GPMT 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
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
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Granite Point Mortgage Trust Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$2.39 |
| 52 Week High | US$3.66 |
| 52 Week Low | US$1.61 |
| Beta | 1.7 |
| 1 Month Change | 30.60% |
| 3 Month Change | -22.15% |
| 1 Year Change | -27.58% |
| 3 Year Change | -76.36% |
| 5 Year Change | -50.31% |
| Change since IPO | -87.42% |
Recent News & Updates
Recent updates
Granite Point Mortgage: Definitely Not Out Of The Woods Yet
Mar 14Granite 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 29Shareholder Returns
| GPMT | US Mortgage REITs | US Market | |
|---|---|---|---|
| 7D | 25.8% | 4.3% | 5.3% |
| 1Y | -27.6% | -7.9% | 11.5% |
Return vs Industry: GPMT underperformed the US Mortgage REITs industry which returned -7% over the past year.
Return vs Market: GPMT underperformed the US Market which returned 11.6% over the past year.
Price Volatility
| GPMT volatility | |
|---|---|
| GPMT Average Weekly Movement | 11.5% |
| Mortgage REITs Industry Average Movement | 5.1% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 4.2% |
Stable Share Price: GPMT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: GPMT's weekly volatility (11%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | 33 | 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 fundamental statistics | |
|---|---|
| Market cap | US$109.88m |
| Earnings (TTM) | -US$154.14m |
| Revenue (TTM) | n/a |
-1.2x
P/S Ratio-0.8x
P/E RatioIs GPMT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GPMT income statement (TTM) | |
|---|---|
| Revenue | -US$98.23m |
| Cost of Revenue | US$5.01m |
| Gross Profit | -US$103.24m |
| Other Expenses | US$50.91m |
| Earnings | -US$154.14m |
Last Reported Earnings
Mar 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | -3.18 |
| Gross Margin | 105.10% |
| Net Profit Margin | 156.92% |
| Debt/Equity Ratio | 230.6% |
How did GPMT perform over the long term?
See historical performance and comparisonDividends
8.4%
Current Dividend Yield-6%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/13 06:50 |
| End of Day Share Price | 2025/05/13 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Granite Point Mortgage Trust Inc. is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Kenneth Bruce | BofA Global Research |
| Benjamin Zucker | BTIG |