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NYSE: GPMT
Granite Point Mortgage Trust Inc Stock Forecast, Predictions & Price Target

Analyst price target for GPMT

Based on 3 analysts offering 12 month price targets for Granite Point Mortgage Trust Inc.
Min Forecast
$4.75+10.21%
Avg Forecast
$5.75+33.41%
Max Forecast
$6.50+50.81%

Should I buy or sell GPMT stock?

Based on 3 analysts offering ratings for Granite Point Mortgage Trust Inc.
Buy
Strong Buy
1 analysts 33.33%
Buy
1 analysts 33.33%
Hold
0 analysts 0%
Sell
1 analysts 33.33%
Strong Sell
0 analysts 0%

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GPMT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-10
lockedlocked$00.00+00.00%2024-03-20
lockedlocked$00.00+00.00%2024-02-16

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Forecast return on equity

Is GPMT forecast to generate an efficient return?

Forecast return on assets

Is GPMT forecast to generate an efficient return on assets?

GPMT revenue forecast

What is GPMT's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$60.7M
Avg 2 year Forecast
$71.4M

GPMT vs Mortgage REIT Stocks

TickerPricePrice TargetUp/downsideConsensus
GPMT$4.31$5.75+33.41%Buy
NREF$13.01$14.00+7.61%Hold
MITT$5.50$7.00+27.27%Buy
REFI$15.36$20.00+30.21%Buy
AOMR$11.21$11.00-1.87%Buy

Granite Point Mortgage Trust Stock Forecast FAQ

Is Granite Point Mortgage Trust Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: GPMT) stock is to Buy GPMT stock.

Out of 3 analysts, 1 (33.33%) are recommending GPMT as a Strong Buy, 1 (33.33%) are recommending GPMT as a Buy, 0 (0%) are recommending GPMT as a Hold, 1 (33.33%) are recommending GPMT as a Sell, and 0 (0%) are recommending GPMT as a Strong Sell.

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

What is GPMT's revenue growth forecast for 2024-2025?

(NYSE: GPMT) Granite Point Mortgage Trust's forecast annual revenue growth rate of N/A is not forecast to beat the US REIT - Mortgage industry's average forecast revenue growth rate of 66.57%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.58%.

Granite Point Mortgage Trust's revenue in 2024 is -$19,813,000.On average, 1 Wall Street analysts forecast GPMT's revenue for 2024 to be $3,083,138,560, with the lowest GPMT revenue forecast at $3,083,138,560, and the highest GPMT revenue forecast at $3,083,138,560.

In 2025, GPMT is forecast to generate $3,626,624,270 in revenue, with the lowest revenue forecast at $3,626,624,270 and the highest revenue forecast at $3,626,624,270.

What is GPMT's forecast return on assets (ROA) for 2024-2025?

(NYSE: GPMT) forecast ROA is N/A, which is lower than the forecast US REIT - Mortgage industry average of N/A.

What is GPMT's Price Target?

According to 3 Wall Street analysts that have issued a 1 year GPMT price target, the average GPMT price target is $5.75, with the highest GPMT stock price forecast at $6.50 and the lowest GPMT stock price forecast at $4.75.

On average, Wall Street analysts predict that Granite Point Mortgage Trust's share price could reach $5.75 by Apr 10, 2025. The average Granite Point Mortgage Trust stock price prediction forecasts a potential upside of 33.41% from the current GPMT share price of $4.31.

What is GPMT's forecast return on equity (ROE) for 2024-2025?

(NYSE: GPMT) forecast ROE is N/A, which is considered weak.
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