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Granite Point Mortgage (GPMT)
NYSE:GPMT
GPMT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$2.16 - $4.55
Previous CloseN/A
Volume143.09K
Average Volume (3M)307.83K
Market Cap
$116.75M
Enterprise Value$1.50B
Total Cash (Recent Filing)-$56.09M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta1.51
Next Earnings
May 13, 2025EPS Estimate
-0.67Last Dividend Ex-Date
Apr 01, 2025Dividend Yield12.55%
Share Statistics
EPS (TTM)-4.40
Shares Outstanding48,850,685
10 Day Avg. Volume291,887
30 Day Avg. Volume307,834
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)18.50
Price to Cash Flow (P/CF)1160.20
P/FCF Ratio1.10
Enterprise Value/Market Cap12.82
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit9.01
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$3.42Price Target Upside54.75% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
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Granite Point Mortgage News
PremiumCompany Announcements
Granite Point Highlights Mixed Sentiment in 2024 Earnings Call
PremiumCompany Announcements
Granite Point Mortgage Trust’s 2024 Financial PerformancePremiumCompany Announcements
Granite Point Mortgage Appoints New Board MembersPremiumCompany Announcements
Granite Point Mortgage Announces Leadership Transition Plan---
Bulls Say, Bears Say
Bulls Say
Loan PortfolioRepayments came in at a healthy $240.1M and the loan portfolio now sits at $2.3B.
Stock RepurchaseGPMT repurchased 1.2M shares of its common stock, increasing book value by $0.13 per share.
Bears Say
Dividend CoverageDistributable earnings did not cover the reduced $0.05 placeholder dividend.
Earnings PerformanceGranite 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.
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Ownership Overview
3.35% Insiders
11.48% Mutual Funds
9.35% Other Institutional Investors
59.94% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GPMT FAQ
What was Granite Point Mortgage’s price range in the past 12 months?
Granite Point Mortgage lowest stock price was $2.16 and its highest was $4.55 in the past 12 months.
What is Granite Point Mortgage’s market cap?
Granite Point Mortgage’s market cap is $116.75M.
When is Granite Point Mortgage’s upcoming earnings report date?
Granite Point Mortgage’s upcoming earnings report date is May 13, 2025 which is in 37 days.
How were Granite Point Mortgage’s earnings last quarter?
Granite Point Mortgage released its earnings results on Feb 13, 2025. The company reported -$1.98 earnings per share for the quarter, missing the consensus estimate of -$1.31 by -$0.67.
Is Granite Point Mortgage overvalued?
According to Wall Street analysts Granite Point Mortgage’s price is currently Undervalued.
Does Granite Point Mortgage pay dividends?
Granite Point Mortgage pays a Quarterly dividend of $0.05 which represents an annual dividend yield of 12.55%. See more information on Granite Point Mortgage dividends here
What is Granite Point Mortgage’s EPS estimate?
Granite Point Mortgage’s EPS estimate is -0.67.
How many shares outstanding does Granite Point Mortgage have?
Granite Point Mortgage has 48,850,685 shares outstanding.
What happened to Granite Point Mortgage’s price movement after its last earnings report?
Granite Point Mortgage reported an EPS of -$1.98 in its last earnings report, missing expectations of -$1.31. Following the earnings report the stock price went down -9.265%.
Which hedge fund is a major shareholder of Granite Point Mortgage?
Currently, no hedge funds are holding shares in GPMT
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Granite Point Mortgage Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$3.42 (54.75% Upside)
$3.42 (54.75% Upside)
Blogger Sentiment
Neutral
GPMT Sentiment 50%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 36.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $128.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 4.4%
Last 30 Days ▼ 4.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-47.17%
12-Months-Change
Fundamentals
Return on Equity
-28.15%
Trailing 12-Months
Asset Growth
-25.71%
Trailing 12-Months
Company Description
Granite Point Mortgage
Granite Point Mortgage Trust Inc., a real estate investment trust, originates, invests in, and manages senior floating-rate commercial mortgage loans, and other debt and debt-like commercial real estate investments in the United States. The company provides intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, including lease-up, renovation, repositioning, and repurposing of the commercial property. As of December 31, 2021, its investment portfolio includes 105 commercial real estate loan investments. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York.
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GPMT Company Deck
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GPMT Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
Granite Point exhibited strong efforts in loan resolutions and share buybacks, which were overshadowed by substantial net losses and a high volume of non-performing loans. The market outlook for 2025 appears optimistic, but ongoing challenges with loan resolutions and credit loss provisions persist.Read More>---
GPMT Stock 12 Month Forecast
Average Price Target
$3.42
▲(54.75% Upside)
Technical Analysis
Best Analysts Covering GPMT
1 Year
1 Year Success Rate
7/20 ratings generated profit
1 Year Average Return
+12.31%
reiterated a buy rating 26 days ago
Copying Stephen Laws's trades and holding each position for 1 Year would result in 35.00% of your transactions generating a profit, with an average return of +12.31% per trade.
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