Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
Granite Point Mortgage Trust Inc (NYSE: GPMT) closed the day trading at $2.36 down -2.48% from the previous closing price of $2.42. In other words, the price has decreased by -$2.48 from its previous closing price. On the day, 1.06 million shares were traded.
Ratios:
For a better understanding of GPMT, let’s 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64 while its Price-to-Book (P/B) ratio in mrq is 0.19.
Stock Price History:
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 8.11%, while the 200-Day Moving Average is calculated to be -14.83%.
Shares 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.
