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

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$19.50 0.00 (0.00 %)
(As of 12/16/2018 04:00 PM ET)
Previous Close$19.50
Today's Range$19.3950 - $19.67
52-Week Range$18.22 - $21.05
Volume192,694 shs
Average Volume145,316 shs
Market Capitalization$1.29 billion
P/E Ratio11.21
Dividend Yield8.82%
Beta-0.15
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 the United States. It invests in commercial mortgage loans; and subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments 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 incorporated in 2014 and is based in New York, New York.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:TRTX
Previous SymbolNASDAQ:TRTX
CUSIPN/A
Phone212-601-4700

Debt

Debt-to-Equity Ratio2.12
Current Ratio36.68
Quick Ratio36.68

Price-To-Earnings

Trailing P/E Ratio11.21
Forward P/E Ratio11.40
P/E Growth2.28

Sales & Book Value

Annual Sales$200.60 million
Price / Sales6.42
Cash Flow$1.4541 per share
Price / Cash Flow13.41
Book Value$20.15 per share
Price / Book0.97

Profitability

EPS (Most Recent Fiscal Year)$1.74
Net Income$94.35 million
Net Margins41.60%
Return on Equity8.41%
Return on Assets2.64%

Miscellaneous

EmployeesN/A
Outstanding Shares66,040,000
Market Cap$1.29 billion
OptionableOptionable

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

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."

How often does TPG RE Finance Trust pay dividends? What is the dividend yield for TPG RE Finance Trust?

TPG RE Finance Trust announced a quarterly dividend on Tuesday, September 18th. Investors of record on Friday, September 28th will be given a dividend of $0.43 per share on Thursday, October 25th. This represents a $1.72 annualized dividend and a dividend yield of 8.82%. The ex-dividend date of this dividend is Thursday, September 27th. View TPG RE Finance Trust's Dividend History.

How were TPG RE Finance Trust's earnings last quarter?

TPG RE Finance Trust Inc (NYSE:TRTX) announced its earnings results on Monday, November, 5th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.44 by $0.02. The business earned $36.60 million during the quarter, compared to analysts' expectations of $35.90 million. TPG RE Finance Trust had a return on equity of 8.41% and a net margin of 41.60%. TPG RE Finance Trust's revenue for the quarter was up 32.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.35 earnings per share. View TPG RE Finance Trust's Earnings History.

When is TPG RE Finance Trust's next earnings date?

TPG RE Finance Trust is scheduled to release their next quarterly earnings announcement on Monday, February 25th 2019. View Earnings Estimates for TPG RE Finance Trust.

What price target have analysts set for TRTX?

3 Wall Street analysts have issued twelve-month price targets for TPG RE Finance Trust's stock. Their forecasts range from $21.00 to $22.00. On average, they anticipate TPG RE Finance Trust's share price to reach $21.50 in the next year. This suggests a possible upside of 10.3% from the stock's current price. View Analyst Price Targets for TPG RE Finance Trust.

What is the consensus analysts' recommendation for TPG RE Finance Trust?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPG RE Finance Trust in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TPG RE Finance Trust.

Has TPG RE Finance Trust been receiving favorable news coverage?

Media stories about TRTX stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news 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 1.0 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

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

Who are TPG RE Finance Trust's key executives?

TPG RE Finance Trust's management team includes the folowing people:
  • Ms. Greta Guggenheim, CEO, Pres & Director (Age 59)
  • Mr. Robert R. Foley, Chief Financial & Risk Officer (Age 58)
  • Ms. Deborah Ginsberg, VP, Sec. & Gen. Counsel (Age 39)
  • Mr. Matthew J. Coleman, VP (Age 41)
  • Mr. Peter Smith, VP (Age 52)

When did TPG RE Finance Trust IPO?

(TRTX) raised $226 million in an initial public offering 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.

Who are TPG RE Finance Trust's major shareholders?

TPG RE Finance Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.92%), Vanguard Group Inc. (6.39%), Vanguard Group Inc (6.39%), Renaissance Technologies LLC (0.82%), Clearbridge Investments LLC (0.81%) and Timbercreek Investment Management Inc. (0.65%). 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 JPMorgan Chase & Co., Blackstone Group L.P., Citadel Advisors LLC, Clearbridge Investments LLC, Credit Suisse AG and TIAA CREF Investment Management LLC. View Insider Buying and Selling for TPG RE Finance Trust.

Which major investors are buying TPG RE Finance Trust stock?

TRTX stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc, Vanguard Group Inc., Renaissance Technologies LLC, KAMES CAPITAL plc, SG Americas Securities LLC, LDR Capital Management LLC, BlackRock Inc. and Emerald Mutual Fund Advisers Trust. View Insider Buying and Selling for TPG RE Finance Trust.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, 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 $19.50.

How big of a company is TPG RE Finance Trust?

TPG RE Finance Trust has a market capitalization of $1.29 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.

What is TPG RE Finance Trust's official website?

The official website for TPG RE Finance Trust is http://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]


MarketBeat Community Rating for TPG RE Finance Trust (NYSE TRTX)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  120 (Vote Outperform)
Underperform Votes:  150 (Vote Underperform)
Total Votes:  270
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.
This page was last updated on 12/16/2018 by MarketBeat.com Staff

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