Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Granite Point Mortgage Trust Inc. before investing.

In this article, we go over a few key elements for understanding Granite Point Mortgage Trust Inc.’s stock price such as:

• Granite Point Mortgage Trust Inc.’s current stock price and volume
• Why Granite Point Mortgage Trust Inc.’s stock price changed recently
• Upgrades and downgrades for GPMT from analysts
• GPMT’s stock price momentum as measured by its relative strength

About Granite Point Mortgage Trust Inc. (GPMT)

Before we jump into Granite Point Mortgage Trust Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Granite Point Mortgage Trust Inc., a real estate investment trust, originates, invests in, and manages senior floating-rate commercial mortgage loans, and other debt and debt-like commercial real estate investments in the United States. The company provides intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, including lease-up, renovation, repositioning, and repurposing of the commercial property. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York.

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Granite Point Mortgage Trust Inc.’s Stock Price as of Market Close

As of April 22, 2025, 12:45 PM, CST, Granite Point Mortgage Trust Inc.’s stock price was $1.765.

Granite Point Mortgage Trust Inc. is up 9.63% from its previous closing price of $1.610.

During the last market session, Granite Point Mortgage Trust Inc.’s stock traded between $1.615 and $1.770. Currently, there are approximately 49.49 million shares outstanding for Granite Point Mortgage Trust Inc..

Granite Point Mortgage Trust Inc.’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

Granite Point Mortgage Trust Inc. Stock Price History

Granite Point Mortgage Trust Inc.’s (GPMT) price is currently down 32.12% so far this month.

During the month of April, Granite Point Mortgage Trust Inc.’s stock price has reached a high of $2.590 and a low of $1.610.

Over the last year, Granite Point Mortgage Trust Inc. has hit prices as high as $4.540 and as low as $1.610. Year to date, Granite Point Mortgage Trust Inc.’s stock is down 36.74%.

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What Caused Granite Point Mortgage Trust Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 21, 2025, there was 1 analyst who downgraded Granite Point Mortgage Trust Inc.’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Granite Point Mortgage Trust Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Granite Point Mortgage Trust Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Granite Point Mortgage Trust Inc. (GPMT) by visiting AAII Stock Evaluator.

Relative Price Strength of Granite Point Mortgage Trust Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 21, 2025, Granite Point Mortgage Trust Inc. has a weighted four-quarter relative price strength of -24.00%, which translates to a Momentum Score of 9 and is considered to be Very Weak.

Want to learn more about how Granite Point Mortgage Trust Inc. is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Granite Point Mortgage Trust Inc. Stock Price: Bottom Line

As of April 22, 2025, Granite Point Mortgage Trust Inc.’s stock price is $1.765, which is up 9.63% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Granite Point Mortgage Trust Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.