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TRTX

TRTX - TPG RE Finance Trust Inc Stock Price, Fair Value and News

7.80USD+0.04 (+0.52%)Delayed as of 28 Mar 2024, 03:00 pm ET

Market Summary

TRTX
USD7.80+0.04
Delayedas of 28 Mar 2024, 03:00 pm
0.52%

TRTX Alerts

  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

TRTX Stock Price

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TRTX RSI Chart

TRTX Valuation

Market Cap

604.3M

Price/Earnings (Trailing)

-5.18

Price/Sales (Trailing)

1.67

EV/EBITDA

-14.37

Price/Free Cashflow

7.54

TRTX Price/Sales (Trailing)

TRTX Profitability

EBT Margin

-32.10%

Return on Equity

-10.37%

Return on Assets

-2.77%

Free Cashflow Yield

13.26%

TRTX Fundamentals

TRTX Revenue

Revenue (TTM)

362.6M

Rev. Growth (Yr)

-16.21%

Rev. Growth (Qtr)

-6.65%

TRTX Earnings

Earnings (TTM)

-116.6M

Earnings Growth (Yr)

-82.37%

Earnings Growth (Qtr)

110.42%

Breaking Down TRTX Revenue

52 Week Range

5.147.95
(Low)(High)

Last 7 days

4.2%

Last 30 days

39.3%

Last 90 days

15.4%

Trailing 12 Months

-4.8%

How does TRTX drawdown profile look like?

TRTX Financial Health

TRTX Investor Care

Dividend Yield

12.37%

Dividend/Share (TTM)

0.96

Shares Dilution (1Y)

0.42%

Diluted EPS (TTM)

-1.69

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023333.6M364.3M378.8M362.6M
2022243.0M247.1M262.6M302.9M
2021260.1M251.9M242.1M240.2M
2020345.0M326.8M304.3M283.7M
2019282.8M306.4M328.9M339.8M
2018210.3M223.3M246.4M265.6M
2017167.8M181.2M187.5M198.9M
20160137.0M145.3M153.6M
2015000128.6M

Tracking the Latest Insider Buys and Sells of TPG RE Finance Trust Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jan 25, 2024
smith michael bradley
acquired
6,974
6.5
1,073
-
Jan 25, 2024
white gregory
acquired
6,974
6.5
1,073
-
Jan 25, 2024
silverstein wendy
acquired
6,974
6.5
1,073
-
Jan 25, 2024
gillmore michael
acquired
6,974
6.5
1,073
-
Jan 25, 2024
schuster todd
acquired
955
6.5
147
-
Dec 20, 2023
fox brandon c
acquired
-
-
20,593
chief accounting officer
Dec 20, 2023
foley robert
acquired
-
-
144,152
chief financial officer
Dec 20, 2023
bouquard doug
acquired
-
-
386,572
chief executive officer
Dec 20, 2023
white gregory
acquired
-
-
14,415
-
Dec 20, 2023
schuster todd
acquired
-
-
14,415
-

1–10 of 50

Which funds bought or sold TRTX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 11, 2024
VANGUARD GROUP INC
reduced
-21.46
-9,726,770
30,555,100
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
83.56
16,909,700
38,787,700
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.4
-8,836
223,288
-%
Feb 16, 2024
O'Dell Group, LLC
new
-
4,550
4,550
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
11.81
1,383
19,383
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
2.22
-6,000
470,000
-%
Feb 15, 2024
JANE STREET GROUP, LLC
new
-
1,087,240
1,087,240
-%
Feb 15, 2024
BARCLAYS PLC
added
86.78
949,000
2,130,000
-%
Feb 15, 2024
Legal & General Group Plc
unchanged
-
-10,524
297,421
-%
Feb 14, 2024
JANUS HENDERSON GROUP PLC
reduced
-0.23
-5,584
147,822
-%

1–10 of 46

Are Funds Buying or Selling TRTX?

