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Granite Point Mortgage Trust Inc. Common Stock (GPMT)

2.8400
-0.0100 (-0.35%)

Granite Point Mortgage Trust Inc is a real estate investment trust (REIT) that primarily focuses on originating and investing in senior commercial mortgage loans and other debt instruments secured by commercial real estate properties

The company aims to provide attractive risk-adjusted returns to its shareholders by strategically managing a diversified portfolio of loans across various property types and geographic locations. With a commitment to rigorous underwriting standards and active asset management, Granite Point seeks to capitalize on opportunities in the commercial real estate market while navigating potential risks associated with the sector.

SummaryNewsPress ReleasesChartHistoricalFAQ
Previous Close2.850
Open2.860
Bid2.500
Ask2.900
Day's Range2.800 - 2.905
52 Week Range2.460 - 5.660
Volume180,486
Market Cap155.60M
PE Ratio (TTM)-0.7358
EPS (TTM)-3.9
Dividend & Yield0.2000 (7.04%)
1 Month Average Volume345,151

News & Press Releases

Granite Point Mortgage Trust Inc. Announces 2024 Dividend Tax Information
Granite Point Mortgage Trust Inc. (NYSEGPMT) (“GPMT,” “Granite Point” or the “Company”) today announced the tax treatment of common and preferred stock dividends declared in 2024. This information is provided to assist stockholders with tax reporting requirements related to dividend distribution of taxable income by Granite Point. Stockholders should review the 2024 tax statements received from their brokerage firms or other institutions to ensure that the statements agree with the information provided below. Additionally, as each stockholder’s tax situation may be different, stockholders are encouraged to consult with their own professional tax advisor with respect to their individual tax consequences.
By Granite Point Mortgage Trust Inc. · Via Business Wire · January 30, 2025
Granite Point Mortgage Trust Inc. Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
Granite Point Mortgage Trust Inc. (NYSEGPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that it will release financial results for the quarter and full year ended December 31, 2024, after market close on February 13, 2025. The Company will host a conference call to review the financial results on February 14, 2025, at 11:00 a.m. ET.
By Granite Point Mortgage Trust Inc. · Via Business Wire · January 29, 2025
Granite Point Mortgage Trust Inc. Mourns the Passing of Director W. Reid Sanders
Granite Point Mortgage Trust Inc. (NYSEGPMT) ("GPMT," "Granite Point" or the "Company”) today announced that W. Reid Sanders, a member of its Board of Directors since the Company’s inception in 2017, has passed away.
By Granite Point Mortgage Trust Inc. · Via Business Wire · January 23, 2025
Granite Point Mortgage's Earnings: A Previewbenzinga.com
Via Benzinga · November 5, 2024
Granite Point Mortgage Trust Inc. Announces Patrick Halter and Lazar Nikolic Appointed to the Board of Directors
Granite Point Mortgage Trust Inc. (NYSEGPMT) ("GPMT," "Granite Point" or the "Company”) today announced that Patrick Halter and Lazar Nikolic have been appointed to the Company’s Board of Directors, effective immediately. Mr. Halter will serve on the Compensation Committee and Mr. Nikolic will serve on the Nominating and Corporate Governance Committee. With the additions of Mr. Halter and Mr. Nikolic, the Granite Point Board now comprises eight directors, seven of whom are independent.
By Granite Point Mortgage Trust Inc. · Via Business Wire · January 15, 2025
Granite Point Mortgage Trust Inc. Announces COO Transition
Granite Point Mortgage Trust Inc. (NYSEGPMT) ("GPMT," "Granite Point" or the "Company") today announced that Ethan Lebowitz, Managing Director, will succeed Steven Plust as Chief Operating Officer effective no later than May 1, 2025. Mr. Lebowitz will serve as Deputy Chief Operating Officer until the COO transition is effective.
Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2024 Common and Preferred Stock Dividends and Business Update
Granite Point Mortgage Trust Inc. (NYSEGPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.05 per share of common stock for the fourth quarter of 2024. This dividend is payable on January 15, 2025, to holders of record of common stock at the close of business on December 31, 2024.
By Granite Point Mortgage Trust Inc. · Via Business Wire · December 19, 2024
Granite Point Mortgage Trust Inc. Reports Third Quarter 2024 Financial Results and Post Quarter-End Update
Granite Point Mortgage Trust Inc. (NYSEGPMT) ("GPMT," "Granite Point" or the "Company") today announced its financial results for the quarter ending September 30, 2024, and provided an update on its activities subsequent to quarter-end. An earnings supplemental containing third quarter 2024 financial results can be viewed at www.gpmtreit.com.
By Granite Point Mortgage Trust Inc. · Via Business Wire · November 6, 2024
Granite Point Mortgage Trust Inc. Announces Dates for Third Quarter 2024 Earnings Release and Conference Call
Granite Point Mortgage Trust Inc. (NYSEGPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that it will release financial results for the quarter ended September 30, 2024, after market close on November 6, 2024. The Company will host a conference call to review the financial results on November 7, 2024, at 11:00 a.m. ET.
By Granite Point Mortgage Trust Inc. · Via Business Wire · October 23, 2024
