Granite Point Mortgage Trust (GPMT) & Its Rivals Head to Head Analysis

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

Dividends

Granite Point Mortgage Trust pays an annual dividend of $0.70 per share and has a dividend yield of 4.0%. Granite Point Mortgage Trust pays out 76.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Mortgage REITs” companies pay a dividend yield of 10.0% and pay out 92.5% of their earnings in the form of a dividend.

Earnings & Valuation

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

Gross Revenue Net Income Price/Earnings Ratio
Granite Point Mortgage Trust N/A N/A 19.25
Granite Point Mortgage Trust Competitors $371.19 million $190.39 million 1.95

Granite Point Mortgage Trust’s rivals have higher revenue and earnings than Granite Point Mortgage Trust. Granite Point Mortgage Trust is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Granite Point Mortgage Trust and its rivals’ 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 55.31% 9.81% 1.99%

Insider & Institutional Ownership

13.5% of Granite Point Mortgage Trust shares are held by institutional investors. Comparatively, 56.6% 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 large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent recommendations for Granite Point Mortgage Trust and its rivals, 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 133 885 904 36 2.43

Granite Point Mortgage Trust currently has a consensus price target of $19.50, suggesting a potential upside of 11.30%. As a group, “Mortgage REITs” companies have a potential upside of 8.53%. Given Granite Point Mortgage Trust’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Granite Point Mortgage Trust is more favorable than its rivals.

Summary

Granite Point Mortgage Trust rivals beat Granite Point Mortgage Trust on 8 of the 13 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.

Receive News & Ratings for Granite Point Mortgage Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Granite Point Mortgage Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply