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Granite Point Mortgage (DE:G18)
FRANKFURT:G18
RESEARCH TOOLSreports
Holding DE:G18?
Track your performance easily
G18 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€2.16 - €5.80
Previous Close€2.72
Volume0.00
Average Volume (3M)965.00
Market Cap
€141.50M
Enterprise Value€140.96M
Total Cash (Recent Filing)$85.92M
Total Debt (Recent Filing)$85.19M
Price to Earnings (P/E)―
Beta0.79
Next Earnings
Nov 05, 2024EPS Estimate
-€0.48Next Dividend Ex-Date
Oct 01, 2024Dividend Yield19.11%
Share Statistics
EPS (TTM)N/A
Shares Outstanding50,684,117
10 Day Avg. Volume250
30 Day Avg. Volume965
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)0.20
Price to Sales (P/S)2.79
Price to Cash Flow (P/CF)40.30
P/FCF Ratio1.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.00
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda2.57
Forecast
1Y Price Target
€2.81Price Target Upside3.30% Upside
Rating ConsensusHold
Number of Analyst Covering3
Granite Point Mortgage News
PremiumCompany Announcements
Granite Point CFO Transition and New Financial Leadership
PremiumPre-Earnings
Is GPMT a Buy, Before Earnings?Bulls Say, Bears Say
Bulls Say
Cash ReservesThe company disclosed that it held unrestricted cash of approximately $110M.
Debt ManagementThe company has resolved or modified four additional loans, with combined UPB of $215M.
Share RepurchaseThe Board increased the share repurchase authorization by 3.0M additional shares.
Bears Say
Book ValueGAAP book value per share decreased to $9.84 from $11.14 at March 31, with the decrease primarily driven by the additional provision for loan losses.
DividendsThe company lowered the quarterly dividend to a new rate of $0.05 per share and distributable earnings did not cover the dividend in this quarter due to realized loan losses.
Financial PerformanceGranite Point reported a GAAP loss of $1.31 per share and a distributable loss of $0.18 per share.
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Options Prices
Currently, No data available
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Ownership Overview
4.47% Insiders
18.33% Mutual Funds
25.14% Other Institutional Investors
52.07% Public Companies and
Individual Investors
G18 FAQ
What was Granite Point Mortgage’s price range in the past 12 months?
Granite Point Mortgage lowest stock price was €2.16 and its highest was €5.80 in the past 12 months.
What is Granite Point Mortgage’s market cap?
Currently, no data Available
When is Granite Point Mortgage’s upcoming earnings report date?
Granite Point Mortgage’s upcoming earnings report date is Nov 05, 2024 which is in 40 days.
How were Granite Point Mortgage’s earnings last quarter?
Granite Point Mortgage released its earnings results on Aug 05, 2024. The company reported -€0.162 earnings per share for the quarter, beating the consensus estimate of -€0.188 by €0.026.
Is Granite Point Mortgage overvalued?
According to Wall Street analysts Granite Point Mortgage’s price is currently Undervalued.
Does Granite Point Mortgage pay dividends?
Granite Point Mortgage pays a Quarterly dividend of €0.05 which represents an annual dividend yield of 19.11%. See more information on Granite Point Mortgage dividends here
What is Granite Point Mortgage’s EPS estimate?
Granite Point Mortgage’s EPS estimate is -€0.48.
How many shares outstanding does Granite Point Mortgage have?
Granite Point Mortgage has 50,684,116 shares outstanding.
What happened to Granite Point Mortgage’s price movement after its last earnings report?
Granite Point Mortgage reported an EPS of -€0.162 in its last earnings report, beating expectations of -€0.188. Following the earnings report the stock price went down -3.306%.
Which hedge fund is a major shareholder of Granite Point Mortgage?
Among the largest hedge funds holding Granite Point Mortgage’s share is Hotchkis & Wiley Capital Management LLC. It holds Granite Point Mortgage’s shares valued at 5M.
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Granite Point Mortgage Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
€2.81 (3.30% Upside)
€2.81 (3.30% Upside)
Blogger Sentiment
Neutral
DE:G18 Sentiment 50%
Sector Average 64%
Sector Average 64%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-31.02%
12-Months-Change
Fundamentals
Return on Equity
-21.24%
Trailing 12-Months
Asset Growth
-23.08%
Trailing 12-Months
Company Description
Granite Point Mortgage
Granite Point Mortgage Trust, Inc. operates as a real estate investment trust. It focuses primarily on directly originating, investing in and managing senior commercial mortgage loans and other debt, such as commercial real estate investments. The company was founded on April 7, 2017 and is headquartered in New York, NY.
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G18 Company Deck
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G18 Earnings Call
Q2 2024
0:00 / 0:00
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G18 Stock 12 Month Forecast
Average Price Target
€2.81
▲(3.30% Upside)
Technical Analysis
Granite Point Mortgage
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Arbor Realty
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Ares Commercial
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Blackstone Mortgage
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Ladder Capital
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Best Analysts Covering G18
1 Year
1 Year Success Rate
8/18 ratings generated profit
1 Year Average Return
+16.76%
reiterated a buy rating 2 months ago
Copying Stephen Laws's trades and holding each position for 1 Year would result in 44.44% of your transactions generating a profit, with an average return of +16.76% per trade.
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