Granite Point Mortgage Trust (GPMT) Stock Forecast, Price Target & Predictions
GPMT Stock Forecast
Granite Point Mortgage Trust stock forecast is as follows: an average price target of $6.25 (represents a 138.55% upside from GPMT’s last price of $2.62) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
GPMT Price Target
GPMT Analyst Ratings
Granite Point Mortgage Trust Price Target by Analyst
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 | 34.41% | 33.59% |
Nov 08, 2023 | Steven Delaney | JMP Securities | $9.00 | $4.55 | 97.80% | 243.51% |
Sep 15, 2022 | - | JMP Securities | $12.00 | $8.91 | 34.68% | 358.02% |
Jul 18, 2022 | - | Raymond James | $13.50 | $9.53 | 41.66% | 415.27% |
Jun 17, 2022 | - | JMP Securities | $13.00 | $8.88 | 46.40% | 396.18% |
Granite Point Mortgage Trust Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 1 | 1 | 2 |
Avg Price Target | $3.50 | $3.50 | $6.25 |
Last Closing Price | $2.62 | $2.62 | $2.62 |
Upside/Downside | 33.59% | 33.59% | 138.55% |
Analyst Ratings Upgrades/Downgrades
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 |
Apr 26, 2022 | Zacks Investment Research | - | Sell | Downgrade |
Granite Point Mortgage Trust Financial Forecast
Granite Point Mortgage Trust Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $61.50M | $66.69M | $68.83M | $21.54M | $17.86M | $16.96M | - | $22.54M | $18.64M | $20.78M | $21.66M | $26.46M | $26.35M | $23.49M | $26.49M | $28.60M | $27.52M | $26.07M |
Avg Forecast | $15.18M | $14.84M | $14.47M | $15.23M | $14.09M | $13.17M | $12.48M | $11.21M | $12.27M | $10.53M | $13.08M | $15.20M | $19.53M | $16.80M | $20.44M | $21.19M | $20.03M | $22.14M | $23.36M | $22.92M | $22.85M | $22.85M | $26.15M | $25.56M | $27.05M | $40.78M | $39.17M | $3.65M | $47.10M | $46.35M |
High Forecast | $25.91M | $25.32M | $24.68M | $25.98M | $24.04M | $22.47M | $21.29M | $19.13M | $20.93M | $17.96M | $22.32M | $25.93M | $33.33M | $18.42M | $34.88M | $36.16M | $34.18M | $37.78M | $23.36M | $24.60M | $24.52M | $24.52M | $28.06M | $27.43M | $29.03M | $43.76M | $42.04M | $3.92M | $50.54M | $49.74M |
Low Forecast | $11.15M | $10.90M | $10.62M | $11.18M | $10.34M | $9.67M | $9.16M | $8.23M | $9.01M | $7.73M | $9.60M | $11.16M | $14.34M | $14.53M | $15.01M | $15.56M | $14.71M | $16.26M | $23.36M | $21.24M | $21.18M | $21.18M | $24.24M | $23.69M | $25.07M | $37.80M | $36.31M | $3.38M | $43.65M | $42.96M |
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 1 | 1 | 11 | 12 | 16 | 9 | 9 | 8 | 9 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 3.15% | 3.97% | 3.37% | 1.02% | 0.89% | 0.77% | - | 0.98% | 0.82% | 0.91% | 0.83% | 1.04% | 0.97% | 0.58% | 0.68% | 7.83% | 0.58% | 0.56% |
Granite Point Mortgage Trust EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 1 | 1 | 11 | 12 | 16 | 9 | 9 | 8 | 9 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-17.07M | $-24.52M | $5.11M | $6.36M | $30.59M | $5.41M | - | $28.44M | $33.90M | $44.93M | $40.94M | $54.35M | $51.13M | $-656.00K | $24.82M | $-2.21M | $54.03M | $53.83M |
