Tpg Re Finance Trust Inc (TRTX) Gets a Buy Rating from JMP Securities


In a report released yesterday, Steven Delaney from JMP Securities reiterated a Buy rating on Tpg Re Finance Trust Inc (TRTX), with a price target of $21. The company’s shares closed yesterday at $19.99.

According to TipRanks.com, Delaney is a 5-star analyst with an average return of 15.4% and a 84.2% success rate. Delaney covers the Financial sector, focusing on stocks such as Hunt Companies Finance Trust Inc, Starwood Property Trust, and Blackstone Mortgage.

The the analyst consensus on Tpg Re Finance Trust Inc is currently a Hold rating.

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Based on Tpg Re Finance Trust Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $28.57 million. In comparison, last year the company had a net profit of $24.76 million.

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TPG RE Finance Trust, Inc. is a commercial real estate finance company. The company acquires a portfolio of commercial real estate related assets. It also originates, acquires, and manages commercial mortgage loans and other commercial real estate-related. The company was founded on October 24, 2014 and is headquartered in New York, NY.

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