S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
Stock market today: Japan's Nikkei tops 40,000, as investors await China political meeting
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
Stock market today: Japan's Nikkei tops 40,000, as investors await China political meeting
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
Stock market today: Japan's Nikkei tops 40,000, as investors await China political meeting
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
Stock market today: Japan's Nikkei tops 40,000, as investors await China political meeting

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

$7.55
+0.07 (+0.94%)
(As of 03/1/2024 ET)
Today's Range
$7.39
$7.61
50-Day Range
$5.18
$7.55
52-Week Range
$4.64
$8.81
Volume
740,164 shs
Average Volume
902,261 shs
Market Capitalization
$587.92 million
P/E Ratio
N/A
Dividend Yield
12.72%
Price Target
$7.50

TPG RE Finance Trust MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
0.7% Downside
$7.50 Price Target
Short Interest
Healthy
3.96% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
34.67%
From $0.75 to $1.01 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.09 out of 5 stars

Finance Sector

637th out of 844 stocks

Real Estate Investment Trusts Industry

139th out of 174 stocks


TRTX stock logo

About TPG RE Finance Trust Stock (NYSE:TRTX)

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.

TRTX Stock Price History

TRTX Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
TRTX Mar 2024 10.000 put
Q4 2023 TPG RE Finance Trust Inc Earnings Call
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
TPG RE Finance Trust
TPG RE Finance Trust, Inc. (TRTX-PC)
RMR Group (RMR) Q1 Earnings and Revenues Beat Estimates
TRTX.PR.C TPG RE Finance Trust, Inc. 6.25% RED PFD C
TPG RE Finance Trust Inc.
See More Headlines
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Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 1/25 Dividend
12/28/2023
Dividend Payable
1/25/2024
Today
3/03/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$7.50
High Stock Price Target
$9.00
Low Stock Price Target
$6.00
Potential Upside/Downside
-0.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-116,630,000.00
Pretax Margin
-99.98%

Debt

Sales & Book Value

Annual Sales
$390.25 million
Book Value
$14.44 per share

Miscellaneous

Free Float
76,156,000
Market Cap
$587.92 million
Optionable
Optionable
Beta
2.10
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TRTX Stock Analysis - Frequently Asked Questions

Should I buy or sell TPG RE Finance Trust stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPG RE Finance Trust in the last twelve months. There are currently 1 hold rating, 2 buy ratings 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 target for 2024?

4 brokerages have issued 12-month price targets for TPG RE Finance Trust's shares. Their TRTX share price targets range from $6.00 to $9.00. On average, they anticipate the company's stock price to reach $7.50 in the next twelve months. This suggests that the stock has a possible downside of 0.7%.
View analysts price targets for TRTX
or view top-rated stocks among Wall Street analysts.

How have TRTX shares performed in 2024?

TPG RE Finance Trust's stock was trading at $6.50 at the beginning of the year. Since then, TRTX shares have increased by 16.2% and is now trading at $7.55.
View the best growth stocks for 2024 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our TRTX earnings forecast
.

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

TPG RE Finance Trust, Inc. (NYSE:TRTX) posted its earnings results on Tuesday, November, 2nd. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.03. TPG RE Finance Trust had a negative trailing twelve-month return on equity of 21.48% and a negative net margin of 30.16%. During the same period in the prior year, the business earned $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 Monday, December 18th. Stockholders of record on Friday, December 29th will be paid a dividend of $0.24 per share on Thursday, January 25th. This represents a $0.96 dividend on an annualized basis and a yield of 12.72%. The ex-dividend date of this dividend is Thursday, December 28th.
Read our dividend analysis for TRTX
.

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 12.72%. 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 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) and Hoya Capital High Dividend Yield ETF (RIET).iShares Mortgage Real Estate ETF (REM).

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

(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.

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 Vanguard Group Inc. (6.05%), Goldman Sachs Group Inc. (3.84%), Goldman Sachs Group Inc. (3.83%), Nan Shan Life Insurance Co. Ltd. (3.67%), Charles Schwab Investment Management Inc. (1.58%) and Hotchkis & Wiley Capital Management LLC (1.17%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:TRTX) was last updated on 3/3/2024 by MarketBeat.com Staff