TPG RE Finance Trust (TRTX) Stock Forecast, Price Target & Predictions
TRTX Stock Forecast
TPG RE Finance Trust stock forecast is as follows: an average price target of $11.13 (represents a 23.39% upside from TRTX’s last price of $9.02) 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 23.39% upside from TRTX's last price of $9.02.
TRTX Analyst Ratings
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% | 21.95% |
| May 07, 2024 | Donald Fandetti | Wells Fargo | $9.00 | $8.60 | 4.65% | -0.22% |
| Jul 01, 2022 | - | JMP Securities | $13.00 | $9.01 | 44.28% | 44.12% |
| May 02, 2022 | Eric Hagen | BTIG | $18.50 | $10.51 | 76.07% | 105.10% |
| Apr 25, 2022 | - | J.P. Morgan | $11.50 | $10.94 | 5.12% | 27.49% |
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 21.95% increase from TRTX last price ($9.02).
TPG RE Finance Trust Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $11.00 | $10.00 |
| Last Closing Price | $9.02 | $9.02 | $9.02 |
| Upside/Downside | -100.00% | 21.95% | 10.86% |
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 $9.02. This month's average price target is down -100.00% 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 |
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 | Jul 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 | - | $38.04M | $53.82M | $38.64M | $39.73M | $37.63M | $40.26M | $48.09M | $44.14M | $328.00K | $42.25M | $43.69M |
| Avg Forecast | $1.39M | $1.72M | $2.13M | $2.64M | $57.45M | $56.95M | $56.30M | $56.10M | $47.97M | $48.80M | $39.06M | $48.18M | $28.17M | $32.34M | $27.39M | $35.08M | $33.27M | $34.73M | $38.43M | $42.54M | $36.94M | $37.67M | $39.90M | $38.67M | $40.23M | $54.00K | $82.37M | $15.30M | $83.36M | $92.52M |
| High Forecast | $1.45M | $1.80M | $2.22M | $2.75M | $59.96M | $59.43M | $58.76M | $58.55M | $50.06M | $49.48M | $40.77M | $50.28M | $29.29M | $38.32M | $28.58M | $36.61M | $34.72M | $36.24M | $38.43M | $51.04M | $44.33M | $45.20M | $47.88M | $46.40M | $48.28M | $64.80K | $98.85M | $18.36M | $100.03M | $111.03M |
| Low Forecast | $1.35M | $1.67M | $2.06M | $2.56M | $55.67M | $55.19M | $54.56M | $54.36M | $46.49M | $48.12M | $37.85M | $46.69M | $27.04M | $27.64M | $26.54M | $33.99M | $32.24M | $33.65M | $38.43M | $34.03M | $29.55M | $30.14M | $31.92M | $30.94M | $32.18M | $43.20K | $65.90M | $12.24M | $66.69M | $74.02M |
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 17 | 8 | 17 | 16 | 12 | 17 | 8 | 15 | 15 | 17 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.23% | 0.24% | 0.62% | 1.07% | 0.86% | - | 0.89% | 1.46% | 1.03% | 1.00% | 0.97% | 1.00% | 890.56% | 0.54% | 0.02% | 0.51% | 0.47% |
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 | Jul 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 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 17 | 8 | 17 | 16 | 12 | 17 | 8 | 15 | 15 | 17 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.39M | $1.81M | $-62.43M | $87.64M | $-74.36M | - | $46.37M | $76.63M | $50.54M | $54.64M | $51.58M | $36.13M | $59.97M | $68.85M | $-194.24M | $74.13M | $81.01M |
| Avg Forecast | $1.00M | $1.24M | $1.54M | $1.91M | $41.51M | $41.15M | $40.68M | $40.54M | $34.66M | $35.27M | $28.23M | $34.81M | $20.35M | $23.37M | $19.79M | $25.35M | $24.04M | $25.09M | $27.77M | $30.74M | $26.69M | $27.22M | $28.83M | $27.94M | $29.07M | $39.02K | $79.05M | $-1.29B | $74.13M | $81.01M |
| High Forecast | $1.05M | $1.30M | $1.61M | $1.99M | $43.32M | $42.95M | $42.46M | $42.31M | $36.18M | $35.75M | $29.46M | $36.33M | $21.16M | $27.69M | $20.65M | $26.45M | $25.09M | $26.19M | $27.77M | $36.89M | $32.03M | $32.66M | $34.60M | $33.53M | $34.88M | $46.83K | $94.87M | $-1.03B | $88.96M | $97.21M |
