$2.81
2.26% today
NYSE, Sep 16, 08:40 pm CET
ISIN
US38741L1070
Symbol
GPMT
Sector
Industry

Granite Point Mortgage Trust Inc. Stock price

$2.87
+0.32 12.55% 1M
-1.97 40.70% 6M
-3.07 51.68% YTD
-2.41 45.64% 1Y
-10.50 78.53% 3Y
-15.35 84.25% 5Y
-15.66 84.51% 10Y
NYSE, Closing price Fri, Sep 13 2024
+0.21 7.89%
ISIN
US38741L1070
Symbol
GPMT
Sector
Industry

Key metrics

Market capitalization $145.46m
Enterprise Value $1.86b
P/E (TTM) P/E ratio negative
EV/FCF (TTM) EV/FCF 68.72
EV/Sales (TTM) EV/Sales 7.91
P/S ratio (TTM) P/S ratio 0.62
P/B ratio (TTM) P/B ratio 0.21
Dividend yield 27.87%
Last dividend (FY23) $0.80
Revenue growth (TTM) Revenue growth -5.35%
Revenue (TTM) Revenue $235.27m
EBIT (operating result TTM) EBIT $2.02m
Free Cash Flow (TTM) Free Cash Flow $27.09m
Cash position $98.80m
EPS (TTM) EPS $-3.68
P/E forward negative
P/S forward 2.99
EV/Sales forward 38.22
Short interest 2.06%
Show more

Is Granite Point Mortgage Trust Inc. a Top Scorer Stock based on the Dividend, High-Growth-Investing or Leverman Strategy?

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Granite Point Mortgage Trust Inc. Stock Analysis

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Analyst Opinions

4 Analysts have issued a Granite Point Mortgage Trust Inc. forecast:

2x Buy
50%
1x Hold
25%
1x Sell
25%

Analyst Opinions

4 Analysts have issued a Granite Point Mortgage Trust Inc. forecast:

Buy
50%
Hold
25%
Sell
25%

Financial data from Granite Point Mortgage Trust Inc.

Income Statement P&L | Balance Sheet | Cash Flow


Quarter TTM Annually
Jun '24
+/-
%
235 235
5% 5%
100%
- Direct Costs 14 14
92% 92%
6%
222 222
8% 8%
94%
- Selling and Administrative Expenses 27 27
17% 17%
11%
- Research and Development Expense - -
-
-
195 195
7% 7%
83%
- Depreciation and Amortization 3.96 3.96
-
2%
EBIT (Operating Income) EBIT 2.02 2.02
98% 98%
1%
Net Profit -173 -173
184% 184%
-74%

In millions USD.

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Granite Point Mortgage Trust Inc. Stock News

Positive
Seeking Alpha
18 days ago
Recent developments in interest rates and market sentiment on rate cuts present an opportunity for highly discounted mortgage REITs with office exposure. Despite challenges, the risk-return profile of these mREITs has improved, making them potentially lucrative for patient, long-term investors. Granite Point Mortgage Trust, Claros Mortgage Trust, and Blackstone Mortgage Trust are rated as Specu...
Neutral
Business Wire
21 days ago
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces CFO Transition.
Positive
Seeking Alpha
28 days ago
Granite Point Mortgage Trust has shed 50% over the last year due to the extreme discombobulation of its loan portfolio. Book value per share dipped by 11.7% sequentially during the mREIT's fiscal 2024 second quarter. The dividend has been cut by nearly 70%. It should have been suspended to fund share buybacks with the mREIT currently trading at a 74% discount to book value.
More Granite Point Mortgage Trust Inc. News

Company Profile

Granite Point Mortgage Trust, Inc. operates as a real estate investment trust. It focuses on originating, investing in, and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments. The company was founded on April 7, 2017 and is headquartered in New York, NY.

Head office United States
CEO John Taylor
Employees 35
Founded 2017
Website www.gpmtreit.com

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