TPG RE Finance Trust, Inc., a commercial real estate finance company, originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in North America. It invests in commercial mortgage loans; subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments; and commercial real estate collateralized loan obligations and commercial mortgage-backed securities secured by properties primarily in the office, multifamily, mixed-use, hospitality, industrial, and retail real estate sectors. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. TPG RE Finance Trust, Inc. was incorporated in 2014 and is based in New York, New York.
IPO Year: 2017
Exchange: NYSE
Website: tpgrefinance.com
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 |
7/23/2021 | $13.50 → $14.50 | Market Outperform | JMP Securities |