NYSE:TRTX TPG RE Finance Trust (TRTX) Stock Forecast, Price & News $7.30 -0.03 (-0.41%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$7.21▼$7.3450-Day Range$5.36▼$7.5352-Week Range$5.14▼$11.03Volume218,171 shsAverage Volume475,790 shsMarket Capitalization$565.09 millionP/E RatioN/ADividend Yield13.15%Price Target$8.90 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media TPG RE Finance Trust MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside21.9% Upside$8.90 Price TargetShort InterestHealthy2.12% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.24Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth78.85%From $0.52 to $0.93 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.30 out of 5 starsFinance Sector471st out of 857 stocksReal Estate Investment Trusts Industry97th out of 190 stocks 2.3 Analyst's Opinion Consensus RatingTPG RE Finance Trust has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.90, TPG RE Finance Trust has a forecasted upside of 21.9% from its current price of $7.30.Amount of Analyst CoverageTPG RE Finance Trust has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.12% of the float of TPG RE Finance Trust has been sold short.Short Interest Ratio / Days to CoverTPG 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 monthShort interest in TPG RE Finance Trust has recently increased by 21.90%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipTPG RE Finance Trust is a leading dividend payer. It pays a dividend yield of 13.10%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTPG RE Finance Trust does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, TPG RE Finance Trust will have a dividend payout ratio of 103.23% in the coming year. This indicates that TPG RE Finance Trust may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TRTX. Previous Next 3.5 News and Social Media Coverage News SentimentTPG RE Finance Trust has a news sentiment score of 1.24. 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 higher news sentiment than the 0.75 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for TPG RE Finance Trust this week, compared to 1 article on an average week.Search Interest6 people have searched for TRTX on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added TPG RE Finance Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TPG RE Finance Trust insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.20% of the stock of TPG RE Finance Trust is held by insiders.Percentage Held by Institutions56.86% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for TPG RE Finance Trust are expected to grow by 78.85% in the coming year, from $0.52 to $0.93 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TPG RE Finance Trust is -6.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of TPG RE Finance Trust is -6.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioTPG RE Finance Trust has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About TPG RE Finance Trust (NYSE:TRTX) StockTPG RE Finance Trust, Inc. is a holding company, which engages in the provision of commercial real estate finance services. It originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in North America. The company was founded on October 24, 2014 and is headquartered in New York, NY.Read More Receive TRTX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TPG RE Finance Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address TRTX Stock News HeadlinesJune 6, 2023 | americanbankingnews.comBrokerages Set TPG RE Finance Trust, Inc. (NYSE:TRTX) Price Target at $8.90June 5, 2023 | finance.yahoo.comTPG RE Finance Trust, Inc. to Present at Nareit’s REITweek: 2023 Investor ConferenceJune 10, 2023 | Vantage Point (Ad)Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. June 4, 2023 | americanbankingnews.comHead-To-Head Comparison: TPG RE Finance Trust (NYSE:TRTX) vs. Hammerson (OTCMKTS:HMSNF)May 30, 2023 | finance.yahoo.comSeeking at Least 15% Dividend Yield? Raymond James Suggests 2 Dividend Stocks to BuyMay 15, 2023 | americanbankingnews.comRaymond James Trims TPG RE Finance Trust (NYSE:TRTX) Target Price to $9.00May 12, 2023 | americanbankingnews.comTPG RE Finance Trust, Inc. (NYSE:TRTX) Receives $9.30 Consensus PT from BrokeragesMay 4, 2023 | markets.businessinsider.comAnalyst Expectations for TPG RE Finance Trust's FutureJune 10, 2023 | Vantage Point (Ad)Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. May 4, 2023 | msn.comWells Fargo Maintains TPG RE Finance Trust (TRTX) Overweight RecommendationMay 4, 2023 | finance.yahoo.comQ1 2023 TPG RE Finance Trust Inc Earnings CallMay 2, 2023 | finance.yahoo.comTPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2023May 1, 2023 | msn.comEarnings Outlook For TPG RE Finance TrustMay 1, 2023 | americanbankingnews.comTPG RE Finance Trust (TRTX) to Release Earnings on TuesdayApril 28, 2023 | finance.yahoo.comMultiple insiders bought TPG RE Finance Trust, Inc. (NYSE:TRTX) stock earlier this year, a positive sign for shareholdersApril 26, 2023 | americanbankingnews.comTPG RE Finance Trust (NYSE:TRTX) Price Target Cut to $7.50April 26, 2023 | americanbankingnews.comTPG