Analysts forecast that TPG RE Finance Trust Inc (NYSE:TRTX) will post $0.44 earnings per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for TPG RE Finance Trust’s earnings, with the highest EPS estimate coming in at $0.45 and the lowest estimate coming in at $0.42. TPG RE Finance Trust reported earnings of $0.41 per share during the same quarter last year, which indicates a positive year over year growth rate of 7.3%. The business is expected to announce its next earnings results on Monday, February 25th.

According to Zacks, analysts expect that TPG RE Finance Trust will report full year earnings of $1.72 per share for the current fiscal year, with EPS estimates ranging from $1.69 to $1.74. For the next financial year, analysts expect that the company will report earnings of $1.83 per share, with EPS estimates ranging from $1.77 to $1.88. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that follow TPG RE Finance Trust.

TPG RE Finance Trust (NYSE:TRTX) last issued its earnings results on Monday, November 5th. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.02). The business had revenue of $36.60 million for the quarter, compared to analysts’ expectations of $35.90 million. TPG RE Finance Trust had a return on equity of 8.41% and a net margin of 41.60%. The business’s quarterly revenue was up 32.6% on a year-over-year basis. During the same period last year, the company posted $0.35 earnings per share.

TRTX has been the subject of a number of analyst reports. Zacks Investment Research downgraded TPG RE Finance Trust from a “hold” rating to a “strong sell” rating in a research note on Friday, October 26th. BTIG Research initiated coverage on TPG RE Finance Trust in a research note on Tuesday, October 9th. They set a “buy” rating and a $21.50 target price for the company. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. TPG RE Finance Trust presently has an average rating of “Hold” and a consensus target price of $21.88.

Shares of TRTX stock traded down $0.05 during trading hours on Friday, reaching $19.50. 221,739 shares of the company’s stock were exchanged, compared to its average volume of 235,377. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 11.21, a price-to-earnings-growth ratio of 2.27 and a beta of -0.15. TPG RE Finance Trust has a 1 year low of $18.22 and a 1 year high of $21.05. The company has a current ratio of 36.68, a quick ratio of 36.68 and a debt-to-equity ratio of 2.12.

Several institutional investors and hedge funds have recently added to or reduced their stakes in TRTX. SG Americas Securities LLC acquired a new stake in shares of TPG RE Finance Trust in the 2nd quarter worth approximately $125,000. Strs Ohio grew its holdings in shares of TPG RE Finance Trust by 55.9% in the 2nd quarter. Strs Ohio now owns 9,200 shares of the company’s stock worth $186,000 after acquiring an additional 3,300 shares during the period. United Services Automobile Association acquired a new stake in shares of TPG RE Finance Trust in the 3rd quarter worth approximately $224,000. Virginia Retirement Systems ET AL acquired a new stake in shares of TPG RE Finance Trust in the 3rd quarter worth approximately $226,000. Finally, American International Group Inc. grew its holdings in shares of TPG RE Finance Trust by 13.9% in the 3rd quarter. American International Group Inc. now owns 23,323 shares of the company’s stock worth $467,000 after acquiring an additional 2,854 shares during the period. Institutional investors and hedge funds own 45.79% of the company’s stock.

TPG RE Finance Trust Company Profile

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; and subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments secured by properties primarily in the office, mixed use, multifamily, industrial, retail, and hospitality real estate sectors.

Featured Story: How to use beta for portfolio diversification

Get a free copy of the Zacks research report on TPG RE Finance Trust (TRTX)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for TPG RE Finance Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TPG RE Finance Trust and related companies with MarketBeat.com's FREE daily email newsletter.