STOCK TITAN

TPG RE Finance Trust Inc - TRTX STOCK NEWS

Welcome to our dedicated news page for TPG RE Finance Trust (Ticker: TRTX), a resource for investors and traders seeking the latest updates and insights on TPG RE Finance Trust.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TPG RE Finance Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TPG RE Finance Trust's position in the market.

Rhea-AI Summary
TPG RE Finance Trust, Inc. (TRTX) announced the release of its first quarter 2024 financial results and conference call details. The financial results will be disclosed on April 30, 2024, with a conference call scheduled for May 1, 2024, at 9:00 a.m. ET. Investors can access the call through dial-in or webcast. A replay will be available until May 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
TPG RE Finance Trust, Inc. (TRTX) declares a cash dividend of $0.24 per share for Q1 2024, payable on April 25, 2024. The announcement was made on March 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
dividends
-
Rhea-AI Summary
TPG RE Finance Trust, Inc. (TRTX) declares a cash dividend of $0.3906 per share for the first quarter of 2024 for its Series C Preferred Stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.8%
Tags
dividends
Rhea-AI Summary
TPG RE Finance Trust, Inc. (TRTX) reported its Q4 and full-year 2023 operating results, showing a GAAP net income of $2.6 million in Q4 and a net loss of ($130.9) million for the full year. The company declared dividends, originated loans, received repayments, and sold properties during the year. The quarter ended with $480.0 million in liquidity. TRTX also disclosed subsequent events involving new loans and credit agreement extensions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.79%
Tags
-
Rhea-AI Summary
TPG RE Finance Trust, Inc. (TRTX) announced the release of financial results for Q4 and year-end 2023, along with the filing of its Form 10-K and earnings supplemental. A conference call and webcast to review the results will be held on February 21, 2024. Call and webcast details, as well as replay information, were provided in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
Tags
-
Rhea-AI Summary
TPG RE Finance Trust, Inc. (TRTX) announced the income tax treatment of its 2023 common stock and 6.25% Series C Cumulative Redeemable Preferred Stock dividends. The common stock had a total distribution per share of $0.9600, with $0.1119 in ordinary income and $0.6081 in non-dividend distribution. The Series C Preferred Stock had a total distribution per share of $1.5624, with $0.3906 in ordinary income and $1.1718 in non-dividend distribution. Ordinary Income dividends are eligible for a 20% deduction, and cash distributions made on January 25, 2024, will be treated as a 2024 distribution for federal income tax purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
Rhea-AI Summary
TPG RE Finance Trust, Inc. (TRTX) declares $0.24 per share cash dividend for Q4 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
Tags
dividends
-
Rhea-AI Summary
TPG RE Finance Trust, Inc. (TRTX) Declares Dividend on Series C Preferred Stock
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
-
Rhea-AI Summary
TPG RE Finance Trust, Inc. (NYSE: TRTX) to Present at JMP Securities Financial Services and Real Estate Conference on November 16, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.37%
Tags
conferences
Rhea-AI Summary
TPG RE Finance Trust, Inc. (TRTX) reported a GAAP net loss of $64.6 million for Q3 2023, resulting in a loss per share of $0.83. The company declared a cash dividend of $0.24 per share of common stock. TRTX originated a first mortgage loan worth $43.6 million and funded $21.4 million of future funding obligations. They received loan repayments of $297.0 million, sold two loans resulting in losses, and acquired a multifamily property through foreclosure. TRTX ended the quarter with $570.6 million of total liquidity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.95%
Tags
TPG RE Finance Trust Inc

NYSE:TRTX

TRTX Rankings

TRTX Stock Data

567.17M
61.96M
12.43%
84.12%
3.78%
Trusts, Estates, and Agency Accounts
Finance and Insurance
Link
United States
New York

About TRTX

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 north america. it invests in commercial mortgage loans; subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments; and commercial real estate collateralized loan obligations and commercial mortgage-backed securities secured by properties primarily in the office, mixed use, multifamily, industrial, retail, and hospitality real estate sectors. the company qualifies as a real estate investment trust for federal income tax purposes. it generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. tpg re finance trust, inc. was founded in 2014 and is based in new york, new york.