Head-To-Head Survey: Granite Point Mortgage Trust (GPMT) & Its Rivals

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 competitors? We will compare Granite Point Mortgage Trust to related businesses based on the strength of its profitability, risk, earnings, dividends, analyst recommendations, institutional ownership and valuation.

Insider and Institutional Ownership

13.5% of Granite Point Mortgage Trust shares are owned by institutional investors. Comparatively, 57.3% of shares of all “Mortgage REITs” companies are owned by institutional investors. 3.4% of shares of all “Mortgage REITs” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Granite Point Mortgage Trust and its competitors’ 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 66.29% 10.60% 2.60%

Valuation & Earnings

This table compares Granite Point Mortgage Trust and its competitors revenue, earnings per share (EPS) 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 1.44

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

Analyst Recommendations

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

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Granite Point Mortgage Trust 0 2 3 0 2.60
Granite Point Mortgage Trust Competitors 119 865 892 34 2.44

Granite Point Mortgage Trust presently has a consensus target price of $19.50, suggesting a potential upside of 7.73%. As a group, “Mortgage REITs” companies have a potential upside of 4.72%. Given Granite Point Mortgage Trust’s stronger consensus rating and higher probable upside, equities research analysts clearly believe Granite Point Mortgage Trust is more favorable than its competitors.

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 9.9% and pay out 91.7% of their earnings in the form of a dividend.

Summary

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

Granite Point Mortgage Trust Company Profile

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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