year, despite the challenges that marked the beginning of the year. MITT's book value per share decreased from $14.64 in 2021 compared to $11.39 in 2022. However, in Q1 2023, it increased from $11.39 to $11.85. The reverse stock split rarely helps companies, MITT was no different. The price has plummeted since its mid-2021 reverse stock split. Read the full article on Seeking AlphaSeeking Alpha • Feb 22
AG Mortgage Investment Trust Q4 2022 Earnings Preview
AG Mortgage Investment Trust (NYSE:MITT) is scheduled to announce Q4 earnings results on Thursday, February 23rd, before market open. The consensus EPS Estimate is $0.06 (+220.0% Y/Y) and the consensus Revenue Estimate is $17.13M (-26.0% Y/Y). Over the last 2 years, MITT has beaten EPS estimates 63% of the time and has beaten revenue estimates 75% of the time. Over the last 3 months, EPS estimates have seen 0 upward revisions and 1 downward. Revenue estimates have seen 1 upward revision and 0 downward.Shareholder Returns
| MITT | US Mortgage REITs | US Market | |
|---|---|---|---|
| 7D | 7.0% | 0.7% | 0.6% |
| 1Y | -7.1% | -3.6% | 20.1% |
Return vs Industry: MITT underperformed the US Mortgage REITs industry which returned -3.6% over the past year.
Return vs Market: MITT underperformed the US Market which returned 20.1% over the past year.
Price Volatility
| MITT volatility | |
|---|---|
| MITT Average Weekly Movement | 4.7% |
| Mortgage REITs Industry Average Movement | 4.0% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in US Market | 16.3% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: MITT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: MITT's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | n/a | Thomas Durkin | www.mitt.tpg.com |
TPG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio comprises residential investments, such as non-agency loans, agency-eligible loans, home equity loans, re-and non-performing loans, and non-agency residential mortgage-backed securities, as well as commercial loans and commercial mortgage-backed securities. The company qualifies as a real estate investment trust for federal income tax purposes.
TPG Mortgage Investment Trust, Inc. Fundamentals Summary
| MITT fundamental statistics | |
|---|---|
| Market cap | US$214.99m |
| Earnings (TTM) | US$23.01m |
| Revenue (TTM) | US$81.90m |
9.3x
P/E Ratio2.6x
P/S RatioIs MITT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MITT income statement (TTM) | |
|---|---|
| Revenue | US$81.90m |
| Cost of Revenue | US$9.99m |
| Gross Profit | US$71.90m |
| Other Expenses | US$48.90m |
| Earnings | US$23.01m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.72 |
| Gross Margin | 87.80% |
| Net Profit Margin | 28.09% |
| Debt/Equity Ratio | 1,344.9% |
How did MITT perform over the long term?
See historical performance and comparisonDividends
14.2%
Current Dividend Yield126%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/17 18:11 |
| End of Day Share Price | 2026/08/14 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
TPG Mortgage Investment Trust, Inc. is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kenneth Bruce | BofA Global Research |
| Douglas Harter | BTIG |
| Trevor Cranston | Citizens JMP Securities, LLC |