Free Trial
NYSE:GPMT

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

Granite Point Mortgage Trust logo
$1.38 +0.02 (+1.10%)
Closing price 05/15/2026 03:59 PM Eastern
Extended Trading
$1.38 0.00 (0.00%)
As of 05/15/2026 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 Massive. Learn more.

About Granite Point Mortgage Trust Stock (NYSE:GPMT)

Advanced

Key Stats

Today's Range
$1.33
$1.38
50-Day Range
$1.30
$1.75
52-Week Range
$1.24
$3.12
Volume
87,674 shs
Average Volume
117,344 shs
Market Capitalization
$65.89 million
P/E Ratio
N/A
Dividend Yield
14.55%
Price Target
$2.50
Consensus Rating
Hold

Company Overview

Granite Point Mortgage Trust Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
78th Percentile Overall Score

GPMT MarketRank™: 

Granite Point Mortgage Trust scored higher than 78% of companies evaluated by MarketBeat, and ranked 339th out of 885 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 Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, 2 hold ratings, and 1 sell rating.

  • Upside Potential

    Granite Point Mortgage Trust has a consensus price target of $2.50, representing about 81.8% upside from its current price of $1.38.

  • Amount of Analyst Coverage

    Granite Point Mortgage Trust has only been the subject of 1 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 ($0.69) to ($0.64) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Granite Point Mortgage Trust is -1.29, 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 -1.29, 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 0.12. 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 2.55, 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 10.83%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Granite Point Mortgage Trust is a leading dividend payer. It pays a dividend yield of 14.71%, 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 1.20. 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 0.71 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.
  • MarketBeat Follows

    4 people have added Granite Point Mortgage Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 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

    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.

  • 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.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

GPMT Stock News Headlines

$30 stock to buy before Starlink goes public (WATCH NOW!)
A little-known stock pick with money-doubling potential over the next year is revealed for free in the first three minutes of a new video. This company is a critical piece of Elon Musk's fast-growing Starlink technology. It could climb 100 percent or more over the next year as Elon brings Starlink public in what may be the biggest IPO in history. No credit card is required to get the ticker.tc pixel
Granite Point (GPMT) Q1 2026 Earnings Transcript
See More Headlines

GPMT Stock Analysis - Frequently Asked Questions

Granite Point Mortgage Trust's stock was trading at $2.40 at the beginning of 2026. Since then, GPMT shares have decreased by 42.7% and is now trading at $1.3750.

Granite Point Mortgage Trust Inc. (NYSE:GPMT) announced its quarterly earnings data on Tuesday, May, 5th. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.19) by $0.13. The business had revenue of $11.22 million for the quarter, compared to the consensus estimate of $7.40 million. Granite Point Mortgage Trust had a negative net margin of 29.82% and a negative trailing twelve-month return on equity of 11.31%.
Read the conference call transcript
.

Granite Point Mortgage Trust (GPMT) raised $205 million in an initial public offering 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.

Granite Point Mortgage Trust's top institutional investors include Quantum Portfolio Management LLC (95.82%), Cura Wealth Advisors LLC (3.98%) and Sei Investments Co. (0.18%). 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
.

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 4/15 Dividend
4/01/2026
Ex-Dividend for 4/15 Dividend
4/01/2026
Dividend Payable
4/15/2026
Last Earnings
5/05/2026
Today
5/17/2026
Next Earnings (Estimated)
8/04/2026
Fiscal Year End
12/31/2026

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
Fax
N/A
Employees
30
Year Founded
N/A

Price Target and Rating

High Price Target
$3.50
Low Price Target
$1.50
Potential Upside/Downside
+81.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

EPS (Trailing Twelve Months)
($1.07)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$41.15 million
Net Margins
-29.82%
Pretax Margin
-29.75%
Return on Equity
-11.31%
Return on Assets
-3.65%

Debt

Debt-to-Equity Ratio
1.12
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
$44.47 million
Price / Sales
1.48
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$11.35 per share
Price / Book
0.12

Miscellaneous

Outstanding Shares
47,920,000
Free Float
46,434,000
Market Cap
$65.89 million
Optionable
Optionable
Beta
1.65
A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for May 2026. Learn which stocks have the most short interest and how to trade them. Click the link to see which companies made the list.

Get This Free Report

This page (NYSE:GPMT) was last updated on 5/17/2026 by MarketBeat.com Staff.
From Our Partners