Go Pro
NYSE:GPMT

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

Granite Point Mortgage Trust logo
$1.35 +0.01 (+0.82%)
Closing price 07/24/2026 03:59 PM Eastern
Extended Trading
$1.33 -0.02 (-1.55%)
As of 07/24/2026 07:34 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
$1.31
$1.55
52-Week Range
$1.24
$3.12
Volume
59,888 shs
Average Volume
144,502 shs
Market Capitalization
$64.74 million
P/E Ratio
N/A
Dividend Yield
14.80%
Price Target
$1.83
Consensus Rating
Reduce

Company Overview

Granite Point Mortgage Trust Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
70th Percentile Overall Score

GPMT MarketRank™: 

Granite Point Mortgage Trust scored higher than 70% of companies evaluated by MarketBeat, and ranked 331st out of 876 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 $1.83, representing about 35.7% upside from its current price of $1.35.

  • 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 ($0.69) to ($0.64) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Granite Point Mortgage Trust is -1.26, 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 -1.26, 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

    0.51% 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 1.53, 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 27.29%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Granite Point Mortgage Trust is a leading dividend payer. It pays a dividend yield of 15.04%, 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 1.05. 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 0.81 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.
  • Search Interest

    Only 1 people have searched for GPMT on MarketBeat in the last 30 days. This is a decrease of -50% 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 -75% compared to the previous 30 days.
  • 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

    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

Do this before December or regret it
Porter Stansberry believes President Trump will use the December G20 Summit in Miami to unveil a radical monetary reset tied to executive order 14241 - one he says could draw a sharp dividing line between prepared investors and those left behind. The last time America reset its money - under Nixon in the 1970s - it produced an average of 1,300 new millionaires per day for over 50 years. Stansberry's new documentary names a core group of assets he believes are positioned to surge as Trump's new dollar rolls out. Watch Porter Stansberry's full briefing and get his three steps to prepare before December.tc pixel
See More Headlines

GPMT Stock Analysis - Frequently Asked Questions

Granite Point Mortgage Trust's stock was trading at $2.40 at the beginning of the year. Since then, GPMT shares have decreased by 43.7% and is now trading at $1.3510.

Granite Point Mortgage Trust Inc. (NYSE:GPMT) issued its earnings results on Tuesday, May, 5th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.19) by $0.13. The company earned $11.22 million during the quarter, compared to the consensus estimate of $7.40 million. Granite Point Mortgage Trust had a negative trailing twelve-month return on equity of 11.31% and a negative net margin of 29.82%.
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.

Top institutional shareholders 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

Last Earnings
5/05/2026
Record date for 7/15 Dividend
7/01/2026
Ex-Dividend for 7/15 Dividend
7/01/2026
Dividend Payable
7/15/2026
Today
7/26/2026
Next Earnings (Estimated)
8/05/2026
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
$2.50
Low Price Target
$1.50
Potential Upside/Downside
+35.7%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
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
$131.73 million
Price / Sales
0.49
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$11.66 per share
Price / Book
0.12

Miscellaneous

Outstanding Shares
47,920,000
Free Float
46,434,000
Market Cap
$64.74 million
Optionable
Optionable
Beta
1.61
Don't Wait for the OpenAI IPO Cover

The AI wave will soon hit public markets with Anthropic and OpenAI set to go public later this year. However, you don't have to wait to invest. This report shows seven AI stocks that you can buy today while the big model providers get ready to go public.

Get This Free Report

This page (NYSE:GPMT) was last updated on 7/26/2026 by MarketBeat.com Staff.
From Our Partners