TPG RE Finance Trust, Inc. (NYSE:TRTX) declared a quarterly dividend on Wednesday, December 20th, Wall Street Journal reports. Shareholders of record on Friday, December 29th will be paid a dividend of 0.38 per share on Thursday, January 25th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 7.81%. The ex-dividend date of this dividend is Thursday, December 28th.

Shares of TPG RE Finance Trust (TRTX) traded up $0.04 during trading on Wednesday, hitting $19.46. The company’s stock had a trading volume of 14,316 shares, compared to its average volume of 132,760. TPG RE Finance Trust has a fifty-two week low of $18.61 and a fifty-two week high of $20.70. The company has a quick ratio of 10.75, a current ratio of 10.75 and a debt-to-equity ratio of 1.27.

TPG RE Finance Trust (NYSE:TRTX) last announced its earnings results on Monday, November 6th. The company reported $0.35 EPS for the quarter, meeting analysts’ consensus estimates of $0.35. The firm had revenue of $27.58 million for the quarter, compared to analyst estimates of $26.00 million. During the same period in the previous year, the company earned $0.43 EPS. TPG RE Finance Trust’s revenue was up 17.5% compared to the same quarter last year. equities research analysts anticipate that TPG RE Finance Trust will post 1.96 EPS for the current fiscal year.

Several equities research analysts recently commented on the company. Zacks Investment Research cut TPG RE Finance Trust from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Citigroup reaffirmed a “neutral” rating and issued a $22.00 price target on shares of TPG RE Finance Trust in a report on Tuesday, October 17th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. TPG RE Finance Trust has an average rating of “Buy” and a consensus price target of $21.33.

In other TPG RE Finance Trust news, CEO Greta Guggenheim acquired 10,000 shares of the stock in a transaction that occurred on Friday, December 1st. The stock was bought at an average cost of $19.19 per share, for a total transaction of $191,900.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

ILLEGAL ACTIVITY NOTICE: This article was first reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are viewing this article on another website, it was stolen and reposted in violation of United States and international trademark and copyright laws. The correct version of this article can be accessed at https://theolympiareport.com/2017/12/27/tpg-re-finance-trust-inc-trtx-to-go-ex-dividend-on-december-28th.html.

TPG RE Finance Trust Company Profile

TPG RE Finance Trust, Inc is a commercial real estate finance company. The Company is engaged in originating, acquiring and managing commercial mortgage loans and other commercial real estate-related debt instruments. It focuses primarily on directly originating and selectively acquiring floating rate first mortgage loans that are secured by high quality commercial real estate properties undergoing some form of transition and value creation, such as re-tenanting, refurbishment or other form of repositioning.

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 Analyst Ratings Network's FREE daily email newsletter.