Granite Point Mortgage Trust (GPMT)

• Market cap: $89.4M
• 1 day: -0.57%
• 5 days: -4.95%
• 1 month: -39.72%
• 3 months: -41.75%
• 6 months: -44.55%
• Year to date: -37.99%
• 1 year: -59.58%
• 5 years: -65.26%
• 10 years: -90.89%
• Sector: Real Estate
• Industry: Mortgage REIT

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 disclosures by fund managers ($100M+ AUM)

1.99% more ownership

Funds ownership: 45.5% [Q3] → 47.49% (+1.99%) [Q4]

9% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 35

5% less funds holding

Funds holding: 126 [Q3] → 120 (-6) [Q4]

9% less capital invested

Capital invested by funds: $73.1M [Q3] → $66.3M (-$6.83M) [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

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $2.50 45% upside
• Avg. target: $2.50 45% upside
• High target: $2.50 45% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

UBS Douglas Harter 66% 1-year accuracy 21 / 32 met price target	45% upside $2.50	Buy Maintained	16 Apr 2025
Keefe, Bruyette & Woods Jade Rahmani 35% 1-year accuracy 13 / 37 met price target	45% upside $2.50	Market Perform Maintained	7 Apr 2025