TPG RE Finance Trust Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TPG RE Finance Trust in the last year. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TPG RE Finance Trust stock.
View analyst ratings for TPG RE Finance Trust or view top-rated stocks.

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TPG RE Finance Trust is scheduled to release its next quarterly earnings announcement on Monday, May 10th 2021.
View our earnings forecast for TPG RE Finance Trust.

TPG RE Finance Trust, Inc. (NYSE:TRTX) issued its quarterly earnings data on Wednesday, February, 24th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by $0.19. TPG RE Finance Trust had a negative net margin of 41.56% and a negative trailing twelve-month return on equity of 6.29%.
View TPG RE Finance Trust's earnings history.

TPG RE Finance Trust's stock was trading at $16.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TRTX stock has decreased by 30.8% and is now trading at $11.57.
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TPG RE Finance Trust declared a quarterly dividend on Wednesday, March 17th. Stockholders of record on Friday, March 26th will be paid a dividend of $0.20 per share on Friday, April 23rd. This represents a $0.80 annualized dividend and a yield of 6.91%. The ex-dividend date of this dividend is Thursday, March 25th.
View TPG RE Finance Trust's dividend history.

TPG RE Finance Trust pays an annual dividend of $0.80 per share and currently has a dividend yield of 7.05%. TRTX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. TPG RE Finance Trust does not yet have a strock track record of dividend growth. The dividend payout ratio of TPG RE Finance Trust is 45.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TPG RE Finance Trust will have a dividend payout ratio of 65.04% next year. This indicates that TPG RE Finance Trust will be able to sustain or increase its dividend.
View TPG RE Finance Trust's dividend history.

4 Wall Street analysts have issued 1-year price targets for TPG RE Finance Trust's shares. Their forecasts range from $7.50 to $13.00. On average, they expect TPG RE Finance Trust's share price to reach $10.50 in the next twelve months. This suggests that the stock has a possible downside of 9.2%.
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Some companies that are related to TPG RE Finance Trust include EPR Properties (EPR), Weingarten Realty Investors (WRI), Equity Commonwealth (EQC), Apple Hospitality REIT (APLE), National Health Investors (NHI), Outfront Media (OUT), Colony Capital (CLNY), Keppel REIT (KREVF), Pebblebrook Hotel Trust (PEB), Lexington Realty Trust (LXP), Corporate Office Properties Trust (OFC), National Storage Affiliates Trust (NSA), Chimera Investment (CIM), Broadstone Net Lease (BNL) and Essential Properties Realty Trust (EPRT).
View all of TRTX's 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), Chimera Investment (CIM), Ladder Capital (LADR), AGNC Investment (AGNC), Apple Hospitality REIT (APLE), Invesco Mortgage Capital (IVR) and Wells Fargo & Company (WFC).

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

Shares of TRTX 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.
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One share of TRTX stock can currently be purchased for approximately $11.57.

TPG RE Finance Trust has a market capitalization of $889.69 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 is headquartered at 888 SEVENTH AVENUE 35TH FLOOR, NEW YORK NY, 10106.

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]