TPG RE Finance Trust (TRTX) Stock Forecast, Price Target & Predictions

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TRTX Stock Forecast

TPG RE Finance Trust stock forecast is as follows: an average price target of $11.13 (represents a 25.90% upside from TRTX’s last price of $8.84) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.

TRTX Price Target

The average price target for TPG RE Finance Trust (TRTX) is $11.13 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $9.00. This represents a potential 25.90% upside from TRTX's last price of $8.84.

TRTX Analyst Ratings

Buy

According to 3 Wall Street analysts, TPG RE Finance Trust's rating consensus is 'Buy'. The analyst rating breakdown for TRTX stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 1 'Hold' (33.33%), 1 'Sell' (33.33%), and 0 'Strong Sell' (0.00%).

TPG RE Finance Trust Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Jul 19, 2024	Sarah Barcomb	BTIG	$11.00	$9.30	18.28%	24.43%
May 07, 2024	Donald Fandetti	Wells Fargo	$9.00	$8.60	4.65%	1.81%
Jul 01, 2022	-	JMP Securities	$13.00	$9.01	44.28%	47.06%
May 02, 2022	Eric Hagen	BTIG	$18.50	$10.51	76.07%	109.28%
Apr 25, 2022	-	J.P. Morgan	$11.50	$10.94	5.12%	30.09%

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The latest TPG RE Finance Trust stock forecast, released on Jul 19, 2024 by Sarah Barcomb from BTIG, set a price target of $11.00, which represents a 18.28% increase from the stock price at the time of the forecast ($9.30), and a 24.43% increase from TRTX last price ($8.84).

TPG RE Finance Trust Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	2
Avg Price Target	-	-	$10.00
Last Closing Price	$8.84	$8.84	$8.84
Upside/Downside	-100.00%	-100.00%	13.12%

In the current month, the average price target of TPG RE Finance Trust stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to TPG RE Finance Trust's last price of $8.84. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Aug 21, 2024	JMP Securities	Outperform	Outperform	Hold
May 07, 2024	Wells Fargo	Neutral	Neutral	Hold
May 07, 2024	Wells Fargo	Overweight	Overweight	Hold
Apr 12, 2024	Wells Fargo	Neutral	Neutral	Hold
Apr 12, 2024	Raymond James	Underperform	Underperform	Hold
Apr 12, 2024	Raymond James	-	Outperform	Downgrade
Nov 08, 2023	JMP Securities	Market Outperform	Market Outperform	Hold
Jul 01, 2022	JMP Securities	Market Outperform	Market Outperform	Hold
Apr 26, 2022	Zacks Investment Research	-	Sell	Downgrade

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TPG RE Finance Trust's last stock rating was published by JMP Securities on Aug 21, 2024. The company gave TRTX a "Outperform" rating, the same as its previous rate.

TPG RE Finance Trust Financial Forecast

TPG RE Finance Trust Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	$7.47M	$6.49M	$21.87M	$35.50M	$29.93M	$50.81M	$38.04M	$53.82M	$38.64M	$39.73M	$37.63M	$40.26M	$48.09M	$44.14M	$328.00K	$42.25M	$43.69M
Avg Forecast	$1.59M	$1.97M	$2.43M	$3.01M	$37.90M	$37.80M	$37.10M	$37.00M	$39.04M	$39.64M	$39.06M	$31.32M	$28.17M	$32.34M	$27.39M	$35.08M	$33.27M	$34.73M	$38.43M	$35.68M	$37.46M	$37.34M	$35.79M	$36.00M	$39.04M	$32.91M	$30.94M	$42.38M	$43.28M	$41.26M
High Forecast	$1.65M	$2.04M	$2.53M	$3.13M	$39.39M	$39.28M	$38.56M	$37.44M	$39.57M	$41.19M	$39.06M	$31.34M	$29.29M	$38.32M	$28.46M	$36.46M	$34.58M	$34.73M	$38.43M	$35.68M	$37.46M	$37.34M	$35.79M	$36.00M	$39.04M	$32.91M	$30.94M	$42.38M	$43.28M	$41.26M
Low Forecast	$1.53M	$1.89M	$2.34M	$2.90M	$36.46M	$36.36M	$35.69M	$36.56M	$38.51M	$38.13M	$39.06M	$31.30M	$27.04M	$27.64M	$26.34M	$33.74M	$32.00M	$34.73M	$38.43M	$35.68M	$37.46M	$37.34M	$35.79M	$36.00M	$39.04M	$32.91M	$30.94M	$42.38M	$43.28M	$41.26M
# Analysts	1	1	1	1	1	1	1	2	3	1	1	1	2	5	4	4	3	3	3	3	4	4	4	4	4	6	4	4	7	4
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.23%	0.24%	0.62%	1.07%	0.86%	1.32%	1.07%	1.44%	1.03%	1.11%	1.05%	1.03%	1.46%	1.43%	0.01%	0.98%	1.06%

