NYSE:TRTX - TPG RE Finance Trust Stock Price, News, & Analysis

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$20.05 +0.11 (+0.55 %)
(As of 10/17/2018 12:49 PM ET)
Previous Close$19.94
Today's Range$19.89 - $20.05
52-Week Range$18.22 - $21.05
Volume1,174 shs
Average Volume241,551 shs
Market Capitalization$1.32 billion
P/E Ratio11.48
Dividend Yield8.90%
Beta-0.44
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; and subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments 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 incorporated in 2014 and is based in New York, New York.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:TRTX
CUSIPN/A
Phone212-601-4700

Debt

Debt-to-Equity Ratio2.25
Current Ratio18.34
Quick Ratio18.34

Price-To-Earnings

Trailing P/E Ratio11.48
Forward P/E Ratio11.39
P/E Growth2.28

Sales & Book Value

Annual Sales$200.60 million
Price / Sales6.60
Cash Flow$1.4561 per share
Price / Cash13.77
Book Value$20.15 per share
Price / Book1.00

Profitability

EPS (Most Recent Fiscal Year)$1.74
Net Income$94.35 million
Net Margins43.06%
Return on Equity8.10%
Return on Assets2.71%

Miscellaneous

EmployeesN/A
Outstanding Shares66,040,000
Market Cap$1.32 billion

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

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."

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 18th. Investors of record on Friday, September 28th will be given a dividend of $0.43 per share on Thursday, October 25th. This represents a $1.72 annualized dividend and a yield of 8.58%. The ex-dividend date is Thursday, September 27th. View TPG RE Finance Trust's Dividend History.

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

TPG RE Finance Trust Inc (NYSE:TRTX) issued its quarterly earnings results on Monday, August, 6th. The company reported $0.44 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.44. The firm had revenue of $35.05 million for the quarter, compared to the consensus estimate of $34.64 million. TPG RE Finance Trust had a return on equity of 8.10% and a net margin of 43.06%. The business's revenue for the quarter was up 8.3% compared to the same quarter last year. View TPG RE Finance Trust's Earnings History.

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

TPG RE Finance Trust is scheduled to release their next quarterly earnings announcement on Monday, November 5th 2018. View Earnings Estimates for TPG RE Finance Trust.

What price target have analysts set for TRTX?

4 brokers have issued 1 year price objectives for TPG RE Finance Trust's shares. Their forecasts range from $21.00 to $22.00. On average, they expect TPG RE Finance Trust's share price to reach $21.6250 in the next twelve months. This suggests a possible upside of 7.9% from the stock's current price. View Analyst Price Targets for TPG RE Finance Trust.

What is the consensus analysts' recommendation for TPG RE Finance Trust?

4 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 and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TPG RE Finance Trust.

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

Who are TPG RE Finance Trust's key executives?

TPG RE Finance Trust's management team includes the folowing people:
  • Ms. Greta Guggenheim, CEO, Pres & Director (Age 59)
  • Mr. Robert R. Foley, Chief Financial & Risk Officer (Age 58)
  • Ms. Deborah Ginsberg, VP, Sec. & Gen. Counsel (Age 39)
  • Mr. Matthew J. Coleman, VP (Age 41)
  • Mr. Peter Smith, VP (Age 52)

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 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.

Who are TPG RE Finance Trust's major shareholders?

TPG RE Finance Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include Timbercreek Investment Management Inc. (0.65%) and KAMES CAPITAL plc (0.58%). View Institutional Ownership Trends for TPG RE Finance Trust.

Which major investors are buying TPG RE Finance Trust stock?

TRTX stock was purchased by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc and Timbercreek Investment Management Inc.. View Insider Buying and Selling 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, Scottrade, 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 $20.05.

How big of a company is TPG RE Finance Trust?

TPG RE Finance Trust has a market capitalization of $1.32 billion and generates $200.60 million in revenue each year. The company earns $94.35 million in net income (profit) each year or $1.74 on an earnings per share basis.

What is TPG RE Finance Trust's official website?

The official website for TPG RE Finance Trust is http://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]


MarketBeat Community Rating for TPG RE Finance Trust (NYSE TRTX)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  114 (Vote Outperform)
Underperform Votes:  141 (Vote Underperform)
Total Votes:  255
MarketBeat's community ratings are surveys of what our community members think about TPG RE Finance Trust and other stocks. Vote "Outperform" if you believe TRTX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TRTX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/17/2018 by MarketBeat.com Staff

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