AT

AG Mortgage Investment Trust

MITT
NYSEFinancials
$7.88
USD
+0.18(+2.41%)
At close: Apr 30, 20:00 UTC
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Open

$7.90

Prev. Close

$7.90

High

$7.90

Low

$7.87

Market Snapshot

Market Cap

$244.11M

P/E Ratio

8.9

EPS

1.22

Revenue

$87.55M

Why MITT moved

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About

TPG Mortgage Investment Trust, Inc. is a real estate investment trust, which focuses on investing, acquiring, and managing a diversified portfolio of residential mortgage assets, other real estate-related securities and financial assets. The company is headquartered in New York City, New York. The company went IPO on 2011-06-30. The firm focuses its investment activities primarily on acquiring and securitizing newly originated residential mortgage loans within the non-agency segment of the housing market. The firm obtains its assets through Arc Home, LLC, its residential mortgage loan originator, and through other third-party origination partners. Its investment portfolio (which excludes its ownership in Arc Home) includes residential investments and agency residential mortgage-backed securities (RMBS). Its residential investments primarily consist of newly originated non-agency loans, agency-eligible loans and home equity loans. The firm is externally managed and advised by AG REIT Management, LLC.

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