TPG RE Finance Trust, Inc. (TRTX)

NYSE: TRTX · Real-Time Price · USD
8.92
+0.17 (1.94%)
Nov 4, 2025, 4:00 PM EST - Market closed
1.94%
Market Cap698.09M
Revenue (ttm)138.59M
Net Income (ttm)52.20M
Shares Out 78.26M
EPS (ttm)0.65
PE Ratio13.77
Forward PE8.19
Dividend$0.96 (10.76%)
Ex-Dividend DateSep 26, 2025
Volume704,111
Open8.71
Previous Close8.75
Day's Range8.69 - 8.98
52-Week Range6.47 - 9.85
Beta1.71
AnalystsBuy
Price Target10.75 (+20.52%)
Earnings DateOct 28, 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]

IPO Date Jul 20, 2017
Country United States
Stock Exchange NYSE
Ticker Symbol TRTX
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for TRTX stock is "Buy." The 12-month stock price target is $10.75, which is an increase of 20.52% from the latest price.

Price Target
$10.75
(20.52% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TPG RE Finance Trust: The Fed Will Drive The Preferreds Higher

TPG RE Finance Trust trades at a significant discount to book value and is paying out a covered 11% dividend yield. The Series C Preferreds currently yield 8.8% and trade at a 30% discount to liquidat...

2 days ago - Seeking Alpha

TPG RE Finance Trust, Inc. (TRTX) Q3 2025 Earnings Call Transcript

TPG RE Finance Trust, Inc. ( TRTX) Q3 2025 Earnings Call October 29, 2025 9:00 AM EDT Company Participants Robert Foley - Senior Advisor Doug Bouquard - CEO & Director Brandon Fox - Chief Accounting ...

6 days ago - Seeking Alpha

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended September 30, 2025

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) reported its operating results for the quarter ended September 30, 2025. Regarding third quarter results, D...

7 days ago - Business Wire

TPG RE Finance Trust, Inc. Announces Pricing of $1.1 Billion Commercial Real Estate CLO

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the pricing of TRTX 2025-FL7, a $1.1 billion managed Commercial Real Estate Collateralized ...

8 days ago - Business Wire

TPG RE Finance Trust, Inc. Announces Third Quarter 2025 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 third quarter 2025 and file its Form 10-Q and ear...

20 days ago - Business Wire

TPG RE Finance Trust, Inc. Announces Retirement of Chief Financial Officer Bob Foley and Appointment of Brandon Fox as Interim Chief Financial Officer

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that Robert (“Bob”) R. Foley, the Company's chief financial officer, has decided to retire ...

7 weeks ago - Business Wire

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...

7 weeks 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. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the Company's Board of Directors declared a cash dividend of $0.3906 per share of 6.25% Ser...

2 months ago - Business Wire

TPG RE Finance Trust, Inc. Announces Share Repurchase Program

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 approved a new share repurchase program (the “Pro...

2 months ago - Business Wire

TPG RE Finance Trust: Safe 10.5% Dividend Yield From The CRE Meltdown That Never Happened

TPG RE Finance Trust is paying out a double-digit 10.5% dividend yield that was 100% covered by second-quarter distributable earnings. The CRE mREIT saw its book value per share expand by 1 cent seque...

2 months ago - Seeking Alpha

TPG RE Finance Trust, Inc. (TRTX) Q2 2025 Earnings Call Transcript

TPG RE Finance Trust, Inc. (NYSE:TRTX) Q2 2025 Earnings Conference Call July 30, 2025 9:00 AM ET Company Participants Brad D. Cohen - Corporate Participant Managing Partner - Corporate Participant Do...

3 months ago - Seeking Alpha

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended June 30, 2025

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, 2025. Regarding second quarter results, Doug ...

3 months ago - Business Wire

TPG RE Finance Trust, Inc. Announces Second Quarter 2025 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 2025 and file its Form 10-Q and ea...

4 months ago - Business Wire

TPG RE Finance Trust: Trading At A Significant Discount To Book Value

I'm bullish on TRTX due to its diversified loan portfolio, strong liquidity with cash of $363 million, and current share buybacks. The mREIT is trading at a 31% discount to its book value of $11.19 pe...

5 months ago - Seeking Alpha

TPG RE Finance Trust, Inc. (TRTX) Q1 2025 Earnings Call Transcript

Start Time: 09:00 January 1, 0000 9:24 AM ET TPG RE Finance Trust, Inc. (NYSE:TRTX) Q1 2025 Earnings Conference Call April 30, 2025, 09:00 AM ET Company Participants Doug Bouquard - CEO Bob Foley - C...

6 months ago - Seeking Alpha

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2025

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2025.

6 months ago - Business Wire

TPG RE Finance Trust, Inc. Announces First Quarter 2025 Earnings Release and Conference Call Dates

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Announces First Quarter 2025 Earnings Release and Conference Call Dates.

7 months ago - Business Wire

TPG RE Finance Trust, Inc. Closes $1.1 Billion Commercial Real Estate CLO

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Closes $1.1 Billion Commercial Real Estate CLO.

7 months ago - Business Wire

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...

8 months ago - Seeking Alpha

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...

9 months 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
9 months 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.

9 months 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.

10 months 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
11 months ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha