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

Sign in or create an account to add this stock to your watchlist.
$19.43 +0.01 (+0.05 %)
(As of 01/16/2019 10:19 AM ET)
Previous Close$19.42
Today's Range$19.43 - $19.49
52-Week Range$17.81 - $21.05
Volume538 shs
Average Volume166,450 shs
Market Capitalization$1.28 billion
P/E Ratio11.17
Dividend Yield8.90%
Beta0.13
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 the United States. 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.

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.

Industry, Sector and Symbol

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

Debt

Current Ratio36.68
Quick Ratio36.68

Price-To-Earnings

Sales & Book Value

Annual Sales$200.60 million
Price / Sales6.40
Cash Flow$1.4620 per share
Price / Cash Flow13.29
Book Value$20.15 per share
Price / Book0.96

Profitability

Net Income$94.35 million
Net Margins41.60%
Return on Assets2.64%

Miscellaneous

EmployeesN/A
Market Cap$1.28 billion
OptionableOptionable

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 declared a quarterly dividend on Wednesday, December 19th. Investors of record on Friday, December 28th will be paid a dividend of $0.43 per share on Friday, January 25th. This represents a $1.72 dividend on an annualized basis and a yield of 8.84%. The ex-dividend date is Thursday, December 27th. 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) announced its quarterly earnings results on Monday, November, 5th. The company reported $0.42 EPS for the quarter, missing analysts' consensus estimates of $0.44 by $0.02. The firm had revenue of $36.60 million for the quarter, compared to the consensus estimate of $35.90 million. TPG RE Finance Trust had a return on equity of 8.41% and a net margin of 41.60%. TPG RE Finance Trust's revenue was up 32.6% on a year-over-year basis. During the same period last year, the company earned $0.35 EPS. View TPG RE Finance Trust's Earnings History.

When is TPG RE Finance Trust's next earnings date?

TPG RE Finance Trust is scheduled to release their next quarterly earnings announcement on Monday, February 25th 2019. View Earnings Estimates for TPG RE Finance Trust.

What price target have analysts set for TRTX?

3 brokerages have issued 12-month target prices for TPG RE Finance Trust's stock. Their predictions range from $21.00 to $22.00. On average, they anticipate TPG RE Finance Trust's stock price to reach $21.50 in the next year. This suggests a possible upside of 10.5% from the stock's current price. View Analyst Price Targets for TPG RE Finance Trust.

What is the consensus analysts' recommendation for TPG RE Finance Trust?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPG RE Finance Trust in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TPG RE Finance Trust.

Has TPG RE Finance Trust been receiving favorable news coverage?

News coverage about TRTX stock has been trending positive recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. TPG RE Finance Trust earned a daily sentiment score of 2.8 on InfoTrie's scale. They also gave headlines about the company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an effect on the company's share price in the next several days.

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:
  • 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.

Who are TPG RE Finance Trust's major shareholders?

TPG RE Finance Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include KAMES CAPITAL plc (0.89%) and Timbercreek Investment Management Inc. (0.74%). Company insiders that own TPG RE Finance Trust stock include Greta Guggenheim and Peter A Smith. View Institutional Ownership Trends for TPG RE Finance Trust.

Which major investors are buying TPG RE Finance Trust stock?

TRTX stock was acquired by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc and Timbercreek Investment Management Inc.. Company insiders that have bought TPG RE Finance Trust stock in the last two years include Greta Guggenheim and Peter A Smith. View Insider Buying and Selling 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, Scottrade, 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 $19.45.

How big of a company is TPG RE Finance Trust?

TPG RE Finance Trust has a market capitalization of $1.28 billion and generates $200.60 million in revenue each year. The company earns $94.35 million in net income (profit) each year or $1.74 on an earnings per share basis.

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:  123 (Vote Outperform)
Underperform Votes:  154 (Vote Underperform)
Total Votes:  277
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 1/16/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel