Granite Point Mortgage Trust (GPMT)
NYSE:GPMT
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GPMT Stock Chart & Stats
$1.60
-$0.02(-0.72%)
At close: 4:00 PM EST
$1.60
-$0.02(-0.72%)
Day’s Range― - ―
52-Week Range$1.24 - $3.12
Previous CloseN/A
Volume143.09K
Average Volume (3M)138.88K
Market Cap
$70.92M
Enterprise Value$998.96M
Total Cash (Recent Filing)$43.55M
Total Debt (Recent Filing)$972.55M
Price to Earnings (P/E)―
Beta1.30
Next Earnings
Aug 10, 2026EPS Estimate
-0.36Next Dividend Ex-DateN/A
Dividend Yield7.97%
Share Statistics
EPS (TTM)-1.08
Shares Outstanding47,919,624
10 Day Avg. Volume120,446
30 Day Avg. Volume138,879
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.21
Price to Sales (P/S)0.79
P/FCF Ratio43.08
Enterprise Value/Market Cap14.09
Enterprise Value/Revenue7.45
Enterprise Value/Gross Profit19.44
Enterprise Value/Ebitda-118.05
Forecast
1Y Price Target
$1.50Price Target Upside-6.25% Downside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)-0.99
Revenue Forecast (FY)$31.67M
Bulls Say, Bears Say
Bulls Say
Loan PortfolioThe portfolio was composed of 99% senior first mortgage loans and 97% of the loans have a floating interest rate.
Share RepurchaseDuring the quarter, GPMT repurchased 1.2M shares of its common stock, which increased book value by $0.13 per share.
Bears Say
EarningsGranite Point reported a GAAP loss of $0.86 per share and a distributable loss of $1.98 per share, which was below consensus and analyst estimates.
Loan Loss ReservesGAAP earnings were negatively impacted by a $27.9M, or $0.55 per share, increase to CECL loan loss reserves.
Loan Write-OffsDistributable earnings were negatively impacted by $95.2M in write-offs related to the resolution of four 5-rated loans.
Problematic LoansLoans assigned a 5-rating at December 31 total 21.5% of the portfolio, remaining essentially flat from September 30.
Granite Point Mortgage News
GPMT FAQ
What was Granite Point Mortgage Trust’s price range in the past 12 months?
Granite Point Mortgage Trust lowest stock price was $1.24 and its highest was $3.12 in the past 12 months.
What is Granite Point Mortgage Trust’s market cap?
Granite Point Mortgage Trust’s market cap is $70.92M.
When is Granite Point Mortgage Trust’s upcoming earnings report date?
Granite Point Mortgage Trust’s upcoming earnings report date is Aug 10, 2026 which is in 62 days.
How were Granite Point Mortgage Trust’s earnings last quarter?
Granite Point Mortgage Trust released its earnings results on May 05, 2026. The company reported -$0.06 earnings per share for the quarter, beating the consensus estimate of -$0.17 by $0.11.
Is Granite Point Mortgage Trust overvalued?
According to Wall Street analysts Granite Point Mortgage Trust’s price is currently Overvalued.
Does Granite Point Mortgage Trust pay dividends?
Granite Point Mortgage Trust pays a Quarterly dividend of $0.05 which represents an annual dividend yield of 7.97%. See more information on Granite Point Mortgage Trust dividends here
What is Granite Point Mortgage Trust’s EPS estimate?
Granite Point Mortgage Trust’s EPS estimate is -0.36.
How many shares outstanding does Granite Point Mortgage Trust have?
Granite Point Mortgage Trust has 47,919,624 shares outstanding.
What happened to Granite Point Mortgage Trust’s price movement after its last earnings report?
Granite Point Mortgage Trust reported an EPS of -$0.06 in its last earnings report, beating expectations of -$0.17. Following the earnings report the stock price went up 4.93%.
Which hedge fund is a major shareholder of Granite Point Mortgage Trust?
Currently, no hedge funds are holding shares in GPMT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Granite Point Mortgage Stock Smart Score
Neutral
1
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5
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9
10
Analyst Consensus
Hold
Average Price Target:
$1.50 (-6.25% Downside)
$1.50 (-6.25% Downside)
Blogger Sentiment
Bullish
GPMT Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 127.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 7.8%
Last 30 Days ▼ 7.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-33.85%
12-Months-Change
Fundamentals
Return on Equity
-6.46%
Trailing 12-Months
Asset Growth
-24.02%
Trailing 12-Months
Company Description
Granite Point Mortgage Trust
Granite Point Mortgage Trust Inc. functions as a real estate investment trust (REIT) primarily engaged in the commercial property market across the United States. The company's core business involves initiating, acquiring, and overseeing senior floating-rate commercial mortgage loans, as well as similar debt-oriented commercial real estate investments. It offers tailored, intermediate-term funding solutions, serving as bridge financing for diverse objectives such as property purchases, capital restructurings, and refinancing. Moreover, the firm supports a variety of business plans, including tenant lease-up, property modernizations, market repositioning, and adaptive reuse initiatives for commercial assets. As of December 31, 2021, its portfolio encompassed 105 commercial real estate loan holdings. Established in 2015, Granite Point Mortgage Trust Inc. is headquartered in New York, New York.
GPMT Company Deck
GPMT Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a balanced view: management has executed meaningful deleveraging and asset resolutions (repayments, sales above par, reduced leverage and specific CECL after a post-quarter sale) and laid out a clear plan to redeploy capital into higher-yielding originations and capital-light JV opportunities. However, near-term results remain pressured by nonaccrual loans, elevated CECL reserves, an increase in portfolio risk ratings, a GAAP net loss for the quarter, and ongoing macro/geopolitical uncertainty that is lengthening deal timelines. The progress on legacy asset resolutions and improved funding posture are positive, but earnings and portfolio growth depend on resolving remaining problem loans and restarting originations.View all GPMT earnings summariesGPMT Stock 12 Month Forecast
Average Price Target
$1.50
▼(-6.25% Downside)
Technical Analysis
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Ownership Overview
3.79% Insiders
8.00% Mutual Funds
2.36% Other Institutional Investors
76.13% Public Companies and
Individual Investors