TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITP)
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 City, NY, US. The stock last traded at $25.32, down 0.39% on the session, giving a market capitalisation of $223.9M. On trailing twelve-month figures it carries a trailing P/E of 8.26, a net margin of 9.0%. Its beta of 1.73 implies it has historically moved more than the broad market.
TPG Mortgage Investment Trust Inc functions as a Real Estate Investment Trust (REIT). The company's primary objective is to acquire, manage, and invest in a broad portfolio of what it terms 'target assets,' which include residential mortgage assets, other real estate-related securities, and various financial instruments. A significant portion of its investments also targets residential mortgage-backed securities (RMBS) that are either issued or guaranteed by a government-sponsored enterprise (GSE).
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 is most often compared with the following Real Estate names: