Granite Point Mortgage Trust Inc.

Granite Point Mortgage Trust Inc.verified

GPMT

Price:

$2.79

Market Cap:

$141.41M

Granite Point Mortgage Trust Inc., a real estate investment trust, originates, invests in, and manages senior floating-rate commercial mortgage loans, and other debt and debt-like commercial real estate investments in the United States. The company provides intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, including lease-up, renovation, repositioning, and repurposing of the commercial property. As of December 31, 2021, its investment portfolio includes 105 commercial real estate loan investments. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered i...[Read more]

Industry

REIT - Mortgage

IPO Date

2017-06-26

Stock Exchange

NYSE

Ticker

GPMT

The ROE as of September 2024 (TTM) for Granite Point Mortgage Trust Inc. (GPMT) is -21.78%

According to Granite Point Mortgage Trust Inc.’s latest financial reports and current stock price. The company's current ROE is -21.78%. This represents a change of 279.74% compared to the average of -5.74% of the last 4 quarters.

Granite Point Mortgage Trust Inc. (GPMT) Historical ROE (quarterly & annually)

How has GPMT ROE performed in the past?

The mean historical ROE of Granite Point Mortgage Trust Inc. over the last ten years is 2.22%. The current -21.78% ROE has changed -1082.70% with respect to the historical average. Over the past ten years (40 quarters), GPMT's ROE was at its highest in in the March 2017 quarter at 3.05%. The ROE was at its lowest in in the March 2024 quarter at -9.63%.

Quarterly (TTM)
Annual

Average

2.22%

Median

6.43%

Minimum

-7.55%

Maximum

8.26%

Granite Point Mortgage Trust Inc. (GPMT) ROE by Quarter and Year

Discovering the peaks and valleys of Granite Point Mortgage Trust Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 29.05%

Maximum Annual ROE = 8.26%

Minimum Annual Increase = -255.81%

Minimum Annual ROE = -7.55%

Quarterly (TTM)
Annual
YearROEChange
2023-7.55%81.93%
2022-4.15%-161.52%
20216.75%-255.81%
2020-4.33%-162.85%
20196.89%-9.61%
20187.62%18.48%
20176.43%-22.13%
20168.26%29.05%

Granite Point Mortgage Trust Inc. (GPMT) Average ROE

How has GPMT ROE performed in the past?

The current ROE of Granite Point Mortgage Trust Inc. (GPMT) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

-1.65%

5-year avg

-0.48%

10-year avg

2.22%

Granite Point Mortgage Trust Inc. (GPMT) ROE vs. Peers

How is GPMT’s ROE compared to its peers?

Granite Point Mortgage Trust Inc.’s ROE is less than MFA Financial, Inc. (5.24%), less than Angel Oak Mortgage, Inc. (19.65%), less than Two Harbors Investment Corp. (5.55%), less than PennyMac Mortgage Investment Trust (9.60%), less than Chimera Investment Corporation (8.47%), greater than ARMOUR Residential REIT, Inc. (-9.22%), greater than Orchid Island Capital, Inc. (-7.74%), greater than Invesco Mortgage Capital Inc. (-3.28%), greater than New York Mortgage Trust, Inc. (-8.34%), greater than Western Asset Mortgage Capital Corporation (-3.22%), less than Ellington Residential Mortgage REIT (3.10%), less than Arlington Asset Investment Corp. (0.20%), less than Ready Capital Corporation (0%), greater than null (-2.41%),

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