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Granite Point Mortgage Trust Inc. GPMT
Real Estate - REIT - Mortgage - NYSE - US
Watchlist
$ 3.26
-2.69 %
$ 163 M
Market Cap
-0.84
P/E
1. INTRINSIC VALUE

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. As of December 31, 2021, its investment portfolio includes 105 commercial real estate loan investments. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York.[ Read More ]

The intrinsic value of one GPMT stock under the base case scenario is HIDDEN Compared to the current market price of 3.26 USD, Granite Point Mortgage Trust Inc. is HIDDEN

GPMT Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart GPMT

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FINANCIALS
266 M REVENUE
240.52%
Growth Rates
1Year 240.52%
3Years 36.44%
5Years 23.81%
7Years 27.22%
10Years 0.00%
122 M OPERATING INCOME
42.86%
Growth Rates
1Year 42.86%
3Years 71.67%
5Years -4.64%
7Years 14.80%
10Years 0.00%
-63.2 M NET INCOME
-54.80%
Growth Rates
1Year -54.80%
3Years -16.05%
5Years -14.89%
7Years -15.77%
10Years 0.00%
52.1 M OPERATING CASH FLOW
-11.55%
Growth Rates
1Year -11.55%
3Years 37.01%
5Years -1.93%
7Years 6.58%
10Years 0.00%
561 M INVESTING CASH FLOW
37.39%
Growth Rates
1Year 37.39%
3Years 18.01%
5Years 21.72%
7Years 15.50%
10Years 0.00%
-554 M FINANCING CASH FLOW
-4.29%
Growth Rates
1Year -4.29%
3Years -42.30%
5Years -11.21%
7Years -8.46%
10Years 0.00%
10.3 M REVENUE
-79.32%
Growth Rates
1Year 240.52%
3Years 36.44%
5Years 23.81%
7Years 27.22%
10Years 0.00%
-42.3 M OPERATING INCOME
-108.86%
Growth Rates
1Year 42.86%
3Years 71.67%
5Years -4.64%
7Years 14.80%
10Years 0.00%
-30.4 M NET INCOME
51.89%
Growth Rates
1Year -54.80%
3Years -16.05%
5Years -14.89%
7Years -15.77%
10Years 0.00%
6.09 M OPERATING CASH FLOW
2082.08%
Growth Rates
1Year -11.55%
3Years 37.01%
5Years -1.93%
7Years 6.58%
10Years 0.00%
236 M INVESTING CASH FLOW
416.76%
Growth Rates
1Year 37.39%
3Years 18.01%
5Years 21.72%
7Years 15.50%
10Years 0.00%
-217 M FINANCING CASH FLOW
-88.62%
Growth Rates
1Year -4.29%
3Years -42.30%
5Years -11.21%
7Years -8.46%
10Years 0.00%
Balance Sheet Decomposition Granite Point Mortgage Trust Inc.
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Current Assets 201 M
Cash & Short-Term Investments 188 M
Receivables 12.4 M
Other Current Assets 0
Non-Current Assets 2.65 B
Long-Term Investments 0
PP&E 0
Other Non-Current Assets 2.65 B
Current Liabilities 267 M
Accounts Payable 0
Short-Term Debt 253 M
Other Current Liabilities 14.1 M
Non-Current Liabilities 1.01 B
Long-Term Debt 992 M
Other Non-Current Liabilities 22.6 M
EFFICIENCY
Earnings Waterfall Granite Point Mortgage Trust Inc.
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Revenue 266 M
Cost Of Revenue 11.3 M
Gross Profit 255 M
Operating Expenses 32 M
Operating Income 122 M
Other Expenses 185 M
Net Income -63.2 M
RATIOS
95.76% GROSS MARGIN
95.76%
Averages
1Year 95.76%
3Years 73.93%
5Years 74.80%
7Years 77.38%
10Years 0.00%
45.74% OPERATING MARGIN
45.74%
Averages
1Year 45.74%
3Years 77.69%
5Years 52.16%
7Years 79.85%
10Years 0.00%
-23.71% NET MARGIN
-23.71%
Averages
1Year -23.71%
3Years 0.74%
5Years 5.88%
7Years 24.32%
10Years 0.00%
-7.36% ROE
-7.36%
Averages
1Year -7.36%
3Years -1.59%
5Years -0.44%
7Years 1.69%
10Years 0.00%
-2.22% ROA
-2.22%
Averages
1Year -2.22%
3Years -0.56%
5Years -0.21%
7Years 0.42%
10Years 0.00%
5.80% ROIC
5.80%
Averages
1Year 5.80%
3Years 3.82%
5Years 2.53%
7Years 4.34%
10Years 0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Granite Point Mortgage Trust Inc.
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Net Income -63.2 M
Depreciation & Amortization 3.49 M
Capital Expenditures 0
Stock-Based Compensation 6.98 M
Change in Working Capital 60 K
Others 104 M
Free Cash Flow 52.1 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Granite Point Mortgage Trust Inc.
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Wall Street analysts predict an average 1-year price target for GPMT of $9.08 , with forecasts ranging from a low of $3.5 to a high of $13.5 .
GPMT Lowest Price Target Wall Street Target
3.5 USD 7.36%
GPMT Average Price Target Wall Street Target
9.08 USD 178.63%
GPMT Highest Price Target Wall Street Target
13.5 USD 314.11%
4. DIVIDEND ANALYSIS
9.35% DIVIDEND YIELD
0.05 USD DIVIDEND PER SHARE
5. COMPETITION

