Granite Point Mortgage Trust Inc. Reports First Quarter 2024 Financial Results and Post Quarter-End Update [Yahoo! Finance]
Granite Point Mortgage Trust Inc. (GPMT)
Last granite point mortgage trust inc. earnings: 3/2 04:56 pm
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Source: Yahoo! Finance
financial results for the quarter ending March 31, 2024, and provided an update on its activities subsequent to quarter-end. A presentation containing first quarter 2024 financial results can be viewed at www.gpmtreit.com "Our first quarter earnings were primarily affected by the factors continuing to impact the commercial real estate sector, including prolonged high interest rates, historically low transaction volume and suppressed market liquidity," said Jack Taylor, President and Chief Executive Officer of Granite Point. "We increased our CECL reserves in the first quarter mainly reflecting the influence of the elevated uncertainty and shifting trends in the real estate market on the performance of select assets. Benefiting from the deep experience of our team managing real estate portfolios through multiple business cycles, we have maintained a strong focus on proactive liquidity and asset management, working collaboratively with our borrowers. Our low leverage, elevated liquidi
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News
- Granite Point Mortgage Trust (GPMT) Loses -15% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner [Yahoo! Finance]Yahoo! Finance
- Granite Point Mortgage Trust Inc. (NYSE:GPMT) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Granite Point Mortgage Trust First Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Granite Point Mortgage Trust Inc. Reports First Quarter 2024 Financial Results and Post Quarter-End UpdateBusiness Wire
- Positive Signs As Multiple Insiders Buy Granite Point Mortgage Trust Stock [Yahoo! Finance]Yahoo! Finance
GPMT
Earnings
- 5/7/24 - Beat
GPMT
Sec Filings
- 5/7/24 - Form 10-Q
- 5/7/24 - Form 8-K
- 4/22/24 - Form ARS
- GPMT's page on the SEC website