Granite Point Mortgage Trust Inc.

NYSE:GPMT Stock Report

Market Cap: US$217.9m

Granite Point Mortgage Trust Future Growth

Future criteria checks 5/6

Granite Point Mortgage Trust is forecast to grow earnings and revenue by 153.2% and 62.8% per annum respectively. EPS is expected to grow by 134.7% per annum. Return on equity is forecast to be 4.9% in 3 years.

Key information

153.2%

Earnings growth rate

134.7%

EPS growth rate

Mortgage REITs earnings growth40.7%
Revenue growth rate62.8%
Future return on equity4.9%
Analyst coverage

Low

Last updated11 Apr 2024

Recent future growth updates

Recent updates

Granite Point Mortgage Trust: Write-Offs Are Accelerating

Mar 15

Granite Point Mortgage Trust: Precarious 64% Discount To Book Value And 17% Dividend Yield

Feb 20

Granite Point Mortgage Trust: Hard To Recommend Even At Large Discounts To Book Value

Feb 02

Granite Point Mortgage Offers An 11% Yield On Its Preferred Shares

Oct 29

I've Sold My Granite Point Mortgage Trust Position And Won't Re-Enter

Oct 12

Granite Point Mortgage Trust: At Risk Of A Dividend Cut

Jul 31

Granite Point Mortgage Trust Non-GAAP EPS of -$0.16 beats by $0.01, net interest income of $20.98M beats by $2.27M

Feb 23

Granite Point Mortgage Trust decrease quarterly dividend by -20% to $0.20/share

Dec 20

Granite Point Mortgage Trust Now Offers A 15% Yield - But For How Much Longer?

Nov 13

Granite Point Mortgage Trust goes ex dividend tomorrow

Sep 29

Granite Point Mortgage's Preferred Shares Offer A 10% Yield To Call

Aug 18

9.3%-Yielding Granite Point Mortgage Is Flying Under The Radar

Aug 02

Granite Point Mortgage Is Now Yielding 9.9% - Who's Buying?

May 21

Granite Point Mortgage: The 7.5% Yielding Preferred Shares Are Getting Attractive

Apr 15

Granite Point Mortgage Issues An Interesting 7% Preferred Share

Nov 24

Granite Point Mortgage: 7.4% Yield, 22% Discount

Aug 27

6.6% Yield, 81% Payout: Granite Point Mortgage Is An Undervalued Gem

Jun 14

Granite Point Mortgage Trust Inc. 2021 Q1 - Results - Earnings Call Presentation

May 07

Earnings and Revenue Growth Forecasts

NYSE:GPMT - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202674N/AN/AN/A1
12/31/20257612N/AN/A3
12/31/202465-3N/AN/A3
12/31/2023-23-785252N/A
9/30/2023-14-706161N/A
6/30/2023-20-766363N/A
3/31/2023-27-945656N/A
12/31/202216-555959N/A
9/30/202237-395656N/A
6/30/20228295252N/A
3/31/202296415656N/A
12/31/2021113686060N/A
9/30/2021124842929N/A
6/30/2021136411919N/A
3/31/2021133257777N/A
12/31/202072-412020N/A
9/30/202065-464848N/A
6/30/202052-46666N/A
3/31/2020601644N/A
12/31/2019110706262N/A
9/30/2019106696464N/A
6/30/2019103685959N/A
3/31/201998656363N/A
12/31/201894636262N/A
9/30/201890606060N/A
6/30/201885555454N/A
3/31/201880402929N/A
12/31/201775263030N/A
9/30/20177024N/A24N/A
6/30/20176522N/A23N/A
3/31/20175829N/A42N/A
12/31/20165035N/A36N/A
12/31/201590N/A3N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GPMT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

Earnings vs Market: GPMT is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: GPMT is expected to become profitable in the next 3 years.

Revenue vs Market: GPMT's revenue (62.8% per year) is forecast to grow faster than the US market (8.2% per year).

High Growth Revenue: GPMT's revenue (62.8% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: GPMT's Return on Equity is forecast to be low in 3 years time (4.9%).

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