Granite Point Mortgage Trust Inc. Stock News

Rising interest rates pose challenges for many REITs by impacting debt rollovers and investor alternatives. Higher rates will add around $2 billion to the national debt over the next decade. Even more

Granite Point Mortgage Trust (GPMT) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.22 per share a year ag

Granite Point Mortgage Trust is a mortgage REIT that provides capital for real estate projects. The company has experienced a decline in its stock price due to higher rates and the worst commercial ma

Quite a few REITs recently cut their dividend. But many are also expected to hike their dividend later this year. We highlight 5 REITs that we expect to soon hike their dividend.

Some REITs yield as much as 15 to 20%. Such high dividend yields are rarely sustainable. We highlight 3 REITs that will likely cut their dividend.

I issued a controversial SELL rating on GPMT back in February and the stock has dropped by 30% since then. At this lower price and post Q1 earnings which were fine, I'm ready to switch to a BUY.

Granite Point Mortgage Trust (GPMT) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.05 per share a year ag

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2023 Earnings Release and Conference Call.

Real estate investment trusts have been among the worst 12-month performers as the Fed took interest rates higher and as the banking industry adjusted to difficulties.

Almost $1.5 trillion of U.S. commercial real estate debt comes due for repayment before the end of 2025. Most REITs are in good shape in terms of their balance sheets, but we are beginning to see more

The massive beatdown in mortgage REITs and BDCs triggered a wave of upgrades. It was quite a while since we had so many bullish outlooks for the sector.

Jerome Powell swings a wrecking ball into the markets. Even assets that would normally benefit from higher rates are down because of economic risk.

Over the last decade, our team has had a good batting average when it comes to avoiding sucker yield stocks. However, nobody is perfect when it comes to predicting dividend cuts.

Office heavy mortgage REITs have come under a lot of pressure in 2022. Granite Point is no different and although it already cut its dividend by 20% in Q4, I see another large cut on the horizon.

Granite Point Mortgage Trust Inc. (NYSE:GPMT ) Q4 2022 Earnings Conference Call February 24, 2023 11:00 AM ET Company Participants Chris Petta - IR Jack Taylor - President and CEO Steve Alpart - Chief