MFA Financial, Inc., together with its subsidiaries, operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including non-agency mortgage-backed securities (MBS), agency MBS, and credit risk transfer securities; residential whole loans, including purchased performing loans, purchased credit deteriorated, and non-performing loans; and mortgage servicing rights related assets.

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13.5 USD
MFA
Undervalued 22.36%

Angel Oak Mortgage, Inc., a real estate finance company, focuses on acquiring and investing in first lien non- qualified mortgage loans and other mortgage-related assets in the United States mortgage market.

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0 USD
AOMR
Overvalued 100.00%

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States.

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-11.6 USD
TWO
Overvalued 199.77%

PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. The company's Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds.

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14 USD
PMT
Undervalued 7.02%

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of residential, commercial mortgage loans, and other real estate related securities.

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12.2 USD
CIM
Overvalued 16.76%

ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. The company's securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans, as well as unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments.

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-5.09 USD
ARR
Overvalued 127.08%

Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS.

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7.3 USD
ORC
Overvalued 6.48%

Invesco Mortgage Capital Inc. operates as a real estate investment trust (REIT) that primarily focuses on investing in, financing, and managing mortgage-backed securities and other mortgage-related assets.

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0.0117 USD
IVR
Overvalued 99.86%

New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States.

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1.8 USD
NYMT
Overvalued 69.88%

Ellington Residential Mortgage REIT, a real estate investment trust, specializes in acquiring, investing in, and managing residential mortgage-and real estate-related assets.

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2.56 USD
EARN
Overvalued 60.33%

Ready Capital Corporation operates as a real estate finance company in the United States. The company acquires, originates, manages, services, and finances small to medium balance commercial (SBC) loans, small business administration (SBA) loans, residential mortgage loans, and mortgage backed securities collateralized primarily by SBC loans, or other real estate-related investments.

