NYSE:TRTX

TPG RE Finance Trust Stock Forecast, Price & News

$10.55

-0.13 (-1.22 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$10.47

Now: $10.55▼

$10.70

50-Day Range

$10.23

MA: $10.68▼

$11.03

52-Week Range

$2.45

Now: $10.55▼

$21.30

Volume311,200 shs

Average Volume320,610 shs

Market Capitalization$809.79 million

P/E RatioN/A

Dividend Yield7.58%

Beta1.81

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; subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments; and commercial real estate collateralized loan obligations and commercial mortgage-backed securities 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 founded in 2014 and is based in New York, New York.

MarketRank^™

Overall MarketRank^™

1.82 out of 5 stars

Finance Sector

351st out of 1,704 stocks

Real Estate Investment Trusts Industry

80th out of 260 stocks

1.5 Analyst's Opinion

Consensus Rating
TPG RE Finance Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $9.38, TPG RE Finance Trust has a forecasted downside of 11.1% from its current price of $10.55.
Amount of Analyst Coverage
TPG RE Finance Trust has only been the subject of 1 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
TPG RE Finance Trust has received 186 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
TPG RE Finance Trust has received 235 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
TPG RE Finance Trust has received 55.82% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about TPG RE Finance Trust and other stocks. Vote “Outperform” if you believe TRTX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TRTX will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
TPG RE Finance Trust is a leading dividend payer. It pays a dividend yield of 7.58%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
TPG RE Finance Trust has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of TPG RE Finance Trust is 45.45%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, TPG RE Finance Trust will have a dividend payout ratio of 74.77% next year. This indicates that TPG RE Finance Trust will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TPG RE Finance Trust insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.40% of the stock of TPG RE Finance Trust is held by insiders.
Percentage Held by Institutions
58.72% of the stock of TPG RE Finance Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for TPG RE Finance Trust are expected to grow in the coming year, from ($1.47) to $1.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TPG RE Finance Trust is -6.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of TPG RE Finance Trust is -6.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
TPG RE Finance Trust has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Real estate investment trusts

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:TRTX

Previous SymbolNASDAQ:TRTX

CUSIPN/A

CIK1630472

Webwww.tpgrefinance.com

Phone212-601-4700

EmployeesN/A

Debt

Debt-to-Equity Ratio2.89

Current Ratio239.26

Quick Ratio239.26

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$341.57 million

Price / Sales2.37

Cash Flow$2.35 per share

Price / Cash Flow4.49

Book Value$20.61 per share

Price / Book0.51

Profitability

EPS (Most Recent Fiscal Year)$1.76

Net Income$126.31 million

Net Margins-38.46%

Return on Equity-6.13%

Return on Assets-1.47%

Miscellaneous

Outstanding Shares76,757,000

Market Cap$809.79 million

Next Earnings Date2/16/2021 (Estimated)

OptionableOptionable

$10.55

-0.13 (-1.22 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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

How has TPG RE Finance Trust's stock been impacted by Coronavirus?

TPG RE Finance Trust's stock was trading at $16.72 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TRTX stock has decreased by 36.9% and is now trading at $10.55.
View which stocks have been most impacted by COVID-19.

Is TPG RE Finance Trust a buy right now?

4 Wall Street equities 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 equities research analysts is that investors should "buy" TPG RE Finance Trust stock.
View analyst ratings for TPG RE Finance Trust or view MarketBeat's top 5 stock picks.

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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but TPG RE Finance Trust wasn't one of them. MarketBeat thinks these five stocks 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 Tuesday, February 16th 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) posted its quarterly earnings data on Wednesday, July, 29th. The company reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.30. The firm earned $44.31 million during the quarter, compared to analyst estimates of $35.58 million. TPG RE Finance Trust had a negative return on equity of 6.13% and a negative net margin of 38.46%.
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 Tuesday, December 15th. Stockholders of record on Monday, December 28th will be given a dividend of $0.38 per share on Friday, January 22nd. This represents a $1.52 dividend on an annualized basis and a dividend yield of 14.41%. The ex-dividend date is Thursday, December 24th. This is a boost 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 7.58%. TRTX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. TPG RE Finance Trust does not yet have a strock track record of dividend growth. The dividend payout ratio of TPG RE Finance Trust is 45.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TPG RE Finance Trust will have a dividend payout ratio of 74.77% next year. This indicates that TPG RE Finance Trust will be able to sustain or increase its dividend.
View TPG RE Finance Trust's dividend history.

What price target have analysts set for TRTX?

4 brokers have issued 12 month price objectives for TPG RE Finance Trust's shares. Their forecasts range from $7.50 to $13.00. On average, they anticipate TPG RE Finance Trust's share price to reach $9.38 in the next twelve months. This suggests that the stock has a possible downside of 11.1%.
View analysts' price targets for TPG RE Finance Trust or view Wall Street analyst' top-rated stocks.

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

Some companies that are related to TPG RE Finance Trust include Keppel REIT (KREVF), National Health Investors (NHI), Uniti Group (UNIT), Weingarten Realty Investors (WRI), Apple Hospitality REIT (APLE), Corporate Office Properties Trust (OFC), Lexington Realty Trust (LXP), Outfront Media (OUT), Pebblebrook Hotel Trust (PEB), Taubman Centers (TCO), EPR Properties (EPR), National Storage Affiliates Trust (NSA), RLJ Lodging Trust (RLJ), Great Portland Estates (GPEAF) and Chimera Investment (CIM).
View all of TRTX's 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), Chimera Investment (CIM), Ladder Capital (LADR), AGNC Investment (AGNC), Apple Hospitality REIT (APLE), Invesco Mortgage Capital (IVR) and Wells Fargo & Company (WFC).

Who are TPG RE Finance Trust's key executives?

TPG RE Finance Trust's management team includes the following people:

Ms. Greta Guggenheim, CEO & Director (Age 62)
Mr. Matthew John Coleman, Pres (Age 44)
Mr. Robert R. Foley, Chief Financial Officer (Age 61, Pay $326k)
Mr. Peter Smith, Chief Investment Officer & VP (Age 55)
Ms. Deborah Ginsberg, VP, Gen. Counsel & Corp. Sec. (Age 42)
Ms. Evelyn Infurna, Investor Relations

When did TPG RE Finance Trust IPO?

(TRTX) raised $226 million in an initial public offering (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 institutional and retail investors. Top institutional shareholders include Wiley BROS. Aintree Capital LLC (0.03%) and Guidance Point Advisors LLC (0.02%). Company insiders that own TPG RE Finance Trust stock include Greta Guggenheim, Group Holdings (Sbs) Advis Tpg, 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 Guidance Point Advisors LLC, and Wiley BROS. Aintree Capital LLC.
View insider buying and selling activity for TPG RE Finance Trust or view top insider-selling 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.

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

One share of TRTX stock can currently be purchased for approximately $10.55.

How big of a company is TPG RE Finance Trust?

TPG RE Finance Trust has a market capitalization of $809.79 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, NEW YORK NY, 10106. The company can be reached via phone at 212-601-4700 or via email at [email protected]

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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