MITT
TPG Mortgage Investment Trust Inc
REIT - Mortgage
Market Cap$249M
5Y Perf.+6.2%
Compare Stocks
2 / 10Try these comparisons:
Stock Comparison
MITT vs BXMT
Revenue, margins, valuation, and 5-year total return — side by side.
BXMT
Blackstone Mortgage Trust, Inc.
REIT - Mortgage
Market Cap$3.23B
5Y Perf.-18.8%
MITT vs BXMT — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | MITT | BXMT |
|---|---|---|
| Industry | REIT - Mortgage | REIT - Mortgage |
| Market Cap | $249M | $3.23B |
| Revenue (TTM) | $493M | $1.54B |
| Net Income (TTM) | $34M | $104M |
| Gross Margin | 94.2% | 62.6% |
| Operating Margin | 93.3% | 58.3% |
| Forward P/E | 7.2x | 12.0x |
| Total Debt | $8.10B | $16.16B |
| Cash & Equiv. | $76M | $453M |
MITT vs BXMT — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
MITT
BXMT
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| TPG Mortgage Invest… (MITT) | 100 | 106.2 | +6.2% |
| Blackstone Mortgage… (BXMT) | 100 | 81.2 | -18.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: MITT vs BXMT
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: MITT leads in 5 of 7 categories, making it the strongest pick for growth and revenue expansion and valuation and capital efficiency. Blackstone Mortgage Trust, Inc. is the stronger pick specifically for capital preservation and lower volatility and operational efficiency and capital deployment. As sector peers, any of these can serve as alternatives in the same allocation.
MITT
TPG Mortgage Investment Trust Inc
The Real Estate Income Play
MITT carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 1 yrs, beta 0.90, yield 10.0%
- Rev growth 14.4%, EPS growth -26.8%, 3Y rev CAGR 22.6%
- Beta 0.90, yield 10.0%, current ratio 0.09x
Best for: income & stability and growth exposure
BXMT
Blackstone Mortgage Trust, Inc.
The Real Estate Income Play
BXMT is the clearest fit if your priority is long-term compounding and sleep-well-at-night.
- 50.5% 10Y total return vs MITT's -16.9%
- Lower volatility, beta 0.74, current ratio 0.06x
- Beta 0.74 vs MITT's 0.90, lower leverage
Best for: long-term compounding and sleep-well-at-night
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | MITT | 14.4% FFO/revenue growth vs BXMT's -14.0% |
| Value | MITT | Lower P/E (7.2x vs 12.0x) |
| Quality / Margins | MITT | 6.8% margin vs BXMT's 6.7% |
| Stability / Safety | BXMT | Beta 0.74 vs MITT's 0.90, lower leverage |
| Dividends | MITT | 10.0% yield, 1-year raise streak, vs BXMT's 9.9% |
| Momentum (1Y) | MITT | +29.0% vs BXMT's +12.1% |
| Efficiency (ROA) | BXMT | 0.5% ROA vs MITT's 0.4%, ROIC 4.3% vs 4.5% |
MITT vs BXMT — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FY 2018
Segment breakdown not available.
MITT vs BXMT — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLMITTLAGGINGBXMT
BXMTBlackstone Mortgage T…
1leads
MITTTPG Mortgage Investme…
5leads
6 Total Categories
CATEGORYLEADERvs BXMTMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
MITT4/5
Valuation MetricsMultiples, price ratios, and targets
MITT5/6
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
MITT5/9
Total Returns1Y, 3Y, 5Y total returns with dividends
MITT4/6
Risk & VolatilityBeta, volatility, and downside exposure
BXMT2/2
Analyst OutlookRatings, price targets, and dividends
MITT2/2
Income & Cash Flow (Last 12 Months)
MITT leads this category, winning 4 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
BXMT is the larger business by revenue, generating $1.5B annually — 3.1x MITT's $493M. Profitability is closely matched — net margins range from 6.8% (MITT) to 6.7% (BXMT). On growth, MITT holds the edge at +20.9% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | MITTTPG Mortgage Inve… | BXMTBlackstone Mortga… |
|---|---|---|
| RevenueTrailing 12 months | $493M | $1.5B |
| EBITDAEarnings before interest/tax | $457M | $948M |
| Net IncomeAfter-tax profit | $34M | $104M |
| Free Cash FlowCash after capex | $68M | $335M |
| Gross MarginGross profit ÷ Revenue | +94.2% | +62.6% |
| Operating MarginEBIT ÷ Revenue | +93.3% | +58.3% |
| Net MarginNet income ÷ Revenue | +6.8% | +6.7% |
| FCF MarginFCF ÷ Revenue | +13.8% | +21.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +20.9% | +4.0% |
| EPS Growth (YoY)Latest quarter vs prior year | -2.3% | — |
MITT leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
MITT leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 8.7x trailing earnings, MITT trades at a 71% valuation discount to BXMT's 29.9x P/E. On an enterprise value basis, BXMT's 16.3x EV/EBITDA is more attractive than MITT's 18.2x.
