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TPG RE Finance Trust, Inc. (TRTX)

Real Estate | REIT - Mortgage | New York, United States | NYSE
8.39 USD -0.13 (-1.526%) ⇩ (July 13, 2026, 4:02 p.m. EDT)
After hours: 8.39
Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:★★☆☆☆
Hot Take ↕ | July 11, 2026, 4:58 a.m. EDT

The long-term outlook is severely compromised by a brutal multi-year decline. Despite a recent recovery in earnings and revenue, the stock has lost more than half its value over the last eight years, and the most recent annual return was negative. This persistent downward trajectory, combined with a payout ratio exceeding 100%, signals that the current dividend is likely unsustainable and funded by capital erosion rather than operating cash flow. While the high yield is attractive on paper, it masks a deteriorating business quality where the market has priced in significant structural issues. Short-term momentum remains weak, with the price trading below key moving averages and options flow showing heavy hedging activity against further drops. Investors should view this as a value trap where the low price reflects deep-seated problems rather than a bargain opportunity.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.014329
MSTL_60_1260.016624
MSTL_1260.019193
MSTL_600.026725
AutoARIMA0.030792
AutoETS0.030793
AutoTheta0.034993

Forecast horizon: 60 days | Selected: MSTL

Forecast Reliability
Score 43%
H-stat 2.20
Ljung-Box p 0.000
Jarque-Bera p 0.714
Excess Kurtosis -0.14
Attribute Value
Sector Real Estate
Ex Dividend Date 2026-06-25
Last Dividend Date 2026-06-25
Debt to Equity Ratio 316.653
Revenue per Share 1.733
Market Cap 648,615,872
Trailing P/E 13.11
Forward P/E 7.39
Beta 1.46
Profit Margins 48.11%
Website https://www.tpgrefinance.com

As of July 11, 2026, 4:58 a.m. EDT: Speculators are overwhelmingly positioning for downside protection. Call volume is negligible across all expirations, while put open interest is concentrated significantly out-of-the-money (OTM) at strikes like $10 and $11 for later dates, indicating a fear of a sharp decline rather than a modest dip. The lack of OTM call positioning suggests no speculative bets on a rally are being made.

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.84% 11.51% 12.18% 11.83%
Dividend History
Date Dividend Yield %
2026-06-26 0.24 2.836879
2026-03-27 0.24 3.153745
2025-12-26 0.24 2.730375
2025-09-26 0.24 2.784223
2025-06-27 0.24 3.125000
2025-03-28 0.24 2.992519
2024-12-27 0.24 2.857143
2024-09-27 0.24 2.888086
2024-06-27 0.24 2.840237
2024-03-27 0.24 3.092783
2023-12-28 0.24 3.566122
2023-09-27 0.24 3.686636
2023-06-27 0.24 3.252032
2023-03-28 0.24 3.498542
2022-12-28 0.24 3.652968
2022-09-27 0.24 3.243243
2022-06-27 0.24 2.507837
2022-03-28 0.24 2.035623
2021-12-28 0.31 2.502018
2021-09-28 0.24 1.915403
2021-06-25 0.20 1.426533
2021-03-25 0.20 1.828154
2020-12-24 0.38 3.558052
2020-09-24 0.20 2.493765
2020-06-25 0.20 2.298851
2020-06-12 0.43 5.005821
2020-03-26 0.43 7.478261
2019-12-26 0.43 2.118227
2019-09-26 0.43 2.160804
2019-06-27 0.43 2.253669
2019-03-28 0.43 2.192759
2018-12-27 0.43 2.347162
2018-09-27 0.43 2.162978
2018-06-22 0.43 2.118227
2018-03-28 0.42 2.113739
2017-12-28 0.38 1.977107
2017-10-05 0.33 1.669196
Additional Data
dividendRate 0.96
dividendYield 11.27
exDividendDate 2026-06-26
trailingAnnualDividendRate 0.96
trailingAnnualDividendYield 0.11267605
lastDividendValue 0.24
lastDividendDate 2026-06-26
dividendDate 2026-07-24

