Granite Point Mortgage Trust

Granite Point Mortgage Trust, Inc. operates as a real estate investment trust, which focuses on originating, investing in, and managing senior floating-rate commercial mortgage loans, other debt and debt-like commercial real estate investments. The company was founded on April 7, 2017 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Granite Point Mortgage Trust (GPMT) reports Q4 challenges and strategic resilience

Granite Point Mortgage Trust (GPMT) faced challenges in Q4 2022 but demonstrated resilience through strategic portfolio management and liquidity preservation. The company reported a GAAP net loss, emphasizing the importance of managing CECL reserves and capitalization. GPMT is exploring opportunities to optimize its capital structure and enhance its financial position through potential capital-raising initiatives.

Granite Point Mortgage Trust (GPMT) reports strong Q1 performance and eyes multifamily market opportunities

Granite Point Mortgage Trust (GPMT) showcased strong performance in Q1 with a focus on portfolio management, balance sheet protection, and capital preservation, while navigating market disruptions and emphasizing opportunities in the multifamily sector.

Granite Point Mortgage Trust reports resilient performance amidst market challenges

Granite Point Mortgage Trust (GPMT) demonstrated resilience with strong operating performance and strategic asset management in Q2 2023.
While facing challenges from high interest rates and potential sector impacts, the company's defensive balance sheet and liquidity position provide stability.
Opportunities for growth and value creation exist through prudent financial management and adaptability to market conditions.

Granite Point Mortgage Trust reports Q3 loss, focuses on liquidity and risk management

Granite Point Mortgage Trust navigated economic uncertainties with a conservative approach, focusing on liquidity, asset resolution, and risk management.
Despite challenges such as a GAAP net loss and increased CECL reserve, the company maintained a strong financial position with reduced leverage and ample cash reserves.
Opportunities lie in optimizing asset performance, resolving loans, and strategic growth initiatives to capitalize on market dynamics and drive long-term value creation.

Granite Point Mortgage Trust (GPMT) addresses challenges, focuses on stability

Granite Point Mortgage Trust (GPMT) navigated a challenging year by focusing on balance sheet stability, resolving nonaccrual loans, and maintaining liquidity.
Despite a fourth quarter GAAP net loss, the company remains committed to managing nonperforming assets, evaluating dividend sustainability, and monitoring risk-rated loans.
Market observations, discussions on liquidity management, and a cautious approach to reserves highlight GPMT's strategic focus on portfolio performance and stability.

Granite Point Mortgage Trust reports strong Q3 performance and strategic focus on loan resolutions amidst market opportunities

Granite Point Mortgage Trust's Q3 earnings call highlighted a strong performance, strategic strengths in resolving loans, and opportunities in a favorable market environment.
Challenges such as the GAAP net loss and analyst inquiries into various operational aspects underscore areas for potential improvement and strategic focus.
The company's proactive measures, leadership transition, and focus on enhancing financial health position it well to capitalize on market opportunities and drive future growth.

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GPMT owns a portfolio of senior floating-rate commercial real estate mortgage debt. The underlying result for Q2 was okay, but the dividend on the common shares isn't fully covered.

Granite Point Mortgage's Preferred Shares Offer A 10% Yield To Call

Granite Point Mortgage Trust Inc. (NYSE:GPMT ) Q2 2022 Earnings Conference Call August 9, 2022 11:00 AM ET Company Participants Chris Petta - Investor Relations Jack Taylor - President & Chief Executive Officer Steve Alpart - Chief Investment Officer & Co-Head of Originations Marcin Urbaszek - Chief Financial Officer Conference Call Participants Doug Harter - Credit Suisse Steve Delaney - JMP Securities Stephen Laws - Raymond James Operator Good morning. My name is Chuck and I'll be your conference facilitator today.

Granite Point Mortgage Trust Inc. (GPMT) CEO Jack Taylor on Q2 2022 Results - Earnings Call Transcript.

Granite Point Mortgage Trust (GPMT) delivered earnings and revenue surprises of 0% and 5.04%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Granite Point Mortgage Trust (GPMT) Matches Q2 Earnings Estimates

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Second Quarter 2022 Financial Results and Post Quarter-End Update

Granite Point Mortgage Trust Inc. Reports Second Quarter 2022 Financial Results and Post Quarter-End Update

GPMT is a high-yielding commercial real estate lender that's reasonably leveraged, with a strong investment pipeline and favorable outlook. It maintains a safe investment portfolio comprised primarily of senior first mortgages with a healthy weighted average loan to value ratio.

9.3%-Yielding Granite Point Mortgage Is Flying Under The Radar

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for Second Quarter 2022 Earnings Release and Conference Call

Granite Point Mortgage Trust Inc. Announces Dates for Second Quarter 2022 Earnings Release and Conference Call

Granite Point Mortgage Trust (GPMT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Granite Point Mortgage Trust (GPMT) Upgraded to Buy: Here's What You Should Know

Granite Point Mortgage Trust (GPMT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in Granite Point Mortgage Trust (GPMT): Can Its 6.3% Jump Turn into More Strength?

