See more : Benz Mining Corp. (BZ.V) Income Statement Analysis – Financial Results
Complete financial analysis of Granite Point Mortgage Trust Inc. (GPMT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Granite Point Mortgage Trust Inc., a leading company in the REIT – Mortgage industry within the Real Estate sector.
You may be interested
- Beijing Qingyun Technology Co., Ltd. (688316.SS) Income Statement Analysis – Financial Results
- Zenith Steel Pipes & Industries Limited (ZENITHSTL.BO) Income Statement Analysis – Financial Results
- Flame Seal Products, Inc. (FLMP) Income Statement Analysis – Financial Results
- Orange Electronic Co., Ltd. (4554.TWO) Income Statement Analysis – Financial Results
- Starflex Public Company Limited (SFLEX.BK) Income Statement Analysis – Financial Results
Granite Point Mortgage Trust Inc. (GPMT)
About Granite Point Mortgage Trust Inc.
Granite Point Mortgage Trust Inc., a real estate investment trust, originates, invests in, and manages senior floating-rate commercial mortgage loans, and other debt and debt-like commercial real estate investments in the United States. The company provides intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, including lease-up, renovation, repositioning, and repurposing of the commercial property. As of December 31, 2021, its investment portfolio includes 105 commercial real estate loan investments. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered in New York, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 266.49M | 78.26M | 87.54M | 104.93M | 106.82M | 91.61M | 74.02M | 49.40M | 8.78M |
| Cost of Revenue | 11.29M | 30.98M | 30.10M | 29.02M | 21.51M | 16.03M | 10.98M | 7.78M | 1.25M |
| Gross Profit | 255.20M | 47.28M | 57.44M | 75.90M | 85.31M | 75.58M | 63.04M | 41.62M | 7.53M |
| Gross Profit Ratio | 95.76% | 60.41% | 65.62% | 72.34% | 79.87% | 82.51% | 85.16% | 84.25% | 85.76% |
| Research & Development | 0.00 | -0.19 | 0.35 | -0.18 | 0.28 | 0.34 | 0.45 | 0.58 | 0.00 |
| General & Administrative | 21.71M | 20.23M | 21.46M | 15.79M | 36.36M | 28.53M | 9.74M | 13.91M | 1.18M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 21.71M | 20.23M | 21.46M | 15.79M | 36.36M | 28.53M | 9.74M | 13.91M | 1.18M |
| Other Expenses | 0.00 | 10.75M | -40.45M | -160.56M | -72.97M | 2.20M | -42.46M | -11.03M | -7.40M |
| Operating Expenses | 32.00M | 10.75M | -18.99M | -144.77M | -36.61M | 30.73M | 22.07M | 14.66M | 8.65M |
| Cost & Expenses | 43.29M | 36.70M | -18.99M | -144.77M | -36.61M | 30.73M | 22.07M | 14.66M | 8.65M |
| Interest Income | 263.74M | 210.85M | 198.29M | 237.71M | 246.26M | 183.88M | 117.84M | 60.83M | 9.14M |
| Interest Expense | 181.74M | 126.13M | 105.58M | 112.94M | 136.98M | 91.52M | 42.46M | 11.03M | 477.00K |
| Depreciation & Amortization | 0.00 | 105.96M | 15.24M | 102.58M | 40.28M | 122.25M | 64.54M | 25.69M | -208.00K |
| EBITDA | 0.00 | 70.82M | 68.55M | -39.85M | 0.00 | 154.60M | 95.76M | 46.38M | 504.00K |
| EBITDA Ratio | 0.00% | 90.49% | 78.31% | -37.98% | 65.98% | 168.76% | 129.38% | 93.88% | 5.74% |
| Operating Income | 121.89M | 85.32M | 68.55M | -39.85M | 70.21M | 154.58M | 95.76M | 46.38M | 504.00K |
| Operating Income Ratio | 45.74% | 109.02% | 78.31% | -37.98% | 65.73% | 168.74% | 129.38% | 93.88% | 5.74% |
| Total Other Income/Expenses | -184.99M | -59.63M | -17.55M | -78.92M | -7.21M | -12.53M | -10.98M | -11.03M | 0.00 |
| Income Before Tax | -63.10M | -40.81M | 68.55M | -39.85M | 70.21M | 63.07M | 53.30M | 35.35M | 208.00K |
