GPMT

Granite Point Mortgage Trust

2.95 USD
-0.01
0.34%
At close Updated Sep 16, 4:00 PM EDT
1 day
-0.34%
5 days
-1.67%
1 month
5.73%
3 months
25%
6 months
2.79%
Year to date
5.73%
1 year
5.73%
5 years
-54.55%
10 years
-84.47%
 

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

0
Funds holding %
of 7,463 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

273% more call options, than puts

Call options by funds: $298K | Put options by funds: $80K

5.33% less ownership

Funds ownership: 47.71% [Q1] → 42.38% (-5.33%) [Q2]

8% less funds holding

Funds holding: 117 [Q1] → 108 (-9) [Q2]

16% less capital invested

Capital invested by funds: $60.6M [Q1] → $50.7M (-$9.92M) [Q2]

21% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 38

24% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 37

Research analyst outlook

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

Low target
$2.75
7% downside
Avg. target
$3.13
6% upside
High target
$3.5
19% upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
UBS
Douglas Harter
$3.5
Buy
Maintained
20 Aug 2025
Keefe, Bruyette & Woods
Jade Rahmani
$2.75
Market Perform
Maintained
10 Jul 2025

Financial journalist opinion

Positive
Seeking Alpha
1 month ago
Disinflation Dividend: REIT Earnings Scorecard
A surprising solid REIT earnings season wrapped up this week. Of the 100 equity REITs that provide full-year FFO guidance, 62% raised their outlook - above the historical 55% average. Disinflation was a surprisingly common thread across second-quarter results, with the majority of the upside revisions being driven by improved expense expectations - the highest quantity of expense reductions ever. Healthcare REITs were notable upside standouts as senior housing fundamentals remained stellar, while skilled nursing REITs received some good news on the policy front via healthy CMS Medicare rate increases.
Disinflation Dividend: REIT Earnings Scorecard
Neutral
Seeking Alpha
1 month ago
Granite Point Mortgage Trust Inc. (GPMT) Q2 2025 Earnings Call Transcript
Granite Point Mortgage Trust Inc. (NYSE:GPMT ) Q2 2025 Earnings Conference Call August 6, 2025 11:00 AM ET Company Participants Blake N. Johnson - VP, CFO & Treasurer Chris Petta - Investor Relations Officer John A.
Granite Point Mortgage Trust Inc. (GPMT) Q2 2025 Earnings Call Transcript
Neutral
Business Wire
1 month ago
Granite Point Mortgage Trust Inc. Reports Second Quarter 2025 Financial Results and Post Quarter-End Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Second Quarter 2025 Financial Results and Post Quarter-End Update.
Granite Point Mortgage Trust Inc. Reports Second Quarter 2025 Financial Results and Post Quarter-End Update
Neutral
Business Wire
1 month ago
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
Neutral
Seeking Alpha
2 months ago
High Yields, Weird Prices
Similar preferred shares trade at materially different prices. One of these preferred shares is surprisingly expensive. One of the best BDCs is nearing an incredibly rare threshold.
High Yields, Weird Prices
Positive
Seeking Alpha
2 months ago
Where Fat Yields Meet Lower Risk
Many investors go for big yield with bigger risk. Barf. This report was recently sent to our members. We picked up shares with a 9.5% yield.
Where Fat Yields Meet Lower Risk
Neutral
Seeking Alpha
2 months ago
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
Neutral
Business Wire
3 months ago
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
Neutral
Seeking Alpha
3 months ago
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
Neutral
Seeking Alpha
3 months ago
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
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