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

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

Tremont Mortgage Trust announced a quarterly dividend on Thursday, January 16th. Stockholders of record on Monday, January 27th will be given a dividend of $0.22 per share on Thursday, February 20th. This represents a $0.88 annualized dividend and a dividend yield of 15.29%. The ex-dividend date is Friday, January 24th. View Tremont Mortgage Trust's Dividend History.

Tremont Mortgage Trust (NASDAQ:TRMT) announced its quarterly earnings data on Wednesday, November, 6th. The company reported $0.26 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.24 by $0.02. The business earned $2.97 million during the quarter. Tremont Mortgage Trust had a return on equity of 5.08% and a net margin of 45.96%. View Tremont Mortgage Trust's Earnings History.

Tremont Mortgage Trust is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Tremont Mortgage Trust.

Tremont Mortgage Trust will be holding an earnings conference call on Wednesday, February 19th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 brokers have issued 12-month target prices for Tremont Mortgage Trust's shares. Their forecasts range from $5.00 to $6.00. On average, they anticipate Tremont Mortgage Trust's stock price to reach $5.33 in the next twelve months. This suggests that the stock has a possible downside of 7.4%. 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.

Headlines about TRMT stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tremont Mortgage Trust earned a coverage optimism score of 0.8 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the next several days. View News Stories for Tremont Mortgage Trust.

Tremont Mortgage Trust saw a increase in short interest in January. As of January 15th, there was short interest totalling 32,400 shares, an increase of 13.7% from the December 31st total of 28,500 shares. Based on an average daily volume of 73,100 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.4% of the company's stock are short sold. View Tremont Mortgage Trust's Current Options Chain.

Some companies that are related to Tremont Mortgage Trust include Maxus Realty Trust (MRTI), CBL & Associates Properties (CBL), Ellington Residential Mortgage REIT (EARN), Sachem Capital (SACH), SOTHERLY HOTELS/SH SH (SOHO), Postal Realty Trust (PSTL), Hunt Companies Finance Trust (HCFT), Manhattan Bridge Capital (LOAN), AMEN Properties (AMEN), Global Self Storage (SELF), Spirit MTA REIT (SMTA), Medalist Diversified REIT (MDRR), Wheeler Real Estate Investment Trust (WHLR), Bimini Capital Managment (BMNM) and Global Healthcare REIT (GBCS).

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), AT&T (T), Thermo Fisher Scientific (TMO), AcelRx Pharmaceuticals (ACRX), Cara Therapeutics (CARA), Crispr Therapeutics (CRSP), Evolus (EOLS), NEWTEK Business Services (NEWT) and Opko Health (OPK).

(TRMT) raised $90 million in an 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 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.

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 $5.76.

Tremont Mortgage Trust has a market capitalization of $47.44 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]