On Monday, Granite Point Mortgage Trust Inc (NYSE: GPMT) opened lower -6.11% from the last session, before settling in for the closing price of $2.62. Price fluctuations for GPMT have ranged from $1.61 to $3.66 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 15.51% at the time writing. With a float of $45.20 million, this company’s outstanding shares have now reached $48.39 million.
Let’s look at the performance matrix of the company that is accounted for 33 employees. In terms of profitability, gross margin is 100.0%, operating margin of 0.0%, and the pretax margin is -371.31%.
Granite Point Mortgage Trust Inc (GPMT) Insider Updates
A key investor’s attitude towards the stock of the REIT – Mortgage industry is another important factor to consider. The insider ownership of Granite Point Mortgage Trust Inc is 6.62%, while institutional ownership is 52.02%. The most recent insider transaction that took place on Jun 09 ’25, was worth 22,476. In this transaction Director of this company sold 8,814 shares at a rate of $2.55, taking the stock ownership to the 77,152 shares. Before that another transaction happened on Jun 09 ’25, when Company’s Director sold 41,666 for $2.55, making the entire transaction worth $106,248. This insider now owns 183,566 shares in total.
Granite Point Mortgage Trust Inc (GPMT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 15.51% per share during the next fiscal year.
Granite Point Mortgage Trust Inc (NYSE: GPMT) Trading Performance Indicators
Check out the current performance indicators for Granite Point Mortgage Trust Inc (GPMT). In the past quarter, the stock posted a quick ratio of 0.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.08, a number that is poised to hit -0.85 in the next quarter and is forecasted to reach -0.47 in one year’s time.
Technical Analysis of Granite Point Mortgage Trust Inc (GPMT)
Granite Point Mortgage Trust Inc (NYSE: GPMT) saw its 5-day average volume 2.03 million, a positive change from its year-to-date volume of 0.51 million. As of the previous 9 days, the stock’s Stochastic %D was 65.28%.
During the past 100 days, Granite Point Mortgage Trust Inc’s (GPMT) raw stochastic average was set at 53.80%, which indicates a significant increase from 43.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.09% in the past 14 days, which was lower than the 70.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.28, while its 200-day Moving Average is $2.77. Nevertheless, the first resistance level for the watch stands at $2.58 in the near term. At $2.71, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.77. If the price goes on to break the first support level at $2.40, it is likely to go to the next support level at $2.34. Assuming the price breaks the second support level, the third support level stands at $2.21.
Granite Point Mortgage Trust Inc (NYSE: GPMT) Key Stats
There are currently 48,406K shares outstanding in the company with a market cap of 119.08 million. Presently, the company’s annual sales total 35,880 K according to its annual income of -207,050 K. Last quarter, the company’s sales amounted to 8,040 K and its income totaled -7,020 K.
