Companies /Real Estate

TPG RE Finance Trust Inc

NYSE: TRTX Reit - Mortgage
$6.50
▲ $0.08 (+1.25%) today
Markets closed · 12:57pm ET

TRTX at a Glance

Valuation
Market cap
$492.9M
P/E ratio
16.7
Dividend yield
14.90%
Profitability
Revenue (TTM)
$119.2M
Profit margin
38.1%
EPS (TTM)
$0.39
Price
52-week range
$6 – $9
Street target
$9.62

Headquartered in New York, NY Fiscal year ends December NYSE: TRTX tpgrefinance.com

About TPG RE Finance Trust

TPG RE Finance Trust, Inc. (NYSE: TRTX) is a commercial real estate finance company that originates, acquires, and manages primarily first mortgage loans secured by institutional properties located in primary and select secondary markets in the United States. As of September 30, 2026, the company maintained a $5.2 billion loan investment portfolio consisting of 59 loans, with a weighted average risk rating of 3.0, a 99.7% floating rate composition, and a 65.9% weighted average loan-to-value ratio. The portfolio is concentrated in multifamily (52.6%) and industrial (22.6%) property types. The company is externally managed by TPG RE Finance Trust Management, L.P., part of TPG Real Estate, the real estate investment platform of global alternative asset management firm TPG Inc. (NASDAQ: TPG). TRTX operates as a REIT and distributes at least 90% of its net taxable income annually. The company finances its operations through a diversified mix of collateralized loan obligations, secured financing agreements, asset-specific financings, and corporate debt, with 78.8% of borrowings on non-mark-to-market terms. Updated

TRTX Coverage

Frequently Asked Questions

What does TPG RE Finance Trust do?

TPG RE Finance Trust, Inc. (NYSE: TRTX) is a commercial real estate finance company that originates, acquires, and manages primarily first mortgage loans secured by institutional properties located in primary and select secondary markets in the United States.

What is the TRTX stock price target?

The Wall Street consensus 12-month price target for TRTX is $9.62.