TPG RE Finance Trust, Inc. (TRTX)

NYSE: TRTX · IEX Real-Time Price · USD
7.42
-0.12 (-1.59%)
Dec 2, 2022 4:00 PM EST - Market closed
-1.59%
Market Cap 583.65M
Revenue (ttm) 147.48M
Net Income (ttm) -64.82M
Shares Out 77.40M
EPS (ttm) 0.97
PE Ratio 7.65
Forward PE 11.11
Dividend $0.79 (10.65%)
Ex-Dividend Date Sep 27, 2022
Volume 293,728
Open 7.37
Previous Close 7.54
Day's Range 7.36 - 7.56
52-Week Range 6.31 - 13.38
Beta 1.86
Analysts Buy
Price Target 9.18 (+23.7%)
Earnings Date Nov 1, 2022

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 office, ... [Read more]

Industry Mortgage Real Estate Investment Trusts (REITs)
IPO Date Jul 20, 2017
Country United States
Stock Exchange NYSE
Ticker Symbol TRTX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for TRTX stock is "Buy." The 12-month stock price forecast is 9.18, which is an increase of 23.72% from the latest price.

Price Target
$9.18
(23.72% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 Doug Bouquard, Chief Executive Officer, and other members of senior management are sch...

2 weeks ago - Business Wire

TPG RE Finance Trust (TRTX) Q3 Earnings and Revenues Lag Estimates

TPG RE Finance Trust (TRTX) delivered earnings and revenue surprises of -9.52% and 4.08%, respectively, for the quarter ended September 2022. 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, 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.

1 month ago - Business Wire

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 earni...

1 month 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 on September 12, 2022, the Company's Board of Directors declared a cash dividend of $0.2...

2 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% Serie...

2 months ago - Business Wire

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 Ba...

2 months ago - Business Wire

TPG RE Finance Trust (TRTX) Q2 Earnings and Revenues Surpass Estimates

TPG RE Finance Trust (TRTX) delivered earnings and revenue surprises of 3.85% and 14.29%, respectively, for the quarter ended June 2022. 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, 2022

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, 2022. SECOND QUARTER 2022 ACTIVITY Recognized G...

4 months ago - Business Wire

TPG RE Finance Trust, Inc. Announces Second 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 second quarter 2022 and file its Form 10-Q and earn...

4 months ago - Business Wire

Is the Options Market Predicting a Spike in TPG RE Finance (TRTX) Stock?

Investors need to pay close attention to TPG RE Finance (TRTX) stock based on the movements in the options market lately.

5 months ago - Zacks Investment Research

TPG RE Finance Trust (TRTX) Moves 5.2% Higher: Will This Strength Last?

TPG RE Finance Trust (TRTX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price i...

5 months ago - Zacks Investment Research

TPG RE Finance Trust, Inc. to Present at Nareit's REITweek: 2022 Investor Conference

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that senior members of its management team are scheduled to host investor meetings at Nareit'...

6 months ago - Business Wire

TPG RE Finance Trust (TRTX) Surpasses Q1 Earnings and Revenue Estimates

TPG RE Finance Trust (TRTX) delivered earnings and revenue surprises of 17.86% and 8.90%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2022

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, 2022. FIRST QUARTER 2022 ACTIVITY Generated GA...

7 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.

7 months ago - Zacks Investment Research

TPG RE Finance Trust, Inc. Announces First 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 first quarter 2022 and file its Form 10-Q and earni...

7 months ago - Business Wire

TPG RE Finance Trust, Inc. to Present at the Citi 2022 Global Property CEO Conference

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that senior members of its management team are scheduled to present, and hold investor meetin...

9 months ago - Business Wire

TPG RE Finance Trust (TRTX) Q4 Earnings Miss Estimates

TPG RE Finance Trust (TRTX) delivered earnings and revenue surprises of -23.33% and 3.58%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

TPG RE Finance Trust, Inc. Reports Operating Results for the Fourth Quarter and Full Year Ended December 31, 2021

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, 2021. FOURTH QUARTER 2...

9 months ago - Business Wire

TPG RE Finance Trust, Inc. Closes $1.075 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 2022-FL5, a $1.075 billion managed Commercial Real Estate Collateralized ...

9 months ago - Business Wire

TPG RE Finance Trust (TRTX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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.

9 months ago - Zacks Investment Research

TPG RE Finance Trust, Inc. Announces Fourth Quarter and Full Year 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 fourth quarter and year ended December 31, 2021, an...

9 months ago - Business Wire

TPG RE Finance Trust, Inc. Prices $1.075 Billion Commercial Real Estate CLO

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) announced today that it priced TRTX 2022-FL5, a $1.075 billion managed Commercial Real Estate Collateralized ...

9 months ago - Business Wire

TPG RE Finance Trust, Inc. Announces Tax Treatment of 2021 Dividends

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the income tax treatment of its 2021 common stock and its 6.25% Series C Cumulative Redeemabl...

10 months ago - Business Wire