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Granite Point Mortgage Trust Inc. GPMT

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Price alert · GPMT

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4.27 USD -0.13 -2.95%

At close · Oct 30

4.27 0.00 0.00%

After hours · Oct 30, 4:00 PM ET

Bid
4.21 × 100
Ask
4.34 × 100
4.19 Day range 4.58
4.27 52-week range 28.30
YTD
-82.21%
1 year
-83.83%
Open
4.35
Prev close
4.40
Mkt cap
20.58M
Vol
65.95K
Avg vol
34.31K
EPS
-20.00
P/E
0.00
Div yield
6.83%
More statistics
Low
4.19
High
4.58
Forward P/E
-2.89
Beta
1.82
Short ratio
2.09
Inst. own
50.74%
Dividend
0.20
Ex-div date
Dec 30, 2024
Earnings
Feb 12, 2025
50-d avg
3.21
200-d avg
3.35
1y target
3.75

2Y chart

Chart tools
Interval

Events in this range
  • Nov 6, 2024Earnings: -0.04; estimate -0.96; surprise 95.83%
  • Nov 12, 2024Rating: Keefe, Bruyette & Woods · Underperform → Underperform
  • Nov 15, 2024Rating: UBS · Buy → Buy
  • Dec 10, 2024Rating: Keefe, Bruyette & Woods · Underperform → Market Perform
  • Dec 31, 2024Dividend: 0.05
  • Feb 12, 2025Earnings: —; estimate -1.51; surprise —%
  • Apr 1, 2025Dividend: 0.05
  • Jul 1, 2025Dividend: 0.05
  • Oct 1, 2025Dividend: 0.05
  • Dec 30, 2025Dividend: 0.05
  • Apr 1, 2026Dividend: 0.05
  • Jul 1, 2026Dividend: 0.05
  • Oct 1, 2026Dividend: 0.01
  • Oct 6, 2026Split: 1 for 10
Signals (107)
NameDateAgo
MACD: Buy SignalOct 27, 20264 days ago
RSI: OversoldOct 7, 20263 weeks ago
MACD: Sell SignalOct 5, 20263 weeks ago
RSI: OversoldOct 2, 20264 weeks ago
MACD: Buy SignalSep 24, 20261 month ago
RSI: OversoldSep 18, 20261 month ago
MACD: Sell SignalSep 10, 20261 month ago
RSI: OversoldSep 10, 20261 month ago
MACD: Buy SignalSep 4, 20261 month ago
RSI: OversoldSep 1, 20262 months ago
RSI: OversoldAug 24, 20262 months ago
RSI: OversoldAug 18, 20262 months ago
MACD: Sell SignalAug 7, 20262 months ago
SMA: BearishAug 6, 20262 months ago
SMA: BullishJul 31, 20263 months ago
MACD: Buy SignalJul 31, 20263 months ago
MACD: Sell SignalJul 9, 20263 months ago
SMA: BearishJul 8, 20263 months ago
SMA: BullishJun 29, 20264 months ago
MACD: Buy SignalJun 29, 20264 months ago
SMA: BearishJun 15, 20264 months ago
MACD: Sell SignalJun 15, 20264 months ago
SMA: BullishJun 11, 20264 months ago
SMA: BearishJun 10, 20264 months ago
SMA: BullishMay 27, 20265 months ago
MACD: Buy SignalMay 26, 20265 months ago
MACD: Sell SignalMay 12, 20265 months ago
SMA: BearishMay 8, 20265 months ago
SMA: BullishMay 7, 20265 months ago
MACD: Buy SignalMay 6, 20265 months ago
MACD: Sell SignalMay 5, 20265 months ago
MACD: Buy SignalApr 6, 20266 months ago
MACD: Sell SignalApr 1, 20267 months ago
RSI: OversoldApr 1, 20267 months ago
MACD: Buy SignalMar 30, 20267 months ago
MACD: Sell SignalMar 27, 20267 months ago
MACD: Buy SignalMar 26, 20267 months ago
MACD: Sell SignalMar 23, 20267 months ago
MACD: Buy SignalMar 20, 20267 months ago
MACD: Sell SignalMar 16, 20267 months ago
