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Tpg Re Finance (TRTX)
NYSE:TRTX
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TRTX Stock Chart & Stats
Day’s Range― - ―
52-Week Range$5.12 - $9.66
Previous CloseN/A
Volume106.12K
Average Volume (3M)548.33K
Market Cap
$687.89M
Enterprise Value$2.96B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$649.28M
Price to Earnings (P/E)12.3
Beta1.15
Next Earnings
Feb 25, 2025EPS Estimate
0.27Last Dividend Ex-Date
Dec 27, 2024Dividend Yield11.29%
Share Statistics
EPS (TTM)0.69
Shares Outstanding80,927,734
10 Day Avg. Volume425,610
30 Day Avg. Volume548,333
Standard Deviation0.15
R-Squared0.56
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)5.17
Price to Cash Flow (P/CF)7.30
P/FCF Ratio7.30
Enterprise Value/Market Cap4.30
Enterprise Value/Revenue24.95
Enterprise Value/Gross Profit466.27
Enterprise Value/Ebitda40.84
Forecast
1Y Price Target
$10.33Price Target Upside21.39% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Tpg Re Finance News
PremiumCompany Announcements
TPG RE Finance Trust Reports Strong Q3 2024 Earnings
PremiumPre-Earnings
Is TRTX a Buy, Before Earnings?Bulls Say, Bears Say
Bulls Say
Dividend CoverageDistributable earnings covered the third quarter $0.24 regular dividend with a coverage ratio of 117%.
Loan OriginationTRTX originated $204.0M of new loans after having none in the prior quarter.
Office Portfolio ReductionTRTX’s office exposure now stands at 18.1%, down sequentially and year-over-year.
Bears Say
Book ValueGAAP book value decreased 3.5% to $11.40 per share due primarily to the Starwood Capital warrants being exercised, which decreased book value by $0.39 per share.
Financial PerformanceBook value declined 3.5% to $11.40, mostly related to the exercise of warrants from a 2020 preferred equity offering.
Market RisksMaintaining a cautious view on CRE generally and with shares re-rating higher, risks are seen as skewed to the downside.
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Ownership Overview
9.63% Insiders
10.82% Mutual Funds
0.12% Other Institutional Investors
66.33% 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 $5.12 and its highest was $9.66 in the past 12 months.
What is Tpg Re Finance’s market cap?
Tpg Re Finance’s market cap is $687.89M.
When is Tpg Re Finance’s upcoming earnings report date?
Tpg Re Finance’s upcoming earnings report date is Feb 25, 2025 which is in 35 days.
How were Tpg Re Finance’s earnings last quarter?
Tpg Re Finance released its earnings results on Oct 29, 2024. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.276 by $0.004.
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 $0.956 which represents an annual dividend yield of 11.29%. 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 80,927,734 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 $0.276. Following the earnings report the stock price went down -0.736%.
Which hedge fund is a major shareholder of Tpg Re Finance?
Among the largest hedge funds holding Tpg Re Finance’s share is Graham Capital Management, L.P.. It holds Tpg Re Finance’s shares valued at 321K.
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Tpg Re Finance Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$10.33 (21.39% Upside)
$10.33 (21.39% Upside)
Blogger Sentiment
Bullish
TRTX Sentiment 75%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 729.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 6.2%
Last 30 Days ▲ 6.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
55.49%
12-Months-Change
Fundamentals
Return on Equity
6.01%
Trailing 12-Months
Asset Growth
-17.85%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
TRTX demonstrated strong liquidity, stable credit performance, and attractive investment opportunities in the real estate lending market. However, the decline in GAAP net income and concerns over credit risk in some loan categories present challenges. The company's high dividend yield and discount to book value offer a compelling investment proposition, balancing the mixed results.Read More>---
TRTX Stock 12 Month Forecast
Average Price Target
$10.33
▲(21.39% Upside)
Technical Analysis
MFA Financial
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Apollo Real Estate
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Blackstone Mortgage
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Ladder Capital
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Starwood Property
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Granite Point Mortgage
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Best Analysts Covering TRTX
1 Year
1 Year Success Rate
7/10 ratings generated profit
1 Year Average Return
+30.44%
reiterated a buy rating 3 months ago
Copying Donald Fandetti's trades and holding each position for 1 Year would result in 70.00% of your transactions generating a profit, with an average return of +30.44% per trade.
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