Granite Point Mortgage Trust Inc. logo

Granite Point Mortgage Trust Inc.

GPMT

NYSEReal EstateREIT - Mortgage

Previous close

$1.13

+$0.01 · +0.89%

Aug 21, 4:00 PM ET

Pre-market

$1.1048

−$0.0252 · -2.23%

Aug 24, 7:57 AM ET

GPMT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jun 22, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

86

Deep Value

Momentum

25

Weakening

Sentiment

62

Bullish

Risk resilience

29

High Risk

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Company profile

Company website

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 offers intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, such as lease-up, renovation, repositioning, and repurposing of the commercial property. It also originates and invests in mezzanine loans, subordinated mortgage interests, and other real estate securities, as well as preferred equity investments, unsecured notes, and other investments that are subordinated or otherwise junior in an issuer’s capital structure. The company was founded in 2015 and is headquartered in New York, New York.

Industry
REIT - Mortgage
Sector
Real Estate
Headquarters
US
CEO
John A. Taylor
Listed since
Jun 26, 2017
Employees
28

Market position

Day range

Current $1.13

52-week range

Current $1.13

Open
$1.12
Previous close
$1.12
Volume
100.91K
0.61× average
Average volume
165.81K
Average daily volume
Market cap
54.15M USD
Beta
1.63
Market reference 1
50-day average
$1.344
-15.92% below average
200-day average
$1.8062
-37.44% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-0.56×
P/B (TTM)
0.11×
P/S (TTM)
0.44×
Dividend yield
17.70%

Profitability & efficiency

Gross margin
62.35%
Operating margin
-9.70%
Net margin
-66.31%

Financial health

Debt / equity
1.98×
Altman Z-score
-0.83
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends312%179%47%-85%Gross margin, FY2021: 100.00%Gross margin, FY2022: 100.00%Gross margin, FY2023: 123.43%Gross margin, FY2024: 103.23%Gross margin, FY2025: 83.02%Operating margin, FY2023: 219.19%Operating margin, FY2024: 114.99%Operating margin, FY2025: 43.59%Net margin, FY2021: 78.09%Net margin, FY2022: -52.17%Net margin, FY2023: 278.74%Net margin, FY2024: 125.08%Net margin, FY2025: -28.33%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 100.00%. Gross margin FY2023 123.43%. Gross margin FY2024 103.23%. Gross margin FY2025 83.02%. Operating margin FY2023 219.19%. Operating margin FY2024 114.99%. Operating margin FY2025 43.59%. Net margin FY2021 78.09%. Net margin FY2022 -52.17%. Net margin FY2023 278.74%. Net margin FY2024 125.08%. Net margin FY2025 -28.33%.

Income trends

Revenue

145.28M USD+310.81M USD

Operating income

63.33M USD+253.67M USD

Net income

−41.15M USD+80.12%
Income trends across reported periods180.52M USD39.58M USD−101.35M USD−242.28M USDRevenue, FY2021: 87.54M USDRevenue, FY2022: 78.26M USDRevenue, FY2023: −22.67M USDRevenue, FY2024: −165.53M USDRevenue, FY2025: 145.28M USDOperating income, FY2023: −49.7M USDOperating income, FY2024: −190.34M USDOperating income, FY2025: 63.33M USDNet income, FY2021: 68.35M USDNet income, FY2022: −40.83M USDNet income, FY2023: −63.2M USDNet income, FY2024: −207.05M USDNet income, FY2025: −41.15M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 87.54M USD. Revenue FY2022 78.26M USD. Revenue FY2023 −22.67M USD. Revenue FY2024 −165.53M USD. Revenue FY2025 145.28M USD. Operating income FY2023 −49.7M USD. Operating income FY2024 −190.34M USD. Operating income FY2025 63.33M USD. Net income FY2021 68.35M USD. Net income FY2022 −40.83M USD. Net income FY2023 −63.2M USD. Net income FY2024 −207.05M USD. Net income FY2025 −41.15M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue145.28M USD−165.53M USD−22.67M USD78.26M USD87.54M USD
Cost of goods sold24.66M USD5.35M USD5.31M USD
Gross profit120.62M USD−170.88M USD−27.99M USD78.26M USD87.54M USD
Selling, general, and administrative19.86M USD19.46M USD21.71M USD20.23M USD21.46M USD
Operating expenses57.29M USD19.46M USD21.71M USD78.26M USD87.54M USD
Interest income131.73M USD185.55M USD263.74M USD210.85M USD198.29M USD
Interest expense97.88M USD149.67M USD181.74M USD126.13M USD105.58M USD
Depreciation and amortization6.51M USD3.49M USD16.56M USD
Operating income63.33M USD−190.34M USD−49.7M USD
Net income−41.15M USD−207.05M USD−63.2M USD−40.83M USD68.35M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
-51.76%
11 comparable reports
Latest EPS result
-0.79
Estimate -0.39 · Miss by 102.58%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.05-0.75-1.44-2.13Q1 '25MissQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual -1.98, estimate -0.73, surprise -171.23%, Miss. Q2 2025, reported May 6, 2025: actual -0.57, estimate -0.73, surprise +21.92%, Beat. Q3 2025, reported Aug 5, 2025: actual -0.94, estimate -0.505, surprise -86.23%, Miss. Q4 2025, reported Nov 5, 2025: actual -0.4, estimate -0.145, surprise -175.60%, Miss. Q1 2026, reported Feb 11, 2026: actual -0.06, estimate -0.16, surprise +62.50%, Beat. Q2 2026, reported May 5, 2026: actual -0.06, estimate -0.19, surprise +68.42%, Beat. Q3 2026, reported Aug 5, 2026: actual -0.79, estimate -0.39, surprise -102.58%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate -0.386, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates40.09M28.08M16.07M4.06MQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 9.47M USD, estimate 9.71M USD, surprise -2.44%, Miss. Q2 2025, reported May 6, 2025: actual 10.1M USD, estimate 8.73M USD, surprise +15.77%, Beat. Q3 2025, reported Aug 5, 2025: actual 37.48M USD, estimate 9.46M USD, surprise +295.98%, Beat. Q4 2025, reported Nov 5, 2025: actual 33.72M USD, estimate 10.22M USD, surprise +229.95%, Beat. Q1 2026, reported Feb 11, 2026: actual 7.47M USD, estimate 10.22M USD, surprise -26.94%, Miss. Q2 2026, reported May 5, 2026: actual 8.02M USD, estimate 7.4M USD, surprise +8.35%, Beat. Q3 2026, reported Aug 5, 2026: actual 4.78M USD, estimate 7.85M USD, surprise -39.08%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 5.9M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$1.38

22.12% upside
Past 12 months12-month forecastHigh $1.50Average $1.38Low $1.25

Rating distribution

12 ratings
Strong buy00%
Buy433%
Hold867%
Sell00%
Strong sell00%

Recent analyst actions

4 institutions
Raymond JamesmaintainOutperform

GPMT news

GPMT peers

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