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
Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:TRMT
CUSIPN/A
Phone617-796-8317
Debt
Debt-to-Equity RatioN/A
Current Ratio45.40
Quick Ratio45.40
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 / Sales160.57
Cash FlowN/A
Price / CashN/A
Book Value$19.64 per share
Price / Book0.57
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-1,290,000.00
Net MarginsN/A
Return on Equity-4.99%
Return on Assets-4.91%
Miscellaneous
EmployeesN/A
Outstanding Shares3,140,000
Market Cap$35.12 million
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) issued its quarterly earnings results on Friday, August, 10th. The company reported ($0.25) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by $0.20. The firm earned $0.43 million during the quarter. View Tremont Mortgage Trust's Earnings History.
When is Tremont Mortgage Trust's next earnings date?
Who are some of Tremont Mortgage Trust's key competitors?
Some companies that are related to Tremont Mortgage Trust include Maxus Realty Trust (MRTI), Ellington Residential Mortgage REIT (EARN), United Development Funding IV (UDFI), SOTHERLY HOTELS/SH SH (SOHO), Hunt Companies Finance Trust (HCFT), Five Oaks Investment (OAKS), Manhattan Bridge Capital (LOAN), Sachem Capital (SACH), Reven Housing Reit (RVEN), AMEN Properties (AMEN), Wheeler Real Estate Investment Trust (WHLR), Bimini Capital Managment (BMNM), Global Self Storage (SELF), Global Healthcare REIT (GBCS) and RAIT Financial Trust (RASF).
Who are Tremont Mortgage Trust's key executives?
Tremont Mortgage Trust's management team includes the folowing people:
- Mr. David M. Blackman, CEO & Managing Trustee (Age 55)
- Mr. Daniel O. Mee, Co-Pres & COO (Age 58)
- Mr. Richard C. Gallitto, Co-Pres & Chief Investment Officer (Age 58)
- Mr. G. Douglas Lanois, CFO & Treasurer (Age 57)
- Mr. Christopher Ranjitkar, Director of Investor Relations
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 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.
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 $11.1748.
How big of a company is Tremont Mortgage Trust?
Tremont Mortgage Trust has a market capitalization of $35.12 million and generates $220,000.00 in revenue each year.
What is Tremont Mortgage Trust's official website?
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)
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.
