Welcome to our dedicated page for Tpg Re Finance T news (Ticker: TRTX), a resource for investors and traders seeking the latest updates and insights on Tpg Re Finance T stock.
TPG RE Finance Trust, Inc. (NYSE: TRTX) is a commercial real estate finance company that publicly reports on its activities through regular press releases and SEC filings. News about TRTX focuses on its portfolio of primarily first mortgage loans secured by institutional properties in primary and select secondary markets in the United States, as well as on its capital markets transactions and corporate actions.
Investors following TRTX news can expect updates on quarterly operating results, including GAAP net income attributable to common stockholders, book value per common share, Distributable Earnings, and detailed loan portfolio metrics such as originations, repayments, loan-to-value ratios, and risk ratings. Earnings releases also describe loan activity across property types such as multifamily, hotel, industrial, and life science, along with information on liquidity, borrowings, and credit loss allowances.
TRTX’s news flow also highlights dividend declarations on its common stock and its 6.25% Series C Cumulative Redeemable Preferred Stock, with announcements specifying per-share amounts and record and payment dates. In addition, the company issues news regarding its share repurchase programs, including board authorization of new programs and the utilization of previously authorized capacity.
Another key area of coverage is TRTX’s Commercial Real Estate Collateralized Loan Obligation (CRE CLO) activity. Press releases describe the pricing and closing of CLOs such as TRTX 2025-FL7, including the size of the transaction, classes of notes issued, expected reinvestment periods, and the use of proceeds to finance commercial real estate collateral interests and refinance existing structures.
Corporate governance and leadership changes, such as the appointment of new directors and transitions in the chief financial officer role, are also reported through news releases and related 8-K filings. For investors and analysts, the TRTX news stream provides insight into the company’s loan origination pipeline, financing strategy, dividend practices, and board and management developments. Bookmarking this page allows readers to monitor ongoing disclosures and announcements that the company makes available to the market.
TPG RE Finance Trust (NYSE: TRTX) has announced a cash dividend of $0.3906 per share on its 6.25% Series C Cumulative Redeemable Preferred Stock for the third quarter of 2024. The dividend will be payable on September 30, 2024 to preferred stockholders of record as of September 20, 2024. This declaration by TRTX's Board of Directors demonstrates the company's commitment to providing regular returns to its preferred stockholders.
TPG RE Finance Trust, Inc. (NYSE: TRTX) reported its Q2 2024 operating results. The company generated Distributable Earnings of $0.28 per share, representing a dividend coverage ratio of 1.2x. TRTX maintained $389 million in liquidity and a conservative debt-to-equity ratio of 2:1. Key highlights include:
- GAAP net income of $21.0 million, or $0.26 per common share
- Book value per common share of $11.40
- Declared cash dividend of $0.24 per share
- Received loan repayments of $186.1 million
- Weighted average risk rating of the loan portfolio remained at 3.0
- Allowance for credit losses decreased to $69.6 million
- Non-mark-to-market borrowings represented 78.7% of total borrowings
TRTX also closed a new $96.0 million first mortgage loan and received a full loan repayment of $33.9 million post-quarter.
TPG RE Finance Trust, Inc. (NYSE: TRTX) has announced its schedule for releasing second quarter 2024 financial results and hosting a conference call. The company will release its Q2 2024 earnings report and file Form 10-Q after market close on Tuesday, July 30, 2024. A conference call and webcast to discuss the results is scheduled for Wednesday, July 31, 2024, at 9:00 a.m. ET. Investors can join the call using specific dial-in numbers or access the webcast via the company's investor relations website. A replay of the call will be available until August 14, 2024, with both phone and online access options provided.
TPG RE Finance Trust (NYSE: TRTX) announced a cash dividend of $0.24 per common share for Q2 2024.
The dividend is set for July 25, 2024, payable to shareholders of record as of June 27, 2024.
TPG RE Finance Trust (TRTX) has declared a cash dividend of $0.3906 per share for its 6.25% Series C Cumulative Redeemable Preferred Stock. This dividend pertains to the second quarter of 2024.
The dividend will be paid on June 28, 2024, to shareholders who own the preferred stock as of June 18, 2024. This announcement follows the approval from the company's Board of Directors.
TPG RE Finance Trust (TRTX) announced that CFO Bob Foley will host investor meetings and deliver a moderated corporate presentation at Nareit's REITweek: 2024 Investor Conference on June 5, 2024. The presentation will be accessible on TRTX's Investor Relations webpage. This event is significant for TRTX as it provides a platform to communicate its financial health, strategies, and future outlook to investors.
TPG RE Finance Trust, Inc. reported a successful first quarter with $371 million of available liquidity and a 100% performing loan portfolio. The company recognized GAAP net income of $13.1 million, declared a cash dividend of $0.24 per share, and originated three first mortgage loans totaling $116.3 million. They ended the quarter with $370.7 million of near-term liquidity and received a full loan repayment of $44.5 million. The Board approved a $25 million share repurchase plan. For more details, visit Company's website.
Summary not available.
Summary not available.
Summary not available.
FAQ
What is the current stock price of Tpg Re Finance T (TRTX)?
What is the market cap of Tpg Re Finance T (TRTX)?
