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 announced a quarterly dividend on Friday, June 15th. Shareholders of record on Monday, June 25th will be paid a dividend of $0.43 per share on Wednesday, July 25th. This represents a $1.72 dividend on an annualized basis and a yield of 8.49%. The ex-dividend date is Friday, June 22nd. This is a positive change 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 earnings per share (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 net margin of 45.22% and a return on equity of 8.34%. The firm's revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.48 EPS. View TPG RE Finance Trust's Earnings History.

7 Wall Street analysts have issued 1-year price targets for TPG RE Finance Trust's stock. Their forecasts range from $20.50 to $22.00. On average, they expect TPG RE Finance Trust's share 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 Hospitality Properties Trust (HPT), Life Storage (LSI), Gramercy Property Trust (GPT), JBG SMITH Properties (JBGS), Senior Housing Properties Trust (SNH), Ryman Hospitality Properties (RHP), Apple Hospitality REIT (APLE), First Industrial Realty Trust (FR), Weingarten Realty Investors (WRI), Cousins Properties (CUZ), Uniti Group (UNIT), RLJ Lodging Trust (RLJ), LaSalle Hotel Properties (LHO), Equity Commonwealth (EQC) and Sabra Health Care REIT (SBRA).

(TRTX) raised $226 million in an initial public offering 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 served as the underwriters for the IPO and TPG Capital BD and JMP Securities were co-managers.

Media coverage about TRTX stock has been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TPG RE Finance Trust earned a news impact score of 0.08 on Accern's scale. They also gave media stories about the company an impact score of 45.95 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

TPG RE Finance Trust's stock is owned by many different of institutional and retail 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 bought 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 $20.26.

TPG RE Finance Trust has a market capitalization of $1.20 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]