Granite Point Mortgage Trust Inc.

NYSE:GPMT Stock Report

Market Cap: US$148.4m

Granite Point Mortgage Trust Management

Management criteria checks 2/4

Granite Point Mortgage Trust's CEO is Jack Taylor, appointed in Apr 2017, has a tenure of 7.67 years. total yearly compensation is $4.05M, comprised of 24.7% salary and 75.3% bonuses, including company stock and options. directly owns 0.62% of the company’s shares, worth $913.52K. The average tenure of the management team and the board of directors is 7.3 years and 7.7 years respectively.

Key information

Jack Taylor

Chief executive officer

US$4.0m

Total compensation

CEO salary percentage24.7%
CEO tenure7.7yrs
CEO ownership0.6%
Management average tenure7.3yrs
Board average tenure7.7yrs

Recent management updates

Recent updates

Granite Point Mortgage's Improved Liquidity Brings Its 10% Yielding Preferreds Into Focus

Nov 18

Granite Point Mortgage Trust: Office Distress Continues, Are The Preferreds Safe

Aug 19

Granite Point: Downside Materialized, I'm Flipping Bullish

Jul 17

Granite Point Mortgage Trust Is Facing Headwinds But I'm Holding The Discounted Preferreds

May 12

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

CEO Compensation Analysis

How has Jack Taylor's remuneration changed compared to Granite Point Mortgage Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$196m

Jun 30 2024n/an/a

-US$186m

Mar 31 2024n/an/a

-US$118m

Dec 31 2023US$4mUS$1m

-US$78m

Sep 30 2023n/an/a

-US$72m

Jun 30 2023n/an/a

-US$76m

Mar 31 2023n/an/a

-US$94m

Dec 31 2022US$4mUS$1m

-US$55m

Sep 30 2022n/an/a

-US$39m

Jun 30 2022n/an/a

US$9m

Mar 31 2022n/an/a

US$41m

Dec 31 2021US$5mUS$1m

US$68m

Sep 30 2021n/an/a

US$84m

Jun 30 2021n/an/a

US$41m

Mar 31 2021n/an/a

US$25m

Dec 31 2020US$3mn/a

-US$41m

Sep 30 2020n/an/a

-US$46m

Jun 30 2020n/an/a

-US$4m

Mar 31 2020n/an/a

US$16m

Dec 31 2019US$1mn/a

US$70m

Sep 30 2019n/an/a

US$69m

Jun 30 2019n/an/a

US$68m

Mar 31 2019n/an/a

US$65m

Dec 31 2018US$1mn/a

US$63m

Sep 30 2018n/an/a

US$60m

Jun 30 2018n/an/a

US$55m

Mar 31 2018n/an/a

US$40m

Dec 31 2017US$2mn/a

US$26m

Compensation vs Market: Jack's total compensation ($USD4.05M) is above average for companies of similar size in the US market ($USD650.00K).

Compensation vs Earnings: Jack's compensation has increased whilst the company is unprofitable.

CEO

Jack Taylor (68 yo)

7.7yrs

Tenure

US$4,049,820

Compensation

Mr. John A. Taylor, also known as Jack, J.D., is Chief Executive Officer of Granite Point Mortgage Trust Inc. since April 7, 2017 and is its President. He joined the Copmany in 2017. Mr. Taylor is a Chief...

Leadership Team

NamePositionTenureCompensationOwnership
John Taylor
President7.7yrsUS$4.05m0.62%
$ 913.5k
Steven Plust
VP & COO7.7yrsUS$2.17m0.40%
$ 599.4k
Stephen Alpart
VP, Chief Investment Officer & Co-Head of Originations7.7yrsUS$2.17m0.30%
$ 451.7k
Peter Morral
VP, Chief Development Officer & Co-Head of Originations6.9yrsUS$2.16m0.16%
$ 237.8k
Blake Johnson
VP, CFO & Treasurerno datano datano data
Michael Karber
VP, General Counsel4.9yrsno data0.087%
$ 129.7k
Chris Petta
Investor Relations Officerno datano datano data

7.3yrs

Average Tenure

58yo

Average Age

Experienced Management: GPMT's management team is seasoned and experienced (7.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
John Taylor
President7.9yrsUS$4.05m0.62%
$ 913.5k
Stephen Kasnet
Independent Chairman of the Board7.5yrsUS$495.00k0.24%
$ 360.5k
William Sanders
Independent Director7.9yrsUS$225.00k0.29%
$ 433.8k
Sheila McGrath
Independent Director1.9yrsUS$213.08k0.060%
$ 88.3k
Tanuja Dehne
Independent Director7.9yrsUS$220.00k0.10%
$ 150.6k
Hope Woodhouse
Independent Director7.5yrsUS$224.07k0.16%
$ 233.0k

7.7yrs

Average Tenure

67.5yo

Average Age

Experienced Board: GPMT's board of directors are considered experienced (7.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 19:11
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Granite Point Mortgage Trust Inc. is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Kenneth BruceBofA Global Research
Benjamin ZuckerBTIG