3.58

3.17% 0.11

After Hours: 3.58

Granite Point Mortgage Trust Inc (GPMT)

Overview News Price History Option Chain Discussions Forecast Dividend History

Granite Point Mortgage Trust Inc stock is traded at $3.58, with a volume of 363.06K. It is up +3.17% in the last 24 hours and up +19.73% over the past month. Granite Point Mortgage Trust Inc focuses on directly originating, investing in, and managing senior floating rate commercial mortgage loans and other debt and debt-like commercial real estate investments. The company constructs its investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting, selectivity, and diversification, and assesses each investment from a fundamental value perspective relative to other opportunities available in the market. It typically provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancing, and a range of business plans, including lease-up, renovation, repositioning, and repurposing of the property.

Previous Close:

$3.47

Open:

$3.51

24h Volume:

363.06K

Relative Volume:

0.92

Market Cap:

$181.85M

Revenue:

$70.20M

Net Income/Loss:

$-103.49M

P/E Ratio:

-2.4861

EPS:

-1.44

Net Cash Flow:

$43.28M

1W Performance:

+3.17%

1M Performance:

+19.73%

6M Performance:

+16.61%

1Y Performance:

-31.94%

1-Day Range:

$3.51

$3.66

1-Week Range:

$3.45

$3.66

52-Week Range:

$2.46

$6.405

Granite Point Mortgage Trust Inc Stock (GPMT) Company Profile

Name

Granite Point Mortgage Trust Inc

Sector

Real Estate (270)

Industry

REIT - Mortgage (40)

Phone

(212) 364-5500

Address

3 BRYANT PARK, NEW YORK, NY

Employee

Twitter

Next Earnings Date

2024-11-06

Latest SEC Filings

GPMT's Discussions on Twitter

Compare GPMT with other stocks

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
GPMT Granite Point Mortgage Trust Inc	3.58	181.85M	70.20M	-103.49M	43.28M	-1.44
NLY Annaly Capital Management Inc	19.82	11.05B	296.96M	116.11M	181.15M	-4.69
AGNC Agnc Investment Corp	9.76	8.62B	1.26B	1.15B	-24.00M	0.37
STWD Starwood Property Trust Inc	20.30	6.85B	974.89M	350.62M	452.49M	1.75
RITM Rithm Capital Corporation	11.18	5.85B	2.32B	576.20M	-1.60B	1.45
BXMT Blackstone Mortgage Trust Inc	19.24	3.31B	532.49M	-243.66M	393.07M	1.14

Granite Point Mortgage Trust Inc Stock (GPMT) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Feb-20-24	Downgrade	JMP Securities	Mkt Outperform → Mkt Perform
Dec-06-23	Initiated	UBS	Buy
Dec-15-22	Downgrade	Keefe Bruyette	Mkt Perform → Underperform
May-14-21	Upgrade	Credit Suisse	Neutral → Outperform
Mar-26-20	Upgrade	JMP Securities	Mkt Perform → Mkt Outperform
Jan-08-20	Initiated	Credit Suisse	Neutral
Jan-02-20	Downgrade	JMP Securities	Mkt Outperform → Mkt Perform
Aug-14-19	Downgrade	Raymond James	Strong Buy → Outperform
Jan-16-19	Downgrade	JP Morgan	Overweight → Neutral
Oct-09-18	Initiated	BTIG Research	Neutral
Jul-30-18	Downgrade	Keefe Bruyette	Outperform → Mkt Perform
Mar-27-18	Initiated	Citigroup	Neutral
Mar-27-18	Initiated	Raymond James	Strong Buy
Dec-08-17	Upgrade	Keefe Bruyette	Mkt Perform → Outperform

View All

Granite Point Mortgage Trust Inc Stock (GPMT) Latest News

Nov 27, 2024

Form N-CSR Eagle Point Enhanced For: Sep 30 - StreetInsider.com

Nov 27, 2024

Nov 25, 2024

GSA Capital Partners LLP Acquires 11,101 Shares of Granite Point Mortgage Trust Inc. (NYSE:GPMT) - Defense World

Nov 25, 2024

Atomera Incorporated (NASDAQ:ATOM) Shares Acquired by GSA Capital Partners LLP - Defense World

Nov 25, 2024

Nov 22, 2024

Granite Point Mortgage Trust (GPMT) Price Target Decreased by 7.14% to 5.53 - MSN

Nov 22, 2024

Nov 17, 2024

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

Nov 17, 2024

Short Interest in Granite Point Mortgage Trust Inc. (NYSE:GPMT) Drops By 11.3% - MarketBeat

Nov 17, 2024

Granite Point Mortgage Trust (NYSE:GPMT) Stock Price Expected to Rise, UBS Group Analyst Says - Defense World

Nov 17, 2024

Nov 14, 2024

Cisco Inks Long-Term Renewal at Maynard’s Mill & Main Campus - Connect CRE

Nov 14, 2024

Wolverine Asset Management LLC Takes Position in Granite Point Mortgage Trust Inc. (NYSE:GPMT) - MarketBeat

Nov 14, 2024

Nov 12, 2024

US Penny Stocks To Watch In November 2024 - Simply Wall St

Nov 12, 2024

Nov 10, 2024

Analyzing Granite Point Mortgage Trust (NYSE:GPMT) and Cyrela Brazil Realty S.A. Empreendimentos e Participações (OTCMKTS:CYRBY) - Defense World

Nov 10, 2024

Nov 09, 2024

Granite Point Mortgage Trust Inc. (NYSE:GPMT) Q3 2024 Earnings Call Transcript - Insider Monkey

Nov 09, 2024

Nov 08, 2024

Granite Point Mortgage Trust Third Quarter 2024 Earnings: Misses Expectations - Yahoo Finance

Nov 08, 2024