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NYSE:TRTXTPG RE Finance Trust Stock Price, Forecast & News

$9.01
+0.15 (+1.69 %)
(As of 06/5/2020 04:00 PM ET)
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Compare
Today's Range
$8.77
Now: $9.01
$9.39
50-Day Range
$5.88
MA: $7.01
$9.01
52-Week Range
$2.45
Now: $9.01
$21.30
Volume1.88 million shs
Average Volume1.54 million shs
Market Capitalization$690.63 million
P/E RatioN/A
Dividend Yield14.32%
Beta1.93
TPG 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 North America. 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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TPG RE Finance Trust logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.47 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$341.57 million
Cash Flow$1.84 per share
Book Value$20.61 per share

Profitability

Net Income$126.31 million

Miscellaneous

EmployeesN/A
Market Cap$690.63 million
Next Earnings Date8/3/2020 (Estimated)
OptionableOptionable

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

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

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 shares have decreased by 46.1% and is now trading at $9.01. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of TPG RE Finance Trust?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPG RE Finance Trust in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for TPG RE Finance Trust.

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

TPG RE Finance Trust is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. 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) posted its quarterly earnings results on Monday, November, 5th. The company reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates 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 negative return on equity of 4.90% and a negative net margin of 38.92%. The company's quarterly revenue was up 32.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.35 EPS. View TPG RE Finance Trust's earnings history.

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 Wednesday, March 25th. Investors of record on Monday, June 15th will be given a dividend of $0.43 per share on Tuesday, July 14th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 19.09%. The ex-dividend date of this dividend is Friday, June 12th. View TPG RE Finance Trust's dividend history.

What price target have analysts set for TRTX?

5 brokerages have issued 1-year price objectives for TPG RE Finance Trust's stock. Their forecasts range from $6.00 to $21.50. On average, they expect TPG RE Finance Trust's stock price to reach $10.90 in the next twelve months. This suggests a possible upside of 21.0% from the stock's current price. View analysts' price targets for TPG RE Finance Trust.

Has TPG RE Finance Trust been receiving favorable news coverage?

Media coverage about TRTX stock has been trending positive this week, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. TPG RE Finance Trust earned a media sentiment score of 3.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutTPG RE Finance Trust.

Are investors shorting TPG RE Finance Trust?

TPG RE Finance Trust saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,710,000 shares, an increase of 24.8% from the April 30th total of 1,370,000 shares. Based on an average trading volume of 2,000,000 shares, the days-to-cover ratio is presently 0.9 days. Approximately 2.5% of the company's shares are sold short. View TPG RE Finance Trust's Current Options Chain.

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

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

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), Apple Hospitality REIT (APLE), AbbVie (ABBV), Johnson & Johnson (JNJ), AT&T (T), Ladder Capital (LADR) and Simon Property Group (SPG).

Who are TPG RE Finance Trust's key executives?

TPG RE Finance Trust's management team includes the following people:
  • Ms. Greta Guggenheim, CEO, Pres & Director (Age 60)
  • Mr. Robert R. Foley, Chief Financial & Risk Officer (Age 59)
  • Ms. Deborah Ginsberg, VP, Sec. & Gen. Counsel (Age 40)
  • Mr. Matthew J. Coleman, VP (Age 42)
  • Mr. Peter Smith, VP (Age 53)

When did TPG RE Finance Trust IPO?

(TRTX) raised $226 million in an initial public offering 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 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 institutional and retail investors. Top institutional investors include TPG Group Holdings SBS Advisors Inc. (8.64%), BlackRock Inc. (6.44%), Ieq Capital LLC (4.10%), State Street Corp (1.97%), Evoke Wealth LLC (1.52%) and Timbercreek Investment Management Inc. (1.45%). Company insiders that own TPG RE Finance Trust stock include Greta Guggenheim, Michael Gillmore and Peter A Smith. View institutional ownership trends for TPG RE Finance Trust.

Which major investors are selling TPG RE Finance Trust stock?

TRTX stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Evoke Wealth LLC, Ieq Capital LLC, Nuveen Asset Management LLC, Morgan Stanley, Resource America Inc., Orinda Asset Management LLC, and First Trust Advisors LP. View insider buying and selling activity for TPG RE Finance Trust.

Which major investors are buying TPG RE Finance Trust stock?

TRTX stock was acquired by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, JPMorgan Chase & Co., State Street Corp, Acadian Asset Management LLC, Greenwich Investment Management Inc., Aigen Investment Management LP, Nisa Investment Advisors LLC, and Two Sigma Advisers LP. Company insiders that have bought TPG RE Finance Trust stock in the last two years include Greta Guggenheim, Michael Gillmore, and Peter A Smith. View insider buying and selling activity 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, Robinhood, 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 $9.01.

How big of a company is TPG RE Finance Trust?

TPG RE Finance Trust has a market capitalization of $690.63 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.

What is TPG RE Finance Trust's official website?

The official website for TPG RE Finance Trust is www.tpgrefinance.com.

How can I contact TPG RE Finance Trust?

TPG RE Finance Trust's mailing address is 888 SEVENTH AVENUE 35TH FLOOR, SAN FRANCISCO CA, 10106. The company can be reached via phone at 212-601-4700 or via email at [email protected]

This page was last updated on 6/5/2020 by MarketBeat.com Staff

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