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NYSE:GPMT

Granite Point Mortgage Trust (GPMT) Stock Price, News & Analysis

Granite Point Mortgage Trust logo
$2.77 -0.08 (-2.67%)
Closing price 03:59 PM Eastern
Extended Trading
$2.75 -0.02 (-0.87%)
As of 07:56 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Granite Point Mortgage Trust Stock (NYSE:GPMT)

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Key Stats

Today's Range
$2.75
▼
$2.95
50-Day Range
$2.77
▼
$10.60
52-Week Range
$2.72
▼
$28.40
Volume
22,437 shs
Average Volume
48,996 shs
Market Capitalization
$13.37 million
P/E Ratio
N/A
Dividend Yield
14.42%
Price Target
$13.33
Consensus Rating
Reduce

Company Overview

Granite Point Mortgage Trust Inc. is a real estate investment trust that focuses on commercial real estate finance. The company originates, acquires and manages commercial real estate debt investments, with an emphasis on floating-rate, senior mortgage loans secured by properties in major U.S. markets.

Its investments generally support transitional commercial properties, including office, multifamily, industrial, hotel, retail and mixed-use assets. Granite Point typically provides financing to property owners and investors seeking capital for acquisitions, renovations, repositioning or other business plans intended to enhance a property’s value.

Granite Point was established in 2015 and became a publicly traded company in 2017. The company is externally managed by Pine River Capital Management L.P. and operates primarily across the United States through its commercial real estate lending activities.

AI Generated. May Contain Errors.

Granite Point Mortgage Trust Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
66th Percentile Overall Score

GPMT MarketRank™: 
3.302146035065 of 5 stars

Granite Point Mortgage Trust scored higher than 66% of companies evaluated by MarketBeat, and ranked 495th out of 852 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Granite Point Mortgage Trust has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on no strong buy ratings, no buy ratings, 3 hold ratings, and 1 sell rating.

  • Upside Potential

    Granite Point Mortgage Trust has a consensus price target of $13.33, representing about 380.7% upside from its current price of $2.77.

  • Amount of Analyst Coverage

    Granite Point Mortgage Trust has only been the subject of 2 research reports in the past 90 days.

  • Read more about Granite Point Mortgage Trust's stock forecast and price target.
  • Earnings Growth

    Earnings for Granite Point Mortgage Trust are expected to grow in the coming year, from ($15.30) to ($11.20) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Granite Point Mortgage Trust is -0.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Granite Point Mortgage Trust is -0.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Granite Point Mortgage Trust has a P/B Ratio of 0.03. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.36% of the float of Granite Point Mortgage Trust has been sold short.
  • Short Interest Ratio / Days to Cover

    Granite Point Mortgage Trust has a short interest ratio ("days to cover") of 1.36, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Granite Point Mortgage Trust has recently increased by 57.35%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Granite Point Mortgage Trust is a leading dividend payer. It pays a dividend yield of 11.98%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Granite Point Mortgage Trust does not have a long track record of dividend growth.

  • Read more about Granite Point Mortgage Trust's dividend.
  • News Sentiment

    Granite Point Mortgage Trust has a news sentiment score of 0.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Granite Point Mortgage Trust this week, compared to 1 article on an average week.
  • MarketBeat Follows

    2 people have added Granite Point Mortgage Trust to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Granite Point Mortgage Trust insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    6.40% of the stock of Granite Point Mortgage Trust is held by insiders.

  • Percentage Held by Institutions

    51.63% of the stock of Granite Point Mortgage Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Granite Point Mortgage Trust's insider trading history.
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GPMT Stock News Headlines

What Granite Point Mortgage Trust (GPMT) Said on Its Q3 Earnings Call
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See More Headlines

GPMT Stock Analysis - Frequently Asked Questions

Granite Point Mortgage Trust's stock was trading at $24.00 at the start of the year. Since then, GPMT stock has decreased by 88.4% and is now trading at $2.7740.

Granite Point Mortgage Trust Inc. (NYSE:GPMT) posted its quarterly earnings results on Wednesday, November, 4th. The company reported ($6.99) earnings per share for the quarter, missing analysts' consensus estimates of ($3.94) by $3.05. The company earned $3.49 million during the quarter, compared to the consensus estimate of $5.90 million. Granite Point Mortgage Trust had a negative net margin of 143.60% and a negative trailing twelve-month return on equity of 14.03%.
Read the conference call transcript
.

Shares of Granite Point Mortgage Trust reverse split on Tuesday, October 6th 2026.A 1-10 reverse split was announced. The number of shares owned by shareholders was adjusted after the market closes on Monday, October 5th 2026. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Granite Point Mortgage Trust (GPMT) raised $205 million in an initial public offering (IPO) on Friday, June 23rd 2017. The company issued 10,000,000 shares at $20.00-$21.00 per share. J.P. Morgan, Morgan Stanley, Citigroup and BofA Merrill Lynch acted as the underwriters for the IPO and JMP Securities and Keefe, Bruyette & Woods (a Stifel Company) were co-managers.

Granite Point Mortgage Trust's top institutional shareholders include Epiq Partners LLC (1.86%) and Oppenheimer & Co. Inc. (5.19%). Insiders that own company stock include John A Taylor, Tanuja M Dehne, Hope B Woodhouse, Lazar Nikolic and Patrick Gregory Halter.
View institutional ownership trends
.

Shares of GPMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Granite Point Mortgage Trust investors own include Two Harbors Investments (TWO), Rithm Capital (RITM), AGNC Investment (AGNC), Annaly Capital Management (NLY), Verizon Communications (VZ), AT&T (T) and Ares Capital (ARCC).

Company Calendar

Record date for 10/15 Dividend
10/01/2026
Ex-Dividend for 10/15 Dividend
10/01/2026
Dividend Payable
10/15/2026
Last Earnings
11/04/2026
Today
11/11/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Finance
Industry
Mortgage Real Estate Investment Trusts (REITs)
Sub-Industry
Mortgage REITs
Current Symbol
NYSE:GPMT
Previous Symbol
NASDAQ:GPMT
CIK
1703644
Fax
N/A
Employees
28
Year Founded
N/A

Price Target and Rating

High Price Target
$15.00
Low Price Target
$12.50
Potential Upside/Downside
+380.7%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
Research Coverage
4 Analysts

Profitability

EPS (Trailing Twelve Months)
($32.50)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$41.15 million
Net Margins
-143.60%
Pretax Margin
-143.42%
Return on Equity
-14.03%
Return on Assets
-4.63%

Debt

Debt-to-Equity Ratio
0.24
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
$131.73 million
Price / Sales
0.10
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$87.22 per share
Price / Book
0.03

Miscellaneous

Outstanding Shares
4,820,000
Free Float
4,512,000
Market Cap
$13.37 million
Optionable
Optionable
Beta
1.74
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This page (NYSE:GPMT) was last updated on 11/11/2026 by MarketBeat.com Staff.
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