MITT

TPG Mortgage Investment Trust (MITT) retains a Buy rating as Q2 results improved the forward earnings outlook despite a thinner dividend cushion. Book value stabilized at $10.00, high-teen ROEs are emerging, and capital rotation from legacy WMC assets is progressing with quantified EAD upside. MITT trades at a 33% discount to book, with a reasonable-value target of $8 (0.80x book), offering a 12% yield at that level.

TPG Mortgage Investment Trust, which operates under the MITT name, reported second-quarter earnings available for distribution that covered its dividend and outlined plans to expand its residential mortgage strategy through a pending acquisition of Cherry Hill Mortgage Investment Corporation. AG Mortgage Investment Trust NYSE: MITT said the transaction is expected to close in the fourth quarter of 2026, subject to customary conditions.

TPG Mortgage Investment Trust, Inc. (MITT) Q2 2026 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the merger of TPG Mortgage Investment Trust, Inc. (NYSE: MITT) and Cherry Hill Mortgage Investment Corporation. Upon closing of the proposed transaction, TPG Mortgage shareholders are expected to own approximately 73% of the combined company. Halper Sadeh encourages TPG Mortgage shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge.

TPG Mortgage Investment Trust (MITT) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.18 per share a year ago.

NEW YORK--(BUSINESS WIRE)--TPG Mortgage Investment Trust, Inc. ("MITT," "we," the "Company," or "our") (NYSE: MITT) today reported financial results for the quarter ended June 30, 2026. MANAGEMENT REMARKS "Despite a challenging interest rate environment, our disciplined leverage profile, consistent capital rotation into highreturning residential credit strategies, and strong momentum at Arc Home produced EAD of $0.24 per share for the second quarter, fully covering our dividend while increasing.

NEW YORK--(BUSINESS WIRE)--TPG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release second quarter 2026 financial results prior to market open on Monday, August 10, 2026. The Company will host a conference call to discuss the results on Monday, August 10, 2026, at 8:30 a.m. Eastern Time. To participate in the call by telephone, please dial (800) 347-6865 at least five minutes prior to the start time. International callers should dial (203) 518-9757.

TPG Mortgage Investment Trust, Inc. preferreds face heightened risk, with Series A and B downgraded to Sell due to insufficient yield amid economic uncertainty. MITT's Series C preferred, MITT.PC, is maintained at Hold, offering a 90-100 bps yield advantage and floating rate protection, though call risk remains if rates decline. TPG's preferred dividend coverage ratio has deteriorated from 5.8x (2021) to 1.7x, and the TCE/PFD value ratio has weakened to 1.5x, highlighting rising risk.

TPG Mortgage Investment Trust (MITT) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

MITT, SVM and IART stand out as broker rating upgrades, earnings growth forecasts and screen criteria point to potential upside.