Granite Point Mortgage Trust Inc. (GPMT) Stock

Granite Point Mortgage Trust Inc. (GPMT) is a Real Estate stock trading at $1.12 (as of 2026-08-21), with a market capitalization of $53.98M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Granite Point Mortgage Trust Inc., a real estate investment trust, originates, invests in, and manages senior floating-rate commercial mortgage loans, and other debt and debt-like commercial real estate investments in the United States. The company provides intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, including lease-up, renovation, repositioning, and repurposing of the commercial property. As of December 31, 2021, its investment portfolio includes 105 commercial real estate loan investments. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York.

Understand Granite Point Mortgage Trust Inc.: how it makes money

Granite Point Mortgage Trust originates, invests in, and manages senior floating-rate commercial mortgage loans in the United States, providing intermediate-term bridge and transitional financing (for acquisitions, recapitalizations, and refinancing) and related commercial real estate debt investments where performance depends on the loan portfolio.

Its profit engine is the loan portfolio it originates and manages, because its senior floating-rate commercial mortgage lending and transitional financing activity ties outcomes to portfolio size and loan credit status (including non-accrual and unpaid principal balances).

Revenue by segment (latest quarter)
REO Ops Net	$0.0B
REO Ops	$0.0B

Business quality (Weak): The provided quarter data shows revenue of 0.0B and an operating margin of -9.3%, so investors should focus on whether the business is generating earnings and how loan portfolio credit metrics (including non-accrual exposure) are trending.

Bull case

Targeted lending for property transitions: It provides intermediate-term bridge or transitional financing for acquisitions, recapitalizations, and refinancing, and supports business plans like lease-up, renovation, repositioning, and repurposing.
Portfolio scale and forward commitments: Key operating snapshots include Outstanding Principal Balance of Portfolio and Aggregate Committed Loan Balance, which reflect the size of invested loans and committed lending.

Bear case

Credit and performance risk can show up quickly: Non-accrual exposure is tracked via Loans on Non-Accrual Status Principal Balance and Non-Accruing Loans Principal Balance, which can indicate stress and unpaid principal.
Latest-quarter earnings pressure in the provided data: In the provided quarter, operating margin is negative (-9.3%) and revenue is shown as 0.0B, which may reflect weak operating performance or incomplete capture of revenue components.

Valuation — source: SEC EDGAR (first-party)
Price	$1.12
Market Cap	$53.98M
Price / Book	0.11
Price / Sales	0.50
DCF Value (model)	$11.62
DCF Upside vs Price	937.5%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$131.73M
Net Margin	-31.2%
Revenue Growth (YoY)	-29.0%
EPS Growth (YoY)	-73.6%

Valuation vs Sector & Industry
Sector P/E (Real Estate)	27.2
Industry P/E (Trading)	35.3

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($5.77M)
Institutional Holders Tracked	10

Company
Sector	Real Estate
Industry	Trading
CEO	John A. Taylor
Employees	33
Country	US
IPO Date	2017-06-26

Related Companies (Business model: Equity REIT (Real Estate Investment Trust); 8 closest by market cap; US-domiciled)

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.