G18 Stock Overview 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. More details
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Add noteGranite Point Mortgage Trust Inc. Competitors Price History & Performance
Summary of share price highs, lows and changes for Granite Point Mortgage Trust Historical stock prices Current Share Price US$2.86 52 Week High US$4.84 52 Week Low US$2.16 Beta 1.89 1 Month Change 7.52% 3 Month Change 7.52% 1 Year Change -39.66% 3 Year Change -70.96% 5 Year Change n/a Change since IPO -40.66%
Recent News & Updates
Granite Point Mortgage Trust Inc. to Report Fiscal Year 2024 Results on Feb 13, 2025 Jan 30
Granite Point Mortgage Trust Inc. Announces Board Appointments Jan 16
Granite Point Mortgage Trust Inc. Announces Executive Changes Jan 07
Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2024 Common Stock Dividend, Payable on January 15, 2025 Dec 20
New minor risk - Profitability Nov 12
Third quarter 2024 earnings released: US$0.61 loss per share (vs US$0.48 loss in 3Q 2023) Nov 08 See more updates
Granite Point Mortgage Trust Inc. to Report Fiscal Year 2024 Results on Feb 13, 2025 Jan 30
Granite Point Mortgage Trust Inc. Announces Board Appointments Jan 16
Granite Point Mortgage Trust Inc. Announces Executive Changes Jan 07
Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2024 Common Stock Dividend, Payable on January 15, 2025 Dec 20
New minor risk - Profitability Nov 12
Third quarter 2024 earnings released: US$0.61 loss per share (vs US$0.48 loss in 3Q 2023) Nov 08
Granite Point Mortgage Trust Inc. to Report Q3, 2024 Results on Nov 06, 2024 Oct 24
Second quarter dividend of US$0.05 announced Sep 30
Granite Point Mortgage Trust Inc. Announces CFO Changes, Effective from December 1, 2024 Aug 27
Granite Point Mortgage Trust Inc. Announces CFO Changes, Effective from December 1, 2024 Aug 26
Second quarter 2024 earnings released: US$1.31 loss per share (vs US$0.019 profit in 2Q 2023) Aug 06
Granite Point Mortgage Trust Inc. to Report Q2, 2024 Results on Aug 05, 2024 Jul 24
First quarter dividend of US$0.05 announced Jun 24
Granite Point Mortgage Trust Inc. Announces Second Quarter 2024 Common Stock Dividends, Payable on July 15, 2024 Jun 19
First quarter 2024 earnings released: US$1.53 loss per share (vs US$0.72 loss in 1Q 2023) May 08
Granite Point Mortgage Trust Inc. to Report Q1, 2024 Results on May 07, 2024 Apr 24
Upcoming dividend of US$0.15 per share Mar 21
Fourth quarter dividend of US$0.15 announced Mar 18
Granite Point Mortgage Trust Inc. Declares Cash Dividend for the First Quarter of 2024, Payable on April 15, 2024 Mar 15
Granite Point Mortgage Trust Inc., Annual General Meeting, Jun 06, 2024 Mar 06
Full year 2023 earnings released: US$1.50 loss per share (vs US$1.04 loss in FY 2022) Mar 04
Full year 2023 earnings released: US$1.50 loss per share (vs US$1.04 loss in FY 2022) Feb 16
Granite Point Mortgage Trust Inc. to Report Q4, 2023 Results on Feb 14, 2024 Feb 03
Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2023 Cash Dividend on Common Stock Payable on January 16, 2024 Dec 20
VP, CFO recently bought €65k worth of stock Nov 15
Third quarter 2023 earnings released: US$0.48 loss per share (vs US$0.56 loss in 3Q 2022) Nov 08
Granite Point Mortgage Trust Inc. to Report Q3, 2023 Results on Nov 07, 2023 Oct 26
Granite Point Mortgage Trust Inc. Declares Cash Dividend for the Third Quarter of 2023, Payable on October 16, 2023 Sep 21
Granite Point Mortgage Trust Inc. to Report Q2, 2023 Results on Aug 08, 2023 Jul 28
Granite Point Mortgage Trust Inc. Announces Second Quarter 2023 Common Stock Dividend, Payable on July 17, 2023 Jun 23
First quarter 2023 earnings released: US$0.72 loss per share (vs US$0.019 profit in 1Q 2022) May 10
Upcoming dividend of US$0.20 per share at 17% yield Mar 24
Full year 2022 earnings released: US$1.04 loss per share (vs US$1.24 profit in FY 2021) Feb 26
Granite Point Mortgage Trust Inc. to Report Q4, 2022 Results on Feb 23, 2023 Feb 16
Granite Point Mortgage Trust Inc. Appoints Sheila K. McGrath as Independent Member of Board of Directors Jan 10
Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2022 Common Stock Dividends, Payable on January 17, 2023 Dec 21
Insufficient new directors Nov 16
Third quarter 2022 earnings released: US$0.56 loss per share (vs US$0.34 profit in 3Q 2021) Nov 10
Investor sentiment improved over the past week Nov 01
Granite Point Mortgage Trust Inc. to Report Q3, 2022 Results on Nov 08, 2022 Oct 26
Investor sentiment deteriorated over the past week Oct 04
