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 $11.00 (represents a 25.79% upside from TRTX’s last price of $8.74) 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 $11.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $11.00 to $11.00. This represents a potential 25.79% upside from TRTX's last price of $8.74.
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% | 25.79% |
| May 07, 2024 | Donald Fandetti | Wells Fargo | $9.00 | $8.60 | 4.65% | 2.92% |
| Jul 01, 2022 | JMP Securities | $13.00 | $9.01 | 44.28% | 48.66% | |
| May 02, 2022 | Eric Hagen | BTIG | $18.50 | $10.51 | 76.07% | 111.55% |
| Apr 25, 2022 | J.P. Morgan | $11.50 | $10.94 | 5.12% | 31.50% |
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 25.79% increase from TRTX last price ($8.74).
TPG RE Finance Trust Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $10.00 |
| Last Closing Price | $8.74 | $8.74 | $8.74 |
| Upside/Downside | -100.00% | -100.00% | 14.35% |
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 $8.74. 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 |
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 | $591.90K | $817.83K | $1.13M | $1.56M | $37.90M | $37.80M | $37.10M | $37.00M | $39.66M | $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 | $620.73K | $857.65K | $1.19M | $1.64M | $39.75M | $39.64M | $38.91M | $37.33M | $40.20M | $41.57M | $39.06M | $31.34M | $29.29M | $38.32M | $28.72M | $36.79M | $34.89M | $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 | $564.07K | $779.37K | $1.08M | $1.49M | $36.12M | $36.02M | $35.36M | $36.68M | $39.12M | $37.77M | $39.06M | $31.30M | $27.04M | $27.64M | $26.10M | $33.43M | $31.70M | $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 | $425.19K | $587.48K | $811.72K | $1.12M | $27.23M | $27.15M | $26.65M | $26.58M | $28.49M | $28.47M | $28.06M | $22.50M | $20.23M | $23.23M | $19.67M | $25.20M | $23.90M | $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 | $445.89K | $616.09K | $851.24K | $1.18M | $28.55M | $28.48M | $27.95M | $26.82M | $28.88M | $29.86M | $28.06M | $22.51M | $21.04M | $27.52M | $20.63M | $26.43M | $25.06M | $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 | $405.19K | $559.85K | $773.54K | $1.07M | $25.94M | $25.88M | $25.40M | $26.35M | $28.10M | $27.13M | $28.06M | $22.48M | $19.42M | $19.85M | $18.75M | $24.01M | $22.77M | $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% | -2.48% | 3.67% | -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 $20.23M, with a high of $21.04M and a low of $19.42M. This is 745.16% 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 | $22.13M | $22.62M | $22.29M | $22.13M | $21.59M | $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 | $26.09M | $25.31M | $24.74M | $24.01M | $23.53M | $24.05M | $23.70M | $22.92M | $22.36M | $22.53M | $19.70M | $42.16M | $3.80M | $14.00M | $10.32M | $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 | $23.04M | $22.35M | $21.85M | $21.20M | $20.78M | $21.24M | $20.93M | $20.55M | $20.05M | $22.35M | $19.69M | $28.11M | $-8.09M | $-38.50M | $9.11M | $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 $9.11M to $10.32M. 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 | $23.20K | $32.05K | $44.28K | $61.18K | $1.49M | $1.48M | $1.45M | $1.45M | $1.55M | $1.55M | $1.53M | $8.33M | $1.10M | $1.27M | $1.07M | $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 | $24.32K | $33.61K | $46.44K | $64.16K | $1.56M | $1.55M | $1.52M | $1.46M | $1.58M | $1.63M | $1.53M | $10.00M | $1.15M | $1.50M | $1.13M | $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 | $22.10K | $30.54K | $42.20K | $58.30K | $1.42M | $1.41M | $1.39M | $1.44M | $1.53M | $1.48M | $1.53M | $6.67M | $1.06M | $1.08M | $1.02M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.56% | 2.64% | 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 $1.10M, based on 2 Wall Street analysts, with a range of $1.06M to $1.15M. The forecast indicates a -44.11% 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 | $0.28 | $0.27 | $0.27 | $0.27 | $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 | $0.30 | $0.29 | $0.30 | $0.29 | $0.28 | $0.27 | $0.28 | $0.24 | $0.21 | $0.05 | $0.17 | $0.13 | $0.28 | $0.20 | $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 | $0.28 | $0.27 | $0.27 | $0.26 | $0.26 | $0.26 | $0.26 | $0.25 | $0.25 | $0.27 | $0.24 | $0.20 | $-0.10 | $-0.47 | $0.11 | $0.25 | $0.17 | $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 |
| ARI | Apollo Commercial Real Estate Finance | $9.06 | $13.50 | 49.01% | |
| TRTX | TPG RE Finance Trust | $8.58 | $11.00 | 28.21% | Buy |
| FBRT | Franklin BSP Realty Trust | $12.65 | $16.00 | 26.48% | Buy |
| EARN | Ellington Residential Mortgage REIT | $6.56 | $8.00 | 21.95% | Buy |
| KREF | KKR Real Estate Finance Trust | $10.85 | $13.00 | 19.82% | Buy |
| RC | Ready Capital | $7.49 | $8.50 | 13.48% | Hold |
| LADR | Ladder Capital | $11.68 | $13.25 | 13.44% | Buy |
| EFC | Ellington Financial | $12.28 | $13.50 | 9.93% | Buy |
| ACRE | Ares Commercial Real Estate | $6.57 | $7.00 | 6.54% | Hold |
| NREF | NexPoint Real Estate Finance | $16.29 | $14.00 | -14.06% | Hold |