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16.2 USD
RC
Undervalued 130.45%
6. Ownership
Insider Ownership Granite Point Mortgage Trust Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
101 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
95.9 K USD 2
9-12 MONTHS
Date Value Insider Amount Avg Price
5 months ago
Jun 05, 2024
Sell 83.2 K USD
KASNET STEPHEN G
Director
- 27027
 3.077 USD
5 months ago
Jun 05, 2024
Sell 17.8 K USD
DEHNE TANUJA M
Director
- 5717
 3.11 USD
1 year ago
Nov 16, 2023
Bought 27.8 K USD
TAYLOR JOHN A
President and CEO
+ 5500
 5.06 USD
1 year ago
Nov 15, 2023
Bought 25 K USD
TAYLOR JOHN A
President and CEO
+ 4956.587
 5.04 USD
1 year ago
Nov 14, 2023
Bought 19.8 K USD
TAYLOR JOHN A
President and CEO
+ 4000
 4.96 USD
1 year ago
Nov 13, 2023
Bought 23.2 K USD
URBASZEK MARCIN
Chief Financial Officer
+ 5000
 4.64 USD
1 year ago
Nov 10, 2023
Bought 46.1 K USD
URBASZEK MARCIN
Chief Financial Officer
+ 10000
 4.61 USD
3 years ago
Aug 13, 2021
Bought 99.2 K USD
TAYLOR JOHN A
President and CEO
+ 7400
 13.4105 USD
3 years ago
Aug 20, 2021
Bought 109 K USD
SANDERS WILLIAM REID
Director
+ 8262
 13.199 USD
3 years ago
Aug 19, 2021
Bought 50.6 K USD
ALPART STEPHEN
Chief Investment Officer
+ 3900
 12.97 USD
3 years ago
Aug 12, 2021
Bought 26 K USD
SANDERS WILLIAM REID
Director
+ 2000
 12.9858 USD
3 years ago
Aug 12, 2021
Bought 103 K USD
PLUST STEVEN
Chief Operating Officer
+ 8000
 12.9365 USD
3 years ago
Aug 12, 2021
Bought 102 K USD
URBASZEK MARCIN
Chief Financial Officer
+ 8000
 12.73 USD
3 years ago
May 24, 2021
Bought 128 K USD
TAYLOR JOHN A
President and CEO
+ 9000
 14.21 USD
4 years ago
Jun 23, 2020
Sell 99 K USD
TAYLOR JOHN A
President and CEO
- 13806
 7.1737 USD
4 years ago
Jun 23, 2020
Sell 11 K USD
Sandberg Rebecca B
Secretary
- 1532
 7.1652 USD
4 years ago
Jun 23, 2020
Sell 15.9 K USD
URBASZEK MARCIN
Chief Financial Officer
- 2219
 7.1732 USD
4 years ago
Jun 23, 2020
Sell 21.3 K USD
ALPART STEPHEN
Chief Investment Officer
- 2971
 7.1757 USD
4 years ago
Jun 23, 2020
Sell 21.3 K USD
ALPART STEPHEN
Chief Investment Officer
- 2971
 7.1757 USD
4 years ago
Jan 30, 2020
Sell 36.9 K USD
URBASZEK MARCIN
Chief Financial Officer
- 2003
 18.44 USD
4 years ago
Jan 29, 2020
Sell 42.9 K USD
URBASZEK MARCIN
Chief Financial Officer
- 2334
 18.36 USD
4 years ago
Jan 30, 2020
Sell 200 K USD
TAYLOR JOHN A
President and CEO
- 10853
 18.4 USD
4 years ago
Jan 29, 2020
Sell 220 K USD
TAYLOR JOHN A
President and CEO
- 11971
 18.36 USD
4 years ago
Jan 30, 2020
Sell 7.9 K USD
Sandberg Rebecca B
Secretary
- 429
 18.41 USD
4 years ago
Jan 29, 2020
Sell 9.9 K USD
Sandberg Rebecca B
Secretary
- 537
 18.44 USD
4 years ago
Jan 30, 2020
Sell 21.3 K USD
Karber Michael J.
General Counsel
- 1155
 18.4 USD
4 years ago
Jan 29, 2020
Sell 16.6 K USD
Karber Michael J.
General Counsel
- 901
 18.44 USD
4 years ago
Jan 30, 2020
Sell 100 K USD
ALPART STEPHEN
Chief Investment Officer
- 5443
 18.4 USD
4 years ago
Jan 29, 2020
Sell 115 K USD
ALPART STEPHEN
Chief Investment Officer
- 6262
 18.42 USD
5 years ago
Aug 13, 2019
Bought 197 K USD
PLUST STEVEN
Chief Operating Officer
+ 10600
 18.5588 USD
5 years ago
Jun 24, 2019
Sell 275 K USD
TAYLOR JOHN A
President and CEO
- 14555
 18.9127 USD
5 years ago
Jun 24, 2019
Sell 30.5 K USD
Sandberg Rebecca B
General Counsel and Secretary
- 1610
 18.9202 USD
5 years ago
Jun 24, 2019
Sell 59.2 K USD
ALPART STEPHEN
Chief Investment Officer
- 3128
 18.9212 USD
5 years ago
Jun 24, 2019
Sell 44.2 K USD
URBASZEK MARCIN
Chief Financial Officer
- 2337
 18.9174 USD
5 years ago
Jan 30, 2019
Sell 8.26 K USD
Sandberg Rebecca B
General Counsel and Secretary
- 424
 19.4752 USD
5 years ago
Jan 30, 2019
Sell 38.4 K USD
URBASZEK MARCIN
Chief Financial Officer
- 1966
 19.5522 USD
5 years ago
Jan 30, 2019
Sell 38.4 K USD
URBASZEK MARCIN
Chief Financial Officer
- 1966
 19.5522 USD
5 years ago
Jan 30, 2019
Sell 88.4 K USD
PLUST STEVEN
Chief Operating Officer
- 4523
 19.5546 USD
5 years ago
Jan 30, 2019
Sell 108 K USD
ALPART STEPHEN
Chief Investment Officer
- 5520
 19.555 USD
5 years ago
Jan 30, 2019
Sell 108 K USD
ALPART STEPHEN
Chief Investment Officer
- 5520
 19.555 USD
5 years ago
Jan 30, 2019
Sell 209 K USD
TAYLOR JOHN A
President and CEO
