Granite Point Mortgage Trust Future Growth
Future criteria checks 2/6
Granite Point Mortgage Trust is forecast to grow earnings and revenue by 101.8% and 92.4% per annum respectively. EPS is expected to grow by 97.7% per annum. Return on equity is forecast to be -8.6% in 3 years.
Key information
101.8%
Earnings growth rate
97.7%
EPS growth rate
Mortgage REITs earnings growth | 49.7% |
Revenue growth rate | 92.4% |
Future return on equity | -8.6% |
Analyst coverage | Low |
Last updated | 18 Nov 2024 |
Recent future growth updates
Recent updates
Granite Point Mortgage's Improved Liquidity Brings Its 10% Yielding Preferreds Into Focus
Nov 18Granite Point Mortgage Trust: Office Distress Continues, Are The Preferreds Safe
Aug 19Granite Point: Downside Materialized, I'm Flipping Bullish
Jul 17Granite Point Mortgage Trust Is Facing Headwinds But I'm Holding The Discounted Preferreds
May 12Granite Point Mortgage Trust: Write-Offs Are Accelerating
Mar 15Granite Point Mortgage Trust: Precarious 64% Discount To Book Value And 17% Dividend Yield
Feb 20Granite Point Mortgage Trust: Hard To Recommend Even At Large Discounts To Book Value
Feb 02Granite Point Mortgage Offers An 11% Yield On Its Preferred Shares
Oct 29I've Sold My Granite Point Mortgage Trust Position And Won't Re-Enter
Oct 12Granite Point Mortgage Trust: At Risk Of A Dividend Cut
Jul 31Granite Point Mortgage Trust Non-GAAP EPS of -$0.16 beats by $0.01, net interest income of $20.98M beats by $2.27M
Feb 23Granite Point Mortgage Trust decrease quarterly dividend by -20% to $0.20/share
Dec 20Granite Point Mortgage Trust Now Offers A 15% Yield - But For How Much Longer?
Nov 13Granite Point Mortgage Trust goes ex dividend tomorrow
Sep 29Granite Point Mortgage's Preferred Shares Offer A 10% Yield To Call
Aug 189.3%-Yielding Granite Point Mortgage Is Flying Under The Radar
Aug 02Granite Point Mortgage Is Now Yielding 9.9% - Who's Buying?
May 21Granite Point Mortgage: The 7.5% Yielding Preferred Shares Are Getting Attractive
Apr 15Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 55 | 3 | N/A | N/A | 2 |
12/31/2025 | 42 | -25 | N/A | N/A | 3 |
12/31/2024 | 45 | -206 | N/A | N/A | 4 |
9/30/2024 | -140 | -196 | 18 | 18 | N/A |
6/30/2024 | -131 | -186 | 28 | 28 | N/A |
3/31/2024 | -62 | -118 | 43 | 43 | N/A |
12/31/2023 | -23 | -78 | 52 | 52 | N/A |
9/30/2023 | -14 | -72 | 61 | 61 | N/A |
6/30/2023 | -20 | -76 | 63 | 63 | N/A |
3/31/2023 | -27 | -94 | 56 | 56 | N/A |
12/31/2022 | 16 | -55 | 59 | 59 | N/A |
9/30/2022 | 37 | -39 | 56 | 56 | N/A |
6/30/2022 | 82 | 9 | 52 | 52 | N/A |
3/31/2022 | 96 | 41 | 56 | 56 | N/A |
12/31/2021 | 113 | 68 | 60 | 60 | N/A |
9/30/2021 | 124 | 84 | 29 | 29 | N/A |
6/30/2021 | 136 | 41 | 19 | 19 | N/A |
3/31/2021 | 133 | 25 | 77 | 77 | N/A |
12/31/2020 | 72 | -41 | 20 | 20 | N/A |
9/30/2020 | 65 | -46 | 48 | 48 | N/A |
6/30/2020 | 52 | -4 | 66 | 66 | N/A |
3/31/2020 | 60 | 16 | 4 | 4 | N/A |
12/31/2019 | 110 | 70 | 62 | 62 | N/A |
9/30/2019 | 106 | 69 | 64 | 64 | N/A |
6/30/2019 | 103 | 68 | 59 | 59 | N/A |
3/31/2019 | 98 | 65 | 63 | 63 | N/A |
12/31/2018 | 94 | 63 | 62 | 62 | N/A |
9/30/2018 | 90 | 60 | 60 | 60 | N/A |
6/30/2018 | 85 | 55 | N/A | 54 | N/A |
3/31/2018 | 80 | 40 | N/A | 29 | N/A |
12/31/2017 | 75 | 26 | N/A | 30 | N/A |
9/30/2017 | 70 | 24 | N/A | 24 | N/A |
6/30/2017 | 65 | 22 | N/A | 23 | N/A |
3/31/2017 | 58 | 29 | N/A | 42 | N/A |
12/31/2016 | 50 | 35 | N/A | 36 | N/A |
12/31/2015 | 9 | 0 | N/A | 3 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GPMT is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: GPMT is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: GPMT is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: GPMT's revenue (92.4% per year) is forecast to grow faster than the US market (8.9% per year).
High Growth Revenue: GPMT's revenue (92.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GPMT is forecast to be unprofitable in 3 years.