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Granite Point Mortgage Trust (GPMT) Competitors

$2.94
-0.12 (-3.92%)
(As of 05/28/2024 ET)

GPMT vs. GMRE, DHC, NYMT, FPI, UHT, OLP, LAND, PKST, ORC, and IVR

Should you be buying Granite Point Mortgage Trust stock or one of its competitors? The main competitors of Granite Point Mortgage Trust include Global Medical REIT (GMRE), Diversified Healthcare Trust (DHC), New York Mortgage Trust (NYMT), Farmland Partners (FPI), Universal Health Realty Income Trust (UHT), One Liberty Properties (OLP), Gladstone Land (LAND), Peakstone Realty Trust (PKST), Orchid Island Capital (ORC), and Invesco Mortgage Capital (IVR). These companies are all part of the "real estate investment trusts" industry.

Granite Point Mortgage Trust vs.

Granite Point Mortgage Trust (NYSE:GPMT) and Global Medical REIT (NYSE:GMRE) are both small-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, institutional ownership, dividends, analyst recommendations, profitability, valuation, risk, community ranking and media sentiment.

Global Medical REIT has lower revenue, but higher earnings than Granite Point Mortgage Trust. Granite Point Mortgage Trust is trading at a lower price-to-earnings ratio than Global Medical REIT, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Granite Point Mortgage Trust$263.73M0.58-$63.20M-$2.31-1.29
Global Medical REIT$141.05M4.21$20.61M$0.2339.39

Granite Point Mortgage Trust presently has a consensus price target of $6.56, indicating a potential upside of 119.48%. Global Medical REIT has a consensus price target of $11.25, indicating a potential upside of 24.86%. Given Granite Point Mortgage Trust's higher probable upside, equities research analysts plainly believe Granite Point Mortgage Trust is more favorable than Global Medical REIT.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Granite Point Mortgage Trust
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25
Global Medical REIT
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Granite Point Mortgage Trust pays an annual dividend of $0.60 per share and has a dividend yield of 20.1%. Global Medical REIT pays an annual dividend of $0.84 per share and has a dividend yield of 9.3%. Granite Point Mortgage Trust pays out -26.0% of its earnings in the form of a dividend. Global Medical REIT pays out 365.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Granite Point Mortgage Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

Global Medical REIT has a net margin of 13.77% compared to Granite Point Mortgage Trust's net margin of -40.36%. Global Medical REIT's return on equity of 3.54% beat Granite Point Mortgage Trust's return on equity.

Company Net Margins Return on Equity Return on Assets
Granite Point Mortgage Trust-40.36% 2.75% 0.79%
Global Medical REIT 13.77%3.54%1.50%

Global Medical REIT received 76 more outperform votes than Granite Point Mortgage Trust when rated by MarketBeat users. Likewise, 63.57% of users gave Global Medical REIT an outperform vote while only 58.07% of users gave Granite Point Mortgage Trust an outperform vote.

CompanyUnderperformOutperform
Granite Point Mortgage TrustOutperform Votes
205
58.07%
Underperform Votes
148
41.93%
Global Medical REITOutperform Votes
281
63.57%
Underperform Votes
161
36.43%

Granite Point Mortgage Trust has a beta of 1.8, indicating that its stock price is 80% more volatile than the S&P 500. Comparatively, Global Medical REIT has a beta of 1.13, indicating that its stock price is 13% more volatile than the S&P 500.

51.6% of Granite Point Mortgage Trust shares are held by institutional investors. Comparatively, 57.5% of Global Medical REIT shares are held by institutional investors. 2.3% of Granite Point Mortgage Trust shares are held by company insiders. Comparatively, 8.2% of Global Medical REIT shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

In the previous week, Granite Point Mortgage Trust had 1 more articles in the media than Global Medical REIT. MarketBeat recorded 1 mentions for Granite Point Mortgage Trust and 0 mentions for Global Medical REIT. Granite Point Mortgage Trust's average media sentiment score of 1.08 beat Global Medical REIT's score of 0.00 indicating that Granite Point Mortgage Trust is being referred to more favorably in the media.

Company Overall Sentiment
Granite Point Mortgage Trust Positive
Global Medical REIT Neutral

Summary

Global Medical REIT beats Granite Point Mortgage Trust on 12 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding GPMT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GPMT vs. The Competition

MetricGranite Point Mortgage TrustReal estate investment trusts IndustryFinance SectorNYSE Exchange
Market Cap$152.07M$6.46B$9.02B$17.72B
Dividend Yield19.54%6.97%10.71%3.53%
P/E Ratio-1.2928.5956.5622.62
Price / Sales0.586.163,533.6610.26
Price / Cash3.2914.6927.8115.70
Price / Book0.182.212.455.10
Net Income-$63.20M$148.96M$1.00B$974.28M
7 Day Performance-10.38%-2.51%-0.96%-1.14%
1 Month Performance-32.12%0.90%2.08%4.77%
1 Year Performance-38.30%2.90%25.21%23.90%

Granite Point Mortgage Trust Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GMRE
Global Medical REIT
3.6156 of 5 stars
$8.90
+2.8%
$11.25
+26.4%
+6.6%$583.73M$141.05M38.7026
DHC
Diversified Healthcare Trust
4.0546 of 5 stars
$2.30
flat
$4.50
+96.1%
+101.8%$551.70M$1.41B-1.68N/AShort Interest ↑
Positive News
NYMT
New York Mortgage Trust
3.1614 of 5 stars
$5.90
+2.3%
$8.00
+35.6%
-38.6%$538.25M$258.66M-3.1979Short Interest ↑
FPI
Farmland Partners
3.572 of 5 stars
$10.93
-0.2%
$15.00
+37.2%
-2.2%$526.47M$57.47M21.4325Short Interest ↑
Positive News
UHT
Universal Health Realty Income Trust
1.8539 of 5 stars
$37.34
+1.4%
N/A-13.1%$516.23M$95.57M31.91N/ANews Coverage
OLP
One Liberty Properties
2.2142 of 5 stars
$23.11
-0.3%
$25.00
+8.2%
+16.0%$486.84M$90.65M16.9910
LAND
Gladstone Land
3.0869 of 5 stars
$13.32
-0.1%
$16.00
+20.1%
-13.5%$477.36M$90.40M222.04N/A
PKST
Peakstone Realty Trust
1.2026 of 5 stars
$12.68
-1.2%
$21.00
+65.6%
-47.8%$460.36M$254.28M-0.8235
ORC
Orchid Island Capital
1.1634 of 5 stars
$8.57
+1.9%
N/A-15.0%$453.99M$177.57M-16.172,018Short Interest ↓
Positive News
IVR
Invesco Mortgage Capital
0.3753 of 5 stars
$9.15
+3.2%
$9.25
+1.1%
-10.9%$446.76M$277.93M-13.07N/ANews Coverage

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This page (NYSE:GPMT) was last updated on 5/28/2024 by MarketBeat.com Staff

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