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TRTX-PC

TPG RE Finance Trust

TRTX-PC · NYSE · Real Estate
$16.20
▼ $16.20 (-1.76%)
$15.20 $15.87 $16.53 $17.20 $16.20 20:38 14:09
Day range
$16.16 – $17.03
Year range
$16.16 – $19.87
Open
$16.49
Previous close
—
Market cap
$536.35M
Volume (24h)
$14.4K
Volume (52w)
$233.44K
Performance
7D
▼ -1.76%
1M
▼ -12.24%
3M
▼ -10.99%
6M
▼ -10.00%
1Y
▼ -8.16%
YTD
▼ -10.00%
3Y
▲ 9.02%
5Y
▼ -33.22%
All-time
▼ -35.94%
Key statistics
P/E ratio
16.30
EPS (TTM)
$0.99
Dividend yield
9.64%
Dividend (TTM)
$1.56
Payout ratio
157.18%
Shares outstanding
33.1M
About TPG RE Finance Trust

TPG RE Finance Trust, Inc. operates as a financial entity focused on the commercial real estate sector, primarily engaging in the origination, acquisition, and active management of various debt instruments related to commercial properties across the United States. Its investment strategy encompasses a wide array of products, including direct commercial mortgage loans, junior lien positions, mezzanine financing, secured real estate securities, note financing arrangements, preferred equity investments, and other debt instruments. The company also allocates capital to more complex financial products such as commercial real estate collateralized loan obligations (CRE CLOs) and commercial mortgage-backed securities (CMBS). These holdings are predominantly secured by real estate assets in key sectors like office, multifamily, life science, mixed-use, hospitality, industrial, and retail. Recognized as a Real Estate Investment Trust (REIT) for federal tax purposes, TPG RE Finance Trust, Inc. is typically exempt from corporate income tax, provided it distributes at least 90% of its taxable earnings to its shareholders. The firm was established in 2014 and maintains its headquarters in New York, New York.

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Country: United States of America
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