as 05-17-2024 4:00pm EST
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.
Founded: | 2015 | Country: | United States |
Employees: | N/A | City: | NEW YORK |
Market Cap: | 185.8M | IPO Year: | 2017 |
Target Price: | $5.75 | AVG Volume (30 days): | 425.2K |
Analyst Decision: | Buy | Number of Analysts: | 4 |
Dividend Yield: | 21.99% | Dividend Payout Frequency: | Quarterly |
EPS: | -2.31 | EPS Growth: | N/A |
52 Week Low/High: | $3.29 - $6.41 | Next Earning Date: | 05-07-2024 |
Revenue: | N/A | Revenue Growth: | N/A |
Revenue Growth (this year): | N/A | Revenue Growth (next year): | 15.50% |
GPMT Breaking Stock News: Dive into GPMT Ticker-Specific Updates for Smart Investing
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