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

$19.60 0.10 (0.51 %)
(As of 11/22/2017 09:53 AM ET)
Previous Close$19.50
Today's Range$19.48 - $19.75
52-Week Range$18.71 - $20.70
Volume49,800 shs
Average Volume153,940 shs
Market Capitalization$1.16 billion
P/E RatioN/A
Dividend Yield1.69%
BetaN/A

About TPG RE Finance Trust (NYSE:TRTX)

TPG RE Finance Trust logoTPG RE Finance Trust, Inc. is a commercial real estate finance company. The Company is engaged in originating, acquiring and managing commercial mortgage loans and other commercial real estate-related debt instruments. It focuses primarily on directly originating and selectively acquiring floating rate first mortgage loans that are secured by high quality commercial real estate properties undergoing some form of transition and value creation, such as re-tenanting, refurbishment or other form of repositioning. As of December 31, 2016, the Company’s portfolio consisted of 54 first mortgage loans. As of December 31, 2016, 97% of the loan commitments in its portfolio consisted of floating rate loans, and 98.6% of the loan commitments in its portfolio consisted of first mortgage loans.


Industry, Sector and Symbol:
  • Industry: Consumer Lending
  • Sub-Industry: N/A
  • Sector: Finance
  • Symbol: NYSE:TRTX
  • Previous Symbol: NASDAQ:TRTX
  • CUSIP: N/A
  • Web: www.tpgrefinance.com
Debt:
  • Debt-to-Equity Ratio: 1.27%
  • Current Ratio: 10.75%
  • Quick Ratio: 10.75%
Sales & Book Value:
  • Annual Sales: $92.39 million
  • Price / Sales: 12.65
  • Book Value: $20.26 per share
  • Price / Book: 0.97
Dividend:
  • Annual Dividend: $0.33
  • Dividend Yield: 1.7%
Misc:
  • Outstanding Shares: 59,620,000
 

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

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 an annual dividend on Wednesday, September 27th. Investors of record on Friday, October 6th will be given a dividend of $0.33 per share on Wednesday, October 25th. The ex-dividend date is Thursday, October 5th. 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) posted its earnings results on Monday, November, 6th. The company reported $0.35 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.35. The business earned $27.58 million during the quarter, compared to the consensus estimate of $26 million. The company's quarterly revenue was up 17.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.43 EPS. View TPG RE Finance Trust's Earnings History.

When will TPG RE Finance Trust make its next earnings announcement?

TPG RE Finance Trust is scheduled to release their next quarterly earnings announcement on Thursday, November, 23rd 2017. View Earnings Estimates for TPG RE Finance Trust.

Where is TPG RE Finance Trust's stock going? Where will TPG RE Finance Trust's stock price be in 2017?

5 equities research analysts have issued twelve-month price targets for TPG RE Finance Trust's stock. Their forecasts range from $20.50 to $22.00. On average, they expect TPG RE Finance Trust's stock price to reach $21.20 in the next year. View Analyst Ratings for TPG RE Finance Trust.

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:

  • Avi Banyasz, Chairman of the Board (Age 44)
  • Greta Guggenheim, President, Chief Executive Officer, Director (Age 56)
  • Robert R. Foley, Chief Financial and Risk Officer (Age 57)
  • Deborah Ginsberg, Vice President, Secretary (Age 38)
  • Matthew J. Coleman, Vice President (Age 40)
  • Peter Smith, Vice President (Age 51)
  • Kelvin L. Davis, Director (Age 53)
  • Michael Gillmore, Independent Director Nominee (Age 60)
  • Wendy A. Silverstein, Independent Director Nominee (Age 55)
  • Bradley Smith, Independent Director Nominee (Age 49)

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 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 owns TPG RE Finance Trust stock?

TPG RE Finance Trust's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Alyeska Investment Group L.P. (1.86%), NWQ Investment Management Company LLC (1.09%), Blackstone Group L.P. (0.80%), Magnetar Financial LLC (0.33%), State of New Jersey Common Pension Fund D (0.07%) and Schwab Charles Investment Management Inc. (0.07%). View Institutional Ownership Trends for TPG RE Finance Trust.

Who bought TPG RE Finance Trust stock? Who is buying TPG RE Finance Trust stock?

TPG RE Finance Trust's stock was acquired by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., NWQ Investment Management Company LLC, Blackstone Group L.P., Magnetar Financial LLC, State of New Jersey Common Pension Fund D, Schwab Charles Investment Management Inc., Bank of New York Mellon Corp and HGI Capital Management LLC. View Insider Buying and Selling for TPG RE Finance Trust.

How do I buy TPG RE Finance Trust stock?

Shares of TPG RE Finance Trust 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 TPG RE Finance Trust stock can currently be purchased for approximately $19.60.

How big of a company is TPG RE Finance Trust?

TPG RE Finance Trust has a market capitalization of $1.16 billion and generates $92.39 million in revenue each year.

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]


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

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  50 (Vote Outperform)
Underperform Votes:  58 (Vote Underperform)
Total Votes:  108
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for TPG RE Finance Trust (NYSE:TRTX)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 2 Hold Ratings, 3 Buy Ratings, 0 Strong Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $21.20 (8.16% upside)

Consensus Price Target History for TPG RE Finance Trust (NYSE:TRTX)

Price Target History for TPG RE Finance Trust (NYSE:TRTX)

Analysts' Ratings History for TPG RE Finance Trust (NYSE:TRTX)

Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/17/2017Citigroup Inc.Reiterated RatingNeutral$22.00N/AView Rating Details
8/18/2017JMP SecuritiesInitiated CoverageMkt Outperform -> Outperform$21.50LowView Rating Details
8/18/2017Deutsche Bank AGInitiated CoverageBuy$21.00LowView Rating Details
8/14/2017Bank of America CorporationInitiated CoverageBuy -> Buy$21.00LowView Rating Details
8/14/2017J P Morgan Chase & CoInitiated CoverageNeutral -> Neutral$20.50LowView Rating Details
(Data available from 11/22/2015 forward)

Earnings

Earnings History and Estimates Chart for TPG RE Finance Trust (NYSE:TRTX)

Earnings by Quarter for TPG RE Finance Trust (NYSE:TRTX)

Earnings History by Quarter for TPG RE Finance Trust (NYSE TRTX)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/23/2017        
11/6/2017Q3 2017$0.35$0.35$26.00 million$27.58 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TPG RE Finance Trust (NYSE:TRTX)
Current Year EPS Consensus Estimate: $1.96 EPS
Next Year EPS Consensus Estimate: $1.89 EPS

Dividends

Current Dividend Information for TPG RE Finance Trust (NYSE:TRTX)

Most Recent Dividend:10/25/2017
Annual Dividend:$0.33
Dividend Yield:1.68%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:16.84% (Based on This Year's Estimates)
17.46% (Based on Next Year's Estimates)
Dividend Payments by Quarter for TPG RE Finance Trust (NYSE:TRTX)

Dividend History by Quarter for TPG RE Finance Trust (NYSE TRTX)

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/27/2017Annual$0.3310/5/201710/6/201710/25/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for TPG RE Finance Trust (NYSE TRTX)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for TPG RE Finance Trust (NYSE TRTX)

Source:
No headlines for this company have been tracked by MarketBeat.com

Social Media

Financials

Chart

TPG RE Finance Trust (NYSE TRTX) Chart for Wednesday, November, 22, 2017
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This page was last updated on 11/22/2017 by MarketBeat.com Staff

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