Are funds buying TRTX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own TRTX
No. of Funds

Unveiling TPG RE Finance Trust Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
nan shan life insurance co., ltd.
3.67%
2,853,485
SC 13G/A
Feb 13, 2024
vanguard group inc
6.05%
4,700,781
SC 13G/A
Jan 26, 2024
blackrock inc.
7.6%
5,925,639
SC 13G/A
Feb 09, 2023
vanguard group inc
7.68%
5,941,156
SC 13G/A
Jan 31, 2023
china investment corp
9.2%
7,087,208
SC 13G/A
Jan 31, 2023
blackrock inc.
7.1%
5,489,504
SC 13G/A
Feb 14, 2022
tpg gp a, llc
9.2%
7,086,779
SC 13G/A
Feb 08, 2022
state of michigan retirement system
6.26%
4,824,242
SC 13G
Feb 03, 2022
blackrock inc.
7.1%
5,440,697
SC 13G/A
Jan 25, 2022
china investment corp
10.9%
8,387,866
SC 13G/A

Recent SEC filings of TPG RE Finance Trust Inc

View All Filings
Date Filed Form Type Document
Feb 20, 2024
10-K
Annual Report
Feb 20, 2024
8-K
Current Report
Feb 14, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Jan 29, 2024
4
Insider Trading
Jan 29, 2024
4
Insider Trading
Jan 29, 2024
4
Insider Trading
Jan 29, 2024
4
Insider Trading
Jan 29, 2024
4
Insider Trading
Jan 26, 2024
SC 13G/A
Major Ownership Report

Peers (Alternatives to TPG RE Finance Trust Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
92.0B
11.1B
3.02% 3.17%
67.33
8.26
4.04% -19.43%
45.8B
7.0B
-5.01% -21.08%
30.53
6.57
-0.07% -10.36%
26.1B
2.8B
3.42% 11.05%
28.1
9.43
6.73% -18.30%
21.9B
2.9B
5.24% -2.41%
211.79
7.61
11.46% -80.13%
13.1B
1.6B
5.52% 21.06%
30.39
8.17
7.80% 39.39%
11.1B
1.3B
-2.42% 1.98%
30.46
8.4
8.04% -24.50%
9.9B
3.3B
-6.07% 8.98%
52.15
3.03
5.31% -77.32%
MID-CAP
8.4B
1.1B
-0.89% 2.72%
35.55
7.44
5.38% -38.52%
3.7B
884.1M
-1.28% 51.03%
-13.45
4.17
2.90% -314.82%
3.5B
899.4M
12.83% 136.94%
-6.17
3.87
-0.45% -623.11%
SMALL-CAP
1.3B
441.2M
-3.35% 20.98%
20.37
2.99
4.38% 15.77%
1.2B
198.2M
4.31% 1.50%
-7.47
5.93
-43.33% -270.70%
1.1B
605.6M
5.98% 19.45%
14.31
1.89
25.53% 134.62%
650.5M
258.7M
-8.43% -22.26%
-13.37
2.51
0.11% 83.70%
461.8M
277.9M
8.28% -16.39%
-29.12
1.66
44.33% 96.06%

TPG RE Finance Trust Inc News

Latest updates
InvestorsObserver • 26 Mar 2024 • 06:23 pm
Defense World • 23 Mar 2024 • 09:33 am
Defense World • 23 Mar 2024 • 09:29 am
MarketBeat • 21 Mar 2024 • 11:55 pm
Yahoo Finance • 15 Mar 2024 • 07:00 am
Seeking Alpha • 29 Feb 2024 • 08:00 am
Yahoo Finance • 22 Feb 2024 • 08:00 am
Seeking Alpha • 21 Feb 2024 • 08:00 am

