GPMT Stock Price, Granite Point Mortgage Trust Quote, Chart

Market Summary

USD4.42-0.05

Market Closed

-1.12%

GPMT Stock Price

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GPMT RSI Chart

GPMT Valuation

Market Cap

227.0M

Price/Earnings (Trailing)

-3.59

Price/Sales (Trailing)

0.86

EV/EBITDA

1.73

Price/Free Cashflow

4.36

GPMT Price/Sales (Trailing)

GPMT Profitability

EBT Margin

-23.93%

Return on Equity

-7.36%

Return on Assets

-2.22%

Free Cashflow Yield

22.95%

GPMT Fundamentals

GPMT Revenue

Revenue (TTM)

263.7M

Rev. Growth (Yr)

0.14%

Rev. Growth (Qtr)

-7.77%

GPMT Earnings

Earnings (TTM)

-63.2M

Earnings Growth (Yr)

-116.4%

Earnings Growth (Qtr)

35.65%

Breaking Down GPMT Revenue

Last 7 days

5.9%

Last 30 days

-7.6%

Last 90 days

-23.1%

Trailing 12 Months

3.5%

How does GPMT drawdown profile look like?

GPMT Financial Health

GPMT Investor Care

Dividend Yield

17.9%

Dividend/Share (TTM)

0.8

Buy Backs (1Y)

3.30%

Diluted EPS (TTM)

-1.5

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
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
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	reduced	-12.03	-86,672	208,551	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	29,306	164,223	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	added	1.97	-237,796	1,075,140	-%
Apr 22, 2024	Accordant Advisory Group Inc	new	-	4,770	4,770	-%
Apr 19, 2024	Insight Folios Inc	sold off	-100	-213,905	-	-%
Apr 19, 2024	CALDWELL SUTTER CAPITAL, INC.	reduced	-3.28	-60,717	211,216	0.10%
Apr 19, 2024	Abundance Wealth Counselors	added	62.65	60,000	257,000	0.06%
Apr 18, 2024	Naviter Wealth, LLC	new	-	68,880	68,880	0.01%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	new	-	1,827	1,827	-%
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	unchanged	-	-42.00	172	-%

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
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
Mar 19, 2024	4	Insider Trading
Mar 05, 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	81.2B	11.1B	-9.63%	-14.57%	59.43	7.29	4.04%	-19.43%
CCI	41.5B	7.0B	-7.14%	-23.31%	27.61	5.94	-0.07%	-10.36%
AVB	26.8B	2.8B	3.01%	9.02%	28.86	9.68	6.73%	-18.30%
ARE	19.9B	3.0B	-4.73%	-3.60%	103.23	6.73	10.44%	-74.28%
AMH	12.9B	1.6B	-1.98%	8.50%	29.83	8.02	7.80%	39.39%
REG	11.1B	1.3B	1.26%	0.15%	30.42	8.39	8.04%	-24.50%
BXP	9.9B	3.3B	-0.65%	20.81%	51.88	3.01	5.31%	-77.32%
MID-CAP
FRT	8.5B	1.1B	3.35%	7.17%	36.02	7.54	5.38%	-38.52%
MAC	3.5B	884.1M	-4.94%	65.24%	-12.7	3.94	2.90%	-314.82%
SLG	3.4B	899.4M	-0.98%	126.14%	-6.02	3.78	-0.45%	-623.11%
SMALL-CAP
AAT	1.3B	441.2M	2.71%	21.12%	20.35	2.98	4.38%	15.77%
AIV	1.2B	198.2M	0.88%	3.60%	-7.42	5.71	-43.33%	-270.70%
MFA	1.1B	605.6M	-6.60%	4.26%	13.7	1.81	25.53%	134.62%
NYMT	656.9M	258.7M	3.60%	-29.41%	-13.5	2.54	0.11%	83.70%
IVR	415.3M	277.9M	-9.02%	-18.46%	-26.19	1.49	44.33%	96.06%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-7.8%	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	53.00
Costs and Expenses	-5.3%	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	8.00
EBITDA Margin	-	0.08*	-	0.09*	0.02*	0.21*	0.29*	0.55*	0.70*	0.81*	0.89*	0.71*	0.65*	-	-	-	-	-	-	-	-	-
Interest Expenses	-13.0%	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	24.00
Income Taxes	-93.3%	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	35.6%	-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	17.00
EBT Margin	-12.9%	-0.24*	-0.21*	-0.24*	-0.34*	-0.19*	-0.14*	0.09*	0.24*	0.35*	0.41*	0.19*	-	-	-	-	-	-	-	-	-	-
Net Income	35.6%	-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	17.00
Net Income Margin	-12.9%	-0.24*	-0.21*	-0.24*	-0.34*	-0.19*	-0.14*	0.09*	0.24*	0.34*	0.41*	0.19*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-39.6%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-9.1%	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	3,362
Cash Equivalents	-26.9%	188	258	236	223	133	214	220	254	192	176	239	259	329	359	59.00	108	160	306	169	120	123
Liabilities	-11.2%	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	2,533
Shareholder's Equity	-3.6%	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	828
Additional Paid-In Capital	-0.3%	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	836
Shares Outstanding	-1.9%	51.00	52.00	52.00	52.00	52.00	52.00	54.00	54.00	55.00	54.00	55.00	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	-	-	-	-	-	-	-	-	-
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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-39.6%	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	19.00
Share Based Compensation	-32.1%	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	1.00
Cashflow From Investing	10.7%	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	-452
Cashflow From Financing	-61.2%	-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	403
Dividend Payments	0.0%	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	18.00
Buy Backs	-	5.00	-	-	5.00	-	-	16.00	-	0.00	14.00	4.00	-	-	-	-	-	-	-	-	-	-

