What Are The Chances Of Granite Point Mortgage Trust Inc (NYSE: GPMT) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NYSE listed company, GPMT falls under the Real Estate sector while operating within the REIT – Mortgage industry segment. The current market capitalization of Granite Point Mortgage Trust Inc is $175.85M. A total of 0.5 million shares were traded on the day, compared to an average of 396.06K shares.

In the most recent transaction, KASNET STEPHEN G sold 27,027 shares of GPMT for 3.08 per share on Jun 05 ’24. After the transaction, the Director now owns 121,066 company shares. In a previous transaction on Jun 05 ’24, DEHNE TANUJA M sold 5,717 shares at 3.11 per share. GPMT shares that Director owns now total 50,710.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. GPMT’s most recent ex-dividend date was 10/1/2024 when it declared a $0.05 quarterly dividend that was paid in cash on 10/15/2024. Previously, the company paid the dividend on 7/15/2024 with an ex-dividend date of 7/1/2024. The GPMT stock dividend was $0.05 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, GPMT has a high of $6.41 and a low of $2.46.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $13.37, while its Total Shareholder’s Equity was $1.01B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GPMT is Buy with a score of 3.50.

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