Granite Point Mortgage Stock Today

GPMT Stock  USD 2.77  0.06  2.12%   

Performance

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Odds Of Distress

Above Average

 
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Granite Point is selling for under 2.77 as of the 26th of February 2025; that is 2.12 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 2.77. Granite Point has over 59 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.
Business Domain
Financial Services
IPO Date
23rd of June 2017
Category
Real Estate
Classification
Financials
Granite Point Mortgage Trust Inc., a real estate investment trust, originates, invests in, and manages senior floating-rate commercial mortgage loans, and other debt and debt-like commercial real estate investments in the United States. Granite Point Mortgage Trust Inc. The company has 48.8 M outstanding shares of which 854.3 K shares are currently shorted by private and institutional investors with about 2.27 trading days to cover. More on Granite Point Mortgage

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Follow Valuation Options Odds of Bankruptcy
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Granite Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJohn Taylor
Business ConcentrationMortgage Real Estate Investment Trusts (REITs), Financial Services, Real Estate, NYSE Composite, Financials, Mortgage Real Estate Investment Trusts (REITs), REIT—Mortgage, Real Estate (View all Sectors)
Average Analyst Recommendation
Debt Levels
Granite Point can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Granite Point's financial leverage. It provides some insight into what part of Granite Point's total assets is financed by creditors.
Liquidity
Granite Point Mortgage currently holds 1.95 B in liabilities with Debt to Equity (D/E) ratio of 2.89, implying the company greatly relies on financing operations through barrowing. Granite Point Mortgage has a current ratio of 65.64, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Granite Point's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

(124.38 Million)
Granite Point Mortgage (GPMT) is traded on New York Stock Exchange in USA. It is located in 3 Bryant Park, New York, NY, United States, 10036 and employs 18 people. Granite Point is listed under Mortgage Real Estate Investment Trusts (REITs) category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 135.18 M. Granite Point Mortgage conducts business under Mortgage Real Estate Investment Trusts (REITs) sector and is part of Financials industry. The entity has 48.8 M outstanding shares of which 854.3 K shares are currently shorted by private and institutional investors with about 2.27 trading days to cover. Granite Point Mortgage currently holds about 150.19 M in cash with 52.1 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.87, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership Allocation
Granite Point Mortgage has a total of 48.8 Million outstanding shares. Over half of Granite Point's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Granite Stock Institutional Holders

InstituionRecorded OnShares
Northern Trust Corp2024-12-31
526.5 K
Balyasny Asset Management Llc2024-12-31
498.4 K
Wolverine Asset Management Llc2024-12-31
493.8 K
D. E. Shaw & Co Lp2024-12-31
434 K
Penserra Capital Management, Llc2024-09-30
318.7 K
Amvescap Plc.2024-12-31
303.9 K
Goldman Sachs Group Inc2024-12-31
248.4 K
Jane Street Group Llc2024-12-31
243.3 K
Camelot Funds, Llc2024-12-31
231.6 K
Blackrock Inc2024-12-31
5.1 M
Vanguard Group Inc2024-12-31
2.8 M
View Granite Point Diagnostics

Granite Point Historical Income Statement

At this time, Granite Point's Tax Provision is comparatively stable compared to the past year. EBIT is likely to gain to about 111.9 M in 2025, whereas Total Revenue is likely to drop slightly above 115.9 M in 2025. View More Fundamentals

Granite Stock Against Markets

Granite Point Corporate Executives

Elected by the shareholders, the Granite Point's board of directors comprises two types of representatives: Granite Point inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Granite. The board's role is to monitor Granite Point's management team and ensure that shareholders' interests are well served. Granite Point's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Granite Point's outside directors are responsible for providing unbiased perspectives on the board's policies.

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.