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

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 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.

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.

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.

Some companies that are related to TPG RE Finance Trust include Rayonier (RYN), EPR Properties (EPR), Hospitality Properties Trust (HPT), JBG SMITH Properties (JBGS), Gramercy Property Trust (GPT), Life Storage (LSI), Apple Hospitality REIT (APLE), Ryman Hospitality Properties (RHP), Senior Housing Properties Trust (SNH), First Industrial Realty Trust (FR), Cousins Properties (CUZ), Uniti Group (UNIT), LaSalle Hotel Properties (LHO), RLJ Lodging Trust (RLJ) and Weingarten Realty Investors (WRI).

(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.

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.

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.

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.

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.

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.

One share of TRTX stock can currently be purchased for approximately $20.93.

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.

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]