NASDAQ:TPG

TPG (TPG) Stock Forecast, Price & News

$30.15

-0.02 (-0.07%)

(As of 09/22/2023 ET)

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Today's Range: $30.03
▼
$30.47
50-Day Range: $26.19
▼
$31.70
52-Week Range: $24.74
▼
$44.43

Volume: 245,111 shs
Average Volume: 504,935 shs
Market Capitalization: $9.32 billion

P/E Ratio: 430.71
Dividend Yield: 2.92%
Price Target: $32.27

TPG MarketRank™ Forecast

Analyst Rating: Hold
2.31 Rating Score
Upside/Downside: 7.0% Upside
$32.27 Price Target
Short Interest: Bearish
6.21% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.49
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 72.36%
From $1.23 to $2.12 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.77 out of 5 stars

Finance Sector

721st out of 840 stocks

Investment Advice Industry

47th out of 49 stocks

2.2

Analyst's Opinion

Consensus Rating
TPG has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 4 buy ratings, 9 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $32.27, TPG has a forecasted upside of 7.0% from its current price of $30.15.
Amount of Analyst Coverage
TPG has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
6.21% of the float of TPG has been sold short.
Short Interest Ratio / Days to Cover
TPG has a short interest ratio ("days to cover") of 7.3.
Change versus previous month
Short interest in TPG has recently increased by 1.30%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Yield
TPG pays a meaningful dividend of 2.92%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
TPG does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of TPG is 1,257.14%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, TPG will have a dividend payout ratio of 41.51% next year. This indicates that TPG will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TPG.

1.4

News and Social Media Coverage

News Sentiment
TPG has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.72 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for TPG this week, compared to 12 articles on an average week.
MarketBeat Follows
Only 1 people have added TPG to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TPG insiders have not sold or bought any company stock.
Percentage Held by Insiders
78.72% of the stock of TPG is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 12.51% of the stock of TPG is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for TPG are expected to grow by 72.36% in the coming year, from $1.23 to $2.12 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TPG is 430.71, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 115.68.
Price to Earnings Ratio vs. Sector
The P/E ratio of TPG is 430.71, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 67.88.
Price to Earnings Growth Ratio
TPG has a PEG Ratio of 2.43. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
TPG has a P/B Ratio of 3.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About TPG (NASDAQ:TPG) Stock

TPG Inc. operates as an alternative asset manager in the United States and internationally. It offers investment management services to TPG Funds, limited partners, and other vehicles; monitoring services to portfolio companies; advisory, debt and equity arrangement, and underwriting and placement services; and capital structuring and other advisory services to portfolio companies. The company invests in private equity funds, real estate funds, hedge funds, and credit funds. TPG Inc. was founded in 1992 and is headquartered in Fort Worth, Texas. TPG Inc. is a subsidiary of TPG GP A, LLC.

TPG Price History

30 days | 90 days | 365 days | Advanced Chart

TPG Stock News Headlines

September 24, 2023 | msn.com

Chase Ink Business Cash card review: Great for office supplies and technology services

September 24, 2023 | afr.com

TPG’s $1.8b InvoCare takeover fair and reasonable: expert

September 24, 2023 | Chaikin Analytics (Ad)

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September 21, 2023 | msn.com

TPG fund buys nephrology chain AINU

September 20, 2023 | finance.yahoo.com

TPG Appoints Ganen Sarvananthan as Managing Partner to Lead Asia and the Middle East

September 19, 2023 | msn.com

TPG explores sale of restaurant chain Mendocino Farms -sources

September 19, 2023 | americanbankingnews.com

TPG Inc. (NASDAQ:TPG) Given Average Recommendation of "Hold" by Brokerages

September 14, 2023 | barrons.com

TPG Inc.

