Granite Point Mortgage Trust is a reit - mortgage business based in the US. Granite Point Mortgage Trust shares (GPMT) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $3.26 – an increase of 3.49% over the previous week. Granite Point Mortgage Trust employs 36 staff and has a market cap (total outstanding shares value) of 0.00.
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| Latest market close | $3.26 |
|---|---|
| 52-week range | $2.42 - $5.82 |
| 50-day moving average | $2.99 |
| 200-day moving average | $3.56 |
| Wall St. target price | $3.33 |
| PE ratio | N/A |
| Dividend yield | $0.45 (5.97%) |
| Earnings per share (TTM) | $-3.86 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $3.26 from 2024-11-15
| 1 week (2024-11-08) | 3.49% |
|---|---|
| 1 month (2024-10-16) | 4.15% |
| 3 months (2024-08-16) | 24.90% |
| 6 months (2024-05-16) | -2.10% |
| 1 year (2023-11-16) | -35.83% |
|---|---|
| 2 years (2022-11-16) | -27.63% |
| 3 years (2021-11-16) | 9.0194 |
| 5 years (2019-11-15) | 10.8963 |
| Operating margin TTM | 153.19% |
|---|---|
| Gross profit TTM | $10.7 million |
| Return on assets TTM | -6.69% |
| Return on equity TTM | -23.31% |
| Profit margin | 0% |
| Book value | $13.37 |
| Market Capitalization | $167.4 million |
TTM: trailing 12 months
Dividend payout ratio: 588.24% of net profits
Recently Granite Point Mortgage Trust has paid out, on average, around 600% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Granite Point Mortgage Trust shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Granite Point Mortgage Trust's case, that would currently equate to about $0.45 per share.
Granite Point Mortgage Trust's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Granite Point Mortgage Trust's most recent dividend payout was on 14 October 2024. The latest dividend was paid out to all shareholders who bought their shares by 30 September 2024 (the "ex-dividend date").
Over the last 12 months, Granite Point Mortgage Trust's shares have ranged in value from as little as $2.4212 up to $5.8181. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Granite Point Mortgage Trust's is 1.816. This would suggest that Granite Point Mortgage Trust's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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. The company provides intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, including lease-up, renovation, repositioning, and repurposing of the commercial property. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2015 and is headquartered in New York, New York. .
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