TPG RE Finance Trust (NYSE:TRTX - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Tuesday, April 29th. Analysts expect TPG RE Finance Trust to post earnings of $0.25 per share and revenue of $25.55 million for the quarter.
TPG RE Finance Trust (NYSE:TRTX - Get Free Report) last announced its earnings results on Tuesday, February 18th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by ($0.18). TPG RE Finance Trust had a return on equity of 7.57% and a net margin of 21.79%. The company had revenue of $34.74 million for the quarter, compared to the consensus estimate of $27.98 million.
TPG RE Finance Trust Price Performance
Shares of TPG RE Finance Trust stock traded down $0.05 during trading on Friday, hitting $7.22. 752,081 shares of the company's stock traded hands, compared to its average volume of 641,227. TPG RE Finance Trust has a twelve month low of $6.47 and a twelve month high of $9.66. The company has a debt-to-equity ratio of 2.14, a current ratio of 156.81 and a quick ratio of 152.83. The company has a market cap of $580.38 million, a PE ratio of 9.63, a PEG ratio of 0.25 and a beta of 1.78. The firm's fifty day moving average price is $7.97 and its 200 day moving average price is $8.42.
TPG RE Finance Trust Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, March 28th will be issued a $0.24 dividend. The ex-dividend date is Friday, March 28th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 13.30%. TPG RE Finance Trust's payout ratio is presently 128.00%.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. cut their price objective on TPG RE Finance Trust from $8.50 to $7.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th.
Check Out Our Latest Stock Report on TRTX
About TPG RE Finance Trust
(
Get Free Report)
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.
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