Granite Point Mortgage Stock Probability Of Bankruptcy

GPMT Stock

USD 3.33 0.03 0.91%

Granite Point's chance of distress is below 50% at this time. It has small odds of experiencing financial hardship in the next few years. Probability of financial unrest prediction helps decision makers evaluate Granite Point's chance of financial distress in relation to its going-concern outlook and evaluation. All items used in analyzing the odds of distress are taken from the Granite balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Granite Point Piotroski F Score and Granite Point Altman Z Score analysis.

Market Cap is likely to drop to about 291.4 M in 2024. Enterprise Value is likely to drop to about 1.5 B in 2024

Granite Point Mortgage Company probability of financial unrest Analysis

Granite Point's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Granite Point Probability Of Bankruptcy

Less than 46%

Most of Granite Point's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Granite Point Mortgage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Granite Point probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Granite Point odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Granite Point Mortgage financial health.

Is Mortgage Real Estate Investment Trusts (REITs) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Granite Point. If investors know Granite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Granite Point listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.96)

Dividend Share

0.45

Earnings Share

(3.86)

Revenue Per Share

(2.76)

Quarterly Revenue Growth

0.827

The market value of Granite Point Mortgage is measured differently than its book value, which is the value of Granite that is recorded on the company's balance sheet. Investors also form their own opinion of Granite Point's value that differs from its market value or its book value, called intrinsic value, which is Granite Point's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Granite Point's market value can be influenced by many factors that don't directly affect Granite Point's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Granite Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Granite Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Granite Point's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Granite Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Granite Point is extremely important. It helps to project a fair market value of Granite Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Granite Point's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Granite Point's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Granite Point's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt Total	Long Term Investments	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.96	0.91	-0.23	0.89	-0.52	0.82	0.9	0.86	0.48	0.93	0.82	-0.68	0.28	0.41	-0.95	0.91	0.74	0.67	0.9	0.91	0.77
Total Stockholder Equity	0.96		0.96	-0.28	0.84	-0.61	0.8	0.85	0.78	0.59	0.91	0.88	-0.8	0.38	0.3	-0.96	0.91	0.8	0.74	0.9	0.9	0.82
Net Tangible Assets	0.91	0.96		-0.36	0.8	-0.72	0.83	0.81	0.8	0.66	0.88	0.89	-0.77	0.33	0.24	-0.95	0.86	0.79	0.85	0.85	0.9	0.85
Current Deferred Revenue	-0.23	-0.28	-0.36		-0.19	0.78	-0.27	-0.2	-0.33	-0.66	-0.25	-0.24	0.17	0.07	0.2	0.34	-0.26	-0.33	-0.52	-0.3	-0.4	-0.54
Net Debt	0.89	0.84	0.8	-0.19		-0.53	0.78	1.0	0.81	0.62	0.8	0.59	-0.57	0.32	0.54	-0.76	0.77	0.44	0.71	0.98	0.89	0.83
Retained Earnings	-0.52	-0.61	-0.72	0.78	-0.53		-0.7	-0.55	-0.63	-0.89	-0.48	-0.55	0.47	-0.38	-0.05	0.62	-0.41	-0.46	-0.91	-0.62	-0.71	-0.87
Accounts Payable	0.82	0.8	0.83	-0.27	0.78	-0.7		0.81	0.78	0.56	0.61	0.7	-0.66	0.35	0.61	-0.78	0.57	0.53	0.8	0.82	0.84	0.82
Long Term Debt	0.9	0.85	0.81	-0.2	1.0	-0.55	0.81		0.82	0.63	0.8	0.61	-0.58	0.31	0.56	-0.78	0.77	0.45	0.73	0.98	0.9	0.84
Net Receivables	0.86	0.78	0.8	-0.33	0.81	-0.63	0.78	0.82		0.58	0.84	0.72	-0.32	0.42	0.33	-0.84	0.67	0.59	0.74	0.77	0.84	0.78
Short Term Investments	0.48	0.59	0.66	-0.66	0.62	-0.89	0.56	0.63	0.58		0.48	0.5	-0.39	0.42	0.1	-0.56	0.4	0.4	0.85	0.68	0.65	0.85
Total Liab	0.93	0.91	0.88	-0.25	0.8	-0.48	0.61	0.8	0.84	0.48		0.78	-0.56	0.33	0.1	-0.92	0.93	0.75	0.63	0.8	0.86	0.7
Deferred Long Term Liab	0.82	0.88	0.89	-0.24	0.59	-0.55	0.7	0.61	0.72	0.5	0.78		-0.62	0.28	0.24	-0.92	0.78	0.91	0.66	0.64	0.66	0.66
Short Long Term Debt	-0.68	-0.8	-0.77	0.17	-0.57	0.47	-0.66	-0.58	-0.32	-0.39	-0.56	-0.62		-0.18	-0.24	0.69	-0.69	-0.61	-0.54	-0.7	-0.71	-0.59
Total Current Assets	0.28	0.38	0.33	0.07	0.32	-0.38	0.35	0.31	0.42	0.42	0.33	0.28	-0.18		-0.08	-0.31	0.09	0.16	0.42	0.32	0.35	0.47
Short Term Debt	0.41	0.3	0.24	0.2	0.54	-0.05	0.61	0.56	0.33	0.1	0.1	0.24	-0.24	-0.08		-0.25	0.16	0.05	0.19	0.5	0.29	0.29
Common Stock	-0.95	-0.96	-0.95	0.34	-0.76	0.62	-0.78	-0.78	-0.84	-0.56	-0.92	-0.92	0.69	-0.31	-0.25		-0.87	-0.9	-0.7	-0.81	-0.87	-0.74
Long Term Debt Total	0.91	0.91	0.86	-0.26	0.77	-0.41	0.57	0.77	0.67	0.4	0.93	0.78	-0.69	0.09	0.16	-0.87		0.74	0.56	0.8	0.8	0.66
Long Term Investments	0.74	0.8	0.79	-0.33	0.44	-0.46	0.53	0.45	0.59	0.4	0.75	0.91	-0.61	0.16	0.05	-0.9	0.74		0.45	0.51	0.6	0.47
Capital Surpluse	0.67	0.74	0.85	-0.52	0.71	-0.91	0.8	0.73	0.74	0.85	0.63	0.66	-0.54	0.42	0.19	-0.7	0.56	0.45		0.76	0.8	0.93
Net Invested Capital	0.9	0.9	0.85	-0.3	0.98	-0.62	0.82	0.98	0.77	0.68	0.8	0.64	-0.7	0.32	0.5	-0.81	0.8	0.51	0.76		0.92	0.88
Net Working Capital	0.91	0.9	0.9	-0.4	0.89	-0.71	0.84	0.9	0.84	0.65	0.86	0.66	-0.71	0.35	0.29	-0.87	0.8	0.6	0.8	0.92		0.86
Capital Stock	0.77	0.82	0.85	-0.54	0.83	-0.87	0.82	0.84	0.78	0.85	0.7	0.66	-0.59	0.47	0.29	-0.74	0.66	0.47	0.93	0.88	0.86

