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 declared a quarterly dividend on Tuesday, September 17th. Investors of record on Friday, September 27th will be paid a dividend of $0.43 per share on Friday, October 25th. This represents a $1.72 dividend on an annualized basis and a yield of 8.44%. The ex-dividend date of this dividend is Thursday, September 26th. View TPG RE Finance Trust's Dividend History.

TPG RE Finance Trust Inc (NYSE:TRTX) released its quarterly earnings results on Monday, July, 29th. The company reported $0.43 EPS for the quarter, hitting analysts' consensus estimates of $0.43. The company had revenue of $42.24 million for the quarter, compared to analyst estimates of $41.19 million. TPG RE Finance Trust had a return on equity of 8.38% and a net margin of 37.63%. During the same period in the prior year, the firm posted $0.44 earnings per share. 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 Wall Street analysts have issued 12 month price objectives for TPG RE Finance Trust's stock. Their predictions range from $21.50 to $21.50. On average, they expect TPG RE Finance Trust's share price to reach $21.50 in the next twelve months. This suggests a possible upside of 5.4% 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.

News articles about TRTX stock have trended somewhat negative recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. TPG RE Finance Trust earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for TPG RE Finance Trust.

TPG RE Finance Trust saw a increase in short interest in 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 trading volume of 290,600 shares, the days-to-cover ratio is currently 4.9 days. Approximately 2.4% of the company's stock are sold short. 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), Blackstone Mortgage Trust (BXMT), Rexford Industrial Realty (REXR), Life Storage (LSI), Eastgroup Properties (EGP), Highwoods Properties (HIW), Macerich (MAC), CoreSite Realty (COR) and Healthcare Realty Trust (HR).

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 served 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 a number of of institutional and retail 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 acquired 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 $20.39.

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]