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TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN)

NYSE Real Estate REIT - Mortgage
$25.24 ▼ -0.22%
Market Cap
$802.7M
Sector
Real Estate
Industry
REIT - Mortgage
Beta
0.07
52-Wk Range
24.552-26
CEO
Thomas J. Durkin
Country
US
Currency
USD

TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 operates in the REIT - Mortgage industry of the Real Estate sector, headquartered in New York, NY, US. The stock last traded at $25.24, down 0.22% on the session, giving a market capitalisation of $802.7M. On trailing twelve-month figures it carries a trailing P/E of 56.09, a net margin of 6.0%. Its beta of 0.07 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
56.09
Price / Sales
1.61
Price / Book
1.45
EV / EBITDA
2.24
Gross margin
72.7%
Operating margin
88.4%
Net margin
6.0%
Return on equity
Debt / equity
0.18
Current ratio
0.64
Dividend yield
9.4%
Payout ratio
105.3%
Company profile
Exchange
New York Stock Exchange
Employees
100
IPO date
2024-02-06
Headquarters
New York, NY, US
About TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029

TPG Mortgage Investment Trust Inc (MITN), a real estate investment trust, specializes in the procurement, oversight, and strategic deployment of capital across a varied spectrum of residential mortgage-backed assets, associated real estate securities, and other financial instruments. The firm structures its operations through two principal divisions: 'Securities and Loans' and 'Single-Family Rental Properties'. Its diversified investment holdings include Agency Residential Mortgage-Backed Securities (RMBS), a range of residential and commercial property investments, and Asset-Backed Securities (ABS). The company, which was established on March 1, 2011, maintains its corporate base in New York, NY.

Comparable companies

TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 is most often compared with the following Real Estate names:

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