Granite Point Mortgage Trust - GPMT Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $12.00
  • Forecasted Upside: 57.48 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$7.62
▼ -0.48 (-5.93%)

This chart shows the closing price for GPMT by one month, three months, or twelve months.

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Analyst Price Target for GPMT

Analyst Price Target is $12.00
▲ +57.48% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Granite Point Mortgage Trust in the last 3 months. The average price target is $12.00, with a high forecast of $12.00 and a low forecast of $12.00. The average price target represents a 57.48% upside from the last price of $7.62.

This chart shows the closing price for GPMT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 polled investment analysts is to buy stock in Granite Point Mortgage Trust. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/4/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/3/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/1/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/30/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/30/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/28/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/27/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/26/2022

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/15/2022JMP SecuritiesLower TargetMarket Outperform$13.00 ➝ $12.00Low
7/22/2022Credit Suisse GroupLower Target$12.00Low
6/17/2022JMP SecuritiesLower TargetMarket Outperform$15.00 ➝ $13.00High
5/20/2022Credit Suisse GroupLower Target$13.00High
3/28/2022JMP SecuritiesReiterated RatingBuy$15.00Low
3/1/2022Credit Suisse GroupLower TargetOutperform$15.00 ➝ $14.00High
12/23/2021JMP SecuritiesReiterated RatingBuy$15.00Low
10/12/2021JMP SecuritiesReiterated RatingBuy$15.00Low
5/18/2021Raymond JamesBoost TargetOutperform$13.50 ➝ $16.00Low
5/14/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$12.00 ➝ $15.00High
5/7/2021JMP SecuritiesBoost TargetOutperform$13.00 ➝ $14.00Low
4/26/2021JPMorgan Chase & Co.Boost TargetNeutral$10.00 ➝ $12.00Medium
3/17/2021Credit Suisse GroupBoost TargetNeutral$10.50 ➝ $12.00Medium
3/9/2021Raymond JamesBoost TargetOutperform$11.00 ➝ $13.50Low
11/12/2020Raymond JamesBoost TargetOutperform$9.50 ➝ $11.00Medium
9/29/2020Raymond JamesReiterated RatingBuy$9.50High
8/12/2020Raymond JamesBoost TargetOutperform$9.00 ➝ $9.50High
4/27/2020Credit Suisse GroupLower TargetNeutral$18.00 ➝ $7.00Medium
4/13/2020Raymond JamesLower TargetOutperform$19.50 ➝ $9.00High
3/26/2020CitigroupLower TargetNeutral$16.00 ➝ $2.50High
3/26/2020JMP SecuritiesUpgradeMarket Perform ➝ Outperform$10.00High
3/4/2020Raymond JamesLower TargetOutperform$20.50 ➝ $19.50High
1/8/2020Credit Suisse GroupInitiated CoverageNeutral$18.00Low
1/2/2020JMP SecuritiesDowngradeOutperform ➝ Market PerformHigh
8/13/2019Raymond JamesDowngradeStrong-Buy ➝ Outperform$21.00 ➝ $20.50High
1/16/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$19.50Low
10/24/2018JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$19.00 ➝ $19.50Medium
10/8/2018BTIG ResearchInitiated CoverageNeutral ➝ NeutralLow
8/7/2018Compass PointReiterated RatingBuy$20.00Low
7/30/2018Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market PerformLow
7/23/2018JPMorgan Chase & Co.Boost TargetOverweight ➝ $18.48$18.00 ➝ $19.00Low
3/27/2018Raymond JamesInitiated CoverageStrong-Buy$21.00Low
3/27/2018CitigroupInitiated CoverageNeutral$19.00Low
12/7/2017Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ OutperformLow
11/8/2017Bank of AmericaLower TargetNeutral$19.50 ➝ $18.00N/A
10/27/2017Compass PointInitiated CoverageBuy$19.50N/A
10/12/2017Keefe, Bruyette & WoodsReiterated RatingHold$19.50N/A
(Data available from 9/26/2017 forward)

News Sentiment Rating

1.48 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 6 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/28/2022
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/30/2022
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/29/2022
  • 8 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/29/2022
  • 4 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/28/2022
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/28/2022
  • 5 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/27/2022
  • 6 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/26/2022

Current Sentiment

  • 6 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

  • No positive mentions tracked during this time.
Granite Point Mortgage Trust logo
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. As of December 31, 2021, its investment portfolio includes 105 commercial real estate loan investments. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York.
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Today's Range

Now: $7.62
Low: $7.41
High: $8.07

50 Day Range

MA: $9.64
Low: $7.62
High: $10.72

52 Week Range

Now: $7.62
Low: $7.41
High: $14.10

Volume

830,619 shs

Average Volume

354,936 shs

Market Capitalization

$398.91 million

P/E Ratio

50.80

Dividend Yield

12.35%

Beta

1.38

Frequently Asked Questions

What sell-side analysts currently cover shares of Granite Point Mortgage Trust?

The following Wall Street research analysts have issued stock ratings on Granite Point Mortgage Trust in the last twelve months: Credit Suisse Group AG, JMP Securities, and TheStreet.
View the latest analyst ratings for GPMT.

What is the current price target for Granite Point Mortgage Trust?

2 Wall Street analysts have set twelve-month price targets for Granite Point Mortgage Trust in the last year. Their average twelve-month price target is $12.00, suggesting a possible upside of 55.2%. JMP Securities has the highest price target set, predicting GPMT will reach $12.00 in the next twelve months. JMP Securities has the lowest price target set, forecasting a price of $12.00 for Granite Point Mortgage Trust in the next year.
View the latest price targets for GPMT.

What is the current consensus analyst rating for Granite Point Mortgage Trust?

Granite Point Mortgage Trust currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe GPMT will outperform the market and that investors should add to their positions of Granite Point Mortgage Trust.
View the latest ratings for GPMT.

What other companies compete with Granite Point Mortgage Trust?

How do I contact Granite Point Mortgage Trust's investor relations team?

Granite Point Mortgage Trust's physical mailing address is 3 Bryant Park Suite 2400A, NEW YORK NY, 10036. The company's listed phone number is (212) 364-5500 and its investor relations email address is [email protected] The official website for Granite Point Mortgage Trust is www.gpmortgagetrust.com. Learn More about contacing Granite Point Mortgage Trust investor relations.