Granite Point Mortgage Trust Inc. (GPMT)

Market Cap	157.19M
Revenue (ttm)	-58.44M
Net Income (ttm)	-117.92M
Shares Out	51.03M
EPS (ttm)	-2.31
PE Ratio	n/a
Forward PE	n/a
Dividend	$0.60 (19.48%)
Ex-Dividend Date	Jul 1, 2024

Volume	301,068
Open	3.110
Previous Close	3.050
Day's Range	3.010 - 3.110
52-Week Range	2.685 - 6.405
Beta	1.81
Analysts	Buy
Price Target	5.25 (+70.46%)
Earnings Date	Aug 5, 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...

• Industry: REIT - Mortgage
• Sector: Real Estate
• IPO Date: Jun 23, 2017
• Employees: 36
• Stock Exchange: NYSE
• Ticker Symbol: GPMT

Analyst Forecast

According to 4 analysts, the average rating for GPMT stock is "Buy." The 12-month stock price forecast is $5.25, which is an increase of 70.46% from the latest price.

Price Target

$5.25

(70.46% upside)

Analyst Consensus: Buy