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

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

Tremont Mortgage Trust announced a quarterly dividend on Thursday, July 18th. Shareholders 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 yield of 18.57%. The ex-dividend date of this dividend is Friday, July 26th. View Tremont Mortgage Trust's Dividend History.

Tremont Mortgage Trust (NASDAQ:TRMT) issued its quarterly earnings results on Tuesday, August, 6th. The company reported $0.17 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.15 by $0.02. The business earned $1.88 million during the quarter. Tremont Mortgage Trust had a return on equity of 2.40% and a net margin of 26.87%. View Tremont Mortgage Trust's Earnings History.

Tremont Mortgage Trust is scheduled to release their next quarterly earnings announcement on Friday, November 1st 2019. View Earnings Estimates for Tremont Mortgage Trust.

3 brokerages have issued 12-month 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 stock price to reach $5.3333 in the next twelve months. This suggests a possible upside of 12.5% from the stock's current price. 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.

News headlines about TRMT stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tremont Mortgage Trust earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Tremont Mortgage Trust.

Tremont Mortgage Trust saw a increase in short interest in 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 short-interest ratio is currently 0.6 days. Currently, 3.3% of the shares of the company are sold short. View Tremont Mortgage Trust's Current Options Chain.

Some companies that are related to Tremont Mortgage Trust include Ellington Residential Mortgage REIT (EARN), Sachem Capital (SACH), SOTHERLY HOTELS/SH SH (SOHO), Hunt Companies Finance Trust (HCFT), Manhattan Bridge Capital (LOAN), Reven Housing Reit (RVEN), AMEN Properties (AMEN), Global Self Storage (SELF), Medalist Diversified REIT (MDRR), Bimini Capital Managment (BMNM), Wheeler Real Estate Investment Trust (WHLR), Global Healthcare REIT (GBCS), Paragon Real Estate Equity Reit (PRLE), Pacific Office Properties Trust (PCFO) and RAIT Financial Trust (RASF).

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).

(TRMT) raised $90 million in an initial public offering 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 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's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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.

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.

TRMT stock was acquired 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.

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 $4.74.

Tremont Mortgage Trust has a market capitalization of $38.83 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]