GPMT Stock Price, Granite Point Mortgage Trust Quote, Chart

Market Summary

USD3.41+0.08

Market Closed

2.40%

GPMT Stock Price

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GPMT RSI Chart

GPMT Valuation

Market Cap

174.0M

Price/Earnings (Trailing)

-1.63

Price/Sales (Trailing)

0.69

EV/EBITDA

-0.22

Price/Free Cashflow

4.02

GPMT Price/Sales (Trailing)

GPMT Profitability

EBT Margin

-41.19%

Return on Equity

-13.83%

Return on Assets

-3.94%

Free Cashflow Yield

24.87%

GPMT Fundamentals

GPMT Revenue

Revenue (TTM)

251.1M

Rev. Growth (Yr)

-18.98%

Rev. Growth (Qtr)

-12.11%

GPMT Earnings

Earnings (TTM)

-107.1M

Earnings Growth (Yr)

-129.75%

Earnings Growth (Qtr)

-476.88%

Breaking Down GPMT Revenue

Last 7 days

-6.3%

Last 30 days

-20.3%

Last 90 days

-27.6%

Trailing 12 Months

-22.8%

How does GPMT drawdown profile look like?

GPMT Financial Health

GPMT Investor Care

Dividend Yield

21.99%

Dividend/Share (TTM)

0.75

Buy Backs (1Y)

0.95%

Diluted EPS (TTM)

-2.31

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	251.1M	0	0	0
2023	230.3M	249.8M	263.7M	263.7M
2022	191.5M	191.3M	195.7M	210.9M
2021	227.7M	216.2M	206.7M	198.3M
2020	252.3M	253.3M	247.7M	237.7M
2019	202.0M	218.5M	234.4M	246.3M
2018	134.0M	151.4M	168.1M	183.9M
2017	73.3M	85.9M	100.6M	117.8M
2016	22.1M	35.0M	47.9M	60.8M
2015	0	0	0	9.1M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Granite Point Mortgage Trust Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 15, 2024	urbaszek marcin	acquired	-	-	32,076	chief financial officer
Mar 15, 2024	taylor john a	sold (taxes)	-188,688	4.79	-39,392	president and ceo
Mar 15, 2024	alpart stephen	sold (taxes)	-97,031	4.79	-20,257	chief investment officer
Mar 15, 2024	alpart stephen	acquired	-	-	39,682	chief investment officer
Mar 15, 2024	morral peter m.	acquired	-	-	39,682	chief development officer
Mar 15, 2024	karber michael j.	sold (taxes)	-40,810	4.79	-8,520	general counsel and secretary
Mar 15, 2024	morral peter m.	sold (taxes)	-97,031	4.79	-20,257	chief development officer
Mar 15, 2024	plust steven	sold (taxes)	-77,813	4.79	-16,245	chief operating officer
Mar 15, 2024	taylor john a	acquired	-	-	74,404	president and ceo
Mar 15, 2024	plust steven	acquired	-	-	39,682	chief operating officer

Which funds bought or sold GPMT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 17, 2024	VIMA LLC	unchanged	-	-49.00	248	-%
May 16, 2024	Arete Wealth Advisors, LLC	added	14.12	-542,007	5,945,370	0.55%
May 16, 2024	JANE STREET GROUP, LLC	sold off	-100	-63,671	-	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.91	-25,461	24,518	-%
May 16, 2024	B. Riley Wealth Advisors, Inc.	new	-	55,400	55,400	-%
May 15, 2024	AMERIPRISE FINANCIAL INC	added	56.57	241,645	1,182,030	-%
May 15, 2024	CAPTRUST FINANCIAL ADVISORS	sold off	-100	-72,801	-	-%
May 15, 2024	MORGAN STANLEY	reduced	-25.11	-2,476,880	3,736,720	-%
May 15, 2024	STATE STREET CORP	added	2.29	-1,215,670	5,524,620	-%
May 15, 2024	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	unchanged	-	-71.00	291	-%

Are Funds Buying or Selling GPMT?

