YOLFTbeta
TPG Mortgage Investment Trust, Inc.

TPG Mortgage Investment Trust, Inc.

MITT · NYSE · Real Estate / REIT - Mortgage

4.25USD+0.07 (+1.67%)

Price History

Full chart

Market Stats

Previous Close4.18
Open4.17
Day Range4.06 – 4.26
52-Week Range4.44 – 8.35
Volume550.80K
Market Cap158.70M
P/E (TTM)7.45
Forward P/E6.08
EPS0.67
Dividend Yield17.39%
Beta1.82
50-Day Avg6.00
200-Day Avg7.32

About

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. It generally would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders. TPG Mortgage Investment Trust, Inc. was formerly known as AG Mortgage Investment Trust, Inc. and changed its name to TPG Mortgage Investment Trust, Inc. in December 2025. The company was incorporated in 2011 and is based in New York, New York. TPG Mortgage Investment Trust, Inc. operates as a subsidiary of TPG Inc.

Company Details

  • SectorReal Estate
  • IndustryREIT - Mortgage
  • CEOMr. Thomas J. Durkin
  • Employees0
  • Headquarters245 Park Avenue, New York, NY, United States, 10167, USA
  • Websitehttps://www.mitt.tpg.com

Leadership

  • Mr. Thomas J. DurkinPresident, CEO, Head of Structured Credit & Specialty Finance and Director · b. 1983
  • Mr. Anthony W. RossielloCFO, Treasurer & Principal Accounting Officer · b. 1988
  • Mr. Nicholas SmithChief Investment Officer & Director · b. 1981
  • Ms. Jenny B. NeslinGeneral Counsel & Secretary · b. 1983
  • Karen WerbelInvestor Relations
  • Mr. Andrew ParksChief Risk Officer · b. 1972
  • Ms. Emily FlynnController

Financials

Income Statement

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue21.55M148.94M13.10M129.67M34.41M84.08M128.54M127.41M119.04M-390.36M99.80M256.77M274.71M413.19M472.69M
Growth (%)-+591.26%-91.20%+889.52%-73.46%+144.32%+52.88%-0.88%-6.57%-427.93%+125.57%+157.29%+6.99%+50.41%+14.40%
Cost of Revenue2.36M5.44M10.69M11.87M12.36M10.29M10.97M9.98M18.64M404.87M13.36M17.29M17.52M21.05M24.89M
Gross Profit21.55M143.50M2.42M117.79M22.06M73.79M117.57M117.43M100.40M-795.22M86.44M239.48M257.19M392.14M447.80M
Gross Margin100.00%96.35%18.43%90.84%64.09%87.76%91.47%92.17%84.34%203.72%86.62%93.26%93.62%94.90%94.73%
Operating Expense2.58M-6.45M33.22M-18.02M-22.99M-23.68M-44.71M121.60M7.48M-374.30M-17.75M146.93M8.63M-6.34M-10.03M
Operating Income18.97M149.95M-30.80M135.81M45.05M97.47M162.28M-4.17M92.92M-420.92M104.19M92.55M248.56M398.48M457.84M
Operating Margin88.05%100.68%-235.05%104.74%130.91%115.93%126.25%-3.28%78.06%107.83%104.40%36.04%90.48%96.44%96.86%
EBITDA20.67M149.95M38.19M135.81M45.05M97.47M162.28M76.34M92.92M-426.13M136.07M71.28M266.28M398.45M476.32M
EBITDA Margin95.92%100.68%291.45%104.74%130.91%115.93%126.25%59.92%78.06%109.16%136.35%27.76%96.93%96.43%100.77%
Net Income18.97M134.94M-31.58M109.40M13.82M63.68M118.56M1.57M92.92M-420.92M104.19M-53.10M53.78M55.74M48.67M
Net Income Margin88.05%90.60%-240.98%84.37%40.16%75.74%92.24%1.23%78.06%107.83%104.40%-20.68%19.58%13.49%10.30%
R&D000000.50.920.090.612.321.070.170.2--
R&D as % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-0.00%0.00%0.00%0.00%--
Interest Expense1.70M15.01M25.55M26.50M31.23M33.79M43.72M70.50M90.11M36.95M27.25M118.92M212.50M342.60M403.80M
Interest Expense % of Total Revenue7.87%10.08%195.00%20.43%90.75%40.18%34.02%55.34%75.70%-9.46%27.31%46.31%77.36%82.92%85.42%

