NYSE:TRTX - TPG RE Finance Trust Stock Price, Price Target & More

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$20.84 -0.11 (-0.53 %)
(As of 06/19/2018 02:02 PM ET)
Previous Close$21.10
Today's Range$20.83 - $21.10
52-Week Range$18.22 - $20.98
Volume1,166 shs
Average Volume174,499 shs
Market Capitalization$1.23 billion
P/E Ratio12.03
Dividend Yield8.05%
BetaN/A
TPG RE Finance Trust logoTPG 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 the United States. 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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:TRTX
CUSIPN/A
Phone212-601-4700

Debt

Debt-to-Equity Ratio1.99
Current Ratio14.77
Quick Ratio14.77

Price-To-Earnings

Trailing P/E Ratio12.03
Forward P/E Ratio11.71
P/E Growth2.34

Sales & Book Value

Annual Sales$200.60 million
Price / Sales6.13
Cash Flow$1.4523 per share
Price / Cash14.35
Book Value$20.15 per share
Price / Book1.03

Profitability

EPS (Most Recent Fiscal Year)$1.74
Net Income$94.35 million
Net Margins45.22%
Return on Equity8.34%
Return on Assets2.99%

Miscellaneous

EmployeesN/A
Outstanding Shares59,020,000

TPG RE Finance Trust (NYSE:TRTX) Frequently Asked Questions

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."

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 Friday, June 15th. Stockholders of record on Monday, June 25th will be given a dividend of $0.43 per share on Wednesday, July 25th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 8.22%. The ex-dividend date is Friday, June 22nd. This is a boost from TPG RE Finance Trust's previous quarterly dividend of $0.42. View TPG RE Finance Trust's Dividend History.

How were TPG RE Finance Trust's earnings last quarter?

TPG RE Finance Trust Inc (NYSE:TRTX) released its earnings results on Monday, May, 7th. The company reported $0.42 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.43 by $0.01. The firm earned $33.40 million during the quarter, compared to analysts' expectations of $33.54 million. TPG RE Finance Trust had a return on equity of 8.34% and a net margin of 45.22%. TPG RE Finance Trust's quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.48 earnings per share. View TPG RE Finance Trust's Earnings History.

What price target have analysts set for TRTX?

7 equities research analysts have issued 12-month target prices for TPG RE Finance Trust's stock. Their forecasts range from $20.50 to $22.00. On average, they anticipate TPG RE Finance Trust's stock price to reach $21.2857 in the next twelve months. View Analyst Ratings for TPG RE Finance Trust.

Who are some of TPG RE Finance Trust's key competitors?

Who are TPG RE Finance Trust's key executives?

TPG RE Finance Trust's management team includes the folowing people:
  • Mr. Robert R. Foley, Chief Financial & Risk Officer and Principal Accounting Officer (Age 58)
  • Ms. Greta Guggenheim, CEO, Pres & Director (Age 59)
  • Ms. Deborah Ginsberg, VP & Sec. (Age 39)
  • Mr. Matthew J. Coleman J.D., Esq., VP (Age 41)
  • Mr. Peter Smith, VP (Age 52)

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

Has TPG RE Finance Trust been receiving favorable news coverage?

Press coverage about TRTX stock has been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TPG RE Finance Trust earned a media sentiment score of 0.06 on Accern's scale. They also gave news headlines about the company an impact score of 46.64 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are TPG RE Finance Trust's major shareholders?

TPG RE Finance Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.08%), Nuveen Asset Management LLC (1.73%), Blackstone Group L.P. (0.77%), Timbercreek Investment Management Inc. (0.43%), Northern Trust Corp (0.35%) and JPMorgan Chase & Co. (0.29%). View Institutional Ownership Trends for TPG RE Finance Trust.

Which institutional investors are selling TPG RE Finance Trust stock?

TRTX stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Blackstone Group L.P. and Millennium Management LLC. View Insider Buying and Selling for TPG RE Finance Trust.

Which institutional investors are buying TPG RE Finance Trust stock?

TRTX stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Timbercreek Investment Management Inc., Northern Trust Corp, First Republic Investment Management Inc., JPMorgan Chase & Co., Swiss National Bank, Cubist Systematic Strategies LLC and Resource America Inc.. View Insider Buying and Selling 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, Scottrade, 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 $20.93.

How big of a company is TPG RE Finance Trust?

TPG RE Finance Trust has a market capitalization of $1.23 billion and generates $200.60 million in revenue each year. The company earns $94.35 million in net income (profit) each year or $1.74 on an earnings per share basis.

How can I contact TPG RE Finance Trust?

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]


MarketBeat Community Rating for TPG RE Finance Trust (TRTX)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  83 (Vote Outperform)
Underperform Votes:  106 (Vote Underperform)
Total Votes:  189
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.
This page was last updated on 6/19/2018 by MarketBeat.com Staff

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