TPG RE Finance Trust, Inc. (TRTX)
NYSE: TRTX · Real-Time Price · USD
8.92
+0.08 (0.85%)
Nov 14, 2024, 11:09 AM EST - Market open
TPG RE Finance Trust Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for TRTX stock have an average target of 9.08, with a low estimate of 6.50 and a high estimate of 11. The average target predicts an increase of 1.85% from the current stock price of 8.92.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TRTX stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Hold | 2 | 1 | 1 | 1 | 0 | 0 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold → Buy Upgrades $9 → $9.5 | Hold → Buy | Upgrades | $9 → $9.5 | +6.56% | Oct 17, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $9.5 → $10 | Buy | Maintains | $9.5 → $10 | +12.17% | Aug 21, 2024 |
| BTIG | BTIG | Strong Buy Initiates $11 | Strong Buy | Initiates | $11 | +23.39% | Jul 19, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $7 → $9 | Buy | Maintains | $7 → $9 | +0.95% | May 7, 2024 |
| Raymond James | Raymond James | Strong Buy → Buy Downgrades $8.5 | Strong Buy → Buy | Downgrades | $8.5 | -4.66% | Apr 12, 2024 |
Financial Forecast
Revenue This Year
113.07M
Revenue Next Year
112.46M
from 113.07M
Decreased by -0.54%
EPS This Year
1.13
from -1.69
EPS Next Year
1.11
from 1.13
Decreased by -2.25%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 119.5M | 129.9M | 120.8M |
| Avg | 113.1M | 112.5M | 117.3M |
| Low | 105.5M | 100.9M | 112.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 14.9% | 7.4% |
| Avg | - | -0.5% | 4.3% |
| Low | - | -10.7% | 0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.21 | 1.23 | 1.22 |
| Avg | 1.13 | 1.11 | 1.18 |
| Low | 1.03 | 0.98 | 1.14 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 8.3% | 9.9% |
| Avg | - | -2.2% | 6.7% |
| Low | - | -13.6% | 2.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.