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NYSE:TRTX

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

TPG RE Finance Trust logo
$8.98 +0.09 (+1.01%)
(As of 12/6/2024 ET)

About TPG RE Finance Trust Stock (NYSE:TRTX)

Key Stats

Today's Range
$8.87
$9.06
50-Day Range
$8.23
$9.20
52-Week Range
$5.12
$9.66
Volume
533,805 shs
Average Volume
615,439 shs
Market Capitalization
$726.75 million
P/E Ratio
13.01
Dividend Yield
10.69%
Price Target
$9.08
Consensus Rating
Moderate Buy

Company Overview

TPG RE Finance Trust, Inc., a commercial real estate finance company, originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in the United States. It invests in commercial mortgage loans; subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments; and commercial real estate collateralized loan obligations and commercial mortgage-backed securities secured by properties primarily in the multifamily, life science, mixed-use, hospitality, self storage, industrial, and retail real estate sectors. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. TPG RE Finance Trust, Inc. was incorporated in 2014 and is based in New York, New York.

TPG RE Finance Trust Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
40th Percentile Overall Score

TRTX MarketRank™: 

TPG RE Finance Trust scored higher than 40% of companies evaluated by MarketBeat, and ranked 710th out of 924 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    TPG RE Finance Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 5 buy ratings, no hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    TPG RE Finance Trust has only been the subject of 1 research reports in the past 90 days.

  • Read more about TPG RE Finance Trust's stock forecast and price target.
  • Earnings Growth

    Earnings for TPG RE Finance Trust are expected to decrease by -5.61% in the coming year, from $1.07 to $1.01 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of TPG RE Finance Trust is 13.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.11.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of TPG RE Finance Trust is 13.01, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.01.

  • Price to Earnings Growth Ratio

    TPG RE Finance Trust has a PEG Ratio of 0.25. PEG Ratios below 1 indicate that a company could be undervalued.

  • 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.

  • Percentage of Shares Shorted

    2.89% 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 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in TPG RE Finance Trust has recently increased by 3.23%, indicating that investor sentiment is decreasing.
  • Dividend Leadership

    TPG RE Finance Trust is a leading dividend payer. It pays a dividend yield of 10.62%, 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 139.13%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, TPG RE Finance Trust will have a dividend payout ratio of 95.05% in the coming year. This indicates that TPG RE Finance Trust may not be able to sustain their current dividend.

  • Read more about TPG RE Finance Trust's dividend.
  • Percentage of Shares Shorted

    2.89% 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 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in TPG RE Finance Trust has recently increased by 3.23%, indicating that investor sentiment is decreasing.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for TPG RE Finance Trust this week, compared to 1 article on an average week.
  • Search Interest

    Only 2 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

    3 people have added TPG RE Finance Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • 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.

  • Read more about TPG RE Finance Trust's insider trading history.
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TRTX Stock News Headlines

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TPG RE Finance Trust Reports Strong Q3 2024 Earnings
TPG RE Finance Trust Earnings Preview
See More Headlines

TRTX Stock Analysis - Frequently Asked Questions

TPG RE Finance Trust's stock was trading at $6.50 at the beginning of the year. Since then, TRTX stock has increased by 38.2% and is now trading at $8.98.
View the best growth stocks for 2024 here
.

TPG RE Finance Trust, Inc. (NYSE:TRTX) announced its quarterly earnings data on Tuesday, February, 21st. The company reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.15 by $0.15. The company had revenue of $101.17 million for the quarter, compared to the consensus estimate of $33.91 million. TPG RE Finance Trust had a negative trailing twelve-month return on equity of 7.50% and a net margin of 19.65%.

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 a price of $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 acted as the underwriters for the IPO and TPG Capital BD and JMP Securities were co-managers.

Top institutional investors of TPG RE Finance Trust include Citigroup Inc. (2.35%), State Street Corp (1.90%), Geode Capital Management LLC (1.80%) and Two Sigma Advisers LP (1.58%). Insiders that own company stock include Starwood Capital Group Global and China Investment Corp.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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), AUO (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

Last Earnings
2/21/2023
Ex-Dividend for 10/25 Dividend
9/27/2024
Dividend Payable
10/25/2024
Today
12/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Previous Symbol
NASDAQ:TRTX
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.08
High Stock Price Target
$11.00
Low Stock Price Target
$6.50
Potential Upside/Downside
+0.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$-116,630,000.00
Pretax Margin
19.83%

Debt

Sales & Book Value

Annual Sales
$390.25 million
Book Value
$14.47 per share

Miscellaneous

Free Float
78,905,000
Market Cap
$732.42 million
Optionable
Optionable
Beta
2.17
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This page (NYSE:TRTX) was last updated on 12/6/2024 by MarketBeat.com Staff
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