TPG Mortgage Investment Trust

MITT · NYSE

$5.32+$0.09 (+1.72%)TodayMarket closed · Oct 20, 7:40 PM ET

Prev close $5.23

MITT analyst rating

BuyConsensus of 6 analysts over the last 12 months. 83% rate it a buy.

Strong buy0
Buy5
Hold1
Underperform0
Sell0

12-month price target · 7 analysts

Average $9.18 (+72.6% upside)

Low: $8.08
Now: $5.32
High: $10.76

Upgrades and downgrades

The latest rating actions, newest first

MITT analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Citizens	Oct 15, 2026	Maintains	Market Outperform	$9.25 → $8.50	53%
Piper Sandler	Oct 9, 2026	Maintains	Overweight	$9.00 → $8.00	40%
Jones Trading	Aug 10, 2026	Maintains	Buy	$9.00 → $8.00	44%
Piper Sandler	Jul 2, 2026	Maintains	Overweight	$10.00 → $9.50	40%
BTIG	Jun 17, 2026	Upgrade	Neutral → Buy	$9.00	38%
Keefe, Bruyette & Woods	May 1, 2026	Maintains	Market Perform	$9.00 → $8.50	53%
Jones Trading	Feb 17, 2026	Maintains	Buy	$8.50 → $9.00	44%
Citizens	Jan 22, 2026	Maintains	Market Outperform	$8.50 → $9.25	25%
Piper Sandler	Dec 22, 2025	Maintains	Overweight	$9.00 → $10.00	40%
Keefe, Bruyette & Woods	Dec 18, 2025	Maintains	Market Perform	$8.50 → $9.00	53%

The case for and against

Updated Apr 17, 2026

Bull case

TPG Mortgage Investment Trust Inc has demonstrated a strong portfolio repositioning, increasing its economic leverage to 1.7x, which reflects an active transition to residential investments and the completion of multiple securitizations. The company reported a notable year-over-year portfolio growth of approximately 27%, along with significant loan purchases and securitizations amounting to $374.3 million and $1.3 billion in UPB, respectively, indicating robust market activity and a competitive edge through Arc Home's market share gains. Management anticipates a leveraged return on equity (ROE) in the 20-percent range while maintaining a stable delinquency rate of 1.4% in its non-agency portfolio, positioning TPG Mortgage Investment Trust favorably for continued growth and resilience against potential market challenges.

Bear case

TPG Mortgage Investment Trust Inc. experienced a 3.4% decline in its portfolio value, dropping from $8.8 billion to $8.5 billion, primarily due to the redemption of a non-QM securitization and subsequent loan sales. Additionally, potential increases in agency MBS purchases by the Federal Reserve could lead to lower mortgage rates and heightened prepayment rates, negatively influencing reinvestment yields and overall earnings. The firm is also facing challenges related to periods of illiquidity in the mortgage markets, which may restrict secured borrowing availability and impact asset liquidity and quality.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.