How to Buy Tpg Re Finance Trust Stock
Tpg Re Finance Trust Inc
Tpg Re Finance Trust is a mortgage REIT company located in California, United States, which is part of the Real Estate sector, and is traded under the ticker TRTX on the NYSE exchange.
Tpg Re Finance Trust stock last closed at $7.55, up 0% from the previous day, and has increased 12.02% in one year. It has overperformed other stocks in the REIT - Mortgage industry by 0.13 percentage points. Tpg Re Finance Trust stock is currently +62.54% from its 52-week low of $4.65, and -7.02% from its 52-week high of $8.12.
There are currently 77.87M shares of TRTX outstanding. The market value of TRTX is $587.91M. In the last 24 hours, 299,751 TRTX shares were traded.
How to Buy Tpg Re Finance Trust Stock
Not sure how to invest in Tpg Re Finance Trust stock? Here's how.
- Figure out where to buy Tpg Re Finance Trust stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Tpg Re Finance Trust stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Select your payment method and add your details.
- Analyze Tpg Re Finance Trust stock: The Tpg Re Finance Trust ticker symbol is TRTX. Is Tpg Re Finance Trust stock a good investment? Should you buy shares of TRTX? How do TRTX's underlying business fundamentals look? Do top analysts think Tpg Re Finance Trust is a good buy? Why has TRTX's stock price moved recently? (Hint: Our stock market research tools can help you figure out if TRTX is a good stock to buy).
- Make your TRTX purchase: Decide if you will purchase TRTX shares at the current market price or use a limit order to purchase TRTX shares at a specific price.
- Keep an eye on your TRTX position: Create a watchlist to keep track of your investment in Tpg Re Finance Trust shares.
Step 1: Figure out where to buy Tpg Re Finance Trust stock
You will need an online brokerage account to access the NYSE market and buy TRTX stock.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best brokerage. Here's why:
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal information so you can invest in TRTX stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start a new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've opened your account on one of the best stock market apps, you need to deposit funds:
Check out the video below to see the process of depositing money into your investment account.
Step 4: Analyze Tpg Re Finance Trust stock
After you have identified the best place to buy Tpg Re Finance Trust stock, it's crucial to evaluate their stock before you buy, so you can understand the risk as well as the upside.
Tpg Re Finance Trust stock at a glance
TRTX Fundamentals
WallStreetZen was designed to help average investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on TRTX's stock page.
Is TRTX stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge TRTX's true value.
Using relative valuations metrics:
- TRTX could be undervalued based on its P/B ratio of 0.52x, relative to REIT - Mortgage industry P/B ratio of 0.72x
You can do additional valuation research on TRTX's stock here.
A quick look at TRTX Financials
Negative Health Checks:
- TRTX earnings of -$116.37M is not enough to cover its interest payments.
- TRTX profit margin has gone down from -50.8% to -112.5% in the past year.
- TRTX has a relatively high debt to equity ratio of 2.75.
- Total TRTX debt is higher than 5 years ago, relative to shareholder equity.
- TRTX's operating cash flow of $80.13M allows it to safely service it's debt of $3.04B.
Is TRTX stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 5 Wall Street analysts who monitor TRTX, the consensus analyst rating on TRTX is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Tpg Re Finance Trust stock forecast page.
TRTX Momentum
TRTX Performance Numbers
Last year, TRTX revenue was $116.39M. Over the past five year, TRTX's revenue has gone up by -3.75% per year. This was slower than the REIT - Mortgage industry average of 2.65%.
Find out more about TRTX's earnings and revenue performance here.
Who is buying/selling TRTX?
In the last year, executives and large shareholders at TRTX have sold more shares than they have bought.
Michael Gillmore, Director of TRTX, was the latest TRTX insider to buy. They bought $6,974.50 worth of TRTX stock on Jan 25, 2024.
Dig into more about who owns TRTX shares here.
Does TRTX provide a stable income stream?
Tpg Re Finance Trust pays a dividend of 12.72%, compared to the REIT - Mortgage industry's average dividend yield of 13.54%. If you owned $1,000 of TRTX stock, you would have received $127.15 last year.
Tpg Re Finance Trust dividend payments have not consistently grown over the past 7 years and have not remained stable.
Dig into more info about Tpg Re Finance Trust dividend yield and history here.
What do other traders have to say about TRTX?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your TRTX purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, use a limit order.
Hit the Open Trade button and your broker will place your order.
If you need additional help buying stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your TRTX position
Now that you own some TRTX shares, you'll want to keep up with your new investment.
Create a watchlist to get notified of the latest news about your TRTX stock.
TRTX Feed
How to Buy Stock in Tpg Re Finance Trust
To summarize, here are the 6 steps to buy stock in Tpg Re Finance Trust:
- Figure out where to buy Tpg Re Finance Trust stock
- Open a brokerage account
- Deposit funds into your investment account
- Analyze Tpg Re Finance Trust stock
- Make your TRTX purchase
- Keep an eye on your TRTX position
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your investment in Tpg Re Finance Trust, click the button below.
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