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Tpg Re Finance (TRTX)
NYSE:TRTX
Earnings Data
Report Date
Aug 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.24Last Year’s EPS
0.28Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: 0.93%
|Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Positive
The call reflects a strong strategic position for TRTX with successful financing activities, share repurchases, and a robust investment pipeline, despite facing market uncertainties, tariff impacts, and economic concerns.Company Guidance
In the first quarter of 2025, TPG Real Estate Finance Trust demonstrated robust financial performance and strategic progress, as detailed in their earnings call. The company maintained a 100% performing loan portfolio, closed $131 million in multifamily loans, and executed term sheets for an additional $310 million in transactions. They also achieved a significant capital market transaction by issuing their sixth series CLO, FL6, which added $191 million to their balance sheet, increasing their non-mark-to-market financing exposure to 91% of total borrowings. Furthermore, TRTX repurchased $9 million worth of common shares, enhancing shareholder value. Their liquidity increased by $137 million quarter-over-quarter, positioning them to capitalize on real estate credit market opportunities. Moreover, TRTX shares were reported to be trading at a 13% dividend yield and a 33% discount-to-book value, reflecting a compelling market value proposition.Strong Liquidity and Financing Strategy
TRTX maintains substantial liquidity with $457 million of dry powder and a 91% non-mark-to-market liability structure. The company increased liquidity by $137 million quarter-over-quarter and has a 100% performing loan portfolio.
Successful CLO Issuance
TRTX priced and closed its sixth series CLO, FL6, generating $191 million of cash to the balance sheet, providing long-term financing with a 30-month reinvestment window.
Share Repurchase and Value Proposition
TRTX repurchased $9 million worth of common shares, boosting book value per share by $0.05, and shares trade at a 13% dividend yield and a 33% discount-to-book value.
Growing Investment Pipeline
TRTX has closed or executed term sheets on approximately $441 million of new investments and expects to close transactions worth $310 million.
Positive Share Price Performance
TRTX's share price performance leads its peers with a cumulative return of 47% since January 2023.
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TRTX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TRTX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 29, 2025 | $7.53 | $7.64 | +1.46% |
| Feb 18, 2025 | $8.46 | $8.02 | -5.20% |
| Oct 29, 2024 | $7.92 | $7.86 | -0.76% |
| Jul 30, 2024 | $8.13 | $8.02 | -1.35% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Tpg Re Finance (TRTX) report earnings?
Tpg Re Finance (TRTX) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is Tpg Re Finance (TRTX) earnings time?
Tpg Re Finance (TRTX) earnings time is at Aug 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TRTX EPS forecast?
TRTX EPS forecast for the fiscal quarter 2025 (Q2) is 0.24.
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