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Tremont Mortgage Trust Stock Price, Forecast & Analysis (NASDAQ:TRMT)

$4.92
+0.01 (+0.20 %)
(As of 11/16/2019 08:00 AM ET)
Today's Range
$4.82
Now: $4.92
$4.93
50-Day Range
$4.60
MA: $4.86
$5.20
52-Week Range
$3.87
Now: $4.92
$11.00
Volume22,900 shs
Average Volume93,031 shs
Market Capitalization$40.54 million
P/E Ratio7.48
Dividend Yield17.81%
Beta1.16
Tremont Mortgage Trust, a real estate investment trust (REIT), focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate in the United States. The company qualifies as a REIT 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. The company was founded in 2017 and is headquartered in Newton, Massachusetts. Tremont Mortgage Trust is a subsidiary of Tremont Realty Advisors LLC.

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:TRMT
CUSIPN/A
Phone617-796-8317

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.89 million
Book Value$10.52 per share

Profitability

Net Income$-1,600,000.00

Miscellaneous

EmployeesN/A
Market Cap$40.54 million
Next Earnings Date2/6/2020 (Estimated)
OptionableNot Optionable

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Tremont Mortgage Trust (NASDAQ:TRMT) Frequently Asked Questions

What is Tremont Mortgage Trust's stock symbol?

Tremont Mortgage Trust trades on the NASDAQ under the ticker symbol "TRMT."

How often does Tremont Mortgage Trust pay dividends? What is the dividend yield for Tremont Mortgage Trust?

Tremont Mortgage Trust announced a quarterly dividend on Thursday, October 17th. Shareholders of record on Monday, October 28th will be given a dividend of $0.22 per share on Thursday, November 14th. This represents a $0.88 annualized dividend and a yield of 17.89%. The ex-dividend date of this dividend is Friday, October 25th. View Tremont Mortgage Trust's Dividend History.

How were Tremont Mortgage Trust's earnings last quarter?

Tremont Mortgage Trust (NASDAQ:TRMT) announced its quarterly earnings results on Wednesday, November, 6th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.24 by $0.02. The business had revenue of $2.97 million for the quarter. Tremont Mortgage Trust had a return on equity of 5.08% and a net margin of 45.96%. View Tremont Mortgage Trust's Earnings History.

When is Tremont Mortgage Trust's next earnings date?

Tremont Mortgage Trust is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Tremont Mortgage Trust.

What price target have analysts set for TRMT?

3 analysts have issued 12-month target prices for Tremont Mortgage Trust's shares. Their forecasts range from $5.00 to $6.00. On average, they expect Tremont Mortgage Trust's share price to reach $5.33 in the next year. This suggests a possible upside of 8.4% from the stock's current price. View Analyst Price Targets for Tremont Mortgage Trust.

What is the consensus analysts' recommendation for Tremont Mortgage Trust?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tremont Mortgage Trust in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Tremont Mortgage Trust.

Has Tremont Mortgage Trust been receiving favorable news coverage?

Media headlines about TRMT stock have been trending somewhat negative on Sunday, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Tremont Mortgage Trust earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Tremont Mortgage Trust.

Are investors shorting Tremont Mortgage Trust?

Tremont Mortgage Trust saw a drop in short interest during the month of October. As of October 31st, there was short interest totalling 4,800 shares, a drop of 63.9% from the September 30th total of 13,300 shares. Based on an average daily trading volume, of 48,600 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold. View Tremont Mortgage Trust's Current Options Chain.

Who are some of Tremont Mortgage Trust's key competitors?

What other stocks do shareholders of Tremont Mortgage Trust own?

Who are Tremont Mortgage Trust's key executives?

Tremont Mortgage Trust's management team includes the folowing people:
  • Mr. David M. Blackman, Pres, Chief Investment Officer, COO, CEO & Managing Trustee (Age 56)
  • Mr. G. Douglas Lanois, CFO & Treasurer (Age 58)
  • Mr. Christopher Ranjitkar, Director of Investor Relations
  • Ms. Jennifer Babbin Clark, Sec. (Age 57)

When did Tremont Mortgage Trust IPO?

(TRMT) raised $90 million in an IPO on Thursday, September 14th 2017. The company issued 4,500,000 shares at $20.00 per share. UBS Investment Bank, Citigroup and RBC Capital Markets served as the underwriters for the IPO and BB&T Capital Markets, FBR (a B. Riley Financial Company), Janney Montgomery Scott and Oppenheimer & Co. were co-managers.

Who are Tremont Mortgage Trust's major shareholders?

Tremont Mortgage Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BB&T Securities LLC (0.20%) and Envestnet Asset Management Inc. (0.15%). Company insiders that own Tremont Mortgage Trust stock include David M Blackman and Joseph Morea. View Institutional Ownership Trends for Tremont Mortgage Trust.

Which major investors are selling Tremont Mortgage Trust stock?

TRMT stock was sold by a variety of institutional investors in the last quarter, including BB&T Securities LLC and Envestnet Asset Management Inc.. View Insider Buying and Selling for Tremont Mortgage Trust.

How do I buy shares of Tremont Mortgage Trust?

Shares of TRMT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Tremont Mortgage Trust's stock price today?

One share of TRMT stock can currently be purchased for approximately $4.92.

How big of a company is Tremont Mortgage Trust?

Tremont Mortgage Trust has a market capitalization of $40.54 million and generates $3.89 million in revenue each year. View Additional Information About Tremont Mortgage Trust.

What is Tremont Mortgage Trust's official website?

The official website for Tremont Mortgage Trust is http://www.trmtreit.com/.

How can I contact Tremont Mortgage Trust?

Tremont Mortgage Trust's mailing address is 255 Washington Street Suite 300, Newton MA, 02458. The company can be reached via phone at 617-796-8317 or via email at [email protected]


MarketBeat Community Rating for Tremont Mortgage Trust (NASDAQ TRMT)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  128 (Vote Outperform)
Underperform Votes:  171 (Vote Underperform)
Total Votes:  299
MarketBeat's community ratings are surveys of what our community members think about Tremont Mortgage Trust and other stocks. Vote "Outperform" if you believe TRMT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TRMT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2019 by MarketBeat.com Staff

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