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Market Cap 289.06M P/E - EPS this Y 9.10% Ern Qtrly Grth -
Income -77.65M Forward P/E 8.01 EPS next Y 190.00% 50D Avg Chg 6.00%
Sales -22.67M PEG -2.93 EPS past 5Y -23.65% 200D Avg Chg -1.00%
Dividend 16.00% Price/Book 0.31 EPS next 5Y 4.91% 52W High Chg -47.00%
Recommedations 2.70 Quick Ratio 10.42 Shares Outstanding 50.79M 52W Low Chg 41.00%
Insider Own 2.46% ROA -2.01% Shares Float 49.49M Beta 1.82
Inst Own 55.18% ROE -6.86% Shares Shorted/Prior 474.48K/595.30K Price 5.61
Gross Margin - Profit Margin - Avg. Volume 611,272 Target Price 5.42
Oper. Margin 321.84% Earnings Date May 7 Volume 319,373 Change 0.18%
About Granite Point Mortgage Trust In

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.

Granite Point Mortgage Trust In News
03/23/24 Wall Street’s Favorite Penny Stocks? 7 Names That Could Make You Filthy Rich
03/14/24 Granite Point Mortgage Trust Inc. Announces First Quarter 2024 Common and Preferred Stock Dividends
03/05/24 Granite Point Mortgage Trust Inc. Announces 2024 Annual Meeting of Stockholders
02/16/24 Granite Point Mortgage Trust Inc. (NYSE:GPMT) Q4 2023 Earnings Call Transcript
02/15/24 New Strong Buy Stocks for February 15th
02/15/24 Best Income Stocks to Buy for February 15th
02/14/24 Granite Point Mortgage Trust (GPMT) Q4 Earnings Beat Estimates
02/14/24 Granite Point Mortgage Trust Inc. Reports Challenging Q4 and Full Year 2023 Amid Market Uncertainty
02/14/24 Granite Point Mortgage Trust Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Post Quarter-End Update
02/02/24 Granite Point Mortgage Trust Inc. Announces Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
01/31/24 Granite Point Mortgage Trust Inc. Announces 2023 Dividend Tax Information
12/27/23 Granite Point Mortgage Trust Inc. (NYSE:GPMT) is favoured by institutional owners who hold 56% of the company
04:48 PM Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2023 Common and Preferred Stock Dividends and Business Update
11/16/23 VP, CFO of Granite Point Mortgage Trust Marcin Urbaszek Buys 22% More Shares
11/09/23 Granite Point Mortgage Trust Inc. (NYSE:GPMT) Q3 2023 Earnings Call Transcript
11/09/23 Q3 2023 Granite Point Mortgage Trust Inc Earnings Call
11/07/23 Granite Point Mortgage Trust Inc. (GPMT) Reports Q3 2023 Results Amid Real Estate Market Headwinds
11/07/23 Granite Point Mortgage Trust Inc. Reports Third Quarter 2023 Financial Results and Post Quarter-End Update
10/30/23 Apollo Commerical Finance (ARI) Q3 Earnings and Revenues Miss Estimates
10/25/23 Granite Point Mortgage Trust Inc. Announces Dates for Third Quarter 2023 Earnings Release and Conference Call
GPMT Chatroom

User Image TickerDD_com Posted - 1 week ago

From 4/1/2024, looking back across 22 Month-Ends for GPMT, Percentage Change of Average Monthly Price had More Negatives (59%) while Percentage Change of Average Monthly Volume had All Positives (100%) $GPMT #GPMT #GPMTStock #TickerDD https://www.youtube.com/watch?v=yTQmh2PxD5c

User Image Avocado_smash Posted - 1 week ago

High dividend yield: $GNL $ACRE $IVR $GPMT $TPVG

User Image Avocado_smash Posted - 03/24/24

$SLG $UNIT $GPMT $CIB $O . Week of 03/25 Ex Dividend :

User Image Avocado_smash Posted - 1 month ago

$GPMT SOLD!

User Image MrTomstock Posted - 1 month ago

$GPMT looks like a good buying opportunity

User Image Stock_Titan Posted - 1 month ago

$GPMT Granite Point Mortgage Trust Inc. Announces 2024 Annual Meeting of Stockholders https://www.stocktitan.net/news/GPMT/granite-point-mortgage-trust-inc-announces-2024-annual-meeting-of-39e0bo9h85ht.html

User Image swingingtech Posted - 02/21/24

$GPMT https://wallstreetwaves.com/jmp-securities-downgrades-granite-point-mortgage-trust-gpmt/

User Image StonkTrader1256 Posted - 2 months ago

$GPMT I own call options here, but it feels increasingly likely they are going to cut the dividend unless something meaningful happens on resolving non accruals. They only earned ~$3.4m this quarter (check my math) excluding provisions / after preferred dividend which suggests a more sustainable dividend here is ~7 cents per quarter. I’m not in it for the dividend, and may buy more if they cut it, but just be cautious if you are here for the dividend. It is arguably unsustainable at today’s earnings levels. Best of luck to all.

