Tremont Mortgage Trust is a real estate investment trust. The Company is focused primarily on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate (CRE). Its investments also include subordinated mortgages, mezzanine loans and preferred equity interests in entities that own middle market and transitional CRE. It invests in first mortgage loans that provide financing on transitional CRE properties. It also invests in subordinated loans, which includes subordinated mortgage loans and junior participations in first mortgage loans. The Company originates commercial real estate financing transactions for its clients. As of March 31, 2017, the Company had originated for its clients 437 real estate financing transactions, which primarily comprised of middle market CRE loans, for properties located across the United States. The Company's investment manager is Tremont Realty Advisors LLC.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:TRMT
CUSIPN/A
Phone617-796-8317
Debt
Debt-to-Equity RatioN/A
Current Ratio82.20
Quick Ratio82.20
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$220,000.00
Price / Sales182.11
Cash FlowN/A
Price / CashN/A
Book Value$19.64 per share
Price / Book0.65
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
EmployeesN/A
Outstanding Shares3,130,000
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 were Tremont Mortgage Trust's earnings last quarter?
Tremont Mortgage Trust (NASDAQ:TRMT) announced its quarterly earnings data on Monday, May, 14th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.11) by $0.20. The firm earned $0.20 million during the quarter. View Tremont Mortgage Trust's Earnings History.
When is Tremont Mortgage Trust's next earnings date?
What price target have analysts set for TRMT?
2 brokerages have issued 1 year target prices for Tremont Mortgage Trust's stock. Their forecasts range from $17.00 to $21.00. On average, they anticipate Tremont Mortgage Trust's stock price to reach $19.00 in the next year. View Analyst Ratings for Tremont Mortgage Trust.
Who are some of Tremont Mortgage Trust's key competitors?
Some companies that are related to Tremont Mortgage Trust include Ellington Residential Mortgage REIT (EARN), Maxus Realty Trust (MRTI), SOTHERLY HOTELS/SH SH (SOHO), United Development Funding IV (UDFI), Five Oaks Investment (OAKS), Hunt Companies Finance Trust (HCFT), Manhattan Bridge Capital (LOAN), Sachem Capital (SACH), AMEN Properties (AMEN), Reven Housing Reit (RVEN), Wheeler Real Estate Investment Trust (WHLR), Global Self Storage (SELF), Bimini Capital Managment (BMNM), Vestin Realty Mortgage II (VRTB) and Global Healthcare REIT, Inc. Common Stock (GBCS).
When did Tremont Mortgage Trust IPO?
(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 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.
Has Tremont Mortgage Trust been receiving favorable news coverage?
Headlines about TRMT stock have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tremont Mortgage Trust earned a news sentiment score of 0.13 on Accern's scale. They also assigned media headlines about the company an impact score of 46.20 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Tremont Mortgage Trust's major shareholders?
Which institutional investors are selling Tremont Mortgage Trust stock?
Which institutional investors are buying Tremont Mortgage Trust stock?
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, Scottrade, Fidelity and Charles Schwab.
What is Tremont Mortgage Trust's stock price today?
One share of TRMT stock can currently be purchased for approximately $12.80.
How big of a company is Tremont Mortgage Trust?
Tremont Mortgage Trust has a market capitalization of $39.89 million and generates $220,000.00 in revenue each year.
How can I contact Tremont Mortgage Trust?
Tremont Mortgage Trust's mailing address is Two Newton Place 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 (TRMT)
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.
