Granite Point Mortgage Trust

GPMT · NYSE

$4.72−$0.12 (−2.48%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $4.84

GPMT analyst rating

HoldConsensus of 2 analysts over the last 12 months. 0% rate it a buy.

Strong buy0
Buy0
Hold2
Underperform0
Sell0

12-month price target · 4 analysts

Average $1.40 (−70.3% downside)

Low: $1.26
Now: $4.72
High: $1.58

Upgrades and downgrades

The latest rating actions, newest first

GPMT analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Keefe, Bruyette & Woods	Aug 12, 2026	Maintains	Market Perform	$1.50 → $1.25	51%
UBS	Jul 16, 2026	Downgrade	Buy → Neutral	$3.25 → $1.50	38%
Keefe, Bruyette & Woods	Jan 8, 2026	Maintains	Market Perform	$2.75 → $2.50	51%
Keefe, Bruyette & Woods	Nov 11, 2025	Maintains	Market Perform	$3.00 → $2.75	51%

The case for and against

Updated Oct 19, 2025

Bull case

Granite Point Mortgage Trust Inc is well-positioned for growth due to an improving environment for increased originations, highlighting a favorable outlook for the company's investment strategy. The demand for transitional and flexible capital in the commercial real estate sector remains strong, supported by a favorable regulatory backdrop for specialty finance lenders. Additionally, the company's rigorous credit underwriting and selective investment approach emphasize resilience and adaptability, which further strengthens its market positioning amidst evolving economic conditions.

Bear case

Granite Point Mortgage Trust Inc. is facing a challenging financial outlook as reflected in the lowered 1Q25 Distribution Earnings (DE) estimates, which now stand at -$0.60 and -$0.52. The anticipated GAAP net loss of $10.6 million, equivalent to -$0.22 per share, along with a provision for Current Expected Credit Loss (CECL) of $3.8 million, suggests significant underlying issues impacting profitability. Furthermore, prevailing macroeconomic factors, particularly rising interest rates, are exerting additional pressure on the legacy commercial real estate credit sector, leading to increased caution regarding the commercial mortgage real estate investment trust landscape.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.