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The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.

Competition

Predict Granite Point

Based on the latest financial disclosure, Granite Point Mortgage has a Probability Of Bankruptcy of 46.0%. This is 7.55% higher than that of the Mortgage Real Estate Investment Trusts (REITs) sector and significantly higher than that of the Financials industry. The probability of bankruptcy for all United States stocks is 15.49% lower than that of the firm.

Granite Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Granite Point's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Granite Point could also be used in its relative valuation, which is a method of valuing Granite Point by comparing valuation metrics of similar companies.

Granite Point is currently under evaluation in probability of bankruptcy category among its peers.

Granite Point Main Bankruptcy Drivers

	2019	2020	2021	2022	2023	2024 (projected)
Return On Assets	0.0157	(0.009584)	0.0171	(0.0118)	(0.0222)	(0.0211)
Asset Turnover	0.0239	0.0249	0.0219	0.0227	0.0936	0.0983
Gross Profit Margin	0.8	0.72	0.66	0.6	0.96	0.87
Net Debt	1.4B	1.3B	2.1B	1.3B	887.3M	1.0B
Total Current Liabilities	49.3M	1.1B	451.1M	100M	98.1M	93.2M
Non Current Liabilities Total	1.4B	1.5B	2.3B	130.9M	1.7B	1.1B
Total Assets	4.5B	4.2B	4.0B	3.5B	2.8B	3.3B
Total Current Assets	104.4M	273.8M	202.6M	3.5B	200.8M	190.7M
Total Cash From Operating Activities	64.2M	20.3M	60.3M	58.9M	52.1M	45.1M

Granite Point ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Granite Point's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Granite Point's managers, analysts, and investors.

Environmental

Governance

Social

Granite Fundamentals

	Return On Equity	-0.23
	Return On Asset	-0.0669
	Operating Margin	1.53 %
	Current Valuation	1.66 B
	Shares Outstanding	49.96 M
	Shares Owned By Insiders	2.52 %
	Shares Owned By Institutions	50.72 %
	Number Of Shares Shorted	1.22 M
	Price To Earning	37.88 X
	Price To Book	0.25 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
	Short Ratio	3.07 X
	Earnings Per Share	(3.86) X
	Target Price	3.67
	Number Of Employees	36
	Beta	1.82
	Market Capitalization	164.86 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
	Annual Yield	0.06 %
	Five Year Return	9.49 %
	Net Asset	2.85 B
	Last Dividend Paid	0.45

About Granite Point Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Granite Point Mortgage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Granite Point using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Granite Point Mortgage based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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Granite Point Mortgage Stock Probability Of Bankruptcy

Granite Point Mortgage Company probability of financial unrest Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Granite Point Probability Of Bankruptcy

Granite Probability Of Bankruptcy Driver Correlations

Granite Probability Of Bankruptcy Peer Comparison

Granite Point Main Bankruptcy Drivers

Granite Point ESG Sustainability

Granite Fundamentals

About Granite Point Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Granite Stock Analysis

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