Somewhat Positive Media Coverage Somewhat Unlikely to Impact TPG RE Finance Trust (TRTX) Share Price
News headlines about TPG RE Finance Trust (NYSE:TRTX) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. TPG RE Finance Trust earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 44.547877582523 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the headlines that may have effected Accern’s scoring:
- TPG RE Finance Trust, Inc. Announces Fourth Quarter and Full Year 2017 Earnings Release and Conference Call (finance.yahoo.com)
- TPG RE Finance Trust Inc (TRTX) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
- TPG RE Finance Trust, Inc. breached its 50 day moving average in a Bearish Manner : TRTX-US : October 18, 2017 (finance.yahoo.com)
- TPG RE Finance Trust, Inc. Announces Results for the Quarter Ended September 30, 2017 (finance.yahoo.com)
- Edited Transcript of TRTX.N earnings conference call or presentation 7-Nov-17 1:30pm GMT (finance.yahoo.com)
TPG RE Finance Trust (NYSE:TRTX) opened at $18.96 on Friday. 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 has a 1 year low of $18.61 and a 1 year high of $20.70.
The firm also recently declared a quarterly dividend, which was paid on Thursday, January 25th. Shareholders of record on Friday, December 29th were given a dividend of $0.38 per share. The ex-dividend date was Thursday, December 28th. This represents a $1.52 dividend on an annualized basis and a yield of 8.02%.
TRTX has been the topic of a number of recent research reports. Zacks Investment Research downgraded TPG RE Finance Trust from a “buy” rating to a “hold” rating in a research note on Saturday, November 11th. Citigroup restated a “neutral” rating and issued a $22.00 target price on shares of TPG RE Finance Trust in a research note on Tuesday, October 17th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $21.33.
In other TPG RE Finance Trust news, CEO Greta Guggenheim purchased 10,000 shares of the stock in a transaction on Friday, December 1st. The shares were bought at an average price of $19.19 per share, for a total transaction of $191,900.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
About TPG RE Finance Trust
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.
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