Positive News SentimentPositive NewsNYSE:TRTX TPG RE Finance Trust (TRTX) Stock Forecast, Price & News $7.14 +0.13 (+1.85%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$6.97▼$7.2350-Day Range$6.55▼$7.8152-Week Range$5.14▼$9.23Volume229,990 shsAverage Volume336,932 shsMarket Capitalization$554.99 millionP/E RatioN/ADividend Yield13.45%Price Target$7.88 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media TPG RE Finance Trust MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside10.3% Upside$7.88 Price TargetShort InterestHealthy1.65% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth600.00%From $0.08 to $0.56 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.2.26 out of 5 starsFinance Sector511th out of 845 stocksReal Estate Investment Trusts Industry109th out of 184 stocks 2.2 Analyst's Opinion Consensus RatingTPG RE Finance Trust has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on no buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.88, TPG RE Finance Trust has a forecasted upside of 10.3% from its current price of $7.14.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 Shorted1.65% 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 2.7, 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 26.03%, 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 13.45%, 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 171.43% 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 3.2 News and Social Media Coverage News SentimentTPG RE Finance Trust has a news sentiment score of 1.80. 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 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for TPG RE Finance Trust this week, compared to 1 article on an average week.MarketBeat Follows5 people have added TPG RE Finance Trust to their MarketBeat watchlist in the last 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 Institutions57.19% 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 600.00% in the coming year, from $0.08 to $0.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TPG RE Finance Trust is -3.59, 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 -3.59, 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 0.42. 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., 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.Read More TRTX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRTX Stock News HeadlinesAugust 3, 2023 | insidermonkey.comTPG RE Finance Trust, Inc. (NYSE:TRTX) Q2 2023 Earnings Call TranscriptAugust 3, 2023 | markets.businessinsider.comJMP Securities Sticks to Their Buy Rating for Tpg Re Finance (TRTX)September 24, 2023 | Chaikin Analytics (Ad)Wall Street Legend Warns "Mass Bank Run" is ComingMan 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.August 3, 2023 | finance.yahoo.comQ2 2023 TPG RE Finance Trust Inc Earnings CallAugust 2, 2023 | finance.yahoo.comTPG RE Finance Trust (TRTX) Reports Q2 Loss, Tops Revenue EstimatesAugust 1, 2023 | finance.yahoo.comTPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended June 30, 2023July 28, 2023 | finance.yahoo.comFirst Northwest Bancorp (FNWB) Misses Q2 Earnings and Revenue EstimatesJuly 19, 2023 | finance.yahoo.comTPG RE Finance Trust, Inc. Announces Second Quarter 2023 Earnings Release and Conference Call DatesSeptember 24, 2023 | Chaikin Analytics (Ad)Wall Street Legend Warns "Mass Bank Run" is ComingMan 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.July 16, 2023 | nasdaq.comTRTX^C Revenue EPSJune 23, 2023 | seekingalpha.comHigh Certainty Of Payment Makes TPG RE Finance Preferred Series AttractiveJune 22, 2023 | msn.comTPG RE Finance Trust: Dividend InsightsJune 21, 2023 | finance.yahoo.com3 REITs With Double-Digit Dividends And ReturnsJune 13, 2023 | msn.comJMP Securities Reiterates TPG RE Finance Trust (TRTX) Market Outperform RecommendationJune 5, 2023 | finance.yahoo.comTPG RE Finance Trust, Inc. to Present at Nareit’s REITweek: 2023 Investor ConferenceMay 30, 2023 | finance.yahoo.comSeeking at Least 15% Dividend Yield? Raymond James Suggests 2 Dividend Stocks to BuyMay 4, 2023 | markets.businessinsider.comAnalyst Expectations for TPG RE Finance Trust's FutureMay 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 TrustApril 28, 2023 | finance.yahoo.comMultiple insiders bought TPG RE Finance Trust, Inc. (NYSE:TRTX) stock earlier this year, a positive sign for shareholdersApril 19, 2023 | finance.yahoo.comTPG RE Finance Trust, Inc. Announces First Quarter 2023 Earnings Release and Conference Call DatesMarch 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 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 Company Calendar Last Earnings11/02/2021Ex-Dividend for 7/25 Dividend6/27/2023Dividend Payable7/25/2023Today9/24/2023Ex-Dividend for 10/25 Dividend9/27/2023Dividend Payable10/25/2023Next Earnings (Estimated)11/07/2023Fiscal 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$7.88 High Stock Price Forecast$9.00 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+10.3%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.99) Trailing P/E RatioN/A Forward P/E Ratio89.25 P/E GrowthN/ANet Income$-60,070,000.00 Net Margins-37.60% Pretax Margin-37.46% Return on Equity3.89% Return on Assets0.93% Debt Debt-to-Equity Ratio2.63 Current Ratio110.25 Quick Ratio110.25 Sales & Book Value Annual Sales$305.71 million Price / Sales1.82 Cash FlowN/A Price / Cash FlowN/A Book Value$17.08 per share Price / Book0.42Miscellaneous Outstanding Shares77,730,000Free Float76,021,000Market Cap$554.99 million OptionableOptionable Beta1.90 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. 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: $666.34kMr. 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 More ExecutivesKey CompetitorsUniversal Health Realty Income TrustNYSE:UHTSummit Hotel PropertiesNYSE:INNAres Commercial Real EstateNYSE:ACREGlobal Medical REITNYSE:GMREDiversified Healthcare TrustNASDAQ:DHCView All CompetitorsInstitutional OwnershipBarclays PLCSold 128,073 shares on 9/21/2023Ownership: 0.358%California State Teachers Retirement SystemSold 2,662 shares on 8/21/2023Ownership: 0.091%Alliancebernstein L.P.Bought 10,130 shares on 8/15/2023Ownership: 0.080%Citadel Advisors LLCBought 8,700 shares on 8/15/2023Ownership: 0.000%Royal Bank of CanadaSold 9,255 shares on 8/15/2023Ownership: 0.009%View All Institutional Transactions 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? 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 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 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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