TPG RE Finance Trust - TRTX Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TPG RE Finance Trust in the last twelve months. There are currently 4 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TRTX shares.
View TRTX analyst ratings or view top-rated stocks.

6 brokers have issued 1-year target prices for TPG RE Finance Trust's stock. Their TRTX share price forecasts range from $8.00 to $13.00. On average, they expect the company's stock price to reach $10.00 in the next year. This suggests a possible upside of 45.8% from the stock's current price.
View analysts price targets for TRTX or view top-rated stocks among Wall Street analysts.

TPG RE Finance Trust's stock was trading at $6.79 at the beginning of 2023. Since then, TRTX shares have increased by 1.0% and is now trading at $6.86.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our TRTX earnings forecast.

TPG RE Finance Trust, Inc. (NYSE:TRTX) announced its quarterly earnings results on Tuesday, November, 2nd. The company reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.03. TPG RE Finance Trust had a positive trailing twelve-month return on equity of 7.24% and a negative net margin of 19.65%. During the same period last year, the company earned $0.42 EPS.

TPG RE Finance Trust declared a quarterly dividend on Tuesday, March 14th. Investors of record on Wednesday, March 29th will be paid a dividend of $0.24 per share on Tuesday, April 25th. This represents a $0.96 dividend on an annualized basis and a yield of 13.99%. The ex-dividend date of this dividend is Tuesday, March 28th.
Read our dividend analysis for TRTX.

ETFs with the largest weight of TPG RE Finance Trust (NYSE:TRTX) stock in their portfolio include Invesco KBW High Dividend Yield Financial ETF (KBWD), InfraCap Equity Income Fund ETF (ICAP), Hoya Capital High Dividend Yield ETF (RIET) and iShares Mortgage Real Estate ETF (REM).Invesco Raymond James SB-1 Equity ETF (RYJ) and

TPG RE Finance Trust (NYSE:TRTX) pays an annual dividend of $0.96 per share and currently has a dividend yield of 14.04%. TRTX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for TRTX.

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), Two Harbors Investment (TWO), Chimera Investment (CIM), Ladder Capital (LADR), AGNC Investment (AGNC), Apple Hospitality REIT (APLE), Invesco Mortgage Capital (IVR) and Wells Fargo & Company (WFC).

(TRTX) raised $226 million in an initial public offering (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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRTX."

TPG RE Finance Trust's stock is owned by a variety of institutional and retail investors. Top institutional investors include Citigroup Inc. (2.47%), Geode Capital Management LLC (1.55%), DigitalBridge Group Inc. (1.34%), Charles Schwab Investment Management Inc. (1.08%), Brevan Howard Capital Management LP (1.08%) and Barclays PLC (0.66%). Insiders that own company stock include China Investment Corp and Group Holdings (Sbs) Advis Tpg.
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Shares of TRTX stock 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.
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One share of TRTX stock can currently be purchased for approximately $6.86.

TPG RE Finance Trust (NYSE:TRTX) has a market capitalization of $531.03 million and generates $305.71 million in revenue each year. The company earns $-60,070,000.00 in net income (profit) each year or ($0.96) on an earnings per share basis.

TPG RE Finance Trust's mailing address is 888 SEVENTH AVENUE 35TH FLOOR, NEW YORK NY, 10106. The official website for the company is www.tpgrefinance.com. The company can be reached via phone at (212) 601-7400 or via email at ir@tpgrefinance.com.