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NYSE:GPMT

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

Granite Point Mortgage Trust logo
$1.05 -0.02 (-1.86%)
As of 09/4/2026 03:58 PM Eastern

About Granite Point Mortgage Trust Stock (NYSE:GPMT)

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Key Stats

Today's Range
$1.04
$1.11
50-Day Range
$1.01
$1.51
52-Week Range
$0.99
$3.12
Volume
561,487 shs
Average Volume
268,873 shs
Market Capitalization
$50.61 million
P/E Ratio
N/A
Dividend Yield
19.05%
Price Target
$1.33
Consensus Rating
Reduce

Company Overview

Granite Point Mortgage Trust, Inc. is a specialty finance company that invests directly in commercial real estate debt. The company focuses on originating, acquiring and managing senior preferred and mezzanine loans secured by income-producing real estate across diverse property types, including multifamily, office, industrial and retail assets. Granite Point Mortgage Trust operates as a real estate investment trust (REIT), providing investors with exposure to floating-rate commercial mortgage loan investments.

Granite Point’s investment strategy centers on structuring loans to deliver attractive risk-adjusted returns, with portfolio allocations spanning senior loans, B-notes and mezzanine financings. The company pursues both newly originated loans and secondary market opportunities, aiming to balance yield potential with credit preservation. By targeting middle-market and large-balance transactions, Granite Point seeks to leverage its underwriting expertise and market relationships.

Primarily active in major U.S. real estate markets, Granite Point Mortgage Trust serves borrowers in gateway and high-growth metropolitan areas. The company’s geographic focus includes key regions on both coasts as well as select Sun Belt markets, reflecting demand for transitional and stabilized financing solutions. Through ongoing asset monitoring and portfolio diversification, Granite Point endeavors to manage credit risk across economic and property-type cycles.

Granite Point Mortgage Trust is externally managed by Granite Point Mortgage Management LLC, a team of investment professionals with experience in commercial real estate lending and capital markets. The management group evaluates new opportunities, oversees loan servicing and implements risk management practices designed to support steady income generation and long-term portfolio stability.

AI Generated. May Contain Errors.

Granite Point Mortgage Trust Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
68th Percentile Overall Score

GPMT MarketRank™: 

Granite Point Mortgage Trust scored higher than 68% of companies evaluated by MarketBeat, and ranked 426th out of 841 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 1.50, and is based on no strong buy ratings, no buy ratings, 2 hold ratings, and 2 sell ratings.

  • Upside Potential

    Granite Point Mortgage Trust has a consensus price target of $1.33, representing about 27.0% upside from its current price of $1.05.

  • Amount of Analyst Coverage

    Granite Point Mortgage Trust has only been the subject of 4 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 ($1.53) to ($1.12) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Granite Point Mortgage Trust is -0.52, 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 -0.52, 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 0.11. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Granite Point Mortgage Trust's valuation and earnings.
  • Percentage of Shares Shorted

    0.49% 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 0.73, 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 13.29%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Granite Point Mortgage Trust is a leading dividend payer. It pays a dividend yield of 19.23%, 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 0.78. 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 0.95 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Granite Point Mortgage Trust this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Granite Point Mortgage Trust insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $16,024.00 in 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

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GPMT Stock Analysis - Frequently Asked Questions

Granite Point Mortgage Trust's stock was trading at $2.40 on January 1st, 2026. Since then, GPMT stock has decreased by 56.2% and is now trading at $1.0501.

Granite Point Mortgage Trust Inc. (NYSE:GPMT) announced its quarterly earnings data on Wednesday, August, 5th. The company reported ($0.79) EPS for the quarter, missing the consensus estimate of ($0.39) by $0.40. The firm had revenue of $8.27 million for the quarter, compared to analyst estimates of $7.85 million. Granite Point Mortgage Trust had a negative net margin of 73.75% and a negative trailing twelve-month return on equity of 10.25%.
Read the conference call transcript
.

Granite Point Mortgage Trust (GPMT) raised $205 million in an IPO on Friday, June 23rd 2017. The company issued 10,000,000 shares at a price of $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.

Top institutional investors of Granite Point Mortgage Trust include Epiq Partners LLC (1.87%). Insiders that own company stock include John A Taylor, Tanuja M Dehne, Hope B Woodhouse, Patrick Gregory Halter and Lazar Nikolic.
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 Rithm Capital (RITM), AGNC Investment (AGNC), Two Harbors Investments (TWO), Prospect Capital (PSEC), AT&T (T), Verizon Communications (VZ) and Annaly Capital Management (NLY).

Company Calendar

Record date for 7/15 Dividend
7/01/2026
Ex-Dividend for 7/15 Dividend
7/01/2026
Dividend Payable
7/15/2026
Last Earnings
8/05/2026
Today
9/06/2026
Next Earnings (Estimated)
11/04/2026
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
30
Year Founded
N/A

Price Target and Rating

High Price Target
$1.50
Low Price Target
$1.25
Potential Upside/Downside
+27.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
4 Analysts

Profitability

EPS (Trailing Twelve Months)
($2.01)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$41.15 million
Net Margins
-73.75%
Pretax Margin
-73.60%
Return on Equity
-10.25%
Return on Assets
-3.37%

Debt

Debt-to-Equity Ratio
1.29
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
$131.73 million
Price / Sales
0.38
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$9.97 per share
Price / Book
0.11

Miscellaneous

Outstanding Shares
48,200,000
Free Float
45,113,000
Market Cap
$50.61 million
Optionable
Optionable
Beta
1.58
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This page (NYSE:GPMT) was last updated on 9/6/2026 by MarketBeat.com Staff.
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