| Low Forecast | $972.91K | $1.20M | $1.49M | $1.85M | $40.23M | $39.88M | $39.42M | $39.28M | $33.59M | $34.77M | $27.35M | $33.74M | $19.54M | $19.97M | $19.18M | $24.56M | $23.30M | $24.32M | $27.77M | $24.59M | $21.35M | $21.78M | $23.06M | $22.35M | $23.26M | $31.22K | $63.24M | $-1.55B | $59.31M | $64.80M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.10% | 0.09% | -2.46% | 3.65% | -2.96% | - | 1.51% | 2.87% | 1.86% | 1.90% | 1.85% | 1.24% | 1536.93% | 0.87% | 0.15% | 1.00% | 1.00% |
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 | Jul 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 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 17 | 8 | 17 | 16 | 12 | 17 | 8 | 15 | 15 | 17 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-64.64M | $-72.72M | $7.38M | $36.19M | $-114.61M | - | $23.78M | $44.88M | $29.32M | $32.39M | $31.95M | $14.59M | $38.45M | $42.93M | $-232.79M | $32.91M | $33.02M |
| Avg Forecast | $22.78M | $22.77M | $22.55M | $22.58M | $22.00M | $21.61M | $21.22M | $21.02M | $20.25M | $21.02M | $18.85M | $35.14M | $-7.28M | $-22.33M | $9.29M | $31.94M | $14.34M | $26.50M | $20.61M | $29.04M | $56.46M | $24.09M | $29.80M | $26.40M | $20.29M | $21.15M | $49.29M | $-1.54B | $32.91M | $33.02M |
| High Forecast | $24.07M | $24.06M | $23.83M | $23.86M | $23.25M | $22.83M | $22.42M | $22.22M | $21.39M | $22.53M | $19.92M | $42.16M | $3.64M | $13.40M | $9.81M | $38.33M | $15.15M | $31.80M | $20.61M | $34.84M | $67.75M | $28.91M | $35.76M | $31.68M | $24.35M | $25.38M | $59.15M | $-1.23B | $39.49M | $39.63M |
| Low Forecast | $21.86M | $21.85M | $21.64M | $21.67M | $21.11M | $20.74M | $20.37M | $20.18M | $19.43M | $19.52M | $18.09M | $28.11M | $-7.69M | $-36.85M | $8.91M | $25.55M | $13.76M | $21.20M | $20.61M | $23.23M | $45.17M | $19.27M | $23.84M | $21.12M | $16.23M | $16.92M | $39.43M | $-1.85B | $26.33M | $26.42M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.89% | -7.83% | 0.23% | 2.52% | -4.33% | - | 0.82% | 0.79% | 1.22% | 1.09% | 1.21% | 0.72% | 1.82% | 0.87% | 0.15% | 1.00% | 1.00% |
TPG RE Finance Trust's average Quarter net income forecast for Jun 23 is $9.29M, with a range of $8.91M to $9.81M. TRTX's average Quarter net income forecast represents a 25.94% 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 | Jul 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 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 17 | 8 | 17 | 16 | 12 | 17 | 8 | 15 | 15 | 17 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.98M | $2.83M | $2.70M | $2.61M | $2.13M | - | $2.44M | $8.38M | $7.90M | $7.82M | $7.58M | $7.79M | $7.30M | $7.66M | $7.38M | $8.29M | $9.12M |
| Avg Forecast | $-24.24K | $-30.02K | $-37.17K | $-46.03K | $-1.00M | $-993.68K | $-982.34K | $-978.85K | $-837.00K | $-851.52K | $-681.59K | $8.33M | $-491.46K | $-564.20K | $-477.84K | $7.58M | $-580.48K | $7.13M | $-670.52K | $6.89M | $10.54M | $6.49M | $7.19M | $6.26M | $10.83M | $-942.00 | $8.80M | $-266.89K | $8.29M | $9.12M |
| High Forecast | $-23.49K | $-29.09K | $-36.02K | $-44.60K | $-971.40K | $-962.94K | $-951.95K | $-948.57K | $-811.11K | $-839.56K | $-660.50K | $10.00M | $-471.72K | $-482.22K | $-463.06K | $9.09M | $-562.52K | $8.56M | $-670.52K | $8.27M | $12.65M | $7.78M | $8.63M | $7.51M | $13.00M | $-753.00 | $10.56M | $-213.51K | $9.94M | $10.94M |
