Granite Point Mortgage Trust Inc GPMT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2024 Earnings Release and Conference Call
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Granite Point Mortgage Trust Inc. Announces First Quarter 2024 Common and Preferred Stock Dividends
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Granite Point Mortgage Trust Inc. Announces 2024 Annual Meeting of Stockholders
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Granite Point Mortgage Trust Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Post Quarter-End Update
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Granite Point Mortgage Trust Inc. Announces Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
Trading Information
- Previous Close Price
- $4.42
- Day Range
- $4.33–4.40
- 52-Week Range
- $3.97–6.40
- Bid/Ask
- $4.34 / $4.35
- Market Cap
- $222.00 Mil
- Volume/Avg
- 131,196 / 433,700
Key Statistics
- Price/Earnings (Normalized)
- 15.55
- Price/Sales
- 2.89
- Dividend Yield (Trailing)
- 16.78%
- Dividend Yield (Forward)
- 13.42%
- Total Yield
- 21.53%
Company Profile
Granite Point Mortgage Trust Inc focuses on directly originating, investing in, and managing senior floating rate commercial mortgage loans and other debt and debt-like commercial real estate investments. The company constructs its investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting, selectivity, and diversification, and assesses each investment from a fundamental value perspective relative to other opportunities available in the market. It typically provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancing, and a range of business plans, including lease-up, renovation, repositioning, and repurposing of the property.
- Sector
- Real Estate
- Industry
- REIT - Mortgage
- Stock Style Box
- Small Value
- Total Number of Employees
- 35
- Website
- https://www.gpmtreit.com
Comparables
Valuation
|
Metric
|
GPMT
|
CMTG
|
AOMR
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.55 | 21.80 | 26.77 |
Price/Book Value | 0.26 | 0.54 | 1.13 |
Price/Sales | 2.89 | 4.94 | 5.28 |
Price/Cash Flow | 4.41 | 8.29 | 1.04 |
Price/Earnings
GPMT
CMTG
AOMR
Financial Strength
|
Metric
|
GPMT
|
CMTG
|
AOMR
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
GPMT
|
CMTG
|
AOMR
|
|---|---|---|---|
Return on Assets (Normalized) | −1.79% | 0.21% | 1.41% |
Return on Equity (Normalized) | −6.31% | 0.74% | 14.71% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
GPMT
CMTG
AOMR
REIT - Mortgage Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NLY
| Annaly Capital Management Inc | — | Wjdtt | $9.0 Bil | |
AGNC
| AGNC Investment Corp | — | Hwpd | $6.6 Bil | |
STWD
| Starwood Property Trust Inc | — | Ccdf | $6.1 Bil | |
RITM
| Rithm Capital Corp | — | Ymff | $5.4 Bil | |
BXMT
| Blackstone Mortgage Trust Inc A | — | Pssk | $3.2 Bil | |
ABR
| Arbor Realty Trust Inc | — | Vzcs | $2.5 Bil | |
ARI
| Apollo Commercial Real Estate Finance Inc | — | Mlmg | $1.5 Bil | |
RC
| Ready Capital Corp | — | Jzgb | $1.5 Bil | |
LADR
| Ladder Capital Corp Class A | — | Dspgf | $1.3 Bil | |
TWO
| Two Harbors Investment Corp | — | Hsn | $1.3 Bil |