Granite Point Mortgage Stock Performance
| GPMT Stock | USD 2.85 0.06 2.15% |
The company retains a Market Volatility (i.e., Beta) of 0.0315, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Granite Point's returns are expected to increase less than the market. However, during the bear market, the loss of holding Granite Point is expected to be smaller as well. Granite Point Mortgage right now retains a risk of 2.54%. Please check out Granite Point total risk alpha, as well as the relationship between the kurtosis and market facilitation index , to decide if Granite Point will be following its current trending patterns.
Risk-Adjusted Performance
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Over the last 90 days Granite Point Mortgage has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable primary indicators, Granite Point is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Actual Historical Performance (%)
One Day Return 2.15 | Five Day Return 0.35 | Year To Date Return 2.15 | Ten Year Return (85.00) | All Time Return (85.00) |
Forward Dividend Yield 0.0702 | Payout Ratio | Forward Dividend Rate 0.2 | Dividend Date 2025-01-15 | Ex Dividend Date 2024-12-31 |
| Granite Point dividend paid on 15th of October 2024 | 10/15/2024 |
1 | Granite Point Mortgage Trust Inc. Announces Dates for Third Quarter 2024 Earnings Release and Conference Call | 10/23/2024 |
2 | Granite Point Mortgage Trust Inc Q3 2024 Earnings Report Preview What to Expect | 11/06/2024 |
3 | Granite Point Mortgage Trust Inc Q3 2024 Earnings Call Highlights Navigating Challenges ... | 11/08/2024 |
4 | Tech giant Cisco renews large suburban office lease | 11/18/2024 |
5 | Disposition of 67567 shares by Stephen Kasnet of Granite Point subject to Rule 16b-3 | 11/21/2024 |
6 | Insider Trading | 11/29/2024 |
7 | Hotchkis Wiley Capital Management LLC Has 4.22 Million Stake in Granite Point Mortgage Trust Inc. - MarketBeat | 12/06/2024 |
8 | Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2024 Common and Preferred Stock ... | 12/19/2024 |
9 | Contrasting Granite Point Mortgage Trust and Essex Property Trust | 01/02/2025 |
| Begin Period Cash Flow | 140.2 M |
Granite |
Granite Point Relative Risk vs. Return Landscape
If you would invest 287.00 in Granite Point Mortgage on October 7, 2024 and sell it today you would lose (2.00) from holding Granite Point Mortgage or give up 0.7% of portfolio value over 90 days. Granite Point Mortgage is currently generating 0.0206% in daily expected returns and assumes 2.5419% risk (volatility on return distribution) over the 90 days horizon. In different words, 22% of stocks are less volatile than Granite, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Granite Point Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Granite Point's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Granite Point Mortgage, and traders can use it to determine the average amount a Granite Point's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0081
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| Negative Returns | GPMT |
Estimated Market Risk
| 2.54 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Granite Point is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Granite Point by adding Granite Point to a well-diversified portfolio.
Granite Point Fundamentals Growth
Granite Stock prices reflect investors' perceptions of the future prospects and financial health of Granite Point, and Granite Point fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Granite Stock performance.
| Return On Equity | -0.23 | ||||
| Return On Asset | -0.0669 | ||||
| Operating Margin | 1.53 % | ||||
| Current Valuation | 1.64 B | ||||
| Shares Outstanding | 49.96 M | ||||
| Price To Earning | 37.88 X | ||||
| Price To Book | 0.21 X | ||||
| Price To Sales | 8.76 X | ||||
| Revenue | 266.49 M | ||||
| Gross Profit | 10.7 M | ||||
| EBITDA | 121.89 M | ||||
| Net Income | (63.2 M) | ||||
| Cash And Equivalents | 150.19 M | ||||
| Cash Per Share | 2.87 X | ||||
| Total Debt | 1.95 B | ||||
| Debt To Equity | 2.88 % | ||||
| Current Ratio | 66.98 X | ||||
| Book Value Per Share | 13.37 X | ||||
| Cash Flow From Operations | 52.1 M | ||||
| Earnings Per Share | (3.86) X | ||||
| Market Capitalization | 142.38 M | ||||
| Total Asset | 2.85 B | ||||
| Retained Earnings | (339.74 M) | ||||
| Working Capital | (1.07 B) | ||||
| Current Asset | 111.04 M | ||||
| Current Liabilities | 1.18 B | ||||
About Granite Point Performance
Assessing Granite Point's fundamental ratios provides investors with valuable insights into Granite Point's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Granite Point is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.03) | (0.02) | |
| Return On Capital Employed | 0.05 | 0.04 | |
| Return On Assets | (0.03) | (0.02) | |
| Return On Equity | (0.08) | (0.08) |
Things to note about Granite Point Mortgage performance evaluation
Checking the ongoing alerts about Granite Point for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Granite Point Mortgage help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Granite Point has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 266.49 M. Net Loss for the year was (63.2 M) with profit before overhead, payroll, taxes, and interest of 10.7 M. | |
| Latest headline from thelincolnianonline.com: Contrasting Granite Point Mortgage Trust and Essex Property Trust |
- Analyzing Granite Point's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Granite Point's stock is overvalued or undervalued compared to its peers.
- Examining Granite Point's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Granite Point's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Granite Point's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Granite Point's stock. These opinions can provide insight into Granite Point's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Granite Stock Analysis
When running Granite Point's price analysis, check to measure Granite Point's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Point is operating at the current time. Most of Granite Point's value examination focuses on studying past and present price action to predict the probability of Granite Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Point's price. Additionally, you may evaluate how the addition of Granite Point to your portfolios can decrease your overall portfolio volatility.