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Granite Point Mortgage Trust Inc. Common Stock

XNYS · Laboratory Analytical Instruments · S&P 500

$1.36

-$0.01 (-0.73%) today

Open $1.37 High $1.38 Low $1.35 Vol 92K Avg $1.36

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52-week price range

$1.24 $3.12

Price is 9.7% above its 52-week low and 56.3% below its 52-week high. Trading in the lower half of its annual range — closer to the floor than the ceiling.

Granite Point Mortgage Trust Inc focuses on directly originating, investing in, and managing senior floating rate commercial mortgage loans and other debt and debt-like commercial real estate investments. The company constructs its investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting, selectivity, and diversification, and assesses each investment from a fundamental value perspective relative to other opportunities available in the market. It typically provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancing, and a range of business plans, including lease-up, renovation, repositioning and repurposing of the commercial property.

  • Primary Exchange: XNYS
  • Market Cap: 71879437.5
  • Address:
  • Category: REAL ESTATE INVESTMENT TRUSTS
  • Total Employees: 28
  • Listing Date: 2017-06-23