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After finishing at $1.78 in the prior trading day, Granite Point Mortgage Trust Inc (NYSE: GPMT) closed at $1.76, down -1.12%. In other words, the price has decreased by -$1.12 from its previous closing price. On the day, 0.59 million shares were traded.
Ratios:
Our goal is to gain a better understanding of GPMT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.90. In the meantime, Its Debt-to-Equity ratio is 2.38 whereas as Long-Term Debt/Eq ratio is at 0.31.
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 Mar 04 ’25 when Nikolic Lazar bought 500 shares for $17.76 per share. The transaction valued at 8,880 led to the insider holds 769 shares of the business.
Nikolic Lazar bought 1,126 shares of GPMT for $19,941 on Feb 26 ’25. The Director now owns 33,028 shares after completing the transaction at $17.71 per share. On Feb 27 ’25, another insider, Nikolic Lazar, who serves as the Director of the company, bought 269 shares for $17.72 each. As a result, the insider paid 4,767 and bolstered with 269 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 0.14.
Stock Price History:
Over the past 52 weeks, GPMT has reached a high of $4.54, while it has fallen to a 52-week low of $1.61. The 50-Day Moving Average of the stock is -31.21%, while the 200-Day Moving Average is calculated to be -38.61%.
Shares Statistics:
A total of 48.80M shares are outstanding, with a floating share count of 45.92M. Insiders hold about 6.00% of the company’s shares, while institutions hold 53.35% stake in the company.
