Granite Point Mortgage Trust (GPMT) and Its Competitors Financial Contrast

Granite Point Mortgage Trust (NYSE: GPMT) is one of 32 publicly-traded companies in the “Mortgage REITs” industry, but how does it compare to its peers? We will compare Granite Point Mortgage Trust to related companies based on the strength of its valuation, institutional ownership, risk, dividends, analyst recommendations, earnings and profitability.

Earnings and Valuation

This table compares Granite Point Mortgage Trust and its peers revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Granite Point Mortgage Trust N/A N/A N/A
Granite Point Mortgage Trust Competitors $371.19 million $190.39 million 1.86

Granite Point Mortgage Trust’s peers have higher revenue and earnings than Granite Point Mortgage Trust.

Insider and Institutional Ownership

13.5% of Granite Point Mortgage Trust shares are held by institutional investors. Comparatively, 57.0% of shares of all “Mortgage REITs” companies are held by institutional investors. 3.6% of shares of all “Mortgage REITs” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Granite Point Mortgage Trust and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Granite Point Mortgage Trust N/A N/A N/A
Granite Point Mortgage Trust Competitors 55.56% 9.45% 1.98%

Analyst Ratings

This is a breakdown of recent ratings and target prices for Granite Point Mortgage Trust and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Granite Point Mortgage Trust 0 1 4 0 2.80
Granite Point Mortgage Trust Competitors 120 869 897 35 2.44

Granite Point Mortgage Trust currently has a consensus target price of $19.50, suggesting a potential upside of 7.32%. As a group, “Mortgage REITs” companies have a potential upside of 4.06%. Given Granite Point Mortgage Trust’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Granite Point Mortgage Trust is more favorable than its peers.

Dividends

Granite Point Mortgage Trust pays an annual dividend of $0.32 per share and has a dividend yield of 1.8%. As a group, “Mortgage REITs” companies pay a dividend yield of 9.7% and pay out 91.1% of their earnings in the form of a dividend.

Summary

Granite Point Mortgage Trust peers beat Granite Point Mortgage Trust on 8 of the 12 factors compared.

About Granite Point Mortgage Trust

Granite Point Mortgage Trust Inc. is focused primarily on directly originating, investing in and managing senior floating-rate commercial mortgage loans and other debt, such as commercial real estate investments. The Company formed to continue and expand the commercial real estate lending business. The Company is a long-term, fundamental value-oriented investor. The Company constructs its own investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting, selectivity and diversification available in the market. The Company provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancing and a range of business plans including lease-up, renovation, repositioning and repurposing of the property. It generally targets the top 25-50, metropolitan statistical areas (MSA) in the United States.

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