Tremont Mortgage Trust (TRMT) Stock Price, News & Analysis

Tremont Mortgage Trust (NASDAQ:TRMT) posted its earnings results on Tuesday, July, 27th. The company reported $0.25 EPS for the quarter, hitting analysts' consensus estimates of $0.25. Tremont Mortgage Trust had a net margin of 44.74% and a trailing twelve-month return on equity of 9.98%.

Tremont Mortgage Trust (NASDAQ:TRMT) pays an annual dividend of $0.68 per share and currently has a dividend yield of 11.95%. TRMT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 72.34%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TRMT.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tremont Mortgage Trust investors own include Energy Transfer (ET), New York Mortgage Trust (NYMT), MFA Financial (MFA), AGNC Investment (AGNC), Ashford Hospitality Trust (AHT), Braemar Hotels & Resorts (BHR), EnLink Midstream (ENLC) and Kimbell Royalty Partners (KRP).

Tremont Mortgage Trust (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 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.