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Granite Point Mortgage Trust Inc. (GPMT)

Stock Price: $14.12 USD 0.17 (1.22%)
Updated Jul 26, 2021 4:00 PM EDT - Market closed
Market Cap 781.43M
Revenue (ttm) 115.79M
Net Income (ttm) 24.64M
Shares Out 55.14M
EPS (ttm) 0.45
PE Ratio 31.59
Forward PE 10.52
Dividend $0.65
Dividend Yield 4.60%
Trading Day July 26
Last Price $14.12
Previous Close $13.95
Change ($) 0.17
Change (%) 1.22%
Day's Open 13.94
Day's Range 13.95 - 14.24
Day's Volume 153,184
52-Week Range 5.05 - 15.65

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3 Promising mREIT Stocks to Buy From the Prospering Industry

Other stocks mentioned: CIM, NLY
1 month ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Second Quarter 2021 Common Stock Dividend and Business Update

1 month ago - Business Wire

As of late, it has definitely been a great time to be an investor in Granite Point Mortgage Trust Inc. (GPMT).

1 month ago - Zacks Investment Research

Does Granite Point Mortgage Trust (GPMT) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 month ago - Zacks Investment Research

Granite Point Mortgage Trust (GPMT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

1 month ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for May 28th

Other stocks mentioned: AMNB, CCOI, ORRF
1 month ago - Zacks Investment Research

Top Ranked Momentum Stocks to Buy for May 28th

Other stocks mentioned: CCOI, URBN, VBTX
1 month ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Closing of $824 Million Commercial Real Estate CLO

2 months ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports First Quarter 2021 Financial Results and Post Quarter-End Update

2 months ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Pricing of $824 Million Commercial Real Estate CLO

2 months ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces First Quarter 2021 Earnings Release and Conference Call

3 months ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces First Quarter 2021 Common Stock Dividend

4 months ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. to Present at the Citi 2021 Global Property CEO Conference

4 months ago - Business Wire

Granite Point Mortgage Trust (GPMT) delivered earnings and revenue surprises of 13.79% and 5.30%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the ...

4 months ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Fourth Quarter and Full Year 2020 Financial Results and Post Quarter-End Update

4 months ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces 2021 Annual Meeting of Stockholders

5 months ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Fourth Quarter and Full Year 2020 Earnings Release and Conference Call

5 months ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces 2020 Dividend Tax Information

5 months ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Completion of Internalization of Management Function

6 months ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Conversion Rate Adjustment for its Convertible Senior Notes Due 2022 and 2023

6 months ago - Business Wire

mREITs prospects for 2021 look encouraging backed by coronavirus relief packages and continued Fed purchases. Starwood (STWD), Two Harbors (TWO), Redwood (RWT), Invesco Mortgage (IVR) and Granite Point ...

Other stocks mentioned: IVR, RWT, STWD, TWO
6 months ago - Zacks Investment Research

GPMT was an extreme bargain back in May. There are fewer uncertainties now, but enough risks remain that I don't think GPMT is worth the entirety of their book value.

7 months ago - Seeking Alpha

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2020 Dividend and an Additional Special Common Stock Dividend

7 months ago - Business Wire

Granite Point Mortgage Trust (GPMT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

7 months ago - Zacks Investment Research

Granite Point Mortgage Trust Inc. (GPMT) CEO John Taylor on Q3 2020 Results - Earnings Call Transcript

8 months ago - Seeking Alpha

Granite Point Mortgage Trust Inc.'s (GPMT) CEO John Taylor On Q3 2020 Results - Quick Version Earnings Call Transcript

8 months ago - Seeking Alpha

Granite Point Mortgage Trust (GPMT) delivered earnings and revenue surprises of 35.00% and 7.25%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the...

8 months ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Third Quarter 2020 Financial Results and Post Quarter-End Update

8 months ago - Business Wire

Granite Point Mortgage (NYSE: GPMT) announces its next round of earnings this Monday, November 09. Here is Benzinga's everything-that-matters guide for this Monday's Q3 earnings announcement.

8 months ago - Benzinga

Granite Point Mortgage Trust (GPMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

8 months ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Earnings Release and Conference Call for Third Quarter 2020 Financial Results

8 months ago - Business Wire

Retail Value Inc again showed top-broker estimated-net gains of 141.2%, while Klepierre had the top 17.19% yield out of 350 U.S. REITs per YCharts data 10/16/20.

Other stocks mentioned: ACRE, AFIN, APTS, ARI, BXMT, CHMI, CIM ...
9 months ago - Seeking Alpha

GPMT is a commercial mortgage REIT. This is currently a risky sector, but the upside on GPMT is substantial.

9 months ago - Seeking Alpha

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Internalization of Management

9 months ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Update on Process to Internalize Management Function

9 months ago - Business Wire

Eighteen U.S. firms announced they would pay a special (or extra) dividend to their shareholders in September 2020.

Other stocks mentioned: BHLB, CRT, KIM, RPAI
9 months ago - Seeking Alpha

The mortgage REIT provided an update on its performance, but it also did something much more important.

9 months ago - The Motley Fool

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. (NYSE: GPMT) (“GPMT” or the “Company”) today declared a quarterly dividend of $0.20 per share of common stock for the third quarter of 2020. ...

9 months ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Secures $300 Million Strategic Financing

9 months ago - Business Wire

Granite Point Mortgage Trust: It's Time To Take Notice And Really Understand The Numbers

11 months ago - Seeking Alpha

Granite Point Mortgage Trust Inc. (GPMT) CEO John Taylor on Q2 2020 Results - Earnings Call Transcript

11 months ago - Seeking Alpha

Granite Point Mortgage Trust (GPMT) delivered earnings and revenue surprises of 13.64% and 21.92%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

11 months ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Second Quarter 2020 Financial Results and Post Quarter-End Update

11 months ago - Business Wire

Granite Point Mortgage Trust: Best Value In A Risky Sector

11 months ago - Seeking Alpha

Granite Point Mortgage Trust (GPMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

11 months ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Earnings Release and Conference Call for Second Quarter 2020 Financial Results

11 months ago - Business Wire

Granite Point Mortgage Trust (GPMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

11 months ago - Zacks Investment Research

4 Mortgage REITs Navigating Rough Seas But Positioned For Significant Gains

Other stocks mentioned: ABR, LADR, TRTX
1 year ago - Seeking Alpha

There's been a big mood shift on Wall Street in the property space. Investors need to tread carefully.

Other stocks mentioned: MAC, PK
1 year ago - The Motley Fool

A roaring bull market is driving everything higher, even this higher-risk corner of the real estate business.

Other stocks mentioned: IVR, MFA, NLY, NYMT, TWO
1 year ago - The Motley Fool

About GPMT

Granite Point Mortgage Trust Inc. 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. As of December 31, 2020, its investment portfolio includes 103 commercial real estate loan investments. The company intends to qualify as a real estate investment trust for federal income tax purposes. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York.

Industry
REIT-Mortgage
IPO Date
Jun 23, 2017
CEO
John Taylor
Country
United States
Stock Exchange
NYSE
Ticker Symbol
GPMT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 6 analysts, the average rating for GPMT stock is "Hold." The 12-month stock price forecast is 14.88, which is an increase of 5.38% from the latest price.

Price Target
$14.88
(5.38% upside)
Analyst Consensus: Hold