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Granite Point Mortgage Trust NYSE:GPMT.PRA Stock Report

Last Price

US$17.45

Market Cap

US$175.9m

7D

-0.2%

1Y

5.5%

Updated

24 Nov, 2024

Data

Company Financials +

Granite Point Mortgage Trust Inc.

NYSE:GPMT.PRA Stock Report

Market Cap: US$175.9m

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. More details

GPMT.PRA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
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$17.45
52 Week HighUS$18.31
52 Week LowUS$15.38
Beta1.82
11 Month Change5.06%
3 Month Change8.18%
1 Year Change5.53%
33 Year Change-30.20%
5 Year Changen/a
Change since IPO-30.20%

Recent News & Updates

Recent updates

Shareholder Returns

GPMT.PRAUS Mortgage REITsUS Market
7D-0.2%1.5%2.2%
1Y5.5%1.4%31.6%

Return vs Industry: GPMT.PRA exceeded the US Mortgage REITs industry which returned 1.4% over the past year.

Return vs Market: GPMT.PRA underperformed the US Market which returned 31.7% over the past year.

Price Volatility

Is GPMT.PRA's price volatile compared to industry and market?
GPMT.PRA volatility
GPMT.PRA Average Weekly Movement2.8%
Mortgage REITs Industry Average Movement3.4%
Market Average Movement6.3%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: GPMT.PRA has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: GPMT.PRA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201536Jack Taylorwww.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?
GPMT.PRA fundamental statistics
Market capUS$175.85m
Earnings (TTM)-US$195.63m
Revenue (TTM)n/a

-1.3x

P/S Ratio

-0.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GPMT.PRA income statement (TTM)
Revenue-US$140.09m
Cost of RevenueUS$5.26m
Gross Profit-US$145.35m
Other ExpensesUS$50.29m
Earnings-US$195.63m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-3.92
Gross Margin103.75%
Net Profit Margin139.65%
Debt/Equity Ratio240.6%

How did GPMT.PRA perform over the long term?

See historical performance and comparison

Dividends

5.7%

Current Dividend Yield

-12%

Payout Ratio