GPMT Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest income:
Loans held-for-investment	$ 254,733	$ 208,500	$ 197,942
Cash and cash equivalents	9,002	2,354	346
Total interest income	263,735	210,854	198,288
Interest expense:
Repurchase facilities	86,593	49,452	25,973
Secured credit facility	12,290	383	0
Securitized debt obligations	72,975	51,631	29,926
Convertible senior notes	6,975	17,527	18,167
Term financing facility	0	1,713	7,585
Asset-specific financings	2,902	1,669	2,241
Senior secured term loan facilities	0	3,754	21,688
Total interest expense	181,735	126,129	105,580
Net interest income	82,000	84,725	92,708
Other (loss) income:
Revenue from real estate owned operations	2,622	0	0
(Provision for) benefit from credit losses	(104,807)	(69,265)	20,027
Gain (loss) on extinguishment of debt	238	(18,823)	(8,919)
Realized losses on sales	0	(1,702)	0
Fee income	134	954	0
Total other (loss) income	(101,813)	(88,836)	11,108
Expenses:
Compensation and benefits	21,711	20,225	21,464
Servicing expenses	5,313	5,718	5,173
Expenses from real estate owned operations	5,977	0	0
Other operating expenses	10,289	10,754	8,634
Total expenses	43,290	36,697	35,271
(Loss) income before income taxes	(63,103)	(40,808)	68,545
Provision for (benefit from) income taxes	95	17	192
Net (loss) income	(63,198)	(40,825)	68,353
Dividends on preferred stock	14,451	14,502	793
Net (loss) income attributable to common stockholders - basic	(77,649)	(55,327)	67,560
Net (loss) income attributable to common stockholders - diluted	$ (77,649)	$ (55,327)	$ 67,560
Basic (loss) earnings per weighted average common share (in usd per share)	$ (1.50)	$ (1.04)	$ 1.24
Diluted (loss) earnings per weighted average common share (in usd per share)	$ (1.50)	$ (1.04)	$ 1.23
Weighted average number of shares of common stock outstanding:
Basic (in shares)	51,641,619	53,011,806	54,593,499
Diluted (in shares)	51,641,619	53,011,806	54,929,070
Net (loss) income attributable to common stockholders - basic	$ (77,649)	$ (55,327)	$ 67,560
Net (loss) income attributable to common stockholders - diluted	(77,649)	(55,327)	67,560
Comprehensive (loss) income
Comprehensive (loss) income	$ (77,649)	$ (55,327)	$ 67,560

GPMT Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

ASSETS

Loans held-for-investment

$ 2,718,486

$ 3,350,150

Allowance for credit losses

(134,661)

(82,335)

Loans held-for-investment, net

2,583,825

3,267,815

Cash and cash equivalents

188,370

133,132

Restricted cash

10,846

7,033

Real estate owned, net

16,939

0

Accrued interest receivable

12,380

13,413

Other assets

34,572

32,708

Total Assets

^[1]

2,846,932

3,454,101

Liabilities

Repurchase facilities

875,442

1,015,566

Securitized debt obligations

991,698

1,138,749

Asset-specific financings

0

44,913

Secured credit facility

84,000

100,000

Convertible senior notes

0

130,918

Dividends payable

14,136

14,318

Other liabilities

22,633

24,967

Total Liabilities

^[1]

1,987,909

2,469,431

Commitments and Contingencies (see Note 10)

10.00% cumulative redeemable preferred stock, par value $0.01 per share; 50,000,000 shares authorized

0

1,000

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 50,577,841 shares and 52,350,989 issued and outstanding, respectively

506

524

Additional paid-in capital

1,198,048

1,202,315

Cumulative earnings

67,495

130,693

Cumulative distributions to stockholders

(407,233)

(350,069)

Total Granite Point Mortgage Trust Inc. Stockholders’ Equity

858,898

983,545

Non-controlling interests

125

Total Equity

859,023

983,670

Total Liabilities and Stockholders’ Equity

$ 2,846,932

$ 3,454,101

[1]

The 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 December 31, 2023, and December 31, 2022, assets of the VIEs totaled $1,233,821 and $1,551,936, respectively, and liabilities of the VIEs totaled $994,081 and $1,141,028, 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 Tue Apr 23 2024, market cap of Granite Point Mortgage Trust Inc is 227.04 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 Tue Apr 23 2024, GPMT's PE ratio (Price to Earnings) is -3.59 and Price to Sales (PS) ratio is 0.86. 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.