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 declared a quarterly dividend on Tuesday, December 17th. Shareholders of record on Friday, December 27th will be paid a dividend of $0.43 per share on Friday, January 24th. This represents a $1.72 dividend on an annualized basis and a yield of 8.95%. The ex-dividend date is Thursday, December 26th. View TPG RE Finance Trust's Dividend History.

TPG RE Finance Trust Inc (NYSE:TRTX) announced its quarterly earnings data 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 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 net margin of 36.98% and a return on equity of 8.71%. TPG RE Finance Trust's revenue for the quarter 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.

TPG RE Finance Trust is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for TPG RE Finance Trust.

1 equities research analysts have issued 1 year target prices for TPG RE Finance Trust's shares. Their forecasts range from $21.50 to $21.50. On average, they expect TPG RE Finance Trust's share price to reach $21.50 in the next twelve months. This suggests a possible upside of 11.9% 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.

Press coverage about TRTX stock has trended very negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. TPG RE Finance Trust earned a news impact score of -4.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View News Stories for TPG RE Finance Trust.

TPG RE Finance Trust saw a drop in short interest during the month of February. As of February 14th, there was short interest totalling 771,200 shares, a drop of 6.0% from the January 30th total of 820,500 shares. Based on an average trading volume of 300,700 shares, the days-to-cover ratio is presently 2.6 days. Approximately 1.3% 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 CubeSmart (CUBE), Brixmor Property Group (BRX), Cousins Properties (CUZ), Rexford Industrial Realty (REXR), Life Storage (LSI), First Industrial Realty Trust (FR), Blackstone Mortgage Trust (BXMT), Eastgroup Properties (EGP), JBG SMITH Properties (JBGS), Howard Hughes (HHC), Highwoods Properties (HIW), Healthcare Realty Trust (HR), EPR Properties (EPR), Stag Industrial (STAG) and PS Business Parks (PSB).

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 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 institutional and retail investors. Top institutional shareholders 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 $19.22.

TPG RE Finance Trust has a market capitalization of $1.47 billion 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. 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]