NYSE
GPMT-PA

Granite Point Mortgage Trust Inc.

REIT-Mortgage
Real Estate

Prices are adjusted according to historical splits.

Granite Point Mortgage Trust Inc. Stock Price

Vitals

Today's Low:
$17.11
Today's High:
$17.427
Open Price:
$17.17
52W Low:
$15.2271
52W High:
$20.2144
Prev. Close:
$17.1699
Volume:
15613

Company Statistics

Market Cap.:
$0
Book Value:
17.922
Revenue TTM:
$-20147000
Operating Margin TTM:
292.7%
Gross Profit TTM:
$10.70 million
Profit Margin:
0%
Return on Assets TTM:
-1.63%
Return on Equity TTM:
-6.15%

Company Profile

Granite Point Mortgage Trust Inc. had its IPO on 2021-11-23 under the ticker symbol GPMT-PA.

The company operates in the Real Estate sector and REIT-Mortgage industry. Granite Point Mortgage Trust Inc. has a staff strength of 35 employees.

Stock update

Shares of Granite Point Mortgage Trust Inc. opened at $17.17 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $17.11 - $17.43, and closed at $17.2.

This is a +0.18% increase from the previous day's closing price.

A total volume of 15,613 shares were traded at the close of the day’s session.

In the last one week, shares of Granite Point Mortgage Trust Inc. have slipped by -0.12%.

Granite Point Mortgage Trust Inc.'s Key Ratios

Granite Point Mortgage Trust Inc. has a market cap of $0, indicating a price to book ratio of 0 and a price to sales ratio of 0.

In the last 12-months Granite Point Mortgage Trust Inc.’s revenue was $-20147000 with a gross profit of $10.70 million and an EBITDA of $0. The EBITDA ratio measures Granite Point Mortgage Trust Inc.'s overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Granite Point Mortgage Trust Inc.’s operating margin was 292.7% while its return on assets stood at -1.63% with a return of equity of -6.15%.

In Q2, Granite Point Mortgage Trust Inc.’s quarterly earnings growth was a positive 0% while revenue growth was a positive 82.7%.

Granite Point Mortgage Trust Inc.’s PE and PEG Ratio

Forward PE
0
Trailing PE
25.8171
PEG

Its diluted EPS in the last 12-months stands at $0.667 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Granite Point Mortgage Trust Inc.’s profitability.

Granite Point Mortgage Trust Inc. stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.

Granite Point Mortgage Trust Inc. stock pays annual dividends of $0.85 per share, indicating a yield of 10.17% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$3.31 billion
Total Liabilities
$100.00 million
Operating Cash Flow
$0
Capital Expenditure
$0
Dividend Payout Ratio
0%

Granite Point Mortgage Trust Inc. ended 2024 with $3.31 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.31 billion while shareholder equity stood at $924.32 million.

Granite Point Mortgage Trust Inc. ended 2024 with $0 in deferred long-term liabilities, $100.00 million in other current liabilities, 516000.00 in common stock, $-276856000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $235.84 million and cash and short-term investments were $235.84 million. The company’s total short-term debt was $100,000,000 while long-term debt stood at $1.18 billion.

Granite Point Mortgage Trust Inc.’s total current assets stands at $249.04 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $13.20 million compared to accounts payable of $0 and inventory worth $0.

In 2024, Granite Point Mortgage Trust Inc.'s operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Granite Point Mortgage Trust Inc. paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$17.2
52-Week High
$20.2144
52-Week Low
$15.2271
Analyst Target Price
$

Granite Point Mortgage Trust Inc. stock is currently trading at $17.2 per share. It touched a 52-week high of $20.2144 and a 52-week low of $20.2144. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $17.18 and 200-day moving average was $16.87 The short ratio stood at 0.17 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 1651.6% are held by institutions.

Frequently Asked Questions About Granite Point Mortgage Trust Inc.

The stock symbol (also called stock or share ticker) of Granite Point Mortgage Trust Inc. is GPMT-PA

The IPO of Granite Point Mortgage Trust Inc. took place on 2021-11-23

Similar Industry Stocks (REIT-Mortgage)

Last Price
Chg
Chg%
$19.79
0.26
+1.33%
B & A LTD. (BNALTD)
$297
-7
-2.3%
$377
-16.8
-4.27%
Premier Limited (PREMIER)
$2.3
0.1
+4.55%
Rishiroop Ltd (RISHIROOP)
$131.15
-7.25
-5.24%
$2.29
0.15
+7.05%
$162.6
-13.25
-7.53%
$37.26
-0.74
-1.95%
AYM Syntex Ltd (AYMSYNTEX)
$67.48
-2.52
-3.6%
$21.34
-1.12
-4.99%

Most Active

Last Price
Chg
Chg%
Amyris Inc (AMRS)
$0.14
0.07
+100%
$0.12
0.04
+45.29%
$0.96
0.05
+5.4%
$1.34
-0.35
-20.71%
Humbl Inc (HMBL)
$0
0
0%

Top Gainers

Last Price
Chg
Chg%
$0
0
+172200%
$0
0
+51200%
$283
280.03
+9428.62%
$11.2
10.57
+1667.68%
Latch Inc (LTCHW)
$0.01
-0.03
+1550%

Top Losers

Last Price
Chg
Chg%
$0.19
-123.15
-99.85%
$0
-0.11
-99.55%
$0
-0
-97.96%
$0
-0.01
-93.94%
$0.01
-0.06
-92.24%

About

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.

Address

3 Bryant Park, New York, NY, United States, 10036