RSI: OversoldMar 12, 20267 months ago
MACD: Buy SignalMar 3, 20268 months ago
RSI: OversoldFeb 23, 20268 months ago
RSI: OversoldFeb 17, 20268 months ago
MACD: Sell SignalFeb 13, 20268 months ago
MACD: Buy SignalFeb 10, 20268 months ago
MACD: Sell SignalJan 28, 20269 months ago
MACD: Buy SignalJan 15, 20269 months ago
RSI: OversoldJan 9, 20269 months ago
RSI: OversoldJan 5, 20269 months ago
SMA: BearishDec 15, 202510 months ago
MACD: Sell SignalDec 12, 202510 months ago
SMA: BearishDec 10, 202510 months ago
SMA: BullishDec 5, 202511 months ago
SMA: BearishDec 4, 202511 months ago
SMA: BullishDec 2, 202511 months ago
SMA: BearishDec 1, 202511 months ago
SMA: BullishNov 28, 202511 months ago
SMA: BullishNov 25, 202511 months ago
MACD: Buy SignalNov 25, 202511 months ago
SMA: BearishNov 20, 202511 months ago
MACD: Sell SignalNov 20, 202511 months ago
MACD: Buy SignalNov 6, 202511 months ago
SMA: BullishNov 5, 202512 months ago
SMA: BearishNov 4, 202512 months ago
MACD: Sell SignalNov 3, 202512 months ago
MACD: Buy SignalOct 24, 20251 year ago
SMA: BullishOct 20, 20251 year ago
SMA: BearishOct 17, 20251 year ago
RSI: OversoldOct 17, 20251 year ago
SMA: BearishOct 6, 20251 year ago
MACD: Sell SignalSep 19, 20251 year ago
MACD: Buy SignalSep 18, 20251 year ago
MACD: Sell SignalSep 16, 20251 year ago
MACD: Buy SignalAug 29, 20251 year ago
SMA: BullishAug 22, 20251 year ago
SMA: BearishAug 21, 20251 year ago
MACD: Sell SignalAug 21, 20251 year ago
MACD: Buy SignalAug 6, 20251 year ago
SMA: BullishAug 4, 20251 year ago
SMA: BearishAug 1, 20251 year ago
SMA: BullishJul 31, 20251 year ago
SMA: BearishJul 30, 20251 year ago
MACD: Sell SignalJul 30, 20251 year ago
MACD: Buy SignalJul 24, 20251 year ago
SMA: BullishJul 22, 20251 year ago
SMA: BearishJul 18, 20251 year ago
MACD: Sell SignalJun 27, 20251 year ago
MACD: Buy SignalJun 26, 20251 year ago
MACD: Sell SignalJun 11, 20251 year ago
SMA: BullishMay 13, 20251 year ago
MACD: Buy SignalApr 28, 20251 year ago
RSI: OversoldApr 25, 20251 year ago
RSI: OversoldApr 10, 20251 year ago
RSI: OversoldApr 3, 20251 year ago
RSI: OversoldApr 1, 20251 year ago
MACD: Sell SignalMar 25, 20251 year ago
SMA: BearishMar 18, 20251 year ago
SMA: BullishMar 17, 20251 year ago
MACD: Buy SignalMar 17, 20251 year ago
SMA: BearishMar 3, 20251 year ago
SMA: BullishFeb 28, 20251 year ago
MACD: Sell SignalFeb 19, 20251 year ago
SMA: BearishFeb 14, 20251 year ago
SMA: BullishFeb 10, 20251 year ago
MACD: Buy SignalJan 16, 20251 year ago
RSI: OversoldJan 13, 20251 year ago

Key statistics

Market cap
142.88M
Enterprise value
1.64B
Trailing P/E
0.00
Forward P/E
-2.89
PEG ratio
0.00
Price / sales
-1.02
Price / book
0.21
EPS (TTM)
-3.86
Beta
1.82
Dividend yield
6.83%
Payout ratio
588.24%
Profit margin
0.00%
Revenue (TTM)
-140.09M
Revenue growth
0.00%
Free cash flow
0
Total cash
113.46M
Total debt
1.61B
Return on equity
-23.31%
Shares outstanding
49.96M
Short % of float
2.17%
50-day average
3.21
200-day average
3.35

