Granite Point Mortgage Trust Inc. GPMT
4.53 USD +0.08 (+1.91%)
Nov 4, 2026, 10:11 AM EST
4.46 Day range 4.60
4.19 52-week range 28.50
- YTD
- -81.15%
- 1 year
- -82.86%
- Market cap
- 22.02M
- Revenue (ttm)
- -140.09M
- EPS (ttm)
- -20.00
- Shares out
- 49.96M
- Forward P/E
- -2.89
- Dividend
- 0.20 (8.91%)
- Ex-dividend date
- Dec 30, 2024
- YTD return
- -81.15%
- 1-year return
- -82.86%
- Volume
- 6.14K
- Avg volume
- 35.07K
- Open
- 4.44
- Previous close
- 4.44
- Day's range
- 4.46 – 4.60
- 52-week range
- 4.19 – 28.50
- Beta
- 1.82
- Analysts
- Buy
- Price target
- 3.75 (-17.1%)
- Earnings date
- Feb 12, 2025
3M -10.18 (-69.73%)
Key statistics
- Enterprise value
- 1.64B
- PEG ratio
- 0.00
- Price / sales
- -1.02
- Price / book
- 0.21
- Dividend yield
- 6.83%
- Payout ratio
- 588.24%
- Revenue growth
- 0.00%
- Free cash flow
- 0
- Total cash
- 113.46M
- Total debt
- 1.61B
- Return on equity
- -23.31%
- 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 -17.1% downside
Now 4.53
- 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.
Financials — quick view
GPMT Revenue — quarterly -38.71M
GPMT Net income — quarterly -58.41M
GPMT EPS — quarterly -12.90
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Feb 12, 2025 | Dec 1, 2024 | -1.51 | — | — | — |
| Nov 6, 2024 | Sep 1, 2024 | -0.96 | -0.04 | +0.92 | +95.83% |
| Aug 5, 2024 | Jun 1, 2024 | -0.08 | -0.05 | +0.03 | +37.50% |
| May 7, 2024 | Mar 1, 2024 | 0.10 | -0.03 | -0.13 | -130.00% |
| Feb 14, 2024 | Dec 1, 2023 | -0.42 | 0.14 | +0.56 | +133.33% |
| Nov 7, 2023 | Sep 1, 2023 | 0.18 | 0.18 | 0.00 | 0.00% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Dec 10, 2024 | Keefe, Bruyette & Woods | up | Underperform | Market Perform |
| Nov 15, 2024 | UBS | main | Buy | Buy |
| Nov 12, 2024 | Keefe, Bruyette & Woods | main | Underperform | Underperform |
| Aug 12, 2024 | Keefe, Bruyette & Woods | main | Underperform | Underperform |
| Jul 10, 2024 | Keefe, Bruyette & Woods | main | Underperform | Underperform |
| Apr 10, 2024 | Keefe, Bruyette & Woods | main | Underperform | Underperform |
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
News
Granite Point Mortgage Trust Inc. Announces Dates for Third Quarter 2026 Earnings Release and Conference Call 
Granite Point Mortgage Trust Inc. Announces Completion of Reverse Stock Split 
Granite Point Mortgage Trust Announces 1-For-10 Reverse Stock Split, Effective Oct. 5 
Granite Point Mortgage Trust Inc. Announces Review of Alternatives to Enhance Stockholder Value and 1-for-10 Reverse Stock Split 
Granite Point Mortgage Trust Inc. Announces Third Quarter 2026 Common and Preferred Stock Dividends and Business Update and New Loan Resolution 
The Dividend Trap: These Mortgage REITs Paid Investors While Destroying Principal 
Palogic Value Fund Sends Letter to the Board of Granite Point Mortgage Trust 
Keefe, Bruyette & Woods Maintains Market Perform on Granite Point Mortgage Tr, Lowers Price Target to $1.25 
Granite Point Mortgage Trust Q2 Earnings Call Highlights 
Granite Point Mortgage Trust Inc. (GPMT) Q2 2026 Earnings Call Transcript
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| ALPART STEPHEN | Chief Investment Officer | Conversion of Exercise of derivative security | Mar 14, 2024 | 171,513 |
| DEHNE TANUJA M. | Director | Sale | Jun 4, 2024 | 50,710 |
| KARBER MICHAEL J. | General Counsel | Conversion of Exercise of derivative security | Mar 14, 2024 | 43,658 |
| KASNET STEPHEN GARFIELD | Director | Sale | Jun 4, 2024 | 121,378 |
| MCGRATH SHEILA K. | Director | Conversion of Exercise of derivative security | May 30, 2024 | 29,747 |
| PLUST STEVEN | Chief Operating Officer | Conversion of Exercise of derivative security | Mar 14, 2024 | 225,259 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 10.73% | 5,362,702 | 15.34M | Sep 29, 2024 |
| Vanguard Group Inc | 5.72% | 2,856,152 | 8.17M | Sep 29, 2024 |
| Hotchkis & Wiley Capital Management, LLC | 2.66% | 1,330,347 | 3.80M | Sep 29, 2024 |
| Morgan Stanley | 2.57% | 1,283,551 | 3.67M | Sep 29, 2024 |
| Geode Capital Management, LLC | 2.36% | 1,177,840 | 3.37M | Sep 29, 2024 |
| State Street Corporation | 2.17% | 1,083,988 | 3.10M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 3.19% | 1,595,075 | 4.56M | Sep 29, 2024 |
| iShares Russell 2000 ETF | 2.67% | 1,334,837 | 3.82M | Oct 30, 2024 |
| Vanguard Extended Market Index Fund | 1.75% | 871,777 | 2.49M | Sep 29, 2024 |
| iShares Mortgage Real Estate ETF | 1.58% | 787,936 | 2.25M | Oct 30, 2024 |
| Fidelity Small Cap Index Fund | 1.06% | 529,238 | 1.51M | Aug 30, 2024 |
| iShares Russell 2000 Value ETF | 1.01% | 504,969 | 1.44M | Oct 30, 2024 |