TPG RE Finance Trust (TRTX) Projected to Post Earnings on Tuesday

TPG RE Finance Trust (NYSE:TRTX - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data after the market closes on Tuesday, July 29th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $25.20 million for the quarter.

TPG RE Finance Trust Stock Up 2.5%

Shares of TRTX traded up $0.21 during mid-day trading on Tuesday, hitting $8.25. 489,403 shares of the company's stock were exchanged, compared to its average volume of 655,782. The company has a market cap of $658.45 million, a PE ratio of 9.80, a P/E/G ratio of 2.43 and a beta of 1.60. TPG RE Finance Trust has a 52 week low of $6.47 and a 52 week high of $9.66. The company has a 50-day simple moving average of $7.90 and a 200 day simple moving average of $8.03. The company has a debt-to-equity ratio of 2.52, a current ratio of 182.89 and a quick ratio of 182.89.

TPG RE Finance Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Friday, July 25th were paid a $0.24 dividend. The ex-dividend date of this dividend was Friday, June 27th. This represents a $0.96 annualized dividend and a dividend yield of 11.64%. TPG RE Finance Trust's dividend payout ratio is presently 137.14%.

Institutional Investors Weigh In On TPG RE Finance Trust

Hedge funds have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. lifted its holdings in TPG RE Finance Trust by 5.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,930,865 shares of the company's stock valued at $32,037,000 after purchasing an additional 192,126 shares during the last quarter. AQR Capital Management LLC acquired a new stake in TPG RE Finance Trust during the 1st quarter valued at $127,000. Finally, Strs Ohio acquired a new stake in TPG RE Finance Trust during the 1st quarter valued at $87,000. Institutional investors and hedge funds own 57.12% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. JPMorgan Chase & Co. raised their target price on shares of TPG RE Finance Trust from $7.00 to $8.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Wall Street Zen cut shares of TPG RE Finance Trust from a "hold" rating to a "sell" rating in a research note on Saturday, July 5th. Finally, Wells Fargo & Company decreased their target price on shares of TPG RE Finance Trust from $10.00 to $9.00 and set an "overweight" rating for the company in a research note on Thursday, May 1st.

TPG RE Finance Trust Company Profile

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.