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

TPG RE Finance Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRTX."

TPG RE Finance Trust declared a quarterly dividend on Tuesday, September 17th. Investors of record on Friday, September 27th will be paid a dividend of $0.43 per share on Friday, October 25th. This represents a $1.72 annualized dividend and a dividend yield of 8.43%. The ex-dividend date of this dividend is Thursday, September 26th. View TPG RE Finance Trust's Dividend History.

TPG RE Finance Trust Inc (NYSE:TRTX) released its quarterly earnings data on Monday, February, 25th. The company reported $0.43 earnings per share for the quarter, missing analysts' consensus estimates of $0.44 by $0.01. TPG RE Finance Trust had a net margin of 36.92% and a return on equity of 8.63%. View TPG RE Finance Trust's Earnings History.

TPG RE Finance Trust is scheduled to release their next quarterly earnings announcement on Monday, February 24th 2020. View Earnings Estimates for TPG RE Finance Trust.

1 analysts have issued 1 year price targets for TPG RE Finance Trust's shares. Their forecasts range from $21.50 to $21.50. On average, they anticipate TPG RE Finance Trust's share price to reach $21.50 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price. View Analyst Price Targets for TPG RE Finance Trust.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPG RE Finance Trust in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TPG RE Finance Trust.

Media coverage about TRTX stock has trended negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. TPG RE Finance Trust earned a news impact score of -2.6 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for TPG RE Finance Trust.

TPG RE Finance Trust saw a decline in short interest in November. As of November 15th, there was short interest totalling 486,300 shares, a decline of 6.6% from the October 31st total of 520,800 shares. Based on an average trading volume of 215,800 shares, the short-interest ratio is presently 2.3 days. Currently, 0.8% of the shares of the stock are short sold. View TPG RE Finance Trust's Current Options Chain.

Some companies that are related to TPG RE Finance Trust include EPR Properties (EPR), First Industrial Realty Trust (FR), JBG SMITH Properties (JBGS), Rexford Industrial Realty (REXR), Eastgroup Properties (EGP), Life Storage (LSI), Howard Hughes (HHC), Blackstone Mortgage Trust (BXMT), Highwoods Properties (HIW), PS Business Parks (PSB), Ryman Hospitality Properties (RHP), Healthcare Realty Trust (HR), Sabra Health Care REIT (SBRA), CoreSite Realty (COR) and Stag Industrial (STAG).

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), Johnson & Johnson (JNJ), Main Street Capital (MAIN), Apple Hospitality REIT (APLE), AT&T (T), Verizon Communications (VZ), Enbridge (ENB) and Invesco Mortgage Capital (IVR).

(TRTX) raised $226 million in an initial public offering 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 served as the underwriters for the IPO and TPG Capital BD and JMP Securities were co-managers.

TPG RE Finance Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include Timbercreek Investment Management Inc. (1.96%), State Street Corp (1.52%), LDR Capital Management LLC (0.64%), KAMES CAPITAL plc (0.60%), Millennium Management LLC (0.55%) and Resource America Inc. (0.46%). Company insiders that own TPG RE Finance Trust stock include Greta Guggenheim and Peter A Smith. View Institutional Ownership Trends for TPG RE Finance Trust.

TRTX stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Resource America Inc., Zebra Capital Management LLC, Tower Research Capital LLC TRC, Millennium Management LLC, Lavaca Capital LLC, LDR Capital Management LLC and CIBC Private Wealth Group LLC. View Insider Buying and Selling for TPG RE Finance Trust.

TRTX stock was bought by a variety of institutional investors in the last quarter, including Timbercreek Investment Management Inc., State of New Jersey Common Pension Fund D, California Public Employees Retirement System, State Street Corp, Russell Investments Group Ltd., KAMES CAPITAL plc, Voloridge Investment Management LLC and SG Americas Securities LLC. Company insiders that have bought TPG RE Finance Trust stock in the last two years include Greta Guggenheim and Peter A Smith. View Insider Buying and Selling for 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.

One share of TRTX stock can currently be purchased for approximately $20.41.

TPG RE Finance Trust has a market capitalization of $1.49 billion and generates $266.90 million in revenue each year. The company earns $106.94 million in net income (profit) each year or $1.70 on an earnings per share basis. View Additional Information About TPG RE Finance Trust.

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

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]