TPG RE Finance Trust Inc (TRTX) Stocks Hit Low of $7.30 Before Closing at $7.40

In the latest session, TPG RE Finance Trust Inc (NYSE: TRTX) closed at $7.40 up 1.93% from its previous closing price of $7.26. In other words, the price has increased by $+0.14 from its previous closing price. On the day, 1112177 shares were traded. TRTX stock price reached its highest trading level at $7.45 during the session, while it also had its lowest trading level at $7.30.

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Ratios:

For a deeper understanding of TPG RE Finance Trust Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.71. In the meantime, Its Debt-to-Equity ratio is 2.70 whereas as Long-Term Debt/Eq ratio is at 1.63.

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 576.23M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.48 while its Price-to-Book (P/B) ratio in mrq is 0.51. Its current Enterprise Value per Revenue stands at 17.22.

Stock Price History:

Over the past 52 weeks, TRTX has reached a high of $8.09, while it has fallen to a 52-week low of $4.64. The 50-Day Moving Average of the stock is 6.35, while the 200-Day Moving Average is calculated to be 6.62.

Shares Statistics:

For the past three months, TRTX has traded an average of 676.29K shares per day and 1.02M over the past ten days. A total of 77.87M shares are outstanding, with a floating share count of 61.14M. Insiders hold about 21.49% of the company’s shares, while institutions hold 65.17% stake in the company. Shares short for TRTX as of Feb 15, 2024 were 2.42M with a Short Ratio of 3.58, compared to 2.38M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.11% and a Short% of Float of 4.19%.

Dividends & Splits

According to the company, the forward annual dividend rate for TRTX is 0.34, from 0.96 in the trailing year. Against a Trailing Annual Dividend Yield of 13.22%, it implies a Forward Annual Dividend Yield of 12.97%. The stock’s 5-year Average Dividend Yield is 11.35.

Earnings Estimates

There are 7 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.14 for the current quarter, with a high estimate of $0.23 and a low estimate of -$0.09, while EPS last year was $0.17. The consensus estimate for the next quarter is $0.15, with high estimates of $0.25 and low estimates of -$0.1.

Analysts are recommending an EPS of between $1.01 and -$0.37 for the fiscal current year, implying an average EPS of $0.6. EPS for the following year is $0.95, with 4 analysts recommending between $1.09 and $0.84.

Revenue Estimates

A total of 4 analysts believe the company’s revenue will be $27.36M this quarter.It ranges from a high estimate of $31.9M to a low estimate of $22M. As of the current estimate, TPG RE Finance Trust Inc’s year-ago sales were $38.55M, an estimated decrease of -29.00% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $27.32M, an increase of 5.90% over than the figure of -$29.00% in the same quarter last year. There is a high estimate of $30.58M for the next quarter, whereas the lowest estimate is $23M.

A total of 5 analysts have provided revenue estimates for TRTX’s current fiscal year. The highest revenue estimate was $120.2M, while the lowest revenue estimate was $94M, resulting in an average revenue estimate of $108.91M. In the same quarter a year ago, actual revenue was $88.69M, up 22.80% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $110.44M in the next fiscal year. The high estimate is $119.52M and the low estimate is $97M. The average revenue growth estimate for next year is up 1.40% from the average revenue estimate for this year.

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