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NYSEReal EstateREIT - Mortgage
Latest quote
$5.865
−$0.105 · -1.76%
TPG RE Finance Trust, Inc. (TRTX) operates as a financial institution primarily engaged in the commercial real estate sector within the United States. Its core business involves generating, purchasing, and actively overseeing a variety of debt instruments connected to commercial properties. The company's investment strategy encompasses a wide range of commercial real estate-backed debt, including senior and subordinate mortgage loans, mezzanine financing, preferred equity stakes, and various secured real estate securities. TRTX also allocates capital to commercial mortgage-backed securities (CMBS) and collateralized loan obligations (CLOs) that are underpinned by real estate assets. These investments are predominantly tied to properties within key sectors such as office buildings, multifamily residences, life science facilities, mixed-use developments, hospitality venues, industrial sites, and retail spaces. For federal income tax purposes, TPG RE Finance Trust, Inc. is structured as a Real Estate Investment Trust (REIT). This classification generally allows the company to avoid federal corporate income tax liabilities, provided it distributes at least 90% of its taxable income to its stockholders. Established in 2014, the company maintains its corporate headquarters in New York, New York.
Regular session
$5.875
−$0.095 · -1.59%
Regular session · ET · Market data may be delayed.
TPG RE Finance Trust, Inc. (TRTX) operates as a financial institution primarily engaged in the commercial real estate sector within the United States. Its core business involves generating, purchasing, and actively overseeing a variety of debt instruments connected to commercial properties. The company's investment strategy encompasses a wide range of commercial real estate-backed debt, including senior and subordinate mortgage loans, mezzanine financing, preferred equity stakes, and various secured real estate securities. TRTX also allocates capital to commercial mortgage-backed securities (CMBS) and collateralized loan obligations (CLOs) that are underpinned by real estate assets. These investments are predominantly tied to properties within key sectors such as office buildings, multifamily residences, life science facilities, mixed-use developments, hospitality venues, industrial sites, and retail spaces. For federal income tax purposes, TPG RE Finance Trust, Inc. is structured as a Real Estate Investment Trust (REIT). This classification generally allows the company to avoid federal corporate income tax liabilities, provided it distributes at least 90% of its taxable income to its stockholders. Established in 2014, the company maintains its corporate headquarters in New York, New York.
Day range
Current $5.875
52-week range
Current $5.875
Regular session · ET · Market data may be delayed.
GoAI Score
Buy
Valuation
82
Deep Value
Sentiment
48
Mixed
Risk
31
Moderate Risk
Momentum
49
Neutral
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
TPG RE Finance Trust, Inc. (TRTX) operates as a financial institution primarily engaged in the commercial real estate sector within the United States. Its core business involves generating, purchasing, and actively overseeing a variety of debt instruments connected to commercial properties. The company's investment strategy encompasses a wide range of commercial real estate-backed debt, including senior and subordinate mortgage loans, mezzanine financing, preferred equity stakes, and various secured real estate securities. TRTX also allocates capital to commercial mortgage-backed securities (CMBS) and collateralized loan obligations (CLOs) that are underpinned by real estate assets. These investments are predominantly tied to properties within key sectors such as office buildings, multifamily residences, life science facilities, mixed-use developments, hospitality venues, industrial sites, and retail spaces. For federal income tax purposes, TPG RE Finance Trust, Inc. is structured as a Real Estate Investment Trust (REIT). This classification generally allows the company to avoid federal corporate income tax liabilities, provided it distributes at least 90% of its taxable income to its stockholders. Established in 2014, the company maintains its corporate headquarters in New York, New York.
