Open an account

Granite Point Mortgage Trust

GPMT · NYSE

$4.72−$0.12 (−2.48%)TodayMarket closed ·
Prev close $4.84

About GPMT

Granite Point Mortgage Trust, Inc. operates as a real estate investment trust, which focuses on originating, investing in, and managing senior floating-rate commercial mortgage loans, other debt and debt-like commercial real estate investments. The firm focuses primarily on directly originating, investing in and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments. Its investment objective is to preserve its stockholder's capital while generating attractive risk-adjusted returns over the long term, primarily through dividends derived from current income produced by its investment portfolio. The firm provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancings and a range of business plans. The company may also directly originate and invest in mezzanine loans, subordinated mortgage interests and other real estate securities, and may also invest in preferred equity investments and other investments. The firm's loan portfolio consisted of approximately 54 commercial real estate loan investments.

Employees
28
Headquarters
New York City, New York
Listed
Jun 23, 2017
Sector
Financials
Industry
Mortgage Real Estate Investment Trusts (REITs)
Website
gpmtreit.com

GPMT key statistics

Market cap
22.75M
Price-earnings ratio
0.00
Dividend yield
104.54%
Average volume
41.55K
Volume
41.72K
Open price
$4.86
High today
$4.99
Low today
$4.71
52 Week high
$28.50
52 Week low
$4.75

Granite Point Mortgage Trust (GPMT) at a glance

As of Oct 20, 2026, Granite Point Mortgage Trust (GPMT) shares are priced at $4.72, giving the company a market cap of 22.75M, a price-to-earnings ratio of 0.00 and a dividend yield of 104.54%.

Today the stock has traded between $4.71 and $4.99. The current price is 0.2% above the day's low and 5.4% below its high.

Volume so far is 41.72K shares, in line with the average of 41.55K shares a day.

Over the past year Granite Point Mortgage Trust has ranged from $4.75 to $28.50, and now sits 0% of the way up that range.

Granite Point Mortgage Trust met or beat analyst EPS estimates in 5 of the last 8 quarters. In Q2 FY26 it reported -$7.90 per share against an estimate of -$3.98.

The average analyst price target is $1.40, 70.3% below the current price, from 2 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

0%of 2 analyst ratings say Buy
  • Buy0.0%
  • Hold100.0%
  • Sell0.0%
Price target · 4 analystsAvg $1.40
Low
$1.26
Now
$4.72
High
$1.58

GPMT earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 5 of the last 8 quarters, by 33.1% on average.

  1. Q3 FY24: reported -$0.75 per share against an estimate of -$0.839
  2. Q4 FY24: reported -$1.98 per share against an estimate of -$1.34
  3. Q1 FY25: reported -$0.57 per share against an estimate of -$0.7446
  4. Q2 FY25: reported -$0.94 per share against an estimate of -$0.8024
  5. Q3 FY25: reported -$0.42 per share against an estimate of -$0.4488
  6. Q4 FY25: reported -$0.06 per share against an estimate of -$0.1479
  7. Q1 FY26: reported -$0.60 per share against an estimate of -$1.73
  8. Q2 FY26: reported -$7.90 per share against an estimate of -$3.98

GPMT news

  • Press releaseBusiness Wire

    Granite Point Mortgage Trust Inc. Announces Completion of Reverse Stock Split

  • Press releaseBusiness Wire

    Granite Point Mortgage Trust Inc. Announces Review of Alternatives to Enhance Stockholder Value and 1-for-10 Reverse Stock Split

  • Press releaseBusiness Wire

    Granite Point Mortgage Trust Inc. Announces Third Quarter 2026 Common and Preferred Stock Dividends and Business Update and New Loan Resolution

  • Press releaseBusiness Wire

    Palogic Value Fund Sends Letter to the Board of Granite Point Mortgage Trust

  • Press releaseBusiness Wire

    Granite Point Mortgage Trust Inc. Reports Second Quarter 2026 Financial Results and Post Quarter-End Update

  • Press releaseBusiness Wire

    Granite Point Mortgage Trust Inc. Announces Refinance of Legacy CLO Assets, Extension and Upsize of JPMorgan Repurchase Facility

  • Press releaseBusiness Wire

    Granite Point Mortgage Trust Inc. Announces Dates for Second Quarter 2026 Earnings Release and Conference Call

  • Press releaseBusiness Wire

    Granite Point Mortgage Trust Inc. Announces Second Quarter 2026 Common and Preferred Stock Dividends and Business Update

Similar companies

Companies in the same industry as Granite Point Mortgage Trust

Most active stocks

Highest trading volume today

Newly listed

Companies that went public in the past six weeks

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.