TPG Mortgage Investment Trust Inc (MITT) Stock Analysis & Investment Frameworks
TPG Mortgage Investment Trust Inc (MITT) stock analysis on Invetso. Review TPG Mortgage Investment Trust Inc’s key financial metrics, company overview and 10 institutional-grade investment frameworks including SWOT Analysis, Economic Moat, Porter’s Five Forces and the Invetso Quality Score.
TPG Mortgage Investment Trust Inc Company Overview
- Exchange: New York Stock Exchange
- Sector: Real Estate
- Industry: REIT - Mortgage
- Country: US
TPG Mortgage Investment Trust Inc Key Financial Metrics
- Market Cap: $147.57M
- Revenue: $472.69M
- P/E Ratio: 3.03
- ROE: 2.48%
- ROIC: 4.02%
- Dividend Yield: 20.47%
About TPG Mortgage Investment Trust Inc
TPG Mortgage Investment Trust Inc (MITT) operates as a U.S.-based real estate investment trust (REIT) primarily concentrated on residential mortgages. Its diverse portfolio includes various residential assets such as non-conforming mortgage loans, non-owner occupied loans backed by government-sponsored entities, both re-performing and non-performing loans, land development financing, and agency residential mortgage-backed securities. The company also maintains a portion of its investments in commercial properties. MITT is structured as a REIT for federal income tax purposes, which typically allows it to bypass federal corporate income taxes if it disperses at least 90% of its taxable earnings to its shareholders. The firm was established in 2011 and is headquartered in New York City.