Granite Point Mortgage Trust Inc. (GPMT)
| Market Cap | 72.36M |
| Revenue (ttm) | 6.31M |
| Net Income (ttm) | -55.55M |
| Shares Out | 47.92M |
| EPS (ttm) | -1.16 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.20 (13.25%) |
| Ex-Dividend Date | Apr 1, 2026 |
| Volume | 32,401 |
| Open | 1.500 |
| Previous Close | 1.500 |
| Day's Range | 1.500 - 1.550 |
| 52-Week Range | 1.240 - 3.115 |
| Beta | 1.76 |
| Analysts | Buy |
| Price Target | 3.00 (+98.68%) |
| Earnings Date | May 5, 2026 |
About GPMT
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 offers intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, such as lease-up, renovation, repositioning, and repurposing of the commercial property. It also originates and invests in m... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for GPMT stock is "Buy." The 12-month stock price target is $3.0, which is an increase of 98.68% from the latest price.
News
Granite Point Mortgage Trust Inc. Announces Above Par Sale of a Hotel Loan and Resolution of a Risk-Rated “5” Loan and Dates for First Quarter 2026 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Above Par Sale of a Hotel Loan, Resolution of a Risk-Rated "5" Loan, Q1'26 Earnings Release and Call Dates.
Granite Point Mortgage Trust Inc. Announces First Quarter 2026 Common and Preferred Stock Dividends and Business Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces First Quarter 2026 Common and Preferred Stock Dividends and Business Update.
Granite Point Mortgage Trust Inc. Announces 2026 Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces 2026 Annual Meeting of Stockholders.
Granite Point Mortgage Trust Earnings Call Transcript: Q4 2025
Q4 saw a net loss of $27.4M, driven by credit loss provisions and REO impairment, with book value per share declining to $7.29. Portfolio size is expected to shrink through mid-2026 before regrowth, as asset resolutions and debt reduction remain priorities.
Granite Point Mortgage Trust Inc. Reports Q4 and Full Year 2025 Financial Results and Post Quarter-End Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Q4 and Full Year 2025 Financial Results and Post Quarter-End Update.
Granite Point Mortgage Trust Inc. Announces Dates for Fourth Quarter and Full Year 2025 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for Fourth Quarter and Full Year 2025 Earnings Release and Conference Call.
Granite Point Mortgage Trust Inc. Announces 2025 Dividend Tax Information
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces 2025 Dividend Tax Information.
Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2025 Common and Preferred Stock Dividends and Business Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2025 Common and Preferred Stock Dividends and Business Update.
Granite Point Mortgage Trust Earnings Call Transcript: Q3 2025
Q3 2025 saw improved investor sentiment and market liquidity, with a GAAP net loss of $0.6M and a distributable loss of $18.9M. Portfolio yield improved, leverage decreased, and significant asset resolutions and debt reductions were achieved.
Granite Point Mortgage Trust Inc. Reports Third Quarter 2025 Financial Results and Post Quarter-End Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Third Quarter 2025 Financial Results and Post Quarter-End Update.
Granite Point Mortgage Trust Inc. Announces Dates for Third Quarter 2025 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for Third Quarter 2025 Earnings Release and Conference Call.
Granite Point Mortgage Trust Inc. Announces Third Quarter 2025 Common and Preferred Stock Dividends and Business Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Third Quarter 2025 Common and Preferred Stock Dividends and Business Update.
Granite Point Mortgage Trust Earnings Call Transcript: Q2 2025
Q2 2025 saw improved commercial real estate liquidity, significant progress in resolving non-accrual loans, and continued share buybacks. Net loss was $17M, with book value at $7.99 per share. Origination is expected to resume late 2025 or early 2026.
Granite Point Mortgage Trust Inc. Reports Second Quarter 2025 Financial Results and Post Quarter-End Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Second Quarter 2025 Financial Results and Post Quarter-End Update.
Granite Point Mortgage Trust Inc. Announces Dates for Second Quarter 2025 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for Second Quarter 2025 Earnings Release and Conference Call.
Granite Point Mortgage Trust Inc. Announces Second Quarter 2025 Common and Preferred Stock Dividends and Business Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Second Quarter 2025 Common and Preferred Stock Dividends and Business Update.
Granite Point Mortgage Trust Earnings Call Transcript: Q1 2025
Q1 2025 saw progress in resolving non-accrual loans, reducing risk rated 5 loans to three, and maintaining strong liquidity. Despite a GAAP net loss of $10.6M, share buybacks and loan resolutions position the portfolio for improved profitability as new originations are expected later in 2025.
Granite Point Mortgage Trust Inc. Reports First Quarter 2025 Financial Results and Post Quarter-End Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports First Quarter 2025 Financial Results and Post Quarter-End Update.
Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2025 Earnings Release and Conference Call and Provides Business Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2025 Earnings Release and Conference Call and Provides Business Update.
Granite Point Mortgage Trust Inc. Announces First Quarter 2025 Common and Preferred Stock Dividends and Business Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces First Quarter 2025 Common and Preferred Stock Dividends and Business Update.
Granite Point Mortgage Trust Inc. Announces 2025 Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces 2025 Annual Meeting of Stockholders.
Granite Point Mortgage Trust Earnings Call Transcript: Q4 2024
Resolved $441M in non-performing loans since 2024, reported a Q4 net loss of $42.4M, and reduced CECL reserves. Portfolio shrank to $2.1B, with improved liquidity and plans to resume originations in late 2025. Book value declined to $8.47 per share.
Granite Point Mortgage Trust Inc. Reports Q4 and Full Year 2024 Financial Results and Post Quarter-End Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Q4 and Full Year 2024 Financial Results and Post Quarter-End Update.
Granite Point Mortgage Trust Inc. Announces 2024 Dividend Tax Information
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces 2024 Dividend Tax Information.
Granite Point Mortgage Trust Inc. Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call.