Granite Point Mortgage Trust Inc. (GPMT)

NYSE: GPMT · Real-Time Price · USD
1.540
+0.030 (1.99%)
Apr 29, 2026, 4:00 PM EDT - Market closed
Market Cap73.80M -17.5%
Revenue (ttm)6.31M
Net Income-55.55M
EPS-1.16
Shares Out 47.92M
PE Ration/a
Forward PEn/a
Dividend$0.20 (12.99%)
Ex-Dividend DateApr 1, 2026
Volume39,340
Open1.500
Previous Close1.510
Day's Range1.500 - 1.540
52-Week Range1.240 - 3.115
Beta1.76
AnalystsBuy
Price Target3.00 (+94.81%)
Earnings DateMay 5, 2026

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 offers intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, such as lease-up, renovation, repositioning, and repurposing of the commercial property. It also originates and invests in m... [Read more]

IPO Date Jun 23, 2017
Employees 28
Stock Exchange NYSE
Ticker Symbol GPMT
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 2 analysts, the average rating for GPMT stock is "Buy." The 12-month stock price target is $3.0, which is an increase of 94.81% from the latest price.

Price Target
$3.0
(94.81% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Granite Point Mortgage Trust Inc. Announces Above Par Sale of a Hotel Loan and Resolution of a Risk-Rated “5” Loan and Dates for First Quarter 2026 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Above Par Sale of a Hotel Loan, Resolution of a Risk-Rated "5" Loan, Q1'26 Earnings Release and Call Dates.

22 days ago - Business Wire

Granite Point Mortgage Trust Inc. Announces First Quarter 2026 Common and Preferred Stock Dividends and Business Update

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces First Quarter 2026 Common and Preferred Stock Dividends and Business Update.

6 weeks ago - Business Wire

Granite Point Mortgage Trust Inc. Announces 2026 Annual Meeting of Stockholders

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces 2026 Annual Meeting of Stockholders.

2 months ago - Business Wire

Granite Point Mortgage Trust Earnings Call Transcript: Q4 2025

Q4 saw a net loss of $27.4M, driven by credit loss provisions and REO impairment, with book value per share declining to $7.29. Portfolio size is expected to shrink through mid-2026 before regrowth, as asset resolutions and debt reduction remain priorities.

2 months ago - Transcripts

Granite Point Mortgage Trust Inc. Reports Q4 and Full Year 2025 Financial Results and Post Quarter-End Update

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Q4 and Full Year 2025 Financial Results and Post Quarter-End Update.

2 months ago - Business Wire

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

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

3 months ago - Business Wire

Granite Point Mortgage Trust Inc. Announces 2025 Dividend Tax Information

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces 2025 Dividend Tax Information.

3 months ago - Business Wire

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

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

4 months ago - Business Wire

Granite Point Mortgage Trust Earnings Call Transcript: Q3 2025

Q3 2025 saw improved investor sentiment and market liquidity, with a GAAP net loss of $0.6M and a distributable loss of $18.9M. Portfolio yield improved, leverage decreased, and significant asset resolutions and debt reductions were achieved.

6 months ago - Transcripts

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

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

6 months ago - Business Wire

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

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

6 months ago - Business Wire

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

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

8 months ago - Business Wire

Granite Point Mortgage Trust Earnings Call Transcript: Q2 2025

Q2 2025 saw improved commercial real estate liquidity, significant progress in resolving non-accrual loans, and continued share buybacks. Net loss was $17M, with book value at $7.99 per share. Origination is expected to resume late 2025 or early 2026.

9 months ago - Transcripts

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

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

9 months ago - Business Wire

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.

10 months ago - Business Wire

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.

11 months ago - Business Wire

Granite Point Mortgage Trust Earnings Call Transcript: Q1 2025

Q1 2025 saw progress in resolving non-accrual loans, reducing risk rated 5 loans to three, and maintaining strong liquidity. Despite a GAAP net loss of $10.6M, share buybacks and loan resolutions position the portfolio for improved profitability as new originations are expected later in 2025.

1 year ago - Transcripts

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.

1 year 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.

1 year ago - Business Wire

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.

1 year ago - Business Wire

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.

1 year ago - Business Wire

Granite Point Mortgage Trust Earnings Call Transcript: Q4 2024

Resolved $441M in non-performing loans since 2024, reported a Q4 net loss of $42.4M, and reduced CECL reserves. Portfolio shrank to $2.1B, with improved liquidity and plans to resume originations in late 2025. Book value declined to $8.47 per share.

1 year ago - Transcripts

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.

1 year 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.

1 year 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.

1 year ago - Business Wire