Granite Point Mortgage Trust Inc. (GPMT)
NYSE: GPMT · IEX Real-Time Price · USD
4.710
-0.010 (-0.21%)
Mar 28, 2024, 9:32 AM EDT - Market open

GPMT Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for GPMT stock have an average target of 6.50, which predicts an increase of 38.00% from the current stock price of 4.71.

Analyst Consensus: Buy
Target Low Average Median High
Price $6.50 $6.50 $6.50 $6.50
Change +38.00% +38.00% +38.00% +38.00%
* Price targets were last updated on Feb 16, 2024.

Analyst Ratings

The average analyst rating for GPMT stock from 3 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 001111
Buy 222211
Hold 000011
Sell 111100
Strong Sell 000000
Total 334433

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JMP Securities
JMP Securities
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Feb 20, 2024
Raymond James
Raymond James
Buy
Maintains
$7$6.5
Buy Maintains $7$6.5 +38.00% Feb 16, 2024
UBS
UBS
Strong Buy
Initiates
$6.5
Strong Buy Initiates $6.5 +38.00% Dec 6, 2023
JMP Securities
JMP Securities
Buy
Reiterates
$9
Buy Reiterates $9 +91.08% Aug 17, 2023
Raymond James
Raymond James
Buy
Maintains
$9$7
Buy Maintains $9$7 +48.62% May 12, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
69.82M
from -19.81M
Revenue Next Year
80.73M
from 69.82M
Increased by 15.63%
EPS This Year
-0.47
from -1.50
EPS Next Year
0.54
from -0.47
Year 2019202020212022202320242025
Revenue
110.49M55.27M103.82M-4.11M-19.81M69.82M80.73M
Revenue Growth
17.78%-49.97%87.83%---15.63%
EPS
1.32-0.731.23-1.04-1.50-0.470.54
EPS Growth
-7.04%------
No. Analysts -----65
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 79.8M 91.0M
Avg 69.8M 80.7M
Low 59.7M 70.2M

Revenue Growth

Revenue Growth 20242025
High -
30.4%
Avg -
15.6%
Low -
0.5%

EPS Forecast

EPS 20242025
High -0.22 0.65
Avg -0.47 0.54
Low -0.66 0.42

EPS Growth

EPS Growth 20242025
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.