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. Granite Point Mortgage Trust employs 33 staff and has a trailing 12-month revenue of around $36.9 million.
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| Latest market close | $6.73 |
|---|---|
| 52-week range | $5.10 - $10.49 |
| 50-day moving average | $6.09 |
| 200-day moving average | $8.40 |
| Wall St. target price | $8.50 |
| PE ratio | 39.0588 |
| Dividend yield | $1 (12.74%) |
| Earnings per share (TTM) | $0.17 |
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Historical closes compared with the close of $6.73 from 2023-02-01
| 1 week (2023-01-27) | 5.16% |
|---|---|
| 1 month (2022-12-30) | 25.56% |
| 3 months (2022-11-03) | -8.31% |
| 6 months (2022-07-30) | N/A |
| 1 year (2022-02-03) | -41.68% |
|---|---|
| 2 years (2021-02-03) | -29.82% |
| 3 years (2020-02-03) | 18.38 |
| 5 years (2018-02-02) | 16.89 |
Valuing Granite Point Mortgage Trust stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Granite Point Mortgage Trust's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Granite Point Mortgage Trust's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 39x. In other words, Granite Point Mortgage Trust shares trade at around 39x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
| Revenue TTM | $36.9 million |
|---|---|
| Operating margin TTM | 2.2% |
| Gross profit TTM | $107.6 million |
| Return on assets TTM | -0.71% |
| Return on equity TTM | -2.8% |
| Profit margin | -73.45% |
| Book value | $19.17 |
| Market capitalisation | $347.6 million |
TTM: trailing 12 months
Dividend payout ratio: 2.16% of net profits
Recently Granite Point Mortgage Trust has paid out, on average, around 2.16% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 12.74% 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 12.74% return on their shares, in the form of dividend payments. In Granite Point Mortgage Trust's case, that would currently equate to about $1 per share.
While Granite Point Mortgage Trust's payout ratio might seem low, this can signify that Granite Point Mortgage Trust is investing more in its future growth.
Granite Point Mortgage Trust's most recent dividend payout was on 16 January 2023. The latest dividend was paid out to all shareholders who bought their shares by 28 December 2022 (the "ex-dividend date").
Over the last 12 months, Granite Point Mortgage Trust's shares have ranged in value from as little as $5.0959 up to $10.4926. 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 1.557. 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. As of December 31, 2021, its investment portfolio includes 105 commercial real estate loan investments. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York. .
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