TPG RE Finance Trust, Inc. (TRTX)
| Market Cap | 503.49M -28.1% |
| Revenue (ttm) | 119.16M -14.0% |
| Net Income | 30.53M -32.2% |
| EPS | 0.39 -39.2% |
| Shares Out | 75.83M |
| PE Ratio | 16.85 |
| Forward PE | 6.13 |
| Dividend | $0.96 (14.46%) |
| Ex-Dividend Date | Sep 28, 2026 |
| Volume | 1,369,103 |
| Open | 6.51 |
| Previous Close | 6.55 |
| Day's Range | 6.45 - 6.72 |
| 52-Week Range | 5.60 - 9.35 |
| Beta | 1.52 |
| Analysts | Buy |
| Price Target | 9.46 (+42.44%) |
| Earnings Date | Oct 26, 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]
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 StatementsAnalyst Summary
According to 6 analysts, the average rating for TRTX stock is "Buy." The 12-month stock price target is $9.46, which is an increase of 42.44% from the latest price.
News
TPG RE Finance price target lowered to $8 from $9 at Wells Fargo
Wells Fargo lowered the firm’s price target on TPG RE Finance (TRTX) to $8 from $9 and keeps an Overweight rating on the shares. The firm says Q3 showed portfolio…
TPG RE Finance Trust Earnings Call Transcript: Q3 2026
Net income was $5.8 million, while distributable earnings before a $13 million realized loan-conversion loss covered the dividend. Net earning assets grew 14% QoQ, and FL8 strengthened long-term financing and reinvestment capacity.
TPG RE Finance Trust Quarterly report: Q3 2026
TPG RE Finance Trust has published its Q3 2026 quarterly earnings report on October 27, 2026.
TPG RE Finance Trust Earnings release: Q3 2026
TPG RE Finance Trust released its Q3 2026 earnings on October 27, 2026, summarizing the period's financial results.
TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended September 30, 2026
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, 2026. Regarding third quarter results, D...
TPG RE Finance price target lowered to $8 from $10 at JPMorgan
JPMorgan lowered the firm’s price target on TPG RE Finance (TRTX) to $8 from $10 and keeps an Overweight rating on the shares. The firm cut price targets in the…
TPG RE Finance Trust, Inc. Announces Third 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 third quarter 2026 and file its Form 10-Q and ear...
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 announces pricing of $1B commercial real estate CLO
TPG RE Finance (TRTX) Trust announced the pricing of TRTX 2026-FL8, a $1B managed Commercial Real Estate Collateralized Loan Obligation. The Company expects approximately $820M of investment grade sec...
TPG RE Finance Trust, Inc. Announces Pricing of $1.0 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 2026-FL8, a $1.0 billion managed Commercial Real Estate Collateralized ...
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 price target lowered to $8.25 from $8.50 at BofA
BofA lowered the firm’s price target on TPG RE Finance (TRTX) to $8.25 from $8.50 and keeps an Underperform rating on the shares following what the firm calls “a decent…
TPG RE Finance price target lowered to $9 from $10 at Wells Fargo
Wells Fargo lowered the firm’s price target on TPG RE Finance (TRTX) to $9 from $10 on rate uncertainty and comparable valuations, while keeping an Overweight rating on the shares…
TPG RE Finance Trust Earnings Call Transcript: Q2 2026
Net assets grew 15% year-over-year, driven by $1.7 billion in new loans and a portfolio shift toward newer, higher-quality assets. Office exposure dropped to 4.3%, while liquidity and capital structure were significantly enhanced through new financings and share repurchases.
TPG RE Finance Trust Quarterly report: Q2 2026
TPG RE Finance Trust has published its Q2 2026 quarterly earnings report on July 29, 2026.
TPG RE Finance Trust Earnings release: Q2 2026
TPG RE Finance Trust released its Q2 2026 earnings on July 29, 2026, summarizing the period's financial results.
TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended June 30, 2026
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, 2026. Regarding second quarter results, Doug ...
TPG RE Finance price target raised to $10 from $9.50 at JPMorgan
JPMorgan raised the firm’s price target on TPG RE Finance (TRTX) to $10 from $9.50 and keeps an Overweight rating on the shares. The firm adjusted ratings and targets in…
TPG RE Finance Trust, Inc. Announces Second 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 second quarter 2026 and file its Form 10-Q and ea...
TPG RE Finance Trust Slides
TPG RE Finance Trust has posted slides in relation to its latest quarterly earnings report, which was published on June 30, 2026.
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.
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...
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.
TPG RE Finance Trust Quarterly report: Q1 2026
TPG RE Finance Trust has published its Q1 2026 quarterly earnings report on April 29, 2026.
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.