Granite Point Mortgage Trust Inc. Stock News

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

Granite Point Mortgage Trust (GPMT) delivered earnings and revenue surprises of -188.89% and 8.17%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for

Slash to 11% or 12% incoming. Shares already dipped some, though many investors don't know about the cut yet.

Big unsustainable yield at a premium valuation. This share isn't for investors, it's for suckers. The valuation is at historically high levels. People who keep holding onto shares are not investing.

Similar shares at different valuations are the basis for alpha. The research is so hard, it requires adding dividends or looking at a chart.

We own shares in all three picks. Up to 33% upside to book value. Some peers trade above book value.

These three REITs got much too cheap in October 2022, but they rallied too hard. Take the money and run! Shares are up 33% to 52%. They deserved a rally, but not that much.

We're contrasting two sets of investments where one is demonstrably better than the other. Market prices are not efficient. Sometimes investors leave a nice chunk of change on the table.

Dividend yields: 7.8% to 15%. Dramatic discounts to net asset value. Price to NAV range: .36 to .86.

Granite Point Mortgage had to place more loans on the non-accrual status and record additional loan loss provisions. One of the troubled loans was restructured subsequent to the end of Q3, but GPMT ha

Granite Point Mortgage Trust Inc. (NYSE:GPMT ) Q3 2022 Earnings Conference Call November 9, 2022 11:00 AM ET Company Participants Chris Petta - IR Jack Taylor - President and CEO Steve Alpart - Chief

Granite Point Mortgage Trust (GPMT) delivered earnings and revenue surprises of -19.05% and 17.22%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for Third Quarter 2022 Earnings Release and Conference Call

GPMT owns a portfolio of senior floating-rate commercial real estate mortgage debt. The underlying result for Q2 was okay, but the dividend on the common shares isn't fully covered.

Granite Point Mortgage Trust Inc. (NYSE:GPMT ) Q2 2022 Earnings Conference Call August 9, 2022 11:00 AM ET Company Participants Chris Petta - Investor Relations Jack Taylor - President & Chief Executi