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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces 2020 Dividend Tax Information

Granite Point Mortgage Trust Inc. Announces 2020 Dividend Tax Information

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Completion of Internalization of Management Function

Granite Point Mortgage Trust Inc. Announces Completion of Internalization of Management Function

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Conversion Rate Adjustment for its Convertible Senior Notes Due 2022 and 2023

Granite Point Mortgage Trust Inc. Conversion Rate Adjustment for its Convertible Senior Notes Due 2022 and 2023

Invesco Mortgage Capital

Redwood Trust

Starwood Property

Two Harbors Investment

mREITs prospects for 2021 look encouraging backed by coronavirus relief packages and continued Fed purchases. Starwood (STWD), Two Harbors (TWO), Redwood (RWT), Invesco Mortgage (IVR) and Granite Point (GPMT) are likely to recover.

5 Beaten-Down mREITs Poised for a Turnaround in 2021

GPMT was an extreme bargain back in May. There are fewer uncertainties now, but enough risks remain that I don't think GPMT is worth the entirety of their book value.

Granite Point Mortgage Trust: Price More Accurately Reflecting Risk Now

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2020 Dividend and an Additional Special Common Stock Dividend

Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2020 Dividend and an Additional Special Common Stock Dividend

Granite Point Mortgage Trust (GPMT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for Granite Point Mortgage Trust (GPMT) Stock

Granite Point Mortgage Trust Inc. (GPMT) CEO John Taylor on Q3 2020 Results - Earnings Call Transcript

Granite Point Mortgage Trust Inc.'s (GPMT) CEO John Taylor On Q3 2020 Results - Quick Version Earnings Call Transcript

Granite Point Mortgage Trust (GPMT) delivered earnings and revenue surprises of 35.00% and 7.25%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Granite Point Mortgage Trust (GPMT) Surpasses Q3 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Third Quarter 2020 Financial Results and Post Quarter-End Update

Granite Point Mortgage Trust Inc. Reports Third Quarter 2020 Financial Results and Post Quarter-End Update

Granite Point Mortgage (NYSE: GPMT) announces its next round of earnings this Monday, November 09. Here is Benzinga's everything-that-matters guide for this Monday's Q3 earnings announcement.

Granite Point Mortgage's Earnings Outlook

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Earnings Release and Conference Call for Third Quarter 2020 Financial Results

Granite Point Mortgage Trust Inc. Announces Earnings Release and Conference Call for Third Quarter 2020 Financial Results

Ares Commercial Real Estate

American Fin Tr Inc - Ordinary Shares - Class A

Preferred Apartment Communities

Apollo Commercial Real Estate Finance

Blackstone Mortgage Trust

Cherry Hill Mortgage

Chimera Investment

GEO Group

Global Net Lease

Ladder Capital

Office Properties Income Trust

Orchid Island Capital

Retail Value Inc

Retail Value Inc again showed top-broker estimated-net gains of 141.2%, while Klepierre had the top 17.19% yield out of 350 U.S. REITs per YCharts data 10/16/20.

55 U.S. Real Estate Investment Trusts Yield Over 7% In October

GPMT is a commercial mortgage REIT. This is currently a risky sector, but the upside on GPMT is substantial.

The Upside Is Massive On Granite Point Mortgage Trust

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Internalization of Management

Granite Point Mortgage Trust Inc. Announces Internalization of Management

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Update on Process to Internalize Management Function

Granite Point Mortgage Trust Inc. Announces Update on Process to Internalize Management Function

Berkshire Hills Bancorp

Cross Timbers Royalty

Kimco Realty

Retail Properties of America

Eighteen U.S. firms announced they would pay a special (or extra) dividend to their shareholders in September 2020.

Dividends By The Numbers For September 2020 And 2020-Q3

The mortgage REIT provided an update on its performance, but it also did something much more important.

Why Granite Point Mortgage Trust Rocketed Nearly 17% Out of the Gate Today

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. (NYSE: GPMT) (“GPMT” or the “Company”) today declared a quarterly dividend of $0.20 per share of common stock for the third quarter of 2020. This dividend is payable on October 19, 2020 to common stockholders of record at the close of business on October 8, 2020.

Granite Point Mortgage Trust Inc. Announces Third Quarter 2020 Common Stock Dividend and Business Update

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Secures $300 Million Strategic Financing

Granite Point Mortgage Trust Inc. Secures $300 Million Strategic Financing

Granite Point Mortgage Trust: It's Time To Take Notice And Really Understand The Numbers

Granite Point Mortgage Trust Inc. (GPMT) CEO John Taylor on Q2 2020 Results - Earnings Call Transcript

Granite Point Mortgage Trust (GPMT) delivered earnings and revenue surprises of 13.64% and 21.92%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Granite Point Mortgage Trust (GPMT) Q2 Earnings and Revenues Top Estimates

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Second Quarter 2020 Financial Results and Post Quarter-End Update

News for Granite Point Mortgage Trust Stock (GPMT)