| Low Forecast | $-25.30K | $-31.33K | $-38.79K | $-48.03K | $-1.05M | $-1.04M | $-1.03M | $-1.02M | $-873.50K | $-863.27K | $-711.31K | $6.67M | $-511.03K | $-668.54K | $-498.68K | $6.06M | $-605.79K | $5.71M | $-670.52K | $5.51M | $8.43M | $5.19M | $5.75M | $5.01M | $8.67M | $-1.13K | $7.04M | $-320.27K | $6.63M | $7.29M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -3.50% | -5.93% | 0.36% | -4.50% | 0.30% | - | 0.35% | 0.79% | 1.22% | 1.09% | 1.21% | 0.72% | -7751.59% | 0.87% | -27.66% | 1.00% | 1.00% |
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 | Jul 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 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 17 | 8 | 17 | 16 | 12 | 17 | 8 | 15 | 15 | 17 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.83 | $-0.94 | $0.05 | $0.47 | $-1.48 | - | $0.26 | $0.58 | $0.34 | $0.42 | $0.32 | $0.19 | $0.40 | $0.52 | $-3.05 | $0.43 | $0.44 |
| Avg Forecast | $0.29 | $0.29 | $0.29 | $0.29 | $0.28 | $0.28 | $0.27 | $0.27 | $0.26 | $0.27 | $0.24 | $0.20 | $-0.09 | $-0.29 | $0.12 | $0.26 | $0.18 | $0.25 | $0.26 | $1.43 | $1.89 | $1.25 | $1.01 | $0.19 | $0.46 | $0.15 | $0.31 | $2.72 | $0.44 | $0.43 |
| High Forecast | $0.31 | $0.31 | $0.31 | $0.31 | $0.30 | $0.29 | $0.29 | $0.29 | $0.27 | $0.29 | $0.26 | $0.21 | $0.05 | $0.17 | $0.13 | $0.28 | $0.19 | $0.27 | $0.26 | $1.70 | $2.25 | $1.48 | $1.20 | $0.23 | $0.55 | $0.18 | $0.37 | $3.26 | $0.53 | $0.52 |
| Low Forecast | $0.28 | $0.28 | $0.28 | $0.28 | $0.27 | $0.27 | $0.26 | $0.26 | $0.25 | $0.25 | $0.23 | $0.20 | $-0.10 | $-0.47 | $0.11 | $0.25 | $0.18 | $0.24 | $0.26 | $1.15 | $1.52 | $1.00 | $0.82 | $0.15 | $0.37 | $0.12 | $0.25 | $2.17 | $0.35 | $0.34 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.89% | -7.88% | 0.19% | 2.55% | -5.86% | - | 0.18% | 0.31% | 0.27% | 0.42% | 1.68% | 0.41% | 2.67% | 1.68% | -1.12% | 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 | $7.54 | $16.00 | 112.20% | Hold |
| ARI | Apollo Commercial Real Estate Finance | $9.56 | $13.50 | 41.21% | - |
| KREF | KKR Real Estate Finance Trust | $12.30 | $16.17 | 31.46% | Buy |
| TRTX | TPG RE Finance Trust | $8.58 | $11.13 | 29.72% | Buy |
| FBRT | Franklin BSP Realty Trust | $12.65 | $15.33 | 21.19% | Buy |
| RC | Ready Capital | $7.71 | $9.00 | 16.73% | Buy |
| EARN | Ellington Residential Mortgage REIT | $6.98 | $8.00 | 14.61% | Buy |
| LADR | Ladder Capital | $12.20 | $13.25 | 8.61% | Buy |
| EFC | Ellington Financial | $13.30 | $13.50 | 1.50% | Buy |
| NREF | NexPoint Real Estate Finance | $16.07 | $14.00 | -12.88% | 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 23.39% from its last price of $9.02. 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 23.39% (from the last price of $9.02 to the average price target of $11.13), up by 44.12% based on the highest stock price target, and down by -0.22% based on the lowest stock price target.
Can TPG RE Finance Trust stock reach $14?
TRTX's average twelve months analyst stock price target of $11.13 does not support the claim that TPG RE Finance Trust can reach $14 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 $226.8M (high $236.69M, low $219.78M), average EBITDA is $163.89M (high $171.03M, low $158.82M), average net income is $85.85M (high $90.72M, low $82.4M), average SG&A $-3.957M (high $-3.835M, low $-4.13M), and average EPS is $1.1 (high $1.17, low $1.06). TRTX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $7.88M (high $8.22M, low $7.63M), average EBITDA is $5.69M (high $5.94M, low $5.52M), average net income is $90.68M (high $95.82M, low $87.03M), average SG&A $-137K (high $-133K, low $-143K), and average EPS is $1.16 (high $1.23, low $1.12).
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 $11.62M by -1226.71%. 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 $-22.332M by 189.43%. 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%