TRTX

TPG RE Finance Trust Inc
NYSEREAL ESTATEREIT - MORTGAGE

Key Statistics

Market Cap
$452.94M
P/E Ratio
10.73
EPS
$0.55
Beta
1.53
52W High
$8.51
52W Low
$5.60
50-Day MA
$7.17
200-Day MA
$8.15
Dividend Yield
16.20%
Profit Margin
43.90%
Forward P/E
11.11
PEG Ratio
—

About TPG RE Finance Trust Inc

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 North America. The company is headquartered in New York, New York.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$132.25M
Gross Profit (TTM)$101.39M
EBITDA—
Operating Margin43.50%
Return on Equity5.44%
Return on Assets1.33%
Revenue/Share (TTM)$1.70
Book Value$13.57
Price-to-Book0.50
Price-to-Sales (TTM)3.42
EV/Revenue28.25
EV/EBITDA—
Quarterly Earnings Growth (YoY)-42.90%
Quarterly Revenue Growth (YoY)-11.60%
Shares Outstanding$76.77M
Float$66.91M
% Insiders3.55%
% Institutions81.40%

Historical Volatility

HV 10-Day
33.87%
HV 20-Day
32.57%
HV 30-Day
27.53%
HV 60-Day
24.06%
HV Rank
99.6%

Volatility is currently expanding

Analyst Ratings

Consensus ($9.88 target)
2
Strong Buy
3
Buy
1
Strong Sell

Latest News

TPG RE Finance Trust: Discount Deepens, Dividend Yield Widens

TPG RE Finance Trust has dipped nearly 40% from its 52-week high to open up a deep discount to its $10.95 book value per share. The mREIT is paying out a 16.62% record dividend yield to its common shareholders, albeit this is currently not covered by distributable earnings. U.S. Treasury rates surging to a more than two-decade high have catalyzed intense volatility in the market for income, with inflation set to form a headwind for mREITs.

Seeking Alpha10/16/2026Positive
TPG RE Finance Trust: Funding Costs Are A Cause For Concern

TPG RE Finance Trust is rated Sell due to unsustainable dividend coverage and deteriorating business economics. TRTX's distributable earnings fell short of its $0.24/share dividend, with net interest income down 5.9% YoY in Q2 despite higher loan balances. Rising funding costs, narrowing loan spreads, and a shift away from favorable CLO funding are compressing NII and threatening dividend sustainability.

Seeking Alpha10/5/2026Negative
TPG RE Finance Trust, Inc. Announces Pricing of $1.0 Billion Commercial Real Estate CLO

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the pricing of TRTX 2026-FL8, a $1.0 billion managed Commercial Real Estate Collateralized Loan Obligation. The Company expects approximately $820.0 million of investment grade securities to be placed with institutional investors, providing TRTX with term financing on a non-mark-to-market, non-recourse basis. TRTX 2026-FL8 includes a 30-month reinvestment period and a weighted average int.

Business Wire9/15/2026Neutral
18 LoPrice/HiYield DiviDogs Rated Buys For August

This collection of 37 Dogcatcher LoPrice/HiYield Dogs was found by screening the Russell 3000 list for dividends yielding between 5% and 25%. Here are top-yield small to large-cap stocks priced between $5 and $65 per-share showing hight yields over the past five (or more) years. “To find the best stocks to Buy -now, search for stocks of companies with consistent-profits, good cash-flow and other-indicators that reflect -quality.”--Kiplinger.com/Investing.

Seeking Alpha8/27/2026Positive
Readers Flag 31 Ideal 'Safer' Dividend Buys In July

I present the July 2026 ReFa/Ro Dogs list, highlighting high-yield dividend stocks selected by reader engagement and quantitative metrics. Top ten ReFa/Ro Dogs offer projected net gains of 25.61% to 72.48% by July 2027, with all passing the IDEAL test—dividends from $1k invested exceed the share price. Analyst targets suggest an average 43.8% net gain for the top ten, with the five lowest-priced yielding dogs forecast to outperform the group by 5.77%.

Seeking Alpha8/21/2026Positive
TPG RE Finance Trust: We Continue To Find The Series C Preferred Shares Attractive

TPG Real Estate Finance Trust (TRTX) Series C Preferred (TRTX.PR.C) remains a Buy, supported by robust Q2 2026 financials and prudent portfolio management. TRTX has reduced office exposure to 4.3% and shifted toward multifamily and industrial assets, mitigating sector risk. Leverage increased to 3.3x, balanced by conservative underwriting and a capital structure reset with long-term, non-mark-to-market debt.

Seeking Alpha8/7/2026Positive
TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended June 30, 2026

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) reported its operating results for the quarter ended June 30, 2026. Regarding second quarter results, Doug Bouquard, Chief Executive Officer of TRTX, said: "TRTX delivered strong first-half results, generating Distributable Earnings of $0.48 per share that fully covered our year-to-date common stock dividend. We had a highly active second quarter, investing $466 million into new loans across our target.

Business Wire7/28/2026Neutral
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% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) for the second quarter of 2026. The Series C Preferred Stock dividend is payable on June 30, 2026 to preferred stockholders of record as of June 18, 2026. ABOUT TRTX TRTX is a commercial real estate finance company that or.

Business Wire6/8/2026Neutral
TRTX vs. SUHJY: Which Stock Is the Better Value Option?

Investors interested in stocks from the Real Estate - Operations sector have probably already heard of TPG RE Finance Trust (TRTX) and Sun Hung Kai Properties Ltd. (SUHJY). But which of these two stocks offers value investors a better bang for their buck right now?

Zacks Investment Research5/26/2026Neutral

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Data last updated: 10/17/2026