Avg Forecast | $8.56M | $8.37M | $8.15M | $8.58M | $7.94M | $7.42M | $7.03M | $6.32M | $6.91M | $5.93M | $7.37M | $8.57M | $11.01M | $9.47M | $11.52M | $11.95M | $11.29M | $12.48M | $13.17M | $21.49M | $12.88M | $12.88M | $14.74M | $14.41M | $15.25M | $-360.80K | $24.82M | $-2.34M | $26.55M | $26.13M |
High Forecast | $14.60M | $14.27M | $13.91M | $14.64M | $13.55M | $12.66M | $12.00M | $10.78M | $11.80M | $10.12M | $12.58M | $14.62M | $18.79M | $10.38M | $19.66M | $20.38M | $19.27M | $21.30M | $13.17M | $25.79M | $13.82M | $13.82M | $15.82M | $15.46M | $16.36M | $-288.64K | $29.79M | $-1.87M | $28.49M | $28.04M |
Low Forecast | $6.28M | $6.14M | $5.99M | $6.30M | $5.83M | $5.45M | $5.16M | $4.64M | $5.08M | $4.36M | $5.41M | $6.29M | $8.08M | $8.19M | $8.46M | $8.77M | $8.29M | $9.16M | $13.17M | $17.19M | $11.94M | $11.94M | $13.66M | $13.35M | $14.13M | $-432.96K | $19.86M | $-2.81M | $24.61M | $24.22M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -1.55% | -2.59% | 0.44% | 0.53% | 2.71% | 0.43% | - | 1.32% | 2.63% | 3.49% | 2.78% | 3.77% | 3.35% | 1.82% | 1.00% | 0.94% | 2.04% | 2.06% |
Granite Point Mortgage Trust Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 1 | 1 | 11 | 12 | 16 | 9 | 9 | 8 | 9 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-17.07M | $-24.54M | $5.04M | $-33.83M | $-6.23M | $-25.50M | - | $4.64M | $7.46M | $18.63M | $14.27M | $27.99M | $23.15M | $-24.67M | $-1.73M | $-37.19M | $17.68M | $17.39M |
Avg Forecast | $3.94M | $3.59M | $3.20M | $3.98M | $-4.30M | $-22.76M | $-10.73M | $-30.17M | $-45.47M | $-26.06M | $-10.64M | $917.48K | $-5.79M | $6.62M | $7.34M | $834.08K | $-4.42M | $22.54M | $11.33M | $758.25K | $7.46M | $20.49M | $18.16M | $17.99M | $13.98M | $-13.57M | $-1.73M | $-39.38M | $18.88M | $19.22M |
High Forecast | $7.55M | $6.88M | $6.15M | $7.64M | $-2.81M | $-14.90M | $-7.02M | $-19.75M | $-29.76M | $-17.06M | $-6.96M | $1.10M | $-3.79M | $9.17M | $14.07M | $1.00M | $-2.89M | $27.05M | $11.33M | $909.90K | $8.96M | $24.59M | $21.79M | $21.59M | $15.31M | $-10.85M | $-1.39M | $-31.50M | $20.67M | $23.07M |
Low Forecast | $2.58M | $2.35M | $2.10M | $2.61M | $-8.24M | $-43.66M | $-20.58M | $-57.87M | $-87.22M | $-49.99M | $-20.40M | $733.99K | $-11.10M | $4.58M | $4.80M | $667.26K | $-8.48M | $18.03M | $11.33M | $606.60K | $5.97M | $16.39M | $14.53M | $14.40M | $12.65M | $-16.28M | $-2.08M | $-47.25M | $17.09M | $15.38M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.95% | -3.71% | 0.69% | -40.56% | 1.41% | -1.13% | - | 6.11% | 1.00% | 0.91% | 0.79% | 1.56% | 1.66% | 1.82% | 1.00% | 0.94% | 0.94% | 0.90% |
Granite Point Mortgage Trust SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 1 | 1 | 11 | 12 | 16 | 9 | 9 | 8 | 9 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $17.16M | - | - | $5.91M | $3.69M | $4.95M | - | $5.82M | $5.35M | $5.63M | $5.02M | $5.46M | $1.68M | $4.26M | $4.23M | $5.61M | $-9.59M | $8.68M |
Avg Forecast | $3.27M | $3.19M | $3.11M | $3.28M | $3.03M | $2.83M | $2.68M | $2.41M | $2.64M | $2.27M | $2.81M | $3.27M | $4.20M | $3.62M | $4.40M | $4.56M | $4.31M | $6.82M | $5.03M | $4.93M | $5.35M | $6.20M | $6.39M | $3.51M | $5.82M | $2.34M | $4.23M | $785.55K | $10.13M | $9.59M |
