TPG RE Finance Trust (TRTX) Stock Price, News & Analysis

Company Overview

TPG RE Finance Trust, Inc. (NYSE: TRTX) is a growth-oriented real estate finance company that originates and invests in a diversified portfolio of commercial real estate debt. The company’s primary business activities include the origination and acquisition of senior mortgage loans, mezzanine loans and preferred equity investments. These investments predominantly finance multifamily, office, industrial, retail and hospitality properties across the United States.

TPG RE Finance Trust pursues a flexible capital strategy, structuring transactions that range from first-lien floating-rate loans to subordinated debt and preferred equity. The company’s investment approach emphasizes risk-adjusted returns through detailed underwriting, active portfolio management and diversification by property type and sponsor. By leveraging its internal origination platform and an extensive network of real estate brokers and developers, TRTX seeks to capture attractive yields while managing credit exposure.

Headquartered in New York City, TPG RE Finance Trust commenced trading on the New York Stock Exchange in December 2019. The company is externally managed by RE Finance Advisors, LLC, an affiliate of TPG, which provides senior leadership and access to TPG’s global real estate financing expertise. The management team comprises seasoned real estate finance professionals with extensive backgrounds in loan structuring, asset management and risk oversight, positioning TRTX to capitalize on financing opportunities in major U.S. markets.

Key Stats

• Today's Range: $8.50 to $8.66
• 50-Day Range: $8.54 to $9.72
• 52-Week Range: $6.47 to $9.85
• Volume: 515,438 shs
• Average Volume: 805,695 shs
• Market Capitalization: $675.56 million
• P/E Ratio: 13.22
• Dividend Yield: 11.17%
• Price Target: $9.50
• Consensus Rating: Hold

TPG RE Finance Trust Stock Analysis - MarketRank™

TPG RE Finance Trust scored higher than 53% of companies evaluated by MarketBeat, and ranked 636th out of 923 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

TPG RE Finance Trust has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.

Upside Potential

TPG RE Finance Trust has a consensus price target of $9.50, representing about 10.5% upside from its current price of $8.60.

Amount of Analyst Coverage

TPG RE Finance Trust has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of TPG RE Finance Trust is 13.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 233.40.

Price to Earnings Ratio vs. Sector

The P/E ratio of TPG RE Finance Trust is 13.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 30.20.

Price to Earnings Growth Ratio

TPG RE Finance Trust has a PEG Ratio of 2.30. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

TPG RE Finance Trust has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

6.05% of the float of TPG RE Finance Trust has been sold short.

Short Interest Ratio / Days to Cover

TPG RE Finance Trust has a short interest ratio ("days to cover") of 6.1.

Change versus previous month

Short interest in TPG RE Finance Trust has recently decreased by 8.15%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

TPG RE Finance Trust is a leading dividend payer. It pays a dividend yield of 11.24%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

TPG RE Finance Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of TPG RE Finance Trust is 147.69%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

6.05% of the float of TPG RE Finance Trust has been sold short.

Short Interest Ratio / Days to Cover

TPG RE Finance Trust has a short interest ratio ("days to cover") of 6.1.

Change versus previous month

Short interest in TPG RE Finance Trust has recently decreased by 8.15%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.0 / 5
• News Sentiment: -0.24

News Sentiment

TPG RE Finance Trust has a news sentiment score of -0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for TPG RE Finance Trust this week, compared to 3 articles on an average week.

Search Interest

Only 5 people have searched for TRTX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added TPG RE Finance Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, TPG RE Finance Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.50% of the stock of TPG RE Finance Trust is held by insiders.

Percentage Held by Institutions

57.12% of the stock of TPG RE Finance Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TRTX Stock Analysis - Frequently Asked Questions

How have TRTX shares performed this year?

TPG RE Finance Trust's stock was trading at $8.50 on January 1st, 2025. Since then, TRTX stock has increased by 1.1% and is now trading at $8.5960.

How were TPG RE Finance Trust's earnings last quarter?

TPG RE Finance Trust, Inc. (NYSE:TRTX) issued its quarterly earnings results on Tuesday, February, 18th. The company reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.26 by $0.18. The business earned $34.74 million during the quarter, compared to analyst estimates of $27.98 million. TPG RE Finance Trust had a net margin of 21.09% and a trailing twelve-month return on equity of 6.61%.
Read the conference call transcript.

Is TPG RE Finance Trust buying back stock?

TPG RE Finance Trust's Board of Directors authorized a share buyback plan on Thursday, September 4th 2025, which authorizes the company to buy back $25,000,000 in shares, according to EventVestor. This means that the company could buy up to 3.4% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board believes its stock is undervalued.

When did TPG RE Finance Trust IPO?

TPG RE Finance Trust (TRTX) raised $226 million in an initial public offering (IPO) on Thursday, July 20th 2017. The company issued 11,000,000 shares at $20.00-$21.00 per share. BofA Merrill Lynch, Citigroup, Goldman Sachs, Wells Fargo Securities, Deutsche Bank Securities, J. P. Morgan, Morgan Stanley and Barclays served as the underwriters for the IPO and TPG Capital BD and JMP Securities were co-managers.

How do I buy shares of TPG RE Finance Trust?

Shares of TRTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of TPG RE Finance Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TPG RE Finance Trust investors own include The RMR Group (RMR), DiamondRock Hospitality (DRH), American Water Works (AWK), Waste Connections (WCN), iShares Micro-Cap ETF (IWC), AU Optronics (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 2/18/2025
• Record date for 9/30 Dividend: 9/19/2025
• Record date for 10/24 Dividend: 9/26/2025
• Ex-Dividend for 10/24 Dividend: 9/26/2025
• Dividend Payable: 9/30/2025
• Today: 10/07/2025
• Dividend Payable: 10/24/2025
• Next Earnings (Estimated): 11/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REAL ESTATE OPS
• Sub-Industry: Trading
• Current Symbol: NYSE:TRTX
• Previous Symbol: NASDAQ:TRTX
• CIK: 1630472
• Web: www.tpgrefinance.com
• Phone: (212) 601-7400
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for TPG RE Finance Trust: $9.50
• High Price Target: $11.00
• Low Price Target: $8.00
• Potential Upside/Downside: +10.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.29
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.65
• Trailing P/E Ratio: 13.22
• Forward P/E Ratio: 8.68
• P/E Growth: 2.34
• Net Income: $74.33 million
• Net Margins: 21.09%
• Pretax Margin: 21.12%
• Return on Equity: 6.61%
• Return on Assets: 1.89%

Debt

• Debt-to-Equity Ratio: 2.75
• Current Ratio: 193.29
• Quick Ratio: 193.29

Sales & Book Value

• Annual Sales: $153.12 million
• Price / Sales: 4.41
• Cash Flow: $1.25 per share
• Price / Cash Flow: 6.89
• Book Value: $13.77 per share
• Price / Book: 0.62

Miscellaneous

• Outstanding Shares: 78,591,000
• Free Float: 76,626,000
• Market Cap: $675.57 million
• Optionable: Optionable
• Beta: 1.68