TPG RE Finance Trust Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-6.6%84.0090.0097.0092.0010075.0066.0061.0060.0060.0062.0058.0062.0070.0070.0082.0083.0092.0088.0077.0072.00
  S&GA Expenses35.1%1.001.001.001.001.001.001.001.001.001.001.001.001.001.001.001.000.001.001.001.000.00
EBITDA Margin-279.0%-0.08*0.04*-0.07*0.15*0.27*0.36*1.00*1.18*1.23*1.10*1.13*1.15*---------
Interest Expenses8.7%21.0020.0026.0022.0035.0030.0038.0039.0038.0039.0040.0038.0041.0048.0044.0043.0041.0044.0042.0037.0036.00
Income Taxes1200.0%0.000.000.000.000.000.000.000.00-0.340.000.001.000.000.000.000.000.000.000.000.000.00
Earnings Before Taxes110.5%6.00-61.21-69.178.0036.00-114-5.3224.0045.0030.0033.0033.0015.0039.0043.00-23233.0033.0032.0029.0029.00
EBT Margin-40.7%-0.32*-0.23*-0.38*-0.23*-0.20*-0.20*0.37*0.54*0.58*0.45*0.47*0.50*---------
Net Income110.4%6.00-61.21-69.177.0036.00-114-5.4324.0045.0029.0032.0032.0015.0038.0043.00-23233.0033.0032.0028.0029.00
Net Income Margin-40.4%-0.32*-0.23*-0.38*-0.23*-0.20*-0.20*0.37*0.54*0.58*0.45*0.47*0.49*---------
Free Cashflow-11.1%23.0026.007.0023.0018.0017.0032.0033.0035.0036.0035.0026.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-5.5%4,2144,4574,9845,3845,5455,6645,3955,5155,2185,2015,2035,2694,9095,1535,2965,8262,2795,8635,8255,1194,527
    Cash Equivalents-31.7%20630230716225423735735226127024130232022619610580.0010070.0056.0041.00
Liabilities-6.9%3,0903,3203,7644,0754,2234,3573,9534,0473,7533,7553,7663,7913,4423,6673,8284,5951,8424,3974,3603,6763,200
Shareholder's Equity-1.1%1,1251,1371,2201,3091,3221,3061,4421,4681,4651,4451,4371,2771,2671,2881,2711,2311,5041,4661,4651,4441,327
  Retained Earnings-2.7%-600-584-501-409-395-409-272-245-247-264-271-282-292-271-288-313-28.11-28.18-29.22-29.20-25.91
  Additional Paid-In Capital0.2%1,7251,7221,7211,7191,7171,7151,7141,7131,7121,7101,7091,5601,5601,5601,5601,5451,5311,4931,4931,4751,355
Shares Outstanding0.2%78.0078.0078.0077.0077.0077.0077.0077.0077.0077.0077.0077.00---------
Float---522---633---940---740---1,100--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-11.1%23,22326,1177,31323,47317,95617,46732,45632,61735,14435,96334,72026,34029,96731,44133,15137,52633,79934,87526,95826,03329,509
  Share Based Compensation182.7%3,2591,1531,8131,8041,5269321,3281,2661,6641,2501,3931,4561,5341,1471,6861,401714452633633185
Cashflow From Investing-74.4%112,851441,319479,61961,596164,280-511,261100,232-205,812-10,34831,037-301,244-62,343326,759176,609644,349-183,132-46,3495,955-678,165-590,071-225,801
Cashflow From Financing51.1%-231,401-472,778-341,411-177,218-164,499373,589-128,324264,575-33,687-37,641204,67518,754-262,612-178,913-585,615170,472-7,481-11,625665,868579,149190,559
  Dividend Payments-0.3%18,91718,96934,7963,144-48,98755,283-17,86024,1563,151-28,95515,51629,48296,380-1,972-30,29532,55131,48891,136-28,53928,546-72,857
  Buy Backs--------------------42.00429

TRTX Income Statement

2023-12-31
Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income and interest expense   
Interest income$ 362,550$ 302,860$ 240,161
Interest expense(273,862)(160,755)(85,090)
Net interest income88,688142,105155,071
Other revenue   
Other income, net19,8752,849560
Revenue from real estate owned operations7,82900
Total other revenue27,7042,849560
Other expenses   
Professional fees6,6954,7354,835
General and administrative3,8454,3994,392
Stock compensation expense8,0295,0525,763
Servicing and asset management fees1,3521,9751,608
Management fee22,42623,45521,519
Incentive management fee05,1830
Expenses from real estate owned operations7,53200
Total other expenses49,87944,79938,117
Gain on sale of real estate owned, net7,02813,29115,790
Credit loss expense, net189,912172,982(6,310)
(Loss) income before income taxes(116,371)(59,536)139,614
Income tax expense, net(259)(530)(1,064)
Net (loss) income(116,630)(60,066)138,550
Preferred stock dividends and participating securities' share in earnings(14,275)(13,578)(19,911)
Series B Preferred Stock redemption make-whole payment00(22,485)
Series B Preferred Stock accretion, including allocated Warrant fair value and transaction costs00(25,449)
Net (loss) income attributable to common stockholders - see Note 11$ (130,905)$ (73,644)$ 70,705
Earnings per share   
(Loss) earnings per common share, basic (in USD per share)$ (1.69)$ (0.95)$ 0.92
(Loss) earnings per common share, diluted (in USD per share)$ (1.69)$ (0.95)$ 0.87
Weighted average number of common shares outstanding   
Basic: (in shares)77,575,78877,296,52476,977,743
Diluted: (in shares)77,575,78877,296,52481,684,388
Other comprehensive (loss) income   
Net (loss) income$ (116,630)$ (60,066)$ 138,550
Comprehensive net (loss) income$ (116,630)$ (60,066)$ 138,550

