TPG RE Finance Trust Stock Price, News & Analysis (NYSE:TRTX)

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 Tuesday, September 17th. Investors of record on Friday, September 27th will be given a dividend of $0.43 per share on Friday, October 25th. This represents a $1.72 annualized dividend and a yield of 8.42%. The ex-dividend date is Thursday, September 26th. View TPG RE Finance Trust's Dividend History.

TPG RE Finance Trust Inc (NYSE:TRTX) posted its quarterly earnings results on Monday, July, 29th. The company reported $0.43 EPS for the quarter, meeting the consensus estimate of $0.43. The firm earned $42.24 million during the quarter, compared to analyst estimates of $41.19 million. TPG RE Finance Trust had a net margin of 37.63% and a return on equity of 8.38%. During the same period last year, the firm earned $0.44 EPS. View TPG RE Finance Trust's Earnings History.

TPG RE Finance Trust is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for TPG RE Finance Trust.

1 analysts have issued 1 year price objectives for TPG RE Finance Trust's shares. Their predictions range from $21.50 to $21.50. On average, they expect TPG RE Finance Trust's stock price to reach $21.50 in the next year. This suggests a possible upside of 5.3% 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.

Media headlines about TRTX stock have trended somewhat negative recently, InfoTrie reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. TPG RE Finance Trust earned a coverage optimism score of -1.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for TPG RE Finance Trust.

TPG RE Finance Trust saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,416,100 shares, an increase of 13.0% from the July 31st total of 1,253,500 shares. Based on an average daily volume of 290,600 shares, the days-to-cover ratio is currently 4.9 days. Currently, 2.4% of the shares of the stock are short sold. View TPG RE Finance Trust's Current Options Chain.

Some companies that are related to TPG RE Finance Trust include Brixmor Property Group (BRX), Healthcare Trust Of America (HTA), Howard Hughes (HHC), Cousins Properties (CUZ), JBG SMITH Properties (JBGS), First Industrial Realty Trust (FR), PS Business Parks (PSB), Life Storage (LSI), Blackstone Mortgage Trust (BXMT), Rexford Industrial Realty (REXR), Eastgroup Properties (EGP), Highwoods Properties (HIW), Macerich (MAC), Healthcare Realty Trust (HR) and CoreSite Realty (COR).

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), Apple Hospitality REIT (APLE), Ares Capital (ARCC), Invesco Mortgage Capital (IVR), Johnson & Johnson (JNJ), Main Street Capital (MAIN), Verizon Communications (VZ) and Physicians Realty Trust (DOC).

(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 acted 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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.93%), BlackRock Inc. (6.14%), First Republic Investment Management Inc. (2.85%), Nuveen Asset Management LLC (2.10%), Bank of America Corp DE (1.50%) and Timbercreek Investment Management Inc. (1.36%). 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 First Republic Investment Management Inc., Morgan Stanley, Marshall Wace LLP, CIBC Private Wealth Group LLC, UBS Group AG, Menta Capital LLC, Van ECK Associates Corp and Aperio Group 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., Nuveen Asset Management LLC, Crestline Management LP, Vanguard Group Inc., Balyasny Asset Management LLC, Renaissance Technologies LLC and D. E. Shaw & Co. Inc.. 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 $20.42.

TPG RE Finance Trust has a market capitalization of $1.49 billion and generates $266.90 million in revenue each year. The company earns $106.94 million in net income (profit) each year or $1.70 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]