Granite Point Mortgage Trust Inc. Reports Fourth Quarter and Full Year 2023 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
its financial results for the quarter and full year ending December 31, 2023, and provided an update on its activities subsequent to quarter-end. A presentation containing fourth quarter and full year 2023 financial results can be viewed at www.gpmtreit.com "During 2023, in light of the challenging macro environment, we prudently managed our business by actively managing our loan portfolio and maintaining a strong liquidity position, actions which protected our investors' capital," said Jack Taylor, president and Chief Executive Officer of GPMT. "Over the course of the year, we realized over $725 million of loan repayments, paydowns and resolutions, repaid our maturing convertible notes with cash and maintained a level of leverage that remains meaningfully below our target range, given the ongoing market uncertainty. In addition, our proactive portfolio management has resulted in a reduction of our office exposure by over 30% over the last couple of years. While maintaining a defens
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News
- Positive Signs As Multiple Insiders Buy Granite Point Mortgage Trust Stock [Yahoo! Finance]Yahoo! Finance
- Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2024 Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- Granite Point Mortgage Trust Inc. Announces Dates for First Quarter 2024 Earnings Release and Conference CallBusiness Wire
- Granite Point Mortgage Trust Inc. (NYSE: GPMT) had its price target lowered by analysts at Keefe, Bruyette & Woods from $5.00 to $4.75. They now have an "underperform" rating on the stock.MarketBeat
- Granite Point Mortgage Trust Inc. (NYSE: GPMT) had its price target lowered by analysts at UBS Group AG from $6.50 to $6.00. They now have a "buy" rating on the stock.MarketBeat
GPMT
Earnings
- 2/14/24 - Beat
GPMT
Sec Filings
- 4/22/24 - Form ARS
- 4/22/24 - Form DEFA14A
- 4/22/24 - Form DEF
- GPMT's page on the SEC website