Granite Point Mortgage Holds Annual Meeting, Elects Directors

An update from Granite Point Mortgage ( (GPMT) ) is now available.

Granite Point Mortgage held its Annual Meeting on June 5, 2025, where stockholders elected seven directors to serve until the 2026 Annual Meeting. Additionally, stockholders approved the executive compensation, an amended incentive plan, and ratified Ernst & Young LLP as the independent registered public accounting firm for 2025.

The most recent analyst rating on (GPMT) stock is a Sell with a $3.25 price target. To see the full list of analyst forecasts on Granite Point Mortgage stock, see the GPMT Stock Forecast page.

Spark’s Take on GPMT Stock

According to Spark, TipRanks’ AI Analyst, GPMT is a Neutral.

Granite Point Mortgage faces significant financial headwinds, primarily due to declining revenues and net losses. The company has made strides in debt management and liquidity improvement, but persistent challenges with non-performing loans and credit loss provisions weigh heavily. Technical analysis suggests the stock is oversold, indicating potential for recovery, but caution is advised. Valuation metrics are mixed, reflecting both risk and potential value, while management’s strategic focus on loan resolutions and share buybacks offers some optimism.

To see Spark’s full report on GPMT stock, click here.

More about Granite Point Mortgage

Granite Point Mortgage is a company operating in the financial industry, focusing on mortgage and real estate investment services.

Average Trading Volume: 419,239

Technical Sentiment Signal: Sell

Current Market Cap: $124.9M

For an in-depth examination of GPMT stock, go to TipRanks’ Stock Analysis page.