TPG RE Finance Trust, Inc. (TRTX)

NYSE: TRTX · Real-Time Price · USD
8.37
-0.08 (-0.95%)
At close: Mar 6, 2026, 4:00 PM EST
8.42
+0.05 (0.60%)
After-hours: Mar 6, 2026, 7:00 PM EST
Market Cap655.82M -2.0%
Revenue (ttm)132.24M -11.2%
Net Income45.48M -18.9%
EPS0.57 -23.8%
Shares Out 78.35M
PE Ratio14.68
Forward PE7.87
Dividend$0.96 (11.47%)
Ex-Dividend DateDec 26, 2025
Volume610,092
Open8.32
Previous Close8.45
Day's Range8.24 - 8.40
52-Week Range6.47 - 9.85
Beta1.56
AnalystsBuy
Price Target10.25 (+22.46%)
Earnings DateFeb 17, 2026

About TRTX

TPG RE Finance Trust, Inc., a commercial real estate finance company, originates and acquires a portfolio of commercial real estate-related assets in the United States. It engages in directly originating and selectively acquiring first mortgage loans secured by commercial real estate properties; and invests in other commercial real estate-related debt instruments, including subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments. The company qualifies ... [Read more]

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

Financial Performance

In 2025, TPG RE Finance Trust's revenue was $132.24 million, a decrease of -11.23% compared to the previous year's $148.97 million. Earnings were $45.48 million, a decrease of -23.78%.

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for TRTX stock is "Buy." The 12-month stock price target is $10.25, which is an increase of 22.46% from the latest price.

Price Target
$10.25
(22.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TPG RE Finance Trust, Inc. (TRTX) Q4 2025 Earnings Call Transcript

TPG RE Finance Trust, Inc. (TRTX) Q4 2025 Earnings Call Transcript

16 days ago - Seeking Alpha

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter and Full Year Ended December 31, 2025

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, 2025. Regarding fourth quar...

17 days ago - Business Wire

TPG RE Finance Trust: High Yield Common And Preferred 8-10%

TPG RE Finance Trust, Inc. offers high-yield common and preferred dividends, with TRTX-C preferreds yielding 8.40% and strong coverage. TRTX's loan portfolio is $3.7B, weighted toward Bridge Loans (52...

21 days ago - Seeking Alpha

TPG RE Finance Trust, Inc. Announces Fourth Quarter and Full Year 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 fourth quarter and year ended 2025 and file its F...

4 weeks ago - Business Wire

TPG RE Finance Trust, Inc. Announces Tax Treatment of 2025 Dividends

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the income tax treatment of its 2025 common stock and its 6.25% Series C Cumulative Redeema...

5 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...

3 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. (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...

3 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. (NYSE: TRTX) (“TRTX” or the “Company”) announced today that it closed TRTX 2025-FL7, a $1.1 billion managed Commercial Real Estate Collateralized ...

3 months ago - Business Wire

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...

4 months 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 ...

4 months 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...

4 months 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 ...

4 months 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...

5 months 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 ...

6 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...

6 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...

7 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...

7 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 ...

7 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...

8 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...

9 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...

11 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.

11 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.

11 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...

1 year 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...

1 year ago - Seeking Alpha