Why Granite Point Mortgage Trust Shares Are Trading Higher; Here Are 20 Stocks Moving Premarketbenzinga.com
Via Benzinga · September 23, 2024
Granite Point Mortgage Trust Inc. Announces Third Quarter 2024 Common and Preferred Stock Dividends and Business Update
Granite Point Mortgage Trust Inc. (NYSEGPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.05 per share of common stock for the third quarter of 2024. This dividend is payable on October 15, 2024, to holders of record of common stock at the close of business on October 1, 2024.
By Granite Point Mortgage Trust Inc. · Via Business Wire · September 20, 2024
Granite Point Mortgage Trust Inc. Announces CFO Transition
Granite Point Mortgage Trust Inc. (NYSEGPMT) ("GPMT," "Granite Point" or the "Company") today announced that Blake Johnson will be appointed Chief Financial Officer, effective December 1, 2024. Mr. Johnson will join the Company no later than October 28, 2024, as Deputy CFO before assuming the CFO role.
GPMT Stock Earnings: Granite Point Mortgage Beats EPS, Misses Revenue for Q2 2024investorplace.com
GPMT stock results show that Granite Point Mortgage beat analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.
Via InvestorPlace · August 5, 2024
Granite Point Mortgage Trust Inc. Reports Second Quarter 2024 Financial Results and Post Quarter-End Update
Granite Point Mortgage Trust Inc. (NYSEGPMT) ("GPMT," "Granite Point" or the "Company") today announced its financial results for the quarter ending June 30, 2024, and provided an update on its activities subsequent to quarter-end. An earnings supplemental containing second quarter 2024 financial results can be viewed at www.gpmtreit.com.
Granite Point Mortgage Trust Inc. Announces Dates for Second Quarter 2024 Earnings Release and Conference Call
Granite Point Mortgage Trust Inc. (NYSEGPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that it will release financial results for the quarter ended June 30, 2024, after market close on August 5, 2024. The Company will host a conference call to review the financial results on August 6, 2024, at 11:00 a.m. ET.
Granite Point Mortgage Trust Inc. Announces Second Quarter 2024 Common and Preferred Stock Dividends and Business Update
Granite Point Mortgage Trust Inc. (NYSEGPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.05 per share of common stock for the second quarter of 2024. This dividend is payable on July 15, 2024, to holders of record of common stock at the close of business on July 1, 2024.
Top 3 Financial Stocks That Are Set To Fly This Quarterbenzinga.com
Via Benzinga · May 20, 2024
GPMT Stock Earnings: Granite Point Mortgage Beats EPS, Misses Revenue for Q1 2024investorplace.com
GPMT stock results show that Granite Point Mortgage beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.
Via InvestorPlace · May 7, 2024
Granite Point Mortgage Trust Inc. Reports First Quarter 2024 Financial Results and Post Quarter-End Update
Granite Point Mortgage Trust Inc. (NYSEGPMT) ("GPMT," "Granite Point" or the "Company") today announced its financial results for the quarter ending March 31, 2024, and provided an update on its activities subsequent to quarter-end. A presentation containing first quarter 2024 financial results can be viewed at www.gpmtreit.com.
7 REITs to Sell in May Before They Crash and Burninvestorplace.com
When it comes to the following seven REITs to sell, take heed of the Wall Street adage, "sell in May and go away."
Via InvestorPlace · May 6, 2024
Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2024 Earnings Release and Conference Call
Granite Point Mortgage Trust Inc. (NYSEGPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that it will release financial results for the quarter ended March 31, 2024, after market close on May 7, 2024. The Company will host a conference call to review the financial results on May 8, 2024, at 11:00 a.m. ET.
Wall Street’s Favorite Penny Stocks? 7 Names That Could Make You Filthy Richinvestorplace.com
The market is surging higher after dovish Fed comments. Here are seven of Wall Street’s favorite penny stocks that can help make you rich
Via InvestorPlace · March 23, 2024
Granite Point Mortgage Trust Inc. Announces First Quarter 2024 Common and Preferred Stock Dividends
Granite Point Mortgage Trust Inc. (NYSEGPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.15 per share of common stock for the first quarter of 2024. This dividend is payable on April 15, 2024, to holders of record of common stock at the close of business on April 1, 2024.
Granite Point Mortgage Trust Inc. Announces 2024 Annual Meeting of Stockholders
Granite Point Mortgage Trust Inc. (NYSEGPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that it will hold its 2024 Annual Meeting of Stockholders virtually on June 6, 2024, beginning at 10:00 a.m. Eastern Time. We believe that hosting a virtual annual meeting will make our annual meeting more accessible for all of our stockholders.
Granite Point Mortgage Trust Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Post Quarter-End Update
Granite Point Mortgage Trust Inc. (NYSEGPMT) ("GPMT," "Granite Point" or the "Company") today announced its financial results for the quarter and full year ending December 31, 2023, and provided an update on its activities subsequent to quarter-end. A presentation containing fourth quarter and full year 2023 financial results can be viewed at www.gpmtreit.com.
By Granite Point Mortgage Trust Inc. · Via Business Wire · February 14, 2024