TPG RE Finance Trust, Inc. (TRTX)

NYSE: TRTX · Real-Time Price · USD
8.46
+0.17 (2.05%)
At close: Jun 26, 2026, 4:00 PM EDT
8.46
0.00 (-0.02%)
After-hours: Jun 26, 2026, 7:00 PM EDT
2.05%
Market Cap 654.03M
Revenue (ttm) 136.23M
Net Income (ttm) 50.69M
Shares Out 77.31M
EPS (ttm) 0.64
PE Ratio 13.20
Forward PE 7.95
Dividend $0.96 (11.25%)
Ex-Dividend Date Jun 26, 2026
Volume 1,810,959
Open 8.31
Previous Close 8.29
Day's Range 8.25 - 8.46
52-Week Range 7.57 - 9.85
Beta 1.47
Analysts Buy
Price Target 10.00 (+18.2%)
Earnings Date Jul 28, 2026

About TRTX

TPG RE Finance Trust, Inc., a commercial real estate finance company, originates and acquires a portfolio of commercial real estate-related assets in the United States. It engages in directly originating and selectively acquiring first mortgage loans secured by commercial real estate properties; and invests in other commercial real estate-related debt instruments, including subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments. The company qualifies ... [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 2025, TPG RE Finance Trust's revenue was $132.24 million, a decrease of -11.23% compared to the previous year's $148.97 million. Earnings were $45.48 million, a decrease of -23.78%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for TRTX stock is "Buy." The 12-month stock price target is $10.0, which is an increase of 18.20% from the latest price.

Price Target
$10.0
(18.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 the Company's Board of Directors has declared a cash dividend of $0.24 per share of co...

Other symbols: TPG
14 days 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...

18 days ago - Business Wire

TPG RE Finance Trust Transcript: AGM 2026

The meeting confirmed a quorum, presented three proposals, and approved all: election of eight directors, ratification of the auditor, and executive compensation. A Q&A session followed, and the meeting was adjourned.

5 weeks ago - Transcripts

TPG RE Finance Trust, Inc. Announces Closing of New $400 Million Senior Secured Term Loan B and $100 Million Revolving Credit Facility

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that it closed on a Term Loan B for an aggregate principal amount of $400 million due in 20...

6 weeks ago - Business Wire

TPG RE Finance Trust Earnings Call Transcript: Q1 2026

Q1 2026 saw stable credit performance, strong liquidity, and a shift toward newer loan vintages, with office exposure reduced below 5%. Multifamily and industrial sectors remain focus areas, and $535M in new term sheets signal continued portfolio growth.

2 months ago - Transcripts

TPG RE Finance Trust Quarterly report: Q1 2026

TPG RE Finance Trust has published its Q1 2026 quarterly earnings report on April 29, 2026.

2 months ago - Filings

TPG RE Finance Trust Earnings release: Q1 2026

TPG RE Finance Trust released its Q1 2026 earnings on April 29, 2026, summarizing the period's financial results.

2 months ago - Filings

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2026

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, 2026. Regarding first quarter results, Doug ...

2 months ago - Business Wire

TPG RE Finance price target lowered to $9.50 from $10.50 at JPMorgan

JPMorgan analyst Richard Shane lowered the firm’s price target on TPG RE Finance (TRTX) to $9.50 from $10.50 and keeps an Overweight rating on the shares. The firm adjusted targets…

2 months ago - TheFly

TPG RE Finance Trust, Inc. Announces First Quarter 2026 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 2026 and file its Form 10-Q and ear...

2 months ago - Business Wire

TPG RE Finance Trust Proxy statement: Proxy filing

TPG RE Finance Trust filed a proxy statement on April 8, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

TPG RE Finance Trust Proxy statement: Proxy filing

TPG RE Finance Trust filed a proxy statement on April 8, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

TPG RE Finance upgraded to Outperform from Market Perform at Citizens

Citizens analyst Chris Muller upgraded TPG RE Finance (TRTX) to Outperform from Market Perform with a $10 price target which offers 34% potential upside. TPG RE is focused on growing…

3 months ago - TheFly

TPG RE Finance Trust Slides: Investor presentation

TPG RE Finance Trust has posted slides in relation to its latest quarterly earnings report, which was published on March 5, 2026.

4 months ago - Filings

TPG RE Finance price target raised to $8.50 from $8 at BofA

BofA analyst Eric Dray raised the firm’s price target on TPG RE Finance (TRTX) to $8.50 from $8 and keeps an Underperform rating on the shares. The firm is updating…

4 months ago - TheFly

TPG RE Finance price target lowered to $10.50 from $11 at JPMorgan

JPMorgan lowered the firm’s price target on TPG RE Finance (TRTX) to $10.50 from $11 and keeps an Overweight rating on the shares.

4 months ago - TheFly

TPG RE Finance price target lowered to $10 from $11 at Wells Fargo

Wells Fargo lowered the firm’s price target on TPG RE Finance (TRTX) to $10 from $11 and keeps an Overweight rating on the shares. The firm cites a steady quarter…

4 months ago - TheFly

TPG RE Finance Trust Earnings Call Transcript: Q4 2025

Strong 2025 results with $1.9B in new investments, 25% asset growth, and full dividend coverage. Multifamily and industrial exposure rose to 72%, leverage increased, and two CRE CLOs enhanced reinvestment capacity. Entering 2026 with robust pipeline and capital.

4 months ago - Transcripts

TPG RE Finance Trust Earnings release: Q4 2025

TPG RE Finance Trust released its Q4 2025 earnings on February 18, 2026, summarizing the period's financial results.

4 months ago - Filings

TPG RE Finance Trust Annual report: Q4 2025

TPG RE Finance Trust has published its Q4 2025 annual report on February 18, 2026.

4 months ago - Filings

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter and Full Year Ended December 31, 2025

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, 2025. Regarding fourth quar...

4 months ago - Business Wire

TPG RE Finance Trust, Inc. Announces Fourth Quarter and Full Year 2025 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 2025 and file its F...

5 months ago - Business Wire

TPG RE Finance Trust, Inc. Announces Tax Treatment of 2025 Dividends

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the income tax treatment of its 2025 common stock and its 6.25% Series C Cumulative Redeema...

5 months ago - Business Wire

TPG RE Finance price target raised to $11 from $10.50 at JPMorgan

JPMorgan analyst Richard Shane raised the firm’s price target on TPG RE Finance (TRTX) to $11 from $10.50 and keeps an Overweight rating on the shares. The firm adjusted targets…

5 months ago - TheFly

TPG RE Finance Trust, Inc. Closes $1.1 Billion Commercial Real Estate CLO

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) announced today that it closed TRTX 2025-FL7, a $1.1 billion managed Commercial Real Estate Collateralized ...

7 months ago - Business Wire