NASDAQ:TRMTTremont Mortgage Trust Stock Price, Forecast & News

Tremont Mortgage Trust's stock was trading at $4.32 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TRMT shares have decreased by 50.7% and is now trading at $2.13. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tremont Mortgage Trust in the last year. There are currently 2 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 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.19 by $0.02. The business earned $2.53 million during the quarter. Tremont Mortgage Trust had a return on equity of 6.87% and a net margin of 54.00%. View Tremont Mortgage Trust's earnings history.

Tremont Mortgage Trust announced a quarterly dividend on Wednesday, April 1st. Shareholders 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 annualized dividend and a yield of 1.88%. The ex-dividend date is Wednesday, April 8th. View Tremont Mortgage Trust's dividend history.

2 analysts have issued 1 year price objectives for Tremont Mortgage Trust's stock. Their forecasts range from $2.50 to $6.00. On average, they anticipate Tremont Mortgage Trust's stock price to reach $4.25 in the next twelve months. This suggests a possible upside of 99.5% from the stock's current price. View analysts' price targets for Tremont Mortgage Trust.

Headlines about TRMT stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tremont Mortgage Trust earned a news impact score of -1.6 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutTremont Mortgage Trust.

Tremont Mortgage Trust saw a increase in short interest in May. As of May 15th, there was short interest totaling 205,600 shares, an increase of 168.4% from the April 30th total of 76,600 shares. Based on an average trading volume of 72,600 shares, the short-interest ratio is currently 2.8 days. Approximately 2.5% 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 Cedar Realty Trust (CDR), Exantas Capital (XAN), CBL & Associates Properties (CBL), Hunt Companies Finance Trust (HCFT), Sachem Capital (SACH), Manhattan Bridge Capital (LOAN), United Development Funding IV (UDFI), SOTHERLY HOTELS/SH SH (SOHO), Global Self Storage (SELF), Spirit MTA REIT (SMTA), AMEN Properties (AMEN), Wheeler Real Estate Investment Trust (WHLR), Medalist Diversified REIT (MDRR), 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 initial public offering (IPO) 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 trades on the NASDAQ under the ticker symbol "TRMT."

Tremont Mortgage Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include Almitas Capital LLC (3.26%) and Bank of New York Mellon Corp (0.85%). 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 purchased by a variety of institutional investors in the last quarter, including Almitas Capital LLC, and Bank of New York Mellon Corp. 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 activity 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 $2.13.

Tremont Mortgage Trust has a market capitalization of $17.55 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]