TPG RE Finance Trust's average Quarter revenue forecast for Dec 23 based on 2 analysts is $28.17M, with a low forecast of $27.04M, and a high forecast of $29.29M. TRTX's average Quarter revenue forecast represents a 277.21% increase compared to the company's last Quarter revenue of $7.47M (Sep 23).

TPG RE Finance Trust EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	3	1	1	1	2	5	4	4	3	3	3	3	4	4	4	4	4	6	4	4	7	4
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.39M	$1.81M	$-62.43M	$87.64M	$-74.36M	$15.69M	$46.37M	$76.63M	$50.54M	$54.64M	$51.58M	$36.13M	$59.97M	$68.85M	$-194.24M	$74.13M	$81.01M
Avg Forecast	$1.15M	$1.42M	$1.76M	$2.18M	$27.39M	$27.31M	$26.81M	$26.74M	$28.21M	$28.64M	$28.23M	$22.63M	$20.35M	$23.37M	$19.79M	$25.35M	$24.04M	$25.09M	$27.77M	$25.79M	$27.07M	$26.98M	$25.86M	$26.01M	$28.21M	$23.78M	$22.36M	$-1.29B	$31.28M	$29.82M
High Forecast	$1.19M	$1.48M	$1.83M	$2.26M	$28.46M	$28.39M	$27.86M	$27.05M	$28.59M	$29.77M	$28.23M	$22.64M	$21.16M	$27.69M	$20.57M	$26.34M	$24.98M	$25.09M	$27.77M	$25.79M	$27.07M	$26.98M	$25.86M	$26.01M	$28.21M	$23.78M	$22.36M	$-1.03B	$31.28M	$29.82M
Low Forecast	$1.10M	$1.37M	$1.69M	$2.09M	$26.34M	$26.27M	$25.79M	$26.42M	$27.83M	$27.55M	$28.23M	$22.61M	$19.54M	$19.97M	$19.04M	$24.38M	$23.12M	$25.09M	$27.77M	$25.79M	$27.07M	$26.98M	$25.86M	$26.01M	$28.21M	$23.78M	$22.36M	$-1.55B	$31.28M	$29.82M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.10%	0.09%	-2.46%	3.65%	-2.96%	0.57%	1.80%	2.83%	1.87%	2.11%	1.98%	1.28%	2.52%	3.08%	0.15%	2.37%	2.72%

2 analysts predict TRTX's average Quarter EBITDA for Dec 23 to be $20.35M, with a high of $21.16M and a low of $19.54M. This is 750.18% upper than TPG RE Finance Trust's previous annual EBITDA (Sep 23) of $2.39M.

TPG RE Finance Trust Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	3	1	1	1	2	5	4	4	3	3	3	3	4	4	4	4	4	6	4	4	7	4
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	$-64.64M	$-72.72M	$7.38M	$36.19M	$-114.61M	$-5.43M	$23.78M	$44.88M	$29.32M	$32.39M	$31.95M	$14.59M	$38.45M	$42.93M	$-232.79M	$32.91M	$33.02M
Avg Forecast	$24.54M	$23.81M	$23.27M	$22.58M	$21.81M	$22.29M	$21.97M	$21.97M	$21.32M	$22.44M	$19.70M	$35.14M	$-7.61M	$-23.33M	$9.71M	$31.94M	$62.11M	$19.68M	$20.61M	$29.04M	$23.95M	$23.12M	$19.68M	$26.40M	$25.39M	$22.16M	$19.39M	$-1.54B	$34.32M	$33.63M
High Forecast	$25.79M	$25.02M	$24.46M	$23.73M	$22.92M	$23.43M	$23.09M	$23.60M	$22.90M	$22.53M	$19.70M	$42.16M	$3.80M	$14.00M	$10.20M	$38.33M	$74.53M	$19.68M	$20.61M	$34.84M	$23.95M	$23.12M	$19.68M	$31.68M	$25.39M	$22.16M	$19.39M	$-1.23B	$34.32M	$33.63M
Low Forecast	$23.32M	$22.63M	$22.12M	$21.46M	$20.73M	$21.19M	$20.88M	$19.53M	$20.53M	$22.35M	$19.69M	$28.11M	$-7.99M	$-38.50M	$9.22M	$25.55M	$49.68M	$19.68M	$20.61M	$23.23M	$23.95M	$23.12M	$19.68M	$21.12M	$25.39M	$22.16M	$19.39M	$-1.85B	$34.32M	$33.63M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	2.77%	-7.49%	0.23%	0.58%	-5.82%	-0.26%	0.82%	1.87%	1.27%	1.65%	1.21%	0.57%	1.73%	2.21%	0.15%	0.96%	0.98%