User Image MrTomstock Posted - 2 months ago

$GPMT analyst lowered the price, and institutions keep buying more Maybe they know something

User Image Avocado_smash Posted - 2 months ago

$GPMT BOUGHT

User Image swingingtech Posted - 2 months ago

$OMF $TNET $GPMT https://wallstreetwaves.com/noteworthy-thursday-option-activity-omf-tnet-gpmt/

User Image MrTomstock Posted - 2 months ago

$GPMT quarterly earnings of $0.14 per share which beat the analyst consensus estimate of $(0.29) by 148.28 percent

User Image StockInvest_us Posted - 2 months ago

Signal alert: $GPMT - PivotPoint bottom https://stockinvest.us/l/KqloXNfle7

User Image epsguid Posted - 2 months ago

$GPMT reported earnings of $0.12, consensus was ($0.46) via @eWhispers #epsbeat http://eps.sh/d/gpmt

User Image Stock_Titan Posted - 2 months ago

$GPMT Granite Point Mortgage Trust Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Post Quarter-End Update https://www.stocktitan.net/news/GPMT/granite-point-mortgage-trust-inc-reports-fourth-quarter-and-full-mpdz7c3w3ro2.html

User Image MrTomstock Posted - 01/31/24

$GPMT if it keeps dropping could be a good time to buy more, looking for close to 5

User Image MarketPirate Posted - 01/24/24

$GPMT That candle was me. Lol. $9. πŸ’ͺπŸƒ

User Image STCKPRO Posted - 01/22/24

$GPMT NEW ARTICLE : Analysts Offer Insights on Real Estate Companies: Prologis (PLD), Granite Point Mortgage (GPMT) and Regency Centers (REG) https://stck.pro/news/GPMT/73486094/

User Image MrTomstock Posted - 3 months ago

$GPMT maybe another buying opportunity today

User Image Steve1B Posted - 3 months ago

$GPMT Started a position

User Image cctranscripts Posted - 3 months ago

BlackRock, Inc. just provided an update on share ownership of Granite Point Mortgage Trust Inc. https://www.conferencecalltranscripts.org/summary/?id=12851350 $GPMT

User Image AnonMav Posted - 3 months ago

Granite Point $GPMT eyes uptrend from double bottom, now at $5.75 aiming for $7+. Strong dividend of $0.80 with rising revenues. Earnings on the horizon in late February.

User Image VeganFish Posted - 3 months ago

$GPMT check out my post in Nov - San Diego and Minneapolis office is key. Based on Jan investor report - they have sold the San Diego office and provided new loan to buyers. The company has ample liquidity. Completed 1M quarterly share repurchase (on par with 2022). I’m expecting a positive news in Q1 earnings

User Image cctranscripts Posted - 3 months ago

Granite Point Mortgage Trust: Investor Presentation January 2024 https://www.conferencecalltranscripts.org/summary/?id=12838990 $GPMT

User Image Last10K Posted - 3 months ago

$GPMT just filed with the SEC a Regulated Disclosure and a Financial Exhibit https://last10k.com/sec-filings/GPMT/0001703644-24-000008.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=GPMT

User Image MarketPirate Posted - 12/28/23

$ARCC $GPMT $STWD $BOE πŸ’ͺπŸƒπŸ’°

User Image MarketPirate Posted - 12/26/23

$GPMT $STWD WAY undervalued, especially w/ rates coming down. πŸ’ͺπŸƒπŸ’°

User Image tickeron Posted - 12/25/23

A.I.dvisor made a bullish call on $GPMT, netting in a 26.99% gain over 2 months https://srnk.us/go/4951201

User Image MarketPirate Posted - 12/20/23

$GPMT $9. πŸ’ͺπŸƒπŸ’°

User Image Stock_Titan Posted - 4 months ago

$GPMT Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2023 Common and Preferred Stock Dividends and Business Update https://www.stocktitan.net/news/GPMT/granite-point-mortgage-trust-inc-announces-fourth-quarter-2023-m4i7oclxzooo.html

Analyst Ratings
Keefe, Bruyette & Woods Underperform Apr 10, 24
UBS Buy Mar 20, 24
JMP Securities Market Perform Feb 20, 24
Raymond James Outperform Feb 16, 24
UBS Buy Dec 6, 23
JMP Securities Market Outperform Aug 17, 23
Raymond James Outperform May 12, 23
Keefe, Bruyette & Woods Underperform Dec 15, 22
JMP Securities Market Outperform Dec 13, 22
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
TAYLOR JOHN A President and CEO President and CEO Nov 16 Buy 5.06 5,500 27,830 275,013 11/17/23
TAYLOR JOHN A President and CEO President and CEO Nov 14 Buy 5 8,957 44,783 269,513 11/16/23
URBASZEK MARCIN Chief Financial Offi.. Chief Financial Officer Nov 10 Buy 4.63 15,000 69,450 82,058 11/14/23