Terra Property Trust, Inc.TPTS

NYSEReal EstateReal Estate Investment Trusts
Price (close)
$14.50
Market cap
$352.9M
P/E
—
Revenue (TTM)
$22.2M
Net income
-$36.4M
Dividend yield
1.01%
1-year total return
—
Net margin
-164.0%
Revenue growth
-50.3%
Debt / equity
0.88x

What Terra Property Trust, Inc. does.

We are a real estate investment trust that originates, invests in and manages a diverse portfolio of real estate and real estate-related assets. We focus primarily on commercial real estate credit investments, including first mortgage loans, subordinated loans (including B-notes, mezzanine and preferred equity) and credit facilities throughout the United States, which we collectively refer to as our targeted assets. Our loans finance the acquisition, development or recapitalization of high-quality commercial real estate in the United States. We focus on middle market loans in the approximately $10 million to $50 million range, which we believe are subject to less competition, offer higher risk-adjusted returns than larger loans with similar risk metrics and facilitate portfolio diversification. Our investment objective is to provide attractive risk-adjusted returns to our stockholders, primarily by earning high current income that allows for regular distributions, and, in certain instances, benefiting from potential capital appreciation. There can be no assurances that we will be successful in meeting our investment objective. We also make strategic real estate equity and non-real estate-related investments that align with our investment objectives and criteria.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$50.3M$46.7M$56.6M$67.9M$49.7M$35.4M
Net income$5.3M-$12.4M-$7.0M-$56.9M-$37.2M-$27.8M
Free cash flow——$403,768$8.5M-$3.3M—

More on TPTS.

Figures from Terra Property Trust, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.