Tpg Re Finance has been on the radar of analysts lately. One of them, Tom Catherwood from BTIG, thinks it's a good bet. He gave it a "Buy" rating and set a price target of $11. 00. But last Friday, the stock was trading at $8. 82. So, there's some room to grow, according to him.

Now, Tom isn't always right. His average return is -3. 5%, and he's successful only 41. 07% of the time. He usually looks at real estate stocks, like Sky Harbour Group and Prologis. But he's not the only one who thinks Tpg Re Finance is a good pick. Most analysts agree it's a "Moderate Buy" with an average price target of $10. 13.

Let's talk numbers. In the quarter ending September 30, Tpg Re Finance made $86. 66 million in revenue and $21. 6 million in profit. That's a lot! But last year, they made even more profit, $22. 19 million, even though their revenue was lower, at $10. 86 million. So, they're making more money overall, but their profits aren't as high as last year.

It's interesting to see how the company is doing. They're making more money, but their profits aren't as high. Maybe they're investing more, or maybe their costs went up. It's something to think about.


    # **Tpg Re Finance: A Closer Look**

    ## **Analyst Insights**

    - **Tom Catherwood (BTIG)**:
        - **Rating**: Buy
        - **Price Target**: $11.00
        - **Current Stock Price**: $8.82 (as of last Friday)
        - **Performance**:
            - **Average Return**: -3.5%
            - **Success Rate**: 41.07%
            - **Focus**: Real estate stocks (e.g., Sky Harbour Group, Prologis)

    - **Consensus**:
        - **Rating**: Moderate Buy
        - **Average Price Target**: $10.13

    ## **Financial Performance**

    ### **Q3 2023 (Ending September 30)**
    - **Revenue**: $86.66 million
    - **Profit**: $21.6 million

    ### **Q3 2022 (Comparison)**
    - **Revenue**: $10.86 million
    - **Profit**: $22.19 million

    ## **Key Observations**
    - **Revenue Growth**: Significant increase in revenue.
    - **Profit Decline**: Lower profit despite higher revenue.
    - **Possible Reasons**:
        - Increased investment
        - Rising operational costs

    

Tpg Re Finance: A Stock Worth Watching?

Analyst Insights

Financial Performance

Q3 2023 (Ending September 30)

Q3 2022 (Comparison)

Key Observations

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