Analysts See $0.36 EPS for Granite Point Mortgage Trust Inc. (GPMT)

January 29, 2018 - By Vivian Park

 Analysts See $0.36 EPS for Granite Point Mortgage Trust Inc. (GPMT)

Analysts expect Granite Point Mortgage Trust Inc. (NYSE:GPMT) to report $0.36 EPS on February, 5.GPMT’s profit would be $15.56 million giving it 11.98 P/E if the $0.36 EPS is correct. After having $0.28 EPS previously, Granite Point Mortgage Trust Inc.’s analysts see 28.57 % EPS growth. The stock decreased 0.12% or $0.02 during the last trading session, reaching $17.25. About 53,737 shares traded. Granite Point Mortgage Trust Inc. (NYSE:GPMT) has 0.00% since January 29, 2017 and is . It has underperformed by 16.70% the S&P500.

Granite Point Mortgage Trust Inc. intends to operate as a real estate investment trust in the United States. The company has market cap of $745.81 million. It focuses on originating, investing in, and managing senior floating-rate commercial mortgage loans, and other debt and debt-like commercial real estate investments. It has a 31.54 P/E ratio.

More notable recent Granite Point Mortgage Trust Inc. (NYSE:GPMT) news were published by: Marketwatch.com which released: “Granite Point Mortgage Trust Inc.” on July 18, 2017, also Seekingalpha.com with their article: “I Bought The Only Undervalued Mortgage REIT” published on July 11, 2017, Businesswire.com published: “Granite Point Mortgage Trust Inc. Announces Earnings Release and Conference …” on January 17, 2018. More interesting news about Granite Point Mortgage Trust Inc. (NYSE:GPMT) were released by: Seekingalpha.com and their article: “First Catalyst For Granite Point Mortgage Trust” published on August 08, 2017 as well as Businesswire.com‘s news article titled: “Granite Point Mortgage Trust Inc. Announces Launch of Initial Public Offering” with publication date: June 15, 2017.

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