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After finishing at $8.53 in the prior trading day, TPG RE Finance Trust Inc (NYSE: TRTX) closed at $8.50, down -0.35%. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 0.54 million shares were traded. TRTX stock price reached its highest trading level at $8.6169 during the session, while it also had its lowest trading level at $8.48.
Ratios:
Our goal is to gain a better understanding of TRTX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.45. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 688531392 and an Enterprise Value of 3067202304. As of this moment, TPG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.45, and their Forward P/E ratio for the next fiscal year is 7.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.96 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at 20.59.
Stock Price History:
The Beta on a monthly basis for TRTX is 1.82, which has changed by 0.080050826 over the last 52 weeks, in comparison to a change of 0.08190584 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 $6.92. The 50-Day Moving Average of the stock is 0.30%, while the 200-Day Moving Average is calculated to be -1.54%.
Shares Statistics:
The stock has traded on average 617.76K shares per day over the past 3-months and 854910 shares per day over the last 10 days, according to various share statistics. 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 81.20% stake in the company. Shares short for TRTX as of 1740700800 were 2106890 with a Short Ratio of 3.41, compared to 1738281600 on 1992283. Therefore, it implies a Short% of Shares Outstanding of 2106890 and a Short% of Float of 3.1300000000000003.
Dividends & Splits
In the trailing 12 months, TRTX’s forward annual dividend rate was 0.96, compared to 0.96 this year. Against a Trailing Annual Dividend Yield of 0.11254396The stock’s 5-year Average Dividend Yield is 11.87.
