1. Real Estate

  2. •

    REIT - Mortgage
MTGE Investment Corp.

MTGE Investment Corp.

MTGE
MTGE Investment Corp.US flagNASDAQ
19.80
USD
- -
- -
MTGE Investment Corp.
MTGE
(NASDAQ)

Recent

price

19.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
TTM
FRC
- -
4.39
- -
0.9
0.99
0.59
0.59
0.69
Revenue per Share
- -
8.9
-1.59
3.06
-0.88
0.85
3.42
1.35
Basic EPS, GAAP
- -
4.21
4.23
2.57
2.41
1.9
2.12
1.92
Free Cash Flow per Basic Share
- -
2.93
3.16
2.64
2.23
1.71
1.85
2
Dividend per Share
- -
5.46
-1.87
-1.48
-4.27
-5.28
-3.73
-5.07
Book Value per Share
- -
32.94
20.81
20.11
17.48
18.05
20.67
19.33
Tangible Book Value per Share
- -
28
53
51
49
46
46
46
Basic Weighted Avg Shares
- -
123
- -
46
49
27
27
32
Sales/Revenue/Turnover
- -
88.12
- -
-88.45
-87.53
-149.08
-75.33
-53.34
Operating Margin (%)
- -
- -
- -
- -
- -
1
7
9
Depreciation Expense
- -
250
-84
159
-38
44
161
67
Net Income, GAAP
- -
0.47
- -
0.15
- -
- -
- -
- -
Effective Tax Rate (%)
- -
202.82
- -
347
-78.86
159.57
592.71
209.57
Profit Margin (%)
135
583
873
369
451
110
976
1,001
Working Capital
1,706
6,246
- -
- -
443
340
186
202
LT Debt
209
926
1,103
1,176
991
933
1,006
945
Total Equity
- -
2.26
- -
-3.56
- -
- -
- -
- -
Return on Invested Capital (%)
- -
6.34
- -
-308.58
- -
- -
- -
136.32
Return on Capital (%)
- -
306.37
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'17
Mar'18
Jun'18
ST Debt
- -
- -
- -
LT Borrowings
186
202
202
LT Finance Leases
- -
825
- -
Preferred Equity and Hybrid Capital
53
53
53
Shares Outstanding
46
46
46
Market Capitalization
788
784
881

Working Capital

FRC

•

in mil. unless spec.
Dec'17
Mar'18
Jun'18
Total Current Assets
1,043
1,046
1,074
Cash, Cash Equivalents & STI
124
123
124
Accounts Receivable, Net
843
2
1
Inventories
- -
- -
- -
Total Current Liabilities
66
127
73
Payables & Accruals
62
127
73
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
2.4%
7.78%
Free Cash Flow
- -
4.53%
11.07%
Net Income, GAAP
- -
-98.14%
269.45%
Sales/Revenue/Turnover
- -
- -
-0.54%
Total Cash Common Dividend
- -
8.1%
8.32%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
10
5
6
6
27
2017
6
6
8
8
27
2018
8
8
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
-0.48
0.85
1.48
-0.99
0.85
2017
0.82
0.91
1.06
0.63
3.42
2018
-0.49
0.15
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
0.43
0.42
0.42
0.42
1.71
2017
0.42
0.47
0.47
0.47
1.85
2018
0.52
0.52
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Business
MTGE Investment Corp. operates as a hybrid mortgage real estate investment trust that primarily invests in and manages a leveraged portfolio of agency mortgage-backed securities, non-agency mortgage investments, and other real estate-related assets, including skilled nursing and senior living facilities operated by third parties. The company generates income from interest earned or lease payments received on its investment assets, net of associated borrowing and hedging costs, as well as net realized gains and losses on its investments and hedging activities; it employs an active portfolio management philosophy aimed at preserving net asset value across various market scenarios. Founded in 2011 and headquartered in Bethesda, Maryland, MTGE targets stockholders seeking attractive risk-adjusted returns through quarterly dividends and net asset value accretion, with operations focused on the United States mortgage and real estate markets. The company was externally managed by a subsidiary of AGNC Investment Corp. prior to its acquisition. In September 2018, Annaly Capital Management, Inc. completed the acquisition of all outstanding shares of MTGE in a cash-and-stock transaction valued at $900 million, enhancing Annaly's scale in agency mortgage-backed securities and integrating MTGE's portfolio into its broader operations; no significant changes, such as new product launches, funding rounds, or strategic shifts, have been reported for MTGE since the acquisition.