Are funds buying GPMT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GPMT

No. of Funds

Unveiling Granite Point Mortgage Trust Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.45%	2,811,904	SC 13G/A
Jan 08, 2024	blackrock inc.	10.5%	5,394,244	SC 13G/A
May 22, 2023	millennium management llc	4.9%	2,533,042	SC 13G
Apr 06, 2023	blackrock inc.	8.0%	4,199,477	SC 13G/A
Feb 09, 2023	vanguard group inc	6.84%	3,580,044	SC 13G/A
Jan 31, 2023	blackrock inc.	17.7%	9,246,925	SC 13G
Feb 25, 2022	ejf capital llc	0.3%	137,395	SC 13G/A
Jan 27, 2022	blackrock inc.	18.0%	9,702,002	SC 13G/A
Jan 26, 2022	blackrock inc.	18.0%	9,702,002	SC 13G/A
Feb 12, 2021	ejf capital llc	7.6%	4,525,198	SC 13G/A

Recent SEC filings of Granite Point Mortgage Trust Inc

View All Filings

Date Filed	Form Type	Document
May 07, 2024	10-Q	Quarterly Report
May 07, 2024	8-K	Current Report
Apr 22, 2024	ARS	ARS
Apr 22, 2024	DEF 14A	DEF 14A
Apr 22, 2024	DEFA14A	DEFA14A
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading

Peers (Alternatives to Granite Point Mortgage Trust Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	90.9B	11.2B	13.13%	1.87%	46.04	8.11	3.63%	50.79%
CCI	44.7B	6.8B	10.57%	-9.74%	32.06	6.53	-2.39%	-16.60%
AVB	28.3B	2.8B	9.91%	13.04%	29.6	10.08	5.72%	-6.47%
ARE	21.7B	3.0B	6.63%	6.21%	110.61	7.35	10.44%	-73.79%
AMH	13.5B	-	6.12%	9.11%	31.9	8.3	8.93%	11.87%
REG	11.3B	1.4B	6.30%	4.57%	30.12	8.22	10.48%	-2.93%
BXP	9.9B	3.3B	9.08%	28.09%	51.64	3	4.82%	-75.15%
MID-CAP
FRT	8.5B	1.2B	5.40%	14.57%	35.59	7.38	5.48%	-38.69%
SLG	3.4B	892.3M	6.62%	140.10%	-6.71	3.85	-5.33%	-307.54%
MAC	3.4B	878.0M	1.11%	67.10%	-9.8	3.82	2.35%	-290.60%
SMALL-CAP
AAT	1.4B	444.1M	12.17%	21.82%	20.36	3.15	3.54%	8.91%
AIV	1.2B	198.2M	6.70%	-0.84%	-7.55	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	7.51%	2.13%	36.77	1.73	27.93%	140.31%
NYMT	572.0M	285.4M	-8.06%	-36.92%	-4.15	2	11.05%	83.70%
IVR	459.4M	277.2M	15.74%	-12.95%	-56.03	1.66	25.89%	94.64%

