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Tpg Re Finance (TRTX)
NYSE:TRTX
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TRTX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.65 - $9.66
Previous Close$8.67
Volume1.72M
Average Volume (3M)606.53K
Market Cap
$701.65M
Enterprise Value$442.41M
Total Cash (Recent Filing)$259.24M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta1.55
Next Earnings
Oct 29, 2024EPS Estimate
$0.27Last Dividend Ex-Date
Sep 27, 2024Dividend Yield11.07%
Share Statistics
EPS (TTM)-0.37
Shares Outstanding80,928,525
10 Day Avg. Volume747,886
30 Day Avg. Volume606,527
Standard Deviation0.15
R-Squared0.56
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.62
Price to Sales (P/S)4.96
Price to Cash Flow (P/CF)6.90
P/FCF Ratio6.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.54
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda4.11
Forecast
1Y Price Target
$9.60Price Target Upside10.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Tpg Re Finance News
PremiumCompany Announcements
TPG RE Finance Trust Reports Strong Q3 2024 Earnings
PremiumPre-Earnings
Is TRTX a Buy, Before Earnings?
PremiumStock Analysis & Ideas
Seeking up to 12.5% Dividend Yield? BTIG Suggests 2 Dividend Stocks to Buy Now
Bulls Say, Bears Say
Bulls Say
Company RepositioningTPG RE Finance Trust has been able to reposition the company to take advantage of an attractive re-emerging CRE lending environment with low leverage and ample liquidity.
EarningsDistributable earnings handily covered the $0.24 quarterly dividend, with a coverage ratio of 117%.
Portfolio ManagementTRTX’s office portfolio has been reduced 73% and now represents just 18% of the portfolio.
Bears Say
Book ValueGAAP book value decreased 3.5% to $11.40 per share, primarily due to the Starwood Capital warrants being exercised.
Market RisksMaintaining a cautious view on commercial real estate, with shares re-rating higher, risks are seen as skewed to the downside.
Warrants ExerciseBook value declined 3.5% to $11.40, mainly related to the exercise of warrants from a 2020 preferred equity offering.
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Ownership Overview
28.38% Insiders
11.33% Mutual Funds
38.10% Other Institutional Investors
22.19% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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TRTX FAQ
What was Tpg Re Finance’s price range in the past 12 months?
Tpg Re Finance lowest stock price was $4.64 and its highest was $9.66 in the past 12 months.
What is Tpg Re Finance’s market cap?
Currently, no data Available
When is Tpg Re Finance’s upcoming earnings report date?
Tpg Re Finance’s upcoming earnings report date is Oct 29, 2024 which is 23 days ago.
How were Tpg Re Finance’s earnings last quarter?
Tpg Re Finance released its earnings results on Jul 30, 2024. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.242 by $0.038.
Is Tpg Re Finance overvalued?
According to Wall Street analysts Tpg Re Finance’s price is currently Undervalued.
Does Tpg Re Finance pay dividends?
Tpg Re Finance pays a Quarterly dividend of $0.24 which represents an annual dividend yield of 11.07%. See more information on Tpg Re Finance dividends here
What is Tpg Re Finance’s EPS estimate?
Tpg Re Finance’s EPS estimate is $0.27.
How many shares outstanding does Tpg Re Finance have?
Tpg Re Finance has 80,928,530 shares outstanding.
What happened to Tpg Re Finance’s price movement after its last earnings report?
Tpg Re Finance reported an EPS of $0.28 in its last earnings report, beating expectations of $0.242. Following the earnings report the stock price went down -1.354%.
Which hedge fund is a major shareholder of Tpg Re Finance?
Among the largest hedge funds holding Tpg Re Finance’s share is Hotchkis & Wiley Capital Management LLC. It holds Tpg Re Finance’s shares valued at 6M.
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Tpg Re Finance Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$9.60 (10.73% Upside)
$9.60 (10.73% Upside)
Blogger Sentiment
Neutral
TRTX Sentiment 50%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 223.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.4%
Last 30 Days ▼ 4.8%
Last 30 Days ▼ 4.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.56%
12-Months-Change
Fundamentals
Return on Equity
-1.31%
Trailing 12-Months
Asset Growth
-25.83%
Trailing 12-Months
Company Description
Tpg Re Finance
TPG RE Finance Trust, Inc. is a holding company, which engages in the provision of commercial real estate finance services. It originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in North America. The company was founded on October 24, 2014 and is headquartered in New York, NY.
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TRTX Earnings Call
Q2 2024
0:00 / 0:00
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TRTX Stock 12 Month Forecast
Average Price Target
$9.60
▲(10.73% Upside)
Technical Analysis
Best Analysts Covering TRTX
1 Year
1 Year Success Rate
7/9 ratings generated profit
1 Year Average Return
+32.68%
reiterated a buy rating 4 months ago
Copying Donald Fandetti's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +32.68% per trade.
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