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

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.

Key Stats

• Today's Range: $2.93 to $2.98
• 50-Day Range: $2.44 to $3.04
• 52-Week Range: $1.61 to $3.66
• Volume: 112,228 shs
• Average Volume: 202,656 shs
• Market Capitalization: $140.30 million
• P/E Ratio: N/A
• Dividend Yield: 6.76%
• Price Target: $3.13
• Consensus Rating: Hold

Granite Point Mortgage Trust Stock Analysis - MarketRank™

Granite Point Mortgage Trust scored higher than 54% of companies evaluated by MarketBeat, and ranked 661st out of 951 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Granite Point Mortgage Trust has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Granite Point Mortgage Trust is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Granite Point Mortgage Trust is -1.40, 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 -1.40, 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 0.24. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.55% 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 0.5, 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 decreased by 5.22%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Granite Point Mortgage Trust is a leading dividend payer. It pays a dividend yield of 6.76%, 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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.55% 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 0.5, 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 decreased by 5.22%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: N/A

News Sentiment

Granite Point Mortgage Trust has a news sentiment score of 1.96. 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 higher news sentiment than the 1.05 average news sentiment score of Finance companies.

Search Interest

4 people have searched for GPMT on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Granite Point Mortgage Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Granite Point Mortgage Trust insiders have bought 332.57% more of their company's stock than they have sold. Specifically, they have bought $58,830.00 in company stock and sold $13,600.00 in company stock.

Percentage Held by Insiders

Only 3.10% 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.

GPMT Stock Analysis - Frequently Asked Questions

How have GPMT shares performed this year?

Granite Point Mortgage Trust's stock was trading at $2.79 at the beginning of 2025. Since then, GPMT shares have increased by 6.1% and is now trading at $2.96.

How were Granite Point Mortgage Trust's earnings last quarter?

Granite Point Mortgage Trust Inc. (NYSE:GPMT) released its quarterly earnings results on Thursday, February, 13th. The company reported ($1.99) earnings per share for the quarter, missing analysts' consensus estimates of ($0.73) by $1.26. The business earned $7.57 million during the quarter, compared to the consensus estimate of $7.90 million. Granite Point Mortgage Trust had a negative net margin of 59.38% and a negative trailing twelve-month return on equity of 26.91%.
Read the conference call transcript.

When did Granite Point Mortgage Trust IPO?

Granite Point Mortgage Trust (GPMT) raised $205 million in an 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 served as the underwriters for the IPO and JMP Securities and Keefe, Bruyette & Woods (a Stifel Company) were co-managers.

Who are Granite Point Mortgage Trust's major shareholders?

Top institutional investors of Granite Point Mortgage Trust include Epiq Partners LLC (2.41%), Marshall Wace LLP (2.13%), Jane Street Group LLC (1.52%) and Gratia Capital LLC (1.40%). Insiders that own company stock include John A Taylor, Hope B Woodhouse, Tanuja M Dehne, Patrick Gregory Halter and Lazar Nikolic.
View institutional ownership trends.

How do I buy shares of Granite Point Mortgage Trust?

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.

What other stocks do shareholders of Granite Point Mortgage Trust own?

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

• Last Earnings: 2/13/2025
• Record date for 7/15 Dividend: 7/01/2025
• Ex-Dividend for 7/15 Dividend: 7/01/2025
• Dividend Payable: 7/15/2025
• Today: 9/17/2025
• Next Earnings (Estimated): 11/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - MTGE TRUST
• Sub-Industry: Trading
• Current Symbol: NYSE:GPMT
• Previous Symbol: NASDAQ:GPMT
• CIK: 1703644
• Web: www.gpmortgagetrust.com
• Phone: (212) 364-5500
• Fax: N/A
• Employees: 30
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Granite Point Mortgage Trust: $3.13
• High Price Target: $3.50
• Low Price Target: $2.75
• Potential Upside/Downside: +5.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): ($2.12)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$207.05 million
• Net Margins: -59.38%
• Pretax Margin: -59.34%
• Return on Equity: -26.91%
• Return on Assets: -7.96%

Debt

• Debt-to-Equity Ratio: 1.42
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $185.55 million
• Price / Sales: 0.76
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $12.39 per share
• Price / Book: 0.24

Miscellaneous

• Outstanding Shares: 47,400,000
• Free Float: 45,926,000
• Market Cap: $140.30 million
• Optionable: Optionable
• Beta: 1.83