Granite Point Mortgage Trust Inc. (GPMT)

Market Cap	140.06M
Revenue (ttm)	-165.53M
Net Income (ttm)	-221.45M
Shares Out	48.80M
EPS (ttm)	-4.39
PE Ratio	n/a
Forward PE	n/a
Dividend	$0.20 (6.97%)
Ex-Dividend Date	Dec 31, 2024

Volume	386,121
Open	3.000
Previous Close	2.960
Day's Range	2.865 - 3.030
52-Week Range	2.460 - 5.020
Beta	1.89
Analysts	Buy
Price Target	3.63 (+26.48%)
Earnings Date	Feb 13, 2025

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
• Website: https://www.gpmtreit.com

Analyst Forecast

According to 4 analysts, the average rating for GPMT stock is "Buy." The 12-month stock price forecast is $3.63, which is an increase of 26.48% from the latest price.

Price Target

$3.63

(26.48% upside)

Analyst Consensus: Buy