High Forecast | $5.57M | $5.45M | $5.31M | $5.59M | $5.17M | $4.83M | $4.58M | $4.12M | $4.50M | $3.87M | $4.80M | $5.58M | $7.17M | $3.96M | $7.51M | $7.78M | $7.36M | $8.18M | $5.03M | $5.29M | $6.42M | $7.44M | $7.66M | $4.21M | $6.25M | $2.81M | $5.08M | $842.99K | $10.88M | $11.51M |
Low Forecast | $2.40M | $2.34M | $2.29M | $2.41M | $2.23M | $2.08M | $1.97M | $1.77M | $1.94M | $1.66M | $2.07M | $2.40M | $3.09M | $3.13M | $3.23M | $3.35M | $3.17M | $5.45M | $5.03M | $4.57M | $4.28M | $4.96M | $5.11M | $2.81M | $5.40M | $1.87M | $3.39M | $728.11K | $9.39M | $7.67M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 4.08% | - | - | 1.30% | 0.86% | 0.73% | - | 1.18% | 1.00% | 0.91% | 0.79% | 1.56% | 0.29% | 1.82% | 1.00% | 7.15% | -0.95% | 0.90% |
Granite Point Mortgage Trust EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 1 | 1 | 11 | 12 | 16 | 9 | 9 | 8 | 9 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.33 | $-0.48 | $0.10 | $-0.65 | $-0.12 | $-0.49 | - | $0.02 | $0.14 | $0.34 | $0.26 | $0.51 | $0.42 | $-0.45 | $-0.03 | $-0.68 | $0.32 | $0.32 |
Avg Forecast | $0.08 | $0.07 | $0.06 | $0.08 | $-0.08 | $-0.45 | $-0.21 | $-0.59 | $-0.89 | $-0.51 | $-0.21 | $0.03 | $-0.11 | $0.13 | $0.14 | $0.16 | $-0.09 | $0.22 | $0.22 | $0.03 | $0.23 | $0.10 | $0.32 | $0.28 | $0.27 | $0.18 | $0.26 | $0.35 | $0.37 | $0.38 |
High Forecast | $0.15 | $0.14 | $0.12 | $0.15 | $-0.06 | $-0.29 | $-0.14 | $-0.39 | $-0.58 | $-0.33 | $-0.14 | $0.05 | $-0.07 | $0.18 | $0.28 | $0.30 | $-0.06 | $0.41 | $0.22 | $0.04 | $0.26 | $0.11 | $0.35 | $0.31 | $0.30 | $0.19 | $0.28 | $0.38 | $0.40 | $0.42 |
Low Forecast | $0.05 | $0.05 | $0.04 | $0.05 | $-0.16 | $-0.86 | $-0.40 | $-1.14 | $-1.71 | $-0.98 | $-0.40 | $0.02 | $-0.22 | $0.09 | $0.09 | $0.10 | $-0.17 | $0.14 | $0.22 | $0.03 | $0.21 | $0.09 | $0.29 | $0.25 | $0.25 | $0.16 | $0.23 | $0.32 | $0.33 | $0.34 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.91% | -3.69% | 0.68% | -4.16% | 1.38% | -2.27% | - | 0.62% | 0.60% | 3.26% | 0.81% | 1.82% | 1.54% | -2.53% | -0.12% | -1.94% | 0.87% | 0.84% |
Granite Point Mortgage Trust Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
NYMT | New York Mortgage Trust | $6.38 | $21.25 | 233.07% | Hold |
GPMT | Granite Point Mortgage Trust | $2.62 | $6.25 | 138.55% | Buy |
AOMR | Angel Oak Mortgage | $10.93 | $13.50 | 23.51% | Buy |
MFA | MFA Financial | $12.26 | $14.83 | 20.96% | Buy |
PMT | PennyMac Mortgage Investment Trust | $13.79 | $16.50 | 19.65% | Hold |
EARN | Ellington Residential Mortgage REIT | $6.81 | $8.00 | 17.47% | Buy |
TWO | Two Harbors Investment | $13.77 | $15.63 | 13.51% | Buy |
RC | Ready Capital | $7.93 | $9.00 | 13.49% | Buy |
IVR | Invesco Mortgage Capital | $8.72 | $6.25 | -28.33% | Buy |
ARR | ARMOUR Residential REIT | $20.42 | $11.50 | -43.68% | Hold |
CIM | Chimera Investment | $15.44 | $7.25 | -53.04% | Hold |
GPMT Forecast FAQ
Is Granite Point Mortgage Trust a good buy?
