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Granite Point Mortgage Trust Inc. (GPMT)

Stock Price: $6.88 USD 0.00 (0.00%)
Updated Oct 20, 2020 1:59 PM EDT - Market open

Stock Price Chart

Key Info

Market Cap 379.81M
Revenue (ttm) 45.26M
Net Income (ttm) -3.86M
Shares Out 55.21M
EPS (ttm) -0.07
PE Ratio n/a
Forward PE 5.80
Dividend $0.80
Dividend Yield 11.63%

Stock Quote

Trading Day Oct 20, 2020
Last Price $6.88
Previous Close $6.88
Change ($) 0.00
Change (%) 0.00%
Day's Open 6.93
Day's Range 6.83 - 7.00
Day's Volume 208,670
52-Week Range 1.74 - 18.97

More Stats

Market Cap 379.81M
Enterprise Value 3.74B
Earnings Date (est) Nov 9, 2020
Ex-Dividend Date Oct 7, 2020
Shares Outstanding 55.21M
Float 54.11M
EPS (basic) -0.07
EPS (diluted) -0.07
FCF / Share 1.19
Dividend $0.80
Dividend Yield 11.63%
Earnings Yield n/a
FCF Yield 17.30%
Payout Ratio n/a
Shares Short 3.90M
Short Ratio 4.00
Short % of Float 7.20%
Beta 1.28
PE Ratio n/a
Forward PE 5.80
P/FCF Ratio 5.78
PS Ratio 8.39
PB Ratio 0.40
Revenue 45.26M
Operating Income -3.87M
Net Income -3.86M
Free Cash Flow 65.70M
Net Cash -3.36B
Net Cash / Share -60.85
Gross Margin 204.80%
Operating Margin -8.55%
Profit Margin -8.70%
FCF Margin 145.15%
ROA -0.09%
ROE -0.39%
ROIC -0.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (6)

Buy 1
Overweight 1
Hold 4
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$8.50*
(23.55% upside)
Low
7.00
Current: $6.88
High
11.00
Target: 8.50
*Average 12-month price target from 6 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year20192018201720162015
Revenue11093.8075.3750.008.86
Revenue Growth17.78%24.45%50.74%464.55%-
Gross Profit11093.8075.3750.008.86
Operating Income70.2163.0753.3035.350.21
Net Income70.2163.0853.3135.360.14
Shares Outstanding53.0943.4543.2343.23-
Earnings Per Share1.321.420.60--
EPS Growth-7.04%136.67%---
Dividend Per Share1.681.620.70--
Dividend Growth3.7%131.43%---
Operating Cash Flow64.1857.4230.5035.513.23
Free Cash Flow64.1857.4230.5035.513.23
Cash & Equivalents16012311156.2856.34
Total Debt3,3932,4981,6431,045227
Net Cash / Debt-3,233-2,375-1,532-989-170
Assets4,4613,3622,4991,496723
Liabilities3,4412,5331,6701,068236
Book Value1,019828829428487
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Granite Point Mortgage Trust Inc.
Country United States
CEO John A. Taylor

Stock Information

Ticker Symbol GPMT
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Mortgage
Unique Identifier NYSE: GPMT
IPO Date June 23, 2017

Description

Granite Point Mortgage 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. As of December 31, 2019, its investment portfolio includes 122 commercial real estate debt 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.