Info Dump

Attribute Value
52 Week Change 0.040293097
Address1 888 Seventh Avenue
Address2 35th Floor
All Time High 21.3
All Time Low 2.45
Ask 0.0
Ask Size 2,300
Audit Risk 6
Average Daily Volume10 Day 779,630
Average Daily Volume3 Month 624,509
Average Volume 624,509
Average Volume10Days 779,630
Beta 1.461
Bid 0.0
Bid Size 1,700
Board Risk 8
Book Value 13.562
City New York
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 8.39
Current Ratio 92.745
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 8.58
Day Low 8.385
Debt To Equity 316.653
Display Name TPG RE Finance Trust
Dividend Date 1,784,851,200
Dividend Rate 0.96
Dividend Yield 11.27
Earnings Call Timestamp End 1,777,467,600
Earnings Call Timestamp Start 1,777,467,600
Earnings Growth 0.583
Earnings Quarterly Growth 0.38
Earnings Timestamp 1,777,406,400
Earnings Timestamp End 1,785,268,800
Earnings Timestamp Start 1,785,268,800
Ebitda Margins 0.0
Enterprise To Revenue 28.774
Enterprise Value 3,919,921,920
Eps Current Year 1.04
Eps Forward 1.136
Eps Trailing Twelve Months 0.64
Esg Populated 0
Ex Dividend Date 1,782,432,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 8.4316
Fifty Day Average Change -0.041599274
Fifty Day Average Change Percent -0.0049337344
Fifty Two Week Change Percent 4.0293097
Fifty Two Week High 9.85
Fifty Two Week High Change -1.46
Fifty Two Week High Change Percent -0.14822336
Fifty Two Week Low 7.565
Fifty Two Week Low Change 0.8250003
Fifty Two Week Low Change Percent 0.10905489
Fifty Two Week Range 7.565 - 9.85
Financial Currency USD
First Trade Date Milliseconds 1,500,557,400,000
Five Year Avg Dividend Yield 11.14
Float Shares 67,715,806
Forward Eps 1.136
Forward P E 7.3855634
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.75149
Gross Profits 102,376,000
Has Pre Post Market Data 1
Held Percent Insiders 0.03525
Held Percent Institutions 0.77942
Implied Shares Outstanding 77,308,209
Industry REIT - Mortgage
Industry Disp REIT - Mortgage
Industry Key reit-mortgage
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,782,432,000
Last Dividend Value 0.24
Last Fiscal Year End 1,767,139,200
Long Business Summary TPG RE Finance Trust, Inc., a commercial real estate finance company, originates and acquires a portfolio of commercial real estate-related assets in the United States. It engages in directly originating and selectively acquiring first mortgage loans secured by commercial real estate properties; and invests in other commercial real estate-related debt instruments, including subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments. 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.
Long Name TPG RE Finance Trust, Inc.
Market us_market
Market Cap 648,615,872
Market State PREPRE
Max Age 86,400
Message Board Id finmb_283453025
Most Recent Quarter 1,774,915,200
Net Income To Common 50,685,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 658,665,940
Number Of Analyst Opinions 6
Open 8.54
Operating Cashflow 95,803,000
Operating Margins 0.50676
Overall Risk 7
Payout Ratio 1.5
Phone 212 601 4700
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 8.39
Post Market Time 1,783,981,117
Previous Close 8.52
Price Eps Current Year 8.067308
Price Hint 2
Price To Book 0.6186403
Price To Sales Trailing12 Months 4.7611823
Profit Margins 0.48109
Quick Ratio 92.734
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.13
Regular Market Change Percent -1.52582
Regular Market Day High 8.58
Regular Market Day Low 8.385
Regular Market Day Range 8.385 - 8.58
Regular Market Open 8.54
Regular Market Previous Close 8.52
Regular Market Price 8.39
Regular Market Time 1,783,972,959
Regular Market Volume 530,699
Return On Assets 0.01554
Return On Equity 0.06053
Revenue Growth 0.119
Revenue Per Share 1.733
Sand P52 Week Change 0.20847368
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Share Holder Rights Risk 9
Shares Outstanding 77,308,209
Shares Percent Shares Out 0.0493
Shares Short 3,814,564
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 3,706,327
Short Name TPG RE Finance Trust, Inc.
Short Percent Of Float 0.0508
Short Ratio 5.1
Source Interval 15
State NY
Symbol TRTX
Target High Price 11.0
Target Low Price 8.5
Target Mean Price 10.0
Target Median Price 10.0
Total Cash 91,985,000
Total Cash Per Share 1.19
Total Debt 3,363,282,944
Total Revenue 136,230,000
Tradeable 0
Trailing Annual Dividend Rate 0.96
Trailing Annual Dividend Yield 0.11267605
Trailing Eps 0.64
Trailing P E 13.109376
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 8.6116
Two Hundred Day Average Change -0.22159958
Two Hundred Day Average Change Percent -0.025732683
Type Disp Equity
Volume 530,699
Website https://www.tpgrefinance.com
Zip 10,106