Granite Point Mortgage TrustGPMT
About: 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 property.
Employees: 33
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
1.44% more ownership
Funds ownership: 46.05% [Q3] → 47.49% (+1.44%) [Q4]
3% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 36
5% less funds holding
Funds holding: 126 [Q3] → 120 (-6) [Q4]
10% less capital invested
Capital invested by funds: $74M [Q3] → $66.3M (-$7.73M) [Q4]
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
48% less call options, than puts
Call options by funds: $88K | Put options by funds: $170K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
UBS Douglas Harter 62% 1-year accuracy 18 / 29 met price target | 27%upside $3.50 | Buy Maintained | 25 Feb 2025 |
Financial journalist opinion
Based on 6 articles about GPMT published over the past 30 days
