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Granite Point Mortgage Trust Inc. (GPMT)
NYSE: GPMT · Real-Time Price · USD
3.010
0.00 (0.00%)
Nov 5, 2024, 4:00 PM EST - Market closed

GPMT Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for GPMT stock have an average target of 5.08, with a low estimate of 2.75 and a high estimate of 6.50. The average target predicts an increase of 68.77% from the current stock price of 3.01.

Analyst Consensus: Buy
Target Low Average Median High
Price $2.75 $5.08 $6.00 $6.50
Change -8.64% +68.77% +99.34% +115.95%
* Price targets were last updated on Aug 12, 2024.

Analyst Ratings

The average analyst rating for GPMT stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 111111
Buy 111111
Hold 111111
Sell 111111
Strong Sell 000000
Total 444444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jade Rahmani
Keefe, Bruyette & Woods
 Keefe, Bruyette & Woods
Sell
Maintains
$3.25 → $2.75
 Sell Maintains $3.25 → $2.75 -8.64% Aug 12, 2024
Jade Rahmani
Keefe, Bruyette & Woods
 Keefe, Bruyette & Woods
Sell
Maintains
$3.85 → $3.25
 Sell Maintains $3.85 → $3.25 +7.97% Jul 10, 2024
Jade Rahmani
Keefe, Bruyette & Woods
 Keefe, Bruyette & Woods
Sell
Maintains
$5 → $4.75
 Sell Maintains $5 → $4.75 +57.81% Apr 10, 2024
Douglas Harter
UBS
 UBS
Strong Buy
Maintains
$6.5 → $6
 Strong Buy Maintains $6.5 → $6 +99.34% Mar 20, 2024
Steven Delaney
JMP Securities
 JMP Securities
Hold
Downgrades
n/a
 Hold Downgrades n/a n/a Feb 20, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
48.00M
Revenue Next Year
50.07M
from 48.00M
Increased by 4.30%
EPS This Year
-1.73
from -1.50
EPS Next Year
-1.01
from -1.73
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----48.00M50.07M58.93M
Revenue Growth
17.78%-34.67%56.18%-85.44%--4.30%17.70%
EPS
1.32-0.731.23-1.04-1.50-1.73-1.010.28
EPS Growth
-6.82%-------
Forward PE
-------10.93
No. Analysts -----654
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 72.0M 52.4M 61.2M
Avg 48.0M 50.1M 58.9M
Low 36.4M 46.9M 56.1M

Revenue Growth

Revenue Growth 202420252026
High -
9.2%
22.3%
Avg -
4.3%
17.7%
Low -
-2.3%
12.0%

EPS Forecast

EPS 202420252026
High -0.53 -0.02 0.32
Avg -1.73 -1.01 0.28
Low -2.21 -1.66 0.24

EPS Growth

EPS Growth 202420252026
High - - -
Avg - - -
Low - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.