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

$19.47 -0.03 (-0.15 %)
(As of 11/24/2017 04:00 PM ET)
Previous Close$19.50
Today's Range$19.42 - $19.54
52-Week Range$18.71 - $20.70
Volume15,742 shs
Average Volume151,195 shs
Market Capitalization$1.16 billion
P/E RatioN/A
Dividend Yield1.68%
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.

Industry, Sector and Symbol

Industry Consumer Lending
Sub-IndustryN/A
SectorFinance
SymbolNYSE:TRTX
  • Previous Symbol: NASDAQ:TRTX
  • CUSIPN/A

    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 / Sales12.56
    Cash FlowN/A
    Price / CashN/A
    Book Value$20.26 per share
    Price / Book0.96

    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

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

    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 an annual dividend on Wednesday, September 27th. Stockholders of record on Friday, October 6th will be paid a dividend of $0.33 per share on Wednesday, October 25th. The ex-dividend date 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) released its earnings results on Monday, November, 6th. The company reported $0.35 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.35. The firm had revenue of $27.58 million for the quarter, compared to analyst estimates of $26 million. The business's quarterly revenue was up 17.5% compared to the same quarter last year. During the same quarter last year, the firm 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 analysts have issued twelve-month price targets for TPG RE Finance Trust's shares. Their forecasts range from $20.50 to $22.00. On average, they anticipate 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 IPO 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.

    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 $19.47.

    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:  2.3 out of 5 (star star)
    Outperform Votes:  51 (Vote Outperform)
    Underperform Votes:  58 (Vote Underperform)
    Total Votes:  109
    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

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

      (How are Consensus Ratings Calculated?)
    Today30 Days Ago90 Days Ago180 Days Ago
    Consensus Rating: BuyHoldBuyN/A
    Consensus Rating Score: 2.502.332.60N/A
    Ratings Breakdown: 0 Sell Rating(s)
    3 Hold Rating(s)
    3 Buy Rating(s)
    0 Strong Buy Rating(s)
    1 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: $21.33$21.20$21.20N/A
    Price Target Upside: 10.71% upside6.53% upside7.78% upsideN/A

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

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

    Analysts' Ratings History for TPG RE Finance Trust (NYSE:TRTX)

    Show:
    DateFirmActionRatingPrice TargetImpact on Share PriceDetails
    10/17/2017Citigroup Inc.Reiterated RatingNeutral$22.00N/AView Rating Details
    8/18/2017JMP SecuritiesInitiated CoverageMkt Outperform -> Outperform$21.50LowView Rating Details
    8/18/2017Deutsche Bank AGInitiated CoverageBuy$21.00LowView Rating Details
    8/14/2017Bank of America CorporationInitiated CoverageBuy -> Buy$21.00LowView Rating Details
    8/14/2017J P Morgan Chase & CoInitiated CoverageNeutral -> Neutral$20.50LowView Rating Details
    (Data available from 11/24/2015 forward)

    Earnings

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

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

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

    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

    Earnings Estimates for TPG RE Finance Trust (NYSE:TRTX)
    Current Year EPS Consensus Estimate: $1.96 EPS
    Next Year EPS Consensus Estimate: $1.89 EPS

    Dividends

    Current Dividend Information for TPG RE Finance Trust (NYSE:TRTX)

    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)

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

    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

    Insider Trading History for TPG RE Finance Trust (NYSE TRTX)

    No insider trades for this company have been tracked by MarketBeat.com

    Headlines

    Latest Headlines for TPG RE Finance Trust (NYSE TRTX)

    Source:
    No headlines for this company have been tracked by MarketBeat.com

    Social Media

    Financials

    Chart

    TPG RE Finance Trust (NYSE TRTX) Chart for Friday, November, 24, 2017
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    This page was last updated on 11/24/2017 by MarketBeat.com Staff

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