• $93.8M
    Market Cap
  • 23.35%
    1-Year Change
  • REIT - Mortgage
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 54
  • True Yield: N/A
  • Financial Health Score: N/A
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MITT (MITT) Q2 2026 Earnings Call Transcript

TPG Mortgage Investment Trust (MITT) reported Q2 2026 earnings with book value of $10.00 per share and EAD of $0.24 per share, fully covering its dividend. The company announced a definitive agreement to acquire Cherry Hill Mortgage Investment Corporation, expected to increase market capitalization by 36% and create a $750 million equity capital base. Management projects $7-9 million in annual cost synergies and approximately $0.20 in incremental annual EAD per share from resolving legacy commercial loans. The company continues to focus on home equity and non-agency residential mortgage strategies, with plans for over $1.25 billion in securitizations in Q3.

08/10/2026, 10:08 PM • The Motley Fool

Peers

Statistics

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Day Range
$2.51
$2.58
$2.56
1-Year Range
$2.18
$2.97
$2.56
Latest Close$2.56
Change
+$0.02 (+0.78%)
Volume91,246
Market Cap$93.8M
Shares Outstanding36.9M
P/E (TTM)5.59
Diluted EPS (TTM)$0.45
Enterprise Value$323.1M

Information as of 10/23/2026

Company Profile

CHERRY HILL MORTGAGE INVESTMENT CORP
https://www.chmireit.com
$93.8M
Market Cap
$16.6M
Net Income
Sector: Real Estate
Industry: REIT - Mortgage
4000 Route 66, Tinton Falls, NJ, United States, 07753
877 870 7005

Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. It operates in two segments, Investments in Residential Mortgage-Backed Securities and Investments in Servicing Related Assets. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders. Cherry Hill Mortgage Investment Corporation was incorporated in 2012 and is based in Tinton Falls, New Jersey.

Key Executives

  • Jeffrey Lown
  • Julian Evans
  • Susan Healey
  • Apeksha Patel
  • Raymond Slater

Current Ownership Distribution

  • Institutions93.8M (70.16%)
  • Mutual Funds38.5M (28.84%)
  • Insiders1.3M (1.00%)
  • Other0 (0.00%)