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TRTX NYSE US

TPG RE Finance Trust, Inc. Common Stock

Real Estate · Real Estate Website · IPO Jul 2017
$8.07
▲ +$0.14 (+1.77%)
Vol 475K
Mkt Cap
$621.3M
P/E
10.3
ROE
5.6%
Margin
18.1%
Beta
1.55
Div Yield
12.11%
52W
$6–$10

Wall Street Consensus

12 analysts · Apr 2026
4
Strong Buy
6
Buy
1
Hold
1
Sell
0
Strong Sell
83.3%
Buy Rating

Price Chart

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Earnings

Beat rate: 25.0%
Quarter EPS Est EPS Act Surprise
Dec 2025 $0.26 $0.24 $-0.02
Sep 2025 $0.26 $0.25 $-0.01
Jun 2025 $0.23 $0.24 +$0.01
Mar 2025 $0.26 $0.24 $-0.02

Quarterly Revenue & Earnings

Quarter 2024-0… 2024-1… 2025-0… 2025-0… 2025-0… 2025-1…
Revenue — $34.3M $36.6M $42.6M $37.2M $34.9M
Net Income — $10.7M $13.7M $20.6M $22.0M $4.0M

Key Ratios

ROA (TTM)
1.5%
P/S (TTM)
1.87
P/B
0.6
EPS (TTM)
$0.75
CF/Share
$-1.29
Rev Growth 3Y
+2.9%
52W High
$9.85
52W Low
$6.47
$6.47 52-Week Range $9.85

Financial Health

Free Cash Flow
$21.1M
Net Debt
$3.2B
Cash
$87.6M
Total Debt
$3.3B
As of Dec 31, 2025

How does TRTX compare to Real Estate peers?

Peer group: Peers · Real Estate (Peers) · 10 companies

TRTX FBRT RWT NLY MFA PMT BRSP KREF IVR ADAM

TRTX valuation vs Real Estate peers

P/E ratio
10.3
▲ 31% above peers (7.9)
vs Peers
vs Industry
Overvalued
P/S ratio
1.9
▲ 33% above peers (1.4)
vs Peers
vs Industry
Overvalued
P/B ratio
0.6
▲ 0% above peers (0.6)
vs Peers
vs Industry
Fair value
Div yield
12.1%
▼ 8% below peers (13.2%)
vs Peers
vs Industry
Low yield

TRTX profitability vs Real Estate peers

ROE
5.6%
▲ 3% above peers (5.4%)
vs Peers
vs Industry
In line
Net margin
18.1%
▲ 42% above peers (12.8%)
vs Peers
vs Industry
Below avg
Gross margin
91.4%
▲ 191% above peers (31.4%)
vs Peers
vs Industry
Top tier
ROA
1.5%
▲ 37% above peers (1.1%)
vs Peers
vs Industry
Below avg

TRTX financial health vs Real Estate peers

D/E ratio
—
▼ 0% below peers (778.2)
vs Peers
vs Industry
Low debt
Current ratio
2.5
▲ 1353% above peers (0.2)
vs Peers
vs Industry
Strong liquidity
Beta
1.6
▲ 11% above peers (1.4)
vs Peers
vs Industry
Less volatile

TRTX fundamentals radar

TRTX Peer median Industry

TRTX profitability vs leverage

Bubble size = market cap · X = net margin · Y = D/E ratio

TRTX vs peers: key metrics

Insider Activity

Bullish
Buys
4
$27769
Sells
0
SILVERSTEIN WENDY A
Director · Jan 23
award
1007 shs
SCHUSTER TODD
Director · Jan 23
award
138 shs
SMITH MICHAEL BRADLEY
Director · Jan 23
award
1007 shs
GILLMORE MICHAEL
Director · Jan 23
award
1007 shs
Last 90 days

Top Holders

Top 5: 31.99%
Long Pond Capital, LP
9.07%
$56.8M
Blackrock Inc.
8.63%
$54.0M
Vanguard Group Inc
5.34%
$33.4M
Goldman Sachs Group Inc
4.89%
$30.6M
State of New Jersey Common …
4.06%
$25.4M
As of Dec 31, 2025

Dividends

$0.96
/ year
Mar 27, 2026 $0.2400
Dec 26, 2025 $0.2400
Sep 26, 2025 $0.2400
Jun 27, 2025 $0.2400
Mar 28, 2025 $0.2400
Dec 27, 2024 $0.2400
Sep 27, 2024 $0.2400
Jun 27, 2024 $0.2400

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