Granite Point Mortgage Trust Inc. Stock News

Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture some gains in this sector.

Granite Point Mortgage Trust's preferred shares face challenges with dividend coverage and asset coverage ratios amid increased operating expenses and credit provisions. Despite a significant pre-tax loss and declining common equity, I maintain my position in GPMT's Series A preferred shares. The preferred shares offer a 10.1% yield now, potentially rising to 14.7% by 2027, but market concerns ...

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces First Quarter 2025 Common and Preferred Stock Dividends and Business Update.

Yield to maturity is crucial in baby bond analysis. Yield to call can also be relevant when call risk is more relevant. We're starting with a hypothetical for demonstrating a key point, then we'll look at two baby bonds as they are trading today. Market inefficiencies can arise from liquidity issues, creating trading opportunities between similar preferred shares or baby bonds.

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces 2025 Annual Meeting of Stockholders.

Granite Point Mortgage Trust Inc. (NYSE:GPMT ) Q4 2024 Earnings Conference Call February 14, 2025 11:00 AM ET Company Participants Chris Petta - Investor Relations Jack Taylor - President and Chief Executive Officer Steve Alpart - Chief Investment Officer and Co-Head-Originations Blake Johnson - Chief Financial Officer Conference Call Participants Douglas Harter - UBS Steve DeLaney - Citizens J...

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Q4 and Full Year 2024 Financial Results and Post Quarter-End Update.

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces 2024 Dividend Tax Information.