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NYSE:TRTX

TPG RE Finance Trust (TRTX) Stock Price, News & Analysis

$8.64
-0.20 (-2.26%)
(As of 09/6/2024 ET)
Today's Range
$8.60
$8.86
50-Day Range
$8.14
$9.50
52-Week Range
$4.64
$9.66
Volume
281,720 shs
Average Volume
301,909 shs
Market Capitalization
$699.24 million
P/E Ratio
N/A
Dividend Yield
11.11%
Price Target
$8.75

TPG RE Finance Trust MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
1.3% Upside
$8.75 Price Target
Short Interest
Healthy
2.42% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-4.72%
From $1.06 to $1.01 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.57 out of 5 stars

Finance Sector

827th out of 871 stocks

Real Estate Investment Trusts Industry

166th out of 178 stocks

TRTX stock logo

About TPG RE Finance Trust Stock (NYSE:TRTX)

TPG RE Finance Trust, Inc., a commercial real estate finance company, originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in the United States. It invests in commercial mortgage loans; subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments; and commercial real estate collateralized loan obligations and commercial mortgage-backed securities secured by properties primarily in the multifamily, life science, mixed-use, hospitality, self storage, industrial, and retail real estate sectors. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. TPG RE Finance Trust, Inc. was incorporated in 2014 and is based in New York, New York.

TRTX Stock Price History

TRTX Stock News Headlines

⭕ [URGENT] Buy Alert just triggered
My absolute favorite stock just hit a critical "buy now" trigger price.
TPG RE Finance Trust earnings: here's what Wall Street expects
⭕ [URGENT] Buy Alert just triggered
My absolute favorite stock just hit a critical "buy now" trigger price.
TPG RE Finance Trust: Q1 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
2/21/2023
Ex-Dividend for 7/25 Dividend
6/27/2024
Dividend Payable
7/25/2024
Today
9/07/2024
Next Earnings (Estimated)
10/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Previous Symbol
NASDAQ:TRTX
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.75
High Stock Price Target
$11.00
Low Stock Price Target
$6.50
Potential Upside/Downside
+1.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$-116,630,000.00
Pretax Margin
-3.41%

Debt

Sales & Book Value

Annual Sales
$390.25 million
Book Value
$13.89 per share

Miscellaneous

Free Float
78,230,000
Market Cap
$699.24 million
Optionable
Optionable
Beta
2.19
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TRTX Stock Analysis - Frequently Asked Questions

How have TRTX shares performed this year?

TPG RE Finance Trust's stock was trading at $6.50 at the beginning of the year. Since then, TRTX stock has increased by 32.9% and is now trading at $8.64.
View the best growth stocks for 2024 here
.

How were TPG RE Finance Trust's earnings last quarter?

TPG RE Finance Trust, Inc. (NYSE:TRTX) announced its quarterly earnings data on Tuesday, February, 21st. The company reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.15 by $0.15. The company had revenue of $101.17 million for the quarter, compared to the consensus estimate of $33.91 million. TPG RE Finance Trust had a negative trailing twelve-month return on equity of 18.84% and a negative net margin of 3.56%.

When did TPG RE Finance Trust IPO?

TPG RE Finance Trust (TRTX) raised $226 million in an initial public offering (IPO) on Thursday, July 20th 2017. The company issued 11,000,000 shares at a price of $20.00-$21.00 per share. BofA Merrill Lynch, Citigroup, Goldman Sachs, Wells Fargo Securities, Deutsche Bank Securities, J. P. Morgan, Morgan Stanley and Barclays acted as the underwriters for the IPO and TPG Capital BD and JMP Securities were co-managers.

Who are TPG RE Finance Trust's major shareholders?

Top institutional investors of TPG RE Finance Trust include Long Pond Capital LP (3.53%), Millennium Management LLC (1.45%), Bank of New York Mellon Corp (0.28%) and Algert Global LLC (0.27%). Insiders that own company stock include Starwood Capital Group Global and China Investment Corp.
View institutional ownership trends
.

How do I buy shares of TPG RE Finance Trust?

Shares of TRTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of TPG RE Finance Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TPG RE Finance Trust investors own include New Residential Investment (NRZ), General Electric (GE), Starwood Property Trust (STWD), Two Harbors Investment (TWO), Chimera Investment (CIM), Ladder Capital (LADR) and AGNC Investment (AGNC).

This page (NYSE:TRTX) was last updated on 9/7/2024 by MarketBeat.com Staff

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