In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, TPG RE Finance Trust Inc’s stock clocked out at $7.18, up 5.59% from its previous closing price of $6.80. In other words, the price has increased by $5.59 from its previous closing price. On the day, 1.91 million shares were traded. TRTX stock price reached its highest trading level at $7.255 during the session, while it also had its lowest trading level at $6.47.
Ratios:
To gain a deeper understanding of TRTX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.45. In the meantime, Its Debt-to-Equity ratio is 2.31 whereas as Long-Term Debt/Eq ratio is at 1.82.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on October 17, 2024, Upgraded its rating to Overweight and sets its target price to $9.50 from $9 previously.
Raymond James Downgraded its Strong Buy to Outperform on April 12, 2024, while the target price for the stock was maintained at $8.50.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 08 ’24 when STARWOOD CAPITAL GROUP GLOBAL sold 9,352,941 shares for $8.84 per share. The transaction valued at 82,679,998 led to the insider holds 2,647,059 shares of the business.
PE Holder, L.L.C. sold 9,352,941 shares of TRTX for $82,679,998 on May 08 ’24. The 10% Owner now owns 2,647,059 shares after completing the transaction at $8.84 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRTX now has a Market Capitalization of 581606528 and an Enterprise Value of 2987818752. As of this moment, TPG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.67, and their Forward P/E ratio for the next fiscal year is 6.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.66 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at 20.057.
Stock Price History:
The Beta on a monthly basis for TRTX is 1.64, which has changed by -0.052770436 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, TRTX has reached a high of $9.61, while it has fallen to a 52-week low of $6.74. The 50-Day Moving Average of the stock is -13.90%, while the 200-Day Moving Average is calculated to be -16.52%.
Shares Statistics:
It appears that TRTX traded 703.07K shares on average per day over the past three months and 1243180 shares per day over the past ten days. A total of 81.00M shares are outstanding, with a floating share count of 66.14M. Insiders hold about 18.34% of the company’s shares, while institutions hold 81.47% stake in the company. Shares short for TRTX as of 1741910400 were 2296900 with a Short Ratio of 3.27, compared to 1739491200 on 1747295. Therefore, it implies a Short% of Shares Outstanding of 2296900 and a Short% of Float of 3.4099999999999997.
Dividends & Splits
With its trailing 12-month dividend rate of 0.96, TRTX has a forward annual dividend rate of 0.96. Against a Trailing Annual Dividend Yield of 0.14117646The stock’s 5-year Average Dividend Yield is 11.54.
