Granite Point Mortgage Trust Inc. (GPMT)
Lends money to commercial real estate developers for property acquisitions and renovations
$1.35+0.03%Real Estate
StockGlow Score
Leaning Bearish
BearishBullish
1 year ago-46.4%
The outlook
Granite Point Mortgage Trust is trading near the lower end of its 52-week range and below both its 50- and 200-day moving averages, signaling weak near-term momentum. Analyst coverage is thin with a "Hold" consensus, though the average price target sits roughly 11% above the current price. The overall lean is bearish based on current technicals and positioning.
What’s behind the score
Analyst consensusHold — 3.0 avg of 2 analysts
Price trendBelow its 50- & 200-day averages
52-week range6% of the way from its 52-week low to high
Price targetAvg target +11% vs current price
Market cap
$64.7M
52-wk high
$3.12
52-wk low
$1.24
50-day avg
$1.41
200-day avg
$1.94
Trailing P/E
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