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

$19.56 0.15 (0.77 %)
(As of 12/15/2017 04:00 PM ET)
Previous Close$19.41
Today's Range$19.36 - $19.70
52-Week Range$18.61 - $20.70
Volume274,100 shs
Average Volume139,696 shs
Market Capitalization$1.16 billion
P/E RatioN/A
Dividend Yield1.70%
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.

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Industry, Sector and Symbol

Industry Consumer Lending
Sub-IndustryN/A
SectorFinance
SymbolNYSE:TRTX
CUSIPN/A
Phone212-601-7400

Debt

Debt-to-Equity Ratio1.27%
Current Ratio10.75%
Quick Ratio10.75%

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$92.39 million
Price / Sales12.62
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares59,620,000

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

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

5 Wall Street analysts have issued 12 month price targets for TPG RE Finance Trust's shares. 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 twelve months. 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 initial public offering 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 acted as the underwriters for the IPO and TPG Capital BD and JMP Securities were co-managers.

When does the company's lock-up period expire?

TPG RE Finance Trust's lock-up period expires on Tuesday, January 16th. TPG RE Finance Trust had issued 11,000,000 shares in its public offering on July 20th. The total size of the offering was $220,000,000 based on an initial share price of $20.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

Who owns TPG RE Finance Trust stock?

TPG RE Finance Trust's stock is owned by many different of retail and institutional investors. Top institutional investors 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 $19.56.

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 (TRTX)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  52 (Vote Outperform)
Underperform Votes:  65 (Vote Underperform)
Total Votes:  117
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

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

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyN/A
Consensus Rating Score: 2.602.602.60N/A
Ratings Breakdown: 0 Sell Rating(s)
2 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $21.20$21.20$21.20N/A
Price Target Upside: 6.53% upside6.53% upside7.78% upsideN/A

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

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

TPG RE Finance Trust (NYSE:TRTX) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/17/2017CitigroupReiterated RatingNeutral$22.00N/AView Rating Details
8/18/2017JMP SecuritiesInitiated CoverageMkt Outperform -> Outperform$21.50LowView Rating Details
8/18/2017Deutsche BankInitiated CoverageBuy$21.00LowView Rating Details
8/14/2017Bank of AmericaInitiated CoverageBuy -> Buy$21.00LowView Rating Details
8/14/2017J P Morgan Chase & CoInitiated CoverageNeutral -> Neutral$20.50LowView Rating Details
(Data available from 12/16/2015 forward)

Earnings

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

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

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

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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

TPG RE Finance Trust (NYSE:TRTX) Earnings Estimates

Current Year EPS Consensus Estimate: $1.96 EPS
Next Year EPS Consensus Estimate: $1.89 EPS

Dividends

TPG RE Finance Trust (NYSE:TRTX) Dividend Information

Most Recent Dividend:10/25/2017
Annual Dividend:$0.33
Dividend Yield:1.69%
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)

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

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

TPG RE Finance Trust (NYSE TRTX) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 26.37%
Insider Trades by Quarter for TPG RE Finance Trust (NYSE:TRTX)
Insider Trades by Quarter for TPG RE Finance Trust (NYSE:TRTX)

TPG RE Finance Trust (NYSE TRTX) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/1/2017Greta GuggenheimCEOBuy10,000$19.19$191,900.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

TPG RE Finance Trust (NYSE TRTX) News Headlines

Source:
DateHeadline
Head to Head Analysis: TPG RE Finance Trust (TRTX) & OneMain (OMF)Head to Head Analysis: TPG RE Finance Trust (TRTX) & OneMain (OMF)
www.americanbankingnews.com - December 10 at 1:30 AM
Financial Survey: TPG RE Finance Trust (TRTX) and Its RivalsFinancial Survey: TPG RE Finance Trust (TRTX) and Its Rivals
www.americanbankingnews.com - December 9 at 11:42 PM
Head to Head Analysis: First Cash (FCFS) vs. TPG RE Finance Trust (TRTX)Head to Head Analysis: First Cash (FCFS) vs. TPG RE Finance Trust (TRTX)
www.americanbankingnews.com - December 9 at 7:18 PM
TPG RE Finance Trust, Inc. (TRTX) Given Average Recommendation of "Buy" by AnalystsTPG RE Finance Trust, Inc. (TRTX) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - December 6 at 1:46 AM
Greta Guggenheim Buys 10,000 Shares of TPG RE Finance Trust, Inc. (TRTX) StockGreta Guggenheim Buys 10,000 Shares of TPG RE Finance Trust, Inc. (TRTX) Stock
www.americanbankingnews.com - December 4 at 9:02 PM

SEC Filings

TPG RE Finance Trust (NYSE:TRTX) SEC Filings

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Social Media

Financials

TPG RE Finance Trust (NYSE:TRTX) Income Statement, Balance Sheet and Cash Flow Statement

Chart

TPG RE Finance Trust (NYSE TRTX) Stock Chart for Saturday, December, 16, 2017

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This page was last updated on 12/16/2017 by MarketBeat.com Staff

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