Zacks Investment Research·Jun 23, 2026
Bet on These 3 Stocks as Broker Rating Upgrades Signal UpsideMITT, SVM and IART stand out as broker rating upgrades, earnings growth forecasts and screen criteria point to potential upside.
TPG Mortgage Investment Trust Inc(MITT)Earnings, Financials & Key Ratios
MITT•NYSE•REIT / Real Estate
$7.71
8.6× P/E·Price updated Jul 7, 2026
AboutAG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio comprises residential investments, including non-qualifying mortgages loans, government-sponsored entity non-owner occupied loans, re/non-performing loans, land related financing, and agency residential mortgage-backed securities; and commercial investments. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2011 and is based in New York, New York.Show more
- Revenue$473M+14.4%
- FFO$72M+28.5%
- FFO/Share2.31+22.1%
- FFO Payout34.15%+5.9%
- FFO per Share2.31+22.1%
- NOI Margin94.73%-0.2%
- FFO Margin15.15%+12.3%
- ROE8.82%-15.2%
- ROA0.62%-27.1%
MITT Price & Volume
TPG Mortgage Investment Trust Inc (MITT) stock price & volume — 10-year historical chart
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Earnings Volatility Challenges TPG Mortgage Investment Sustainability
Investment Thesis • Updated 2026Q1
VerdictNegative: The firm's dividend payout ratio of 1.51 and elevated debt-to-equity ratio of 14.14 suggest that current shareholder distributions are not supported by recurring cash flow
Growth:Mixed
Profitability:Strained
Financial:Vulnerable
Cash Flow:Deteriorating
Primary Risk:Excessive leverage and liquidity
Key Thesis Takeaways
- TPG Mortgage Investment Trust faces significant fundamental headwinds as its transition toward non-QM securitizations and land-related financing assets creates extreme earnings sensitivity.
- While revenue grew 20.9% year-over-year in 2026Q1, the firm's reliance on high-cost repo leverage and inconsistent FFO generation complicates long-term dividend safety.
- Investors should remain cautious as the current 14.14 debt-to-equity ratio and dividend payout ratio of 1.51 suggest substantial pressure on the firm's capital structure and liquidity position.
Verdict Logic
posing a material risk to capital preservation.
MITT Growth Metrics
TPG Mortgage Investment Trust Inc (MITT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years14.78%
5 Years-
3 Years22.56%
TTM16.14%
Profit CAGR
10 Years13.42%
5 Years-
3 Years-
TTM-27.4%
EPS CAGR
10 Years40.51%
5 Years-
3 Years-
TTM-54.53%
Return on Capital
10 Years0.71%
5 Years5.6%
3 Years6.07%
Last Year6.53%
MITT Recent Earnings
TPG Mortgage Investment Trust Inc (MITT) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
Apr 29, 2026Metric
Actual
Est
EPS
$0.26+4.0%
$0.25
Rev
$21M-6.1%
$22M
Q1 2026
Feb 17, 2026Metric
Actual
Est
EPS
$0.25+2.8%
$0.24
Rev
$22M-2.9%
$23M
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$0.23+0.0%
$0.23
Rev
$26M+13.9%
$23M
Q3 2025
Aug 1, 2025Metric
Actual
Est
EPS
$0.18-21.7%
$0.23
Rev
$15M-24.1%
$20M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $0.26vs $0.25+4.0% | $21Mvs $22M-6.1% |
| Q1 2026 | Feb 17, 2026 | $0.25vs $0.24+2.8% | $22Mvs $23M-2.9% |
| Q4 2025 | Nov 4, 2025 | $0.23vs $0.23+0.0% | $26Mvs $23M+13.9% |
| Q3 2025 | Aug 1, 2025 | $0.18vs $0.23-21.7% | $15Mvs $20M-24.1% |
Based on last 12 quarters of dataView full earnings history →
Latest MITT News
Recent stock market news and headlines for TPG Mortgage Investment Trust Inc (MITT)
Seeking Alpha·Jun 21, 2026
TPG Mortgage Investment Trust: A Covered 12% Yield, But Still A Mortgage REITTPG Mortgage Investment Trust is rated a speculative Buy, offering a 12% dividend yield and trading at a 20% discount to book value. MITT's dividend is currently covered, but with a narrow cushion; payout ratio stands at 96.74%, reflecting elevated risk. Management's strategy emphasizes higher-returning non-agency and home-equity loans, with Arc Home contributing origination growth and diversified earnings.
