Granite Point Mortgage Trust Inc. (GPMT)
Market Cap | 218.92M |
Revenue (ttm) | -19.81M |
Net Income (ttm) | -77.65M |
Shares Out | 50.79M |
EPS (ttm) | -1.50 |
PE Ratio | n/a |
Forward PE | 47.62 |
Dividend | $0.75 (17.40%) |
Ex-Dividend Date | Mar 28, 2024 |
Volume | 260,845 |
Open | 4.280 |
Previous Close | 4.280 |
Day's Range | 4.275 - 4.390 |
52-Week Range | 3.970 - 6.405 |
Beta | 1.82 |
Analysts | Buy |
Price Target | 5.75 (+33.41%) |
Earnings Date | May 7, 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 33.41% from the latest price.
News
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.
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.
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.
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.
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.
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.
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...
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.
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.
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.
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.
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.
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.
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.
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.
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.
Granite Point Mortgage Trust Inc. Announces $269 million Refinancing of Legacy CRE CLO
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc.
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...
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...
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...
Granite Point Mortgage Trust Inc. Reports Fourth Quarter and Full Year 2022 Financial Results and Post Quarter-End Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc.
Granite Point Mortgage Trust Inc. Announces Dates for Fourth Quarter and Full Year 2022 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc.
Granite Point Mortgage Trust Inc. Announces 2022 Dividend Tax Information
NEW YORK--(BUSINESS WIRE)-- Granite Point Mortgage Trust Inc. (NYSE: GPMT) (“GPMT,” “Granite Point” or the “Company”) today announced the tax treatment of common and preferred stock dividends declar...
Granite Point Mortgage Trust Inc. Appoints Sheila K. McGrath to the Board of Directors
NEW YORK--(BUSINESS WIRE)-- Granite Point Mortgage Trust Inc. (NYSE: GPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that it has appointed Sheila K. McGrath as an independent member...