Granite Point Mortgage Trust: Office Distress Continues, Are The Preferreds Safe [Seeking Alpha]
Granite Point Mortgage Trust Inc. (GPMT)
Last granite point mortgage trust inc. earnings: 3/2 04:56 pm
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US:NYSE Investor Relations:
investors.gpmortgagetrust.com
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Source: Seeking Alpha
Follow Summary Granite Point Mortgage Trust has shed 50% over the last year due to the extreme discombobulation of its loan portfolio. Book value per share dipped by 11.7% sequentially during the mREIT's fiscal 2024 second quarter. The dividend has been cut by nearly 70%. It should have been suspended to fund share buybacks with the mREIT currently trading at a 74% discount to book value. pastorscott Granite Point Mortgage Trust ( NYSE: GPMT ) is down roughly 50% over the last 1 year as the mortgage REIT's book value maintains a decline led by distressed loans collateralized by US office real estate. The mREIT reported a fiscal 2024 Recommended For You About GPMT Stock Related Stocks Trending Analysis Trending News
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GPMT
News
- Granite Point Mortgage Trust Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Granite Point Mortgage Trust Inc (GPMT) Q3 2024 Earnings Call Highlights: Navigating Challenges ... [Yahoo! Finance]Yahoo! Finance
- Granite Point Mortgage Trust (GPMT) Reports Q3 Loss, Tops Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Granite Point Mortgage Trust Inc. Reports Third Quarter 2024 Financial Results and Post Quarter-End Update [Yahoo! Finance]Yahoo! Finance
- Granite Point Mortgage Trust Inc. Reports Third Quarter 2024 Financial Results and Post Quarter-End UpdateBusiness Wire
GPMT
Earnings
- 11/6/24 - Beat
GPMT
Sec Filings
- 11/6/24 - Form 10-Q
- 11/6/24 - Form 8-K
- 10/31/24 - Form 8-K
- GPMT's page on the SEC website