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Granite Point Mortgage Trust Inc. (GPMT)

Stock Price: $6.74 USD -0.14 (-2.03%)
Updated Jul 16, 2020 12:17 PM EDT - Market open

Stock Price Chart

Key Info

Market Cap 371.62M
Revenue (ttm) 59.81M
Net Income (ttm) 16.05M
Shares Out 55.14M
EPS (ttm) 0.21
PE Ratio 32.10
Forward PE 5.17
Dividend $1.68
Dividend Yield 24.93%

Stock Quote

Trading Day Jul 16, 2020
Last Price $6.74
Previous Close $6.88
Change ($) -0.14
Change (%) -2.03%
Day's Open 6.67
Day's Range 6.51 - 6.88
Day's Volume 210,228
52-Week Range 1.74 - 19.31

More Stats

Market Cap 371.62M
Enterprise Value 3.75B
Earnings Date (est) Aug 10, 2020
Ex-Dividend Date n/a
Shares Outstanding 55.14M
Float 53.89M
EPS (basic) 0.3
EPS (diluted) 0.21
FCF / Share 0.14
Dividend $1.68
Dividend Yield 24.93%
Earnings Yield 3.12%
FCF Yield 2.13%
Payout Ratio 420.00%
Shares Short 6.35M
Short Ratio 3.27
Short % of Float 16.38%
Beta 1.48
PE Ratio 32.10
Forward PE 5.17
P/FCF Ratio 47.06
PS Ratio 6.21
PB Ratio 0.37
Revenue 59.81M
Operating Income 16.05M
Net Income 16.05M
Free Cash Flow 7.90M
Net Cash -3.37B
Net Cash / Share -61.19
Gross Margin 178.60%
Operating Margin 26.83%
Profit Margin 26.70%
FCF Margin 13.20%
ROA 0.40%
ROE 1.65%
ROIC 0.20%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (6)

Buy 1
Overweight 1
Hold 4
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$7.42*
(10.09% upside)
Low
4.50
Current: 6.74
High
10.00
Target: 7.42
*Average 12-month price target from 6 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year20192018201720162015
Revenue11093.8075.3750.008.86
Revenue Growth17.78%24.45%50.74%464.55%-
Gross Profit11093.8075.3750.008.86
Operating Income70.2163.0753.3035.350.21
Net Income70.2163.0853.3135.360.14
Shares Outstanding53.0943.4543.2343.23-
Earnings Per Share1.321.420.60--
EPS Growth-7.04%136.67%---
Dividend Per Share1.681.620.70--
Dividend Growth3.7%131.43%---
Operating Cash Flow64.1857.4230.5035.513.23
Free Cash Flow64.1857.4230.5035.513.23
Cash & Equivalents16012311156.2856.34
Total Debt3,3932,4981,6431,045227
Net Cash / Debt-3,233-2,375-1,532-989-170
Assets4,4613,3622,4991,496723
Liabilities3,4412,5331,6701,068236
Book Value1,019828829428487
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Granite Point Mortgage Trust Inc.
Country United States
CEO John A. Taylor

Stock Information

Ticker Symbol GPMT
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Mortgage
Unique Identifier NYSE: GPMT
IPO Date June 23, 2017

Description

Granite Point Mortgage Trust Inc. 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. As of December 31, 2018, its investment portfolio includes 94 commercial real estate debt investments. The company intends to qualify as a real estate investment trust for federal income tax purposes. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York.