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GPMT-PA

Granite Point Mortgage Trust

GPMT-PA · NYSE · Real Estate
$14.10
▲ $14.10 (0.71%)
$14.10 $14.53 $14.96 $15.39 $14.10 Sep 26 Oct 01 Oct 05
Day range
$14.00 – $14.10
Year range
$13.78 – $21.03
Open
$14.00
Previous close
—
Market cap
$47.99M
Volume (24h)
$230
Volume (52w)
$3.24K
Performance
7D
▼ -2.22%
1M
▼ -15.01%
3M
▼ -23.24%
6M
▼ -22.40%
1Y
▼ -30.02%
YTD
▼ -30.61%
3Y
▼ -15.32%
5Y
▼ -43.60%
All-time
▼ -43.60%
Key statistics
P/E ratio
-10.76
EPS (TTM)
$-1.31
Dividend yield
12.41%
Dividend (TTM)
$1.75
Payout ratio
—
Shares outstanding
3.4M
About Granite Point Mortgage Trust

Granite Point Mortgage Trust Inc. functions as a real estate investment trust (REIT) primarily involved in the origination, investment, and management of senior floating-rate commercial mortgage loans. Beyond these loans, the company also engages with various other debt and debt-like instruments tied to commercial real estate throughout the United States. Its primary service involves providing intermediate-term, transitional capital for diverse objectives, such as property acquisitions, financial recapitalizations, and existing loan refinancing. This funding is crucial for supporting a range of commercial property initiatives, including enhancing occupancy through lease-up, executing renovations, repositioning assets, or repurposing properties entirely. As of December 31, 2021, the firm's investment portfolio comprised 105 commercial real estate loan holdings. Granite Point Mortgage Trust Inc. was established in 2015 and maintains its corporate headquarters in New York, New York.

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Country: United States of America
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