Balance Sheet

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.39B4.86B3.68B3.46B3.16B2.63B3.79B3.55B4.35B1.40B3.36B4.37B6.13B6.91B8.71B
Total Liabilities1.19B4.06B2.98B2.73B2.50B1.97B3.08B2.89B3.50B990.34M2.78B3.91B5.60B6.37B8.15B
Total Equity206.28M794.62M704.43M732.68M666.94M655.88M714.26M656.01M849.05M409.70M585.77M462.80M528.37M543.42M560.73M
Cash35.85M158.72M86.19M64.36M46.25M52.47M15.20M31.58M81.69M47.93M68.08M84.62M111.53M118.66M76.32M
Total Debt1.15B3.91B2.89B2.70B2.46B1.90B3.00B2.83B3.57B982.34M4.55B3.88B5.56B6.33B8.10B
Net Debt-35.85M3.75B2.81B-24.59M380.69M-30.98M1.28M2.80B3.38B370.37M2.71B3.80B5.45B6.21B8.02B

Cash Flow

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow15.41M114.81M130.81M93.84M87.06M66.92M79.48M78.03M65.24M4.16M26.30M22.52M28.13M55.84M59.57M
Investing Cash Flow-1.36B-3.46B908.82M326.58M314.10M540.65M-1.17B161.04M-746.96M2.19B-1.90B-1.49B-433.50M-713.13M-1.67B
Financing Cash Flow1.38B3.46B-1.10B-442.24M-419.27M-601.35M1.05B-207.53M722.70M-2.26B1.91B1.47B432.14M670.29M1.55B
Capital Expenditure000730.15K140.85M140.85M3.40M25.16M0000000
Free Cash Flow15.41M114.81M130.81M93.11M87.06M66.92M76.08M52.87M65.24M4.16M26.30M22.52M28.13M55.84M59.57M
Dividends Paid4.00M50.29M93.70M81.57M81.61M66.78M69.20M68.72M77.58M35.28M29.62M37.77M35.78M37.19M45.73M
FCF to OCF100.00%100.00%100.00%99.22%100.00%100.00%95.72%67.75%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF25.98%43.80%71.63%87.61%93.75%99.78%90.96%129.98%118.92%848.97%112.64%167.70%127.18%66.60%76.77%

