Granite Point Mortgage Trust Inc. (GPMT)

NYSE: GPMT · Real-Time Price · USD
2.660
+0.020 (0.76%)
At close: Jul 25, 2025, 4:00 PM
2.670
+0.010 (0.38%)
After-hours: Jul 25, 2025, 7:20 PM EDT
0.76%
Market Cap128.76M
Revenue (ttm)-98.23M
Net Income (ttm)-154.14M
Shares Out 48.41M
EPS (ttm)-3.09
PE Ration/a
Forward PEn/a
Dividend$0.20 (7.52%)
Ex-Dividend DateJul 1, 2025
Volume240,331
Open2.650
Previous Close2.640
Day's Range2.610 - 2.670
52-Week Range1.610 - 3.660
Beta1.76
AnalystsBuy
Price Target3.00 (+12.78%)
Earnings DateAug 5, 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... [Read more]

IPO Date Jun 23, 2017
Employees 33
Stock Exchange NYSE
Ticker Symbol GPMT
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for GPMT stock is "Buy." The 12-month stock price target is $3.0, which is an increase of 12.78% from the latest price.

Price Target
$3.0
(12.78% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Granite Point Mortgage Trust Inc. Announces Dates for Second Quarter 2025 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for Second Quarter 2025 Earnings Release and Conference Call.

3 days ago - Business Wire

High Yields, Weird Prices

Similar preferred shares trade at materially different prices. One of these preferred shares is surprisingly expensive. One of the best BDCs is nearing an incredibly rare threshold.

10 days ago - Seeking Alpha

Where Fat Yields Meet Lower Risk

Many investors go for big yield with bigger risk. Barf. This report was recently sent to our members. We picked up shares with a 9.5% yield.

25 days ago - Seeking Alpha

Granite Point Mortgage: Not A Compelling Investment At The Moment

Granite Point Mortgage Trust's common shares have dipped significantly over the past 1-year, reflecting ongoing challenges with its CRE loan portfolio. The mREIT reported a first-quarter book value of...

5 weeks ago - Seeking Alpha

Granite Point Mortgage Trust Inc. Announces Second Quarter 2025 Common and Preferred Stock Dividends and Business Update

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Second Quarter 2025 Common and Preferred Stock Dividends and Business Update.

5 weeks ago - Business Wire

A Brief Lesson On Huge Yielders

Charts? Dog photos? Me? An Opportunity to learn? So many reasons to like this article. Beware of extremely high return on equity figures. It looks great today, but you need to evaluate the source of t...

6 weeks ago - Seeking Alpha

Big Dividend Yielders At A Glance

We all learn over time. Some of us more than others. The agency mortgage REIT price-to-book ratios are getting really high, except for the weaker ones. That doesn't make the weak ones a great bargain....

6 weeks ago - Seeking Alpha

Tariffs On, Tariffs Off

US equity markets rallied this week, capping off the best monthly gains since November 2023, as investors weighed encouraging inflation data against a whipsaw of court rulings on tariffs. Extending th...

7 weeks ago - Seeking Alpha

Fat Dividends Served Reality Check

Big dividends sound great, but how about big losses? Since Q2 2025 began, book values got smacked. Not talking about share prices. You can tell if the share price declined (hopefully). That would be a...

2 months ago - Seeking Alpha

Granite Point Mortgage Trust, Inc. (GPMT) Q1 2025 Earnings Call Transcript

Granite Point Mortgage Trust, Inc. (NYSE:GPMT) Q1 2025 Earnings Conference Call May 7, 2025 11:00 AM ET Company Participants Chris Petta - Head, IR Jack Taylor - President & CEO Steve Alpart - CIO & ...

2 months ago - Seeking Alpha

Granite Point Mortgage Trust Inc. Reports First Quarter 2025 Financial Results and Post Quarter-End Update

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports First Quarter 2025 Financial Results and Post Quarter-End Update.

2 months ago - Business Wire

Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2025 Earnings Release and Conference Call and Provides Business Update

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2025 Earnings Release and Conference Call and Provides Business Update.

3 months ago - Business Wire

Focusing On Lower Risk Shares (And Updated Charts For High-Yield Stocks)

Market volatility has increased, making it challenging to predict future Treasury rates and impacting the frequency of my article publications. Price-to-book ratios reveal bargains. Preferred shares o...

3 months ago - Seeking Alpha

15% Yields Want To Mug Your Dividends

Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture...

4 months ago - Seeking Alpha

Granite Point Mortgage: Definitely Not Out Of The Woods Yet

Granite Point Mortgage Trust's preferred shares face challenges with dividend coverage and asset coverage ratios amid increased operating expenses and credit provisions. Despite a significant pre-tax ...

4 months ago - Seeking Alpha

Granite Point Mortgage Trust Inc. Announces First Quarter 2025 Common and Preferred Stock Dividends and Business Update

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces First Quarter 2025 Common and Preferred Stock Dividends and Business Update.

4 months ago - Business Wire

9% Yields From Baby Bonds

Yield to maturity is crucial in baby bond analysis. Yield to call can also be relevant when call risk is more relevant. We're starting with a hypothetical for demonstrating a key point, then we'll loo...

5 months ago - Seeking Alpha

Granite Point Mortgage Trust Inc. Announces 2025 Annual Meeting of Stockholders

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces 2025 Annual Meeting of Stockholders.

5 months ago - Business Wire

8% Or Higher Yields Face Off

Six investments enter, six leave. This isn't a death match. All six have huge yields, but the valuations create some material differences. We've added three more baby bonds to our sector charts.

5 months ago - Seeking Alpha

Granite Point Mortgage Trust Inc. (GPMT) Q4 2024 Earnings Call Transcript

Granite Point Mortgage Trust Inc. (NYSE:GPMT) Q4 2024 Earnings Conference Call February 14, 2025 11:00 AM ET Company Participants Chris Petta - Investor Relations Jack Taylor - President and Chief Ex...

5 months ago - Seeking Alpha

Granite Point Mortgage Trust Inc. Reports Q4 and Full Year 2024 Financial Results and Post Quarter-End Update

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Q4 and Full Year 2024 Financial Results and Post Quarter-End Update.

5 months ago - Business Wire

Granite Point Mortgage Trust Inc. Announces 2024 Dividend Tax Information

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces 2024 Dividend Tax Information.

6 months ago - Business Wire

Granite Point Mortgage Trust Inc. Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call.

6 months ago - Business Wire

Past Time To Take Gains On These Big Yielders

These shares don't give investors a big enough yield or enough upside. The performance throughout the sector has been great, but occasionally, it's better to just pocket the gains.

6 months ago - Seeking Alpha

Granite Point Mortgage Trust Inc. Mourns the Passing of Director W. Reid Sanders

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Mourns the Passing of Director W. Reid Sanders.

6 months ago - Business Wire