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Second Quarter 2022 Common and Preferred Stock Dividends

Granite Point Mortgage Trust Inc. Announces Second Quarter 2022 Common and Preferred Stock Dividends

Ares Commercial Real Estate

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One main reason that Americans are suffering from the worst inflation rate in 40 years is that the Federal Reserve waited way too long to finally start raising interest rates from what was effectively zero.

6 Commercial Mortgage REITs With Huge Dividends Can Benefit From Rising Interest Rates

Mortgage REITs in general and Granite Point in particular are not well understood by the markets. This increases share price volatility and potential opportunity.

Granite Point Mortgage Is Now Yielding 9.9% - Who's Buying?

Granite Point Mortgage Trust Inc. (NYSE:GPMT ) Q1 2022 Earnings Conference Call May 11, 2022 11:00 AM ET Company Participants Chris Petta - IR Jack Taylor - President & CEO Stephen Alpart - Chief Investment Officer and Co-Head of Originations Marcin Urbaszek - CFO Conference Call Participants Steve DeLaney - JMP Securities Douglas Harter - Credit Suisse Jade Rahmani - KBW Stephen Laws - Raymond James Operator Good morning. My name is Vaishnavi and I will be your conference facilitator.

Granite Point Mortgage Trust Inc. (GPMT) CEO Jack Taylor on Q1 2022 Results - Earnings Call Transcript.

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports First Quarter 2022 Financial Results and Post Quarter-End Update

Granite Point Mortgage Trust Inc. Reports First Quarter 2022 Financial Results and Post Quarter-End Update

NEW YORK--(BUSINESS WIRE)--GPMT Announces $590 million Refinancing of Legacy Funding Vehicles, $50 million Repayment of Term Loan Borrowings and Preliminary Results for Q1'22

Granite Point Mortgage Trust Inc. Announces $590 million Refinancing of Legacy Funding Vehicles, Incremental $50 million Repayment of Term Loan Borrowings and Preliminary Financial Results for First Quarter 2022

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2022 Earnings Release and Conference Call

Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2022 Earnings Release and Conference Call

Granite Point Mortgage Trust is a REIT focusing on CRE mortgages. The average LTV in the portfolio is 63.5% and most loans are floating-rate. The REIT has recently issued in excess of $200M in preferred equity to bolster its balance sheet and retire expensive debt.

Granite Point Mortgage: The 7.5% Yielding Preferred Shares Are Getting Attractive

Arlington Asset Investment

ACRES Commercial Realty Corp.

AGNC Investment

AGNC Investment Corp - FXDFR PRF PERPETUAL USD 25 - Ser D 1/1000th int

AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

Apollo Investment

Ares Capital

ARMOUR Residential REIT

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Chimera Investment

Dynex Capital

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FS KKR Capital Corp

Gladstone Investment

Gladstone Investment Corp 6 1/4% Cum Term Pfd Shs Series D

Golub Capital BDC

Invesco Mortgage Capital

Invesco KBW Premium Yield Equity REIT ETF

Main Street Capital

Our sector has been wild lately. The volatility means more developments we need to cover. I've got some catching up to do. If you like shares with high dividend yields and inefficient markets, you're going to enjoy these opportunities. These yields are pretty good today, but dividend rates could increase materially in a few years.

3 Picks For 7.2% To 9.3% Dividend Yields

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Provides First Quarter 2022 Business Update

Granite Point Mortgage Trust Inc. Provides First Quarter 2022 Business Update

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces First Quarter 2022 Common and Preferred Stock Dividends

Granite Point Mortgage Trust Inc. Announces First Quarter 2022 Common and Preferred Stock Dividends

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces 2022 Annual Meeting of Stockholders

Granite Point Mortgage Trust Inc. Announces 2022 Annual Meeting of Stockholders

Granite Point Mortgage Trust's (GPMT) CEO Jack Taylor on Q4 2021 Results - Earnings Call Transcript

Granite Point Mortgage Trust (GPMT) delivered earnings and revenue surprises of -11.11% and 10.08%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Granite Point Mortgage Trust (GPMT) Q4 Earnings and Revenues Lag Estimates

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Fourth Quarter and Full Year 2021 Financial Results and Post Quarter-End Update

Granite Point Mortgage Trust Inc. Reports Fourth Quarter and Full Year 2021 Financial Results and Post Quarter-End Update

Granite Point Mortgage Trust (GPMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Granite Point Mortgage Trust (GPMT) to Report a Decline in Earnings: What to Look Out for

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

News for Granite Point Mortgage Trust Stock (GPMT)