Seeking Alpha·Jun 19, 2026
TPG Mortgage Investment Trust: A High-Yield REIT Reflecting Neutral Market SignalsFor my initial rating of TPG Mortgage Investment Trust (MITT), I call it a hold. Key strengths include portfolio diversity and growth, certain margin recovery signs, a yield near 12%, and a focus on residential. Key concerns were the payout ratio, tight interest margins, and a high D/E compared to similar peers.
Zacks Investment Research·Jun 18, 2026
3 mREIT Stocks to Bet On Amid Challenging Industry TrendsWhile the volatile mortgage market is likely to hurt the Zacks REIT and Equity Trust industry, companies like EFC, RWT and MITT are poised to navigate the challenges.
Business Wire·Jun 16, 2026
TPG Mortgage Investment Trust, Inc. Announces Second Quarter 2026 Common Dividend of $0.24 per ShareNEW YORK--(BUSINESS WIRE)--TPG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that its Board of Directors declared a dividend of $0.24 per common share for the second quarter 2026. The dividend is payable on July 31, 2026, to shareholders of record at the close of business on June 30, 2026. About TPG Mortgage Investment Trust, Inc. TPG Mortgage Investment Trust, Inc. is a residential mortgage REIT with a focus on investing in a diversified risk-adjusted portfolio o.
Peers Comparison
Key metrics vs top competitors for TPG Mortgage Investment Trust Inc (MITT)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $7.71 | $244.68M | 8.57 | 14.4% | 10.3% | 8.82% | 10.21% | |
| $9.36 | $955.6M | 5.57 | 213.02% | 20.7% | 7.43% | — | |
| $1.44 | $69M | -1.24 | 187.77% | -30.49% | -7.1% | — | |
| $4.75 | $192.85M | 3.89 | 36.55% | -19.55% | -3.39% | — | |
| $0.92 | $43.96M | 23.38 | -18.16% | -1.5% | -0.39% | — | |
| $17.15 | $2.89B | 26.80 | -13.96% | 6.75% | 2.93% | — |
Compare MITT vs Peers
TPG Mortgage Investment Trust Inc (MITT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MITT SEC Filings & Documents
TPG Mortgage Investment Trust Inc (MITT) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Apr 29, 2026·SEC
Material company update
Feb 17, 2026·SEC
Material company update
Dec 16, 2025·SEC
10-K Annual Reports
310-Q Quarterly Reports
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MITT Frequently Asked Questions
TPG Mortgage Investment Trust Inc (MITT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is TPG Mortgage Investment Trust Inc's revenue?
TPG Mortgage Investment Trust Inc (MITT) reported $492.9M in revenue for fiscal year 2025. This represents a 2188% increase from $21.5M in 2011.
How fast is TPG Mortgage Investment Trust Inc growing?
TPG Mortgage Investment Trust Inc (MITT) grew revenue by 14.4% over the past year. This is steady growth.
Is MITT profitable?
Yes, TPG Mortgage Investment Trust Inc (MITT) is profitable, generating $33.6M in net income for fiscal year 2025 (10.3% net margin).
Dividend & Returns
Does MITT pay dividends?
Yes, TPG Mortgage Investment Trust Inc (MITT) pays a dividend with a yield of 10.21%. This makes it attractive for income-focused investors.
What is MITT's return on equity?
TPG Mortgage Investment Trust Inc (MITT) has a return on equity (ROE) of 8.8%. This is below average, suggesting room for improvement.
Industry Metrics
What is TPG Mortgage Investment Trust Inc's FFO?
TPG Mortgage Investment Trust Inc (MITT) generated Funds From Operations (FFO) of $71.7M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Is MITT a good dividend stock?
TPG Mortgage Investment Trust Inc (MITT) offers a 10.21% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.