| Metric | MITTTPG Mortgage Inve… | BXMTBlackstone Mortga… |
|---|---|---|
| Market CapShares × price | $249M | $3.2B |
| Enterprise ValueMkt cap + debt − cash | $8.3B | $18.9B |
| Trailing P/EPrice ÷ TTM EPS | 8.71x | 29.92x |
| Forward P/EPrice ÷ next-FY EPS est. | 7.20x | 11.98x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 18.25x | 16.35x |
| Price / SalesMarket cap ÷ Revenue | 0.53x | 2.12x |
| Price / BookPrice ÷ Book value/share | 0.43x | 0.93x |
| Price / FCFMarket cap ÷ FCF | 4.18x | 11.71x |
MITT leads this category, winning 5 of 6 comparable metrics.
Profitability & Efficiency
MITT leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
MITT delivers a 6.1% return on equity — every $100 of shareholder capital generates $6 in annual profit, vs $3 for BXMT. BXMT carries lower financial leverage with a 4.61x debt-to-equity ratio, signaling a more conservative balance sheet compared to MITT's 14.45x. On the Piotroski fundamental quality scale (0–9), BXMT scores 6/9 vs MITT's 3/9, reflecting solid financial health.
| Metric | MITTTPG Mortgage Inve… | BXMTBlackstone Mortga… |
|---|---|---|
| ROE (TTM)Return on equity | +6.1% | +2.9% |
| ROA (TTM)Return on assets | +0.4% | +0.5% |
| ROICReturn on invested capital | +4.5% | +4.3% |
| ROCEReturn on capital employed | +6.5% | +11.3% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 6 |
| Debt / EquityFinancial leverage | 14.45x | 4.61x |
| Net DebtTotal debt minus cash | $8.0B | $15.7B |
| Cash & Equiv.Liquid assets | $76M | $453M |
| Total DebtShort + long-term debt | $8.1B | $16.2B |
| Interest CoverageEBIT ÷ Interest expense | 1.12x | 1.11x |
MITT leads this category, winning 5 of 9 comparable metrics.
Total Returns (Dividends Reinvested)
MITT leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in MITT five years ago would be worth $9,650 today (with dividends reinvested), compared to $9,591 for BXMT. Over the past 12 months, MITT leads with a +29.0% total return vs BXMT's +12.1%. The 3-year compound annual growth rate (CAGR) favors MITT at 23.4% vs BXMT's 14.0% — a key indicator of consistent wealth creation.
| Metric | MITTTPG Mortgage Inve… | BXMTBlackstone Mortga… |
|---|---|---|
| YTD ReturnYear-to-date | -5.6% | +0.7% |
| 1-Year ReturnPast 12 months | +29.0% | +12.1% |
| 3-Year ReturnCumulative with dividends | +87.9% | +48.1% |
| 5-Year ReturnCumulative with dividends | -3.5% | -4.1% |
| 10-Year ReturnCumulative with dividends | -16.9% | +50.5% |
| CAGR (3Y)Annualised 3-year return | +23.4% | +14.0% |
MITT leads this category, winning 4 of 6 comparable metrics.
Risk & Volatility
BXMT leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
BXMT is the less volatile stock with a 0.74 beta — it tends to amplify market swings less than MITT's 0.90 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BXMT currently trades 92.6% from its 52-week high vs MITT's 84.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | MITTTPG Mortgage Inve… | BXMTBlackstone Mortga… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.90x | 0.74x |
| 52-Week HighHighest price in past year | $9.27 | $20.67 |
| 52-Week LowLowest price in past year | $6.52 | $17.67 |
| % of 52W HighCurrent price vs 52-week peak | +84.6% | +92.6% |
| RSI (14)Momentum oscillator 0–100 | 50.5 | 47.5 |
| Avg Volume (50D)Average daily shares traded | 277K | 1.4M |
BXMT leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
MITT leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates MITT as "Buy" and BXMT as "Hold". For income investors, MITT offers the higher dividend yield at 10.04% vs BXMT's 9.86%.
| Metric | MITTTPG Mortgage Inve… | BXMTBlackstone Mortga… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $9.63 | — |
| # AnalystsCovering analysts | 18 | 18 |
| Dividend YieldAnnual dividend ÷ price | +10.0% | +9.9% |
| Dividend StreakConsecutive years of raises | 1 | 0 |
| Dividend / ShareAnnual DPS | $0.79 | $1.89 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +3.4% |
MITT leads this category, winning 2 of 2 comparable metrics.
