TPG RE Finance Trust, Inc. (TRTX)

NYSE: TRTX · IEX Real-Time Price · USD
7.55
-0.29 (-3.70%)
Apr 25, 2024, 4:00 PM EDT - Market closed
-3.70%
Market Cap 583.43M
Revenue (ttm) 116.39M
Net Income (ttm) -130.91M
Shares Out 77.28M
EPS (ttm) -1.69
PE Ratio n/a
Forward PE 11.51
Dividend $0.96 (12.72%)
Ex-Dividend Date Mar 27, 2024
Volume 410,669
Open 7.73
Previous Close 7.84
Day's Range 7.55 - 7.77
52-Week Range 4.65 - 8.12
Beta 2.13
Analysts Hold
Price Target 7.42 (-1.72%)
Earnings Date Apr 30, 2024

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 multifam... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Jul 20, 2017
Country United States
Stock Exchange NYSE
Ticker Symbol TRTX
Full Company Profile

Financial Performance

In 2023, TRTX's revenue was $116.39 million, a decrease of -19.70% compared to the previous year's $144.95 million. Losses were -$130.91 million, 77.8% more than in 2022.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for TRTX stock is "Hold." The 12-month stock price forecast is $7.42, which is a decrease of -1.72% from the latest price.

Price Target
$7.42
(-1.72% downside)
Analyst Consensus: Hold
Stock Forecasts

News

TPG RE Finance Trust, Inc. Announces First Quarter 2024 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 2024 and file its Form 10-Q and ear...

8 days 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 March 15, 2024, the Company's Board of Directors declared a cash dividend of $0.24 ...

5 weeks 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% Ser...

6 weeks ago - Business Wire

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter and Full Year Ended December 31, 2023

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, 2023. Regarding fourth quar...

2 months ago - Business Wire

TPG RE Finance Trust, Inc. Announces Fourth Quarter and Full Year 2023 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 2023 and file its F...

2 months ago - Business Wire

TPG RE Finance Trust, Inc. Announces Tax Treatment of 2023 Dividends

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the income tax treatment of its 2023 common stock and its 6.25% Series C Cumulative Redeema...

3 months ago - Business Wire

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 Bob Foley, Chief Financial Officer of TRTX, is scheduled to host investor meetings at ...

5 months ago - Business Wire

These 3 Financial Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Granite Point Mortgage (NYSE:GPMT), Annaly Capital Management (NYSE:NLY)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: GPMTNLY
6 months ago - Benzinga

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended September 30, 2023

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, 2023. Regarding third quarter results, D...

6 months ago - Business Wire

TPG RE Finance Trust, Inc. Announces Third Quarter 2023 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 2023 and file its Form 10-Q and ear...

6 months ago - Business Wire

TPG RE Finance Trust, Inc. to Participate in the Bank of America Securities 2023 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 ...

8 months ago - Business Wire

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended June 30, 2023

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, 2023. Regarding second quarter results, Doug ...

9 months ago - Business Wire

TPG RE Finance Trust, Inc. Announces Second Quarter 2023 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 2023 and file its Form 10-Q and ea...

10 months ago - Business Wire

TPG RE Finance Trust, Inc. to Participate in Morgan Stanley's U.S. Financials, Payments & CRE Conference

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that Bob Foley, Chief Financial Officer, will participate in a panel discussion about comme...

11 months ago - Business Wire

TPG RE Finance Trust, Inc. to Present at Nareit's REITweek: 2023 Investor Conference

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that Doug Bouquard, Chief Executive Officer, will present at Nareit's REITweek: 2023 Invest...

11 months ago - Business Wire

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2023

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, 2023. Regarding first quarter results, Doug ...

1 year ago - Business Wire

TPG RE Finance Trust, Inc. Announces First Quarter 2023 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 2023 and file its Form 10-Q and ear...

1 year ago - Business Wire

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter and Full Year Ended December 31, 2022

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, 2022. Regarding fourth quar...

1 year ago - Business Wire

TPG RE Finance Trust, Inc. Announces Fourth Quarter and Full Year 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 fourth quarter and year ended 2022 and file its...

1 year ago - Business Wire

TPG RE Finance Trust, Inc. Announces Tax Treatment of 2022 Dividends

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the income tax treatment of its 2022 common stock and its 6.25% Series C Cumulative Redee...

1 year ago - Business Wire

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 year 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 ear...

1 year 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 ...

1 year ago - Business Wire

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...

1 year 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 ea...

1 year ago - Business Wire