BofA Securities resumed coverage on TPG RE Finance Trust with a new price target
$TRTX
Real Estate Investment Trusts
Real Estate
BofA Securities resumed coverage of TPG RE Finance Trust with a rating of Neutral and set a new price target of $8.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/17/2024 | $9.00 → $9.50 | Neutral → Overweight | JP Morgan |
| 7/19/2024 | $11.00 | Buy | BTIG Research |
| 4/12/2024 | $8.50 | Strong Buy → Outperform | Raymond James |
| 3/4/2024 | $6.50 | Neutral → Underperform | BofA Securities |
| 4/25/2023 | Neutral | BTIG Research | |
| 11/21/2022 | $8.00 | Neutral | BofA Securities |
| 11/2/2022 | Buy → Neutral | BTIG Research | |
| 1/7/2022 | $15.50 → $16.00 | Strong Buy | Raymond James |
TPG RE Finance Trust, Inc. (NYSE:TRTX) ("TRTX" or the "Company") today announced that the Company's Board of Directors has declared a cash dividend of $0.24 per share of common stock for the second quarter of 2025. The dividend will be payable on July 25, 2025 to common stockholders of record as of June 27, 2025. ABOUT TRTX 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. The Company is externally managed by TPG RE Finance Trust Management, L.P., a part of TPG Real Estate, which is the real estate investment platf
TPG RE Finance Trust, Inc. (NYSE:TRTX) ("TRTX" or the "Company") today announced the Company's Board of Directors declared a cash dividend of $0.3906 per share of 6.25% Series C Cumulative Redeemable Preferred Stock (the "Series C Preferred Stock") for the second quarter of 2025. The Series C Preferred Stock dividend is payable on June 30, 2025 to preferred stockholders of record as of June 20, 2025. ABOUT TRTX 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. The Company is externally managed by TPG RE Finance Tru
TPG RE Finance Trust, Inc. (NYSE:TRTX) ("TRTX" or the "Company") reported its operating results for the quarter ended March 31, 2025. Regarding first quarter results, Doug Bouquard, Chief Executive Officer of TRTX, said: "TRTX produced solid operating results that again covered our $0.24 dividend. TRTX is differentiated by its strong liquidity, stable liability structure, and accretive capital allocation decisions. Over the past few months, TRTX issued a $1.1 billion CRE CLO and repurchased approximately $9 million of common shares while recently deploying capital into new investments. These moves increased our liquidity, extended the duration of our liabilities while reducing our cost of