Granite Point Mortgage Trust Inc. Stock

Equities

GPMT

US38741L1070

Specialized REITs

Market Closed - Nyse 04:00:02 2024-05-10 pm EDT 5-day change 1st Jan Change
3.64 USD -2.67% Intraday chart for Granite Point Mortgage Trust Inc. -17.65% -38.72%
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Sales 2024 * 42M Sales 2025 * 68.43M Capitalization 186M
Net income 2024 * -61M Net income 2025 * 5M EV / Sales 2024 * 4.42 x
Net cash position 2024 * - Net cash position 2025 * - EV / Sales 2025 * 2.71 x
P/E ratio 2024 *
-3.05 x
P/E ratio 2025 *
33.3 x
Employees 36
Yield 2024 *
12.4%
Yield 2025 *
14.7%
Free-Float 97.3%
More Fundamentals * Assessed data
Dynamic Chart
Sector Update: Financial Stocks Advance Late Afternoon MT
Granite Point Shares Decline as Q1 Loss Widens MT
Transcript : Granite Point Mortgage Trust Inc., Q1 2024 Earnings Call, May 08, 2024
Granite Point Mortgage Trust Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
UBS Trims Granite Point Mortgage Trust Price Target to $6 From $6.50, Maintains Buy Rating MT
Granite Point Mortgage Trust's Dividend Cut Reflects Impact of Rising Non-Accrual Assets, UBS Says MT
Granite Point Mortgage Trust Cuts Quarterly Dividend to $0.15 a Share, Payable April 15 to Holders of Record April 1 MT
Granite Point Mortgage Trust Inc. Declares Cash Dividend for the First Quarter of 2024, Payable on April 15, 2024 CI
JMP Securities Downgrades Granite Point Mortgage Trust to Market Perform From Market Outperform MT
Raymond James Cuts Price Target on Granite Point Mortgage Trust to $6.50 From $7, Keeps Outperform Rating MT
Transcript : Granite Point Mortgage Trust Inc., Q4 2023 Earnings Call, Feb 15, 2024
Granite Point Mortgage Trust Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023 CI
Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2023 Cash Dividend on Common Stock Payable on January 16, 2024 CI
UBS Initiates Coverage on Granite Point Mortgage Trust With Buy Rating, $6.50 Price Target MT
Transcript : Granite Point Mortgage Trust Inc., Q3 2023 Earnings Call, Nov 08, 2023
More news

Latest transcript on Granite Point Mortgage Trust Inc.

1 day-2.67%
1 week-17.65%
Current month-15.15%
1 month-14.55%
3 months-29.73%
6 months-22.55%
Current year-38.72%
More quotes
1 week
3.49
Extreme 3.49
4.50
1 month
3.49
Extreme 3.49
4.54
Current year
3.49
Extreme 3.49
6.13
1 year
3.49
Extreme 3.49
6.41
3 years
3.49
Extreme 3.49
15.92
5 years
1.74
Extreme 1.74
19.38
10 years
1.74
Extreme 1.74
19.69
More quotes
Managers TitleAgeSince
Chief Executive Officer 68 17-04-06
Director of Finance/CFO 48 17-04-06
Chief Investment Officer 60 17-04-06
Members of the board TitleAgeSince
Chairman 78 17-05-31
Director/Board Member 74 17-05-31
Director/Board Member 59 23-01-08
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Date Price Change Volume
24-05-10 3.64 -2.67% 853,980
24-05-09 3.74 -2.35% 686,002
24-05-08 3.83 -12.56% 1,148,574
24-05-07 4.38 -0.45% 273,232
24-05-06 4.4 -0.45% 230,581

Delayed Quote Nyse, May 10, 2024 at 04:00 pm EDT

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Granite Point Mortgage Trust Inc. is an internally managed real estate finance company. The Company focuses primarily on directly originating, investing in and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments. Its investment objective is to preserve its stockholder's capital while generating attractive risk-adjusted returns over the long term, primarily through dividends derived from current income produced by its investment portfolio. The Company provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancings and a range of business plans. It may also directly originate and invest in mezzanine loans, subordinated mortgage interests and other real estate securities, and may also invest in preferred equity investments and other investments. The Company's loan portfolio consisted of approximately 73 commercial real estate loan investments.
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More about the company
Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
3.64 USD
Average target price
5.117 USD
Spread / Average Target
+40.57%
Consensus
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