TPG RE Finance Trust Stock (NYSE:TRTX)
Previous Close
$8.82
52W Range
$5.12 - $9.66
50D Avg
$8.64
200D Avg
$8.20
Market Cap
$716.21M
Avg Vol (3M)
$636.60K
Beta
2.22
Div Yield
$0.72 (8.14%)
TRTX Company Profile
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 office, multifamily, life science, mixed-use, hospitality, industrial, and retail real estate sectors. 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.
TRTX Performance
Peer Comparison
Ticker | Company |
---|---|
ACRE | Ares Commercial Real Estate Corporation |
RC | Ready Capital Corporation |
LADR | Ladder Capital Corp |
EARN | Ellington Residential Mortgage REIT |
CHMI | Cherry Hill Mortgage Investment Corporation |
AJX | Great Ajax Corp. |
ARI | Apollo Commercial Real Estate Finance, Inc. |
EFC | Ellington Financial Inc. |
FBRT | Franklin BSP Realty Trust, Inc. |
NREF | NexPoint Real Estate Finance, Inc. |
DX | Dynex Capital, Inc. |
KREF | KKR Real Estate Finance Trust Inc. |