Yes, according to 4 Wall Street analysts, Granite Point Mortgage Trust (GPMT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 75.00% of GPMT's total ratings.
What is GPMT's price target?
Granite Point Mortgage Trust (GPMT) average price target is $6.25 with a range of $3.5 to $9, implying a 138.55% from its last price of $2.62. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Granite Point Mortgage Trust stock go up soon?
According to Wall Street analysts' prediction for GPMT stock, the company can go up by 138.55% (from the last price of $2.62 to the average price target of $6.25), up by 243.51% based on the highest stock price target, and up by 33.59% based on the lowest stock price target.
Can Granite Point Mortgage Trust stock reach $4?
GPMT's average twelve months analyst stock price target of $6.25 supports the claim that Granite Point Mortgage Trust can reach $4 in the near future.
What is Granite Point Mortgage Trust's current price target trend?
1 Wall Street analyst forecast a $3.5 price target for Granite Point Mortgage Trust (GPMT) this month, up 33.59% from its last price of $2.62. Compared to the last 3 and 12 months, the average price target increased by 33.59% and increased by 138.55%, respectively.
What are Granite Point Mortgage Trust's analysts' financial forecasts?
Granite Point Mortgage Trust's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $50.94M (high $86.93M, low $37.4M), average EBITDA is $28.72M (high $49M, low $21.08M), average net income is $-67.958M (high $-44.478M, low $-130M), average SG&A $10.96M (high $18.71M, low $8.05M), and average EPS is $-1.334 (high $-0.873, low $-2.559). GPMT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $59.72M (high $101.89M, low $43.84M), average EBITDA is $33.66M (high $57.43M, low $24.71M), average net income is $14.72M (high $28.23M, low $9.63M), average SG&A $12.85M (high $21.93M, low $9.44M), and average EPS is $0.289 (high $0.554, low $0.189).
Did the GPMT's actual financial results beat the analysts' financial forecasts?
Based on Granite Point Mortgage Trust's last annual report (Dec 2023), the company's revenue was $266.49M, beating the average analysts forecast of $77.97M by 241.79%. Apple's EBITDA was $-77.554M, missing the average prediction of $43.95M by -276.46%. The company's net income was $-63.198M, missing the average estimation of $9.01M by -801.79%. Apple's SG&A was $0, missing the average forecast of $16.78M by -100.00%. Lastly, the company's EPS was $-1.22, missing the average prediction of $0.317 by -485.44%. In terms of the last quarterly report (Dec 2023), Granite Point Mortgage Trust's revenue was $61.5M, beating the average analysts' forecast of $19.53M by 214.87%. The company's EBITDA was $-17.073M, missing the average prediction of $11.01M by -255.07%. Granite Point Mortgage Trust's net income was $-17.074M, beating the average estimation of $-5.786M by 195.08%. The company's SG&A was $17.16M, beating the average forecast of $4.2M by 308.36%. Lastly, the company's EPS was $-0.33, beating the average prediction of $-0.114 by 190.52%