Granite Point Mortgage Trust Inc. (GPMT)

NYSE: GPMT · Real-Time Price · USD
1.380
+0.050 (3.76%)
At close: May 21, 2026, 4:00 PM EDT
1.400
+0.020 (1.45%)
After-hours: May 21, 2026, 7:00 PM EDT
Market Cap66.13M -28.1%
Revenue (ttm)10.27M
Net Income-50.94M
EPS-1.07
Shares Out 47.92M
PE Ration/a
Forward PEn/a
Dividend$0.20 (14.49%)
Ex-Dividend DateApr 1, 2026
Volume397,519
Open1.340
Previous Close1.330
Day's Range1.340 - 1.420
52-Week Range1.240 - 3.115
Beta1.66
AnalystsHold
Price Target1.50 (+8.7%)
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 3 analysts, the average rating for GPMT stock is "Hold." The 12-month stock price target is $1.5, which is an increase of 8.70% from the latest price.

Price Target
$1.5
(8.70% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

10 days ago - TheFly

Granite Point Mortgage Trust Q1 Earnings Call Highlights

Granite Point Mortgage Trust NYSE: GPMT reported a first-quarter loss as management said it remains focused on resolving legacy loans, reducing higher-cost debt and preparing to restart portfolio grow...

11 days ago - MarketBeat

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.

15 days ago - Transcripts

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.

15 days ago - Filings

Granite Point Mortgage Trust Quarterly report: Q1 2026

Granite Point Mortgage Trust has published its Q1 2026 quarterly earnings report on May 6, 2026.

15 days ago - Filings

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.

15 days ago - Filings

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.

16 days ago - Business Wire

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.

4 weeks ago - Filings

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.

4 weeks ago - Filings

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…

6 weeks ago - TheFly

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.

6 weeks 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.

2 months 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 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…

3 months ago - TheFly

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.

3 months ago - Transcripts

Granite Point Mortgage Trust Annual report: Q4 2025

Granite Point Mortgage Trust has published its Q4 2025 annual report on February 12, 2026.

3 months ago - Filings

Granite Point Mortgage Trust Earnings release: Q4 2025

Granite Point Mortgage Trust released its Q4 2025 earnings on February 12, 2026, summarizing the period's financial results.

3 months ago - Filings

Granite Point Mortgage Trust Slides: Q4 2025

Granite Point Mortgage Trust has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 12, 2026.

3 months ago - Filings

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.

3 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.

4 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.

4 months ago - Business Wire

Granite Point Mortgage price target lowered to $2.50 from $2.75 at Keefe Bruyette

Keefe Bruyette lowered the firm’s price target on Granite Point Mortgage (GPMT) to $2.50 from $2.75 and keeps a Market Perform rating on the shares.

4 months ago - TheFly

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.

5 months ago - Business Wire

Granite Point Mortgage price target lowered to $2.75 from $3 at Keefe Bruyette

Keefe Bruyette lowered the firm’s price target on Granite Point Mortgage (GPMT) to $2.75 from $3 and keeps a Market Perform rating on the shares.

6 months ago - TheFly

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.

7 months ago - Transcripts