NASDAQ:TRMTTremont Mortgage Trust Stock Price, Forecast & News

Tremont Mortgage Trust's stock was trading at $4.32 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TRMT shares have decreased by 37.7% and is now trading at $2.69. View which stocks have been most impacted by Coronavirus.

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, August 4th 2020. View our earnings forecast for Tremont Mortgage Trust.

Tremont Mortgage Trust (NASDAQ:TRMT) announced its quarterly earnings data on Monday, May, 4th. The company reported $0.21 EPS for the quarter, topping the Zacks' consensus estimate of $0.19 by $0.02. The firm earned $2.53 million during the quarter. Tremont Mortgage Trust had a net margin of 54.00% and a return on equity of 6.87%. View Tremont Mortgage Trust's earnings history.

Tremont Mortgage Trust announced a quarterly dividend on Wednesday, April 1st. Stockholders of record on Friday, April 10th will be paid a dividend of $0.01 per share on Thursday, May 21st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date of this dividend is Wednesday, April 8th. View Tremont Mortgage Trust's dividend history.

3 equities research analysts have issued 12 month price targets for Tremont Mortgage Trust's shares. Their forecasts range from $2.50 to $6.00. On average, they expect Tremont Mortgage Trust's share price to reach $3.83 in the next twelve months. This suggests a possible upside of 42.5% from the stock's current price. View analysts' price targets for Tremont Mortgage Trust.

Media headlines about TRMT stock have been trending negative on Thursday, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by analyzing 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 -2.3 on InfoTrie's scale. They also gave 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 company's share price in the next few days. View the latest news about Tremont Mortgage Trust.

Tremont Mortgage Trust saw a decrease in short interest in June. As of June 30th, there was short interest totaling 158,400 shares, a decrease of 25.0% from the June 15th total of 211,300 shares. Based on an average daily trading volume, of 67,200 shares, the short-interest ratio is currently 2.4 days. Currently, 2.0% of the company's shares are short sold. View Tremont Mortgage Trust's Current Options Chain.

Some companies that are related to Tremont Mortgage Trust include Braemar Hotels & Resorts (BHR), Postal Realty Trust (PSTL), Exantas Capital (XAN), Ashford Hospitality Trust (AHT), Hunt Companies Finance Trust (HCFT), Sachem Capital (SACH), United Development Funding IV (UDFI), CBL & Associates Properties (CBL), Manhattan Bridge Capital (LOAN), Global Self Storage (SELF), SOTHERLY HOTELS/SH SH (SOHO), AMEN Properties (AMEN), Wheeler Real Estate Investment Trust (WHLR), Stanley Furniture (STLY) and Bimini Capital Managment (BMNM). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tremont Mortgage Trust investors own include Energy Transfer LP Unit (ET), NY MTG TR INC/SH (NYMT), AGNC Investment (AGNC), Ashford Hospitality Trust (AHT), Braemar Hotels & Resorts (BHR), EnLink Midstream (ENLC), MFA FINL INC/SH (MFA), NGL Energy Partners (NGL), New Residential Investment (NRZ) and Oxford Lane Capital (OXLC).

(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 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 $2.69.

Tremont Mortgage Trust has a market capitalization of $22.16 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]