On Tuesday, Granite Point Mortgage Trust Inc (NYSE: GPMT) was 16.28% up from the session before settling in for the closing price of $1.72. A 52-week range for GPMT has been $1.61 – $4.50.
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A company in the Real Estate sector has dropped its sales by -3.01% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 22.49%. With a float of $45.92 million, this company’s outstanding shares have now reached $48.80 million.
In an organization with 33 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 106.3%, operating margin of 36.69%, and the pretax margin is -167.79%.
Granite Point Mortgage Trust Inc (GPMT) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Granite Point Mortgage Trust Inc stocks. The insider ownership of Granite Point Mortgage Trust Inc is 6.00%, while institutional ownership is 53.69%. The most recent insider transaction that took place on Mar 04 ’25, was worth 8,880. In this transaction Director of this company bought 500 shares at a rate of $17.76, taking the stock ownership to the 769 shares. Before that another transaction happened on Feb 26 ’25, when Company’s Director bought 1,126 for $17.71, making the entire transaction worth $19,941. This insider now owns 33,028 shares in total.
Granite Point Mortgage Trust Inc (GPMT) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.61 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 22.49% per share during the next fiscal year.
Granite Point Mortgage Trust Inc (NYSE: GPMT) Trading Performance Indicators
You can see what Granite Point Mortgage Trust Inc (GPMT) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.50. Likewise, its price to free cash flow for the trailing twelve months is 29.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.40, a number that is poised to hit -0.73 in the next quarter and is forecasted to reach -0.45 in one year’s time.
Technical Analysis of Granite Point Mortgage Trust Inc (GPMT)
Let’s dig in a bit further. During the last 5-days, its volume was 0.58 million. That was better than the volume of 0.4 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 48.93%. Additionally, its Average True Range was 0.15.
During the past 100 days, Granite Point Mortgage Trust Inc’s (GPMT) raw stochastic average was set at 20.74%, which indicates a significant decrease from 72.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 120.61% in the past 14 days, which was higher than the 61.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.4600, while its 200-day Moving Average is $2.8500. However, in the short run, Granite Point Mortgage Trust Inc’s stock first resistance to watch stands at $2.1100. Second resistance stands at $2.2100. The third major resistance level sits at $2.4200. If the price goes on to break the first support level at $1.8000, it is likely to go to the next support level at $1.5900. The third support level lies at $1.4900 if the price breaches the second support level.
Granite Point Mortgage Trust Inc (NYSE: GPMT) Key Stats
There are 48,406K outstanding shares of the company, which has a market capitalization of 96.81 million. As of now, sales total 35,880 K while income totals -207,050 K. Its latest quarter income was 7,570 K while its last quarter net income were -38,840 K.
