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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NYSE:TRTX

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

$7.36
+0.10 (+1.38%)
(As of 04/18/2024 ET)
Today's Range
$7.30
$7.45
50-Day Range
$5.18
$7.97
52-Week Range
$4.64
$8.12
Volume
416,608 shs
Average Volume
654,879 shs
Market Capitalization
$573.51 million
P/E Ratio
N/A
Dividend Yield
13.03%
Price Target
$7.70

TPG RE Finance Trust MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
4.6% Upside
$7.70 Price Target
Short Interest
Healthy
4.79% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.76mentions of TPG RE Finance Trust in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
38.36%
From $0.73 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.

1.86 out of 5 stars

Finance Sector

662nd out of 826 stocks

Real Estate Investment Trusts Industry

133rd out of 176 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

TPG RE Finance Trust, Inc. (TRTX)
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
TRTX Mar 2024 10.000 put
Q4 2023 TPG RE Finance Trust Inc Earnings Call
TPG RE Finance Trust
TPG RE Finance Trust, Inc. (TRTX-PC)
RMR Group (RMR) Q1 Earnings and Revenues Beat Estimates
TRTX.PR.C TPG RE Finance Trust, Inc. 6.25% RED PFD C
See More Headlines
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Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 1/25 Dividend
12/28/2023
Dividend Payable
1/25/2024
Ex-Dividend for 4/25 Dividend
3/27/2024
Today
4/18/2024
Dividend Payable
4/25/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$7.70
High Stock Price Target
$9.00
Low Stock Price Target
$6.50
Potential Upside/Downside
+5.9%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$-116,630,000.00
Pretax Margin
-99.98%

Debt

Sales & Book Value

Annual Sales
$390.25 million
Book Value
$14.47 per share

Miscellaneous

Free Float
75,922,000
Market Cap
$566.11 million
Optionable
Optionable
Beta
2.10
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TRTX Stock Analysis - Frequently Asked Questions

Should I buy or sell TPG RE Finance Trust stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TPG RE Finance Trust in the last twelve months. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TRTX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRTX, but not buy additional shares or sell existing shares.
View TRTX analyst ratings
or view top-rated stocks.

What is TPG RE Finance Trust's stock price target for 2024?

5 equities research analysts have issued twelve-month target prices for TPG RE Finance Trust's stock. Their TRTX share price targets range from $6.50 to $9.00. On average, they expect the company's stock price to reach $7.70 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price.
View analysts price targets for TRTX
or view top-rated stocks among Wall Street analysts.

How have TRTX shares performed in 2024?

TPG RE Finance Trust's stock was trading at $6.50 at the beginning of 2024. Since then, TRTX stock has increased by 13.2% and is now trading at $7.36.
View the best growth stocks for 2024 here
.

When is TPG RE Finance Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our TRTX earnings forecast
.

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

TPG RE Finance Trust, Inc. (NYSE:TRTX) released its quarterly earnings results on Tuesday, November, 2nd. The company reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.03. TPG RE Finance Trust had a negative net margin of 30.16% and a negative trailing twelve-month return on equity of 21.48%. During the same quarter last year, the firm posted $0.42 EPS.

How often does TPG RE Finance Trust pay dividends? What is the dividend yield for TPG RE Finance Trust?

TPG RE Finance Trust declared a quarterly dividend on Friday, March 15th. Shareholders of record on Thursday, March 28th will be given a dividend of $0.24 per share on Thursday, April 25th. This represents a $0.96 dividend on an annualized basis and a yield of 13.04%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for TRTX
.

Is TPG RE Finance Trust a good dividend stock?

TPG RE Finance Trust (NYSE:TRTX) pays an annual dividend of $0.96 per share and currently has a dividend yield of 13.54%. TRTX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for TRTX.

What ETFs hold TPG RE Finance Trust's stock?
What other stocks do shareholders of TPG RE Finance Trust own?
When did TPG RE Finance Trust IPO?

TPG RE Finance Trust (TRTX) raised $226 million in an IPO on Thursday, July 20th 2017. The company issued 11,000,000 shares at $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?

TPG RE Finance Trust's stock is owned by a variety of retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.16%).
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.

This page (NYSE:TRTX) was last updated on 4/18/2024 by MarketBeat.com Staff

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