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TPG RE Finance Trust, Inc. (TRTX)

NYSE: TRTX · IEX Real-Time Price · USD
12.62 0.02 (0.16%)
Dec 8, 2021 4:00 PM EST - Market closed
Market Cap972.35M
Revenue (ttm)157.67M
Net Income (ttm)26.88M
Shares Out77.05M
EPS (ttm)0.45
PE Ratio28.23
Forward PE11.11
Dividend$1.02 (8.08%)
Ex-Dividend DateSep 28, 2021
Volume98,439
Open12.57
Previous Close12.60
Day's Range12.52 - 12.74
52-Week Range9.58 - 14.55
Beta1.89
AnalystsBuy
Price Target14.58 (+15.5%)
Earnings DateNov 2, 2021

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 North America. 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 office, mult...

IndustryMortgage Real Estate Investment Trusts (REITs)
IPO DateJul 20, 2017
CountryUnited States
Stock ExchangeNYSE
Ticker SymbolTRTX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for TRTX stock is "Buy." The 12-month stock price forecast is 14.58, which is an increase of 15.53% from the latest price.

Price Target
$14.58
(15.53% upside)
Analyst Consensus: Buy

News

TPG RE Finance Trust (TRTX) Tops Q3 Earnings and Revenue Estimates

TPG RE Finance Trust (TRTX) delivered earnings and revenue surprises of 17.86% and 7.45%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended September 30, 2021

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, 2021. THIRD QUARTER 2021 ACTIVITY GAAP net...

1 month ago - Business Wire

TPG RE Finance Trust's Earnings: A Preview

TPG RE Finance Trust (NYSE:TRTX) is set to give its latest quarterly earnings report on Tuesday, 2021-11-02. Here's what investors need to know before the announcement.

1 month ago - Benzinga

Earnings Preview: TPG RE Finance Trust (TRTX) Q3 Earnings Expected to Decline

TPG RE Finance Trust (TRTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

TPG RE Finance Trust, Inc. Announces Third Quarter 2021 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 of 2021 and file its Form 10-Q and ea...

1 month ago - Business Wire

TPG RE Finance Trust, Inc. to Participate in the Bank of America Merrill Lynch 2021 Global Real Estate Virtual Confer...

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (the “Company”) today announced that senior members of its management team are scheduled to conduct virtual meetings with investors at ...

2 months ago - Business Wire

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

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that on September 13, 2021, the Company's Board of Directors declared a cash dividend of $0.2...

2 months ago - Business Wire

TPG RE Finance Trust (TRTX) Beats Q2 Earnings and Revenue Estimates

TPG RE Finance Trust (TRTX) delivered earnings and revenue surprises of 8.00% and 10.97%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended June 30, 2021

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, 2021. SECOND QUARTER 2021 ACTIVITY GAAP net inc...

4 months ago - Business Wire

TPG RE Finance Trust (TRTX) Reports Next Week: Wall Street Expects Earnings Growth

TPG RE Finance Trust (TRTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

TPG RE Finance Trust, Inc. Announces Second Quarter 2021 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 2021 and file its Form 10-Q and earn...

4 months ago - Business Wire

TPG RE Finance Trust, Inc. Announces Redemption of 11% Series B Cumulative Redeemable Preferred Stock

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (the “Company”) today announced the redemption of its 11% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock...

5 months ago - Business Wire

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

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) announced that on June 14, 2021, the Company's Board of Directors declared a cash dividend of $0.20 per share...

5 months ago - Business Wire

Are You Looking for a Top Momentum Pick? Why TPG RE Finance Trust (TRTX) is a Great Choice

Does TPG RE Finance Trust (TRTX) have what it takes to be a top stock pick for momentum investors? Let's find out.

5 months ago - Zacks Investment Research

TPG RE Finance Trust, Inc. to Present at the 2021 Nareit REITweek Virtual Investor Conference

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (the “Company”) today announced that it will participate in the 2021 Nareit REITweek Virtual Investor Conference on Wednesday June 9th,...

6 months ago - Business Wire

TPG RE Finance Trust, Inc. Announces Pricing of Public Offering of 6.25% Series C Cumulative Redeemable Preferred Stock

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the pricing of a public offering of 7,000,000 shares of its 6.25% Series C Cumulative Redeema...

6 months ago - Business Wire

TPG RE Finance Trust, Inc. Announces Launch of Public Offering of Series C Cumulative Redeemable Preferred Stock

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the launch of a public offering of shares of its Series C Cumulative Redeemable Preferred Sto...

6 months ago - Business Wire

TPG RE Finance Trust (TRTX) Q1 Earnings and Revenues Beat Estimates

TPG RE Finance Trust (TRTX) delivered earnings and revenue surprises of 35.00% and 2.50%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2021

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, 2021. FIRST QUARTER 2021 ACTIVITY GAAP net inc...

7 months ago - Business Wire

TPG RE Finance Trust, Inc. Announces First Quarter 2021 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 2021 and file its Form 10-Q and earni...

7 months ago - Business Wire

TPG RE Finance Trust, Inc. Closes $1.25 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 2021-FL4, a $1.25 billion managed Commercial Real Estate Collateralized L...

8 months ago - Business Wire

TPG RE Finance Trust, Inc. Prices $1.25 Billion Commercial Real Estate CLO

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) announced today that on March 25, 2021 the Company priced TRTX 2021-FL4, a $1.25 billion managed Commercial R...

8 months ago - Business Wire

TPG RE Finance Trust, Inc. to Present at the Citi 2021 Virtual Global Property CEO Conference

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (the “Company”) today announced that Matthew Coleman, President, will present at the Citi 2021 Virtual Global Property CEO Conference o...

9 months ago - Business Wire

TPG RE Finance Trust, Inc. Reports Operating Results for the Fourth Quarter and Full Year Ended December 31, 2020

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) reported its operating results for the fourth quarter and full year ended December 31, 2020. FOURTH QUARTER 2...

9 months ago - Business Wire

TPG RE Finance Trust Announces Leadership Transition

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) announced today that Greta Guggenheim will retire from her role as the Company's Chief Executive Officer and ...

9 months ago - Business Wire