• $108.6M
    Market Cap
  • 18.23%
    1-Year Change
  • REIT - Mortgage
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 75
  • 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
$2.90
$2.95
$2.94
1-Year Range
$2.18
$3.02
$2.94
Latest Close$2.94
Change
+$0.010 (+0.34%)
Volume329,019
Market Cap$108.6M
Shares Outstanding36.9M
P/E (TTM)6.47
Diluted EPS (TTM)$0.45
Enterprise Value$337.9M

Information as of 08/21/2026

Company Profile

CHERRY HILL MORTGAGE INVESTMENT CORP
https://www.chmireit.com
$108.6M
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, and manages residential mortgage assets in the United States. It operates in two segments, Investments in RMBS and Investments in Servicing Related Assets. The trust qualifies as a real estate investment trust for federal income tax purposes. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate 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
  • Raymond Slater
  • Apeksha Patel

Current Ownership Distribution

  • Institutions93.5M (72.05%)
  • Mutual Funds34.9M (26.92%)
  • Insiders1.3M (1.03%)
  • Other0 (0.00%)