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Granite Point Mortgage Trust Inc focuses on directly originating, investing in, and managing senior floating rate commercial mortgage loans and other debt and debt-like commercial real estate investments. The company constructs its investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting, selectivity, and diversification, and assesses each investment from a fundamental value perspective relative to other opportunities available in the market. It typically provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancing, and a range of business plans, including lease-up, renovation, repositioning and repurposing of the commercial property.
Granite Point Mortgage Trust trades on the NYSE stock market under the symbol GPMT.
As of June 25, 2026, GPMT stock price climbed to $1.36 with 166,025 million shares trading.
GPMT has a beta of 1.68, meaning it tends to be more sensitive to market movements. GPMT has a correlation of 0.20 to the broad based SPY ETF.
GPMT has a market cap of $65.17 million. This is considered a Micro Cap stock.
Last quarter Granite Point Mortgage Trust reported $8 million in Revenue and -$.07 earnings per share. This beat revenue expectation by $618,000 and exceeded earnings estimates by $.14.
In the last 3 years, GPMT traded as high as $6.41 and as low as $1.24.
The top ETF exchange traded funds that GPMT belongs to (by Net Assets): VTI, VXF, SCHA, ITOT, IWC.
GPMT has underperformed the market in the last year with a price return of -42.0% while the SPY ETF gained +22.3%. GPMT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.1% and -5.6%, respectively, while the SPY returned +12.7% and +1.5%, respectively.
GPMT support price is $1.29 and resistance is $1.39 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GPMT shares will trade within this expected range on the day.