Earnings

Report DateAug 12, 2011Nov 14, 2011Mar 1, 2012May 8, 2012Aug 7, 2012Nov 7, 2012Mar 5, 2013May 6, 2013Aug 7, 2013Nov 5, 2013Feb 26, 2014May 6, 2014Aug 5, 2014Nov 4, 2014Feb 26, 2015May 6, 2015Aug 5, 2015Nov 4, 2015Feb 25, 2016May 5, 2016Aug 4, 2016Nov 3, 2016Feb 28, 2017May 3, 2017Aug 8, 2017Oct 31, 2017Feb 27, 2018May 2, 2018Aug 6, 2018Nov 7, 2018Feb 26, 2019May 2, 2019Aug 5, 2019Nov 4, 2019Feb 27, 2020Jun 12, 2020Aug 10, 2020Nov 6, 2020Feb 19, 2021May 6, 2021Jul 30, 2021Nov 5, 2021Feb 24, 2022May 6, 2022Aug 3, 2022Nov 4, 2022Feb 23, 2023May 5, 2023Aug 7, 2023Nov 7, 2023Feb 22, 2024May 3, 2024Aug 2, 2024Nov 5, 2024Feb 20, 2025May 6, 2025Aug 1, 2025Nov 4, 2025Feb 19, 2026Apr 29, 2026Aug 10, 2026Nov 3, 2026Nov 4, 2026
EPS Estimate-0.011.432.192.012.242.442.632.512.421.671.441.611.801.811.841.921.871.831.521.541.381.351.411.341.301.421.501.461.551.531.561.511.381.291.310.890.120.740.120.450.240.130.170.170.120.160.150.110.080.110.150.150.200.210.200.210.230.200.240.250.260.260.26
EPS Actual-0.011.901.742.132.583.092.552.252.491.352.011.861.801.891.951.891.951.381.651.201.291.501.711.231.411.531.501.771.651.771.411.411.081.201.561.020.090.783.480.240.700.960.33-0.020.08-0.030.330.030.080.100.030.210.210.170.180.200.180.230.250.260.24-0.21
Surprise0.00%32.87%-20.55%5.97%15.18%26.64%-3.04%-10.36%2.89%-19.16%39.58%15.53%0.00%4.42%5.98%-1.56%4.28%-24.59%8.55%-22.08%-6.52%11.11%21.28%-8.21%8.46%7.75%0.00%21.23%6.45%15.69%-9.62%-6.62%-21.74%-6.98%19.08%14.61%-25.00%5.41%2800.00%-46.67%191.67%638.46%94.12%-111.76%-33.33%-118.75%120.00%-72.73%0.00%-9.09%-80.00%40.00%5.00%-19.05%-9.14%-4.76%-21.74%15.00%4.78%4.00%-7.69%--19.23%
TimingAfter-hoursPre-market-Pre-marketPre-marketAfter-hoursAfter-hours-Pre-marketPre-market-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap158.70M
Enterprise Value7.51B
Trailing P/E7.45
Forward P/E6.08
PEG Ratio-6.53
Price / Sales2.91
Price / Book0.54
EPS0.67
Book Value9.51
Revenue (TTM)54.55M
Gross Profit (TTM)44.40M
Profit Margin24.68%
Operating Margin-76.61%
Return on Equity2.49%
Return on Assets0.16%
Shares Outstanding31.80M
Shares Float30.72M
Beta1.82
Dividend Yield17.39%
Dividend Rate0.96
Payout Ratio98.96%

Analyst Ratings

Buy
Based on 6 analystsTarget 8.58
  • Strong Buy
    3
  • Buy
    2
  • Hold
    1

Ownership Breakdown

Institutions
41.62%
Insiders
3.64%
Retail / Other
54.74%

Top Institutional Holders

  • BlackRock Inc
    2.62M8.23%
  • Vanguard Capital Management, LLC
    1.32M4.14%
  • Geode Capital Management, LLC
    802.21K2.52%
  • The Goldman Sachs Group Inc
    695.47K2.19%
  • State Street Corp
    633.26K1.99%
  • Prudential Financial Inc
    511.53K1.61%
  • Qube Research & Technologies
    410.21K1.29%
  • LSV Asset Management
    319.39K1.00%
  • UBS Group AG
    289.26K0.91%
  • TPG GP A, LLC
    288.29K0.91%
  • Arrowstreet Capital Limited Partnership
    280.31K0.88%
  • Northern Trust Corp
    256.26K0.81%
  • Renaissance Technologies Corp
    229.95K0.72%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    928.62K2.92%
  • iShares Russell 2000 ETF
    746.48K2.35%
  • iShares Mortgage Real Estate Capped ETF
    473.46K1.49%
  • Fidelity Small Cap Index
    334.85K1.05%
  • iShares Russell 2000 Value ETF
    274.78K0.86%
  • Goldman Sachs Small Cp Val Insghts Instl
    256.03K0.81%
  • PGIM Quant Solutions Small-Cap Val Z
    239.90K0.75%

Dividends

20262×
0.24Jun 30, 20260.24Mar 31, 2026
20254×
0.23Dec 31, 20250.21Sep 30, 20250.21Jun 30, 20250.20Mar 31, 2025
20244×
0.19Dec 31, 20240.19Sep 30, 20240.19Jun 28, 20240.18Mar 27, 2024
20236×
0.05Dec 28, 20230.05Nov 29, 20230.08Nov 2, 20230.18Sep 28, 20230.18Jun 29, 20230.18Mar 30, 2023
20224×
0.18Dec 29, 20220.21Sep 29, 20220.21Jun 29, 20220.21Mar 30, 2022
20214×
0.21Dec 30, 20210.21Sep 29, 20210.21Jun 29, 20210.18Mar 31, 2021

Stock Splits

  • Jul 23, 20211:3