TPG RE Finance Trust, Inc. (TRTX)

NYSE: TRTX · Real-Time Price · USD
8.32
-0.05 (-0.60%)
Feb 21, 2025, 4:00 PM EST - Market closed
-0.60%
Market Cap 673.95M
Revenue (ttm) 148.97M
Net Income (ttm) 59.67M
Shares Out 81.00M
EPS (ttm) 0.75
PE Ratio 11.13
Forward PE 7.78
Dividend $0.96 (11.54%)
Ex-Dividend Date Dec 27, 2024
Volume 583,135
Open 8.45
Previous Close 8.37
Day's Range 8.24 - 8.45
52-Week Range 6.74 - 9.66
Beta 2.21
Analysts Buy
Price Target 8.92 (+7.21%)
Earnings Date Feb 18, 2025

About TRTX

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; subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments; and commercial real estate collateralized loan obligations and commercial mortgage-backed securities secured by properties primarily in the multifam... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Jul 20, 2017
Country United States
Stock Exchange NYSE
Ticker Symbol TRTX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for TRTX stock is "Buy." The 12-month stock price forecast is $8.92, which is an increase of 7.21% from the latest price.

Price Target
$8.92
(7.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TPG RE Finance Trust, Inc. (TRTX) Q4 2024 Earnings Call Transcript

TPG RE Finance Trust, Inc. (NYSE:TRTX) Q4 2024 Earnings Conference Call February 19, 2025 9:00 AM ET Company Participants Doug Bouquard - CEO Bob Foley - CFO Conference Call Participants Tom Catherwo...

2 days ago - Seeking Alpha

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter and Full Year Ended December 31, 2024

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter and Full Year Ended December 31, 2024.

Other symbols: TPG
3 days ago - Business Wire

TPG RE Finance Trust, Inc. Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Dates

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Dates.

16 days ago - Business Wire

TPG RE Finance Trust, Inc. Announces Tax Treatment of 2024 Dividends

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Announces Tax Treatment of 2024 Dividends.

24 days ago - Business Wire

KBW Announces Index Rebalancing for Fourth-Quarter 2024

NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...

Other symbols: ABABRACREAPOARESARIBDN
2 months ago - GlobeNewsWire

TPG RE Finance Trust, Inc. Declares Cash Dividend on Common Stock

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that the Company's Board of Directors has declared a cash dividend of $0.24 per share of co...

2 months ago - Business Wire

TPG RE Finance Trust, Inc. Declares Cash Dividend on Series C Cumulative Redeemable Preferred Stock

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Declares Cash Dividend on Series C Cumulative Redeemable Preferred Stock.

Other symbols: TPG
2 months ago - Business Wire

TPG RE Finance Trust: I Doubled My Position In The 8% Yielding Preferreds

TPG RE Finance Trust's preferreds are trading for 77 cents on the dollar and offer an 8% yield on cost. The mREIT grew its loan investment portfolio during its fiscal 2024 third quarter as origination...

3 months ago - Seeking Alpha

TPG RE Finance Trust, Inc. (TRTX) Q3 2024 Earnings Call Transcript

TPG RE Finance Trust, Inc. (NYSE:TRTX) Q3 2024 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants Doug Bouquard - Chief Executive Officer Bob Foley - Chief Financial Officer Co...

4 months ago - Seeking Alpha

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended September 30, 2024

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended September 30, 2024.

4 months ago - Business Wire

TPG RE Finance Trust, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call Dates

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call Dates.

4 months ago - Business Wire

3 Small-Cap Mortgage REITs Yielding Over 10% In Dividends

When it comes to high-yield investments, mortgage REITs can be the unsung heroes of your portfolio.

Other symbols: EFCMFA
6 months ago - Benzinga

TPG RE Finance Trust: The Preferreds Are A Buy As Rate Cuts Loom

TRTX's commons have rallied 26% in the last year due to its conservative posturing, a reduction in office loans, and an increase in liquidity. The mREIT's loan portfolio is heavily focused on multifam...

6 months ago - Seeking Alpha

TPG RE Finance Trust, Inc. (TRTX) Q2 2024 Earnings Call Transcript

TPG RE Finance Trust, Inc. Q2 2024 Earnings Conference Call July 31, 2024 9:00 AM ET Company Participants Doug Bouquard - Chief Executive Officer Bob Foley - Chief Financial Officer Conference Call Pa...

7 months ago - Seeking Alpha

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended June 30, 2024

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) reported its operating results for the quarter ended June 30, 2024. Regarding second quarter results, Doug ...

7 months ago - Business Wire

TPG RE Finance Trust: Winner In mREIT Rally And Wise Income Portfolio

TPG RE Finance Trust has shown price strength in July, up by 11%, benefiting from the trending small-cap rotation and value rotation in the market. Improved yield curve and potential rate cuts could b...

7 months ago - Seeking Alpha

TPG RE Finance Trust, Inc. Announces Second Quarter 2024 Earnings Release and Conference Call Dates

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced it will release financial results for the second quarter 2024 and file its Form 10-Q and ea...

7 months ago - Business Wire

TPG RE Finance Trust, Inc. to Participate in Nareit's REITweek: 2024 Investor Conference

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that Bob Foley, Chief Financial Officer of TRTX, is scheduled to host investor meetings and...

9 months ago - Business Wire

TPG RE Finance Trust: The 11% Dividend Yield Comes With Multifamily Backing

TPG RE Finance Trust's common shares are trading at a 25% discount to book value after a rise from 52-week lows.

10 months ago - Seeking Alpha

TPG RE Finance Trust, Inc. (TRTX) Q1 2024 Earnings Call Transcript

TPG RE Finance Trust, Inc. (NYSE:TRTX) Q1 2024 Results Conference Call May 1, 2024 9:00 AM ET Company Participants Doug Bouquard - Chief Executive Officer Bob Foley - Chief Financial Officer Conferen...

10 months ago - Seeking Alpha

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2024

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) reported its operating results for the quarter ended March 31, 2024. Regarding first quarter results, Doug ...

10 months ago - Business Wire

TPG RE Finance Trust, Inc. Announces First Quarter 2024 Earnings Release and Conference Call Dates

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced it will release financial results for the first quarter 2024 and file its Form 10-Q and ear...

11 months ago - Business Wire

TPG RE Finance Trust: Why I Bought The 9.5% Yielding Preferreds

TPG RE Finance Trust, Inc. common shares have rallied due to a tightening of a deep discount to its book value per share. The mREIT's loan portfolio has seen a decline in its allocation to office prop...

1 year ago - Seeking Alpha

TPG RE Finance Trust, Inc. (TRTX) Q4 2023 Earnings Call Transcript

TPG RE Finance Trust, Inc. (TRTX) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter and Full Year Ended December 31, 2023

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) reported its operating results for the quarter and full year ended December 31, 2023. Regarding fourth quar...

1 year ago - Business Wire