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Granite Point Mortgage Trust DB:G18 Stock Report

Last Price

€4.44

Market Cap

€229.8m

7D

2.8%

1Y

-1.8%

Updated

26 Mar, 2024

Data

Company Financials +

Granite Point Mortgage Trust Inc.

DB:G18 Stock Report

Market Cap: €229.8m

G18 Stock Overview

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.

G18 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health3/6
Dividends3/6

Granite Point Mortgage Trust Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Granite Point Mortgage Trust
Historical stock prices
Current Share PriceUS$4.44
52 Week HighUS$5.80
52 Week LowUS$3.60
Beta1.82
1 Month Change4.23%
3 Month Change-21.42%
1 Year Change-1.77%
3 Year Change-57.31%
5 Year Changen/a
Change since IPO-7.88%

Recent News & Updates

Recent updates

Shareholder Returns

G18DE Mortgage REITsDE Market
7D2.8%1.0%1.9%
1Y-1.8%5.7%7.3%

Return vs Industry: G18 underperformed the German Mortgage REITs industry which returned 7% over the past year.

Return vs Market: G18 underperformed the German Market which returned 6.4% over the past year.

Price Volatility

Is G18's price volatile compared to industry and market?
G18 volatility
G18 Average Weekly Movement5.5%
Mortgage REITs Industry Average Movement4.2%
Market Average Movement4.8%
10% most volatile stocks in DE Market10.1%
10% least volatile stocks in DE Market2.4%

Stable Share Price: G18's share price has been volatile over the past 3 months.

Volatility Over Time: G18's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201536Jack Taylorhttps://www.gpmtreit.com

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.

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€229.80m
Earnings (TTM)-€71.69m
Revenue (TTM)n/a

-10.7x

P/S Ratio

-3.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
G18 income statement (TTM)
Revenue-US$22.67m
Cost of RevenueUS$5.31m
Gross Profit-US$27.99m
Other ExpensesUS$49.66m
Earnings-US$77.65m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.53
Gross Margin123.43%
Net Profit Margin342.47%
Debt/Equity Ratio227.1%

How did G18 perform over the long term?

See historical performance and comparison

Dividends

16.7%

Current Dividend Yield

-53%

Payout Ratio

Does G18 pay a reliable dividends?

See G18 dividend history and benchmarks
When do you need to buy G18 by to receive an upcoming dividend?
Granite Point Mortgage Trust dividend dates
Ex Dividend DateMar 28 2024
Dividend Pay DateApr 15 2024
Days until Ex dividend1 day
Days until Dividend pay date19 days

Does G18 pay a reliable dividends?

See G18 dividend history and benchmarks
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