
TRTX · NYSE
TPG RE Finance Trust, Inc.
$6.45 +0.06 (+0.96%)
Company overview
TPG RE Finance Trust, Inc., a commercial real estate finance company, originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in the United States. It invests in commercial mortgage loans, subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments, as well as commercial real estate collateralized loan obligations and commercial mortgage-backed securities secured by properties primarily in the office, multifamily, life science, mixed-use, hospitality, industrial, and retail real estate sectors. The company qualifies as a real estate investment trust for federal income tax purposes and generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders.
- Sector
- Real Estate
- Industry
- REIT - Mortgage
- Exchange
- NYSE
- Market cap
- $495M
- Headquarters
- New York City, NY
- Website
- tpgrefinance.com
- CEO
- Doug Bouquard
- Listed
- July 20, 2017
- P/E
- 10.04
- Dividend yield
- 15.17%
Company financials
- Revenue
- $339M
- Gross profit
- $273M
- Operating income
- $254M
- EBITDA
- $273M
- Net income
- $65.5M
- EPS
- $0.64
- Total assets
- $4.5B
- Total debt
- $3.4B
- Gross margin
- 80.51%
- Net margin
- 19.35%
- Earnings yield
- 9.96%