Tremont Mortgage Trust Stock Forecast, Price & News

Tremont Mortgage Trust's stock was trading at $4.32 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TRMT stock has decreased by 33.8% and is now trading at $2.86.
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3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tremont Mortgage Trust in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Tremont Mortgage Trust.

Tremont Mortgage Trust is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Tremont Mortgage Trust.

Tremont Mortgage Trust will be holding an earnings conference call on Tuesday, November 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Tremont Mortgage Trust (NASDAQ:TRMT) announced its quarterly earnings results on Tuesday, August, 4th. The company reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.12. Tremont Mortgage Trust had a net margin of 60.51% and a return on equity of 8.52%.
View Tremont Mortgage Trust's earnings history.

Tremont Mortgage Trust announced a quarterly dividend on Thursday, October 15th. Investors of record on Monday, October 26th will be given a dividend of $0.01 per share on Thursday, November 19th. This represents a $0.04 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date is Friday, October 23rd.
View Tremont Mortgage Trust's dividend history.

3 Wall Street analysts have issued 1 year target prices for Tremont Mortgage Trust's stock. Their forecasts range from $2.50 to $3.00. On average, they expect Tremont Mortgage Trust's stock price to reach $2.75 in the next year. This suggests that the stock has a possible downside of 3.8%.
View analysts' price targets for Tremont Mortgage Trust.

Tremont Mortgage Trust saw a decrease in short interest in the month of October. As of October 15th, there was short interest totaling 6,800 shares, a decrease of 31.3% from the September 30th total of 9,900 shares. Based on an average trading volume of 24,900 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company's stock are short sold.
View Tremont Mortgage Trust's Short Interest.

Some companies that are related to Tremont Mortgage Trust include Sachem Capital (SACH), Sachem Capital (SACH), Arlington Asset Investment (AAIC), Arlington Asset Investment (AI), Cedar Realty Trust (CDR), Braemar Hotels & Resorts (BHR), NexPoint Real Estate Finance (NREF), Hunt Companies Finance Trust (HCFT), CorEnergy Infrastructure Trust (CORR), Exantas Capital (XAN), Income Opportunity Realty Investors (IOR), Income Opportunity Realty Investors (IOR), Power REIT (PW), United Development Funding IV (UDFI) and Manhattan Bridge Capital (LOAN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Tremont Mortgage Trust investors own include Energy Transfer (ET), New York Mortgage Trust (NYMT), Brookfield Property Partners (BPY), MFA Financial (MFA), AGNC Investment (AGNC), Ashford Hospitality Trust (AHT), Braemar Hotels & Resorts (BHR), Bluerock Residential Growth REIT (BRG), EnLink Midstream (ENLC) and Kimbell Royalty Partners (KRP).

(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 acted 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.

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

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.

One share of TRMT stock can currently be purchased for approximately $2.86.

Tremont Mortgage Trust has a market capitalization of $23.61 million and generates $15.48 million in revenue each year.

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

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]