Granite Point Mortgage Trust Inc. (GPMT) Stock Price, Quote & News

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Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

Granite Point Mortgage Tr... (GPMT)

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Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

2.79

0.12 (4.49%)

At close: Jan 14, 2025, 3:59 PM

2.80

0.36%

Pre-market Jan 15, 2025, 08:30 AM EST

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Bid	2.68
Market Cap	139.38M
Revenue (ttm)	-
Net Income (ttm)	-
EPS (ttm)	-3.86
PE Ratio (ttm)	-0.72
Forward PE	n/a
Analyst	Hold

Ask	2.9
Volume	267,405
Avg. Volume (20D)	414,531
Open	2.68
Previous Close	2.67
Day's Range	2.68 - 2.80
52-Week Range	2.46 - 6.13
Beta	undefined

About GPMT

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, r...

[Show more]

Industry REIT - Mortgage

Sector Real Estate

IPO Date Jun 26, 2017

Employees 36

Stock Exchange NYSE

Ticker Symbol GPMT

Website https://www.gpmtreit.com

Analyst Forecast

According to 4 analyst ratings, the average rating for GPMT stock is "Hold." The 12-month stock price forecast is $4, which is an increase of 43.37% from the latest price.

Buy 50.00%

Hold 50.00%

Sell 0.00%

Stock Forecasts

Next Earnings Release

Granite Point Mortgage Trust Inc. is scheduled to release its earnings on Feb 12, 2025, during market hours.
Analysts project revenue of $10.59M, reflecting a -38.9% YoY shrinking and earnings per share of -0.18, making a -228.57% decrease YoY.

Why Price Moved

6 months ago · Source

+15.27%

Shares of companies within the broader financial s... Unlock content with Pro Subscription

News

1 week ago · businesswire.com

Granite Point Mortgage Trust Inc. Announces COO Transition

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces COO Transition.

3 weeks ago · businesswire.com

Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2024 Common and Preferred Stock Dividends and Business Update

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2024 Common and Preferred Stock Dividends and Business Update.

1 month ago · seekingalpha.com

Granite Point Mortgage's Improved Liquidity Brings Its 10% Yielding Preferreds Into Focus

Granite Point Mortgage Trust's common equity is down 36% in 2024, trading at a 65% discount to book value due to office property loan exposure. The mREIT's third-quarter book value dipped by 59 cents ...

2 months ago · seekingalpha.com

Granite Point Mortgage Trust Inc. (GPMT) Q3 2024 Earnings Call Transcript

Granite Point Mortgage Trust Inc. (NYSE:GPMT ) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Chris Petta - Investor Relations Jack Taylor - President and Chief Exe...

2 months ago · zacks.com

Granite Point Mortgage Trust (GPMT) Reports Q3 Loss, Tops Revenue Estimates

Granite Point Mortgage Trust (GPMT) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.96. This compares to earnings of $0.18 per share a year ago.

2 months ago · businesswire.com

Granite Point Mortgage Trust Inc. Reports Third Quarter 2024 Financial Results and Post Quarter-End Update

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Third Quarter 2024 Financial Results and Post Quarter-End Update.

2 months ago · businesswire.com

Granite Point Mortgage Trust Inc. Announces Dates for Third Quarter 2024 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for Third Quarter 2024 Earnings Release and Conference Call.

2 months ago · zacks.com

3 Real Estate Stocks to Buy on Increasing Mortgage Rates

Sino Land (SNLAY), Two Harbors (TWO) and Grantite Point (GPMT) are three real estate stocks to look into as mortgage rates continue to rise despite Fed rate cuts.

3 months ago · seekingalpha.com

3 Shares Yielding Over 9%

We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not a...