NASDAQ:TRMT - Tremont Mortgage Trust Stock Price, Forecast & News

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

Tremont Mortgage Trust declared a quarterly dividend on Thursday, January 16th. Investors of record on Monday, January 27th will be paid a dividend of $0.22 per share on Thursday, February 20th. This represents a $0.88 dividend on an annualized basis and a yield of 14.72%. The ex-dividend date of this dividend is Friday, January 24th. View Tremont Mortgage Trust's Dividend History.

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

3 equities research analysts have issued 1 year price objectives for Tremont Mortgage Trust's stock. 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 that the stock has a possible downside of 10.8%. View Analyst Price Targets 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.

Media stories about TRMT stock have trended negative this week, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tremont Mortgage Trust earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Tremont Mortgage Trust.

Tremont Mortgage Trust saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 28,700 shares, a decline of 11.4% from the January 15th total of 32,400 shares. Based on an average daily volume of 93,500 shares, the short-interest ratio is currently 0.3 days. Currently, 0.4% of the company's stock are short sold. View Tremont Mortgage Trust's Current Options Chain.

Some companies that are related to Tremont Mortgage Trust include Clipper Realty (CLPR), Maxus Realty Trust (MRTI), Ellington Residential Mortgage REIT (EARN), CBL & Associates Properties (CBL), Sachem Capital (SACH), SOTHERLY HOTELS/SH SH (SOHO), Postal Realty Trust (PSTL), Hunt Companies Finance Trust (HCFT), Manhattan Bridge Capital (LOAN), AMEN Properties (AMEN), Global Self Storage (SELF), Spirit MTA REIT (SMTA), Wheeler Real Estate Investment Trust (WHLR), Bimini Capital Managment (BMNM) and Medalist Diversified REIT (MDRR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Tremont Mortgage Trust investors own include AGNC Investment (AGNC), NY MTG TR INC/SH (NYMT), Prospect Capital (PSEC), Ashford Hospitality Trust (AHT), NGL Energy Partners (NGL), New Residential Investment (NRZ), Capital Product Partners (CPLP), Gladstone Investment (GAIN), NEWTEK Business Services (NEWT) and Pennantpark Floating Rate Capital (PFLT).

(TRMT) raised $90 million in an initial public offering 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.

Tremont Mortgage Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (0.84%), Bank of New York Mellon Corp (0.77%), Raymond James & Associates (0.30%), Virtu Financial LLC (0.21%) and UBS Group AG (0.08%). Company insiders that own Tremont Mortgage Trust stock include David M Blackman and Joseph Morea. View Institutional Ownership Trends for Tremont Mortgage Trust.

TRMT stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp. View Insider Buying and Selling for Tremont Mortgage Trust.

TRMT stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Virtu Financial LLC, UBS Group AG and Raymond James & Associates. Company insiders that have bought Tremont Mortgage Trust stock in the last two years include David M Blackman and Joseph Morea. View Insider Buying and Selling for 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.

One share of TRMT stock can currently be purchased for approximately $5.98.

Tremont Mortgage Trust has a market capitalization of $49.28 million and generates $3.89 million in revenue each year. View Additional Information About Tremont Mortgage Trust.

The official website for Tremont Mortgage Trust is http://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]