TPG RE Finance Trust's average Quarter net income forecast for Jun 23 is $9.71M, with a range of $9.22M to $10.20M. TRTX's average Quarter net income forecast represents a 31.60% increase compared to the company's last Quarter net income of $7.38M (Mar 23).

TPG RE Finance Trust SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	3	1	1	1	2	5	4	4	3	3	3	3	4	4	4	4	4	6	4	4	7	4
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.98M	$2.83M	$2.70M	$2.61M	$2.13M	$2.28M	$2.44M	$8.38M	$7.90M	$7.82M	$7.58M	$7.79M	$7.30M	$7.66M	$7.38M	$8.29M	$9.12M
Avg Forecast	$-27.69K	$-34.29K	$-42.46K	$-52.58K	$-661.29K	$-659.55K	$-647.33K	$-645.59K	$-681.20K	$-691.60K	$-681.59K	$8.33M	$-491.46K	$-564.20K	$-477.84K	$7.58M	$11.60M	$-605.92K	$-670.52K	$6.89M	$-653.60K	$-651.53K	$-624.51K	$6.26M	$-681.18K	$-574.31K	$-539.85K	$-739.46K	$-755.25K	$-719.98K
High Forecast	$-26.64K	$-32.98K	$-40.84K	$-50.58K	$-636.10K	$-634.42K	$-622.67K	$-637.99K	$-671.97K	$-665.25K	$-681.59K	$10.00M	$-471.72K	$-482.22K	$-459.64K	$9.09M	$13.92M	$-605.92K	$-670.52K	$8.27M	$-653.60K	$-651.53K	$-624.51K	$7.51M	$-681.18K	$-574.31K	$-539.85K	$-739.46K	$-755.25K	$-719.98K
Low Forecast	$-28.78K	$-35.64K	$-44.13K	$-54.64K	$-687.26K	$-685.45K	$-672.76K	$-653.19K	$-690.43K	$-718.76K	$-681.59K	$6.67M	$-511.03K	$-668.54K	$-496.61K	$6.06M	$9.28M	$-605.92K	$-670.52K	$5.51M	$-653.60K	$-651.53K	$-624.51K	$5.01M	$-681.18K	$-574.31K	$-539.85K	$-739.46K	$-755.25K	$-719.98K
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-3.50%	-5.93%	0.36%	0.23%	-3.51%	-3.40%	0.35%	-12.82%	-12.12%	-12.52%	1.21%	-11.43%	-12.71%	-14.19%	-9.98%	-10.97%	-12.66%

TPG RE Finance Trust's average Quarter SG&A projection for Dec 23 is $-491.46K, based on 2 Wall Street analysts, with a range of $-511.03K to $-471.72K. The forecast indicates a -124.88% fall compared to TRTX last annual SG&A of $1.98M (Sep 23).

TPG RE Finance Trust EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	3	1	1	1	2	5	4	4	3	3	3	3	4	4	4	4	4	6	4	4	7	4
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.83	$-0.94	$0.05	$0.47	$-1.48	$-0.07	$0.26	$0.58	$0.34	$0.42	$0.32	$0.19	$0.40	$0.52	$-3.05	$0.43	$0.44
Avg Forecast	$0.30	$0.29	$0.29	$0.28	$0.27	$0.27	$0.27	$0.27	$0.26	$0.28	$0.24	$0.20	$-0.09	$-0.29	$0.12	$0.26	$0.18	$0.25	$0.26	$0.30	$0.31	$0.30	$0.25	$0.24	$0.33	$0.28	$0.25	$0.42	$0.44	$0.43
High Forecast	$0.32	$0.31	$0.30	$0.29	$0.28	$0.29	$0.28	$0.29	$0.28	$0.28	$0.24	$0.21	$0.05	$0.17	$0.13	$0.28	$0.19	$0.25	$0.26	$0.30	$0.31	$0.30	$0.25	$0.24	$0.33	$0.28	$0.25	$0.42	$0.44	$0.43
Low Forecast	$0.29	$0.28	$0.27	$0.26	$0.25	$0.26	$0.26	$0.24	$0.25	$0.27	$0.24	$0.20	$-0.10	$-0.47	$0.11	$0.25	$0.18	$0.25	$0.26	$0.30	$0.31	$0.30	$0.25	$0.24	$0.33	$0.28	$0.25	$0.42	$0.44	$0.43
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	2.89%	-7.88%	0.19%	2.55%	-5.86%	-0.27%	0.87%	1.89%	1.15%	1.67%	1.35%	0.58%	1.41%	2.09%	-7.33%	0.98%	1.02%

