Granite Point Mortgage (GPMT): What Keefe Bruyette \u0026 Woods Is Saying About Their Stock

July 18, 2017 - By Nellie Frank

 Granite Point Mortgage (GPMT): What Keefe Bruyette \u0026 Woods Is Saying About Their Stock

How Keefe Bruyette \u0026 Woods Currently Rates Granite Point Mortgage (GPMT)

Keefe Bruyette \u0026 Woods revealed to investors and clients in a research report that it has started coverage on Granite Point Mortgage (GPMT) stock, with “Market Perform” rating.

It closed at $19.07 lastly. It is down 0.00% since July 18, 2016 and is . It has underperformed by 16.70% the S&P500.

Granite Point Mortgage Trust Inc. is focused primarily on directly originating, investing in and managing senior floating-rate commercial mortgage loans and other debt, such as commercial real estate investments. The company has market cap of $818.83 million. The Firm formed to continue and expand the commercial real estate lending business. It has a 19.23 P/E ratio. The Firm is a long-term, fundamental value-oriented investor.

More notable recent Granite Point Mortgage Trust Inc (NYSE:GPMT) news were published by: Gurufocus.com which released: “Granite Point Mortgage Trust Inc (GPMT) President and CEO John A Taylor Bought …” on July 01, 2017, also Benzinga.com with their article: “Granite Point Mortgage Trust” published on June 19, 2017, Nasdaq.com published: “Hard rock REIT: Granite Point Mortgage Trust sets terms for $205 million IPO” on June 15, 2017. More interesting news about Granite Point Mortgage Trust Inc (NYSE:GPMT) were released by: Streetinsider.com and their article: “JPMorgan Starts Granite Point Mortgage Trust (GPMT) at Overweight” published on July 18, 2017 as well as Seekingalpha.com‘s news article titled: “Granite Point Mortgage Set To IPO On Friday, June 23, 2017” with publication date: June 22, 2017.

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