Real Estate
TPG RE Finance Trust, Inc.(TRTX)
Live Price
Offline$8.60
+1.06% today
1Y Change
+8.60%
Window
Jun 20, 2025 โ Jun 12, 2026
- Market Cap
- $670.00M
- Revenue Growth
- -5.2%
- EPS Growth
- -24.0%
- Dividend Yield
- 11.2%
Coverage: 246 bars ยท Jun 20, 2025 โ Jun 12, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
TPG RE Finance Trust, Inc. (TRTX) is a Real Estate stock with a market cap of $670.00M and listed on NYSE. The stock last traded around $8.60 and up 8.6% across the available one-year price window (Jun 20, 2025 โ Jun 12, 2026). Baseline metrics include revenue growth of -5.2%, EPS growth of -24.0%, a dividend yield of 11.2%. What stands out right now is revenue -5.2%, EPS -24.0%, free cash flow -21.1% with operating margin 75.0% and ROIC 5.7%. The dividend matters to the case here, with a current yield around 11.2%. Valuation is more restrained than many high-expectation growth names at P/E 10.3 and price/sales 2.0. Overall, the current profile looks closer to a income-oriented value setup than a generic broad-market placeholder. Stock Foundry combines TRTX price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Real Estate peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Below sector median
-5.2% vs +11.4% peer median
Operating Margin
Above sector median
+75.0% vs +59.6% peer median
P/E
Below sector median
10.3 vs 19.5 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on May 5, 2026, but the surprise data is still limited.
The operating picture looks softer than before
Revenue is at -5.2% and EPS is at -24.0%, with operating margin around 75.0%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 11.2%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged -2.6% over the next 5 trading days and finished higher after 0 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 May 5, 2026 | โ | +0.5% | -2.7% | -2.0% |
2026 Feb 17, 2026 | -11.1% | -4.1% | -5.1% | -8.2% |
2025 Oct 28, 2025 | -3.9% | -2.8% | +0.0% | +1.7% |
Benchmark Comparison
Normalized Performance vs SPY
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
TRTX
โ
Normalized return
SPY
โ
S&P 500
Excess Return
โ
Relative to SPY
TRTX Max Drawdown
-21.71%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for TRTX and SPY.
Company Overview
TPG RE Finance Trust, Inc.
New York Stock Exchange
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.
- Leadership
- Doug Bouquard
- IPO Date
- Jul 20, 2017
- Street Address
- 888 Seventh Avenue
- Mailing
- New York City, NY, 10106
- Region
- New York City, NY, US
- Reporting Currency
- USD
- Investor Line
- 212 601 4700
- Last Updated
- May 5, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 10.3
- EV/EBITDA
- 14.4
- Price/Sales
- 2.0
- Price/Book
- 0.6
Growth
- Revenue
- -5.2%
- EPS
- -24.0%
- Free Cash Flow
- -21.1%
Profitability
- Gross Margin
- 80.5%
- Operating Margin
- 75.0%
- Net Margin
- 19.4%
- ROE
- 6.1%
- ROIC
- 5.7%
Balance Sheet
- Debt/Equity
- 3.17
- Current Ratio
- 5.24
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.