TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029
MITN
New York Stock Exchange25.32
USD
+0.05
- -
CIK
0001514281
ISIN
US0012286003
CUSIP
001228600
Return %
Stock
S&P500
1Y
0.46
26.84
3Y
1.26
77.03
5Y
1.26
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Thomas J. Durkin
- Sector
- Real Estate
- Industry
- REIT - Mortgage
- Address
- 245 Park Avenue, 26th Floor New York NY United States of America 10167
- IPO Date
- Feb 6, 2024
- CIK
- 0001514281
- Website
- mitt.tpg.com
- Similar Companies
- Business
- AG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust focused on investing in, acquiring, and managing a diversified, risk-adjusted portfolio of residential mortgage-related assets in the United States mortgage market; its core investment activities center on acquiring and securitizing newly originated residential mortgage loans in the non-agency segment, including non-agency loans, agency-eligible loans, home equity loans, and other residential mortgage loan types, alongside agency residential mortgage-backed securities. The company sources assets primarily through its ownership interest in Arc Home, LLC, a residential mortgage loan originator, and third-party origination partners; it maintains an investment portfolio valued at $8.8 billion as of September 30, 2025, financed by $8.4 billion in non-recourse and recourse arrangements, targeting attractive risk-adjusted returns to stockholders via dividends and capital appreciation. Founded in 2011 and headquartered at 245 Park Avenue, 26th Floor, New York, New York, the company is externally managed and advised by AG REIT Management, LLC, a subsidiary of Angelo Gordon & Co., L.P., within TPG; it serves the U.S. housing market with operations concentrated domestically. In recent developments, AG Mortgage Investment Trust increased its ownership in Arc Home to 66.0% from 44.6% on August 1, 2025, by acquiring an additional 21.4% interest from TPG Angelo Gordon-managed funds for $15.9 million via issuance of 2,027,676 restricted common shares, enhancing earnings accretion potential through Arc Home's scaling non-agency platform, record lock volumes, and expanded product offerings; the company also refinanced high-cost structured repo debt from a prior acquisition into market terms, sponsored a $647 million home equity securitization, and executed multiple securitizations of agency-eligible and home equity loans during 2025, bolstering its $10.46 book value per share and 2.7% quarterly economic return on equity as of September 30, 2025.
TPG Mortgage Investment Trust, Inc. (MITT) Q1 2026 Earnings Call Transcript