15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 2 firms covering Granite Point Mortgage Trust Inc, 0 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a hold consensus. Targets span $2.50 to $3.50, a moderate spread. The average target of $3.00 sits 126% above the current $1.33. The rating mix has stayed broadly stable, with Buy-side ratings easing from 1 to 0 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.18 next quarter toward $-0.48 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS2 ratings
Hold
Strong Buy00%
Buy00%
Hold2100%
Sell00%
Strong Sell00%
Based on 2 analysts giving stock ratings to Granite Point Mortgage Trust Inc.
As of Jul, 0 of 2 firms rate GPMT a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
GPMT EPS & revenue forecast
EPS · NEXT QUARTER
$-0.18
Range $-0.18 – $-0.18 · 1 analysts · -55% YoY
Next period, 1 analysts expect Granite Point Mortgage Trust Inc to earn $-0.18 a share (range $-0.18 – $-0.18), versus $-0.40 a year earlier. Full-year consensus is $-0.67, growing to $-0.48 the year after.
REVENUE · NEXT QUARTER
$7.7M
Range $7.2M – $8.1M · 1 analysts · -26% YoY
Revenue is expected to reach $7.7M (range $7.2M – $8.1M), -25.5% year-over-year. Full-year consensus is $31.0M, rising to $35.7M next year.
Top analysts covering Granite Point Mortgage Trust Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on GPMT.
#1
Jade Rahmani
Keefe, Bruyette & Woods · Rank #8
Hold
$2.50+88.0% to target
Overall win rate
59%
+ Follow
#2
Douglas Harter
UBS · Rank #153
Buy
$3.50+163.2% to target
Overall win rate
39%
+ Follow
#3
CM
Chris Muller
JMP Securities
Hold
No targeton GPMT
Coverage
—
+ Follow
GPMT stock forecast FAQ
What is GPMT's average 12-month price target?+
The 2 analysts with a live target average $3.00 for Granite Point Mortgage Trust Inc over the next 12 months, ranging from a $3.50 high to a $2.50 low.
Is GPMT stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 2 analyst ratings, 0 are Buy or Strong Buy, 2 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for GPMT?+
The Street-high target is $3.50 (UBS), and the Street-low is $2.50 (Keefe, Bruyette & Woods). The average of all 2 active targets is $3.00.
How many Wall Street analysts cover GPMT?+
2 analysts have an active rating on Granite Point Mortgage Trust Inc, and 2 firms carry a live 12-month price target.
Who is the most accurate analyst covering GPMT?+
Among analysts who currently cover GPMT, Jade Rahmani of Keefe, Bruyette & Woods has the strongest overall Quantellect track record (Rank #8). Their current call is Hold with a $2.50 target.
What is Granite Point Mortgage Trust Inc's projected EPS for next quarter?+
The consensus estimate is $-0.18 per share (range $-0.18 – $-0.18) across 1 analysts. Full-year EPS is projected at $-0.67, rising to $-0.48 the following year.
How much revenue is Granite Point Mortgage Trust Inc expected to report next quarter?+
Consensus revenue is $7.7M (range $7.2M – $8.1M). Full-year revenue is projected at $31.0M, growing to $35.7M next year.
Have analysts been upgrading or downgrading GPMT lately?+
As of Jul, 0 of 2 firms rate GPMT a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their GPMT calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
