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NYSE:TRTX

TPG RE Finance Trust Stock Forecast, Price & News

$10.81
+0.06 (+0.56 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$10.55
Now: $10.81
$10.90
50-Day Range
$7.73
MA: $8.72
$11.00
52-Week Range
$2.45
Now: $10.81
$21.30
Volume469,300 shs
Average Volume1.08 million shs
Market Capitalization$829.74 million
P/E RatioN/A
Dividend Yield7.40%
Beta1.81
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 North America. 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 office, mixed use, multifamily, industrial, retail, and hospitality 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 founded in 2014 and is based in New York, New York.
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TPG RE Finance Trust logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.5Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.16 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Previous SymbolNASDAQ:TRTX
CUSIPN/A
Phone212-601-4700
EmployeesN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$341.57 million
Cash Flow$2.41 per share
Book Value$20.61 per share

Profitability

Net Income$126.31 million

Miscellaneous

Market Cap$829.74 million
Next Earnings Date2/16/2021 (Estimated)
OptionableOptionable
$10.81
+0.06 (+0.56 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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TPG RE Finance Trust (NYSE:TRTX) Frequently Asked Questions

How has TPG RE Finance Trust's stock price been impacted by COVID-19?

TPG RE Finance Trust's stock was trading at $16.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TRTX stock has decreased by 35.3% and is now trading at $10.81.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of TPG RE Finance Trust?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPG RE Finance Trust in the last year. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for TPG RE Finance Trust
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than TPG RE Finance Trust?

Wall Street analysts have given TPG RE Finance Trust a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but TPG RE Finance Trust wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is TPG RE Finance Trust's next earnings date?

TPG RE Finance Trust is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 2021.
View our earnings forecast for TPG RE Finance Trust
.

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

TPG RE Finance Trust, Inc. (NYSE:TRTX) released its quarterly earnings data on Wednesday, July, 29th. The company reported $0.52 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.22 by $0.30. The firm earned $44.31 million during the quarter, compared to analysts' expectations of $35.58 million. TPG RE Finance Trust had a negative net margin of 38.46% and a negative return on equity of 6.13%.
View TPG RE Finance Trust's earnings history
.

How often does TPG RE Finance Trust pay dividends? What is the dividend yield for TPG RE Finance Trust?

TPG RE Finance Trust declared a quarterly dividend on Tuesday, September 15th. Stockholders of record on Friday, September 25th will be paid a dividend of $0.20 per share on Friday, October 23rd. This represents a $0.80 dividend on an annualized basis and a yield of 7.40%. The ex-dividend date of this dividend is Thursday, September 24th.
View TPG RE Finance Trust's dividend history
.

What price target have analysts set for TRTX?

5 analysts have issued 12-month price targets for TPG RE Finance Trust's stock. Their forecasts range from $7.50 to $21.50. On average, they expect TPG RE Finance Trust's share price to reach $11.80 in the next year. This suggests a possible upside of 9.2% from the stock's current price.
View analysts' price targets for TPG RE Finance Trust
.

Are investors shorting TPG RE Finance Trust?

TPG RE Finance Trust saw a decline in short interest in October. As of October 15th, there was short interest totaling 1,170,000 shares, a decline of 16.4% from the September 30th total of 1,400,000 shares. Based on an average daily trading volume, of 396,600 shares, the days-to-cover ratio is currently 3.0 days. Currently, 1.9% of the company's shares are short sold.
View TPG RE Finance Trust's Short Interest
.

Who are some of TPG RE Finance Trust's key competitors?

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

Who are TPG RE Finance Trust's key executives?

TPG RE Finance Trust's management team includes the following people:
  • Ms. Greta Guggenheim, CEO & Director (Age 61)
  • Mr. Matthew J. Coleman, Pres (Age 43)
  • Mr. Robert R. Foley, Chief Financial Officer (Age 60, Pay $326k)
  • Mr. Peter Smith, Chief Investment Officer & VP (Age 54)
  • Ms. Deborah Ginsberg, VP, Gen. Counsel & Corp. Sec. (Age 41)
  • Ms. Evelyn Infurna, Investor Relations

When did TPG RE Finance Trust IPO?

(TRTX) raised $226 million in an initial public offering 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 acted 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 a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.27%), Timbercreek Investment Management Inc. (2.79%), State Street Corp (1.91%), Arrowstreet Capital Limited Partnership (1.34%), JPMorgan Chase & Co. (0.65%) and WINTON GROUP Ltd (0.56%). Company insiders that own TPG RE Finance Trust stock include Greta Guggenheim, Group Holdings (Sbs) Advis Tpg, Michael Gillmore and Peter A Smith.
View institutional ownership trends for TPG RE Finance Trust
.

Which major investors are selling TPG RE Finance Trust stock?

TRTX stock was sold by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, Nisa Investment Advisors LLC, State Street Corp, JPMorgan Chase & Co., Cubist Systematic Strategies LLC, New York State Common Retirement Fund, Wells Fargo & Company MN, and Virginia Retirement Systems ET AL.
View insider buying and selling activity for TPG RE Finance Trust
.

Which major investors are buying TPG RE Finance Trust stock?

TRTX stock was acquired by a variety of institutional investors in the last quarter, including Timbercreek Investment Management Inc., Arrowstreet Capital Limited Partnership, BlackRock Inc., Thrivent Financial for Lutherans, Relative Value Partners Group LLC, Connor Clark & Lunn Investment Management Ltd., Paloma Partners Management Co, and Keebeck Alpha LP. Company insiders that have bought TPG RE Finance Trust stock in the last two years include Greta Guggenheim, Group Holdings (Sbs) Advis Tpg, Michael Gillmore, and Peter A Smith.
View insider buying and selling activity for TPG RE Finance Trust
.

How do I buy shares of TPG RE Finance Trust?

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

What is TPG RE Finance Trust's stock price today?

One share of TRTX stock can currently be purchased for approximately $10.81.

How big of a company is TPG RE Finance Trust?

TPG RE Finance Trust has a market capitalization of $829.74 million and generates $341.57 million in revenue each year. The company earns $126.31 million in net income (profit) each year or $1.76 on an earnings per share basis.

What is TPG RE Finance Trust's official website?

The official website for TPG RE Finance Trust is www.tpgrefinance.com.

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 company can be reached via phone at 212-601-4700 or via email at [email protected]

This page was last updated on 11/30/2020 by MarketBeat.com Staff

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