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NYSE: GPMT
Granite Point Mortgage Trust Inc Stock

$2.99+0.00 (+0%)
Updated Oct 3, 2024
GPMT Price
$2.99
Fair Value Price
N/A
Market Cap
$151.55M
52 Week Low
$2.46
52 Week High
$6.41
P/E
-0.82x
P/B
0.22x
P/S
-1.19x
PEG
N/A
Dividend Yield
15.05%
Revenue
-$127.23M
Earnings
-$171.60M
Gross Margin
110.8%
Operating Margin
134.87%
Profit Margin
146.2%
Debt to Equity
2.61
Operating Cash Flow
$28M
Beta
1.75
Next Earnings
Nov 5, 2024
Ex-Dividend
Oct 1, 2024
Next Dividend
Oct 15, 2024

GPMT Overview

Granite Point Mortgage Trust Inc., a real estate investment trust (REIT), originates, invests in, and manages senior floating-rate commercial mortgage loans, and other debt and debt-like commercial real estate investments in the U.S. The company provides intermediate-term bridge (transitional financing) for acquisitions, recapitalizations, and refinancing, as well as for the lease-up, renovation, repositioning, and repurposing of the commercial properties. Granite Point Mortgage Trust was founded in 2015 and is headquartered in New York, NY.

Zen Score

–
Industry Average (27)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how GPMT scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

GPMT is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
GPMT is good value based on its book value relative to its share price (0.22x), compared to the US REIT - Mortgage industry average (0.77x)
P/B vs Industry Valuation
GPMT is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 35 more GPMT due diligence checks available for Premium users.

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GPMT News

Valuation

GPMT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-0.82x
Industry
12.18x
Market
26.22x

GPMT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.22x
Industry
0.77x
GPMT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

GPMT's financial health

Profit margin

Revenue
-$52.3M
Net Income
-$63.1M
Profit Margin
127.5%
GPMT's Earnings (EBIT) of -$171.59M... subscribe to Premium to read more.
Interest Coverage Financials
GPMT's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.5B
Liabilities
$1.8B
Debt to equity
2.61
GPMT's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
GPMT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$987.0k
Investing
$45.7M
Financing
-$116.0M
GPMT's operating cash flow ($28.34M)... subscribe to Premium to read more.
Debt Coverage Financials

GPMT vs Mortgage REIT Stocks

TickerMarket Cap1d %P/EP/B
GPMT$151.55M0.00%-0.82x0.22x
AJX$147.77M-1.52%-0.83x0.58x
EARN$170.96M-1.46%25.00x1.17x
LFT$129.12M+0.82%6.86x0.53x
ACR$124.24M+0.83%19.01x0.29x

Granite Point Mortgage Trust Stock FAQ

What is Granite Point Mortgage Trust's quote symbol?

(NYSE: GPMT) Granite Point Mortgage Trust trades on the NYSE under the ticker symbol GPMT. Granite Point Mortgage Trust stock quotes can also be displayed as NYSE: GPMT.

If you're new to stock investing, here's how to buy Granite Point Mortgage Trust stock.

What is the 52 week high and low for Granite Point Mortgage Trust (NYSE: GPMT)?

(NYSE: GPMT) Granite Point Mortgage Trust's 52-week high was $6.41, and its 52-week low was $2.46. It is currently -53.32% from its 52-week high and 21.54% from its 52-week low.

How much is Granite Point Mortgage Trust stock worth today?

(NYSE: GPMT) Granite Point Mortgage Trust currently has 50,684,117 outstanding shares. With Granite Point Mortgage Trust stock trading at $2.99 per share, the total value of Granite Point Mortgage Trust stock (market capitalization) is $151.55M.

Granite Point Mortgage Trust stock was originally listed at a price of $19.00 in Jun 23, 2017. If you had invested in Granite Point Mortgage Trust stock at $19.00, your return over the last 7 years would have been -84.26%, for an annualized return of -23.22% (not including any dividends or dividend reinvestments).

How much is Granite Point Mortgage Trust's stock price per share?

(NYSE: GPMT) Granite Point Mortgage Trust stock price per share is $2.99 today (as of Oct 3, 2024).

What is Granite Point Mortgage Trust's Market Cap?

(NYSE: GPMT) Granite Point Mortgage Trust's market cap is $151.55M, as of Oct 4, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Granite Point Mortgage Trust's market cap is calculated by multiplying GPMT's current stock price of $2.99 by GPMT's total outstanding shares of 50,684,117.
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