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MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
His system isolated NVIDIA - Here's His Next Buy. (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Options Trading Plan–Perfect For Beginners (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
His system isolated NVIDIA - Here's His Next Buy. (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Options Trading Plan–Perfect For Beginners (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
His system isolated NVIDIA - Here's His Next Buy. (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Options Trading Plan–Perfect For Beginners (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Canadian autoworkers ratify new labor agreement with Ford

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

$7.14
+0.13 (+1.85%)
(As of 09/22/2023 ET)
Compare
Today's Range
$6.97
$7.23
50-Day Range
$6.55
$7.81
52-Week Range
$5.14
$9.23
Volume
229,990 shs
Average Volume
336,932 shs
Market Capitalization
$554.99 million
P/E Ratio
N/A
Dividend Yield
13.45%
Price Target
$7.88

TPG RE Finance Trust MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
10.3% Upside
$7.88 Price Target
Short Interest
Healthy
1.65% 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
600.00%
From $0.08 to $0.56 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.26 out of 5 stars

Finance Sector

511th out of 845 stocks

Real Estate Investment Trusts Industry

109th out of 184 stocks


TRTX stock logo

About TPG RE Finance Trust (NYSE:TRTX) Stock

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 Price History

TRTX Stock News Headlines

JMP Securities Sticks to Their Buy Rating for Tpg Re Finance (TRTX)
Wall Street Legend Warns "Mass Bank Run" is Coming
Man who predicted 2023 bank run warns it could soon get worse. Get out of cash and into a new vehicle 50 years in the making. Click here to learn more.
Q2 2023 TPG RE Finance Trust Inc Earnings Call
Wall Street Legend Warns "Mass Bank Run" is Coming
Man who predicted 2023 bank run warns it could soon get worse. Get out of cash and into a new vehicle 50 years in the making. Click here to learn more.
TRTX^C Revenue EPS
3 REITs With Double-Digit Dividends And Returns
Analyst Expectations for TPG RE Finance Trust's Future
Q1 2023 TPG RE Finance Trust Inc Earnings Call
TPG RE Finance Trust: Q4 Earnings Snapshot
See More Headlines
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TRTX Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 7/25 Dividend
6/27/2023
Dividend Payable
7/25/2023
Today
9/24/2023
Ex-Dividend for 10/25 Dividend
9/27/2023
Dividend Payable
10/25/2023
Next Earnings (Estimated)
11/07/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$7.88
High Stock Price Forecast
$9.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+10.3%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$-60,070,000.00
Pretax Margin
-37.46%

Debt

Sales & Book Value

Annual Sales
$305.71 million
Book Value
$17.08 per share

Miscellaneous

Free Float
76,021,000
Market Cap
$554.99 million
Optionable
Optionable
Beta
1.90
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Key Executives

  • Mr. Doug Bouquard (Age 41)
    CEO & Director
  • Mr. Matthew John Coleman Esq. (Age 46)
    Pres
  • Mr. Robert R. Foley CPA (Age 63)
    Chief Financial Officer
    Comp: $666.34k
  • Mr. Peter Smith (Age 57)
    Chief Investment Officer & VP
  • Ms. Deborah Ginsberg (Age 44)
    VP, Gen. Counsel & Corp. Sec.
  • Mr. Brandon Fox (Age 43)
    Chief Accounting Officer













TRTX Stock - Frequently Asked Questions

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

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TPG RE Finance Trust in the last twelve months. There are currently 4 hold ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" TRTX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRTX, but not buy additional shares or sell existing shares.
View TRTX analyst ratings
or view top-rated stocks.

What is TPG RE Finance Trust's stock price forecast for 2023?

5 brokerages have issued 12-month price objectives for TPG RE Finance Trust's stock. Their TRTX share price forecasts range from $7.00 to $9.00. On average, they anticipate the company's stock price to reach $7.88 in the next twelve months. This suggests a possible upside of 10.3% 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 on January 1st, 2023. Since then, TRTX stock has increased by 5.2% and is now trading at $7.14.
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 the month of August. As of August 31st, there was short interest totaling 1,020,000 shares, an increase of 26.0% from the August 15th total of 809,300 shares. Based on an average daily volume of 380,800 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.7% of the company's shares 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, November 7th 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 data on Tuesday, November, 2nd. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.30 by $0.03. TPG RE Finance Trust had a positive trailing twelve-month return on equity of 3.89% and a negative net margin of 37.60%. During the same quarter in the prior year, the company 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, September 11th. Stockholders of record on Thursday, September 28th will be paid a dividend of $0.24 per share on Wednesday, October 25th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 13.45%. The ex-dividend date of this dividend is Wednesday, September 27th.
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).

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 13.45%. 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?
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 a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.15%), Goldman Sachs Group Inc. (5.24%), Citigroup Inc. (2.43%), State Street Corp (1.94%), Geode Capital Management LLC (1.71%) and Charles Schwab Investment Management Inc. (1.31%).
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 $7.14.

How much money does TPG RE Finance Trust make?

TPG RE Finance Trust (NYSE:TRTX) has a market capitalization of $554.99 million and generates $305.71 million in revenue each year. The company earns $-60,070,000.00 in net income (profit) each year or ($1.99) 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 9/24/2023 by MarketBeat.com Staff

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