GPMT.PRA 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.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
Granite Point Mortgage Trust Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$16.01 |
| 52 Week High | US$18.31 |
| 52 Week Low | US$15.67 |
| Beta | 1.8 |
| 11 Month Change | -1.72% |
| 3 Month Change | -10.48% |
| 1 Year Change | -8.98% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -35.96% |
Recent News & Updates
Recent updates
Shareholder Returns
| GPMT.PRA | US Mortgage REITs | US Market | |
|---|---|---|---|
| 7D | -2.2% | -2.4% | 0.04% |
| 1Y | -9.0% | -6.5% | 20.7% |
Return vs Industry: GPMT.PRA underperformed the US Mortgage REITs industry which returned -6.5% over the past year.
Return vs Market: GPMT.PRA underperformed the US Market which returned 20.7% over the past year.
Price Volatility
| GPMT.PRA volatility | |
|---|---|
| GPMT.PRA Average Weekly Movement | 2.0% |
| Mortgage REITs Industry Average Movement | 3.8% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in US Market | 15.3% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: GPMT.PRA has not had significant price volatility in the past 3 months.
Volatility Over Time: GPMT.PRA's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | 36 | Jack Taylor | 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
| GPMT.PRA fundamental statistics | |
|---|---|
| Market cap | US$151.57m |
| Earnings (TTM) | -US$117.90m |
| Revenue (TTM) | n/a |
-2.4x
P/S Ratio-1.3x
P/E RatioIs GPMT.PRA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GPMT.PRA income statement (TTM) | |
|---|---|
| Revenue | -US$62.20m |
| Cost of Revenue | US$5.31m |
| Gross Profit | -US$67.52m |
| Other Expenses | US$50.39m |
| Earnings | -US$117.90m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -2.31 |
| Gross Margin | 108.54% |
| Net Profit Margin | 189.54% |
| Debt/Equity Ratio | 247.6% |
How did GPMT.PRA perform over the long term?
See historical performance and comparisonDividends
20.2%
Current Dividend Yield-33%
Payout RatioDoes GPMT.PRA pay a reliable dividends?
See GPMT.PRA dividend history and benchmarks| Granite Point Mortgage Trust dividend dates | |
|---|---|
| Ex Dividend Date | Jul 01 2024 |
| Dividend Pay Date | Jul 15 2024 |
| Days until Ex dividend | 1 day |
| Days until Dividend pay date | 15 days |
Does GPMT.PRA pay a reliable dividends?
See GPMT.PRA dividend history and benchmarks