Tpg Re Finance Trust Inc TRTX

$6.43 -0.21 (-3.16%)

Valuation

Market cap
503,491,000
Revenue TTM
$146,120,000
Net income TTM
$60,320,000
P/E (trailing)
10.56
P/E (forward)
7.40
Profit margin
41.28%
Debt to equity
4.05

Trading

Volume
1,518,326
Avg volume
1,447,420
Day's range
$6.41 – $6.66
Shares out
75,827,000
Stochastic %K
2%
Beta
1.48
Analysts
Moderate Buy
Price target
$9.38

Price

Company profile

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 l...

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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 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.

Industry
REIT - Mortgage
Sector
Real Estate
Phone
212 601 4700
Website
https://www.tpgrefinance.com
Address
888 Seventh Avenue, 35th Floor, New York, United States

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