Welcome to our dedicated page for Granite Point Mo news (Ticker: GPMT), a resource for investors and traders seeking the latest updates and insights on Granite Point Mo stock.
Granite Point Mortgage Trust Inc. originates, invests in and manages senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments. Company news commonly covers quarterly results, loan portfolio commitments, repayments, resolutions of risk-rated loans, CECL reserves, portfolio yield, leverage and repurchase financing costs.
Updates also include common and preferred stock dividends, dividend tax information, share repurchases, unrestricted cash, annual meeting matters and business updates tied to commercial real estate credit performance. The company's reports frequently discuss bridge and transitional financing exposure, loan risk ratings and balance-sheet actions affecting its mortgage REIT portfolio.
Granite Point Mortgage Trust (NYSE: GPMT) reported first quarter 2026 results and a post-quarter update. GAAP net loss was $(6.0) million (−$0.13/sh), distributable loss was $(3.0) million (−$0.06/sh), and book value per share was $7.05. Total CECL reserve was $148.5 million (9.4% of loan commitments), decreasing to ~7.9% after post-quarter resolutions. Quarter-end unrestricted cash was $43.6 million and total leverage ratio was 1.7x. Net loan portfolio unpaid principal balance declined by $175.1 million driven by $189.4 million of repayments/sales and $14.3 million of fundings.
Granite Point Mortgage Trust (NYSE: GPMT) announced a Q1 2026 hotel loan sale and a Q2 resolution of a risk-rated “5” loan, and set dates for Q1 2026 earnings. The Company sold a $12.9 million hotel loan above principal and carrying value and resolved a $76.0 million retail loan.
GPMT expects an approximate $(30.1) million write-off covered by a prior $31.3 million allowance and a GAAP provision benefit of about $1.2 million for Q1 2026. Earnings release: May 5, 2026 (after close); conference call: May 6, 2026 at 11:00 a.m. ET.
Granite Point Mortgage Trust (NYSE: GPMT) declared quarterly cash dividends for Q1 2026: $0.05 per common share and $0.4375 per share on the 7.00% Series A preferred, both payable April 15, 2026 to holders of record April 1, 2026.
Business update: funded approx. $10.9M in UPB, realized about $(174.3)M in full principal repayments, reduced weighted cost of funds from S+3.08% to approx. S+2.49%, lowered total leverage ratio from 2.0x to approx. 1.7x, repurchased 0.2M common shares for approx. $0.3M, and held approx. $50.6M in unrestricted cash as of March 10, 2026.
Granite Point Mortgage Trust (NYSE:GPMT) will hold its 2026 Annual Meeting of Stockholders virtually on June 4, 2026 at 10:00 a.m. ET. Stockholders of record as of April 6, 2026 are eligible to vote and submit questions electronically.
Attendance and replay are via www.virtualshareholdermeeting.com/GPMT2026; a replay will be available for one year after the meeting.
Granite Point Mortgage Trust (NYSE: GPMT) reported Q4 2025 GAAP net loss of $(27.4)M and full-year GAAP net loss of $(55.6)M. Book value per share was $7.29 with a total CECL reserve of $148.4M (8.4% of commitments).
Post-quarter, GPMT received $174.3M of loan repayments, reduced repurchase financing cost by ~60bps and lowered total leverage from 2.0x to ~1.7x.
Granite Point Mortgage Trust (NYSE: GPMT) will release financial results for the quarter and full year ended December 31, 2025, after market close on Wednesday, February 11, 2026.
Management will host a conference call to review results on Thursday, February 12, 2026 at 11:00 a.m. ET; a live webcast and telephone playback with Access Code 13758005 will be available.
Granite Point Mortgage Trust (NYSE: GPMT) provided the federal tax treatment for its 2025 common and preferred stock dividends as expected to be reported on Form 1099-DIV. Common stock holders have 2025 total distributions of $0.20 per share. Preferred Series A holders have 2025 total distributions of $1.75 per share. The company reports no excess inclusion income for 2025. The release explains Section 857(b)(9) timing rules that treat certain January payments as paid on December 31 for tax-year reporting and advises stockholders to review brokerage 1099s and consult tax advisors.
Granite Point Mortgage Trust (NYSE: GPMT) announced quarterly cash dividends and a December business update. The Board declared a $0.05 common dividend and a $0.4375 per-share dividend on its 7.00% Series A preferred, both payable January 15, 2026 to holders of record on December 30, 2025.
Business activity in Q4 2025 included funding about $4.8 million of unpaid principal on existing loans, realizing roughly $39.0 million in full and partial principal repayments, refinancing an REO in Maynard, MA with a $18.0 million first mortgage at S+3.05%, reducing secured credit facility borrowings by $7.5 million, and holding approximately $66.9 million in unrestricted cash as of December 16, 2025.
Granite Point Mortgage Trust (NYSE: GPMT) reported third quarter 2025 results and a post-quarter update. GAAP net (loss) attributable to common stockholders was $(0.6) million ($(0.01) per share) and Distributable Earnings (Loss) were $(18.9) million ( $(0.40) per share). Book value per share was $7.94, including a $133.6 million CECL reserve (7.4% of loan commitments).
Portfolio: $1.8 billion total loan commitments, 97% floating rate, realized loan portfolio yield 7.5%, weighted risk rating 2.8. Net loan activity was negative $109.7 million in UPB with one $50.0 million resolution and a $19.4 million write-off. Ended Q3 with $62.7 million cash and total leverage 1.9x; post-quarter cash approx $80.1 million. Declared common dividend of $0.05 per share and preferred dividend $0.4375 per share.
Summary not available.