September 24, 2023 | Chaikin Analytics (Ad)

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September 14, 2023 | msn.com

Private equity firm TPG to invest $336 million in data management company Denodo

September 13, 2023 | reuters.com

Denodo raises $336 mln in funding from private equity giant TPG

September 13, 2023 | money.usnews.com

Denodo Raises $336 Million in Funding From Private Equity Giant TPG

September 13, 2023 | finance.yahoo.com

TPG to Invest $336 Million in Denodo to Accelerate Growth of the Data Management Leader

September 10, 2023 | msn.com

TPG, Tepco, Brookfield in talks for JSW Neo stake

September 8, 2023 | msn.com

TPG launches new data-driven valuations for 6 major US airlines — and updates methodology for credit card currencies

September 8, 2023 | msn.com

TPG-backed RR Kabel IPO to open on Sept 13, check price band and other details

September 7, 2023 | msn.com

TPG names Anilu Vazquez-Ubarri chief operating officer

September 6, 2023 | msn.com

UPDATE 1-Australia's TPG Telecom extends due diligence period for $4 bln fiber assets offer

September 6, 2023 | afr.com

TPG Asia-backed TissuPath tangled in data breach

September 5, 2023 | finance.yahoo.com

TPG Appoints Anilu Vazquez-Ubarri as Chief Operating Officer

September 5, 2023 | afr.com

TPG Teleco, Vocus talk DD extension for $6.3b fibre bid

September 1, 2023 | msn.com

Make your voice heard — vote now for the 2023 TPG Awards

August 30, 2023 | afr.com

TPG Capital enlists former Goldman Sachs special situations banker

August 29, 2023 | businesswire.com

TPG and Crowe LLP to Establish Crowe Healthcare Consulting as Independent Company

August 29, 2023 | msn.com

TPG Capital-backed RR Kabel gets Sebi approval for IPO

August 29, 2023 | bizjournals.com

TPG and Crowe LLP establish Crowe Healthcare Consulting as independent company

August 28, 2023 | msn.com

TPG Taps Warburg Pincus Partner to Lead European Buyouts

See More Headlines

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TPG Company Calendar

Last Earnings: 8/08/2023
Ex-Dividend for 9/1 Dividend: 8/17/2023
Dividend Payable: 9/01/2023
Today: 9/24/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Investment advice
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:TPG
CUSIP: N/A
CIK: 1880661
Web: www.tpg.com
Phone: 817-871-4000
Fax: N/A
Employees: 1,110
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $32.27
High Stock Price Forecast: $38.00
Low Stock Price Forecast: $28.00
Forecasted Upside/Downside: +7.0%
Consensus Rating: Hold
Rating Score (0-4): 2.31
Research Coverage: 13 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.07
Trailing P/E Ratio: 430.71
Forward P/E Ratio: 24.51
P/E Growth: 2.43
Net Income: $-56,240,000.00
Net Margins: 4.95%
Pretax Margin: 6.84%
Return on Equity: 16.98%
Return on Assets: 6.49%

Debt

Debt-to-Equity Ratio: 0.14
Current Ratio: 0.25
Quick Ratio: 0.25

Sales & Book Value

Annual Sales: $2.00 billion
Price / Sales: 4.65
Cash Flow: $2.27 per share
Price / Cash Flow: 13.30
Book Value: $9.99 per share
Price / Book: 3.02

Miscellaneous

Outstanding Shares: 309,200,000
Free Float: 65,797,000
Market Cap: $9.32 billion
Optionable: Optionable
Beta: 1.47

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Key Executives

Mr. James George Coulter (Age 63)
Founder & Exec. Chairman
Comp: $19.13M

Mr. Jon Winkelried (Age 63)
CEO & Director
Comp: $32.64M

Mr. Todd B. Sisitsky (Age 52)
Pres & Director
Comp: $47.33M

Mr. Jack Charles Weingart (Age 57)
CFO & Director
Comp: $27.82M

Ms. Anilu Vazquez-Ubarri (Age 46)
COO & Director
Comp: $5.67M

Mr. David Bonderman (Age 81)
Founder & Non-Exec. Chairman

Mr. Martin Louis Davidson CPA (Age 46)
Chief Accounting Officer

Gary Stein
Head of Investor Relations

Mr. Bradford A. Berenson (Age 57)
Gen. Counsel & Sec.

