NYSE:TRTXTPG RE Finance Trust Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $7.78 +0.37 (+4.99 %) (As of 06/1/2020 11:05 AM ET) Add Compare Share Today's Range$7.32Now: $7.78▼$7.9850-Day Range$4.98MA: $6.79▼$7.6952-Week Range$2.45Now: $7.78▼$21.30Volume278,282 shsAverage Volume1.35 million shsMarket Capitalization$596.41 millionP/E RatioN/ADividend Yield17.41%Beta1.94 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 North America. 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.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingTPG RE Finance Trust has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.90, TPG RE Finance Trust has a potential upside of 40.1% from its current price of $7.78.Amount of Analyst CoverageTPG RE Finance Trust has only been the subject of 4 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesTPG RE Finance Trust has received 177 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTPG RE Finance Trust has received 226 “underperform” votes. (Add your “underperform” vote.)Community SentimentTPG RE Finance Trust has received 56.08% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipTPG RE Finance Trust is a leading dividend payer. It pays a dividend yield of 17.41%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTPG RE Finance Trust has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of TPG RE Finance Trust is 73.30 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, TPG RE Finance Trust will have a dividend payout ratio of 124.04 % in the coming year. This indicates that TPG RE Finance Trust may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TPG RE Finance Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $516,325.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.40% of the stock of TPG RE Finance Trust is held by insiders.Percentage Held by Institutions59.01% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for TPG RE Finance Trust are expected to grow in the coming year, from ($1.48) to $1.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TPG RE Finance Trust is -4.47, 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 -4.47, 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 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.67 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:TRTX Previous SymbolNASDAQ:TRTX CUSIPN/A CIK1630472 Webwww.tpgrefinance.com Phone212-601-4700Debt Debt-to-Equity Ratio3.62 Current Ratio225.54 Quick Ratio225.54Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$341.57 million Price / Sales1.75 Cash Flow$1.89 per share Price / Cash Flow4.11 Book Value$20.61 per share Price / Book0.38Profitability EPS (Most Recent Fiscal Year)$1.76 Net Income$126.31 million Net Margins-38.92% Return on Equity-4.90% Return on Assets-1.19%Miscellaneous EmployeesN/A Outstanding Shares76,650,000Market Cap$596.41 million Next Earnings Date8/3/2020 (Estimated) OptionableOptionable TRTX Rates by TradingView Receive TRTX News and Ratings via Email Sign-up to receive the latest news and ratings for TRTX and its competitors with MarketBeat's FREE daily newsletter. TPG RE Finance Trust (NYSE:TRTX) Frequently Asked Questions How has TPG RE Finance Trust's stock been impacted by COVID-19 (Coronavirus)? TPG RE Finance Trust's stock was trading at $16.72 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TRTX shares have decreased by 53.5% and is now trading at $7.7810. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of TPG RE Finance Trust? 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. When is TPG RE Finance Trust's next earnings date? 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. How were TPG RE Finance Trust's earnings last quarter? TPG RE Finance Trust Inc (NYSE:TRTX) issued its quarterly earnings results on Monday, November, 5th. The company reported $0.42 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.44 by $0.02. The company had revenue of $36.60 million for the quarter, compared to the consensus estimate of $35.90 million. TPG RE Finance Trust had a negative return on equity of 4.90% and a negative net margin of 38.92%. TPG RE Finance Trust's revenue was up 32.6% on a year-over-year basis. During the same period last year, the business posted $0.35 earnings per share. View TPG RE Finance Trust's earnings history. 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 Wednesday, March 25th. Investors of record on Monday, June 15th will be paid a dividend of $0.43 per share on Tuesday, July 14th. This represents a $1.72 dividend on an annualized basis and a yield of 22.11%. The ex-dividend date is Friday, June 12th. View TPG RE Finance Trust's dividend history. What price target have analysts set for TRTX? 5 analysts have issued 1-year price targets 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 share price to reach $10.90 in the next twelve months. This suggests a possible upside of 40.1% from the stock's current price. View analysts' price targets for TPG RE Finance Trust. Has TPG RE Finance Trust been receiving favorable news coverage? News headlines about TRTX stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TPG RE Finance Trust earned a daily sentiment score of 1.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutTPG RE Finance Trust. Are investors shorting TPG 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 daily trading volume, of 2,000,000 shares, the short-interest ratio is currently 0.9 days. Currently, 2.5% of the company's stock are short sold. View TPG RE Finance Trust's Current Options Chain. Who are some of TPG RE Finance Trust's key competitors? Some companies that are related to TPG RE Finance Trust include Hannon Armstrong Sustnbl Infrstr Cap (HASI), National Storage Affiliates Trust (NSA), Outfront Media (OUT), Easterly Government Properties (DEA), Ryman Hospitality Properties (RHP), Caretrust REIT (CTRE), Washington Real Estate Investment Trust (WRE), Pebblebrook Hotel Trust (PEB), Paramount Group (PGRE), RLJ Lodging Trust (RLJ), Brandywine Realty Trust (BDN), CHIMERA INVT CO/SH NEW (CIM), Uniti Group (UNIT), American Assets Trust (AAT) and Four Corners Property Trust (FCPT). View all competitors. 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), Apple Hospitality REIT (APLE), AbbVie (ABBV), Johnson & Johnson (JNJ), AT&T (T), Ladder Capital (LADR) and Simon Property Group (SPG). Who are TPG RE Finance Trust's key executives? TPG RE Finance Trust's management team includes the following people: Ms. Greta Guggenheim, CEO, Pres & Director (Age 60)Mr. Robert R. Foley, Chief Financial & Risk Officer (Age 59)Ms. Deborah Ginsberg, VP, Sec. & Gen. Counsel (Age 40)Mr. Matthew J. Coleman, VP (Age 42)Mr. Peter Smith, VP (Age 53) 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 many different retail and institutional investors. Top institutional shareholders 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. Which major investors are selling TPG RE Finance Trust stock? 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. 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 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. 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, Robinhood, 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 $7.78. How big of a company is TPG RE Finance Trust? TPG RE Finance Trust has a market capitalization of $596.41 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. What is TPG RE Finance Trust's official website? The official website for TPG RE Finance Trust is www.tpgrefinance.com. How can I contact TPG RE Finance Trust? 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] This page was last updated on 6/1/2020 by MarketBeat.com Staff
