TPG RE Finance Trust, Inc. (TRTX)
| Market Cap | 649.65M |
| Revenue (ttm) | 148.97M |
| Net Income (ttm) | 59.67M |
| Shares Out | 81.00M |
| EPS (ttm) | 0.75 |
| PE Ratio | 10.73 |
| Forward PE | 7.96 |
| Dividend | $0.96 (11.97%) |
| Ex-Dividend Date | Mar 28, 2025 |
| Volume | 768,472 |
| Open | 8.14 |
| Previous Close | 8.36 |
| Day's Range | 8.00 - 8.16 |
| 52-Week Range | 6.99 - 9.66 |
| Beta | 2.29 |
| Analysts | Strong Buy |
| Price Target | 9.40 (+17.21%) |
| Earnings Date | Apr 29, 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]
Financial Performance
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for TRTX stock is "Strong Buy." The 12-month stock price forecast is $9.4, which is an increase of 17.21% from the latest price.
News
TPG RE Finance Trust: Buying 8.6% Yielding Preferreds As Rates Face Tariff Chaos
TPG RE Finance is up 12.8% over the last year to trade at a 24% discount to book value. The preferreds offer a yield on cost of 8.6% and trade at a 27% discount, providing a strong margin of safety an...
TPG RE Finance Trust, Inc. Declares Cash Dividend on Common Stock
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Declares Cash Dividend on Common Stock.
TPG RE Finance Trust, Inc. Announces Pricing of $1.1 Billion Commercial Real Estate CLO
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Announces Pricing of $1.1 Billion Commercial Real Estate CLO.
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.
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...
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.
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.
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.
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...
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...
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...
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.
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.
3 Small-Cap Mortgage REITs Yielding Over 10% In Dividends
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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...
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...
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 ...
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...
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...
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...
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.
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...
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 ...
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...
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...