Granite Point Mortgage Trust (GPMT) Projected to Post Quarterly Earnings on Wednesday

Granite Point Mortgage Trust (NYSE:GPMT) will likely be issuing its Q3 2025 results after the market closes on Wednesday, November 5th. Analysts expect the company to announce earnings of ($0.3297) per share and revenue of $9.4260 million for the quarter. Parties may visit the the company’s upcoming Q3 2025 earningresults page for the latest details on the call scheduled for Thursday, November 6, 2025 at 11:00 AM ET.

Granite Point Mortgage Trust (NYSE:GPMT) last announced its quarterly earnings data on Wednesday, May 25th. The company reported $0.38 earnings per share (EPS) for the quarter. Granite Point Mortgage Trust had a negative net margin of 59.38% and a negative return on equity of 26.91%. The company had revenue of $27.77 million during the quarter.

Granite Point Mortgage Trust Stock Down 3.4%

NYSE:GPMT opened at $2.74 on Wednesday. The company has a fifty day moving average of $2.87 and a 200 day moving average of $2.56. Granite Point Mortgage Trust has a 52 week low of $1.61 and a 52 week high of $3.66. The firm has a market capitalization of $129.64 million, a P/E ratio of -1.29 and a beta of 1.89.

Granite Point Mortgage Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Wednesday, October 1st were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 7.3%. The ex-dividend date was Wednesday, October 1st. Granite Point Mortgage Trust’s dividend payout ratio is currently -9.43%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Keefe, Bruyette & Woods upped their price target on shares of Granite Point Mortgage Trust from $2.25 to $2.75 and gave the company a “market perform” rating in a report on Thursday, July 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Granite Point Mortgage Trust in a report on Wednesday, October 8th. Wall Street Zen lowered shares of Granite Point Mortgage Trust from a “hold” rating to a “sell” rating in a report on Saturday, October 11th. Compass Point set a $3.00 price target on shares of Granite Point Mortgage Trust in a report on Thursday, October 9th. Finally, UBS Group upped their price target on shares of Granite Point Mortgage Trust from $3.25 to $3.50 and gave the company a “buy” rating in a report on Wednesday, August 20th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Granite Point Mortgage Trust presently has a consensus rating of “Hold” and a consensus price target of $3.08.

Insider Buying and Selling

In related news, Director Lazar Nikolic acquired 3,000 shares of the firm’s stock in a transaction on Wednesday, August 13th. The stock was acquired at an average cost of $19.61 per share, for a total transaction of $58,830.00. Following the acquisition, the director owned 4,193 shares of the company’s stock, valued at $82,224.73. This trade represents a 251.47% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 3.10% of the company’s stock.

Institutional Trading of Granite Point Mortgage Trust

A number of hedge funds and other institutional investors have recently modified their holdings of the business. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Granite Point Mortgage Trust in the 2nd quarter worth about $28,000. Hudson Bay Capital Management LP purchased a new stake in shares of Granite Point Mortgage Trust in the 2nd quarter worth about $31,000. Tower Research Capital LLC TRC grew its position in shares of Granite Point Mortgage Trust by 435.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 26,989 shares of the company’s stock worth $67,000 after buying an additional 21,948 shares during the period. Brevan Howard Capital Management LP purchased a new stake in shares of Granite Point Mortgage Trust in the 2nd quarter worth about $230,000. Finally, Bank of America Corp DE grew its position in shares of Granite Point Mortgage Trust by 72.7% in the 2nd quarter. Bank of America Corp DE now owns 50,059 shares of the company’s stock worth $124,000 after buying an additional 21,070 shares during the period. 51.63% of the stock is owned by hedge funds and other institutional investors.

About Granite Point Mortgage Trust

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.