TPG RE Finance Trust, Inc. Stock News

NEW YORK--(BUSINESS WIRE)--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 third quarter of 2024. The dividend will be payable on October 25, 2024 to common stockholders of record as of September 27, 2024. ABOUT TRTX TRTX is a commercial real estate fin...

NEW YORK--(BUSINESS WIRE)--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 third quarter of 2024. The Series C Preferred Stock dividend is payable on September 30, 2024 to preferred stock...

TRTX's commons have rallied 26% in the last year due to its conservative posturing, a reduction in office loans, and an increase in liquidity. The mREIT's loan portfolio is heavily focused on multifamily properties. Looming Fed rate cuts will see net interest income come under pressure, heightening the need for TRTX to be more aggressive on new loan originations in 2025.

TPG RE Finance Trust, Inc. Q2 2024 Earnings Conference Call July 31, 2024 9:00 AM ET Company Participants Doug Bouquard - Chief Executive Officer Bob Foley - Chief Financial Officer Conference Call Participants Tom Catherwood - BTIG Stephen Laws - Raymond James Steve Delaney - Citizens JMP Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to TPG Real Estate Fin...

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) reported its operating results for the quarter ended June 30, 2024. Regarding second quarter results, Doug Bouquard, Chief Executive Officer of TRTX, said: “Our investment portfolio delivered strong performance in the face of an uncertain macroeconomic and real estate investing environment. During the q...

TPG RE Finance Trust has shown price strength in July, up by 11%, benefiting from the trending small-cap rotation and value rotation in the market. Improved yield curve and potential rate cuts could be positive for mREITs like TRTX, driving up stock prices. TRTX is also expected to participate in the strong REIT rally as it is picking up momentum.

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced it will release financial results for the second quarter 2024 and file its Form 10-Q and earnings supplemental after the market close on Tuesday, July 30, 2024. CONFERENCE CALL AND WEBCAST INFORMATION The Company will host a conference call and webcast to review its financial results wit...

NEW YORK--(BUSINESS WIRE)--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 2024. The dividend will be payable on July 25, 2024 to common stockholders of record as of June 27, 2024. ABOUT TRTX TRTX is a commercial real estate finance co...