Day range
Current $5.875
52-week range
Current $5.875
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 332.58M USD | 350.93M USD | 390.17M USD | 305.71M USD | 240.72M USD |
| Cost of goods sold | 68.83M USD | 69.12M USD | 33.33M USD | 30.61M USD | 23.13M USD |
| Gross profit | 263.75M USD | 281.81M USD | 356.85M USD | 275.1M USD | 217.59M USD |
| Selling, general, and administrative | 42.58M USD | — | — | — | — |
| Operating expenses | 21.06M USD | 5.63M USD | 204.98M USD | 187.17M USD | 8.68M USD |
| Interest income | 290.24M USD | 307.15M USD | 362.55M USD | 302.86M USD | 240.16M USD |
| Interest expense | 188.96M USD | 201.45M USD | 275.26M USD | 160.76M USD | 85.09M USD |
| Depreciation and amortization | 12.72M USD | 15.73M USD | 3.5M USD | 15.01M USD | — |
| Operating income | 242.69M USD | 276.19M USD | 151.86M USD | 87.93M USD | 208.91M USD |
| Net income | 60.32M USD | 74.34M USD | −116.63M USD | −60.07M USD | 138.55M USD |
Company facts updated Oct 9, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Cash distributions grouped by calendar year; partial years are marked.
$0.96
2025 complete year+1.1% since 2021
2026 partial: $0.72
$0.95
2,021
$0.96
2,022
$0.96
2,023
$0.96
2,024
$0.96
2,025
$0.72
2,026*
* Partial calendar year in the available dividend history.
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Sep 28, 2026 | $0.24Quarterly | Sep 28, 2026 | Oct 23, 2026 |
Dividend | Jun 26, 2026 | $0.24Irregular | Jun 26, 2026 | Jul 24, 2026 |
Dividend | Mar 27, 2026 | $0.24Quarterly | Mar 27, 2026 | Apr 24, 2026 |
Dividend | Dec 26, 2025 | $0.24Quarterly | Dec 26, 2025 | Jan 23, 2026 |
Dividend | Sep 26, 2025 | $0.24Quarterly | Sep 26, 2025 | Oct 24, 2025 |
Dividend | Jun 27, 2025 | $0.24Quarterly | Jun 27, 2025 | Jul 25, 2025 |
Ex-dividend Sep 28, 2026
$0.24
Quarterly
Record Sep 28, 2026 · Payment Oct 23, 2026
Ex-dividend Jun 26, 2026
$0.24
Irregular
Record Jun 26, 2026 · Payment Jul 24, 2026
Ex-dividend Mar 27, 2026
$0.24
Quarterly
Record Mar 27, 2026 · Payment Apr 24, 2026
Ex-dividend Dec 26, 2025
$0.24
Quarterly
Record Dec 26, 2025 · Payment Jan 23, 2026
Ex-dividend Sep 26, 2025
$0.24
Quarterly
Record Sep 26, 2025 · Payment Oct 24, 2025
Ex-dividend Jun 27, 2025
$0.24
Quarterly
Record Jun 27, 2025 · Payment Jul 25, 2025
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Morningstar Total Stock Market ETFVTI18.7M0.00%2.3T USD0.03%$381.39+0.48%
iShares Russell 2000 ETFIWM11.46M0.01%77.7B USD0.19%$278.39+0.30%
Global X - SuperDividend ETFSDIV8.39M0.71%1.17B USD0.58%$23.925+0.44%
Vanguard Extended Market ETFVXF7.04M0.01%95.4B USD0.05%$234.27+0.49%
Guggenheim Investment Grade CLO ETFGCLO7.01M2.00%13.8M USD0.35%$50.160.00%
Global X - SuperDividend REIT ETFSRET5.8M2.81%203.63M USD0.58%$19.255-0.49%
VanEck Mortgage REIT Income ETFMORT5.74M1.84%315.4M USD0.43%$7.715-1.22%
Fidelity Enhanced Small Cap ETFFESM5.71M0.09%6.41B USD0.28%$45.36+0.24%Vanguard Morningstar Total Stock Market ETFVTIiShares Russell 2000 ETFIWMGlobal X - SuperDividend ETFSDIVVanguard Extended Market ETFVXFGuggenheim Investment Grade CLO ETFGCLOGlobal X - SuperDividend REIT ETFSRETVanEck Mortgage REIT Income ETFMORTFidelity Enhanced Small Cap ETFFESMAI-generated and delayed market data for informational and educational purposes only. Not investment advice.
