TPG RE Finance Trust, Inc. (TRTX)
| Market Cap | 697.25M |
| Revenue (ttm) | 130.06M |
| Net Income (ttm) | -121.67M |
| Shares Out | 80.24M |
| EPS (ttm) | -1.57 |
| PE Ratio | n/a |
| Forward PE | 9.51 |
| Dividend | $0.96 (11.05%) |
| Ex-Dividend Date | Jun 27, 2024 |
| Volume | 293,859 |
| Open | 8.48 |
| Previous Close | 8.48 |
| Day's Range | 8.48 - 8.75 |
| 52-Week Range | 4.65 - 8.96 |
| Beta | 2.19 |
| Analysts | Hold |
| Price Target | 8.10 (-6.79%) |
| Earnings Date | Jul 30, 2024 |
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
In 2023, TRTX's revenue was $116.39 million, a decrease of -19.70% compared to the previous year's $144.95 million. Losses were -$130.91 million, 77.8% more than in 2022.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for TRTX stock is "Hold." The 12-month stock price forecast is $8.1, which is a decrease of -6.79% from the latest price.
News
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...
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...
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, 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, 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...
TPG RE Finance Trust, Inc. Announces Fourth Quarter and Full Year 2023 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 2023 and file its F...
TPG RE Finance Trust, Inc. Announces Tax Treatment of 2023 Dividends
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the income tax treatment of its 2023 common stock and its 6.25% Series C Cumulative Redeema...
TPG RE Finance Trust, Inc. to Participate in the JMP Securities Financial Services and Real Estate 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 at ...
These 3 Financial Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Granite Point Mortgage (NYSE:GPMT), Annaly Capital Management (NYSE:NLY)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended September 30, 2023
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, 2023. Regarding third quarter results, D...
TPG RE Finance Trust, Inc. Announces Third Quarter 2023 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 2023 and file its Form 10-Q and ear...
TPG RE Finance Trust, Inc. to Participate in the Bank of America Securities 2023 Global Real Estate Conference
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that Doug Bouquard, Chief Executive Officer, is scheduled to host investor meetings at the ...
TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended June 30, 2023
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, 2023. Regarding second quarter results, Doug ...
TPG RE Finance Trust, Inc. Announces Second Quarter 2023 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 2023 and file its Form 10-Q and ea...
TPG RE Finance Trust, Inc. to Participate in Morgan Stanley's U.S. Financials, Payments & CRE Conference
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that Bob Foley, Chief Financial Officer, will participate in a panel discussion about comme...
TPG RE Finance Trust, Inc. to Present at Nareit's REITweek: 2023 Investor Conference
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that Doug Bouquard, Chief Executive Officer, will present at Nareit's REITweek: 2023 Invest...
TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2023
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, 2023. Regarding first quarter results, Doug ...
TPG RE Finance Trust, Inc. Announces First Quarter 2023 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 2023 and file its Form 10-Q and ear...
TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter and Full Year Ended December 31, 2022
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, 2022. Regarding fourth quar...
TPG RE Finance Trust, Inc. Announces Fourth Quarter and Full Year 2022 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 2022 and file its...
TPG RE Finance Trust, Inc. Announces Tax Treatment of 2022 Dividends
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the income tax treatment of its 2022 common stock and its 6.25% Series C Cumulative Redee...
TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended September 30, 2022
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, 2022.
TPG RE Finance Trust, Inc. Announces Third Quarter 2022 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 2022 and file its Form 10-Q and ear...
TPG RE Finance Trust, Inc. to Participate in the Bank of America Securities 2022 Global Real Estate Conference
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that Doug Bouquard, Chief Executive Officer, is scheduled to host investor meetings at the ...