Granite Point Mortgage Trust Inc
General ticker "GPMT" information:
- Sector: Financials
- Industry: Mortgage Real Estate Investment Trusts (REITs)
- Capitalization: $168.4M
Granite Point Mortgage Trust Inc does not follow the US Stock Market performance with the rate: -25.9%.
Estimated limits based on current volatility of 3.1%: low 2.96$, high 3.15$
Factors to consider:
- Company pays dividends: last record date 2024-10-01, amount 0.05$ (Y6.83%)
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [2.99$, 5.45$]
- 2024-12-30 to 2025-12-30 estimated range: [3.40$, 5.87$]
Financial Metrics affecting the GPMT estimates:
- Positive: 0.10 < Non-GAAP EPS, $ of 0.64
- Negative: negative Net income
- Positive: Operating cash flow per share per price, % of 17.62 > 12.76
- Negative: Interest expense per share, $ of 3.52 > 0.74
- Positive: Operating profit margin, % of 45.74 > 19.51
- Positive: Industry inventory ratio change (median), % of -0.13 <= 0
- Positive: Industry operating cash flow per share per price (median), % of 16.39 > 10.07
Short-term GPMT quotes
Long-term GPMT plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $87.53MM | $191.28MM | $266.49MM |
| Operating Expenses | $18.99MM | $231.71MM | $144.60MM |
| Operating Income | $68.55MM | $-40.42MM | $121.89MM |
| Non-Operating Income | $0.00MM | $-0.38MM | $-184.99MM |
| Interest Expense | $105.58MM | $126.13MM | $181.74MM |
| R&D Expense | $0.00MM | $0.00MM | $0.00MM |
| Income(Loss) | $68.55MM | $-40.81MM | $-63.10MM |
| Taxes | $0.19MM | $0.02MM | $0.10MM |
| Profit(Loss) | $68.35MM | $-40.83MM | $-63.20MM |
| Stockholders Equity | $1,013.06MM | $983.54MM | $858.90MM |
| Inventory | $0.00MM | $0.00MM | $0.00MM |
| Assets | $3,988.52MM | $3,454.10MM | $2,846.93MM |
| Operating Cash Flow | $60.30MM | $58.90MM | $52.10MM |
| Investing Cash Flow | $139.77MM | $408.63MM | $561.43MM |
| Financing Cash Flow | $-324.97MM | $-531.66MM | $-554.47MM |
| Earnings Per Share* | $1.24 | $-0.77 | $-1.50 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.