Granite Point Mortgage Trust Inc News

Latest updates

Granite Point Mortgage Trust Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-12.1%	54.00	62.00	67.00	69.00	67.00	61.00	53.00	49.00	47.00	46.00	48.00	49.00	54.00	55.00	58.00	61.00	64.00	65.00	63.00	60.00	58.00
Costs and Expenses	17.8%	12.00	10.00	11.00	11.00	11.00	9.00	8.00	9.00	10.00	8.00	9.00	9.00	9.00	12.00	54.00	15.00	14.00	11.00	10.00	10.00	10.00
EBITDA Margin	-229.3%	-0.11*	0.08*	0.11*	0.09*	0.02*	0.21*	0.29*	0.55*	0.70*	0.81*	0.89*	0.71*	-	-	-	-	-	-	-	-	-
Interest Expenses	-27.7%	13.00	17.00	20.00	22.00	23.00	21.00	18.00	22.00	24.00	20.00	22.00	23.00	28.00	27.00	34.00	34.00	29.00	28.00	27.00	28.00	26.00
Income Taxes	-200.0%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	0.00	0.00	-0.01	-	0.00	0.00	0.00
Earnings Before Taxes	-450.2%	-74.12	-13.47	-20.92	5.00	-33.82	-6.22	-25.50	-13.72	5.00	8.00	19.00	14.00	28.00	24.00	-24.67	-1.74	-37.20	18.00	17.00	18.00	17.00
EBT Margin	-72.1%	-0.41*	-0.24*	-0.21*	-0.24*	-0.34*	-0.19*	-0.14*	0.09*	0.24*	0.35*	0.41*	0.19*	-	-	-	-	-	-	-	-	-
Net Income	-476.9%	-77.72	-13.47	-20.94	5.00	-33.83	-6.23	-25.50	-13.73	5.00	7.00	19.00	14.00	28.00	23.00	-24.67	-1.73	-37.19	18.00	17.00	18.00	17.00
Net Income Margin	-78.0%	-0.43*	-0.24*	-0.21*	-0.24*	-0.34*	-0.19*	-0.14*	0.09*	0.24*	0.34*	0.41*	0.19*	-	-	-	-	-	-	-	-	-
Free Cashflow	-82.9%	2.00	10.00	16.00	16.00	10.00	18.00	18.00	10.00	13.00	15.00	14.00	14.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-4.4%	2,720	2,847	3,131	3,311	3,475	3,454	3,783	4,097	4,047	3,989	3,899	3,854	4,100	4,220	4,403	4,416	4,477	4,461	4,308	3,804	3,487
Cash Equivalents	-10.8%	168	188	258	236	223	133	214	220	254	192	176	239	259	329	359	59.00	108	160	306	169	120
Liabilities	-2.1%	1,946	1,988	2,240	2,386	2,543	2,469	2,778	3,052	2,957	2,974	2,966	2,907	3,150	3,285	3,467	3,450	3,515	3,441	3,283	2,776	2,505
Shareholder's Equity	-9.9%	774	859	891	924	931	984	1,004	1,044	1,088	1,013	932	946	949	934	934	964	961	1,019	1,023	1,028	981
Additional Paid-In Capital	0.1%	1,199	1,198	1,202	1,201	1,198	1,202	1,202	1,199	1,213	1,125	1,037	1,056	1,059	1,058	1,057	1,051	1,050	1,048	1,047	1,046	995
Shares Outstanding	0.9%	51.00	51.00	52.00	52.00	52.00	52.00	52.00	54.00	54.00	55.00	54.00	55.00	-	-	-	-	-	-	-	-	-
Minority Interest	0%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-
Float	-	-	-	-	268	-	-	-	492	-	-	-	796	-	-	-	390	-	-	-	1,000	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-82.9%	2.00	10.00	16.00	16.00	10.00	18.00	18.00	10.00	13.00	15.00	14.00	14.00	17.00	-15.79	4.00	72.00	-39.33	11.00	22.00	10.00	19.00
Share Based Compensation	103.5%	2.00	1.00	2.00	2.00	2.00	1.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Cashflow From Investing	-90.1%	17.00	173	157	212	20.00	237	271	-91.02	-8.85	-58.63	-97.40	231	64.00	141	332	-55.24	-76.53	-293	-361	-259	-120
Cashflow From Financing	81.3%	-49.93	-267	-165	-177	57.00	-328	-295	47.00	45.00	72.00	20.00	-265	-151	-155	-36.50	-64.80	64.00	135	477	298	99.00
Dividend Payments	-1.9%	11.00	11.00	11.00	11.00	11.00	13.00	13.00	14.00	14.00	14.00	14.00	14.00	25.00	11.00	-	-	23.00	23.00	23.00	22.00	18.00
Buy Backs	-100.0%	-	5.00	-	-	5.00	-	-	16.00	-	0.00	14.00	4.00	-	-	-	-	-	-	-	-	-

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GPMT Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income:
Loans held-for-investment	$ 51,965	$ 65,291
Cash and cash equivalents	2,090	1,428
Total interest income	54,055	66,719
Interest expense:
Repurchase facilities	20,728	19,772
Secured credit facility	2,689	2,929
Securitized debt obligations	18,115	18,051
Convertible senior notes	0	2,311
Asset-specific financings	0	743
Total interest expense	41,532	43,806
Net interest income	12,523	22,913
Other income (loss):
Revenue from real estate owned operations	1,142	0
Provision for credit losses	(75,552)	(46,410)
Gain (loss) on extinguishment of debt	0	238
Total other loss	(74,410)	(46,172)
Expenses:
Compensation and benefits	5,987	5,912
Servicing expenses	1,376	1,378
Expenses from real estate owned operations	2,045	0
Other operating expenses	2,829	3,271
Total expenses	12,237	10,561
(Loss) income before income taxes	(74,124)	(33,820)
(Benefit from) provision for income taxes	(1)	9
Net (loss) income	(74,123)	(33,829)
Dividends on preferred stock	3,600	3,625
Net (loss) income attributable to common stockholders - basic	(77,723)	(37,454)
Net (loss) income attributable to common stockholders - diluted	$ (77,723)	$ (37,454)
Basic (loss) earnings per weighted average common share (in usd per share)	$ (1.53)	$ (0.72)
Diluted (loss) earnings per weighted average common share (in usd per share)	$ (1.53)	$ (0.72)
Weighted average number of shares of common stock outstanding:
Basic (in shares)	50,744,532	52,308,380
Diluted (in shares)	50,744,532	52,308,380
Net (loss) income attributable to common stockholders - basic	$ (77,723)	$ (37,454)
Net (loss) income attributable to common stockholders - diluted	(77,723)	(37,454)
Comprehensive (loss) income
Comprehensive (loss) income	$ (77,723)	$ (37,454)

