Granite Point Mortgage Trust (GPMT)
(Delayed Data from NYSE)
$2.58 USD
+0.04 (1.57%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $2.58 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
D Value F Growth D Momentum F VGM
Granite Point Mortgage Trust (GPMT) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$4.25 | $6.50 | $2.75 | 67.32% |
Price Target
Based on short-term price targets offered by three analysts, the average price target for Granite Point Mortgage Trust comes to $4.25. The forecasts range from a low of $2.75 to a high of $6.50. The average price target represents an increase of 67.32% from the last closing price of $2.54.
Analyst Price Targets (3 )
Broker Rating
Granite Point Mortgage Trust currently has an average brokerage recommendation (ABR) of 2.50 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by four brokerage firms. The current ABR compares to an ABR of 2.50 a month ago based on four recommendations.
Of the four recommendations deriving the current ABR, one is Strong Buy and one is Buy. Strong Buy and Buy each account for 25% of all recommendations. A month ago, Strong Buy made up 25%, while Buy represented 25%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/GPMT.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 1 | 1 | 1 | 1 | 1 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.50 | 2.50 | 2.50 | 2.50 | 2.50 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/7/2024 | JMP Securities | Steven C Delaney | Hold | Hold |
7/10/2024 | Keefe Bruyette & Woods | Jade J Rahmani | Moderate Sell | Moderate Sell |
5/28/2024 | Raymond James | Stephen Laws | Moderate Buy | Moderate Buy |
12/6/2023 | UBS | Douglas Harter | Not Available | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.50 |
ABR (Last week) | 2.50 |
# of Recs in ABR | 4 |
Average Target Price | $4.25 |
LT Growth Rate | NA |
Industry | REIT and Equity Trust |
Industry Rank by ABR | 95 of 253 |
Current Quarter EPS Est: | -0.87 |