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 announced a quarterly dividend on Tuesday, December 17th. Investors of record on Friday, December 27th will be given a dividend of $0.43 per share on Friday, January 24th. This represents a $1.72 annualized dividend and a yield of 8.26%. The ex-dividend date of this dividend is Thursday, December 26th. View TPG RE Finance Trust's Dividend History.

TPG RE Finance Trust Inc (NYSE:TRTX) released its earnings results on Monday, November, 5th. The company reported $0.42 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.44 by $0.02. The business had revenue of $36.60 million for the quarter, compared to analyst estimates of $35.90 million. TPG RE Finance Trust had a return on equity of 8.63% and a net margin of 36.92%. TPG RE Finance Trust's revenue for the quarter was up 32.6% compared to the same quarter last year. During the same period last year, the firm earned $0.35 EPS. View TPG RE Finance Trust's Earnings History.

1 analysts have issued 12-month price objectives for TPG RE Finance Trust's stock. Their forecasts range from $21.50 to $21.50. On average, they expect TPG RE Finance Trust's stock price to reach $21.50 in the next year. This suggests a possible upside of 3.2% 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.

Headlines about TRTX stock have been trending very negative on Wednesday, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public 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 media sentiment score of -3.1 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for TPG RE Finance Trust.

TPG RE Finance Trust saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 820,500 shares, an increase of 29.2% from the January 15th total of 635,000 shares. Based on an average daily trading volume, of 260,400 shares, the short-interest ratio is currently 3.2 days. Currently, 1.4% of the company's shares are short sold. View TPG RE Finance Trust's Current Options Chain.

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

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), Main Street Capital (MAIN), Johnson & Johnson (JNJ), Ares Capital (ARCC), Apple Hospitality REIT (APLE), Invesco Mortgage Capital (IVR), Verizon Communications (VZ) and Cisco Systems (CSCO).

(TRTX) raised $226 million in an initial public offering (IPO) 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 many different of retail and institutional investors. Top institutional investors include Ieq Capital LLC (6.92%), Ieq Capital LLC (5.28%), Evoke Wealth LLC (2.64%), State Street Corp (1.70%), UBS Group AG (1.52%) and Bank of America Corp DE (1.49%). 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 LDR Capital Management LLC, Goldman Sachs Group Inc., Evoke Wealth LLC, Bank of America Corp DE, Prudential Financial Inc., Alphasimplex Group LLC, Alliancebernstein L.P. and KAMES CAPITAL plc. View Insider Buying and Selling for TPG RE Finance Trust.

TRTX stock was acquired by a variety of institutional investors in the last quarter, including Ieq Capital LLC, Ieq Capital LLC, UBS Group AG, Colony Capital Inc., Orinda Asset Management LLC, Renaissance Technologies LLC, State Street Corp and Vestcor Investment Management Corp. 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 $20.83.

TPG RE Finance Trust has a market capitalization of $1.52 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]