NYSE:GPMT Granite Point Mortgage Trust (GPMT) Stock Price, News & Analysis $2.60 +0.09 (+3.37%) Closing price 03:58 PM EasternExtended Trading$2.60 -0.01 (-0.38%) As of 04:10 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 Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Granite Point Mortgage Trust Stock (NYSE:GPMT) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get GPMT alerts:Sign Up Key Stats Today's Range$2.53▼$2.6250-Day Range$2.30▼$2.6952-Week Range$1.61▼$3.66Volume174,250 shsAverage Volume466,484 shsMarket Capitalization$126.11 millionP/E RatioN/ADividend Yield7.68%Price Target$3.00Consensus RatingHold Company Overview Granite Point Mortgage Trust Inc., a real estate investment trust, originates, invests in, and manages senior floating-rate commercial mortgage loans, and other debt and debt-like commercial real estate investments in the United States. The company provides intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, including lease-up, renovation, repositioning, and repurposing of the commercial property. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2015 and is headquartered in New York, New York. Read More Granite Point Mortgage Trust Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks59th Percentile Overall ScoreGPMT MarketRank™: Granite Point Mortgage Trust scored higher than 59% of companies evaluated by MarketBeat, and ranked 596th out of 918 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.2 / 5Analyst RatingHold Consensus RatingGranite 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.Amount of Analyst CoverageGranite 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 and Valuation0.6 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Granite Point Mortgage Trust is -0.85, 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. SectorThe P/E ratio of Granite Point Mortgage Trust is -0.85, 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 RatioGranite Point Mortgage Trust has a P/B Ratio of 0.21. 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. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.48% of the float of Granite Point Mortgage Trust has been sold short.Short Interest Ratio / Days to CoverGranite Point Mortgage Trust has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Granite Point Mortgage Trust has recently decreased by 40.85%, indicating that investor sentiment is improving significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipGranite Point Mortgage Trust is a leading dividend payer. It pays a dividend yield of 7.94%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGranite Point Mortgage Trust does not have a long track record of dividend growth.Read more about Granite Point Mortgage Trust's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted0.48% of the float of Granite Point Mortgage Trust has been sold short.Short Interest Ratio / Days to CoverGranite Point Mortgage Trust has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Granite Point Mortgage Trust has recently decreased by 40.85%, indicating that investor sentiment is improving significantly. News and Social Media2.9 / 5News Sentiment1.30 News SentimentGranite Point Mortgage Trust has a news sentiment score of 1.30. 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 0.72 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Granite Point Mortgage Trust this week, compared to 2 articles on an average week.MarketBeat Follows2 people have added Granite Point Mortgage Trust to their MarketBeat watchlist in the last 30 days. Company Ownership2.5 / 5Insider TradingAcquiring Shares Insider Buying vs. Insider SellingIn the past three months, Granite Point Mortgage Trust insiders have bought 514.86% more of their company's stock than they have sold. Specifically, they have bought $138,197.00 in company stock and sold $22,476.00 in company stock.Percentage Held by InsidersOnly 3.10% of the stock of Granite Point Mortgage Trust is held by insiders.Percentage Held by Institutions51.63% 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. Receive GPMT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Granite Point Mortgage Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address GPMT Stock News HeadlinesGranite Point Mortgage Trust (GPMT) Projected to Post Quarterly Earnings on TuesdayAugust 4 at 2:59 AM | americanbankingnews.comGranite Point Mortgage Trust Inc. Announces Dates for Second Quarter 2025 Earnings Release and Conference CallJuly 22, 2025 | businesswire.comThe End of Elon Musk…?The End of Elon Musk? Don't make him laugh. Jeff Brown has been hearing this same tired story for years, and he's been proven right time and time again. And now, while the media focuses on Tesla's "demise," he's uncovered an AI breakthrough that's about to make Elon's doubters eat their words yet again. According to his research, if you listen to the media and miss out on Elon's newest breakthrough, it's going to cost you the fortune of a lifetime.August 4 at 2:00 AM | Brownstone Research (Ad)Expert Outlook: Granite Point Mortgage Through The Eyes Of 4 ... - NasdaqJuly 12, 2025 | nasdaq.com3GPMT : Expert Outlook: Granite Point Mortgage Through The Eyes Of 4 AnalystsJuly 10, 2025 | benzinga.comGranite Point Mortgage: Not A Compelling Investment At The MomentJune 19, 2025 | seekingalpha.comGranite Point Mortgage Trust Inc. Announces Second Quarter 2025 Common and Preferred Stock Dividends and Business UpdateJune 17, 2025 | businesswire.comGranite Point Mortgage Trust’s SWOT analysis: stock faces challenges amid loan resolutionsMay 26, 2025 | investing.comSee More Headlines 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 the year. Since then, GPMT stock has decreased by 6.6% and is now trading at $2.6050. How were Granite Point Mortgage Trust's earnings last quarter? Granite Point Mortgage Trust Inc. (NYSE:GPMT) issued its earnings results on Thursday, February, 13th. The company reported ($1.99) EPS for the quarter, missing analysts' consensus estimates of ($0.73) by $1.26. The company earned $7.57 million during the quarter, compared to analysts' expectations of $7.90 million. Granite Point Mortgage Trust had a negative net margin of 83.98% and a negative trailing twelve-month return on equity of 18.94%. Read the conference call transcript. When did Granite Point Mortgage Trust IPO? 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 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. Who are Granite Point Mortgage Trust's major shareholders? Top institutional shareholders of Granite Point Mortgage Trust include Epiq Partners LLC (2.41%), Camelot Portfolios LLC (0.78%), Y Intercept Hong Kong Ltd (0.19%) and Ground Swell Capital LLC (0.03%). Insiders that own company stock include Lazar Nikolic, John A Taylor, Tanuja M Dehne and Patrick Gregory Halter. 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 Earnings2/13/2025Record date for 7/15 Dividend7/01/2025Ex-Dividend for 7/15 Dividend7/01/2025Dividend Payable7/15/2025Today8/04/2025Next Earnings (Estimated)8/05/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry REIT - MTGE TRUST Sub-IndustryTrading Current SymbolNYSE:GPMT Previous SymbolNASDAQ:GPMT CIK1703644 Webwww.gpmortgagetrust.com Phone(212) 364-5500FaxN/AEmployees30Year FoundedN/APrice Target and Rating Average Price Target for Granite Point Mortgage Trust$3.00 High Price Target$3.25 Low Price Target$2.75 Potential Upside/Downside+19.0%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Trailing Twelve Months)($3.08) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income-$207.05 million Net Margins-83.98% Pretax Margin-83.94% Return on Equity-18.94% Return on Assets-5.47% Debt Debt-to-Equity Ratio1.42 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$185.55 million Price / Sales0.66 Cash FlowN/A Price / Cash FlowN/A Book Value$12.39 per share Price / Book0.20Miscellaneous Outstanding Shares48,410,000Free Float46,905,000Market Cap$121.99 million OptionableOptionable Beta1.76 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleLooking for the next FAANG stock before everyone has heard about it? 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