TPG RE Finance Trust, Inc. (TRTX)
| Market Cap | 640.50M +6.5% |
| Revenue (ttm) | 136.23M -8.0% |
| Net Income | 50.69M -8.1% |
| EPS | 0.64 -8.2% |
| Shares Out | 77.31M |
| PE Ratio | 12.95 |
| Forward PE | 7.78 |
| Dividend | $0.96 (11.57%) |
| Ex-Dividend Date | Mar 27, 2026 |
| Volume | 150,600 |
| Open | 8.35 |
| Previous Close | 8.28 |
| Day's Range | 8.29 - 8.39 |
| 52-Week Range | 7.44 - 9.85 |
| Beta | 1.49 |
| Analysts | Buy |
| Price Target | 9.83 (+18.65%) |
| Earnings Date | Apr 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]
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 4 analysts, the average rating for TRTX stock is "Buy." The 12-month stock price target is $9.83, which is an increase of 18.65% from the latest price.
News
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, 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 ...
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…
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...
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 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…
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 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…
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.
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…
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.
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...
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...
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...
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…
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 ...
TPG RE Finance price target raised to $10.50 from $10 at JPMorgan
JPMorgan raised the firm’s price target on TPG RE Finance (TRTX) to $10.50 from $10 and keeps an Overweight rating on the shares post the Q3 report. Published first on…
TPG RE Finance Trust Earnings Call Transcript: Q3 2025
Q3 2025 saw strong earnings, portfolio growth, and continued focus on multifamily and industrial lending. A $1.1B CRE/CLO was priced, leverage remained stable, and share repurchases boosted book value. Leadership transition is underway as the company eyes further growth.
TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended September 30, 2025
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, 2025. Regarding third quarter results, D...
TPG RE Finance Trust, Inc. Announces Pricing of $1.1 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 2025-FL7, a $1.1 billion managed Commercial Real Estate Collateralized ...
TPG RE Finance Trust, Inc. Announces Third Quarter 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 third quarter 2025 and file its Form 10-Q and ear...
TPG RE Finance downgraded to Market Perform from Outperform at Citizens JMP
Citizens JMP analyst Steven DeLaney downgraded TPG RE Finance (TRTX) to Market Perform from Outperform without a price target following the Q2 report. The firm views the shares as fairly…
TPG RE Finance CFO Foley to retire, Fox named interim CFO
TPG RE Finance (TRTX) Trust announced that Robert R. Foley, the company’s chief financial officer, has decided to retire from TPG at the end of the year. He will become…
TPG RE Finance Trust, Inc. Announces Retirement of Chief Financial Officer Bob Foley and Appointment of Brandon Fox as Interim Chief Financial Officer
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that Robert (“Bob”) R. Foley, the Company's chief financial officer, has decided to retire ...
TPG RE Finance announces new $25M buyback program
TPG RE Finance (TRTX) “announced that the Company’s board of directors has approved a new share repurchase program pursuant to which the Company is authorized to repurchase up to $25.0…