Ms. Roberta Joann Harris (Age 53)
Chief Compliance Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

TPG Stock - Frequently Asked Questions

Should I buy or sell TPG stock right now?: 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPG in the last year. There are currently 9 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TPG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TPG, but not buy additional shares or sell existing shares.
View TPG analyst ratings or view top-rated stocks.
What is TPG's stock price forecast for 2023?: 13 Wall Street research analysts have issued 1 year price targets for TPG's stock. Their TPG share price forecasts range from $28.00 to $38.00. On average, they predict the company's share price to reach $32.27 in the next year. This suggests a possible upside of 7.0% from the stock's current price.
View analysts price targets for TPG or view top-rated stocks among Wall Street analysts.
How have TPG shares performed in 2023?: TPG's stock was trading at $27.83 at the start of the year. Since then, TPG stock has increased by 8.3% and is now trading at $30.15.
View the best growth stocks for 2023 here.
When is TPG's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our TPG earnings forecast.
How were TPG's earnings last quarter?: TPG Inc. (NASDAQ:TPG) issued its earnings results on Tuesday, August, 8th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.32 by $0.06. The business earned $603.27 million during the quarter, compared to analyst estimates of $280.39 million. TPG had a trailing twelve-month return on equity of 16.98% and a net margin of 4.95%. During the same period in the prior year, the company posted $0.46 earnings per share.
How often does TPG pay dividends? What is the dividend yield for TPG?: TPG announced a quarterly dividend on Tuesday, August 8th. Investors of record on Friday, August 18th will be paid a dividend of $0.22 per share on Friday, September 1st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date of this dividend is Thursday, August 17th. This is a positive change from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for TPG.
What ETFs hold TPG's stock?: ETFs with the largest weight of TPG (NASDAQ:TPG) stock in their portfolio include Invesco Global Listed Private Equity ETF (PSP), iShares Factors US Growth Style ETF (STLG), iShares Factors US Value Style ETF (STLV), BlackRock Future Innovators ETF (BFTR), SPDR S&P Capital Markets ETF (KCE), Harbor Corporate Culture Leaders ETF (HAPY), Harbor Corporate Culture Small Cap ETF (HAPS) and Putnam Sustainable Leaders ETF (PLDR).
Is TPG a good dividend stock?: TPG (NASDAQ:TPG) pays an annual dividend of $0.88 per share and currently has a dividend yield of 2.92%. The dividend payout ratio is 1,257.14%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, TPG will have a dividend payout ratio of 41.51% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TPG.

When did TPG IPO?: (TPG) raised $1 billion in an IPO on Thursday, January 13th 2022. The company issued 33,900,000 shares at $28.00-$31.00 per share.
What is TPG's stock symbol?: TPG trades on the NASDAQ under the ticker symbol "TPG."
Who are TPG's major shareholders?: TPG's stock is owned by many different institutional and retail investors. Top institutional shareholders include Capital International Investors (1.34%), BlackRock Inc. (1.13%), Perpetual Ltd (0.89%), TimesSquare Capital Management LLC (0.64%), Geode Capital Management LLC (0.28%) and State Street Corp (0.27%).
How do I buy shares of TPG?: Shares of TPG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is TPG's stock price today?: One share of TPG stock can currently be purchased for approximately $30.15.
How much money does TPG make?: TPG (NASDAQ:TPG) has a market capitalization of $9.32 billion and generates $2.00 billion in revenue each year. The company earns $-56,240,000.00 in net income (profit) each year or $0.07 on an earnings per share basis.
How many employees does TPG have?: The company employs 1,110 workers across the globe.
How can I contact TPG?: The official website for the company is www.tpg.com. The company can be reached via phone at 817-871-4000 or via email at investorrelations@tpg.com.

This page (NASDAQ:TPG) was last updated on 9/24/2023 by MarketBeat.com Staff

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