Granite Point Mortgage Trust Inc. (GPMT)

Market Cap	84.51M
Revenue (ttm)	-165.53M
Net Income (ttm)	-221.45M
Shares Out	48.85M
EPS (ttm)	-4.39
PE Ratio	n/a
Forward PE	n/a
Dividend	$0.20 (11.36%)
Ex-Dividend Date	Apr 1, 2025

Volume	817,783
Open	1.740
Previous Close	1.740
Day's Range	1.710 - 1.770
52-Week Range	1.755 - 4.540
Beta	1.50
Analysts	Buy
Price Target	2.50 (+42.05%)
Earnings Date	May 6, 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: 33
• Stock Exchange: NYSE
• Ticker Symbol: GPMT
• Website: https://www.gpmtreit.com

Analyst Forecast

According to 3 analysts, the average rating for GPMT stock is "Buy." The 12-month stock price forecast is $2.5, which is an increase of 42.05% from the latest price.

Price Target

$2.5

(42.05% upside)

Analyst Consensus: Buy