Analyst view

Consensus: buy

Buy
Price target (mean) 3.75 -12.2% downside
Target (low)
3.25
Target (mean)
3.75
Target (high)
4.00
Ratings (0m) 4 2 buy · 2 hold · 0 sell
  • Strong buy1
  • Buy1
  • Hold2
  • Sell0
  • Strong sell0

Next earnings

Feb 12, 2025

Expected Feb 12, 2025. Consensus EPS estimate -0.18.

Earnings history

Financials — quick view

All financials
GPMT Revenue — quarterly -38.71M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
GPMT Net income — quarterly -58.41M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
GPMT EPS — quarterly -12.90
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

GPMT recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Feb 12, 2025Dec 1, 2024-1.51———
Nov 6, 2024Sep 1, 2024-0.96-0.04+0.92+95.83%
Aug 5, 2024Jun 1, 2024-0.08-0.05+0.03+37.50%
May 7, 2024Mar 1, 20240.10-0.03-0.13-130.00%
Feb 14, 2024Dec 1, 2023-0.420.14+0.56+133.33%
Nov 7, 2023Sep 1, 20230.180.180.000.00%

Upgrades / downgrades

GPMT analyst upgrades and downgrades
DateFirmActionFromTo
Dec 10, 2024Keefe, Bruyette & WoodsupUnderperformMarket Perform
Nov 15, 2024UBSmainBuyBuy
Nov 12, 2024Keefe, Bruyette & WoodsmainUnderperformUnderperform
Aug 12, 2024Keefe, Bruyette & WoodsmainUnderperformUnderperform
Jul 10, 2024Keefe, Bruyette & WoodsmainUnderperformUnderperform
Apr 10, 2024Keefe, Bruyette & WoodsmainUnderperformUnderperform

About Granite Point Mortgage Trust Inc.

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. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2015 and is headquartered in New York, New York.

Sector
Real Estate
Industry
REIT - Mortgage
Country
United States
Website
gpmtreit.com

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Insider holders

GPMT insider holders
InsiderRelationLatest transactionDateShares held
ALPART STEPHENChief Investment OfficerConversion of Exercise of derivative securityMar 14, 2024171,513
DEHNE TANUJA M.DirectorSaleJun 4, 202450,710
KARBER MICHAEL J.General CounselConversion of Exercise of derivative securityMar 14, 202443,658
KASNET STEPHEN GARFIELDDirectorSaleJun 4, 2024121,378
MCGRATH SHEILA K.DirectorConversion of Exercise of derivative securityMay 30, 202429,747
PLUST STEVENChief Operating OfficerConversion of Exercise of derivative securityMar 14, 2024225,259

Institution ownership

GPMT institution ownership
Holder% heldSharesValueReported
Blackrock Inc.10.73%5,362,70215.34MSep 29, 2024
Vanguard Group Inc5.72%2,856,1528.17MSep 29, 2024
Hotchkis & Wiley Capital Management, LLC2.66%1,330,3473.80MSep 29, 2024
Morgan Stanley2.57%1,283,5513.67MSep 29, 2024
Geode Capital Management, LLC2.36%1,177,8403.37MSep 29, 2024
State Street Corporation2.17%1,083,9883.10MSep 29, 2024

Fund ownership

GPMT fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund3.19%1,595,0754.56MSep 29, 2024
iShares Russell 2000 ETF2.67%1,334,8373.82MOct 30, 2024
Vanguard Extended Market Index Fund1.75%871,7772.49MSep 29, 2024
iShares Mortgage Real Estate ETF1.58%787,9362.25MOct 30, 2024
Fidelity Small Cap Index Fund1.06%529,2381.51MAug 30, 2024
iShares Russell 2000 Value ETF1.01%504,9691.44MOct 30, 2024
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