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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPG RE Finance Trust in the last twelve months. There are currently 4 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TRTX shares.
View TRTX analyst ratings or view top-rated stocks.

6 brokerages have issued 12 month price targets for TPG RE Finance Trust's stock. Their TRTX share price forecasts range from $7.00 to $13.00. On average, they predict the company's stock price to reach $8.90 in the next year. This suggests a possible upside of 21.9% from the stock's current price.
View analysts price targets for TRTX or view top-rated stocks among Wall Street analysts.

TPG RE Finance Trust's stock was trading at $6.79 at the start of the year. Since then, TRTX shares have increased by 7.5% and is now trading at $7.30.
View the best growth stocks for 2023 here.

TPG RE Finance Trust saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,280,000 shares, an increase of 21.9% from the April 30th total of 1,050,000 shares. Based on an average daily volume of 441,400 shares, the short-interest ratio is presently 2.9 days. Approximately 2.1% of the shares of the company are sold short.
View TPG RE Finance Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our TRTX earnings forecast.

TPG RE Finance Trust, Inc. (NYSE:TRTX) announced its quarterly earnings results on Tuesday, November, 2nd. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.30 by $0.03. TPG RE Finance Trust had a negative net margin of 22.73% and a positive trailing twelve-month return on equity of 6.49%. During the same period in the previous year, the company posted $0.42 earnings per share.

TPG RE Finance Trust announced a quarterly dividend on Tuesday, March 14th. Stockholders of record on Wednesday, March 29th will be paid a dividend of $0.24 per share on Tuesday, April 25th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 13.15%. The ex-dividend date of this dividend is Tuesday, March 28th.
Read our dividend analysis for TRTX.

ETFs with the largest weight of TPG RE Finance Trust (NYSE:TRTX) stock in their portfolio include Invesco KBW High Dividend Yield Financial ETF (KBWD), InfraCap Equity Income Fund ETF (ICAP), Hoya Capital High Dividend Yield ETF (RIET) and iShares Mortgage Real Estate ETF (REM).Invesco Raymond James SB-1 Equity ETF (RYJ).

TPG RE Finance Trust (NYSE:TRTX) pays an annual dividend of $0.96 per share and currently has a dividend yield of 13.30%. TRTX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for TRTX.

Based on aggregate information from My MarketBeat watchlists, some companies that other TPG RE Finance Trust investors own include New Residential Investment (NRZ), General Electric (GE), Starwood Property Trust (STWD), Two Harbors Investment (TWO), Chimera Investment (CIM), Ladder Capital (LADR), AGNC Investment (AGNC), Apple Hospitality REIT (APLE), Invesco Mortgage Capital (IVR) and Wells Fargo & Company (WFC).

(TRTX) raised $226 million in an 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.

TPG RE Finance Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRTX."

TPG RE Finance Trust's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.11%), Citigroup Inc. (2.41%), State Street Corp (2.01%), Geode Capital Management LLC (1.60%), Charles Schwab Investment Management Inc. (1.18%) and Bank of America Corp DE (1.09%). Insiders that own company stock include China Investment Corp and Group Holdings (Sbs) Advis Tpg.
View institutional ownership trends.

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

One share of TRTX stock can currently be purchased for approximately $7.30.

TPG RE Finance Trust (NYSE:TRTX) has a market capitalization of $565.12 million and generates $143.62 million in revenue each year. The company earns $-60,070,000.00 in net income (profit) each year or ($1.16) on an earnings per share basis.

TPG RE Finance Trust's mailing address is 888 SEVENTH AVENUE 35TH FLOOR, NEW YORK NY, 10106. The official website for the company is www.tpgrefinance.com. The company can be reached via phone at (212) 601-7400 or via email at ir@tpgrefinance.com.