S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
NYSE:TRTX

TPG RE Finance Trust Stock Forecast, Price & News

$12.20
-0.20 (-1.61%)
(As of 11/30/2021 12:00 AM ET)
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Today's Range
$12.05
$12.38
50-Day Range
$12.20
$13.45
52-Week Range
$9.58
$14.55
Volume
334,487 shs
Average Volume
272,563 shs
Market Capitalization
$939.99 million
P/E Ratio
27.73
Dividend Yield
7.74%
Beta
1.87
30 days | 90 days | 365 days | Advanced Chart
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TPG RE Finance Trust logo

About TPG RE Finance Trust

TPG RE Finance Trust, Inc. is a holding company, which engages in the provision of commercial real estate finance services. It originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in North America. The company was founded on October 24, 2014 and is headquartered in New York, NY.

Headlines

TPG RE Finance Trust 6.25% Pfd. Series C
October 14, 2021 |  wsj.com
Hedge Funds Are Nibbling On TPG RE Finance Trust, Inc. (TRTX)
September 29, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Previous Symbol
NASDAQ:TRTX
Fax
N/A
Employees
N/A
Year Founded
N/A

Sales & Book Value

Annual Sales
$284.21 million
Book Value
$18.76 per share

Profitability

Net Income
$-136.83 million
Pretax Margin
45.27%

Debt

Price-To-Earnings

Miscellaneous

Free Float
75,661,000
Market Cap
$939.99 million
Optionable
Optionable

Company Calendar

Ex-Dividend
9/28/2021
Dividend Payable
10/22/2021
Last Earnings
11/02/2021
Today
12/01/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/23/2022

MarketRank

Overall MarketRank

1.95 out of 5 stars

Finance Sector

700th out of 1,335 stocks

Real Estate Investment Trusts Industry

165th out of 223 stocks

Analyst Opinion: 2.5Community Rank: 4.1Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -












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

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 twelve months. 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 top-rated stocks.

How has TPG RE Finance Trust's stock been impacted by COVID-19 (Coronavirus)?

TPG RE Finance Trust's stock was trading at $16.72 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TRTX shares have decreased by 27.0% and is now trading at $12.20.
View which stocks have been most impacted by COVID-19
.

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

TPG RE Finance Trust is scheduled to release its next quarterly earnings announcement on Wednesday, February 23rd 2022.
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) released its quarterly earnings results on Tuesday, November, 2nd. The company reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.30 by $0.03. TPG RE Finance Trust had a net margin of 44.66% and a trailing twelve-month return on equity of 11.28%. During the same quarter last year, the business earned $0.42 earnings per share.
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 announced a quarterly dividend on Monday, September 13th. Investors of record on Wednesday, September 29th will be paid a dividend of $0.24 per share on Friday, October 22nd. This represents a $0.96 annualized dividend and a yield of 7.87%. The ex-dividend date is Tuesday, September 28th. 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 $0.96 per share and currently has a dividend yield of 7.74%. TRTX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. TPG RE Finance Trust has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of TPG RE Finance Trust is 218.19%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TPG RE Finance Trust will have a dividend payout ratio of 83.48% in the coming year. This indicates that TPG RE Finance Trust may not be able to sustain their current dividend.
View TPG RE Finance Trust's dividend history.

What price target have analysts set for TRTX?

4 analysts have issued 12 month price targets for TPG RE Finance Trust's shares. Their forecasts range from $11.50 to $15.50. On average, they expect TPG RE Finance Trust's share price to reach $14.13 in the next year. This suggests a possible upside of 15.8% from the stock's current price.
View analysts' price targets for TPG RE Finance Trust
or view top-rated stocks among Wall Street analysts.

Who are TPG RE Finance Trust's key executives?

TPG RE Finance Trust's management team includes the following people:
  • Matthew Coleman, President
  • Robert R. Foley, Chief Financial & Risk Officer
  • Peter Smith, Chief Investment Officer & Vice President
  • Deborah Ginsberg, Secretary, Vice President & General Counsel
  • Luke Barrett, Head-Media Contact

What other stocks do shareholders of TPG RE Finance Trust own?

When did TPG RE Finance Trust IPO?

(TRTX) raised $226 million in an 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 served 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 a variety of institutional and retail investors. Top institutional investors include TCW Group Inc. (1.53%), Hazelview Securities Inc. (1.41%), Geode Capital Management LLC (1.39%), MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income (0.95%), Goldman Sachs Group Inc. (0.77%) and Balyasny Asset Management LLC (0.65%). Company insiders that own TPG RE Finance Trust stock include China Investment Corp, 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 Hazelview Securities Inc., Connor Clark & Lunn Investment Management Ltd., Millennium Management LLC, Balyasny Asset Management LLC, Two Sigma Investments LP, Two Sigma Advisers LP, Credit Suisse AG, and Hotchkis & Wiley Capital Management LLC.
View insider buying and selling activity for TPG RE Finance Trust
or view top insider-selling stocks.

Which major investors are buying TPG RE Finance Trust stock?

TRTX stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Russell Investments Group Ltd., DigitalBridge Group Inc., TCW Group Inc., First Republic Investment Management Inc., State Board of Administration of Florida Retirement System, SG Americas Securities LLC, and Concorde Asset Management LLC. Company insiders that have bought TPG RE Finance Trust stock in the last two years include Greta Guggenheim, Group Holdings (Sbs) Advis Tpg, Michael Gillmore, and Peter A Smith.
View insider buying and selling activity for TPG RE Finance Trust
or or view top insider-buying 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.
Compare Top Brokerages Here.

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

One share of TRTX stock can currently be purchased for approximately $12.20.

How much money does TPG RE Finance Trust make?

TPG RE Finance Trust has a market capitalization of $939.99 million and generates $284.21 million in revenue each year. The company earns $-136.83 million in net income (profit) each year or $0.44 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.

Where are TPG RE Finance Trust's headquarters?

TPG RE Finance Trust is headquartered at 888 SEVENTH AVENUE 35TH FLOOR, NEW YORK NY, 10106.

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) 601-7400 or via email at [email protected].


This page was last updated on 12/1/2021 by MarketBeat.com Staff

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