Granite Point Mortgage Trust Inc. Stock News

New Preferred Stock IPOs, November 2021

Granite Point's net interest income has been a bit disappointing this year due to an expensive senior secured term loan. GPMT is now issuing preferred equity with a cost of capital of 7% to retire deb

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Pricing of Public Offering of 7.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Launch of Public Offering of Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

Nuveen Asset Management LLC grew its holdings in Granite Point Mortgage Trust Inc. (NYSE:GPMT) by 9.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 276,195 shares of the companys stock after acquiring an additional 23,260 shares during the quarter. Nuveen Asset Management []

Granite Point Mortgage Trust Inc. Announces Closing of $621 Million Commercial Real Estate CLO

Shares of Granite Point Mortgage Trust Inc. (NYSE:GPMT) have earned a consensus rating of Hold from the six ratings firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have given a buy recommendation to the company. []

Granite Point Mortgage Trust's (GPMT) CEO Jack Taylor on Q3 2021 Results - Earnings Call Transcript

Granite Point Mortgage Trust (GPMT) delivered earnings and revenue surprises of -10.00% and -0.44%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for

6.6% Yield, Share Buybacks: Ladder Capital Remains Cheap

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for Third Quarter 2021 Earnings Release and Conference Call

Like most publicly traded companies, the Q3 earnings results are underway. While mortgage REITs carry high dividend yields, investors need to look much deeper for analysis.

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Cash Settlement of Warrants and Third Quarter 2021 Business Update