Within its last year performance, TRTX rose by 17.96%, with highs and lows ranging from $8.12 to $4.64, whereas the simple moving average jumped by 18.03% in the last 200 days.
On April 12, 2024, Raymond James Downgraded TPG RE Finance Trust Inc (NYSE: TRTX) to Outperform. A report published by BofA Securities on March 04, 2024, Downgraded its rating to ‘Underperform’ for TRTX. BofA Securities Initiated an Neutral rating on November 21, 2022, and assigned a price target of $8. BTIG Research November 02, 2022d its ‘Buy’ rating to ‘Neutral’ for TRTX, as published in its report on November 02, 2022. BTIG Research’s report from February 03, 2021 suggests a price prediction of $12.50 for TRTX shares, giving the stock a ‘Buy’ rating. Raymond James also rated the stock as ‘Strong Buy’.
Analysis of TPG RE Finance Trust Inc (TRTX)
The current dividend for TRTX investors is set at $0.96 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter decrease in sales is -6.82%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of TPG RE Finance Trust Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -9.67% is sufficient for you to turn a profit off your investment.
As an indicator of volatility for any stock, average volume can also be very valuable, and TRTX is recording an average volume of 710.94K. On a monthly basis, the volatility of the stock is set at 3.12%, whereas on a weekly basis, it is put at 2.80%, with a gain of 7.84% over the past seven days. Furthermore, long-term investors anticipate a median target price of $7.70, showing decline from the present price of $7.84, which can serve as yet another indication of whether TRTX is worth investing in or should be passed over.
How Do You Analyze TPG RE Finance Trust Inc Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 21.45%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 56.30% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
TRTX shares are owned by institutional investors to the tune of 56.30% at present.