| Income Before Tax Ratio | -23.68% | -52.14% | 78.31% | -37.98% | 65.73% | 68.85% | 72.01% | 71.55% | 2.37% |
| Income Tax Expense | 95.00K | 17.00K | 192.00K | 593.00K | -4.00K | -2.00K | -4.00K | -11.00K | 70.00K |
| Net Income | -63.20M | -40.83M | 68.35M | -40.44M | 70.21M | 63.08M | 53.31M | 35.36M | 138.00K |
| Net Income Ratio | -23.71% | -52.17% | 78.09% | -38.54% | 65.73% | 68.85% | 72.01% | 71.58% | 1.57% |
| EPS | -1.50 | -0.77 | 1.24 | -0.73 | 1.32 | 1.21 | 0.60 | 0.82 | 0.00 |
| EPS Diluted | -1.50 | -0.77 | 1.23 | -0.73 | 1.32 | 1.21 | 0.60 | 0.82 | 0.00 |
| Weighted Avg Shares Out | 51.64M | 53.01M | 54.59M | 55.16M | 53.09M | 52.04M | 43.23M | 43.24M | 43.24M |
| Weighted Avg Shares Out (Dil) | 51.64M | 53.01M | 54.93M | 55.16M | 53.09M | 52.04M | 43.23M | 43.24M | 43.24M |
Don't Get Scrooged
Scrooge-like behavior is associated with being a miser who only cares about money and neglects others' feelings. The article emphasizes the importance of making the most of one's financial resources early on and avoiding investments with high risks. In this...
Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2023 Common and Preferred Stock Dividends and Business Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2023 Common and Preferred Stock Dividends and Business Update.
12% Yield Or Greater Plus Upside
Each share has a yield of at least 12%, or will after the call date passes. Most are common shares, including one I haven't published anything positive about in a very long time. Discount to book value is a huge...
13% Dividend Yield And 12% Upside
Despite big yields, these shares are still cheap. Fat dividends that grow with short-term rates are a nice hedge. The yields are between 9% and 9.5% today, but they are due for a big dividend increase starting in March 2024....
BDCs Vs. MREITs: High-Yield Rumble
Mortgage REITs and BDCs had varying performances in Q3 2023, with agency mortgage REITs performing the worst and BDCs performing the best. Originator/servicer mREITs and RC outperformed their peers in terms of book value changes. Investors should focus on BDCs...
REITs To The Moon
REITs experienced significant gains, outperforming other sectors. Investors are hesitant to own REITs during rising interest rates but don't want to miss out when rates fall. There's no time between rates falling and REITs rising. Lower interest rates can lead...
Granite Point Mortgage Trust Inc. (GPMT) Q3 2023 Earnings Call Transcript
Granite Point Mortgage Trust Inc. (NYSE:GPMT ) Q3 2023 Results Conference Call November 8, 2023 12:00 PM ET Company Participants Chris Petta - IR Jack Taylor - President, CEO Marcin Urbaszek - CFO Steve Alpart - CIO, Co-Head Originations Conference...
These 3 Financial Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Granite Point Mortgage (NYSE:GPMT), Annaly Capital Management (NYSE:NLY)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Granite Point Mortgage Trust Inc. Reports Third Quarter 2023 Financial Results and Post Quarter-End Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Third Quarter 2023 Financial Results and Post Quarter-End Update.
3 REITs That Should Suffer In Higher For Longer
Interest rates have surged like rarely before. Some REITs will be fine, but others could face significant pain. We discuss three REITs that could suffer a lot.
Source: https://incomestatements.info
Category: Stock Reports