RE Finance Trust (NYSE:TRTX) Shares Gap Down After Analyst DowngradeApril 19, 2023 | finance.yahoo.comTPG RE Finance Trust, Inc. Announces First Quarter 2023 Earnings Release and Conference Call DatesApril 14, 2023 | americanbankingnews.comTPG RE Finance Trust, Inc. (NYSE:TRTX) Given Consensus Rating of "Moderate Buy" by BrokeragesApril 6, 2023 | americanbankingnews.comTPG RE Finance Trust (NYSE:TRTX) Price Target Cut to $7.00April 6, 2023 | americanbankingnews.comCitigroup Cuts TPG RE Finance Trust (NYSE:TRTX) Price Target to $7.00March 27, 2023 | americanbankingnews.comTPG RE Finance Trust, Inc. (NYSE:TRTX) Announces $0.24 Quarterly DividendMarch 25, 2023 | americanbankingnews.comTPG RE Finance Trust, Inc. (NYSE:TRTX) Receives Consensus Rating of "Moderate Buy" from AnalystsMarch 23, 2023 | benzinga.comTPG RE Finance Trust's Ex-Dividend Date Is Tuesday, Here's What You Need To KnowMarch 14, 2023 | benzinga.comTPG RE Finance Trust Stock (NYSE:TRTX), Guidance and ForecastFebruary 28, 2023 | seekingalpha.comTPG RE Finance Trust: 13% Jump In One Week, 11% Dividend, And 23% More UpsideFebruary 21, 2023 | chron.comTPG RE Finance Trust: Q4 Earnings SnapshotSee More Headlines TRTX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRTX Company Calendar Last Earnings11/02/2021Ex-Dividend for 4/25 Dividend3/28/2023Dividend Payable4/25/2023Today6/10/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:TRTX Previous SymbolNASDAQ:TRTX CUSIPN/A CIK1630472 Webwww.tpgrefinance.com Phone(212) 601-7400FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$8.90 High Stock Price Forecast$13.00 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+21.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($1.16) Trailing P/E RatioN/A Forward P/E Ratio14.04 P/E GrowthN/ANet Income$-60,070,000.00 Net Margins-22.73% Pretax Margin-22.55% Return on Equity6.49% Return on Assets1.59% Debt Debt-to-Equity Ratio2.65 Current Ratio143.39 Quick Ratio143.39 Sales & Book Value Annual Sales$143.62 million Price / Sales3.93 Cash FlowN/A Price / Cash FlowN/A Book Value$17.08 per share Price / Book0.43Miscellaneous Outstanding Shares77,414,000Free Float75,711,000Market Cap$565.12 million OptionableOptionable Beta1.86 Key ExecutivesDoug BouquardChief Executive Officer & DirectorMatthew ColemanPresidentRobert R. FoleyChief Financial OfficerPeter SmithChief Investment Officer & Vice PresidentDeborah GinsbergSecretary, Vice President & General CounselKey CompetitorsAres Commercial Real EstateNYSE:ACREGlobal Medical REITNYSE:GMREGladstone LandNASDAQ:LANDUniversal Health Realty Income TrustNYSE:UHTFarmland PartnersNYSE:FPIView All CompetitorsInstitutional OwnershipAmeriprise Financial Inc.Bought 26,900 shares on 5/22/2023Ownership: 0.088%Putnam Investments LLCSold 2,445 shares on 5/22/2023Ownership: 0.074%JPMorgan Chase & Co.Sold 265,154 shares on 5/18/2023Ownership: 0.299%New York State Common Retirement FundSold 10,659 shares on 5/18/2023Ownership: 0.050%Graham Capital Management L.P.Bought 20,181 shares on 5/16/2023Ownership: 0.097%View All Institutional Transactions TRTX Stock - Frequently Asked Questions Should I buy or sell TPG RE Finance Trust stock right now? 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. What is TPG RE Finance Trust's stock price forecast for 2023? 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. How have TRTX shares performed in 2023? 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. Are investors shorting TPG RE Finance Trust? 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. When is TPG RE Finance Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our TRTX earnings forecast. How were TPG RE Finance Trust's earnings last quarter? 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. How often does TPG RE Finance Trust pay dividends? What is the dividend yield for TPG RE Finance Trust? 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. What ETFs hold TPG RE Finance Trust's stock? 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). Is TPG RE Finance Trust a good dividend stock? 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. What other stocks do shareholders of TPG RE Finance Trust own? 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). When did TPG RE Finance Trust IPO? (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. What is TPG RE Finance Trust's stock symbol? TPG RE Finance Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRTX." Who are TPG RE Finance Trust's major shareholders? 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. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is TPG RE Finance Trust's stock price today? One share of TRTX stock can currently be purchased for approximately $7.30. How much money does TPG RE Finance Trust make? 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. How can I contact TPG RE Finance Trust? 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. This page (NYSE:TRTX) was last updated on 6/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding TPG RE Finance Trust, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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