Welcome to our dedicated page for TPG Mortgage Investment Trust news (Ticker: MITT), a resource for investors and traders seeking the latest updates and insights on TPG Mortgage Investment Trust stock.
TPG Mortgage Investment Trust, Inc. (NYSE: MITT), formerly known as AG Mortgage Investment Trust, Inc., is a residential mortgage REIT focused on a diversified risk-adjusted portfolio of residential mortgage-related assets in the U.S. mortgage market. The company is externally managed by AG REIT Management, LLC, a subsidiary of Angelo, Gordon & Co., L.P. (TPG Angelo Gordon), a diversified credit and real estate investing platform within TPG.
The MITT news feed highlights company announcements that matter to income-focused and mortgage market investors. Regular press releases cover quarterly financial results, including book value per share, economic return on equity, leverage metrics, liquidity, and contributions from its investment in Arc Home, a licensed residential mortgage originator in which the company holds an equity interest. These earnings updates are often accompanied by detailed presentations and conference calls for stockholders and analysts.
Dividend activity is a recurring theme in MITT’s news. The company frequently announces quarterly common stock dividends and has reported percentage increases in its common dividend per share over successive quarters. It also declares quarterly cash dividends on its Series A, Series B, and Series C preferred stock, providing additional information for investors tracking income from preferred securities.
News items also include information about strategic developments, such as the acquisition of additional ownership in Arc Home and the company’s rebranding from AG Mortgage Investment Trust, Inc. to TPG Mortgage Investment Trust, Inc., with the ticker MITT remaining unchanged. For readers following residential mortgage REITs, this page offers a centralized view of MITT’s earnings releases, dividend declarations, capital actions, and branding updates, along with details about scheduled earnings calls and replay availability.
AG Mortgage Investment Trust, Inc. (NYSE: MITT) will release its first quarter 2022 financial results before the market opens on May 6, 2022. A conference call will follow at 8:30 a.m. Eastern Time on the same day to discuss these results. Participants can access the call by dialing 1 (866) 374-5140 for domestic calls or 1 (404) 400-0571 for international callers. A replay will be available from May 9 to June 5, 2022. The company focuses on investing in a diversified portfolio of residential mortgage-related assets in the U.S. market.
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AG Mortgage Investment Trust, Inc. (NYSE: MITT) has declared a dividend of $0.21 per common share for Q1 2022. This dividend will be payable on April 29, 2022 to shareholders on record as of the close of business on March 31, 2022. The company focuses on investing in a diversified portfolio of residential mortgage-related assets in the U.S. mortgage market and is externally managed by AG REIT Management, LLC, a subsidiary of Angelo, Gordon & Co., which manages approximately $51 billion in assets.
AG Mortgage Investment Trust (MITT) reported financial results for Q4 and full year 2021, highlighting a book value per share growth to $14.64 from $12.40 in 2020. The adjusted book value also rose to $14.32 from $11.81, marking a 21% increase year-over-year. Key achievements included executing five Non-QM securitizations and raising $80 million through a public offering. Despite these gains, the Q4 economic return on equity dipped to -11.7%, with net income per diluted share at $0.33 and a core loss of $(0.05).
AG Mortgage Investment Trust, Inc. (NYSE: MITT) will release its fourth quarter 2021 financial results on February 24, 2022, before market open. A conference call to discuss the results will take place on the same day at 8:30 a.m. ET. Participants can join the call by dialing 1 (888) 424-8151, with international callers using 1 (847) 585-4422. An accompanying presentation will be available on the company’s website. An audio replay will be accessible from February 25 to March 26, 2022.
AG Mortgage Investment Trust, Inc. (NYSE: MITT) announced the tax treatment of its 2021 common and preferred stock dividends. This announcement aims to assist stockholders with tax reporting requirements for their taxable income. Important details include dividend amounts and classifications for tax purposes following a reverse stock split completed on July 22, 2021. Stockholders should refer to their tax documents for verification and may consult tax advisors for personalized guidance.
AG Mortgage Investment Trust, Inc. (NYSE: MITT) has declared a $0.21 dividend per common share for the fourth quarter of 2021. This dividend is payable on January 31, 2022, to shareholders on record as of December 31, 2021. The company focuses on investing in a diversified portfolio of residential investments and Agency RMBS, and is externally managed by AG REIT Management, LLC, a subsidiary of Angelo Gordon & Co., which manages approximately $48 billion in assets.
AG Mortgage Investment Trust, Inc. (NYSE: MITT) has announced a public offering of 7,000,000 shares at $10.25 per share, generating gross proceeds of approximately $71.8 million. The offering includes a 30-day option for underwriters to purchase an additional 1,050,000 shares. The proceeds will primarily fund the acquisition of four non-agency residential mortgage loan pools valued at $530.7 million. Key participants like AG REIT Management, LLC will purchase 700,000 shares, and CEO David N. Roberts will acquire 200,000 shares.
AG Mortgage Investment Trust, Inc. (NYSE: MITT) has launched a public offering of 7 million shares, with an option for underwriters to buy an additional 1.05 million shares. The Manager will purchase 700,000 shares, while CEO David N. Roberts will acquire 200,000 shares. The offering aims to raise approximately $50.6 million to acquire four non-agency residential mortgage loan pools worth around $530.7 million. The offering is underpinned by the Company's effective shelf registration statement with the SEC.
AG Mortgage Investment Trust (MITT) reported a strong Q3 2021 with a 12% increase in adjusted book value per share, now at $16.45. The company's investment portfolio rose to $2.2 billion, up from $2.0 billion in Q2. Notably, the quarterly economic return reached 13.2%, a significant rise from 4.6% previously. The liquidity position improved to $143.6 million, highlighting effective management post-exit from legacy commercial investments. The company also declared a $0.21 dividend and showed strong performance in non-agency loan purchases.