Brokerages Set TPG RE Finance Trust, Inc. (NYSE:TRTX) Target Price at $10.75

TPG RE Finance Trust, Inc. (NYSE:TRTX) has earned a consensus rating of “Hold” from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is $10.75.

TRTX has been the subject of several recent analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of TPG RE Finance Trust from $10.00 to $10.50 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Zacks Research downgraded TPG RE Finance Trust from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 27th. Finally, Weiss Ratings cut TPG RE Finance Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, February 9th.

TPG RE Finance Trust Stock Down 3.9%

TRTX stock opened at $8.46 on Friday. The company’s 50 day moving average price is $8.99 and its 200 day moving average price is $8.99. The firm has a market capitalization of $662.31 million, a price-to-earnings ratio of 15.11, a PEG ratio of 1.69 and a beta of 1.53. TPG RE Finance Trust has a fifty-two week low of $6.47 and a fifty-two week high of $9.85. The company has a debt-to-equity ratio of 2.61, a quick ratio of 166.64 and a current ratio of 166.64.

TPG RE Finance Trust (NYSE:TRTX) last posted its quarterly earnings results on Tuesday, February 17th. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.03). TPG RE Finance Trust had a return on equity of 6.80% and a net margin of 18.14%.The firm had revenue of $35.04 million for the quarter, compared to analyst estimates of $27.15 million. On average, equities research analysts anticipate that TPG RE Finance Trust will post 0.99 EPS for the current fiscal year.

TPG RE Finance Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 23rd. Investors of record on Friday, December 26th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 11.3%. The ex-dividend date of this dividend was Friday, December 26th. TPG RE Finance Trust’s dividend payout ratio is 171.43%.

Key Headlines Impacting TPG RE Finance Trust

Here are the key news stories impacting TPG RE Finance Trust this week:

• Positive Sentiment: Management reported $1.9 billion of loan originations for 2025 (including $927M in Q4) and said the company maintained a 100% performing loan portfolio — evidence of growth and strong credit quality that can support future dividend coverage and earnings. BusinessWire: Operating Results
• Positive Sentiment: Board/management is targeting higher leverage (3.5–3.75x) and intentionally expanding multifamily and industrial exposure — a strategy that can boost ROE if funding costs stay stable and asset yields hold. Seeking Alpha: Leverage & Portfolio Shift
• Neutral Sentiment: Company released Q4 2025 earnings materials and multiple call transcripts (presentation and earnings call available) — useful for investors who want details on loan yields, funding mix and capital plans before taking a view. Earnings Presentation Earnings Call Transcript Fool: Call Transcript
• Neutral Sentiment: Reported revenue was notably higher than some consensus figures (sources show ~ $35.0M) — this supports the originations narrative but investors will focus on interest spread and funding costs to judge sustainability. MarketBeat: Q4 Details
• Negative Sentiment: EPS of $0.24 missed consensus (~$0.27), which, together with higher trading volume, likely pressured the share price as investors reprice near-term earnings expectations. Zacks: EPS Miss
• Negative Sentiment: Higher planned leverage increases risk if interest rates rise or funding conditions tighten; any deterioration in spreads or loan performance would hit earnings and dividends. Seeking Alpha: Leverage Risk

Institutional Trading of TPG RE Finance Trust

Several institutional investors have recently modified their holdings of the stock. Kemnay Advisory Services Inc. purchased a new position in shares of TPG RE Finance Trust in the 4th quarter valued at $30,000. Kestra Advisory Services LLC acquired a new position in TPG RE Finance Trust in the fourth quarter valued at $30,000. CWM LLC grew its holdings in shares of TPG RE Finance Trust by 473.7% during the second quarter. CWM LLC now owns 3,517 shares of the company’s stock worth $27,000 after purchasing an additional 2,904 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in shares of TPG RE Finance Trust by 2,454.1% during the third quarter. Russell Investments Group Ltd. now owns 5,951 shares of the company’s stock worth $51,000 after purchasing an additional 5,718 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of TPG RE Finance Trust by 86.6% during the second quarter. BNP Paribas Financial Markets now owns 6,494 shares of the company’s stock worth $50,000 after purchasing an additional 3,013 shares in the last quarter. Hedge funds and other institutional investors own 57.12% of the company’s stock.

TPG RE Finance Trust Company Profile

TPG RE Finance Trust, Inc (NYSE: TRTX) is a growth-oriented real estate finance company that originates and invests in a diversified portfolio of commercial real estate debt. The company’s primary business activities include the origination and acquisition of senior mortgage loans, mezzanine loans and preferred equity investments. These investments predominantly finance multifamily, office, industrial, retail and hospitality properties across the United States.

TPG RE Finance Trust pursues a flexible capital strategy, structuring transactions that range from first-lien floating-rate loans to subordinated debt and preferred equity.