GPMT Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands

Mar. 31, 2024

Dec. 31, 2023

ASSETS

Loans held-for-investment

$ 2,702,684

$ 2,718,486

Allowance for credit losses

(210,145)

(134,661)

Loans held-for-investment, net

2,492,539

2,583,825

Cash and cash equivalents

155,216

188,370

Restricted cash

12,809

10,846

Real estate owned, net

16,365

16,939

Accrued interest receivable

11,366

12,380

Other assets

31,950

34,572

Total Assets

^[1]

2,720,245

2,846,932

Liabilities

Repurchase facilities

842,496

875,442

Securitized debt obligations

990,617

991,698

Secured credit facility

84,000

Dividends payable

11,643

14,136

Other liabilities

17,246

22,633

Total Liabilities

^[1]

1,946,002

1,987,909

Commitments and Contingencies (see Note 10)

Stockholders’ Equity

7.00% Series A cumulative redeemable preferred stock, par value $0.01 per share; 11,500,000 shares authorized, and 8,229,500 and 8,229,500 shares issued and outstanding, respectively; liquidation preference $25.00 per share

82

Common stock, par value $0.01 per share; 450,000,000 shares authorized, and 51,034,800 shares and 50,577,841 issued and outstanding, respectively

510

506

Additional paid-in capital

1,199,030

1,198,048

Cumulative earnings

(6,628)

67,495

Cumulative distributions to stockholders

(418,876)

(407,233)

Total Granite Point Mortgage Trust Inc. Stockholders’ Equity

774,118

858,898

Non-controlling interests

125

Total Equity

774,243

859,023

Total Liabilities and Stockholders’ Equity

$ 2,720,245

$ 2,846,932

[1]

The condensed consolidated balance sheets include assets of consolidated variable interest entities, or VIEs, that can only be used to settle obligations of these VIEs, and liabilities of the consolidated VIEs for which creditors do not have recourse to Granite Point Mortgage Trust Inc. At March 31, 2024, and December 31, 2023, assets of the VIEs totaled $1,177,850 and $1,233,821, respectively, and liabilities of the VIEs totaled $992,789 and $994,081, respectively. See Note 5 - Variable Interest Entitiesand Securitized Debt Obligations, for further detail.

About Granite Point Mortgage Trust Inc

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. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York.

CEO	Mr. John A. Taylor J.D.
WEBSITE	gpmtreit.com
INDUSTRY	REIT Mortgage
EMPLOYEES	35

Granite Point Mortgage Trust Inc Frequently Asked Questions

What is the ticker symbol for Granite Point Mortgage Trust Inc? What does GPMT stand for in stocks?

GPMT is the stock ticker symbol of Granite Point Mortgage Trust Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Granite Point Mortgage Trust Inc (GPMT)?

As of Fri May 17 2024, market cap of Granite Point Mortgage Trust Inc is 174.03 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GPMT stock?

You can check GPMT's fair value in chart for subscribers.

What is the fair value of GPMT stock?

You can check GPMT's fair value in chart for subscribers. The fair value of Granite Point Mortgage Trust Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Granite Point Mortgage Trust Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GPMT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Granite Point Mortgage Trust Inc a good stock to buy?

The fair value guage provides a quick view whether GPMT is over valued or under valued. Whether Granite Point Mortgage Trust Inc is cheap or expensive depends on the assumptions which impact Granite Point Mortgage Trust Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GPMT.

What is Granite Point Mortgage Trust Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, GPMT's PE ratio (Price to Earnings) is -1.63 and Price to Sales (PS) ratio is 0.69. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GPMT PE ratio will change depending on the future growth rate expectations of investors.