NASDAQ:TRMT

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

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$5.09
$5.49
50-Day Range
$5.65
$6.03
52-Week Range
$2.75
$6.60
Volume
554,770 shs
Average Volume
26,628 shs
Market Capitalization
$43.38 million
P/E Ratio
6.69
Dividend Yield
13.03%
Price Target
N/A
TRMT stock logo

About Tremont Mortgage Trust Stock (NASDAQ:TRMT)

Tremont Mortgage Trust operates as a real estate investment trust. It focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate properties. The company was founded on June 1, 2017 and is headquartered in Newton, MA.

TRMT Stock News Headlines

PennyMac Mortgage Investment Trust PMT
Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Claros Mortgage Trust Inc CMTG
TRMT Historical Data
GPMT Granite Point Mortgage Trust Inc.
Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
BXMT Blackstone Mortgage Trust, Inc.
Blackstone Mortgage Trust
'Tunnel rats' and an engineering marvel
See More Headlines
Receive TRMT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Tremont Mortgage Trust and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
7/27/2021
Today
4/25/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real Estate Investment Trusts
Sub-Industry
N/A
Current Symbol
NASDAQ:TRMT
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$8.85 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$18.03 million
Cash Flow
$0.82 per share
Book Value
$10.71 per share

Miscellaneous

Free Float
N/A
Market Cap
$43.38 million
Optionable
Not Optionable
Beta
1.94
These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report

Key Executives

  • Thomas J. Lorenzini
    President
  • Gerald Douglas Lanois
    Treasurer, Chief Financial & Accounting Officer
  • Jennifer Babbin Clark
    Secretary, Executive VP & General Counsel
  • Joselyn Fine
    Manager-Investor Relations

TRMT Stock Analysis - Frequently Asked Questions

How were Tremont Mortgage Trust's earnings last quarter?

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

Is Tremont Mortgage Trust a good dividend stock?

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.

What other stocks do shareholders of Tremont Mortgage Trust own?

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).

When did Tremont Mortgage Trust IPO?

Tremont Mortgage Trust (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.

This page (NASDAQ:TRMT) was last updated on 4/25/2024 by MarketBeat.com Staff

From Our Partners