Granite Point Mortgage Trust (NYSE: GPMT) recently received a number of ratings updates from brokerages and research firms:
- 8/15/2026 – Granite Point Mortgage Trust was downgraded by Wall Street Zen to “strong sell”.
- 8/14/2026 – Granite Point Mortgage Trust was downgraded by Zacks Research from “hold” to “strong sell”.
- 8/12/2026 – Granite Point Mortgage Trust was given a new $1.25 price target by Compass Point.
- 8/12/2026 – Granite Point Mortgage Trust had its price target lowered by Keefe, Bruyette & Woods from $1.50 to $1.25. They now have a “market perform” rating on the stock.
- 7/17/2026 – Granite Point Mortgage Trust had its “sell (d-)” rating reaffirmed by Weiss Ratings.
- 7/16/2026 – Granite Point Mortgage Trust is now covered by UBS Group AG. They set a “neutral” rating and a $1.50 price target on the stock.
Granite Point Mortgage Trust Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 19.7%. The ex-dividend date was Wednesday, July 1st. Granite Point Mortgage Trust’s dividend payout ratio (DPR) is presently -9.95%.
Granite Point’s investment strategy centers on structuring loans to deliver attractive risk-adjusted returns, with portfolio allocations spanning senior loans, B-notes and mezzanine financings.
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