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Ticker Symbol: GPMT-A

Granite Point Mortgage Trust Inc - FXDFR PRF PERPETUAL USD 25 - Ser A

Exchange: NEW YORK STOCK EXCHANGE INC. Country: US Currency: USD Asset Type: Preferred Stock CIK:0001703644

Company Profile

granite point mortgage trust inc. is a maryland corporation that focuses primarily on directly originating, investing in and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments. we are a long-term, fundamental value-oriented investor. we construct our investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting, selectivity and diversification, and assess each investment from a fundamental value perspective relative to other opportunities available in the market. our primary target investments are directly originated floating-rate performing senior commercial real estate loans, typically with terms of three to five years, usually ranging in size from $25 million to $150 million. we typically provide intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancings and a range of business plans, including lease-up, renovation,

Sector: Real Estate and Rental and Leasing
Industry: Residential Property Managers
Standard Industrial Classification Code (SIC code): 6798
Address: 3 Bryant Park
CEO: John Taylor
Tags: N/A

Pricing

Last Updated: October 3, 2023 03:00 PM EST
Previous Close: $16.50
Change: -$0.25 ( -1.49%)
Days Range: $16.39 - $16.75
Beta: 0.36
52wk. High: $18.23
52wk. Low: $14.83
Ytd. Change 4.08%
50 Day Moving Average: $16.57
200 Day Moving Average: $16.29
Shares Outstanding: 51577841

Valuation

Market Cap: 23.5B
PE Ratio: -11.46
EPS (TTM): -1.44

Dividends

Dividend Per Share (TTM): $1.68
Dividend Yield (TTM): 10.47%
Ex-Dividend Date: September 29, 2023