TPG RE Finance Trust, Inc. (TRTX)

NYSE: TRTX · Real-Time Price · USD
8.38
-0.12 (-1.41%)
Jun 3, 2026, 4:00 PM EDT - Market closed
Market Cap647.84M +1.7%
Revenue (ttm)136.23M -8.0%
Net Income50.69M -8.1%
EPS0.64 -8.2%
Shares Out 77.31M
PE Ratio13.07
Forward PE7.86
Dividend$0.96 (11.46%)
Ex-Dividend DateMar 27, 2026
Volume757,835
Open8.50
Previous Close8.50
Day's Range8.32 - 8.52
52-Week Range7.53 - 9.85
Beta1.49
AnalystsBuy
Price Target10.00 (+19.33%)
Earnings DateApr 28, 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 6 analysts, the average rating for TRTX stock is "Buy." The 12-month stock price target is $10.0, which is an increase of 19.33% from the latest price.

Price Target
$10.0
(19.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TPG RE Finance Trust Transcript: AGM 2026

The meeting confirmed a quorum, presented three proposals, and approved all: election of eight directors, ratification of the auditor, and executive compensation. A Q&A session followed, and the meeting was adjourned.

15 days ago - Transcripts

TPG RE Finance Trust, Inc. Announces Closing of New $400 Million Senior Secured Term Loan B and $100 Million Revolving Credit Facility

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that it closed on a Term Loan B for an aggregate principal amount of $400 million due in 20...

20 days ago - Business Wire

TPG RE Finance Trust Earnings Call Transcript: Q1 2026

Q1 2026 saw stable credit performance, strong liquidity, and a shift toward newer loan vintages, with office exposure reduced below 5%. Multifamily and industrial sectors remain focus areas, and $535M in new term sheets signal continued portfolio growth.

5 weeks ago - Transcripts

TPG RE Finance Trust Quarterly report: Q1 2026

TPG RE Finance Trust has published its Q1 2026 quarterly earnings report on April 29, 2026.

5 weeks ago - Filings

TPG RE Finance Trust Earnings release: Q1 2026

TPG RE Finance Trust released its Q1 2026 earnings on April 29, 2026, summarizing the period's financial results.

5 weeks ago - Filings

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2026

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, 2026. Regarding first quarter results, Doug ...

5 weeks ago - Business Wire

TPG RE Finance price target lowered to $9.50 from $10.50 at JPMorgan

JPMorgan analyst Richard Shane lowered the firm’s price target on TPG RE Finance (TRTX) to $9.50 from $10.50 and keeps an Overweight rating on the shares. The firm adjusted targets…

6 weeks ago - TheFly

TPG RE Finance Trust, Inc. Announces First Quarter 2026 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 2026 and file its Form 10-Q and ear...

7 weeks ago - Business Wire

TPG RE Finance Trust Proxy statement: Proxy filing

TPG RE Finance Trust filed a proxy statement on April 8, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

TPG RE Finance Trust Proxy statement: Proxy filing

TPG RE Finance Trust filed a proxy statement on April 8, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

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...

2 months ago - Business Wire

TPG RE Finance upgraded to Outperform from Market Perform at Citizens

Citizens analyst Chris Muller upgraded TPG RE Finance (TRTX) to Outperform from Market Perform with a $10 price target which offers 34% potential upside. TPG RE is focused on growing…

2 months ago - TheFly

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 Slides: Investor presentation

TPG RE Finance Trust has posted slides in relation to its latest quarterly earnings report, which was published on March 5, 2026.

3 months ago - Filings

TPG RE Finance price target raised to $8.50 from $8 at BofA

BofA analyst Eric Dray raised the firm’s price target on TPG RE Finance (TRTX) to $8.50 from $8 and keeps an Underperform rating on the shares. The firm is updating…

3 months ago - TheFly

TPG RE Finance price target lowered to $10.50 from $11 at JPMorgan

JPMorgan lowered the firm’s price target on TPG RE Finance (TRTX) to $10.50 from $11 and keeps an Overweight rating on the shares.

3 months ago - TheFly

TPG RE Finance price target lowered to $10 from $11 at Wells Fargo

Wells Fargo lowered the firm’s price target on TPG RE Finance (TRTX) to $10 from $11 and keeps an Overweight rating on the shares. The firm cites a steady quarter…

3 months ago - TheFly

TPG RE Finance Trust Earnings Call Transcript: Q4 2025

Strong 2025 results with $1.9B in new investments, 25% asset growth, and full dividend coverage. Multifamily and industrial exposure rose to 72%, leverage increased, and two CRE CLOs enhanced reinvestment capacity. Entering 2026 with robust pipeline and capital.

3 months ago - Transcripts

TPG RE Finance Trust Earnings release: Q4 2025

TPG RE Finance Trust released its Q4 2025 earnings on February 18, 2026, summarizing the period's financial results.

3 months ago - Filings

TPG RE Finance Trust Annual report: Q4 2025

TPG RE Finance Trust has published its Q4 2025 annual report on February 18, 2026.

3 months ago - Filings

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...

3 months ago - Business Wire

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 months 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...

4 months ago - Business Wire

TPG RE Finance price target raised to $11 from $10.50 at JPMorgan

JPMorgan analyst Richard Shane raised the firm’s price target on TPG RE Finance (TRTX) to $11 from $10.50 and keeps an Overweight rating on the shares. The firm adjusted targets…

4 months ago - TheFly

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 ...

7 months ago - Business Wire