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Granite Point Mortgage Trust Inc (GPMT) USD0.01

Sell:$2.97 Buy:$2.98 Change: $0.11 (3.85%)
Market closed |  Prices as at close on 24 December 2024 | Switch to live prices |
Sell:$2.97
Buy:$2.98
Change: $0.11 (3.85%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Market closed |  Prices as at close on 24 December 2024 | Switch to live prices |
Sell:$2.97
Buy:$2.98
Change: $0.11 (3.85%)
Market closed |  Prices as at close on 24 December 2024 | Switch to live prices |
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Granite Point Mortgage Trust Inc. is an internally managed real estate finance company. The Company focuses primarily on directly originating, investing in and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments. Its investment objective is to preserve its stockholder's capital while generating attractive risk-adjusted returns over the long term, primarily through dividends derived from current income produced by its investment portfolio. The Company provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancings and a range of business plans. It may also directly originate and invest in mezzanine loans, subordinated mortgage interests and other real estate securities, and may also invest in preferred equity investments and other investments. The Company's loan portfolio consisted of approximately 73 commercial real estate loan investments.

Contact details

Address:
3 Bryant Park, Suite 2400A
NEW YORK
10036
United States
Telephone:
+1 (212) 3645500
Website:
https://www.gpmtreit.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
GPMT
ISIN:
US38741L1070
Market cap:
$148.37 million
Shares in issue:
49.96 million
Sector:
Mortgage REITs
Exchange:
New York Stock Exchange
Country:
United States
Currency:
US dollar
Indices:
n/a

Key personnel

  • John Taylor
    President, Chief Executive Officer, Director
  • Blake Johnson
    Chief Financial Officer, Vice President, Treasurer
  • Steven Plust
    Chief Operating Officer, Vice President
  • Stephen Alpart
    Chief Investment Officer, Vice President and Co-Head of Originations
  • Michael Karber
    Vice President, General Counsel, Secretary
  • Peter Morral
    Vice President, Chief Development Officer

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

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The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.