Granite Point Mortgage Trust Inc. (GPMT) AI Stock Analysis

Granite Point Mortgage Trust Inc. is a New York-based real estate investment trust that originates, invests in, and manages senior floating-rate commercial mortgage loans and related debt instruments across the United States. It provides intermediate-term bridge and transitional financing for commercial real estate transactions such as acquisitions, recapitalizations, and refinancings. Its financing supports property business plans including lease-up, renovation, repositioning, and repurposing. As of December 31, 2021, the company's investment portfolio consisted of 105 commercial real estate loan investments.

Annual revenue fluctuated significantly from $87.5M in FY2021 to $78.3M in FY2022, -$22.7M in FY2023, -$165.5M in FY2024, and $145.3M in FY2025. Over the five years from FY2020 to FY2025, revenue achieved a compound annual growth rate of 6.7%. Net income remained negative in recent years, standing at -$41.2M in FY2025 with an operating margin of 43.6%. For the trailing twelve months ending June 30, 2026, revenue was -$29.0M and EPS was -$20.00. In the quarter ended June 30, 2026, quarterly revenue grew 92.8% year-over-year, while quarterly earnings growth dropped 95.8%.

As of June 30, 2026, Granite Point Mortgage Trust had $58.5M in cash and short-term investments, $953.0M in total debt, and a current ratio of 0.35. Total assets stood at $1.46B, with shareholders' equity of $480.3M and a debt-to-equity ratio of 1.98. In FY2025, operating cash flow and free cash flow were both $2.7M. The company directed capital toward $5.7M in share buybacks and $24.8M in dividends paid during FY2025.

Granite Point Mortgage Trust has a market capitalization of $24.5M and an enterprise value of $919.3M. The stock trades at a forward P/E of 47.6x, compared to the median of 23.5x for its US-listed Real Estate peers. Its price-to-sales multiple is 5.9x versus the peer median of 3.7x, while its EV/EBITDA is 13.5x versus 14.7x for peers. Over the past year, GPMT shares declined 78.7%, while the S&P 500 (SPY) returned 16.8%. Over five years, the stock dropped 93.5% compared to an 83.0% gain for SPY.

Granite Point Mortgage Trust pays a quarterly dividend with an annualized forward rate of $0.40, translating to a dividend yield of 7.87%. The company has paid dividends for 10 consecutive years. However, its dividend growth rate has declined at an annualized rate of -21.0% over the past 5 years. Its most recent ex-dividend date was October 1, 2026.

Four analysts follow GPMT, all of whom issue a Hold rating. The mean price target is $11.50, representing 126.4% upside relative to the last closing price of $5.08. For the current fiscal year ending December 31, 2026, consensus estimates anticipate revenue of $25.8M and an EPS of -$15.23. For the following fiscal year, analysts project revenue of $28.3M and an EPS of -$6.89. The company beat EPS estimates in 2 of the last 4 quarters, with its next earnings release scheduled for November 4, 2026.

This page is an AI-written research summary of Granite Point Mortgage Trust Inc. (GPMT). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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