Granite Point Mortgage Trust Inc. (GPMT)
Market Cap | 148.51M |
Revenue (ttm) | -58.44M |
Net Income (ttm) | -117.92M |
Shares Out | 51.03M |
EPS (ttm) | -2.31 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | $0.60 (20.62%) |
Ex-Dividend Date | Jul 1, 2024 |
Volume | 477,758 |
Open | 2.880 |
Previous Close | 2.880 |
Day's Range | 2.850 - 2.960 |
52-Week Range | 2.770 - 6.405 |
Beta | 1.80 |
Analysts | Buy |
Price Target | 5.75 (+97.6%) |
Earnings Date | Aug 6, 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... [Read more]
Financial Performance
Financial StatementsAnalyst 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 97.60% from the latest price.
News
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Granite Point Mortgage Trust Inc. Announces Second Quarter 2024 Common and Preferred Stock Dividends and Business Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Second Quarter 2024 Common and Preferred Stock Dividends and Business Update.
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Top 3 Financial Stocks That Are Set To Fly This Quarter - Granite Point Mortgage (NYSE:GPMT)
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.
![](https://cdn.snapi.dev/images/v1/r/x/press12-2416442.jpg)
Granite Point Mortgage Trust Inc. Reports First Quarter 2024 Financial Results and Post Quarter-End Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports First Quarter 2024 Financial Results and Post Quarter-End Update.
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Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2024 Earnings Release and Conference Call.
![](https://cdn.snapi.dev/images/v1/x/u/press7-2325456.jpg)
Granite Point Mortgage Trust Inc. Announces First Quarter 2024 Common and Preferred Stock Dividends
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces First Quarter 2024 Common and Preferred Stock Dividends.
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Granite Point Mortgage Trust Inc. Announces 2024 Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces 2024 Annual Meeting of Stockholders.
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Granite Point Mortgage Trust Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Post Quarter-End Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Post Quarter-End Update.
![](https://cdn.snapi.dev/images/v1/a/m/conf7-2258553.jpg)
Granite Point Mortgage Trust Inc. Announces Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call.
![](https://cdn.snapi.dev/images/v1/p/x/press8-2254185.jpg)
Granite Point Mortgage Trust Inc. Announces 2023 Dividend Tax Information
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces 2023 Dividend Tax Information.
KBW's Jade Rahmani: We're cautious on the commercial mortgage REITs
Jade Rahmani, KBW managing director, joins 'Fast Money' to talk the commercial real estate market.
![](https://cdn.snapi.dev/images/v1/s/c/press14-2202691.jpg)
Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2023 Common and Preferred Stock Dividends and Business Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2023 Common and Preferred Stock Dividends and Business Update.
![](https://cdn.snapi.dev/images/v1/v/6/image39-2146852.jpeg)
These 3 Financial Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Granite Point Mortgage (NYSE:GPMT), Annaly Capital Management (NYSE:NLY)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
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Granite Point Mortgage Trust Inc. Reports Third Quarter 2023 Financial Results and Post Quarter-End Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Third Quarter 2023 Financial Results and Post Quarter-End Update.
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Granite Point Mortgage Trust Inc. Announces Dates for Third Quarter 2023 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for Third Quarter 2023 Earnings Release and Conference Call.
![](https://cdn.snapi.dev/images/v1/k/4/press18-2071859.jpg)
Granite Point Mortgage Trust Inc. Announces Third Quarter 2023 Common and Preferred Stock Dividends
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Third Quarter 2023 Common and Preferred Stock Dividends.
![](https://cdn.snapi.dev/images/v1/n/t/press14-2013325.jpg)
Granite Point Mortgage Trust Inc. Reports Second Quarter 2023 Financial Results and Post Quarter-End Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Second Quarter 2023 Financial Results and Post Quarter-End Update.
![](https://cdn.snapi.dev/images/v1/j/e/conf11-1990342.jpg)
Granite Point Mortgage Trust Inc. Announces Dates for Second Quarter 2023 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for Second Quarter 2023 Earnings Release and Conference Call.
![](https://cdn.snapi.dev/images/v1/a/n/press19-1945009.jpg)
Granite Point Mortgage Trust Inc. Announces Second Quarter 2023 Common and Preferred Stock Dividends
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Second Quarter 2023 Common and Preferred Stock Dividends.
![](https://cdn.snapi.dev/images/v1/y/d/press12-1880932.jpg)
Granite Point Mortgage Trust Inc. Reports First Quarter 2023 Financial Results and Post Quarter-End Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports First Quarter 2023 Financial Results and Post Quarter-End Update.
![](https://cdn.snapi.dev/images/v1/f/s/conf17-1856207.jpg)
Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2023 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2023 Earnings Release and Conference Call.
![](https://cdn.snapi.dev/images/v1/r/e/reits-slide-to-even-lower-new-lows-these-4-get-there-1851273.jpg)
REITs Slide To Even Lower New Lows: These 4 Get There
Real estate investment trusts have been among the worst 12-month performers as the Fed took interest rates higher and as the banking industry adjusted to difficulties.
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Granite Point Mortgage Trust Inc. Announces $269 million Refinancing of Legacy CRE CLO
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc.
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Granite Point Mortgage Trust Inc. Announces First Quarter 2023 Common and Preferred Stock Dividends
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. (NYSE: GPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that the Company's Board of Directors declared a quarterly cash div...
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Fair Isaac & Co. Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
NEW YORK , March 3, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the open of tr...
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Granite Point Mortgage Trust Inc. Announces 2023 Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. (NYSE: GPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that it will hold its 2023 Annual Meeting of Stockholders virtually...