- 10734
 19.4992 USD
5 years ago
Jan 30, 2019
Sell 209 K USD
TAYLOR JOHN A
President and CEO
- 10734
 19.4992 USD
6 years ago
Jun 25, 2018
Sell 27.6 K USD
Sandberg Rebecca B
General Counsel and Secretary
- 1474
 18.6943 USD
6 years ago
May 22, 2018
Bought 72.6 K USD
TAYLOR JOHN A
President and CEO
+ 4000
 18.1517 USD
6 years ago
May 24, 2018
Bought 51.4 K USD
ALPART STEPHEN
Chief Investment Officer
+ 2800
 18.37 USD
6 years ago
May 24, 2018
Bought 45.8 K USD
URBASZEK MARCIN
Chief Financial Officer
+ 2500
 18.34 USD
6 years ago
May 15, 2018
Bought 103 K USD
PLUST STEVEN
Chief Operating Officer
+ 5767
 17.85 USD
7 years ago
Nov 16, 2017
Bought 100 K USD
TAYLOR BRIAN
Director
+ 5600
 17.8704 USD
7 years ago
Nov 13, 2017
Bought 48.5 K USD
PLUST STEVEN
Chief Operating Officer
+ 2750
 17.63 USD
7 years ago
Nov 10, 2017
Bought 103 K USD
TAYLOR JOHN A
President and CEO
+ 5800
 17.744 USD
7 years ago
Nov 10, 2017
Bought 51 K USD
ALPART STEPHEN
Chief Investment Officer
+ 2882
 17.6998 USD
7 years ago
Nov 13, 2017
Bought 262 K USD
SANDERS WILLIAM REID
Director
+ 15000
 17.4853 USD
7 years ago
Nov 10, 2017
Bought 106 K USD
SANDERS WILLIAM REID
Director
+ 6000
 17.6787 USD
7 years ago
Nov 09, 2017
Bought 177 K USD
SANDERS WILLIAM REID
Director
+ 10000
 17.6746 USD
7 years ago
Nov 10, 2017
Bought 43.7 K USD
ROTH WILLIAM
Director
+ 2500
 17.495 USD
7 years ago
Nov 09, 2017
Bought 132 K USD
ROTH WILLIAM
Director
+ 7500
 17.5833 USD
7 years ago
Nov 09, 2017
Bought 52.1 K USD
URBASZEK MARCIN
Chief Financial Officer
+ 3000
 17.37 USD
7 years ago
Oct 20, 2017
Bought 463 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 25000
 18.5006 USD
7 years ago
Oct 19, 2017
Bought 466 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 25000
 18.6284 USD
7 years ago
Oct 18, 2017
Bought 470 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 25000
 18.8059 USD
7 years ago
Oct 17, 2017
Bought 89.9 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 4741
 18.9573 USD
7 years ago
Oct 16, 2017
Bought 87.1 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 4597
 18.9559 USD
7 years ago
Oct 13, 2017
Bought 65.8 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 3472
 18.9598 USD
7 years ago
Oct 12, 2017
Bought 273 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 14427
 18.9434 USD
7 years ago
Oct 11, 2017
Bought 195 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 10290
 18.9479 USD
7 years ago
Oct 10, 2017
Bought 16.8 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 884
 18.96 USD
7 years ago
Oct 09, 2017
Bought 90.8 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 4788
 18.9587 USD
7 years ago
Oct 06, 2017
Bought 17.1 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 900
 18.96 USD
7 years ago
Oct 03, 2017
Bought 155 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 8166
 18.9295 USD
7 years ago
Oct 02, 2017
Bought 320 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 16918
 18.8966 USD
7 years ago
Sep 29, 2017
Bought 470 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 25000
 18.7899 USD
7 years ago
Sep 28, 2017
Bought 469 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 25000
 18.744 USD
7 years ago
Sep 27, 2017
Bought 98.7 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 5210
 18.9526 USD
7 years ago
Sep 26, 2017
Bought 45.4 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 2395
 18.95 USD
7 years ago
Sep 25, 2017
Bought 6.77 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 357
 18.96 USD
7 years ago
Sep 22, 2017
Bought 1.9 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 100
 18.96 USD
7 years ago
Sep 21, 2017
Bought 105 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 5555
 18.9561 USD
7 years ago
Sep 20, 2017
Bought 470 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 25000
 18.8172 USD
7 years ago
Sep 19, 2017
Bought 468 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 25000
 18.7107 USD
7 years ago
Sep 18, 2017
Bought 445 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 23439
 18.9963 USD
7 years ago
Sep 15, 2017
Bought 476 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 25000
 19.054 USD
7 years ago
Sep 08, 2017
Bought 158 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 8300
