NYSE:TRTX

TPG RE Finance Trust Stock Forecast, Price & News

$12.84
+0.12 (+0.94 %)
(As of 09/23/2021 04:00 PM ET)
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Today's Range
$12.76
$12.92
50-Day Range
$11.91
$13.37
52-Week Range
$7.57
$14.55
Volume174,039 shs
Average Volume290,726 shs
Market Capitalization$989.27 million
P/E Ratio25.18
Dividend Yield6.29%
Beta1.96
30 days | 90 days | 365 days | Advanced Chart
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TPG RE Finance Trust logo

About TPG RE Finance Trust

TPG RE Finance Trust, Inc. is a holding company, which engages in the provision of commercial real estate finance services. It originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in North America. The company was founded on October 24, 2014 and is headquartered in New York, NY.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.53 out of 5 stars

Finance Sector

217th out of 1,331 stocks

Real Estate Investment Trusts Industry

44th out of 219 stocks

Analyst Opinion: 2.5Community Rank: 4.1Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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TPG RE Finance Trust (NYSE:TRTX) Frequently Asked Questions

Is TPG RE Finance Trust a buy right now?

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.

What stocks does MarketBeat like better than TPG RE Finance Trust?

Wall Street analysts have given TPG RE Finance Trust a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but TPG RE Finance Trust wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is TPG RE Finance Trust's next earnings date?

TPG RE Finance Trust is scheduled to release its next quarterly earnings announcement on Wednesday, November 3rd 2021.
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) announced its quarterly earnings data on Tuesday, August, 3rd. The company reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.02. TPG RE Finance Trust had a trailing twelve-month return on equity of 11.90% and a net margin of 44.06%.
View TPG RE Finance Trust's earnings history
.

How has TPG RE Finance Trust's stock price been impacted by COVID-19?

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. Since then, TRTX stock has decreased by 23.2% and is now trading at $12.84.
View which stocks have been most impacted by COVID-19
.

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 Monday, September 13th. Shareholders of record on Wednesday, September 29th will be given a dividend of $0.24 per share on Friday, October 22nd. This represents a $0.96 annualized dividend and a dividend yield of 7.48%. The ex-dividend date is Tuesday, September 28th. This is an increase from TPG RE Finance Trust's previous quarterly dividend of $0.20.
View TPG RE Finance Trust's dividend history
.

Is TPG RE Finance Trust a good dividend stock?

TPG RE Finance Trust pays an annual dividend of $0.80 per share and currently has a dividend yield of 6.29%. TRTX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View TPG RE Finance Trust's dividend history.

What price target have analysts set for TRTX?

4 analysts have issued 12-month price objectives for TPG RE Finance Trust's shares. Their forecasts range from $11.50 to $15.50. On average, they expect TPG RE Finance Trust's share price to reach $14.13 in the next twelve months. This suggests a possible upside of 10.0% from the stock's current price.
View analysts' price targets for TPG RE Finance Trust
or view top-rated stocks among Wall Street analysts.

Who are TPG RE Finance Trust's key executives?

TPG RE Finance Trust's management team includes the following people:
  • Matthew Coleman, President
  • Robert R. Foley, Chief Financial & Risk Officer
  • Peter Smith, Chief Investment Officer & Vice President
  • Deborah Ginsberg, Secretary, Vice President & General Counsel
  • Luke Barrett, Head-Media Contact

What other stocks do shareholders of TPG RE Finance Trust own?

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.

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 BlackRock Inc. (7.24%), Vanguard Group Inc. (6.88%), Citigroup Inc. (2.03%), State Street Corp (1.80%), TCW Group Inc. (1.36%) and Geode Capital Management LLC (1.35%). Company insiders that own TPG RE Finance Trust stock include China Investment Corp, Greta Guggenheim, Group Holdings (Sbs) Advis Tpg, Michael Gillmore and Peter A Smith.
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 Credit Suisse AG, Prudential Financial Inc., BlackRock Inc., Balyasny Asset Management LLC, Renaissance Technologies LLC, Goldman Sachs Group Inc., Vanguard Group Inc., and Nuveen Asset Management LLC.
View insider buying and selling activity for TPG RE Finance Trust
or view top insider-selling stocks.

Which institutional investors are buying TPG RE Finance Trust stock?

TRTX stock was acquired by a variety of institutional investors in the last quarter, including Citigroup Inc., MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income, Wells Fargo & Company MN, Spring Creek Capital LLC, Invesco Ltd., FJ Capital Management LLC, Geode Capital Management LLC, and JPMorgan Chase & Co.. Company insiders that have bought TPG RE Finance Trust stock in the last two years include Greta Guggenheim, Group Holdings (Sbs) Advis Tpg, Michael Gillmore, and Peter A Smith.
View insider buying and selling activity for TPG RE Finance Trust
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is TPG RE Finance Trust's stock price today?

One share of TRTX stock can currently be purchased for approximately $12.84.

How much money does TPG RE Finance Trust make?

TPG RE Finance Trust has a market capitalization of $989.27 million and generates $284.21 million in revenue each year. The company earns $-136,830,000.00 in net income (profit) each year or ($1.39) 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.

Where are TPG RE Finance Trust's headquarters?

TPG RE Finance Trust is headquartered at 888 SEVENTH AVENUE 35TH FLOOR, NEW YORK NY, 10106.

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) 601-7400 or via email at [email protected].


This page was last updated on 9/23/2021 by MarketBeat.com Staff
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