As it has been almost 1.5 years since I last covered Granite Point Mortgage Trust Inc. (NYSE: GPMT ), this might be a good moment to take a closer look at the preferred shares again. I still have aHe is the leader of the investment group European Small Cap Ideas which offers exclusive access to actionable research on appealing Europe-focused investment opportunities not found elsewhere. The a focus is on high-quality ideas in the small-cap space, with emphasis on capital gains and dividend income for contin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 State or Other Jurisdiction of Incorporation or Organization (I.R.S. Employer Identification No.) 3 Bryant Park, Suite 2400A New York, New York 10036 (Address of Principal Executive Offices) (Zip Code) For the fiscal year ended December 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the ...

Granite Point Mortgage Trust Inc. (NYSE:GPMT) Q4 2024 Earnings Conference Call February 14, 2025 11:00 AM ET Company Participants Chris Petta - Investor Relations Jack Taylor - President and Chief Executive Officer Steve Alpart - Chief Investment Officer and Co-Head-Originations Blake Johnson - Chief Financial Officer Conference Call Participants Douglas Harter - UBS Steve DeLaney - Citizens JMP Jade Rahmani - KBW Operator Good morning. My name is Diego, and I will be your conference facilitator. At this ti ...

Q4 and Full Year 2024 Earnings Supplemental February 14, 2025 Legal Disclosures This presentation contains, or incorporates by reference, not only historical information, but also forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve numerous risks and uncertainties. Our actual results may differ from our beliefs, expectations, estimates, projections and illustrations and, consequently, you should not rely on these forward-l ...

Company Performance - Granite Point Mortgage Trust (GPMT) reported a quarterly loss of $1.98 per share, which was worse than the Zacks Consensus Estimate of a loss of $1.58, and a significant decline from earnings of $0.14 per share a year ago, indicating a negative earnings surprise of -25.32% [1] - The company posted revenues of $7.57 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 4.17%, and a decrease from year-ago revenues of $17.33 million [2] - Over the last four quarters, GPMT has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Market Comparison - GPMT shares have increased approximately 10% since the beginning of the year, outperforming the S&P 500's gain of 2.9% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.88 on revenues of $8.9 million, and for the current fiscal year, it is -$2.58 on revenues of $39.1 million [7] - The estimate revisions trend for GPMT is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the shares are expected to perform in line with the market in the near future [6] Industry Context - The REIT and Equity Trust industry, to which GPMT belongs, is currently ranked in the bottom 46% of over 250 Zacks industries, indicating potential challenges ahead [8]

Granite Point Mortgage Trust Inc. Reports Q4 and Full Year 2024 Financial Results and Post Quarter-End Update NEW YORK, February 13, 2025 – Granite Point Mortgage Trust Inc. (NYSE: GPMT) ("GPMT," "Granite Point" or the "Company") today announced its financial results for the quarter and full year ended December 31, 2024, and provided an update on its activities subsequent to quarter-end. An earnings supplemental containing fourth quarter and full year 2024 financial results can be viewed at www.gpmtreit.com ...

Granite Point Mortgage Trust (NYSE: GPMT ) has not had a great year, with the common equity of the mortgage REIT down 36%. The mREIT owns a portfolio of commercial property-backed loans with a historical focus on officeThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, REITs, ...

Third Quarter 2024 Earnings Supplemental November 7, 2024 Safe Harbor Statement This presentation contains, or incorporates by reference, not only historical information, but also forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve numerous risks and uncertainties. Our actual results may differ from our beliefs, expectations, estimates, projections and illustrations and, consequently, you should not rely on these forward-l ...

Granite Point Mortgage Trust Inc. (NYSE:GPMT) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Chris Petta - Investor Relations Jack Taylor - President and Chief Executive Officer Steve Alpart - Chief Investment Officer and Co-Head-Originations Marcin Urbaszek - Chief Financial Officer Conference Call Participants Steve DeLaney - Citizens JMP Douglas Harter - UBS Jade Rahmani - KBW Operator Good morning. My name is Christine and I will be your conference facilitator. At thi ...

Granite Point Mortgage Trust (GPMT) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.96. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 95.83%. A quarter ago, it was expected that this real estate investment trust would post a loss of $0.08 per share when it actually produced a loss of $0.05, delivering a surprise of 37.50%.Over the last f ...