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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/10/2024 | $3.00 → $3.25 | Underperform → Mkt Perform | Keefe Bruyette |
| 2/20/2024 | Mkt Outperform → Mkt Perform | JMP Securities | |
| 12/6/2023 | $6.50 | Buy | UBS |
| 12/15/2022 | $6.00 | Mkt Perform → Underperform | Keefe Bruyette |
| 3/1/2022 | $15.00 → $14.00 | Outperform | Credit Suisse |
Granite Point Mortgage Trust Inc. (NYSE:GPMT) ("GPMT," "Granite Point" or the "Company") today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.05 per share of common stock for the second quarter of 2025. This dividend is payable on July 15, 2025, to holders of record of common stock at the close of business on July 1, 2025. The Company's Board of Directors also declared a quarterly cash dividend of $0.4375 per share of the 7.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the second quarter of 2025. This dividend is payable on July 15, 2025, to the holders of record of the Series A Preferred Stock at the close of busin
Granite Point Mortgage Trust Inc. (NYSE:GPMT) ("GPMT," "Granite Point" or the "Company") today announced its financial results for the quarter ended March 31, 2025, and provided an update on its activities subsequent to quarter-end. An earnings supplemental containing first quarter 2025 financial results can be viewed at www.gpmtreit.com. "We started 2025 on a strong note and made significant progress in achieving our objectives," said Jack Taylor, President and Chief Executive Officer of GPMT. "So far this year, we have resolved three risk-rated 5 loans, with a fourth closing imminently, totaling approximately $230 million, leaving three remaining. We also received four full loan repaymen
Granite Point Mortgage Trust Inc. (NYSE:GPMT) ("GPMT," "Granite Point" or the "Company") today announced that it will release financial results for the quarter ended March 31, 2025, after market close on May 6, 2025. The Company will host a conference call to review the financial results on May 7, 2025, at 11:00 a.m. ET. Business Update and Preliminary Estimates for First Quarter 2025 As of April 28,2025, carried approximately $74 million in unrestricted cash. Extended the maturities of all repurchase facilities by approximately one year. Year-to-date, realized over $70 million in full and partial principal repayments, including the full repayment of an office loan. Anticipates near