Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $2.46 in the prior trading day, Granite Point Mortgage Trust Inc (NYSE: GPMT) closed at $2.47, up 0.41%. In other words, the price has increased by $0.41 from its previous closing price. On the day, 0.59 million shares were traded. GPMT stock price reached its highest trading level at $2.58 during the session, while it also had its lowest trading level at $2.46.
Ratios:
Our goal is to gain a better understanding of GPMT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.08 and its Current Ratio is at 0.17. In the meantime, Its Debt-to-Equity ratio is 2.31 whereas as Long-Term Debt/Eq ratio is at 0.12.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Keefe Bruyette on December 10, 2024, Upgraded its rating to Mkt Perform and sets its target price to $3.25 from $3 previously.
On December 06, 2023, UBS started tracking the stock assigning a Buy rating and target price of $6.50.UBS initiated its Buy rating on December 06, 2023, with a $6.50 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 09 ’25 when DEHNE TANUJA M sold 8,814 shares for $2.55 per share. The transaction valued at 22,476 led to the insider holds 77,152 shares of the business.
KASNET STEPHEN G sold 41,666 shares of GPMT for $106,248 on Jun 09 ’25. The Director now owns 183,566 shares after completing the transaction at $2.55 per share. On Jun 09 ’25, another insider, KASNET STEPHEN G, who serves as the Director of the company, bought 41,666 shares for $2.61 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GPMT now has a Market Capitalization of 119562576 and an Enterprise Value of 1428632448. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 0.20. Its current Enterprise Value per Revenue stands at -14.544.
Stock Price History:
The Beta on a monthly basis for GPMT is 1.77, which has changed by -0.15120274 over the last 52 weeks, in comparison to a change of 0.12632763 over the same period for the S&P500. Over the past 52 weeks, GPMT has reached a high of $3.66, while it has fallen to a 52-week low of $1.61. The 50-Day Moving Average of the stock is 7.80%, while the 200-Day Moving Average is calculated to be -10.71%.
Shares Statistics:
The stock has traded on average 641.78K shares per day over the past 3-months and 1635520 shares per day over the last 10 days, according to various share statistics. A total of 48.39M shares are outstanding, with a floating share count of 45.20M. Insiders hold about 6.62% of the company’s shares, while institutions hold 52.02% stake in the company. Shares short for GPMT as of 1749772800 were 1637156 with a Short Ratio of 2.55, compared to 1747267200 on 1418158. Therefore, it implies a Short% of Shares Outstanding of 1637156 and a Short% of Float of 3.94.
Dividends & Splits
In the trailing 12 months, GPMT’s forward annual dividend rate was 0.2, compared to 0.20 this year. Against a Trailing Annual Dividend Yield of 0.08130081The stock’s 5-year Average Dividend Yield is 12.63.
