Granite Point Mo Stock Price, News & Analysis

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.

Granite Point Mortgage Trust (NYSE: GPMT) has declared quarterly dividends for both common and preferred stockholders. Common stockholders will receive $0.05 per share, while Series A Preferred stockholders will receive $0.4375 per share, both payable on October 15, 2025.

The company provided key business updates including the $3.4 million partial paydown on a Chicago property loan, resolution of a $50 million Louisville student housing loan, and extension of their secured credit facility to December 2026 with improved terms. GPMT has funded $9.7 million in existing loans and received $65.5 million in repayments during the quarter. The company maintains $64.3 million in unrestricted cash.

Granite Point Mortgage Trust (NYSE: GPMT) reported its Q2 2025 financial results, posting a GAAP net loss of $(17.0) million, or $(0.35) per basic share, including an $(11.0) million provision for credit losses. The company's book value per share stood at $7.99, with a $(3.27) per share CECL reserve.

Key highlights include the resolution of five risk-rated loans year-to-date, the sale of an REO office property in Phoenix, and the repurchase of 1.25 million common shares at $2.48 per share. The company maintains a $1.9 billion loan portfolio, predominantly in senior floating-rate loans with a 64.7% weighted average stabilized LTV. Post-quarter, GPMT resolved a $50.0 million nonperforming student housing loan and extended its secured credit facility to December 2026.

Granite Point Mortgage Trust (NYSE: GPMT) has scheduled its second quarter 2025 earnings release and conference call. The company will release its Q2 2025 financial results on August 5, 2025, after market close, followed by a conference call on August 6, 2025, at 11:00 a.m. ET.

Investors can participate via phone by calling (877) 407-8031 (domestic) or (201) 689-8031 (international). A playback will be available from August 6 at 1:00 p.m. ET through August 20 at 12:00 a.m. ET. The webcast can be accessed at www.gpmtreit.com in the Investors section.

Granite Point Mortgage Trust (NYSE: GPMT) has declared Q2 2025 dividends and provided a business update. The company announced a quarterly cash dividend of $0.05 per common share and $0.4375 per Series A Preferred share, both payable on July 15, 2025. The company reported significant portfolio repositioning, including the resolution of two nonaccrual loans: a $79.9M mixed-use property loan in Baton Rouge with a $20.8M write-off, and a $52.2M hotel loan in Minneapolis with a $15.4M write-off. GPMT repurchased 1.25M common shares at $2.48 per share, totaling $3.1M. The company extended repurchase facilities by one year, funded $10.7M in existing loans, received $32.4M in repayments, and maintains $70M in unrestricted cash. An REO office property in Phoenix is expected to be sold soon near GAAP carrying value.

Granite Point Mortgage Trust (NYSE: GPMT) reported its Q1 2025 financial results, posting a GAAP net loss of $(10.6) million, or $(0.22) per share. The company experienced a Distributable Loss of $(27.7) million or $(0.57) per share. GPMT made progress in resolving troubled assets, with three risk-rated 5 loans resolved and a fourth closing soon, totaling approximately $230 million. The company received $107 million from loan repayments, including three office property loans. The loan portfolio, valued at $2.0 billion, is 98% floating rate and comprises over 99% senior loans. GPMT maintained a book value per share of $8.24 and declared a common stock dividend of $0.05. The company repurchased 0.9 million shares at an average price of $2.84, resulting in book value accretion of $0.10 per share. Post-quarter, GPMT extended all repurchase facilities by approximately one year and expects to close additional loan resolutions.