On Monday, Granite Point Mortgage Trust Inc (NYSE: GPMT) was 8.26%% up from the session before settling in for the closing price of $2.42. A 52-week range for GPMT has been $1.61 – $3.66.
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When this article was written, the company’s average yearly earnings per share was at 15.51%. 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
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 6.62%, 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
You can see what Granite Point Mortgage Trust Inc (GPMT) is doing with its current performance indicators. In the most recent 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 0.71.
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 1.31 million, a positive change from its year-to-date volume of 0.44 million. As of the previous 9 days, the stock’s Stochastic %D was 59.42%.
During the past 100 days, Granite Point Mortgage Trust Inc’s (GPMT) raw stochastic average was set at 63.92%, which indicates a significant decrease from 84.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.61% in the past 14 days, which was lower than the 69.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.21, while its 200-day Moving Average is $2.77. Nevertheless, the first resistance level for the watch stands at $2.71 in the near term. At $2.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.97. If the price goes on to break the first support level at $2.45, it is likely to go to the next support level at $2.27. Assuming the price breaks the second support level, the third support level stands at $2.19.
Granite Point Mortgage Trust Inc (NYSE: GPMT) Key Stats
There are 48,406K outstanding shares of the company, which has a market capitalization of 126.82 million. As of now, sales total 35,880 K while income totals -207,050 K. Its latest quarter income was 8,040 K while its last quarter net income were -7,020 K.
