NYSE · TRTXReal EstateREITs

TPG RE Finance Trust, Inc. Common Stock (TRTX)

$7.26+6.61%
Close Nov 4, 2026 · split-adjusted
Nov 4, 2026$7.26▼ 18.61% in range
Nov 4, 2025Low $5.64 · High $9.31Nov 4, 2026
What changed · written from our data
As of Nov 4, 2026

TPG RE Finance Trust closed at $7.26 on Nov 4, up 6.61%, 22.0% below its 52-week closing high. Volume of 1.9M shares was 1.06× its 20-day average (close to normal).

Split-adjusted performance: +20.0% over one month, -15.5% over six months, -17.0% over one year.

In the quarter ended Sep 30, 2026, revenue was $8.08M, up 1.5% from a year earlier, with a net margin of 72.0%.

Short interest was 6.9M shares at the Oct 15 settlement, up 6.3% from the prior report (9.7% of float, 4.7 days to cover).

Market cap$550.5M75.8M shares
Revenue · quarter$8.1M+1.5% YoY
Diluted EPS$0.08−65.2% YoY
P/E · TTM18.0×P/S 16.6×
Net margin72.0%Gross 100.0%
Dividend yield13.22%$0.24 last paid
52-week range5.64 – 9.31−22.0% from high
Volume1.9M1.06× 20-day avg
Volatility · 60d32.3%Annualised
Short % of float9.7%4.7 days to cover
Net cash-$4.10BCash $70.8M
Next earnings—Not scheduled
Split-adjusted performance
1W +11.9%1M +20.0%3M −8.0%6M −15.5%YTD −15.7%1Y −17.0%3Y +27.1%5Y −44.2%

Earnings reactions

History →

No reported quarters with price history yet.

Rank within REITs

Percentile among 179 companies (100 = best)

6-month momentum30
Revenue growth35
Net margin92
Value (low P/E)70
Size34

Industry medians: 6-month return −6.1%, revenue growth +4.1%, net margin 10.7%, P/E 25.2×.

Short interest

Details →
Shares short6.9M+6.3% vs prior
Days to cover4.7Settled Oct 15
% of float9.7%
Short vol. 10d60.4%of daily volume

Closest peers by size in REITs

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
TRTXTPG RE Finance Trust$7.26+6.61%−15.5%+1.5%72.0%18.0$550.5M
UHTUniversal Health Realty Income Trust$39.34+3.25%−2.5%+0.5%23.6%28.4$546.8MCompare
BDNBrandywine Realty Trust$3.20+5.96%+6.0%+6.9%−24.6%—$544.1MCompare
ADAMAdamas Trust$6.18+7.85%−30.0%——3.6$558.1MCompare
IVRInvesco Mortgage Capital$5.52+3.95%−31.2%——5.6$602.3MCompare
FBRTFranklin BSP Realty Trust$6.43+3.88%−29.7%−33.6%168.4%13.3$486.6MCompare
OLPOne Liberty Properties$21.94+0.05%−4.5%+10.0%56.0%14.5$480.5MCompare
FVRFrontView REIT$19.30+2.77%+10.3%+2.6%4.5%2,216.0$472.0MCompare
BRSPBrightSpire Capital$3.67+5.46%−38.3%−5.2%152.2%24.7$457.6MCompare

Quick answers

What does TPG RE Finance Trust do?
TPG RE Finance Trust Inc is a commercial real estate finance company. It originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments consisting of first mortgage loans and senior participation interests in first mortgage loans secured by institutional-quality properties in primary and select secondary markets in the United States.
What is TRTX's market cap?
$550.50M, based on the Nov 4 close of $7.26.
What is TRTX's P/E ratio?
18.0× trailing-twelve-month earnings of $30.53M.
Does TPG RE Finance Trust pay a dividend?
Yes. The latest regular dividend was $0.24 per share (ex-date Sep 28), an annualised yield of 13.22%.
How much of TRTX is sold short?
6.9M shares, 9.7% of float, as of Oct 15, 2026.
What sector is TRTX in?
Real Estate, in the REITs industry.

About TPG RE Finance Trust

TPG RE Finance Trust Inc is a commercial real estate finance company. It originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments consisting of first mortgage loans and senior participation interests in first mortgage loans secured by institutional-quality properties in primary and select secondary markets in the United States. The company's objective is to provide attractive risk-adjusted returns to its stockholders over time through cash distributions and capital appreciation. It focuses on directly originating and selectively acquiring floating-rate first mortgage loans that are secured by high-quality commercial real estate properties undergoing some form of transition and value creation.

HQ: San Francisco, CAListed Jul 20, 2017tpgrefinance.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology