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

$4.63
-0.11 (-2.32 %)
(As of 09/16/2019 12:39 PM ET)
Today's Range
$4.6210
Now: $4.63
$4.7478
50-Day Range
$4.30
MA: $4.56
$5.14
52-Week Range
$3.87
Now: $4.63
$12.10
Volume11,910 shs
Average Volume22,033 shs
Market Capitalization$37.92 million
P/E Ratio12.10
Dividend Yield18.64%
Beta1.11
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$18.77 per share

Profitability

Net Income$-1,600,000.00

Miscellaneous

EmployeesN/A
Market Cap$37.92 million
Next Earnings Date11/1/2019 (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 declared a quarterly dividend on Thursday, July 18th. Stockholders of record on Monday, July 29th will be paid a dividend of $0.22 per share on Thursday, August 15th. This represents a $0.88 annualized dividend and a dividend yield of 19.01%. The ex-dividend date is Friday, July 26th. View Tremont Mortgage Trust's Dividend History.

How were Tremont Mortgage Trust's earnings last quarter?

Tremont Mortgage Trust (NASDAQ:TRMT) posted its quarterly earnings results on Tuesday, August, 6th. The company reported $0.17 EPS for the quarter, topping the Zacks' consensus estimate of $0.15 by $0.02. The firm had revenue of $1.88 million for the quarter. Tremont Mortgage Trust had a net margin of 26.87% and a return on equity of 2.40%. 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 Friday, November 1st 2019. View Earnings Estimates for Tremont Mortgage Trust.

What price target have analysts set for TRMT?

3 equities research analysts have issued 1 year target prices for Tremont Mortgage Trust's stock. Their forecasts range from $5.00 to $6.00. On average, they expect Tremont Mortgage Trust's stock price to reach $5.3333 in the next year. This suggests a possible upside of 15.2% 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?

News stories about TRMT stock have been trending somewhat positive this week, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 0.9 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Tremont Mortgage Trust.

Are investors shorting Tremont Mortgage Trust?

Tremont Mortgage Trust saw a increase in short interest during the month of August. As of August 15th, there was short interest totalling 96,200 shares, an increase of 147.9% from the July 15th total of 38,800 shares. Based on an average trading volume of 164,700 shares, the days-to-cover ratio is presently 0.6 days. Approximately 3.3% of the company's stock are sold short. 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tremont Mortgage Trust investors own include Allena Pharmaceuticals (ALNA), Manhattan Bridge Capital (LOAN), Thermo Fisher Scientific (TMO), Cara Therapeutics (CARA), Evolus (EOLS), Funko (FNKO), Walt Disney (DIS), Washington Prime Group (WPG), Ampliphi Biosciences (APHB) and Arbutus Biopharma (ABUS).

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 a price of $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 many different of retail and institutional investors. Top institutional investors include PVG Asset Management Corp (3.99%), Vanguard Group Inc. (2.41%), Rational Advisors LLC (0.93%), Bank of New York Mellon Corp (0.49%), BB&T Securities LLC (0.45%) and Envestnet Asset Management Inc. (0.32%). Company insiders that own Tremont Mortgage Trust stock include David M Blackman and Joseph Morea. View Institutional Ownership Trends for Tremont Mortgage Trust.

Which institutional 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. View Insider Buying and Selling for Tremont Mortgage Trust.

Which institutional investors are buying Tremont Mortgage Trust stock?

TRMT stock was purchased by a variety of institutional investors in the last quarter, including PVG Asset Management Corp, Vanguard Group Inc., Bank of New York Mellon Corp, Envestnet Asset Management Inc., Advisor Group Inc., Royal Bank of Canada, Parallel Advisors LLC and Rational Advisors LLC. 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.

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 $4.63.

How big of a company is Tremont Mortgage Trust?

Tremont Mortgage Trust has a market capitalization of $37.92 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:  115 (Vote Outperform)
Underperform Votes:  159 (Vote Underperform)
Total Votes:  274
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 9/16/2019 by MarketBeat.com Staff

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