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

$5.49
+0.49 (+9.80 %)
(As of 04/1/2020 03:50 AM ET)
Today's Range
$4.81
Now: $5.49
$5.69
50-Day Range
$3.41
MA: $15.33
$20.87
52-Week Range
$3.25
Now: $5.49
$21.30
Volume2.64 million shs
Average Volume922,510 shs
Market Capitalization$419.52 million
P/E Ratio3.17
Dividend Yield34.40%
Beta0.41
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.
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TPG RE Finance Trust logo

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Previous SymbolNASDAQ:TRTX
CUSIPN/A
Phone212-601-4700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$341.57 million
Cash Flow$1.67 per share
Book Value$20.61 per share

Profitability

Net Income$126.31 million

Miscellaneous

EmployeesN/A
Market Cap$419.52 million
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable

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

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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TRTX stock has decreased by 67.2% and is now trading at $5.49. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of TPG RE Finance Trust?

2 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 1 buy rating 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, May 4th 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 earnings results on Monday, November, 5th. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by $0.02. The company earned $36.60 million during the quarter, compared to the consensus estimate of $35.90 million. TPG RE Finance Trust had a net margin of 36.98% and a return on equity of 8.71%. The firm's revenue for the quarter was up 32.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.35 EPS. 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 declared a quarterly dividend on Wednesday, March 25th. Investors of record on Monday, June 15th will be paid a dividend of $0.43 per share on Tuesday, July 14th. This represents a $1.72 annualized dividend and a yield of 31.33%. The ex-dividend date is Friday, June 12th. View TPG RE Finance Trust's dividend history.

What price target have analysts set for TRTX?

2 analysts have issued 12 month price objectives for TPG RE Finance Trust's shares. Their forecasts range from $4.00 to $21.50. On average, they anticipate TPG RE Finance Trust's stock price to reach $12.75 in the next twelve months. This suggests a possible upside of 132.2% from the stock's current price. View analysts' price targets for TPG RE Finance Trust.

Has TPG RE Finance Trust been receiving favorable news coverage?

Headlines about TRTX stock have been trending very negative on Wednesday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. TPG RE Finance Trust earned a news impact score of -3.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutTPG RE Finance Trust.

Are investors shorting TPG RE Finance Trust?

TPG RE Finance Trust saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 1,170,000 shares, a decrease of 6.4% from the February 13th total of 1,250,000 shares. Based on an average daily volume of 424,900 shares, the days-to-cover ratio is currently 2.8 days. Currently, 1.9% of the shares of the company are short sold. View TPG RE Finance Trust's Current Options Chain.

Who are some of TPG RE Finance Trust's key 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), Starwood Property Trust (STWD), Johnson & Johnson (JNJ), AT&T (T), Apple Hospitality REIT (APLE), EPR Properties (EPR), Two Harbors Investment (TWO), AbbVie (ABBV) and CHIMERA INVT CO/SH NEW (CIM).

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 initial public offering 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.

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 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 $5.49.

How big of a company is TPG RE Finance Trust?

TPG RE Finance Trust has a market capitalization of $419.52 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.  View additional information about TPG RE Finance Trust.

What is TPG RE Finance Trust's official website?

The official website for TPG RE Finance Trust is http://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]


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

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  172 (Vote Outperform)
Underperform Votes:  220 (Vote Underperform)
Total Votes:  392
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.
This page was last updated on 4/1/2020 by MarketBeat.com Staff

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