Granite Point Mortgage: Not A Compelling Investment At The Moment

Granite Point Mortgage Trust (NYSE: GPMT ) has had an intensely turbulent 2025 with the commons down 18% year-to-date, extending a discount to book value that stood at 65% when I last covered the office-focused mortgage REIT. GPMT reportedThe 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-divi ...