TRTX Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash and cash equivalents[1]$ 206,376$ 254,050
Restricted cash[1]642265
Accounts receivable[1]40666
Collateralized loan obligation proceeds held at trustee[1]247,229297,168
Accounts receivable from servicer/trustee[1]66,468163,648
Accrued interest and fees receivable[1]32,19541,742
Loans held for investment[1]3,476,7764,978,674
Allowance for credit losses[1](67,092)(197,272)
Loans held for investment, net (includes $1,354,430 and $1,538,859, respectively, pledged as collateral under secured financing agreements)[1]3,409,6844,781,402
Real estate owned[1]174,0570
Other assets[1]77,6216,197
Total assets[1]4,214,3125,545,138
Liabilities  
Accrued interest payable[1]10,22511,080
Accrued expenses and other liabilities[1],[2]14,58725,132
Secured financing agreements, net[1]820,8241,147,288
Payable to affiliates[1]4,9135,984
Deferred revenue[1]1,2811,459
Dividends payable[1]19,16218,970
Total liabilities[1]3,089,5274,223,142
Commitments and contingencies - see Note 14[1]
Permanent equity  
Common stock ($0.001 par value per share; 302,500,000 and 302,500,000 shares authorized, respectively; 77,868,565 and 77,410,282 shares issued and outstanding, respectively)[1]7777
Additional paid-in-capital[1]1,724,9671,716,938
Accumulated deficit[1](600,267)(395,027)
Total stockholders' equity[1]1,124,7851,321,996
Total permanent equity[1]1,124,7851,321,996
Total liabilities and stockholders' equity[1]4,214,3125,545,138
Collateralized loan obligations  
Liabilities  
Collateralized loan obligations, net[1]1,915,1742,452,212
Asset-specific financing arrangements  
Liabilities  
Collateralized loan obligations, net[1]272,810561,017
Mortgage loan payable  
Liabilities  
Collateralized loan obligations, net[1]30,5510
Series A Preferred Stock  
Permanent equity  
Preferred stock[1]00
Series C Preferred Stock  
Permanent equity  
Preferred stock[1]$ 8$ 8
[1]The Company’s consolidated Total Assets and Total Liabilities as of December 31, 2023 include assets and liabilities of variable interest entities (“VIEs”) of $2.6 billion and $1.9 billion, respectively. The Company’s consolidated Total Assets and Total Liabilities as of December 31, 2022 include assets and liabilities of VIEs of $3.3 billion and $2.5 billion, respectively. These assets can be used only to satisfy obligations of the VIEs, and creditors of the VIEs have recourse only to these assets, and not to TPG RE Finance Trust, Inc. See Note 5 to the Consolidated Financial Statements for details.
(2)Includes $2.7 million and $17.3 million of reserve for expected losses for unfunded loan commitments as of December 31, 2023 and December 31, 2022, respectively.
[2]Includes $2.7 million and $17.3 million of reserve for expected losses for unfunded loan commitments as of December 31, 2023 and December 31, 2022, respectively.
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 multifamily, life science, mixed-use, hospitality, self storage, industrial, and retail real estate sectors. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. TPG RE Finance Trust, Inc. was incorporated in 2014 and is based in New York, New York.
0
 CEO
 WEBSITEwww.tpgrefinance.com

TPG RE Finance Trust Inc Frequently Asked Questions


What is the ticker symbol for TPG RE Finance Trust Inc? What does TRTX stand for in stocks?

TRTX is the stock ticker symbol of TPG RE Finance Trust Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of TPG RE Finance Trust Inc (TRTX)?

As of Wed Mar 27 2024, market cap of TPG RE Finance Trust Inc is 604.26 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TRTX stock?

You can check TRTX's fair value in chart for subscribers.

What is the fair value of TRTX stock?

You can check TRTX's fair value in chart for subscribers. The fair value of TPG RE Finance Trust Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of TPG RE Finance Trust Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TRTX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is TPG RE Finance Trust Inc a good stock to buy?

The fair value guage provides a quick view whether TRTX is over valued or under valued. Whether TPG RE Finance Trust Inc is cheap or expensive depends on the assumptions which impact TPG RE Finance Trust Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TRTX.

What is TPG RE Finance Trust Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Mar 27 2024, TRTX's PE ratio (Price to Earnings) is -5.18 and Price to Sales (PS) ratio is 1.67. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TRTX PE ratio will change depending on the future growth rate expectations of investors.