Granite Point Mortgage Trust Inc. (GPMT)
| Market Cap | 59.42M -53.9% |
| Revenue (ttm) | -28.99M |
| Net Income | -96.01M |
| EPS | -2.02 |
| Shares Out | 47.92M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.20 (16.13%) |
| Ex-Dividend Date | Jul 1, 2026 |
| Volume | 424,694 |
| Open | 1.260 |
| Previous Close | 1.270 |
| Day's Range | 1.190 - 1.270 |
| 52-Week Range | 1.190 - 3.115 |
| Beta | 1.63 |
| Analysts | Hold |
| Price Target | 1.50 (+20.97%) |
| Earnings Date | Aug 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]
Financial Performance
Financial StatementsAnalyst Summary
According to 4 analysts, the average rating for GPMT stock is "Hold." The 12-month stock price target is $1.5, which is an increase of 20.97% from the latest price.
News
Granite Point Mortgage Trust Earnings Call Transcript: Q2 2026
Q2 2026 saw improved commercial real estate fundamentals but increased uncertainty from geopolitical and inflationary pressures. The company reported a $62 million net loss, increased reserves, and continued to resolve legacy loans while reducing cost of funds and maintaining liquidity.
Granite Point Mortgage Trust Quarterly report: Q2 2026
Granite Point Mortgage Trust has published its Q2 2026 quarterly earnings report on August 6, 2026.
Granite Point Mortgage Trust Earnings release: Q2 2026
Granite Point Mortgage Trust released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
Granite Point Mortgage Trust Slides: Q2 2026
Granite Point Mortgage Trust has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 6, 2026.
Granite Point Mortgage Trust Inc. Reports Second Quarter 2026 Financial Results and Post Quarter-End Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Second Quarter 2026 Financial Results and Post Quarter-End Update.
Granite Point Mortgage announces refinance of legacy CLO assets
Granite Point Mortgage (GPMT) Trust refinanced the assets that had been financed in its two remaining CRE CLOs, GPMT 2021-FL3 and GPMT 2021-FL4, on its JPMorgan Chase Bank repurchase facility,…
Granite Point Mortgage Trust Inc. Announces Refinance of Legacy CLO Assets, Extension and Upsize of JPMorgan Repurchase Facility
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Refinance of Legacy CLO Assets, Extension and Upsize of JPMorgan Repurchase Facility.
Granite Point Mortgage Trust Inc. Announces Dates for Second Quarter 2026 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for Second Quarter 2026 Earnings Release and Conference Call.
Granite Point Mortgage resumed with a Neutral at UBS
UBS resumed coverage of Granite Point Mortgage (GPMT) with a Neutral rating and $1.50 price target The “deep discount” for the commercial mortgage REIT reflects unfinished balance sheet repair, says…
Granite Point Mortgage Trust Inc. Announces Second Quarter 2026 Common and Preferred Stock Dividends and Business Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Second Quarter 2026 Common and Preferred Stock Dividends and Business Update.
Granite Point Mortgage Trust Transcript: AGM 2026
The meeting covered director elections, executive compensation, and auditor ratification, with all proposals approved. No shareholder proposals or questions were submitted, and the meeting concluded efficiently.
Granite Point Mortgage price target lowered to $1.50 from $1.65 at Keefe Bruyette
Keefe Bruyette lowered the firm’s price target on Granite Point Mortgage (GPMT) to $1.50 from $1.65 and keeps a Market Perform rating on the shares.
Granite Point Mortgage Trust Earnings Call Transcript: Q1 2026
Q1 2026 saw continued progress resolving legacy loans and reducing high-cost debt, despite a GAAP net loss of $6 million and ongoing market uncertainty from geopolitical events. Portfolio repositioning and new origination plans are expected to drive improved earnings in the latter half of 2026.
Granite Point Mortgage Trust Earnings release: Q1 2026
Granite Point Mortgage Trust released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.
Granite Point Mortgage Trust Quarterly report: Q1 2026
Granite Point Mortgage Trust has published its Q1 2026 quarterly earnings report on May 6, 2026.
Granite Point Mortgage Trust Slides: Q1 2026
Granite Point Mortgage Trust has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 6, 2026.
Granite Point Mortgage Trust Inc. Reports First Quarter 2026 Financial Results and Post Quarter-End Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports First Quarter 2026 Financial Results and Post Quarter-End Update.
Granite Point Mortgage Trust Proxy statement: Proxy filing
Granite Point Mortgage Trust filed a proxy statement on April 20, 2026, providing details for shareholder voting and corporate governance matters.
Granite Point Mortgage Trust Proxy statement: Proxy filing
Granite Point Mortgage Trust filed a proxy statement on April 20, 2026, providing details for shareholder voting and corporate governance matters.
Granite Point Mortgage price target lowered to $1.65 from $2.05 at Keefe Bruyette
Keefe Bruyette analyst Jade Rahmani lowered the firm’s price target on Granite Point Mortgage (GPMT) to $1.65 from $2.05 and keeps a Market Perform rating on the shares. Published first…
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.
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.
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.
Granite Point Mortgage price target lowered to $2.05 from $2.50 at Keefe Bruyette
Keefe Bruyette analyst Jade Rahmani lowered the firm’s price target on Granite Point Mortgage (GPMT) to $2.05 from $2.50 and keeps a Market Perform rating on the shares. Published first…
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.