Granite Point Mortgage Trust Inc. Announces Cash Dividend, Payable on October 17, 2022 Sep 22
Second quarter 2022 earnings released: US$0.32 loss per share (vs US$0.26 profit in 2Q 2021) Aug 09
Granite Point Mortgage Trust Inc. to Report Q2, 2022 Results on Aug 08, 2022 Jul 26
Upcoming dividend of US$0.25 per share Jun 23
Investor sentiment deteriorated over the past week Jun 18
Granite Point Mortgage Trust Inc. Declares Quarterly Cash Dividend for the Second Quarter of 2022, Payable on July 15, 2022 Jun 17
Insufficient new directors Jun 07
First quarter 2022 earnings released: EPS: US$0.019 (vs US$0.51 in 1Q 2021) May 11
Now 20% undervalued after recent price drop Apr 19
Upcoming dividend of US$0.25 per share Mar 24
Now 20% undervalued after recent price drop Mar 09
Granite Point Mortgage Trust Inc., Annual General Meeting, Jun 02, 2022 Mar 03
Granite Point Mortgage Trust Inc. to Report Q4, 2021 Results on Feb 24, 2022 Feb 15
Now 20% undervalued after recent price drop Jan 29
Upcoming dividend of US$0.25 per share Dec 23
Upcoming dividend of US$0.25 per share Sep 23
Independent Director recently bought €93k worth of stock Aug 25
VP & COO recently bought €88k worth of stock Aug 13
Second quarter 2021 earnings released: EPS US$0.26 (vs US$0.032 loss in 2Q 2020) Aug 10
Independent Director Martin Kamarck has left the company Jun 09
President recently bought €105k worth of stock May 26
First quarter 2021 earnings released: EPS US$0.51 (vs US$0.68 loss in 1Q 2020) May 08
Upcoming dividend of US$0.25 per share Mar 24
Granite Point Mortgage Trust Inc. Announces Martin A. Kamarck Not Stand for Re-election to the Board Mar 21
Granite Point Mortgage Trust Inc. Announces First Quarter 2021 Common Stock Dividend, Payable on April 19, 2021 Mar 19
Full year 2020 earnings released: US$0.73 loss per share (vs US$1.32 profit in FY 2019) Mar 06
Granite Point Mortgage Trust Inc., Annual General Meeting, Jun 01, 2021 Feb 27
Granite Point Mortgage Trust Inc. to Report Q4, 2020 Results on Mar 04, 2021 Feb 19
New 90-day high: €8.50 Feb 16
New 90-day high: €6.85 Nov 11
Revenue beats expectations Nov 11
Third quarter 2020 earnings released: US$0.45 loss per share Nov 11
Granite Point Mortgage Trust Inc. to Report Q3, 2020 Results on Nov 09, 2020 Oct 28
Granite Point Mortgage Trust Inc. Appoints Devin Chen to the Board of Directors Oct 27
New 90-day low: €4.80 Sep 25
New 90-day low - €5.35 Sep 08
First half earnings released Aug 12
Granite Point Mortgage Trust Inc. to Report Q2, 2020 Results on Aug 10, 2020 Jul 31
Granite Point Mortgage Trust Inc.(NYSE:GPMT) dropped from Russell 2000 Value-Defensive Index Jul 03 Shareholder Returns G18 DE Mortgage REITs DE Market 7D 5.9% 1.7% -0.02% 1Y -39.7% 2.4% 15.1%
See full shareholder returns
Return vs Market: G18 underperformed the German Market which returned 15.3% over the past year.
Price Volatility Is G18's price volatile compared to industry and market? G18 volatility G18 Average Weekly Movement 6.0% Mortgage REITs Industry Average Movement 3.3% Market Average Movement 4.8% 10% most volatile stocks in DE Market 11.3% 10% least volatile stocks in DE Market 2.4%
Stable Share Price: G18 has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: G18's weekly volatility (6%) has been stable over the past year.
About the Company 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.
Show more Granite Point Mortgage Trust Inc. Fundamentals Summary How do Granite Point Mortgage Trust's earnings and revenue compare to its market cap? G18 fundamental statistics Market cap €146.07m Earnings (TTM ) -€189.41m Revenue (TTM ) n/a
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) G18 income statement (TTM ) Revenue -US$140.09m Cost of Revenue US$5.26m Gross Profit -US$145.35m Other Expenses US$50.29m Earnings -US$195.63m
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 13, 2025
Earnings per share (EPS) -3.92 Gross Margin 103.75% Net Profit Margin 139.65% Debt/Equity Ratio 240.6%
How did G18 perform over the long term?
See historical performance and comparison Dividends
6.7% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/02/07 05:32 End of Day Share Price 2025/02/07 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more .
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Analyst Sources Granite Point Mortgage Trust Inc. is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution null null Argus Research Company Kenneth Bruce BofA Global Research Benjamin Zucker BTIG
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