The earnings call presented a mixed picture. The company showed progress in reducing high-risk loans, extending credit facilities, and improving loan yields. However, it also reported significant losses, a decrease in book value, and challenges with nonaccrual loans. While there are positive developments, the financial losses and challenges weigh heavily on the overall sentiment.

Company Guidance -

Q3 2025

During the Granite Point Mortgage Trust's Second Quarter 2025 Earnings Call, the company provided guidance indicating a strategic focus on asset resolutions and loan repayments, with a plan to resume originations by late 2025 or early 2026. The call highlighted the reduction of risk-rated 5 loans from 7 to 2, with a resolution of the Louisville student housing loan yielding over $3 million above its carrying value. The company also reported $109 million in year-to-date loan repayments, contributing to a net loan portfolio reduction of $115 million during the quarter. The refinancing of three repurchase facilities was extended by approximately one year, and the secured credit facility's maturity was pushed to December 2026, with a financing spread reduction of 75 basis points. The company's distributable loss for the quarter was $45.3 million, or negative $0.94 per share, while the book value per share decreased by $0.25 to $7.99, due in part to a GAAP net loss of $17 million. Looking forward, Granite Point plans to leverage its existing origination team to capitalize on attractive investment opportunities, targeting $750 million to $1 billion in new originations to regrow its portfolio in 2026.

Significant Reduction in Risk Rated 5 Loans

Reduced risk rated 5 loans from 7 at year-end to 2, including resolution of the Louisville student housing loan at over $3 million above the carrying value.

Extension of Credit Facilities

Extended maturity of secured credit facility from December 2025 to December 2026, reducing financing spread by 75 basis points.

Active Loan Repayments and Reductions

Realized about $109 million of loan repayments year-to-date and reduced net loan portfolio by $115 million during the second quarter.

Share Repurchase Program

Repurchased 1.25 million shares of common stock, with 2.6 million shares remaining under existing authorization for buyback.

Improvement in Loan Portfolio Yield

Overall loan yield improved by 30 basis points to 7.1%, excluding nonaccrual loans, yielding 8.2%.

Granite Point Mortgage (GPMT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GPMT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	-0.33 / -	-0.75	―	―	―
Aug 04, 2025	2025 (Q2)	-0.79 / -0.94	-0.18	-422.22% (-0.76)
May 06, 2025	2025 (Q1)	-0.73 / -0.57	0.03	-2000.00% (-0.60)
Feb 13, 2025	2024 (Q4)	-1.31 / -1.98	-0.52	-280.77% (-1.46)
Nov 06, 2024	2024 (Q3)	-0.82 / -0.75	-0.14	-435.71% (-0.61)
Aug 05, 2024	2024 (Q2)	-0.21 / -0.18	0.12	-250.00% (-0.30)
May 07, 2024	2024 (Q1)	0.03 / 0.03	0.2	-85.00% (-0.17)
Feb 14, 2024	2023 (Q4)	-0.11 / -0.52	-0.16	-225.00% (-0.36)
Nov 07, 2023	2023 (Q3)	0.13 / -0.14	0.17	-182.35% (-0.31)
Aug 08, 2023	2023 (Q2)	0.14 / 0.12	0.22	-45.45% (-0.10)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GPMT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$2.59	$2.55	-1.54%
May 06, 2025	$1.86	$2.14	+15.05%
Feb 13, 2025	$3.06	$2.79	-8.82%
Nov 06, 2024	$2.87	$2.91	+1.39%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Granite Point Mortgage (GPMT) report earnings?

Granite Point Mortgage (GPMT) is schdueled to report earning on Nov 11, 2025, After Close (Confirmed).

What is Granite Point Mortgage (GPMT) earnings time?

Granite Point Mortgage (GPMT) earnings time is at Nov 11, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is GPMT EPS forecast?

GPMT EPS forecast for the fiscal quarter 2025 (Q3) is -0.33.

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