NYSE:TRTX TPG RE Finance Trust Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding TPG RE Finance Trust Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $8.65 -0.18 (-2.04 %) (As of 09/22/2020 12:58 PM ET) Add Compare Share Today's Range$8.65Now: $8.65▼$9.0250-Day Range$8.54MA: $8.91▼$9.1552-Week Range$2.45Now: $8.65▼$21.30Volume7,712 shsAverage Volume1.22 million shsMarket Capitalization$663.94 millionP/E RatioN/ADividend Yield8.75%Beta1.85 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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 North America. 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.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingTPG RE Finance Trust has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.80, TPG RE Finance Trust has a forecasted upside of 32.3% from its current price of $8.92.Amount of Analyst CoverageTPG RE Finance Trust has only been the subject of 2 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesTPG RE Finance Trust has received 183 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTPG RE Finance Trust has received 233 “underperform” votes. (Add your “underperform” vote.)Community SentimentTPG RE Finance Trust has received 56.01% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipTPG RE Finance Trust is a leading dividend payer. It pays a dividend yield of 8.75%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTPG RE Finance Trust has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of TPG RE Finance Trust is 45.45%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, TPG RE Finance Trust will have a dividend payout ratio of 74.77% next year. This indicates that TPG RE Finance Trust will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TPG RE Finance Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,316,048.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.40% of the stock of TPG RE Finance Trust is held by insiders.Percentage Held by Institutions58.72% of the stock of TPG RE Finance Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for TPG RE Finance Trust are expected to grow in the coming year, from ($1.47) to $1.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TPG RE Finance Trust is -5.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of TPG RE Finance Trust is -5.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioTPG RE Finance Trust has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.84 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:TRTX Previous SymbolNASDAQ:TRTX CUSIPN/A CIK1630472 Webwww.tpgrefinance.com Phone212-601-4700Debt Debt-to-Equity Ratio2.89 Current Ratio241.68 Quick Ratio241.68Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$341.57 million Price / Sales1.94 Cash Flow$1.79 per share Price / Cash Flow4.83 Book Value$20.61 per share Price / Book0.42Profitability EPS (Most Recent Fiscal Year)$1.76 Net Income$126.31 million Net Margins-38.46% Return on Equity-4.43% Return on Assets-1.06%Miscellaneous EmployeesN/A Outstanding Shares76,756,000Market Cap$663.94 million Next Earnings Date10/26/2020 (Estimated) OptionableOptionable $8.65 -0.18 (-2.04 %) (As of 09/22/2020 12:58 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive TRTX News and Ratings via Email Sign-up to receive the latest news and ratings for TRTX and its competitors with MarketBeat's FREE daily newsletter. TPG RE Finance Trust (NYSE:TRTX) Frequently Asked Questions How has TPG RE Finance Trust's stock price been impacted by Coronavirus? TPG RE Finance Trust's stock was trading at $16.72 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TRTX shares have decreased by 48.3% and is now trading at $8.65. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of TPG RE Finance Trust? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPG RE Finance Trust in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for TPG RE Finance Trust. When is TPG RE Finance Trust's next earnings date? TPG RE Finance Trust is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020. 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) issued its quarterly earnings data on Wednesday, July, 29th. The company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.22 by $0.30. The firm earned $44.31 million during the quarter, compared to the consensus estimate of $35.58 million. TPG RE Finance Trust had a negative net margin of 38.46% and a negative return on equity of 4.43%. 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 Tuesday, September 15th. Stockholders of record on Friday, September 25th will be given a dividend of $0.20 per share on Friday, October 23rd. This represents a $0.80 dividend on an annualized basis and a yield of 9.25%. The ex-dividend date is Thursday, September 24th. View TPG RE Finance Trust's dividend history. What price target have analysts set for TRTX? 5 brokerages have issued 1 year price objectives for TPG RE Finance Trust's shares. Their forecasts range from $7.50 to $21.50. On average, they anticipate TPG RE Finance Trust's stock price to reach $11.80 in the next year. This suggests a possible upside of 36.4% from the stock's current price. View analysts' price targets for TPG RE Finance Trust. Are investors shorting TPG RE Finance Trust? TPG RE Finance Trust saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,590,000 shares, a drop of 21.3% from the August 15th total of 2,020,000 shares. Based on an average trading volume of 738,700 shares, the days-to-cover ratio is currently 2.2 days. Approximately 2.6% of the company's stock are sold short. View TPG RE Finance Trust's Short Interest. Who are some of TPG RE Finance Trust's key competitors? Some companies that are related to TPG RE Finance Trust include National Health Investors (NHI), Potlatchdeltic (PCH), Corporate Office Properties Trust (OFC), National Storage Affiliates Trust (NSA), Great Portland Estates (GPEAF), Outfront Media (OUT), Weingarten Realty Investors (WRI), Taubman Centers (TCO), Apple Hospitality REIT (APLE), Safestore (SFSHF), EPR Properties (EPR), CHIMERA INVT CO/SH NEW (CIM), Ryman Hospitality Properties (RHP), Uniti Group (UNIT) and CYRELA BRAZIL R/S (CYRBY). View all competitors. What other stocks do shareholders of TPG RE Finance Trust own? 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), Ladder Capital (LADR), Two Harbors Investment (TWO), Starwood Property Trust (STWD), Apple Hospitality REIT (APLE), CHIMERA INVT CO/SH NEW (CIM), MFA FINL INC/SH (MFA), AGNC Investment (AGNC) and NY MTG TR INC/SH (NYMT). Who are TPG RE Finance Trust's key executives? TPG RE Finance Trust's management team includes the following people: Ms. Greta Guggenheim, CEO, Pres & Director (Age 60)Mr. Robert R. Foley, Chief Financial & Risk Officer (Age 59)Ms. Deborah Ginsberg, VP, Sec. & Gen. Counsel (Age 40)Mr. Matthew J. Coleman, VP (Age 42)Mr. Peter Smith, VP (Age 53) 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 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 number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.02%), Prudential Financial Inc. (2.62%), Goldman Sachs Group Inc. (1.87%), Timbercreek Investment Management Inc. (1.79%), WINTON GROUP Ltd (1.10%) and Balyasny Asset Management LLC (0.75%). Company insiders that own TPG RE Finance Trust stock include 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 Ieq Capital LLC, Evoke Wealth LLC, Bank of America Corp DE, Balyasny Asset Management LLC, Two Sigma Advisers LP, Nuveen Asset Management LLC, First Republic Investment Management Inc., and Engineers Gate Manager LP. View insider buying and selling activity for TPG RE Finance Trust. Which major investors are buying TPG RE Finance Trust stock? TRTX stock was purchased by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Goldman Sachs Group Inc., WINTON GROUP Ltd, Timbercreek Investment Management Inc., Vanguard Group Inc., Orinda Asset Management LLC, Charles Schwab Investment Management Inc., and Nisa Investment Advisors 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. 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, Robinhood, 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 $8.65. How big of a company is TPG RE Finance Trust? TPG RE Finance Trust has a market capitalization of $663.94 million and generates $341.57 million in revenue each year. The company earns $126.31 million in net income (profit) each year or $1.76 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. 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] This page was last updated on 9/22/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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