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Granite Point Mortgage Trust (GPMT)

(Delayed Data from NYSE)

$2.95 USD

2.95
317,037

-0.03 (-1.01%)

Updated Nov 1, 2024 04:00 PM ET

After-Market: $2.96 +0.01 (0.34%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value F Growth F Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 43% (143 out of 250)

Industry: REIT and Equity Trust

Better trading starts here.

Zacks News

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3 Real Estate Stocks to Buy on Increasing Mortgage Rates

Sino Land (SNLAY), Two Harbors (TWO) and Grantite Point (GPMT) are three real estate stocks to look into as mortgage rates continue to rise despite Fed rate cuts.

Granite Point Mortgage Trust (GPMT) Reports Q2 Loss, Misses Revenue Estimates

Granite Point Mortgage Trust (GPMT) delivered earnings and revenue surprises of 37.50% and 14.41%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

NexPoint (NREF) Surpasses Q2 Earnings and Revenue Estimates

NexPoint (NREF) delivered earnings and revenue surprises of 51.11% and 99.11%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Altisource Portfolio Solutions (ASPS) Reports Q2 Loss, Misses Revenue Estimates

Altisource Portfolio (ASPS) delivered earnings and revenue surprises of 4.55% and 3.79%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Granite Point Mortgage Trust (GPMT) Upgraded to Buy: Here's Why

Granite Point Mortgage Trust (GPMT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Granite Point Mortgage Trust (GPMT) Loses -15% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Granite Point Mortgage Trust (GPMT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

KKR Real Estate Finance (KREF) Q1 Earnings Surpass Estimates

KKR Real Estate (KREF) delivered earnings and revenue surprises of 5.41% and 9.29%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

New Strong Buy Stocks for February 15th

AXS, GM, ZFOX, BYRN and GPMT have been added to the Zacks Rank #1 (Strong Buy) List on February 15, 2024.

Best Income Stocks to Buy for February 15th

GPMT, AXS and FBP made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 15, 2024.

Granite Point Mortgage Trust (GPMT) Q4 Earnings Beat Estimates

Granite Point Mortgage Trust (GPMT) delivered earnings and revenue surprises of 133.33% and 8.30%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Apollo Commerical Finance (ARI) Q3 Earnings and Revenues Miss Estimates

Apollo Commerical Finance (ARI) delivered earnings and revenue surprises of -2.63% and 6.53%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Granite Point Mortgage Trust (GPMT) Lags Q2 Earnings Estimates

Granite Point Mortgage Trust (GPMT) delivered earnings and revenue surprises of -33.33% and 33.31%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Starwood Property Trust (STWD) Beats Q2 Earnings and Revenue Estimates

Starwood Property Trust (STWD) delivered earnings and revenue surprises of 2.08% and 1.51%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Ares Commercial Real Estate (ACRE) Tops Q2 Earnings and Revenue Estimates

Ares Commercial Real Estate (ACRE) delivered earnings and revenue surprises of 9.38% and 3.63%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Granite Point Mortgage Trust (GPMT) Q1 Earnings and Revenues Surpass Estimates

Granite Point Mortgage Trust (GPMT) delivered earnings and revenue surprises of 11.11% and 14%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Ready Capital (RC) Q1 Earnings and Revenues Lag Estimates

Ready Capital (RC) delivered earnings and revenue surprises of -24.39% and 10.26%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Ares Commercial Real Estate (ACRE) Misses Q1 Earnings and Revenue Estimates

Ares Commercial Real Estate (ACRE) delivered earnings and revenue surprises of -12.90% and 4.87%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Annaly Capital Management (NLY) Q1 Earnings Surpass Estimates

Annaly (NLY) delivered earnings and revenue surprises of 12.50% and 89.36%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Granite Point Mortgage Trust (GPMT) Reports Q4 Loss, Tops Revenue Estimates

Granite Point Mortgage Trust (GPMT) delivered earnings and revenue surprises of -188.89% and 8.17%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Arbor Realty Trust (ABR) Beats Q4 Earnings and Revenue Estimates

Arbor Realty Trust (ABR) delivered earnings and revenue surprises of 27.66% and 2.94%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Granite Point Mortgage Trust (GPMT) Q3 Earnings and Revenues Lag Estimates

Granite Point Mortgage Trust (GPMT) delivered earnings and revenue surprises of -19.05% and 17.22%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Ready Capital (RC) Misses Q3 Earnings and Revenue Estimates

Ready Capital (RC) delivered earnings and revenue surprises of -4.35% and 11.73%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Arbor Realty Trust (ABR) Q3 Earnings and Revenues Top Estimates

Arbor Realty Trust (ABR) delivered earnings and revenue surprises of 24.44% and 4.92%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

NexPoint (NREF) Q3 Earnings Top Estimates

NexPoint (NREF) delivered earnings and revenue surprises of 11.63% and 20.86%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Blackstone Mortgage Trust (BXMT) Q3 Earnings and Revenues Top Estimates

Blackstone Mortgage (BXMT) delivered earnings and revenue surprises of 9.23% and 5.41%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?