Granite Point Mortgage Trust Inc [GPMT] stock is trading at $2.33, down -2.92%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GPMT shares have gain 0.87% over the last week, with a monthly amount glided 30.90%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Granite Point Mortgage Trust Inc [NYSE: GPMT] stock has seen the most recent analyst activity on December 10, 2024, when Keefe Bruyette upgraded its rating to a Mkt Perform and also boosted its price target to $3.25 from $3. Previously, JMP Securities downgraded its rating to Mkt Perform on February 20, 2024. On December 06, 2023, UBS initiated with a Buy rating and assigned a price target of $6.50 on the stock. Keefe Bruyette downgraded its rating to a Underperform but stick to its price target of $6 on December 15, 2022. Credit Suisse upgraded its rating to a Outperform and raised its price target to $15 on May 14, 2021. JMP Securities upgraded its rating to Mkt Outperform for this stock on March 26, 2020, but kept the price target unchanged to $10. In a note dated January 08, 2020, Credit Suisse initiated an Neutral rating and provided a target price of $18 on this stock.
Granite Point Mortgage Trust Inc [GPMT] stock has fluctuated between $1.61 and $3.66 over the past year. Currently, Wall Street analysts expect the stock to reach $6.25 within the next 12 months. Granite Point Mortgage Trust Inc [NYSE: GPMT] shares were valued at $2.33 at the most recent close of the market. An investor can expect a potential return of 168.24% based on the average GPMT price forecast.
Analyzing the GPMT fundamentals
Granite Point Mortgage Trust Inc [NYSE:GPMT] reported sales of 177.85M for the trailing twelve months, which represents a drop of -30.85%. Gross Profit Margin for this corporation currently stands at 1.0%, Pretax Profit Margin comes in at -3.71%, and Net Profit Margin reading is -3.71%. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.42.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 0.63, the price to book ratio is 0.19.
Transactions by insiders
Recent insider trading involved Halter Patrick Gregory, Director, that happened on May 15 ’25 when 29000.0 shares were purchased. Director, Nikolic Lazar completed a deal on Mar 04 ’25 to buy 500.0 shares. Meanwhile, Director Nikolic Lazar bought 1126.0 shares on Feb 26 ’25.
