GPMT

Granite Point Mortgage Trust
GPMT
Market cap $117M

2.42 USD

-0.13

5.10%

At close Jun 13, 4:00 PM EDT

After hours

2.42

+0.00

0.00%

1 day

-5.10%

5 days

-7.28%

1 month

1.26%

3 months

-12.32%

6 months

-27.98%

Year to date

-13.26%

1 year

-23.66%

5 years

-66.53%

10 years

-87.26%

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 7,296 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

See Fund Rankings

Research analyst outlook

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

Low target

$2.25

7%

downside

Avg. target

$2.75

14%

upside

High target

$3.25

34%

upside

2 analyst ratings

1 positive

50%

1 neutral

50%

0 negative

0%

UBS Douglas Harter	34%upside $3.25	Buy Maintained	21 May 2025
Keefe, Bruyette & Woods Jade Rahmani	7%downside $2.25	Market Perform Maintained	30 Apr 2025

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about GPMT published over the past 30 days

A Brief Lesson On Huge Yielders

Charts? Dog photos? Me? An Opportunity to learn? So many reasons to like this article. Beware of extremely high return on equity figures. It looks great today, but you need to evaluate the source of the income.

A Brief Lesson On Huge Yielders

Big Dividend Yielders At A Glance

We all learn over time. Some of us more than others. The agency mortgage REIT price-to-book ratios are getting really high, except for the weaker ones. That doesn't make the weak ones a great bargain. Main Street Capital stands out among BDCs for superior management and NAV growth, but that valuation just refuses to come down.

Big Dividend Yielders At A Glance

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

Big dividends sound great, but how about big losses? Since Q2 2025 began, book values got smacked. Not talking about share prices. You can tell if the share price declined (hopefully). That would be a worthless article. One of these high-yield sectors has been doing much better than the others.

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

Granite Point Mortgage Trust Inc. Reports First Quarter 2025 Financial Results and Post Quarter-End Update

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports First Quarter 2025 Financial Results and Post Quarter-End Update.

Granite Point Mortgage Trust Inc. Reports First Quarter 2025 Financial Results and Post Quarter-End Update

Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2025 Earnings Release and Conference Call and Provides Business Update

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

Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2025 Earnings Release and Conference Call and Provides Business Update

Focusing On Lower Risk Shares (And Updated Charts For High-Yield Stocks)

Market volatility has increased, making it challenging to predict future Treasury rates and impacting the frequency of my article publications. Price-to-book ratios reveal bargains. Preferred shares offer lower risk and high yields; recent trades in DX-C and EFC-B have been profitable.

Focusing On Lower Risk Shares (And Updated Charts For High-Yield Stocks)

15% Yields Want To Mug Your Dividends

Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture some gains in this sector.

15% Yields Want To Mug Your Dividends

Granite Point Mortgage: Definitely Not Out Of The Woods Yet

Granite Point Mortgage Trust's preferred shares face challenges with dividend coverage and asset coverage ratios amid increased operating expenses and credit provisions. Despite a significant pre-tax loss and declining common equity, I maintain my position in GPMT's Series A preferred shares. The preferred shares offer a 10.1% yield now, potentially rising to 14.7% by 2027, but market concerns persist.

Granite Point Mortgage: Definitely Not Out Of The Woods Yet

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