GPMT

Granite Point Mortgage Trust
GPMT
Market cap $124M

2.56 USD

+0.06

2.40%

Updated Jul 31, 12:22 PM EDT

1 day

2.40%

5 days

-3.40%

1 month

3.64%

3 months

29.95%

6 months

-9.86%

Year to date

-8.24%

1 year

-14.09%

5 years

-62.30%

10 years

-86.53%

About: Granite Point Mortgage Trust Inc focuses on directly originating, investing in, and managing senior floating rate commercial mortgage loans and other debt and debt-like commercial real estate investments. The company constructs its investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting, selectivity, and diversification, and assesses each investment from a fundamental value perspective relative to other opportunities available in the market. It typically provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancing, and a range of business plans, including lease-up, renovation, repositioning and repurposing of the property.

Employees: 33

Real Estate Mortgage REIT

0

Funds holding %

of 7,324 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

164% more call options, than puts

Call options by funds: $203K | Put options by funds: $77K

0.19% more ownership

Funds ownership: 47.51% [Q4 2024] → 47.71% (+0.19%) [Q1 2025]

6% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 16

3% less funds holding

Funds holding: 121 [Q4 2024] → 117 (-4) [Q1 2025]

9% less capital invested

Capital invested by funds: $66.3M [Q4 2024] → $60.6M (-$5.69M) [Q1 2025]

33% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 46

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Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$2.75

7%

upside

Avg. target

$3

17%

upside

High target

$3.25

27%

upside

2 analyst ratings

1 positive

50%

1 neutral

50%

0 negative

0%

Keefe, Bruyette & Woods Jade Rahmani	7%upside $2.75	Market Perform Maintained	10 Jul 2025
UBS Douglas Harter	27%upside $3.25	Buy Maintained	21 May 2025

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Financial journalist opinion

Granite Point Mortgage Trust Inc. Announces Dates for Second Quarter 2025 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for Second Quarter 2025 Earnings Release and Conference Call.

Granite Point Mortgage Trust Inc. Announces Dates for Second Quarter 2025 Earnings Release and Conference Call

High Yields, Weird Prices

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High Yields, Weird Prices

Where Fat Yields Meet Lower Risk

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Where Fat Yields Meet Lower Risk

Granite Point Mortgage: Not A Compelling Investment At The Moment

Granite Point Mortgage Trust's common shares have dipped significantly over the past 1-year, reflecting ongoing challenges with its CRE loan portfolio. The mREIT reported a first-quarter book value of $8.24 per share, dipping by 23 cents sequentially with the commons trading at a 71% discount to book value per share. GPMT's unpaid principal balance continues to decline on muted originations. But CECL reserve as a percentage of loan commitments has been falling, down 40 basis points sequentially.

Granite Point Mortgage: Not A Compelling Investment At The Moment

Granite Point Mortgage Trust Inc. Announces Second Quarter 2025 Common and Preferred Stock Dividends and Business Update

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Second Quarter 2025 Common and Preferred Stock Dividends and Business Update.

Granite Point Mortgage Trust Inc. Announces Second Quarter 2025 Common and Preferred Stock Dividends and Business Update

A Brief Lesson On Huge Yielders

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Tariffs On, Tariffs Off

US equity markets rallied this week, capping off the best monthly gains since November 2023, as investors weighed encouraging inflation data against a whipsaw of court rulings on tariffs. Extending the on-again-off-again tariff saga, a trade court ruled that the tariffs were procedurally invalid, but an Appeals court paused the block, likely sending the decision to the Supreme Court. Rebounding from declines of 2.6% last week, the S&P 500 rallied 1.8% this week, closing within 4% of its February record highs.

Tariffs On, Tariffs Off

Fat Dividends Served Reality Check

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Fat Dividends Served Reality Check

Granite Point Mortgage Trust, Inc. (GPMT) Q1 2025 Earnings Call Transcript

Granite Point Mortgage Trust, Inc. (NYSE:GPMT ) Q1 2025 Earnings Conference Call May 7, 2025 11:00 AM ET Company Participants Chris Petta - Head, IR Jack Taylor - President & CEO Steve Alpart - CIO & Co-Head, Originations Blake Johnson - CFO Peter Morral - CDO & Co-Head, Originations Ethan Lebowitz - COO Conference Call Participants Doug Harter - UBS Steve DeLaney - Citizens JMP Jade Rahmani - KBW Operator Good morning. My name is Paul, and I will be your conference facilitator.

Granite Point Mortgage Trust, Inc. (GPMT) Q1 2025 Earnings Call Transcript

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