NYSE:GPMT Granite Point Mortgage Trust (GPMT) Stock Price, News & Analysis $0.90 -0.02 (-1.98%) Closing price 03:58 PM EasternExtended Trading$0.90 0.00 (-0.11%) As of 07:30 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. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC Filings About Granite Point Mortgage Trust Stock (NYSE:GPMT) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get GPMT alerts:Sign Up Key Stats Today's Range$0.85▼$0.9450-Day Range$0.82▼$1.5152-Week Range$0.81▼$3.03Volume124,172 shsAverage Volume199,510 shsMarket Capitalization$43.24 millionP/E RatioN/ADividend Yield22.30%Price Target$1.33Consensus RatingReduce Company Overview Granite Point Mortgage Trust Inc. (NYSE:GPMT) is a real estate investment trust focused on commercial real estate finance. The company originates, invests in and manages commercial real estate debt investments, with an emphasis on floating-rate senior mortgage loans secured by properties in the United States. Granite Point generally provides financing for transitional commercial properties—assets that may require leasing, renovation, redevelopment or other improvements before reaching stabilized operating performance. Its investments may be secured by a range of property types, including office, multifamily, industrial, hospitality and other commercial real estate. The company was formed in 2015 and completed its initial public offering in 2017. Granite Point is externally managed and has been affiliated with Pine River Capital Management, an alternative investment management firm. Its investment strategy is centered on serving commercial property owners and borrowers while managing a portfolio of real estate credit investments.AI Generated. May Contain Errors. Read More Granite Point Mortgage Trust Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks68th Percentile Overall ScoreGPMT MarketRank™: Granite Point Mortgage Trust scored higher than 68% of companies evaluated by MarketBeat, and ranked 447th out of 854 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.6 / 5Analyst RatingReduce Consensus RatingGranite 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 PotentialGranite Point Mortgage Trust has a consensus price target of $1.33, representing about 48.6% upside from its current price of $0.90.Amount of Analyst CoverageGranite 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 and Valuation1.3 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings 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 MarketThe P/E ratio of Granite Point Mortgage Trust is -0.45, 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 -0.45, 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 0.08. 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 Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.65% 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 0.9, 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 increased by 25.29%, indicating that investor sentiment is decreasing significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipGranite Point Mortgage Trust is a leading dividend payer. It pays a dividend yield of 21.86%, 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. News and Social Media2.0 / 5News Sentiment0.19 News SentimentGranite Point Mortgage Trust has a news sentiment score of 0.19. 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 0.72 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Granite Point Mortgage Trust this week, compared to 1 article on an average week. Company Ownership0.8 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Granite Point Mortgage Trust insiders have not sold or bought any company stock.Percentage Held by Insiders6.40% 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. Submit View SMS TermsSMS 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 HeadlinesGranite Point Board Weighs Alternatives, Approves 1-for-10 Reverse Stock SplitSeptember 23, 2026 | marketscreener.comMGranite Point Mortgage Trust Inc. Announces Review of Alternatives to Enhance Stockholder Value and 1-for-10 Reverse Stock SplitSeptember 23, 2026 | businesswire.comTrump goes "all-in" on Grand Canyon energy breakthroughA drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years. While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million. One company controls the entire supply chain behind this discovery.September 28 at 1:00 AM | Behind the Markets (Ad)Granite Point Mortgage Trust Inc.(NYSE:GPMT) dropped from S&P Global BMI IndexSeptember 20, 2026 | marketscreener.comMGranite Point Mortgage Trust Inc. 7% FLTG PFD SR A declares $0.4375 dividendSeptember 16, 2026 | seekingalpha.comGranite Point Mortgage Cuts Dividend to Improve Financial FlexibilitySeptember 15, 2026 | marketwatch.comGranite Point Mortgage cuts dividend, resolves $52.4M loan on multifamily propertySeptember 15, 2026 | seekingalpha.comGranite Point Mortgage Trust Inc. Announces Third Quarter 2026 Common and Preferred Stock Dividends and Business Update and New Loan ResolutionSeptember 15, 2026 | businesswire.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 $2.40 at the start of the year. Since then, GPMT stock has decreased by 62.6% and is now trading at $0.8970. How were Granite Point Mortgage Trust's earnings last quarter? Granite Point Mortgage Trust Inc. (NYSE:GPMT) announced its quarterly earnings results on Wednesday, August, 5th. The company reported ($0.79) EPS for the quarter, missing analysts' consensus estimates of ($0.39) by $0.40. The business had revenue of $8.27 million for the quarter, compared to analyst estimates of $7.85 million. Granite Point Mortgage Trust had a negative trailing twelve-month return on equity of 10.25% and a negative net margin of 73.75%. Read the conference call transcript. When did Granite Point Mortgage Trust's stock split? Granite Point Mortgage Trust's stock reverse split before market open on Tuesday, October 6th 2026.A 1-10 reverse split was announced. The number of shares owned by shareholders will be adjusted after the market closes on Monday, October 5th 2026. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. 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 a price of $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 shareholders of Granite Point Mortgage Trust include Gratia Capital LLC (3.61%) and 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. 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 Record date for 7/15 Dividend7/01/2026Ex-Dividend for 7/15 Dividend7/01/2026Dividend Payable7/15/2026Last Earnings8/05/2026Today9/28/2026Record date for 10/15 Dividend10/01/2026Ex-Dividend for 10/15 Dividend10/01/2026Dividend Payable10/15/2026Next Earnings (Estimated)11/04/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Red Zone (7m+) 1-Year History Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 GPMT's financial health is in the Red zone, according to TradeSmith. GPMT has been in this zone for over 7 months. Industry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Mortgage Real Estate Investment Trusts (REITs) Sub-IndustryMortgage REITs Current SymbolNYSE:GPMT Previous SymbolNASDAQ:GPMT CIK1703644 Webwww.gpmtreit.com Phone(212) 364-5500FaxN/AEmployees28Year FoundedN/APrice Target and Rating Average Price Target for Granite Point Mortgage Trust$1.33 High Price Target$1.50 Low Price Target$1.25 Potential Upside/Downside+48.6%Consensus RatingReduce Rating Score (0-4)1.50 Research Coverage4 Analysts Profitability EPS (Trailing Twelve Months)($2.01) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet 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 Ratio1.29 Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$131.73 million Price / Sales0.33 Cash FlowN/A Price / Cash FlowN/A Book Value$11.66 per share Price / Book0.08Miscellaneous Outstanding Shares48,200,000Free Float45,113,000Market Cap$43.24 million OptionableOptionable Beta1.58 7 Stocks That Could Lead the Next Market BoomTesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. 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