According to 4 Wall Street analysts, TPG RE Finance Trust's projected average Quarter EPS for Jun 23 is $0.12, with a low estimate of $0.11 and a high estimate of $0.13. This represents a 138.56% increase compared to TRTX previous annual EPS of $0.05 (Mar 23).

TPG RE Finance Trust Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
AJX	Great Ajax	$3.46	$11.00	217.92%	Buy
ACRE	Ares Commercial Real Estate	$7.12	$11.50	61.52%	Hold
ARI	Apollo Commercial Real Estate Finance	$9.13	$13.50	47.86%	-
KREF	KKR Real Estate Finance Trust	$11.53	$16.17	40.24%	Buy
TRTX	TPG RE Finance Trust	$8.58	$11.13	29.72%	Buy
EARN	Ellington Residential Mortgage REIT	$6.37	$8.00	25.59%	Buy
FBRT	Franklin BSP Realty Trust	$12.65	$15.33	21.19%	Buy
RC	Ready Capital	$7.11	$8.50	19.55%	Hold
LADR	Ladder Capital	$11.66	$13.25	13.64%	Buy
EFC	Ellington Financial	$12.21	$13.50	10.57%	Buy
NREF	NexPoint Real Estate Finance	$16.53	$14.00	-15.31%	Hold

TRTX Forecast FAQ

Is TPG RE Finance Trust a good buy?

Yes, according to 3 Wall Street analysts, TPG RE Finance Trust (TRTX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of TRTX's total ratings.

What is TRTX's price target?

TPG RE Finance Trust (TRTX) average price target is $11.13 with a range of $9 to $13, implying a 25.90% from its last price of $8.84. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will TPG RE Finance Trust stock go up soon?

According to Wall Street analysts' prediction for TRTX stock, the company can go up by 25.90% (from the last price of $8.84 to the average price target of $11.13), up by 47.06% based on the highest stock price target, and up by 1.81% based on the lowest stock price target.

Can TPG RE Finance Trust stock reach $13?

TRTX's average twelve months analyst stock price target of $11.13 does not support the claim that TPG RE Finance Trust can reach $13 in the near future.

What are TPG RE Finance Trust's analysts' financial forecasts?

TPG RE Finance Trust's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $149.8M (high $154.67M, low $145.07M), average EBITDA is $108.25M (high $111.76M, low $104.83M), average net income is $88.04M (high $93.04M, low $82.32M), average SG&A $-2.614M (high $-2.531M, low $-2.699M), and average EPS is $1.08 (high $1.14, low $1.01). TRTX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $9M (high $9.35M, low $8.66M), average EBITDA is $6.5M (high $6.76M, low $6.26M), average net income is $94.2M (high $99.01M, low $89.53M), average SG&A $-157K (high $-151K, low $-163K), and average EPS is $1.16 (high $1.22, low $1.1).

Did the TRTX's actual financial results beat the analysts' financial forecasts?

Based on TPG RE Finance Trust's last annual report (Dec 2023), the company's revenue was $27.7M, which missed the average analysts forecast of $122.97M by -77.47%. Apple's EBITDA was $2.6M, missing the average prediction of $88.86M by -97.07%. The company's net income was $-131M, missing the average estimation of $10.71M by -1322.75%. Apple's SG&A was $10.54M, beating the average forecast of $6.04M by 74.41%. Lastly, the company's EPS was $-1.69, missing the average prediction of $0.00353 by -47948.24%. In terms of the last quarterly report (Sep 2023), TPG RE Finance Trust's revenue was $7.47M, missing the average analysts' forecast of $32.34M by -76.91%. The company's EBITDA was $2.39M, missing the average prediction of $23.37M by -89.75%. TPG RE Finance Trust's net income was $-64.636M, beating the average estimation of $-23.335M by 176.99%. The company's SG&A was $1.98M, missing the average forecast of $-564K by -450.05%. Lastly, the company's EPS was $-0.83, beating the average prediction of $-0.287 by 189.41%