NYSE:TRTXTPG RE Finance Trust Stock Price, Forecast & News

TPG RE Finance Trust's stock was trading at $16.72 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TRTX stock has decreased by 46.1% and is now trading at $9.01. View which stocks have been most impacted by Coronavirus.

5 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for TPG RE Finance Trust.

TPG RE Finance Trust is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for TPG RE Finance Trust.

TPG RE Finance Trust Inc (NYSE:TRTX) announced its quarterly earnings results on Monday, November, 5th. The company reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.44 by $0.02. The company earned $36.60 million during the quarter, compared to the consensus estimate of $35.90 million. TPG RE Finance Trust had a negative net margin of 38.92% and a negative return on equity of 4.90%. The firm's revenue was up 32.6% on a year-over-year basis. During the same period last year, the business earned $0.35 earnings per share. View TPG RE Finance Trust's earnings history.

TPG RE Finance Trust declared a quarterly dividend on Wednesday, March 25th. Investors of record on Monday, June 15th will be given a dividend of $0.43 per share on Tuesday, July 14th. This represents a $1.72 annualized dividend and a dividend yield of 19.09%. The ex-dividend date is Friday, June 12th. View TPG RE Finance Trust's dividend history.

5 analysts have issued twelve-month price objectives for TPG RE Finance Trust's stock. Their forecasts range from $6.00 to $21.50. On average, they anticipate TPG RE Finance Trust's stock price to reach $10.90 in the next year. This suggests a possible upside of 21.0% from the stock's current price. View analysts' price targets for TPG RE Finance Trust.

Media stories about TRTX stock have trended very positive this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TPG RE Finance Trust earned a news impact score of 3.4 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutTPG RE Finance Trust.

TPG RE Finance Trust saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,710,000 shares, an increase of 24.8% from the April 30th total of 1,370,000 shares. Based on an average trading volume of 2,000,000 shares, the days-to-cover ratio is currently 0.9 days. Currently, 2.5% of the company's shares are sold short. View TPG RE Finance Trust's Current Options Chain.

Some companies that are related to TPG RE Finance Trust include Lexington Realty Trust (LXP), Weingarten Realty Investors (WRI), Taubman Centers (TCO), Apple Hospitality REIT (APLE), Great Portland Estates (GPEAF), Potlatchdeltic (PCH), Outfront Media (OUT), Hannon Armstrong Sustnbl Infrstr Cap (HASI), Ryman Hospitality Properties (RHP), National Storage Affiliates Trust (NSA), Paramount Group (PGRE), Washington Real Estate Investment Trust (WRE), Easterly Government Properties (DEA), Pebblebrook Hotel Trust (PEB) and RLJ Lodging Trust (RLJ). View all competitors.

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), Apple Hospitality REIT (APLE), AbbVie (ABBV), Johnson & Johnson (JNJ), AT&T (T), Ladder Capital (LADR) and Simon Property Group (SPG).

(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 acted as the underwriters for the IPO and TPG Capital BD and JMP Securities were co-managers.

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

TPG RE Finance Trust's stock is owned by many different institutional and retail investors. Top institutional investors include TPG Group Holdings SBS Advisors Inc. (8.64%), BlackRock Inc. (6.44%), Ieq Capital LLC (4.10%), State Street Corp (1.97%), Evoke Wealth LLC (1.52%) and Timbercreek Investment Management Inc. (1.45%). Company insiders that own TPG RE Finance Trust stock include Greta Guggenheim, Michael Gillmore 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 UBS Group AG, Evoke Wealth LLC, Ieq Capital LLC, Nuveen Asset Management LLC, Morgan Stanley, Resource America Inc., Orinda Asset Management LLC, and First Trust Advisors LP. View insider buying and selling activity for TPG RE Finance Trust.

TRTX stock was bought by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, JPMorgan Chase & Co., State Street Corp, Acadian Asset Management LLC, Greenwich Investment Management Inc., Aigen Investment Management LP, Nisa Investment Advisors LLC, and Two Sigma Advisers LP. Company insiders that have bought TPG RE Finance Trust stock in the last two years include Greta Guggenheim, Michael Gillmore, and Peter A Smith. View insider buying and selling activity 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 $9.01.

TPG RE Finance Trust has a market capitalization of $690.62 million and generates $341.57 million in revenue each year. The company earns $126.31 million in net income (profit) each year or $1.76 on an earnings per share basis.

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

TPG RE Finance Trust's mailing address is 888 SEVENTH AVENUE 35TH FLOOR, SAN FRANCISCO CA, 10106. The company can be reached via phone at 212-601-4700 or via email at [email protected]