4.39

1.39% +0.06

After Hours: 4.42 0.03 +0.68%

Granite Point Mortgage Trust Inc (GPMT)

Overview News Price History Option Chain Discussions Forecast Dividend History

Granite Point Mortgage Trust Inc stock is currently priced at $4.39, with a 24-hour trading volume of 195.94K. It has seen a +1.39% increased in the last 24 hours and a -8.16% declined in the past month. The chart indicates a potential bullish trend, as the stock is above the $4.35 pivot point. If it approaches the $4.44 resistance level, significant changes may occur.

Previous Close:

$4.33

Open:

$4.35

24h Volume:

195.94K

Market Cap:

$224.04M

Revenue:

$79.44M

Net Income/Loss:

$-63.20M

P/E Ratio:

-3.0486

EPS:

-1.44

Net Cash Flow:

$52.10M

1W Performance:

+0.00%

1M Performance:

-8.16%

6M Performance:

+6.30%

1Y Performance:

+2.81%

1D Range:

$4.35

$4.425

52W Range:

$3.97

$6.405

Granite Point Mortgage Trust Inc Stock (GPMT) Company Profile

Name

Granite Point Mortgage Trust Inc

Sector

Real Estate (265)

Industry

REIT - Mortgage (27)

Phone

212-364-3200

Address

590 Madison Avenue, 38th Floor, New York, NY

Employee

Twitter

Next Earnings Date

2024-05-07

Latest SEC Filings

GPMT's Discussions on Twitter

Granite Point Mortgage Trust Inc Stock (GPMT) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Dec-15-22	Downgrade	Keefe Bruyette	Mkt Perform → Underperform
May-14-21	Upgrade	Credit Suisse	Neutral → Outperform
Mar-26-20	Upgrade	JMP Securities	Mkt Perform → Mkt Outperform
Jan-08-20	Initiated	Credit Suisse	Neutral
Jan-02-20	Downgrade	JMP Securities	Mkt Outperform → Mkt Perform
Aug-14-19	Downgrade	Raymond James	Strong Buy → Outperform
Jan-16-19	Downgrade	JP Morgan	Overweight → Neutral
Oct-09-18	Initiated	BTIG Research	Neutral
Jul-30-18	Downgrade	Keefe Bruyette	Outperform → Mkt Perform
Mar-27-18	Initiated	Citigroup	Neutral
Mar-27-18	Initiated	Raymond James	Strong Buy
Dec-08-17	Upgrade	Keefe Bruyette	Mkt Perform → Outperform

View All

Granite Point Mortgage Trust Inc Stock (GPMT) Latest News

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Granite Point Mortgage Trust Inc Stock (GPMT) Financials Data

Granite Point Mortgage Trust Inc (GPMT) Revenue 2024

GPMT reported a revenue (TTM) of $79.44 million for the quarter ending December 31, 2023, a +1.51% rise year-over-year.

Granite Point Mortgage Trust Inc (GPMT) Net Income 2024

GPMT net income (TTM) was -$63.20 million for the quarter ending December 31, 2023, a -54.80% decrease year-over-year.

Granite Point Mortgage Trust Inc (GPMT) Cash Flow 2024

GPMT recorded a free cash flow (TTM) of $52.10 million for the quarter ending December 31, 2023, a -11.55% decrease year-over-year.

Granite Point Mortgage Trust Inc (GPMT) Earnings per Share 2024

GPMT earnings per share (TTM) was -$1.50 for the quarter ending December 31, 2023, a -42.86% decline year-over-year.

Granite Point Mortgage Trust Inc. 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. As of December 31, 2017, its investment portfolio includes 61 commercial real estate debt investments. The company intends to qualify as a real estate investment trust for federal income tax purposes. The company was founded in 2015 and is headquartered in New York, New York.