GPMT / Granite Point Mortgage Trust: Dividend Cut Is Inevitable

Granite Point Mortgage Trust Inc. reported Q3 results, highlighting loan loss provisions and distributable earnings. The preferred dividend coverage r more_horizontal

Granite Point Mortgage Trust is a small mortgage REIT with a high risk of a dividend cut. Studies show that mortgage REITs are the worst performers wh more_horizontal

Granite Point Mortgage Trust (GPMT) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.18 per share. This more_horizontal

Granite Point Mortgage Trust is a mortgage REIT that provides capital for real estate projects. The company has experienced a decline in its stock pri more_horizontal

I issued a controversial SELL rating on GPMT back in February and the stock has dropped by 30% since then. At this lower price and post Q1 earnings wh more_horizontal

Granite Point Mortgage Trust (GPMT) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.18 per share. This more_horizontal

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2023 Earnings Release and Conference Call. more_horizontal

Office heavy mortgage REITs have come under a lot of pressure in 2022. Granite Point is no different and although it already cut its dividend by 20% i more_horizontal