 19.0494 USD
7 years ago
Aug 30, 2017
Bought 200 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 10485
 19.0505 USD
7 years ago
Aug 29, 2017
Bought 46.3 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 2427
 19.06 USD
7 years ago
Aug 24, 2017
Bought 3.81 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 200
 19.055 USD
7 years ago
Aug 23, 2017
Bought 30.4 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 1594
 19.0556 USD
7 years ago
Aug 22, 2017
Bought 11.4 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 600
 19.035 USD
7 years ago
Aug 18, 2017
Bought 468 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 24488
 19.1001 USD
7 years ago
Aug 17, 2017
Bought 1.91 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 100
 19.11 USD
7 years ago
Aug 16, 2017
Bought 138 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 7200
 19.0981 USD
7 years ago
Aug 15, 2017
Bought 477 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 25000
 19.0902 USD
7 years ago
Aug 10, 2017
Bought 192 K USD
SANDERS WILLIAM REID
Director
+ 10000
 19.1611 USD
7 years ago
Aug 11, 2017
Bought 65.7 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 3440
 19.1014 USD
7 years ago
Aug 10, 2017
Bought 282 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 14772
 19.1027 USD
7 years ago
Aug 09, 2017
Bought 477 K USD
TWO HARBORS INVESTMENT CORP.
10 percent owner
+ 25000
 19.067 USD
7 years ago
Jun 28, 2017
Bought 292 K USD
ROTH WILLIAM
Director
+ 15000
 19.5 USD
7 years ago
Jun 28, 2017
Bought 244 K USD
TAYLOR BRIAN
Director
+ 12500
 19.5 USD
7 years ago
Jun 28, 2017
Bought 97.5 K USD
SANDERS WILLIAM REID
Director
+ 5000
 19.5 USD
7 years ago
Jun 28, 2017
Bought 97.5 K USD
Woodhouse Hope B
Director
+ 5000
 19.5 USD
7 years ago
Jun 28, 2017
Bought 975 K USD
TAYLOR JOHN A
President and CEO
+ 50000
 19.5 USD
7 years ago
Jun 28, 2017
Bought 488 K USD
PLUST STEVEN
Chief Operating Officer
+ 25000
 19.5 USD
7 years ago
Jun 28, 2017
Bought 488 K USD
SIERING THOMAS
Director
+ 25000
 19.5 USD
7 years ago
Jun 28, 2017
Bought 19.5 K USD
DEHNE TANUJA
Director
+ 1000
 19.5 USD
7 years ago
Jun 28, 2017
Bought 501 K USD
ALPART STEPHEN
Chief Investment Officer
+ 25700
 19.5 USD
7 years ago
Jun 28, 2017
Bought 9.75 K USD
Sandberg Rebecca B
Gen. Coun.,VP and Secretary
+ 500
 19.5 USD
7 years ago
Jun 28, 2017
Bought 97.5 K USD
URBASZEK MARCIN
Chief Financial Officer
+ 5000
 19.5 USD
7. News
Granite Point Mortgage Trust Inc. (GPMT) Q3 2024 Earnings Call Transcript Granite Point Mortgage Trust Inc. (NYSE:GPMT ) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Chris Petta - Investor Relations Jack Taylor - President and Chief Executive Officer Steve Alpart - Chief Investment Officer and Co-Head-Originations Marcin Urbaszek - Chief Financial Officer Conference Call Participants Steve DeLaney - Citizens JMP Douglas Harter - UBS Jade Rahmani - KBW Operator Good morning. My name is Christine and I will be your conference facilitator. seekingalpha.com - 1 week ago
Granite Point Mortgage Trust (GPMT) Reports Q3 Loss, Tops Revenue Estimates Granite Point Mortgage Trust (GPMT) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.96. This compares to earnings of $0.18 per share a year ago. zacks.com - 1 week ago
Granite Point Mortgage Trust Inc. Reports Third Quarter 2024 Financial Results and Post Quarter-End Update NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Third Quarter 2024 Financial Results and Post Quarter-End Update. businesswire.com - 1 week ago
Granite Point Mortgage Trust Inc. Announces Dates for Third Quarter 2024 Earnings Release and Conference Call NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for Third Quarter 2024 Earnings Release and Conference Call. businesswire.com - 3 weeks ago
3 Real Estate Stocks to Buy on Increasing Mortgage Rates Sino Land (SNLAY), Two Harbors (TWO) and Grantite Point (GPMT) are three real estate stocks to look into as mortgage rates continue to rise despite Fed rate cuts. zacks.com - 4 weeks ago
3 Shares Yielding Over 9% We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not as great today. I'll include an alternative from my portfolio that still offers an attractive yield for investors. seekingalpha.com - 1 month ago
