Granite Point Mortgage Trust (GPMT) Stock Forecast, Price Target & Predictions
GPMT Stock Forecast
Granite Point Mortgage Trust (GPMT) stock forecast, based on 12 Wall Street analysts, predicts a 12-month average price target of $6.25, with a high of $9.00 and a low of $3.50. This represents a 261.27% increase from the last price of $1.73.
GPMT Stock Rating
Granite Point Mortgage Trust stock's rating consensus is Hold, based on 12 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (41.67%), 7 Hold (58.33%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Hold
GPMT Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Granite Point Mortgage Trust | 261.27% |
Sector | Real Estate Stocks | 20.09% |
Industry | Mortgage REIT Stocks | 33.47% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 1 |
Avg Price Target | - | - | $3.50 |
Last Closing Price | $1.73 | $1.73 | $1.73 |
Upside/Downside | - | - | 102.31% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Apr, 25 | 1 | 1 | 2 | - | - | 4 |
Mar, 25 | 1 | 1 | 2 | - | - | 4 |
Feb, 25 | 1 | 1 | 2 | - | - | 4 |
Jan, 25 | 1 | 1 | 2 | - | - | 4 |
Dec, 24 | 1 | 1 | 2 | - | 1 | 5 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 08, 2024 | Stephen Laws | Raymond James | $3.50 | $2.60 | 34.62% | 102.31% |
Nov 08, 2023 | Steven Delaney | JMP Securities | $9.00 | $4.55 | 97.80% | 420.23% |
Sep 15, 2022 | JMP Securities | $12.00 | $8.91 | 34.68% | 593.64% | |
Jul 18, 2022 | Raymond James | $13.50 | $9.53 | 41.66% | 680.35% | |
Jun 17, 2022 | JMP Securities | $13.00 | $8.88 | 46.40% | 651.45% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Nov 08, 2023 | Wells Fargo | Overweight | Overweight | hold |
Dec 15, 2022 | Keefe, Bruyette & Woods | Underperform | downgrade | |
Jul 18, 2022 | Raymond James | Outperform | Outperform | hold |
Jun 17, 2022 | JMP Securities | Market Outperform | Market Outperform | hold |
Apr 26, 2022 | JMP Securities | Buy | Buy | hold |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $-0.73 | $1.24 | $-0.77 | $-1.50 | $-4.39 | - | - |
Avg Forecast | $1.11 | $0.99 | $0.39 | $0.14 | $-2.20 | $-1.97 | $0.07 |
High Forecast | $1.32 | $1.18 | $0.50 | $0.14 | $-2.09 | $-1.88 | $0.07 |
Low Forecast | $1.02 | $0.91 | $0.34 | $0.13 | $-2.28 | $-2.05 | $0.06 |
Surprise % | -165.77% | 25.25% | -297.44% | -1171.43% | 99.55% | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $104.93M | $87.53M | $78.26M | $266.49M | $185.55M | - | - |
Avg Forecast | $122.92M | $95.89M | $84.23M | $84.22M | $37.75M | $41.14M | $57.04M |
High Forecast | $140.61M | $109.69M | $101.78M | $86.84M | $38.93M | $42.42M | $58.43M |
Low Forecast | $115.25M | $89.90M | $75.76M | $81.23M | $36.41M | $39.68M | $55.66M |
Surprise % | -14.64% | -8.71% | -7.09% | 216.41% | 391.52% | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $-40.44M | $68.35M | $-40.83M | $-63.20M | $-221.45M | - | - |
Avg Forecast | $57.39M | $64.11M | $14.15M | $-77.65M | $-113.06M | $-101.41M | $3.37M |
High Forecast | $68.13M | $76.93M | $23.93M | $-8.45M | $-108.15M | $-97.01M | $3.62M |
Low Forecast | $52.73M | $51.29M | $4.38M | $-146.85M | $-117.97M | $-105.81M | $3.11M |
Surprise % | -170.46% | 6.62% | -388.44% | -18.61% | 95.87% | - | - |