earnings
confidence high
sentiment negative
materiality 0.75
AG Mortgage preliminary Q3 book value $10.97-$11.07, down ~4.4% from Q2
TPG Mortgage Investment Trust, Inc.
2022-Q3 EPS reported
-$3.38
- Estimated book value per share $10.97-$11.07 as of Sept 30, vs $11.48 at June 30.
- Total liquidity $79.7M ($77.6M cash + $2.1M unencumbered Agency RMBS).
- Economic leverage reduced to 2.0x from 2.7x; portfolio grew to $4.3B from $4.1B.
- Executed three securitizations totaling $1.3B UPB; warehouse capacity $1.9B.
- Repurchased 0.5M shares for $2.7M during Q3 and through Oct 17.