2 weeks Ago By ABMN Staff
TPG RE Finance Trust ( NYSE:TRTX – Get Free Report ) had its price objective dropped by investment analysts at JPMorgan Chase & Co. from $8.50 to $7.
00 in a note issued to investors on Wednesday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.
‘s price target points to a potential downside of 2.18% from the stock’s previous close. TPG RE Finance Trust Stock Performance Shares of TRTX opened at $7.
16 on Wednesday. The company has a market capitalization of $579.66 million, a PE ratio of 9.
54, a price-to-earnings-growth ratio of 0.25 and a beta of 1.78.
The company’s fifty day moving average price is $8.10 and its 200 day moving average price is $8.46.
The company has a debt-to-equity ratio of 2.14, a current ratio of 156.81 and a quick ratio of 152.
83. TPG RE Finance Trust has a one year low of $6.47 and a one year high of $9.
66. TPG RE Finance Trust ( NYSE:TRTX – Get Free Report ) last posted its quarterly earnings results on Tuesday, February 18th. The company reported $0.
08 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.18).
The firm had revenue of $34.74 million during the quarter, compared to analyst estimates of $27.98 million.
TPG RE Finance Trust had a net margin of 21.79% and a return on equity of 7.57%.
As a group, analysts expect that TPG RE Finance Trust will post 0.99 earnings per share for the current year. Institutional Inflows and Outflows About TPG RE Finance Trust ( Get Free Report ) 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. Featured Articles Receive News & Ratings for TPG RE Finance Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TPG RE Finance Trust and related companies with MarketBeat.com's FREE daily email newsletter .
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