Highlights
NYSE: GPMT       Granite Point Mortgage Trust Inc
Last Price Today's Change   Day's Range   Trading Volume
11.50   -0.20 (1.71%)  11.05 - 11.98  704,600

Overview

 
Avg Volume (4 weeks):394,557
4 Weeks Range:9.93 - 11.98
4 Weeks Price Volatility (%):
76.59%
52 Weeks Range:1.74 - 16.03
52 Weeks Price Volatility (%):
68.30%
Average Price Target:-

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Business Background

Granite Point Mortgage Trust Inc is a United States based company. It 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. The company construct its investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting, selectivity and diversification, and assess each investment from a fundamental value perspective relative to other opportunities available in the market. It typically provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancing and a range of business plans, including lease-up, renovation, repositioning and repurposing of the property.

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