Stock Taper
AG Mortgage Investment Trust, Inc. is a New York-based REIT investing in residential and commercial mortgage assets, qualifying for favorable tax treatment by distributing at least 90% of taxable income.

AG Mortgage Investment Trust, Inc. is a REIT that invests in diversified mortgage assets, including RMBS, CMBS, and direct loans, aiming to deliver attractive risk-adjusted returns through dividends and capital appreciation.
In a significant strategic move, AG Mortgage Investment Trust, Inc. announced its rebranding to TPG Mortgage Investment Trust, Inc., reflecting a deeper alignment with TPG's global investment platform. The name change was accompanied by a 9.5% increase in the quarterly common stock dividend to $0.23 per share, signaling confidence in the company's earnings power and future growth.
AG Mortgage Investment Trust, Inc. acquired an additional 21.4% interest in residential mortgage originator Arc Home, increasing its total ownership to 66.0%. This transaction is a key part of MITT's strategy to become a vertically integrated residential mortgage platform and is anticipated to significantly contribute to future earnings.
Overall rating: C-
| PEER | PRICE | |
|---|---|---|
MITN | $25.11 | COMPARE |
NREF | $15.29 | COMPARE |
REFI | $9.71 | COMPARE |
ACRE | $3.65 | COMPARE |
AOMR | $7.21 | COMPARE |
SRG | $1.68 | COMPARE |
ACR | $10.31 | COMPARE |
WHLR | $0.72 | COMPARE |