TPG RE Finance Trust Inc (NYSE: TRTX) is -18.82% lower on its value in year-to-date trading and has touched a low of $6.47 and a high of $9.61 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TRTX stock was last observed hovering at around $7.18 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $6.90, the stock is -14.07% and -16.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.47 million and changing -3.90% at the moment leaves the stock -19.69% off its SMA200. TRTX registered -10.80% loss for a year compared to 6-month gain of -16.46%. The firm has a 50-day simple moving average (SMA 50) of $8.3112 and a 200-day simple moving average (SMA200) of $8.60605.
The stock witnessed a -18.92% loss in the last 1 month and extending the period to 3 months gives it a -18.82%, and is -12.33% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.57% over the week and 3.43% over the month.
Current P/E ratio is 9.29 and Fwd P/E is 6.39. Profit margin for the company is 17.00%. Distance from 52-week low is 6.65% and -28.23% from its 52-week high. The company has generated returns on investments over the last 12 months (1.90%).
with sales reaching $25.55M over the same period.The EPS is expected to grow by 5.73% this year, but quarterly earnings will post -3.16% year-over-year. Quarterly sales are estimated to shrink -4.67% in year-over-year returns.
216.0 institutions hold shares in TPG RE Finance Trust Inc (TRTX), with institutional investors hold 106.51% of the company’s shares. The shares outstanding are 81.00M, and float is at 66.14M with Short Float at 4.26%. Institutions hold 99.79% of the Float.
The top institutional shareholder in the company is TPG GP A, LLC with over 7.09 million shares valued at $61.23 million. The investor’s holdings represent 9.1009 of the TRTX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.26 million shares valued at $45.48 million to account for 6.7597 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 4.67 million shares representing 5.9968 and valued at over $40.35 million, while NAN SHAN LIFE INSURANCE CO., LTD. holds 3.6645 of the shares totaling 2.85 million with a market value of $24.65 million.
TPG RE Finance Trust Inc (TRTX) Insider Activity
The most recent transaction is an insider sale by STARWOOD CAPITAL GROUP GLOBAL, the company’s 10% Owner. SEC filings show that STARWOOD CAPITAL GROUP GLOBAL sold 9,352,941 shares of the company’s common stock on May 08 ’24 at a price of $8.84 per share for a total of $82.68 million. Following the sale, the insider now owns 2.65 million shares.
TPG RE Finance Trust Inc disclosed in a document filed with the SEC on May 08 ’24 that PE Holder, L.L.C. (10% Owner) sold a total of 9,352,941 shares of the company’s common stock. The trade occurred on May 08 ’24 and was made at $8.84 per share for $82.68 million. Following the transaction, the insider now directly holds 2.65 million shares of the TRTX stock.
