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GPMT

Granite Point Mortgage Trust Inc

$10.12

Earnings Summary

Revenue
$47.32Mn
Net Profits
$1.01Mn
Net Profit Margins
2.14%
PE Ratio
59.94

Highlights

Revenue:

Granite Point Mortgage Trust Inc’s revenue jumped 78.85% since last year same period to $47.32Mn in the Q1 2022. On a quarterly growth basis, Granite Point Mortgage Trust Inc has generated 153.83% jump in its revenue since last 3-months.

Net Profits:

Granite Point Mortgage Trust Inc’s net profit fell -96.39% since last year same period to $1.01Mn in the Q1 2022. On a quarterly growth basis, Granite Point Mortgage Trust Inc has generated -86.45% fall in its net profits since last 3-months.

Net Profit Margins:

Granite Point Mortgage Trust Inc’s net profit margin fell -97.98% since last year same period to 2.14% in the Q1 2022. On a quarterly growth basis, Granite Point Mortgage Trust Inc has generated -94.66% fall in its net profit margins since last 3-months.

PE Ratio:

Granite Point Mortgage Trust Inc’s price-to-earnings ratio after this Q1 2022 earnings stands at 59.94.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Granite Point Mortgage Trust Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.22
EPS Estimate Current Year
0.22

Highlights

EPS Estimate Current Quarter:

Granite Point Mortgage Trust Inc’s earning per share (EPS) estimates for the current quarter stand at 0.22 - a 450% jump from last quarter’s estimates.

EPS Estimate Current Year:

Granite Point Mortgage Trust Inc’s earning per share (EPS) estimates for the current year stand at 0.22.

Key Ratios

Key ratios of the Granite Point Mortgage Trust Inc post its Q1 2022 earnings

Earning Per Share (EPS)
0.05
Return on Assets (ROA)
0
Return on Equity (ROE)
0.02
Dividend Per Share (DPS)
1

Highlights

Earning Per Share (EPS):

Granite Point Mortgage Trust Inc’s earning per share (EPS) fell -86.84% since last year same period to 0.05 in the Q1 2022. This indicates that the Granite Point Mortgage Trust Inc has generated -86.84% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Granite Point Mortgage Trust Inc’s return on assets (ROA) stands at 0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Granite Point Mortgage Trust Inc’s return on equity (ROE) stands at 0.02.

Dividend Per Share (DPS):

Granite Point Mortgage Trust Inc declared 1 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-10
0.04
0.05
25%

Company Information

Granite Point Mortgage Trust Inc. is a Maryland corporation focused on directly originating, investing inand managing senior floating rate commercial mortgage loans and other debt and debt-like commercial realestate investments. Granite Point is headquartered in New York, NY.

Organisation
Granite Point Mortgage Trust Inc
Headquarters
New York, New York, US
Employees
2.02K
Industry
Finance
CEO
John Taylor