Animal Spirits Awaken U.S. equity markets gained for a third-straight week while short-term interest rates declined to two-year lows as "Goldilocks" economic data provided a backdrop of support for dovish Fed policy. Following combined gains of 5% over the prior two weeks, the S&P 500 gained another 0.6% this week, notching another series of all-time highs. Real estate equities - the most "Fed sensitive" market segment - underperformed for a second week following a significant two-month rally heading into the Fed's rate cut announcement. seekingalpha.com - 1 month ago
Animal Spirits Awaken U.S. equity markets gained for a third-straight week while short-term interest rates declined to two-year lows as "Goldilocks" economic data provided a backdrop of support for dovish Fed policy. Following combined gains of 5% over the prior two weeks, the S&P 500 gained another 0.6% this week, notching another series of all-time highs. Real estate equities - the most "Fed sensitive" market segment - underperformed for a second week following a significant two-month rally heading into the Fed's rate cut announcement. seekingalpha.com - 1 month ago
5 Shares Yielding 8% To 11% We've got 5 shares in here plus a bonus. It's like 6, but easier to click. Some of these deals look better than others. Ex-dividend dates are coming up pretty soon for a few of them. seekingalpha.com - 1 month ago
Granite Point Mortgage Trust Inc. Announces Third Quarter 2024 Common and Preferred Stock Dividends and Business Update NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Third Quarter 2024 Common and Preferred Stock Dividends and Business Update. businesswire.com - 1 month ago
The High Yield Desert I frequently discuss high-yield sectors like mortgage REITs, BDCs, and preferred shares, emphasizing the importance of knowing when not to buy. Preferred shares have rallied above targets, reducing buying opportunities, while common shares offer higher risks. Some offer upside, but others mostly offer downside. I'll kick off the weekend by highlighting one with a high valuation, as investors pay top dollar for earnings that are about to melt away. seekingalpha.com - 1 month ago
3 'Beaten Down' Mortgage REITs: Darkest Before Dawn? Recent developments in interest rates and market sentiment on rate cuts present an opportunity for highly discounted mortgage REITs with office exposure. Despite challenges, the risk-return profile of these mREITs has improved, making them potentially lucrative for patient, long-term investors. Granite Point Mortgage Trust, Claros Mortgage Trust, and Blackstone Mortgage Trust are rated as Speculative Buys due to their significant discounts to book value and growth prospects. seekingalpha.com - 2 months ago
Granite Point Mortgage Trust: Office Distress Continues, Are The Preferreds Safe Granite Point Mortgage Trust has shed 50% over the last year due to the extreme discombobulation of its loan portfolio. Book value per share dipped by 11.7% sequentially during the mREIT's fiscal 2024 second quarter. The dividend has been cut by nearly 70%. It should have been suspended to fund share buybacks with the mREIT currently trading at a 74% discount to book value. seekingalpha.com - 2 months ago
8. Profile Summary

Granite Point Mortgage Trust Inc. GPMT

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COUNTRY US
INDUSTRY REIT - Mortgage
MARKET CAP $ 163 M
Dividend Yield 9.35%
Description 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. As of December 31, 2021, its investment portfolio includes 105 commercial real estate loan investments. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York.
Contact 3 Bryant Park, New York, NY, 10036 https://www.gpmtreit.com
IPO Date June 26, 2017
Employees 36
Officers Mr. Chris Petta Investor Relations Officer Mr. John A. Taylor J.D. President, Chief Executive Officer & Director Mr. Peter M. Morral Vice President, Chief Development Officer & Co-Head of Originations Mr. Stephen Alpart Vice President, Chief Investment Officer & Co-Head of Originations Mr. Marcin Urbaszek C.F.A. Vice President, Chief Financial Officer, Head of IR & Treasurer Mr. Steven Plust Vice President & Chief Operating Officer