Key Takeaway
MITT leads in 5 of 6 categories (Income & Cash Flow, Valuation Metrics). BXMT leads in 1 (Risk & Volatility).
Best OverallTPG Mortgage Investment Tru… (MITT)Leads 5 of 6 categories
Loading custom metrics...
MITT vs BXMT: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is MITT or BXMT a better buy right now?
For growth investors, TPG Mortgage Investment Trust Inc (MITT) is the stronger pick with 14.
4% revenue growth year-over-year, versus -14. 0% for Blackstone Mortgage Trust, Inc. (BXMT). TPG Mortgage Investment Trust Inc (MITT) offers the better valuation at 8. 7x trailing P/E (7. 2x forward), making it the more compelling value choice. Analysts rate TPG Mortgage Investment Trust Inc (MITT) a "Buy" — based on 18 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — MITT or BXMT?
On trailing P/E, TPG Mortgage Investment Trust Inc (MITT) is the cheapest at 8.
7x versus Blackstone Mortgage Trust, Inc. at 29. 9x. On forward P/E, TPG Mortgage Investment Trust Inc is actually cheaper at 7. 2x.
03Which is the better long-term investment — MITT or BXMT?
Over the past 5 years, TPG Mortgage Investment Trust Inc (MITT) delivered a total return of -3.
5%, compared to -4. 1% for Blackstone Mortgage Trust, Inc. (BXMT). Over 10 years, the gap is even starker: BXMT returned +50. 5% versus MITT's -16. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — MITT or BXMT?
By beta (market sensitivity over 5 years), Blackstone Mortgage Trust, Inc.
(BXMT) is the lower-risk stock at 0. 74β versus TPG Mortgage Investment Trust Inc's 0. 90β — meaning MITT is approximately 21% more volatile than BXMT relative to the S&P 500. On balance sheet safety, Blackstone Mortgage Trust, Inc. (BXMT) carries a lower debt/equity ratio of 5% versus 14% for TPG Mortgage Investment Trust Inc — giving it more financial flexibility in a downturn.
05Which is growing faster — MITT or BXMT?
By revenue growth (latest reported year), TPG Mortgage Investment Trust Inc (MITT) is pulling ahead at 14.
4% versus -14. 0% for Blackstone Mortgage Trust, Inc. (BXMT). On earnings-per-share growth, the picture is similar: Blackstone Mortgage Trust, Inc. grew EPS 154. 7% year-over-year, compared to -26. 8% for TPG Mortgage Investment Trust Inc. Over a 3-year CAGR, MITT leads at 22. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — MITT or BXMT?
TPG Mortgage Investment Trust Inc (MITT) is the more profitable company, earning 10.
3% net margin versus 7. 2% for Blackstone Mortgage Trust, Inc. — meaning it keeps 10. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MITT leads at 96. 9% versus 71. 6% for BXMT. At the gross margin level — before operating expenses — MITT leads at 94. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is MITT or BXMT more undervalued right now?
On forward earnings alone, TPG Mortgage Investment Trust Inc (MITT) trades at 7.
2x forward P/E versus 12. 0x for Blackstone Mortgage Trust, Inc. — 4. 8x cheaper on a one-year earnings basis.
08Which pays a better dividend — MITT or BXMT?
All stocks in this comparison pay dividends.
TPG Mortgage Investment Trust Inc (MITT) offers the highest yield at 10. 0%, versus 9. 9% for Blackstone Mortgage Trust, Inc. (BXMT).
09Is MITT or BXMT better for a retirement portfolio?
For long-horizon retirement investors, Blackstone Mortgage Trust, Inc.
(BXMT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 74), 9. 9% yield). Both have compounded well over 10 years (BXMT: +50. 5%, MITT: -16. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between MITT and BXMT?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: MITT is a small-cap deep-value stock; BXMT is a small-cap income-oriented stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
Revenue Growth>
%
(MITT: 20.9% · BXMT: 4.0%)Net Margin>
%
(MITT: 6.8% · BXMT: 6.7%)P/E Ratio<
x
(MITT: 8.7x · BXMT: 29.9x)You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.