Granite Point Mortgage Trust Inc. (GPMT)

Market Cap	173.26M
Revenue (ttm)	-58.44M
Net Income (ttm)	-117.92M
Shares Out	51.03M
EPS (ttm)	-2.31
PE Ratio	n/a
Forward PE	47.62
Dividend	$0.75 (21.99%)
Ex-Dividend Date	Mar 28, 2024

Volume	236,034
Open	3.350
Previous Close	3.330
Day's Range	3.345 - 3.420
52-Week Range	3.285 - 6.405
Beta	1.82
Analysts	Buy
Price Target	5.75 (+68.62%)
Earnings Date	May 7, 2024

About GPMT

Granite Point Mortgage Trust Inc., a real estate investment trust, originates, invests in, and manages senior floating-rate commercial mortgage loans, and other debt and debt-like commercial real estate investments in the United States. The company provides intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, including lease-up, renovation, repositioning, and repurposing of the commercial property. The company qualifies as a rea...

• Industry: REIT - Mortgage
• Sector: Real Estate
• IPO Date: Jun 23, 2017
• Employees: 36
• Stock Exchange: NYSE
• Ticker Symbol: GPMT

Analyst Forecast

According to 4 analysts, the average rating for GPMT stock is "Buy." The 12-month stock price forecast is $5.75, which is an increase of 68.62% from the latest price.

Price Target

$5.75

(68.62% upside)

Analyst Consensus: Buy