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Stock impact report

Granite Point Mortgage Trust Inc. (GPMT) Stock [Seeking Alpha]

Granite Point Mortgage Trust Inc. (GPMT) 
Last granite point mortgage trust inc. earnings: 3/2 04:56 pm Check Earnings Report
US:NYSE Investor Relations: investors.gpmortgagetrust.com
Company Research Source: Seeking Alpha
Despite a significant pre-tax loss and declining common equity, I maintain my position in GPMT's Series A preferred shares. The preferred shares offer a 10.1% yield now, potentially rising to 14.7% by 2027, but market concerns persist. I will not add to my preferred stock position until sector improvements and the resolution of troubled loans are evident. Looking for more investing ideas like this one? Get them exclusively at European Small-Cap Ideas. Learn More » Introduction As it has been almost 1.5 years since I last covered Granite Point Mortgage Trust Inc. ( NYSE: GPMT ), this might be a good moment to take a closer look at the preferred shares again. I still have a Consider joining European Small-Cap Ideas to gain exclusive access to actionable research on appealing Europe-focused investment opportunities, and to the real-time chat function to discuss ideas with similar-minded investors! Recommended For You Show less Read more
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